10-Q Filing

CHENIERE ENERGY PARTNERS, L.P. CIK: 1383650 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001383650-11-000036`
Period End Date	20110630
Filing Date	20110805
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	cqp-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 14 Income Statement 76 Cash Flow Statement 52 Stockholders Equity 10

Balance Sheet 14 line items

Line Item	Tag	Value	Unit	Period
Common unitholders, units issued	`LimitedPartnersCapitalAccountCommonUnitsIssued`	26.93M	shares	Point-in-time
Common unitholders, units issued	`LimitedPartnersCapitalAccountCommonUnitsIssued`	26.42M	shares	Point-in-time
Common unitholders, units outstanding	`LimitedPartnersCapitalAccountCommonUnitsOutstanding`	26.93M	shares	Point-in-time
Common unitholders, units outstanding	`LimitedPartnersCapitalAccountCommonUnitsOutstanding`	26.42M	shares	Point-in-time
Subordinated unitholders, units issued	`LimitedPartnersCapitalAccountSubordinatedUnitsIssued`	135.38M	shares	Point-in-time
Subordinated unitholders, units issued	`LimitedPartnersCapitalAccountSubordinatedUnitsIssued`	135.38M	shares	Point-in-time
Subordinated unitholders, units outstanding	`LimitedPartnersCapitalAccountSubordinatedUnitsOutstanding`	135.38M	shares	Point-in-time
Subordinated unitholders, units outstanding	`LimitedPartnersCapitalAccountSubordinatedUnitsOutstanding`	135.38M	shares	Point-in-time
General Partner 2% interest	`GeneralPartnerOwnershipInterestPercentage`	0.02	pure	Point-in-time
General Partner 2% interest	`GeneralPartnerOwnershipInterestPercentage`	0.02	pure	Point-in-time
General Partner 2% interest, units issued	`GeneralPartnersCapitalAccountUnitsIssued`	3.31M	shares	Point-in-time
General Partner 2% interest, units issued	`GeneralPartnersCapitalAccountUnitsIssued`	3.30M	shares	Point-in-time
General Partner 2% interest, units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	3.30M	shares	Point-in-time
General Partner 2% interest, units outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	3.31M	shares	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Revenues from Third Parties	`RevenueFromThirdParties`	$132.83M	USD	2 Qtrs
Revenues from Third Parties	`RevenueFromThirdParties`	$66.00M	USD	1 Quarter
Revenues from Third Parties	`RevenueFromThirdParties`	$67.18M	USD	1 Quarter
Revenues from Third Parties	`RevenueFromThirdParties`	$136.84M	USD	2 Qtrs
Revenuesaffiliate	`RevenueFromRelatedParties`	$6.43M	USD	1 Quarter
Revenuesaffiliate	`RevenueFromRelatedParties`	$11.21M	USD	2 Qtrs
Revenuesaffiliate	`RevenueFromRelatedParties`	$127.71M	USD	2 Qtrs
Revenuesaffiliate	`RevenueFromRelatedParties`	$63.76M	USD	1 Quarter
Total revenues	`Revenues`	$73.61M	USD	1 Quarter
Total revenues	`Revenues`	$129.76M	USD	1 Quarter
Total revenues	`Revenues`	$148.06M	USD	2 Qtrs
Total revenues	`Revenues`	$260.54M	USD	2 Qtrs
Operating and maintenance expense	`OperatingCostsAndExpenses`	$9.59M	USD	2 Qtrs
Operating and maintenance expense	`OperatingCostsAndExpenses`	$3.90M	USD	1 Quarter
Operating and maintenance expense	`OperatingCostsAndExpenses`	$14.24M	USD	2 Qtrs
Operating and maintenance expense	`OperatingCostsAndExpenses`	$6.17M	USD	1 Quarter
Operating and maintenance expenseaffiliate	`OperatingCostsAndExpensesRelatedParties`	$6.11M	USD	2 Qtrs
Operating and maintenance expenseaffiliate	`OperatingCostsAndExpensesRelatedParties`	$3.08M	USD	1 Quarter
Operating and maintenance expenseaffiliate	`OperatingCostsAndExpensesRelatedParties`	$6.15M	USD	2 Qtrs
Operating and maintenance expenseaffiliate	`OperatingCostsAndExpensesRelatedParties`	$3.52M	USD	1 Quarter
Depreciation expense	`DepreciationAndAmortization`	$10.74M	USD	1 Quarter
Depreciation expense	`DepreciationAndAmortization`	$21.48M	USD	2 Qtrs
Depreciation expense	`DepreciationAndAmortization`	$10.56M	USD	1 Quarter
Depreciation expense	`DepreciationAndAmortization`	$21.12M	USD	2 Qtrs
Development expense	`ResearchAndDevelopmentExpense`	$613.00K	USD	2 Qtrs
Development expense	`ResearchAndDevelopmentExpense`	$11.16M	USD	1 Quarter
Development expense	`ResearchAndDevelopmentExpense`	$17.78M	USD	2 Qtrs
Development expense	`ResearchAndDevelopmentExpense`	$407.00K	USD	1 Quarter
Development expenseaffiliate	`ResearchAndDevelopmentExpenseRelatedParties`	$1.82M	USD	2 Qtrs
Development expenseaffiliate	`ResearchAndDevelopmentExpenseRelatedParties`	$485.00K	USD	2 Qtrs
Development expenseaffiliate	`ResearchAndDevelopmentExpenseRelatedParties`	$365.00K	USD	1 Quarter
Development expenseaffiliate	`ResearchAndDevelopmentExpenseRelatedParties`	$958.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$3.20M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.06M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$1.43M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$3.80M	USD	2 Qtrs
General and administrative expenseaffiliate	`GeneralAndAdministrativeExpenseRelatedParties`	$10.02M	USD	2 Qtrs
General and administrative expenseaffiliate	`GeneralAndAdministrativeExpenseRelatedParties`	$5.14M	USD	1 Quarter
General and administrative expenseaffiliate	`GeneralAndAdministrativeExpenseRelatedParties`	$10.41M	USD	2 Qtrs
General and administrative expenseaffiliate	`GeneralAndAdministrativeExpenseRelatedParties`	$4.96M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$70.00M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$27.79M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$36.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$56.83M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$36.93M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$101.98M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$78.06M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$203.71M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$43.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$86.80M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$43.65M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$87.12M	USD	2 Qtrs
Derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-448.00K	USD	1 Quarter
Derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-44.00K	USD	1 Quarter
Derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$461.00K	USD	2 Qtrs
Derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-448.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$145.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$86.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$47.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$108.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-86.52M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-43.61M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-87.14M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-43.80M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$58.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.08M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$117.19M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.87M	USD	1 Quarter
Basic and Diluted Net Income Per Common Unit	`EarningsPerShareBasic`	$0.85	USD	2 Qtrs
Basic and Diluted Net Income Per Common Unit	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Basic and Diluted Net Income Per Common Unit	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Basic and Diluted Net Income Per Common Unit	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Weighted Average Number of Common Units Basic and Diluted	`WeightedAverageNumberOfCommonUnitsBasicAndDiluted`	26.42M	shares	2 Qtrs
Weighted Average Number of Common Units Basic and Diluted	`WeightedAverageNumberOfCommonUnitsBasicAndDiluted`	26.59M	shares	2 Qtrs
Weighted Average Number of Common Units Basic and Diluted	`WeightedAverageNumberOfCommonUnitsBasicAndDiluted`	26.75M	shares	1 Quarter
Weighted Average Number of Common Units Basic and Diluted	`WeightedAverageNumberOfCommonUnitsBasicAndDiluted`	26.42M	shares	1 Quarter

Cash Flow Statement 52 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$58.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.08M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$117.19M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.87M	USD	1 Quarter
Depreciation	`Depreciation`	$21.48M	USD	2 Qtrs
Depreciation	`Depreciation`	$21.12M	USD	2 Qtrs
Non-cash derivative loss	`UnrealizedGainLossOnDerivatives`	$-331.00K	USD	2 Qtrs
Non-cash derivative loss	`UnrealizedGainLossOnDerivatives`	$-124.00K	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.65M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.17M	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.35M	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$2.35M	USD	2 Qtrs
Accounts and interest receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-1.17M	USD	2 Qtrs
Accounts and interest receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-339.00K	USD	2 Qtrs
Accounts receivableaffiliate	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-3.59M	USD	2 Qtrs
Accounts receivableaffiliate	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-553.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.30M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.67M	USD	2 Qtrs
Accounts payable and accrued liabilitiesaffiliate	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-811.00K	USD	2 Qtrs
Accounts payable and accrued liabilitiesaffiliate	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$-894.00K	USD	2 Qtrs
Advances to affiliate	`PaymentsForAdvanceToAffiliate`	$-3.29M	USD	2 Qtrs
Advances to affiliate	`PaymentsForAdvanceToAffiliate`	$-4.47M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-2.23M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-2.09M	USD	2 Qtrs
Deferred revenueaffiliate	`IncreaseDecreaseInDeferredRevenueRelatedParties`	$62.83M	USD	2 Qtrs
Deferred revenueaffiliate	`IncreaseDecreaseInDeferredRevenueRelatedParties`	-	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingAssets`	$312.00K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherOperatingAssets`	$2.54M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$21.36M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.42M	USD	2 Qtrs
LNG terminal construction-in-process, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.49M	USD	2 Qtrs
LNG terminal construction-in-process, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.39M	USD	2 Qtrs
Advances under long-term contracts	`PaymentsForProceedsFromOtherInvestingActivities`	$115.00K	USD	2 Qtrs
Advances under long-term contracts	`PaymentsForProceedsFromOtherInvestingActivities`	$58.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.55M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfCapitalDistribution`	$23.02M	USD	2 Qtrs
Distributions to unitholders	`PaymentsOfCapitalDistribution`	$140.34M	USD	2 Qtrs
Proceeds from sale of common units	`ProceedsFromIssuanceOrSaleOfEquity`	$9.15M	USD	2 Qtrs
Proceeds from sale of common units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-140.34M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.87M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-57.46M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.98M	USD	2 Qtrs
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$60.08M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$117.54M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$53.35M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$55.33M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$60.08M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$117.54M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$53.35M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$55.33M	USD	Point-in-time

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital Beginning of Period	`PartnersCapital`	$-558.96M	USD	Point-in-time
Partners' Capital Beginning of Period	`PartnersCapital`	$-536.01M	USD	Point-in-time
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$58.37M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-9.08M	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$117.19M	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-6.87M	USD	1 Quarter
Partners' Capital Account, Sale of Units	`PartnersCapitalAccountSaleOfUnits`	$9.15M	USD	2 Qtrs
Partners' Capital Account, Distributions	`PartnersCapitalAccountDistributions`	$-23.02M	USD	2 Qtrs
Partners' Capital End of Period	`PartnersCapital`	$-558.96M	USD	Point-in-time
Partners' Capital End of Period	`PartnersCapital`	$-536.01M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.