Delek Logistics Partners LP
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
DKL$53.14+2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except unit and per unit data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $3,755 | $7,970 |
| Accounts receivable | 41,131 | 53,314 |
| Accounts receivable from related parties | 28,443 | — |
| Inventory | 2,264 | 1,483 |
| Other current assets | 676 | 2,463 |
| Total current assets | 76,269 | 65,230 |
| Property, plant and equipment: | ||
| Property, plant and equipment | 1,320,510 | 1,240,684 |
| Less: accumulated depreciation | (384,359) | (316,680) |
| Property, plant and equipment, net | 936,151 | 924,004 |
| Equity method investments | 241,337 | 257,022 |
| Customer relationship intangible, net | 181,336 | 199,440 |
| Marketing contract intangible, net | 102,155 | 109,366 |
| Rights-of-way, net | 59,536 | 55,990 |
| Goodwill | 12,203 | 27,051 |
| Operating lease right-of-use assets | 19,043 | 24,788 |
| Other non-current assets | 14,216 | 16,408 |
| Total assets | $1,642,246 | $1,679,299 |
| LIABILITIES AND DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $26,290 | $57,403 |
| Accounts payable to related parties | — | 6,055 |
| Current portion of long-term debt | 30,000 | 15,000 |
| Interest payable | 5,805 | 5,308 |
| Excise and other taxes payable | 10,321 | 8,230 |
| Current portion of operating lease liabilities | 6,697 | 8,020 |
| Accrued expenses and other current liabilities | 11,477 | 6,202 |
| Total current liabilities | 90,590 | 106,218 |
| Non-current liabilities: | ||
| Long-term debt, net of current portion | 1,673,789 | 1,646,567 |
| Operating lease liabilities, net of current portion | 8,335 | 12,114 |
| Asset retirement obligations | 10,038 | 9,333 |
| Other non-current liabilities | 21,363 | 15,767 |
| Total non-current liabilities | 1,713,525 | 1,683,781 |
| Equity (Deficit): | ||
| Common unitholders - public; 9,299,763 units issued and outstanding at December 31, 2023 (9,257,305 at December 31, 2022) | 160,402 | 172,119 |
| Common unitholders - Delek Holdings; 34,311,278 units issued and outstanding at December 31, 2023 (34,311,278 at December 31, 2022) | (322,271) | (282,819) |
| Total deficit | (161,869) | (110,700) |
| Total liabilities and deficit | $1,642,246 | $1,679,299 |
F-5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.