Calumet Inc DE
For the period ended Sep 30, 2024. Filed Nov 12, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 12, 2024
CLMT$34.91-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Cash Flows
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Nine Months Ended September 30, | ||||||
| · 2024 · 2023 | ||||||
| · · (In millions) | ||||||
| Operating activities · · · · · (As Restated) | ||||||
| Net income (loss) | | $(181.3) | | $96.1 | ||
| Non-cash RINs gain | | (1.6) | | (134.0) | ||
| Unrealized (gain) loss on derivative instruments | | 0.8 | | (18.8) | ||
| Other non-cash activities | | 148.7 | | 145.9 | ||
| Changes in assets and liabilities | | | (9.6) | | | (96.6) |
| Net cash used in operating activities | | (43.0) | | (7.4) | ||
| Investing activities | | | ||||
| Additions to property, plant and equipment | | (51.7) | | (240.3) | ||
| Net cash used in investing activities | | (51.7) | | (240.3) | ||
| Financing activities | | | ||||
| Proceeds from borrowings — revolving credit facility | | 1,605.6 | | 1,585.6 | ||
| Repayments of borrowings — revolving credit facility | | (1,516.4) | | (1,618.5) | ||
| Proceeds from borrowings — MRL revolving credit agreement | | | 32.0 | | | 79.0 |
| Repayments of borrowings — MRL revolving credit agreement | | | (45.0) | | | (79.0) |
| Proceeds from borrowings — senior notes | | 200.0 | | 325.0 | ||
| Repayments of borrowings — senior notes | | (229.0) | | (121.0) | ||
| Proceeds from inventory financing | | 550.0 | | 1,229.3 | ||
| Payments on inventory financing | | (580.0) | | (1,235.2) | ||
| Proceeds from other financing obligations | | 144.7 | | 101.5 | ||
| Payments on other financing obligations | | (39.6) | | (33.8) | ||
| Net cash provided by financing activities | | 122.3 | | 232.9 | ||
| Net increase (decrease) in cash, cash equivalents and restricted cash | | 27.6 | | (14.8) | ||
| Cash, cash equivalents and restricted cash at beginning of period | | 14.7 | | 35.2 | ||
| Cash, cash equivalents and restricted cash at end of period | | $42.3 | | $20.4 | ||
| Cash and cash equivalents | | $34.6 | | $13.7 | ||
| Restricted cash | | $7.7 | | $6.7 | ||
| Supplemental disclosure of non-cash investing activities | | | ||||
| Non-cash property, plant and equipment additions | | $29.2 | | $31.7 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.