Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

v2.3.0.15
Consolidated Statements of Cash Flows (USD $)
In Thousands
 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities    
Net loss attributable to common stockholders $ (140,947) $ 9,930
Adjustments to reconcile net loss attributable to common stockholders to net cash provided by (used in) operating activities:    
Gain on sale of limited partnership investment 0 (128,330)
Loss on early extinguishment of debt 0 1,011
Depreciation, depletion and amortization 46,282 47,885
Amortization of debt issuance and debt discount 21,331 20,397
Non-cash compensation 16,629 13,380
Investment in (use of) restricted cash and cash equivalents (35,673) (4,337)
Non-cash derivative gain 171 (820)
Non-controlling interest (3,459) (1,708)
Non-cash interest expense 19,636 24,963
Use of cash for accrued interest 0 (60,899)
Other 3,401 (5,872)
Changes in operating assets and liabilities:    
Accounts payable and accrued liabilities 44,016 40,019
LNG inventory (5,667) 31,702
Accounts and interest receivable 407 2,246
Deferred revenue (3,629) (3,116)
Prepaid expenses and other (2,413) 1,918
Net cash provided by (used in) operating activities (39,915) (11,631)
Cash flows from investing activities    
Proceeds from sale of limited partnership investment 0 104,330
Investment in Cheniere Partners (17,806) 0
Use of restricted cash and cash equivalents 6,512 3,939
LNG terminal and pipeline construction-in-process, net (6,538) (2,805)
Distributions from limited partnership investment 0 3,900
Other (2,145) 200
Net cash provided by (used in) investing activities (19,977) 109,564
Cash flows from financing activities    
Sale of common stock, net 123,113 0
Debt repurchases 0 (104,681)
Use of restricted cash and cash equivalents (32,504) 22,475
Distributions to non-controlling interest (20,123) (19,794)
Sale of common units by restricted affiliate 52,628 0
Purchase of treasury shares (1,730) (681)
Other (4,341) (2,109)
Net cash provided by (used in) financing activities 117,043 (104,790)
Net increase (decrease) in cash and cash equivalents 57,151 (6,857)
Cash and cash equivalents—beginning of period 74,161 88,372
Cash and cash equivalents—end of period $ 131,312 $ 81,515