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
                               DECEMBER 31, 2003
 

<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....  $   30,425      $   --        $       --     $        --     $   30,425
  Accounts receivable, net.....
     Trade.....................          --         113           106,157              --        106,270
     Affiliates................     746,126       3,541            41,606        (743,308)        47,965
  Affiliated note receivable...          --       3,713                55              --          3,768
  Other current assets.........       3,573          --            17,022              --         20,595
                                 ----------      ------        ----------     -----------     ----------
          Total current
            assets.............     780,124       7,367           164,840        (743,308)       209,023
Property, plant and equipment,
  net..........................       8,039         431         2,886,022              --      2,894,492
Intangible assets..............          --          --             3,401              --          3,401
Investment in unconsolidated
  affiliates...................          --          --           175,747              --        175,747
Investment in consolidated
  affiliates...................   2,108,104          --               622      (2,108,726)            --
Other noncurrent assets........     199,761          --             9,155        (169,999)        38,917
                                 ----------      ------        ----------     -----------     ----------
          Total assets.........  $3,096,028      $7,798        $3,239,787     $(3,022,033)    $3,321,580
                                 ==========      ======        ==========     ===========     ==========
Current liabilities
  Accounts payable.............
     Trade.....................  $       --      $   22        $  129,241     $        --     $  129,263
     Affiliates................      10,691       3,499           767,988        (743,308)        38,870
  Accrued interest.............      10,930          --               269              --         11,199
  Current maturities of senior
     secured term loan.........       3,000          --                --              --          3,000
  Other current liabilities....       2,601           1            24,433              --         27,035
                                 ----------      ------        ----------     -----------     ----------
          Total current
            liabilities........      27,222       3,522           921,931        (743,308)       209,367
Revolving credit facility......     382,000          --                --              --        382,000
Senior secured term loan, less
  current maturities...........     297,000          --                --              --        297,000
Long-term debt.................   1,129,807          --                --              --      1,129,807
Other noncurrent liabilities...       7,413          --           211,629        (169,999)        49,043
Minority interest..............          --       1,777                --              --          1,777
Partners' capital..............   1,252,586       2,499         2,106,227      (2,108,726)     1,252,586
                                 ----------      ------        ----------     -----------     ----------
          Total liabilities and
            partners'
            capital............  $3,096,028      $7,798        $3,239,787     $(3,022,033)    $3,321,580
                                 ==========      ======        ==========     ===========     ==========
</Table>

 
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