Enterprise Products Partners L.P.

SEC Filings

10-Q
GULFTERRA ENERGY PARTNERS L P filed this Form 10-Q on 08/09/2004
Entire Document
 
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                     CONDENSED CONSOLIDATING BALANCE SHEETS
                                 JUNE 30, 2004
 

<Table>
<Caption>
                                              NON-GUARANTOR    GUARANTOR     CONSOLIDATING   CONSOLIDATED
                                   ISSUER     SUBSIDIARIES    SUBSIDIARIES   ELIMINATIONS       TOTAL
                                 ----------   -------------   ------------   -------------   ------------
                                                              (IN THOUSANDS)
<S>                              <C>          <C>             <C>            <C>             <C>
Current assets
  Cash and cash equivalents....  $   33,445      $   --        $       --     $        --     $   33,445
  Accounts receivable, net
     Trade.....................          --          83           123,348              --        123,431
     Affiliates................     699,096         267            32,348        (693,728)        37,983
  Affiliated note receivable...          --       3,713                --              --          3,713
  Other current assets.........       4,022          --            17,648              --         21,670
                                 ----------      ------        ----------     -----------     ----------
     Total current assets......     736,563       4,063           173,344        (693,728)       220,242
Property, plant and equipment,
  net..........................       9,161         431         2,920,413              --      2,930,005
Intangible assets..............          --          --             3,177              --          3,177
Investment in unconsolidated
  affiliates...................          --          --           203,303              --        203,303
Investment in consolidated
  affiliates...................   2,246,481          --               781      (2,247,262)            --
Other noncurrent assets........     193,574          --             5,779        (169,999)        29,354
                                 ----------      ------        ----------     -----------     ----------
  Total assets.................  $3,185,779      $4,494        $3,306,797     $(3,110,989)    $3,386,081
                                 ==========      ======        ==========     ===========     ==========
Current liabilities
  Accounts payable
     Trade.....................  $       --      $   --        $  124,466     $        --     $  124,466
     Affiliates................      26,924          --           691,257        (693,728)        24,453
  Accrued interest.............       8,083          --                --              --          8,083
  Current maturities of senior
     secured term loans........       5,000          --                --              --          5,000
  Other current liabilities....       6,911          --            34,417              --         41,328
                                 ----------      ------        ----------     -----------     ----------
     Total current
       liabilities.............      46,918          --           850,140        (693,728)       203,330
Revolving credit facility......     462,000          --                --              --        462,000
Senior secured term loans, less
  current maturities...........     493,500          --                --              --        493,500
Long-term debt.................     923,016          --                --              --        923,016
Other noncurrent liabilities...          --          --           212,088        (169,999)        42,089
Minority interest..............          --       1,801                --              --          1,801
Partners' capital..............   1,260,345       2,693         2,244,569      (2,247,262)     1,260,345
                                 ----------      ------        ----------     -----------     ----------
  Total liabilities and
     partners' capital.........  $3,185,779      $4,494        $3,306,797     $(3,110,989)    $3,386,081
                                 ==========      ======        ==========     ===========     ==========
</Table>

 
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