XML 42 R29.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Financial Information of Registrant
12 Months Ended
Sep. 30, 2021
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]  
Condensed Financial Information of Registrant

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

September 30,

 

(in thousands)

 

2021

 

 

2020

 

Balance Sheets

 

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

45

 

 

$

45

 

Prepaid expenses and other current assets

 

 

353

 

 

 

313

 

Total current assets

 

 

398

 

 

 

358

 

Investment in subsidiaries (a)

 

 

277,817

 

 

 

255,465

 

Total Assets

 

$

278,215

 

 

$

255,823

 

LIABILITIES AND PARTNERS’ CAPITAL

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

Accrued expenses

 

$

11

 

 

$

3

 

Total current liabilities

 

 

11

 

 

 

3

 

Partners’ capital

 

 

278,204

 

 

 

255,820

 

Total Liabilities and Partners’ Capital

 

$

278,215

 

 

$

255,823

 

 

(a)

Investments in Star Acquisitions, Inc. and subsidiaries are recorded in accordance with the equity method of accounting.

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

Years Ended September 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Statements of Operations

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

 

 

$

 

 

$

 

General and administrative expenses

 

 

1,602

 

 

 

1,327

 

 

 

1,377

 

Operating loss

 

 

(1,602

)

 

 

(1,327

)

 

 

(1,377

)

Net loss before equity income

 

 

(1,602

)

 

 

(1,327

)

 

 

(1,377

)

Equity income of Star Acquisitions Inc. and subs

 

 

89,339

 

 

 

57,245

 

 

 

19,014

 

Net income

 

$

87,737

 

 

$

55,918

 

 

$

17,637

 

 

 

Schedule I

STAR GROUP, L.P. (PARENT COMPANY)

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

 

 

 

Years Ended September 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2019

 

Statements of Cash Flows

 

 

 

 

 

 

 

 

 

 

 

 

Cash flows provided by operating activities:

 

 

 

 

 

 

 

 

 

 

 

 

Net cash provided by operating activities (a)

 

$

66,272

 

 

$

62,877

 

 

$

76,942

 

Cash flows provided by investing activities:

 

 

 

 

 

 

 

 

 

 

 

 

Net cash provided by investing activities

 

 

 

 

 

 

 

 

 

Cash flows used in financing activities:

 

 

 

 

 

 

 

 

 

 

 

 

Distributions

 

 

(23,448

)

 

 

(24,451

)

 

 

(25,593

)

Unit repurchase

 

 

(42,824

)

 

 

(38,431

)

 

 

(51,353

)

Net cash used in financing activities

 

 

(66,272

)

 

 

(62,882

)

 

 

(76,946

)

Net decrease in cash

 

 

 

 

 

(5

)

 

 

(4

)

Cash and cash equivalents at beginning of period

 

 

45

 

 

 

50

 

 

 

54

 

Cash and cash equivalents at end of period

 

$

45

 

 

$

45

 

 

$

50

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a) Includes distributions from subsidiaries

 

$

66,272

 

 

$

62,877

 

 

$

76,942

 

 

F-42