Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net loss $ (238,456) $ (140,947)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash compensation 53,961 16,629
Depreciation, depletion and amortization 47,001 46,282
Loss on early extinguishment of debt 15,095 0
Purchase of Crest Royalty, net of amortization (13,384) 0
Non-cash interest expense on 2008 Loans 0 19,636
Amortization of debt issuance and discount costs 18,073 21,331
Non-controlling interest (8,277) (3,459)
Use of (investment in) restricted cash and cash equivalents 24,139 (35,673)
Other (2,017) 3,572
Changes in operating assets and liabilities:    
Accounts and interest receivable (23,871) 407
Accounts payable and accrued liabilities 19,413 44,016
LNG inventory, net 3,455 (5,667)
Deferred revenue (3,104) (3,629)
Prepaid expenses and other 2,993 (2,413)
Net cash used in operating activities (104,979) (39,915)
Cash flows from investing activities    
Use of restricted cash and cash equivalents 1,352,656 6,512
LNG Terminal and pipeline construction-in-process, net (871,167) (6,538)
Investment in Cheniere Partners (534,940) (17,806)
Purchase of intangible and fixed assets, net of sales (3,053) 0
Other (18,543) (2,145)
Net cash provided by (used in) investing activities (75,047) (19,977)
Cash flows from financing activities    
Sale of common stock, net 1,200,717 123,113
Sale of Class B Units by Cheniere Partners 887,563 0
Sale of common units by Cheniere Partners 205,174 52,628
Proceeds from Lines of Credit 100,000 0
Investment in restricted cash and cash equivalents (1,425,209) (32,504)
Repurchases and prepayments of debt (776,514) 0
Debt issuance costs (210,828) (4,341)
Distributions to non-controlling interest (24,628) (20,123)
Purchase of treasury shares (20,414) (1,730)
Net cash provided by (used in) financing activities (64,139) 117,043
Net increase (decrease) in cash and cash equivalents (244,165) 57,151
Cash and cash equivalents—beginning of period 459,160 74,161
Cash and cash equivalents—end of period $ 214,995 $ 131,312