| Additional Cash Flow Information |
NOTE 16 — ADDITIONAL CASH FLOW INFORMATION
The following table provides information regarding the net changes in working capital (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2020 |
|
2019 |
| Accounts receivable |
$ |
1,991 |
|
|
$ |
(3,374) |
|
| Prepaid expenses and other current assets |
6,995 |
|
|
1,653 |
|
| Accounts payable |
(25) |
|
|
(4,192) |
|
| Accounts payable due to related parties (Note 7) |
1,360 |
|
|
— |
|
| Accrued liabilities |
3,155 |
|
|
18,379 |
|
| Other, net |
(1,748) |
|
|
(1,950) |
|
| Net changes in working capital |
$ |
11,728 |
|
|
$ |
10,516 |
|
The following table provides supplemental disclosure of cash flow information (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2020 |
|
2019 |
| Non-cash accruals of property, plant and equipment and other non-current assets |
$ |
7,955 |
|
|
$ |
7,875 |
|
| Non-cash settlement of Final Payment Fee (Note 9) |
8,539 |
|
|
— |
|
| Future proceeds from sale of Magellan Petroleum UK |
— |
|
|
4,940 |
|
| Tradable equity securities |
— |
|
|
3,705 |
|
| Non-cash settlement of withholding taxes associated with the 2019 and 2018 bonus and vesting of certain awards, respectively |
878 |
|
|
6,686 |
|
| Non-cash settlement of the 2019 and 2018 bonus, respectively |
4,344 |
|
|
18,396 |
|
The statement of cash flows for the nine months ended September 30, 2020, reflects approximately $78.5 million and $2.1 million in non-cash movements related to the 2019 Term Loan and the Replacement Warrant, respectively.
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Condensed Consolidated Balance Sheets that sum to the total of such amounts shown in the Condensed Consolidated Statements of Cash Flows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended September 30, |
|
2020 |
|
2019 |
| Cash and cash equivalents |
$ |
77,947 |
|
|
$ |
91,057 |
|
| Non-current restricted cash |
3,441 |
|
|
4,300 |
|
| Total cash, cash equivalents and restricted cash shown in the statements of cash flows |
$ |
81,388 |
|
|
$ |
95,357 |
|
|