Supplemental Disclosures to the Balance Sheets and Statements of Cash Flows

Other current assets reported on the balance sheets included the following:



	Berry Corp. (Successor)
	December 31, 2019		December 31, 2018
	(in thousands)
Prepaid expenses	$	4,577	$	4,656
Materials and supplies	10,544		5,461
Oil inventories	3,432		3,786
Other	846		464
Other current assets	$	19,399	$	14,367

Other non-current assets at December 31, 2019 and December 31, 2018 included approximately $11 million and $16 million of deferred financing costs, net of amortization, respectively.

Accounts payable and accrued expenses on the balance sheets included the following:



	Berry Corp. (Successor)
	December 31, 2019		December 31, 2018
	(in thousands)
Accounts payable-trade	$	25,475	$	13,564
Accrued expenses	45,589		66,417
Royalties payable	25,385		26,189
Taxes other than income tax liability	9,150		10,766
Accrued interest	10,500		10,500
Dividends payable	9,888		9,992
Asset retirement obligation - current portion	25,208		6,372
Other	616		318
Total accounts payable and accrued expenses	$	151,811	$	144,118

Other non-current liabilities at December 31, 2019 and December 31, 2018 included approximately $33 million and $15 million of greenhouse gas liability, respectively.

Supplemental Information on the Statement of Operations

Other operating (income) expenses mainly consist of excess abandonment costs, as well as gain (loss) on sale of assets.

Supplemental Cash Flow Information

Supplemental disclosures to the statements of cash flows are presented below:



	Berry Corp. (Successor)								Berry LLC (Predecessor)
	Year Ended December 31, 2019			Year Ended December 31, 2018			Ten Months Ended December 31, 2017		Two Months Ended February 28, 2017
	(in thousands)
Supplemental Disclosures of Significant Non-Cash Investing Activities:
Material inventory transfers to oil and natural gas properties	$	10,056		$	2,371		$	—	$	—
Supplemental Disclosures of Cash Payments (Receipts):
Interest, net of amounts capitalized	$	30,720		$	19,761		$	14,276	$	8,057
Income taxes	$	(2	)	$	(1,901	)	$	1,994	$	—
Reorganization items, net	$	—		$	832		$	1,732	$	11,838

The following table provides a reconciliation of cash, cash equivalents and restricted cash as reported in the consolidated statements of cash flows to the line items within the consolidated balance sheets:



	Berry Corp. (Successor)						Berry LLC (Predecessor)
	Year Ended December 31, 2019		Year Ended December 31, 2018		Ten Months Ended December 31, 2017		Two Months Ended February 28, 2017
	(in thousands)
Beginning of Period
Cash and cash equivalents	$	68,680	$	33,905	$	32,049	$	30,483
Restricted cash	—		34,833		52,860		197,793
Restricted cash in other noncurrent assets	—		—		125		128
Cash, cash equivalents and restricted cash	$	68,680	$	68,738	$	85,034	$	228,404

Ending of Period
Cash and cash equivalents	$	—	$	68,680	$	33,905	$	32,049
Restricted cash	—		—		34,833		52,860
Restricted cash in other noncurrent assets	—		—		—		125
Cash, cash equivalents and restricted cash	$	—	$	68,680	$	68,738	$	85,034

Restricted cash is associated with cash reserved to settle claims with general unsecured creditors. Cash and cash equivalents consists primarily of highly liquid investments with original maturities of three months or less and are stated at cost, which approximates fair value. As part of our cash management system, we use a controlled disbursement account to fund cash distribution checks presented for payment by the holder. Checks issued but not yet presented to banks may result in overdraft balances for accounting purposes in the accounts payable and accrued expenses account.