Sprague Resources LP (SRLP) financial statements (2020 and earlier)

Company profile

Business Address 185 INTERNATIONAL DRIVE
PORTSMOUTH, NH 03801
State of Incorp. DE
Fiscal Year End December 31
SIC 5171 - Petroleum Bulk stations and Terminals (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments58733141
Cash and cash equivalents58733141
Receivables282270317222161354288
Inventory, net of allowances, customer advances and progress billings293260336319241391348
Inventory293260336319241391348
Derivative instruments and hedges, assets781531076715823065
Advances on inventory purchases     85
Other current assets6494043575225
Other undisclosed current assets     (72)(50)
Total current assets:722699806654648967683
Noncurrent Assets
Property, plant and equipment348350350251251250117
Intangible assets, net (including goodwill)16517518794859154
Goodwill11511511571636337
Intangible assets, net (excluding goodwill)50607223222817
Derivative instruments and hedges17127    
Regulated entity, other noncurrent assets     1513
Deposits noncurrent assets     7 
Disposal group, including discontinued operation, noncurrent assets     1
Other noncurrent assets24912141630 
Other undisclosed noncurrent assets     (22)(13)
Total noncurrent assets:554546556359352373171
TOTAL ASSETS:1,2761,2451,3631,0121,0001,340854
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities191264254187139269209
Accounts payable14819820513891199175
Accrued liabilities43664948486433
Employee-related liabilities     6 
Debt440111111
Derivative instruments and hedges, liabilities7490157953789131
Asset retirement obligation111    
Due to related parties68111414  
Business combination, contingent consideration, liability8     
Customer advances and deposits   15
Other undisclosed current liabilities3160281154333392131
Total current liabilities:722523704451524765471
Noncurrent Liabilities
Long-term debt and lease obligation3865074504287424336
Long-term debt, excluding current maturities375507450 284418333
Capital lease obligations  4453
Operating lease, liability12
Liabilities, other than long-term debt731810116162
Asset retirement obligations 3     
Deferred tax liabilities, net   15162
Deferred income tax liabilities16
Due to related parties22211  
Other liabilities41      
Derivative instruments and hedges, liabilities13128    
Other undisclosed noncurrent liabilities 6167431151915
Total noncurrent liabilities:460585527436319458352
Total liabilities:1,1821,1081,2318878431,224824
Stockholders' equity
Stockholders' equity attributable to parent(20)(12)(9)(11)(12)(10)(2)
Accumulated other comprehensive loss(20)(12)(9)(11)(12)(10)(2)
Other undisclosed stockholders' equity11314814113616912632
Total stockholders' equity:9413713212515711630
TOTAL LIABILITIES AND EQUITY:1,2761,2451,3631,0121,0001,340854

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues3,5023,7712,8552,3903,4825,0704,601
Revenue, net2,8552,3903,4825,0704,601
Cost of revenue(3,340)(3,560)(2,718)(2,285)(3,304)(4,755)(4,475)
Cost of goods and services sold(3,228) (2,603)(2,179)(3,189)(4,755)(4,475)
Gross profit:162212137105178315126
Operating expenses(85)(89)(72)(66)(71)(4,912)(121)
Other undisclosed operating income     4,755 
Operating income:7712364401071585
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(0)00(0)0(0)1
Interest and debt expense(43)(39)(31)(28)(27)(30)(29)
Other undisclosed income from continuing operations before equity method investments, income taxes1100011
Income (loss) from continuing operations before income taxes:3585331280128(22)
Income tax expense(3)(5)(4)(2)(2)(6)(5)
Net income (loss):3180291078123(28)
Net loss attributable to noncontrolling interest     (4) 
Other undisclosed net income attributable to parent     4 
Net income (loss) available to common stockholders, diluted:3180291078123(28)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):3180291078123(28)
Other comprehensive income (loss) (3)21(2)1(3)
Comprehensive income (loss):3177311177124(30)
Comprehensive loss, net of tax, attributable to noncontrolling interest     (4) 
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(8)    4 
Comprehensive income (loss), net of tax, attributable to parent:2377311177124(30)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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