Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in thousands) 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q2 YTD 10-Q 6/30/2019 USD
Document Name As Of Date Currency Code 2015 Y 10-K 12/31/2015 USD 2016 Y 10-K 12/31/2016 USD 2017 Y 10-K 12/31/2017 USD 2018 Y 10-Q 12/31/2018 USD 2019 Q2 YTD 10-Q 6/30/2019 USD

ASSETS

Current assets

Cash and cash equivalents 169,559 88,900 27,008 19,744 17,473
Receivable under the Investment Management Agreement-Westlake Chemical Corporation ("Westlake") NA 0 136,510 148,956 141,327
Accounts receivable, net-Westlake 39,655 126,977 43,884 57,280 38,995
Accounts receivable, net-third parties 11,927 12,085 18,083 16,404 20,435
Inventories 3,879 3,934 5,590 4,388 4,029
Prepaid expenses and other current assets 267 269 314 370 95
Total current assets 225,287 232,165 231,389 247,142 222,354
Property, plant and equipment, net 1,020,469 1,222,238 1,196,245 1,148,265 1,129,083
Goodwill 5,814 5,814 5,814 5,814 5,814
Deferred charges and other assets, net 38,779 95,011 81,828 60,904 53,653
Total other assets, net 44,593 NA NA NA NA
Total assets 1,290,349 1,555,228 1,515,276 1,462,125 1,410,904

LIABILITIES

Current liabilities

Accounts payable-Westlake 15,550 12,130 14,027 27,477 9,996
Accounts payable-third parties 18,737 9,930 10,516 5,045 8,030
Accrued and other liabilities 23,407 15,717 15,697 16,250 18,287
Total current liabilities 57,694 37,777 40,240 48,772 36,313
Long-term debt payable to Westlake 384,006 594,629 473,960 477,608 399,674
Deferred income taxes 1,392 1,736 2,220 1,664 1,693
Other liabilities 90 123 107 NA NA
Operating lease liabilities NA NA NA 0 1,110
Total liabilities 443,182 634,265 516,527 528,044 438,790

EQUITY

Common unitholders-publicly and privately held 294,565 297,367 411,228 409,608 471,944
Common unitholder-Westlake 4,502 4,813 50,265 48,774 48,419
Subordinated unitholder-Westlake 39,786 42,534 NA NA NA
General partner-Westlake (242,572) (242,430) (241,958) (242,572) (242,572)
Accumulated other comprehensive income 280 200 279 NA NA
Total Westlake Chemical Partners LP partners' capital 96,561 102,484 219,814 215,810 277,791
Noncontrolling interest in Westlake Chemical OpCo LP ("OpCo") 750,606 818,479 778,935 718,271 694,323
Total equity 847,167 920,963 998,749 934,081 972,114
Total liabilities and equity 1,290,349 1,555,228 1,515,276 1,462,125 1,410,904
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.