NOTE 20. CASH FLOW STATEMENT INFORMATION
The following tables provide supplemental information:
---------------------------------------------------------------------------- For the three months ended For the year ended December 31, December 31,---------------------------------------------------------------------------- 2012 2011 2012 2011----------------------------------------------------------------------------Decrease (increase) in accounts and other receivables 10,514 11,787 (16,059) (31,794)(Increase) decrease in inventories (4,121) 494 (12,170) (4,308)Decrease (increase) in prepaid expenses and other 2,050 4,084 (4,557) 1,447Increase in accounts payable and accrued liabilities 26,493 10,065 31,414 20,281(Decrease) increase in accounts payable and accrued liabilities related to purchases of property, plant and equipment (8,164) 1,319 (14,511) (482)----------------------------------------------------------------------------Total decrease (increase) in non-cash working capital 26,772 27,749 (15,883) (14,856)------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ For the three months ended For the year ended December 31, December 31,---------------------------------------------------------------------------- 2012 2011 2011 2011----------------------------------------------------------------------------Additions to property, plant and equipment during the year (56,780) (45,467) (172,180) (117,625)Increase (decrease) in accounts payable and accrued liabilities related to purchases of property, plant and equipment 8,164 (1,319) 14,511 482----------------------------------------------------------------------------Total cash additions to property, plant and equipment (48,616) (46,786) (157,669) (117,143)----------------------------------------------------------------------------
NOTE 21. SEGMENTED INFORMATION
Onsite and Facilities constitute our two reportable segments. The reportable segments are distinct strategic business units whose operating results are regularly reviewed by the Corporation's executive officers in order to assess financial performance and make resource allocation decisions. The reportable segments have separate operating management and operate in distinct competitive and regulatory environments. The Facilities segment includes the processing of industrial and oilfield-generated wastes including collection, treatment, and disposal; clean oil terminalling; custom treating; the sale of recovered crude oil for our account; oil recycling; and lead battery recycling. The Onsite segment involves the mobilization of equipment and staff to process waste at our customer sites, including the processing of oilfield-generated wastes, the sale of recovered crude oil; industrial cleaning; site remediation; dredging and dewatering; and drill site processing including solids control and drill cuttings management.
As at and for the three months ended December 31, 2012 Unallocated Consolidated Facilities Onsite (2) Total----------------------------------------------------------------------------Revenue 122,899 75,546 - 198,445Cost of sales (1) 101,189 58,219 - 159,408----------------------------------------------------------------------------Gross profit 21,710 17,327 - 39,037Selling, general and administrative(2) - - 28,489 28,489Research and development - - 480 480Net financing charges - - 5,238 5,238----------------------------------------------------------------------------Earnings before taxes 21,710 17,327 (34,207) 4,830----------------------------------------------------------------------------Property, plant and equipment expenditures 26,404 18,538 12,458 57,400----------------------------------------------------------------------------Goodwill 46,209 56,406 - 102,615----------------------------------------------------------------------------Total assets 783,290 432,811 102,657 1,318,758----------------------------------------------------------------------------Total liabilities 255,577 40,032 381,709 677,318---------------------------------------------------------------------------- As at and for the three months ended December 31, 2011 Unallocated Consolidated Facilities Onsite (2) Total----------------------------------------------------------------------------Revenue 124,234 59,855 - 184,089Cost of sales (1) 97,930 43,419 - 141,349----------------------------------------------------------------------------Gross profit 26,304 16,436 - 42,740Selling, general and administrative(2) - - 25,187 25,187Research and development - - 439 439Net financing charges - - 8,505 8,505----------------------------------------------------------------------------Earnings before taxes 26,304 16,436 (34,131) 8,609----------------------------------------------------------------------------Property, plant and equipment expenditures 18,928 20,961 5,400 45,289----------------------------------------------------------------------------Goodwill 46,209 56,688 - 102,897----------------------------------------------------------------------------Total assets 718,748 349,083 97,190 1,165,021----------------------------------------------------------------------------Total liabilities 164,997 127,874 330,229 623,100----------------------------------------------------------------------------(1) Cost of sales includes net amortization of $14,271 for Q4 2012 (Facilities $9,006 and Onsite $5,265) and $13,577 for Q4 2011 (Facilities $9,221 and Onsite $4,356).(2) Selling, general and administrative includes amortization of $3,526 for Q4 2012 and $2,824 for Q4 2011. As at and for the year ended December 31, 2012 Unallocated Facilities Onsite (2)Consolidated----------------------------------------------------------------------------Revenue 446,217 279,992 - 726,209Cost of sales (1) 346,176 210,275 - 556,451----------------------------------------------------------------------------Gross profit 100,041 69,717 - 169,758Selling, general and administrative(2) - - 100,031 100,031Research and development - - 2,358 2,358Net financing charges - - 13,357 13,357----------------------------------------------------------------------------Earnings before taxes 100,041 69,717 (115,746) 54,012----------------------------------------------------------------------------Property, plant and equipment expenditures 65,192 76,230 30,918 172,340----------------------------------------------------------------------------Goodwill 46,209 56,406 - 102,615----------------------------------------------------------------------------Total assets 783,290 432,811 102,657 1,318,758----------------------------------------------------------------------------Total liabilities 255,577 40,032 381,709 677,318---------------------------------------------------------------------------- As at and for the year ended December 31, 2011 Unallocated Facilities Onsite (2)Consolidated----------------------------------------------------------------------------Revenue 463,606 219,222 - 682,828Cost of sales (1) 356,820 160,499 - 517,319----------------------------------------------------------------------------Gross profit 106,786 58,723 - 165,509Selling, general and administrative(2) - - 87,232 87,232Research and development - - 2,337 2,337Net financing charges - - 28,191 28,191----------------------------------------------------------------------------Earnings before taxes 106,786 58,723 (117,760) 47,749----------------------------------------------------------------------------Property, plant and equipment expenditures 54,173 49,375 14,132 117,680----------------------------------------------------------------------------Goodwill 46,209 56,688 - 102,897----------------------------------------------------------------------------Total assets 718,748 349,083 97,190 1,165,021----------------------------------------------------------------------------Total liabilities 164,997 127,874 330,229 623,100--------------------------------------------------------------------------------------------------------------------------------------------------------(1) Cost of sales includes amortization of $49,024 (Facilities $32,019 and Onsite $17,005) and $51,576 for 2011 (Facilities $36,346 and Onsite $15,230).(2) Selling, general and administrative includes amortization of $13,485 for 2012 and $11,280 for 2011.
NOTE 22. PRIOR YEAR INFORMATION
Deferred revenue, which was previously grouped with accounts payable and accrued liabilities, is now presented separately.
Contacts:
Newalta Corporation
Anne M. Plasterer
Executive Director, Investor Relations
(403) 806-7019
