Sprague Resources LP (SRLP) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments45873314
Cash and cash equivalents45873314
Receivables193282270317222161354
Inventory, net of allowances, customer advances and progress billings256293260336319241391
Inventory256293260336319241391
Derivative instruments and hedges, assets1467815310767158230
Advances on inventory purchases      8
Other current assets6764940435752
Other undisclosed current assets      (72)
Total current assets:666722699806654648967
Noncurrent Assets
Property, plant and equipment335348350350251251250
Intangible assets, net (including goodwill)156165175187948591
Goodwill115115115115716363
Intangible assets, net (excluding goodwill)41506072232228
Derivative instruments and hedges2017127   
Regulated entity, other noncurrent assets      15
Deposits noncurrent assets      7
Disposal group, including discontinued operation, noncurrent assets      1
Other noncurrent assets2224912141630
Other undisclosed noncurrent assets      (22)
Total noncurrent assets:534554546556359352373
TOTAL ASSETS:1,1991,2761,2451,3631,0121,0001,340
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities144191264254187139269
Accounts payable9714819820513891199
Accrued liabilities47436649484864
Employee-related liabilities      6
Debt36244011111
Derivative instruments and hedges, liabilities1547490157953789
Asset retirement obligation1111   
Due to related parties1168111414 
Business combination, contingent consideration, liability 8     
Customer advances and deposits   15
Other undisclosed current liabilities33160281154333392
Total current liabilities:675722523704451524765
Noncurrent Liabilities
Long-term debt and lease obligation3883865074504287424
Long-term debt, excluding current maturities382375507450 284418
Capital lease obligations  445
Operating lease, liability612
Liabilities, other than long-term debt7873181011616
Asset retirement obligations  3    
Deferred tax liabilities, net   1516
Deferred income tax liabilities1616
Due to related parties322211 
Other liabilities3941     
Derivative instruments and hedges, liabilities2013128   
Other undisclosed noncurrent liabilities  61674311519
Total noncurrent liabilities:466460585527436319458
Total liabilities:1,1411,1821,1081,2318878431,224
Stockholders' equity
Stockholders' equity attributable to parent(26)(20)(12)(9)(11)(12)(10)
Accumulated other comprehensive loss(26)(20)(12)(9)(11)(12)(10)
Other undisclosed stockholders' equity85113148141136169126
Total stockholders' equity:5994137132125157116
TOTAL LIABILITIES AND EQUITY:1,1991,2761,2451,3631,0121,0001,340

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,3363,5023,7712,8552,3903,4825,070
Revenue, net2,8552,3903,4825,070
Cost of revenue(2)(3,340)(3,560)(2,718)(2,285)(3,304)(4,755)
Cost of goods and services sold(2)(3,228) (2,603)(2,179)(3,189)(4,755)
Gross profit:2,334162212137105178315
Operating expenses(2,264)(85)(89)(72)(66)(71)(4,912)
Other undisclosed operating income10     4,755
Operating income:80771236440107158
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2(0)00(0)0(0)
Interest and debt expense(41)(43)(39)(31)(28)(27)(30)
Other undisclosed income from continuing operations before equity method investments, income taxes0110001
Income from continuing operations before income taxes:413585331280128
Income tax expense(7)(3)(5)(4)(2)(2)(6)
Net income:343180291078123
Net loss attributable to noncontrolling interest      (4)
Other undisclosed net income attributable to parent      4
Net income available to common stockholders, diluted:343180291078123

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:343180291078123
Other comprehensive income (loss)  (3)21(2)1
Comprehensive income:343177311177124
Comprehensive loss, net of tax, attributable to noncontrolling interest      (4)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(6)(8)    4
Comprehensive income, net of tax, attributable to parent:282377311177124

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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