Schedule I—Condensed Financial Information of Registrant (Tables)
|
12 Months Ended |
Dec. 31, 2015 |
|---|
| Condensed Financial Statements, Captions [Line Items] |
|
| Schedule of Cash Flow, Supplemental Disclosures |
The following table provides supplemental disclosure of cash flow information (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
2015 |
|
2014 |
|
2013 |
Cash paid during the year for interest, net of amounts capitalized and deferred |
|
$ |
122,860 |
|
|
$ |
130,578 |
|
|
$ |
120,908 |
|
Balance in property, plant and equipment, net funded with accounts payable and accrued liabilities |
|
301,375 |
|
|
129,842 |
|
|
154,517 |
|
Non-cash conveyance of assets |
|
13,169 |
|
|
— |
|
|
— |
|
|
| Parent Company [Member] |
|
| Condensed Financial Statements, Captions [Line Items] |
|
| Condensed Balance Sheet |
CHENIERE ENERGY, INC.
CONDENSED BALANCE SHEETS
(in thousands)
|
|
|
|
|
|
|
|
|
|
December 31, |
|
2015 |
|
2014 |
ASSETS |
|
|
|
|
Current assets |
$ |
132 |
|
|
$ |
— |
|
Non-current restricted cash |
6,572 |
|
|
5,847 |
|
Property, plant and equipment, net |
8,899 |
|
|
2,596 |
|
Debt receivable—affiliates |
843,629 |
|
|
809,416 |
|
Investments in affiliates |
(426,420 |
) |
|
(25,169 |
) |
Other non-current assets |
2,845 |
|
|
414 |
|
Total assets |
$ |
435,657 |
|
|
$ |
793,104 |
|
|
|
|
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|
|
|
Accrued liabilities |
$ |
8,051 |
|
|
$ |
8,086 |
|
Current debt—affiliate |
143,580 |
|
|
134,444 |
|
Long-term debt, net |
1,185,876 |
|
|
814,751 |
|
|
|
|
|
Stockholders’ deficit |
(901,850 |
) |
|
(164,177 |
) |
Total liabilities and equity |
$ |
435,657 |
|
|
$ |
793,104 |
|
|
| Condensed Statements of Operations and Comprehensive Loss |
CHENIERE ENERGY, INC.
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2015 |
|
2014 |
|
2013 |
Operating costs and expenses |
|
|
|
|
|
Depreciation expense |
58 |
|
|
— |
|
|
— |
|
General and administrative expense (recovery) |
(356 |
) |
|
10,597 |
|
|
1,171 |
|
Total operating costs and expenses |
(298 |
) |
|
10,597 |
|
|
1,171 |
|
|
|
|
|
|
|
Other income (expense) |
|
|
|
|
|
Interest expense, net |
(93,116 |
) |
|
(4,205 |
) |
|
— |
|
Interest expense, net—affiliates |
(9,137 |
) |
|
(9,137 |
) |
|
(9,137 |
) |
Interest income |
3 |
|
|
3 |
|
|
— |
|
Interest income—affiliates |
34,213 |
|
|
34,213 |
|
|
34,213 |
|
Equity losses of affiliates |
(907,370 |
) |
|
(558,209 |
) |
|
(531,827 |
) |
Total other expense |
(975,407 |
) |
|
(537,335 |
) |
|
(506,751 |
) |
|
|
|
|
|
|
Net loss attributable to common stockholders |
$ |
(975,109 |
) |
|
$ |
(547,932 |
) |
|
$ |
(507,922 |
) |
|
|
|
|
|
|
Other comprehensive income |
— |
|
|
— |
|
|
25,319 |
|
Comprehensive loss |
$ |
(975,109 |
) |
|
$ |
(547,932 |
) |
|
$ |
(482,603 |
) |
|
| Condensed Statements of Cash Flows |
CHENIERE ENERGY, INC.
CONDENSED STATEMENTS OF CASH FLOWS
(in thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
2015 |
|
2014 |
|
2013 |
Net cash used in operating activities |
|
$ |
(117,915 |
) |
|
$ |
(240 |
) |
|
$ |
(5,796 |
) |
|
|
|
|
|
|
|
Cash flows from investing activities |
|
|
|
|
|
|
|
|
|
Investments in affiliates |
|
(320,584 |
) |
|
(901,329 |
) |
|
139,494 |
|
Net cash provided by (used in) investing activities |
|
(320,584 |
) |
|
(901,329 |
) |
|
139,494 |
|
|
|
|
|
|
|
|
Cash flows from financing activities |
|
|
|
|
|
|
|
|
|
Proceeds from issuance of debt |
|
500,000 |
|
|
1,000,000 |
|
|
— |
|
Proceeds from sale of common stock, net |
|
— |
|
|
— |
|
|
3,628 |
|
Payments related to tax withholdings for share-based compensation |
|
(61,179 |
) |
|
(112,324 |
) |
|
(140,711 |
) |
Excess tax benefit from share-based compensation |
|
1,524 |
|
|
3,605 |
|
|
3,385 |
|
Proceeds from exercise of stock options |
|
2,283 |
|
|
10,806 |
|
|
— |
|
Other |
|
(4,129 |
) |
|
(518 |
) |
|
— |
|
Net cash provided by (used in) financing activities |
|
438,499 |
|
|
901,569 |
|
|
(133,698 |
) |
|
|
|
|
|
|
|
Net increase (decrease) in cash and cash equivalents |
|
— |
|
|
— |
|
|
— |
|
Cash and cash equivalents—beginning of period |
|
— |
|
|
— |
|
|
— |
|
Cash and cash equivalents—end of period |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
| Schedule of Debt |
As of December 31, 2015 and 2014, our debt consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
2015 |
|
2014 |
Note—Affiliate |
|
$ |
143,580 |
|
|
$ |
134,444 |
|
|
| Schedule of Cash Flow, Supplemental Disclosures |
The following table provides supplemental disclosure of cash flow information (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
2015 |
|
2014 |
|
2013 |
Non-cash capital contributions (1) |
|
$ |
(907,370 |
) |
|
$ |
(558,209 |
) |
|
$ |
(531,827 |
) |
|
|
(1) |
Amounts represent equity losses of affiliates. |
|