Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Net loss $ (332,780) $ (198,756) $ (76,203)
Adjustments to reconcile net loss to net cash used in operating activities:      
Gain on sale of limited partnership investment 0 0 (128,330)
Depreciation, depletion and amortization 66,407 63,405 63,251
Noncash loss on early extinguishment of debt 16,565 0 50,320
Non-cash interest expense on 2008 Loans 0 19,636 32,523
Use of cash for accrued interest 0 0 (60,899)
Amortization of debt issuance and discount costs 20,307 28,677 27,185
Non-cash compensation 58,696 26,364 17,839
Non-cash LNG inventory write-downs 0 10,992 264
Purchase of Crest Royalty (11,732) 0 0
Non-controlling interest (12,861) (4,582) (2,191)
Use of restricted cash and cash equivalents 121,186 4,616 30,823
Other (3,348) 1,413 (7,095)
Changes in operating assets and liabilities:      
Accounts and interest receivable 704 1,463 466
Accounts payable and accrued liabilities (29,295) 28,857 3,035
LNG inventory (483) (16,342) 31,126
Deferred revenue (4,089) (4,458) (3,864)
Prepaid expenses and other 2,883 (4,049) 4,830
Net cash used in operating activities (107,840) (42,764) (16,920)
Cash flows from investing activities      
Proceeds from sale of limited partnership investment 0 0 104,330
Investment in Cheniere Partners (545,144) (17,806) 0
LNG terminal and pipeline construction-in-process, net (1,117,956) (8,934) (4,223)
Use of restricted cash and cash equivalents 1,587,495 8,222 5,350
Distributions from limited partnership investment 0 0 3,900
Other (8,929) (3,613) (371)
Net cash provided by (used in) investing activities (84,534) (22,131) 108,986
Proceeds From Sale Of Class B Units By Cheniere Partners 1,387,342 0 0
Cash flows from financing activities      
Sale of common stock, net 1,200,705 468,598 0
Proceeds from Notes Payable 420,000 0 0
Proceeds from Lines of Credit 100,000 0 0
Sale of common units by Cheniere Partners 204,878 52,351 0
Repurchases and prepayments of debt (1,326,514) 0 (104,681)
Use of (investment in) restricted cash and cash equivalents (1,771,666) (24,136) 29,073
Payments of Financing Costs (223,079) (4,341) (1,432)
Distributions to non-controlling interest (36,327) (28,215) (26,393)
Purchase of treasury shares (20,414) (14,363) (2,844)
Net cash provided by (used in) financing activities (65,075) 449,894 (106,277)
Net increase (decrease) in cash and cash equivalents (257,449) 384,999 (14,211)
Cash and cash equivalents—beginning of period 459,160 74,161 88,372
Cash and cash equivalents—end of period $ 201,711 $ 459,160 $ 74,161