|
|
|
|
1994 SECOND QUARTER REPORT
Consolidated Statements of Cash Flows
(Unaudited)
(In Thousands)
|
Periods Ended June 30, |
|
|
|
1994 |
1993 |
| Cash Flows from Operating Activities: |
| Net income |
$ 1,954 |
$2,209 |
| Non-cash
revenue and expense items |
3,560 |
1,500 |
| Net change in
operating assets and liabilities |
(578) |
(478) |
|
------------- |
------------- |
| Net
Cash Provided by Operating Activities |
4,936 |
3,231 |
|
------------- |
------------- |
| Cash Flows from Investing Activities: |
| Additions to
property and equipment |
(14,000) |
(7,502) |
| Net cash
received (distributed) as operator |
|
|
|
of oil and gas properties |
(2,498) |
(3,585) |
| Property
acquisition costs (incurred on behalf of) |
|
|
| reimbursed
by partnerships and joint ventures |
(20,710) |
(15,225) |
| Limited
partnership formation and marketing costs |
(241) |
--- |
| Prepaid
drilling costs |
1,226 |
--- |
| Other |
(28) |
(16) |
|
------------- |
------------- |
| Net
Cash Used in Investing Activities |
(36,251) |
(26,328) |
|
------------- |
------------- |
| Cash Flows from Financing Activities: |
| Proceeds from
long-term debt |
--- |
28,750 |
| Net proceeds
from short-term bank borrowings |
30,530 |
8,000 |
| Net proceeds
from issuance of common stock |
555 |
204 |
| Payments of debt
issuance costs |
--- |
(1,331) |
|
------------- |
------------- |
| Net
Cash Provided by Financing Activities |
31,085 |
35,623 |
|
------------- |
------------- |
| Net Increase (Decrease) in Cash and Cash Equivalents |
$(230) |
$12,526 |
| Cash and Cash Equivalents at Beginning of Period |
636 |
1,317 |
|
------------- |
------------- |
| Cash and Cash Equivalents at End of Period |
$406 |
$13,843 |
|
------------- |
------------- |
This page was last updated on Saturday, February 08, 2003, at 07:45:43 PM.
Copyright © 1994-2008 by Swift Energy Company.
Click here to go to our home page or search
page.
Please note the terms of use for
the Swift Energy web site.
If you have comments or questions, see our feedback or
requests pages.
Contact Swift Energy Company Stockholder Relations through e-mail info@swiftenergy.com
or telephone (281) 874-2700.
|
