Swift Energy Company 1995 Second Quarter Report: Consolidated Statements of Cash Flows

1995 SECOND QUARTER REPORT

Consolidated Statements of Cash Flows

(Unaudited)
(In Thousands)

	Six Months
	Ended June 30,

	1995	1994
Cash Flows from Operating Activities:
Net income (loss)	$ 1,256	$(14,486)
Non-cash revenue and expense items	3,454	19,965
Net change in operating assets and liabilities	100	(543)
	-------------	-------------
Net Cash Provided by Operating Activities	4,810	4,936
	-------------	-------------
Cash Flows from Investing Activities:
Additions to property and equipment	(12,572)	(14,000)
Net cash received (distributed) as operator of oil and gas properties	(2,789)	(2,499)
Property acquisition costs (incurred on behalf of) reimbursed
by partnerships and joint ventures	6,819	(20,710)
Limited partnership formation and marketing costs	--	(241)
Prepaid drilling costs	(70)	1,226
Other	2	(27)
	-------------	-------------
Net Cash Used in Investing Activities	(8,610)	(36,251)
	-------------	-------------
Cash Flows from Financing Activities:
Net proceeds from short-term bank borrowings	4,071	30,530
Net proceeds from issuance of common stock	593	555
	-------------	-------------
Net Cash Provided by Financing Activities	4,664	31,085
	-------------	-------------
Net Increase in Cash and Cash Equivalents	$864	$(230)
Cash and Cash Equivalents at Beginning of Period	985	636
	-------------	-------------
Cash and Cash Equivalents at End of Period	$1,849	$406
	-------------	-------------

This page was last updated on Saturday, February 08, 2003, at 07:45:44 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.