Supplemental Guarantor Information (Tables)

3 Months Ended

Mar. 31, 2013

Consolidating Financials [Abstract]

Schedule of Condensed Balance Sheet [Table Text Block]

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2011
(in thousands)
					Non-		Consolidating
	Parent		Guarantor		Guarantor		Entries and
	Company		Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	366	$	3,503	$	8,560	$	—		$	12,429
Accounts receivable - affiliates	26,356		10,773		22,485		(59,614		)	—
Accounts receivable - trade	—		73,048		147,704		—			220,752
Inventories	—		182,125		261,937		—			444,062
Prepaid expenses and other current assets	—		20,678		34,029		—			54,707
Total current assets	26,722		290,127		474,715		(59,614		)	731,950
Investment in affiliates	1,667,938		808,130		—		(2,476,068		)	—
Property, plant and equipment	—		467,513		309,371		—			776,884
Deferred income taxes	—		3,827		7,931		(3,827		)	7,931
Goodwill	—		293,161		205,520		—			498,681
Notes receivable - affiliate	—		181,398		—		(181,398		)	—
Other assets	—		76,825		76,095		—			152,920
Total Assets	$	1,694,660	$	2,120,981	$	1,073,632	$	(2,720,907	)	$	2,168,366
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable - affiliate	$	507	$	48,842	$	10,265	$	(59,614	)	$	—
Accounts payable - trade	—		56,454		92,201		—			148,655
Short-term debt	—		7,666		6,502		—			14,168
Accrued income and other taxes	18,548		4,213		21,569		—			44,330
Supply chain financing liability	—		—		29,930		—			29,930
Other accrued liabilities	—		12,121		28,049		—			40,170
Total current liabilities	19,055		129,296		188,516		(59,614		)	277,253
Long-term debt - affiliate	169,656		—		11,742		(181,398		)	—
Long-term debt - third party	153,442		232,862		1,320		—			387,624
Other long-term obligations	—		90,885		40,415		—			131,300
Deferred income taxes	12,563		—		23,509		(3,827		)	32,245
Stockholders' equity	1,339,944		1,667,938		808,130		(2,476,068		)	1,339,944
Total Liabilities and Stockholders' Equity	$	1,694,660	$	2,120,981	$	1,073,632	$	(2,720,907	)	$	2,168,366

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2012
(in thousands)
					Non-		Consolidating
	Parent		Guarantor		Guarantor		Entries and
	Company		Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	4,425	$	12,892	—			$	17,317
Accounts receivable - affiliates	26,399		38,116		29,177		(93,692		)	—
Accounts receivable - trade	—		78,053		158,376		—			236,429
Inventories	—		159,217		353,848		—			513,065
Prepaid expenses and other current assets	—		13,681		42,509		—			56,190
Total current assets	26,399		293,492		596,802		(93,692		)	823,001
Investment in affiliates	1,728,316		868,063		—		(2,596,379		)	—
Property, plant and equipment	—		523,818		310,089		—			833,907
Deferred income taxes	—		—		6,157		—			6,157
Goodwill	—		293,162		205,099		—			498,261
Notes receivable - affiliate	66,869		22,413		—		(89,282		)	—
Other assets	5,218		65,269		66,102		—			136,589
Total Assets	$	1,826,802	$	2,066,217	$	1,184,249	$	(2,779,353	)	$	2,297,915
LIABILITIES AND STOCKHOLDER EQUITY
Current Liabilities:
Accounts payable - affiliate	$	—	$	55,349	$	38,343	$	(93,692	)	$	—
Accounts payable - trade	273		33,126		94,721		—			128,120
Short-term debt	—		171		8,255		—			8,426
Accrued income and other taxes	597		3,948		26,378		—			30,923
Supply chain financing liability	—		—		26,962		—			26,962
Other accrued liabilities	2,178		15,597		33,178		—			50,953
Total current liabilities	3,048		108,191		227,837		(93,692		)	245,384
Long-term debt - affiliate	—		66,869		22,413		(89,282		)	—
Long-term debt - third party	464,183		70,190		1,336		—			535,709
Other long-term obligations	—		86,026		38,979		—			125,005
Deferred income taxes	9,720		6,625		25,621		—			41,966
Stockholders' equity	1,349,851		1,728,316		868,063		(2,596,379		)	1,349,851
Total Liabilities and Stockholders' Equity	$	1,826,802	$	2,066,217	$	1,184,249	$	(2,779,353	)	$	2,297,915

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
As of December 31, 2012
(in thousands)
					Non-		Consolidating
	Parent		Guarantor		Guarantor		Entries and
	Company		Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	4,425	$	12,892	—			$	17,317
Accounts receivable - affiliates	26,399		38,116		29,177		(93,692		)	—
Accounts receivable - trade	—		78,053		158,376		—			236,429
Inventories	—		159,217		353,848		—			513,065
Prepaid expenses and other current assets	—		13,681		42,509		—			56,190
Total current assets	26,399		293,492		596,802		(93,692		)	823,001
Investment in affiliates	1,728,316		868,063		—		(2,596,379		)	—
Property, plant and equipment	—		523,818		310,089		—			833,907
Deferred income taxes	—		—		6,157		—			6,157
Goodwill	—		293,162		205,099		—			498,261
Notes receivable - affiliate	66,869		22,413		—		(89,282		)	—
Other assets	5,218		65,269		66,102		—			136,589
Total Assets	$	1,826,802	$	2,066,217	$	1,184,249	$	(2,779,353	)	$	2,297,915
LIABILITIES AND STOCKHOLDER EQUITY
Current Liabilities:
Accounts payable - affiliate	$	—	$	55,349	$	38,343	$	(93,692	)	$	—
Accounts payable - trade	273		33,126		94,721		—			128,120
Short-term debt	—		171		8,255		—			8,426
Accrued income and other taxes	597		3,948		26,378		—			30,923
Supply chain financing liability	—		—		26,962		—			26,962
Other accrued liabilities	2,178		15,597		33,178		—			50,953
Total current liabilities	3,048		108,191		227,837		(93,692		)	245,384
Long-term debt - affiliate	—		66,869		22,413		(89,282		)	—
Long-term debt - third party	464,183		70,190		1,336		—			535,709
Other long-term obligations	—		86,026		38,979		—			125,005
Deferred income taxes	9,720		6,625		25,621		—			41,966
Stockholders' equity	1,349,851		1,728,316		868,063		(2,596,379		)	1,349,851
Total Liabilities and Stockholders' Equity	$	1,826,802	$	2,066,217	$	1,184,249	$	(2,779,353	)	$	2,297,915

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING BALANCE SHEETS
As of March 31, 2013
(in thousands)
				Non-		Consolidating
	Parent	Guarantor		Guarantor		Entries and
	Company	Subsidiaries		Subsidiaries		Eliminations			Consolidated
ASSETS
Current Assets:
Cash and cash equivalents	—	$	3,283	$	8,021	—			$	11,304
Accounts receivable - affiliates	30,662	33,770		22,927		(87,359		)	—
Accounts receivable - trade	—	55,291		133,470		—			188,761
Inventories	—	181,343		356,879		—			538,222
Prepaid expenses and other current assets	—	16,000		42,087		—			58,087
Total current assets	30,662	289,687		563,384		(87,359		)	796,374
Investment in affiliates	1,734,660	872,806		—		(2,607,466		)	—
Property, plant and equipment	—	527,251		304,452		—			831,703
Deferred income taxes	—	—		5,876		—			5,876
Goodwill	—	293,162		204,519		—			497,681
Notes receivable - affiliate	66,929	22,414		—		(89,343		)	—
Other assets	5,132	62,093		63,288		—			130,513
Total Assets	1,837,383	2,067,413		1,141,519		(2,784,168		)	2,262,147
LIABILITIES AND STOCKHOLDER EQUITY
Current Liabilities:
Accounts payable - affiliate	—	$	53,596	$	33,763	$	(87,359	)	—
Accounts payable - trade	12	31,600		62,825		—			94,437
Short-term debt	—	173		1,929		—			2,102
Accrued income and other taxes	—	2,987		25,695		—			28,682
Supply chain financing liability	—	—		12,659		—			12,659
Other accrued liabilities	6,959	22,493		29,332		—			58,784
Total current liabilities	6,971	110,849		166,203		(87,359		)	196,664
Long-term debt - affiliate	—	66,929		22,414		(89,343		)	—
Long-term debt - third party	466,983	63,646		21,257		—			551,886
Other long-term obligations	—	84,829		36,758		—			121,587
Deferred income taxes	9,720	6,500		22,081		—			38,301
Stockholders' equity	1,353,709	1,734,660		872,806		(2,607,466		)	1,353,709
Total Liabilities and Stockholders' Equity	1,837,383	2,067,413		1,141,519		(2,784,168		)	2,262,147

Schedule of Condensed Income Statement [Table Text Block]

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the year ended December 31, 2010
(in thousands)
						Non-			Consolidating
	Parent		Guarantor			Guarantor			Entries and
	Company		Subsidiaries			Subsidiaries			Eliminations			Consolidated
Sales - affiliates	—		$	24,026		$	129,972		$	(153,998	)	—
Sales - third party	—		307,278			699,715			—			1,006,993
Net sales	—		331,304			829,687			(153,998		)	1,006,993
Cost of sales	—		260,070			611,670			(153,998		)	717,742
Gross profit	—		71,234			218,017			—			289,251
Research and development	—		12,202			—			—			12,202
Selling and administrative expenses	—		38,251			80,758			—			119,009
Operating income	—		20,781			137,259			—			158,040
Equity in earnings of, and gain    recorded on acquisition of,    non-consolidated affiliate	—		(14,500		)	—			—			(14,500	)
Other (income) expense, net	—		(4,287		)	(481		)	—			(4,768	)
Interest expense - affiliate	—		4,701			—			(4,701		)	—
Interest expense - third party	806		2,166			2,104			—			5,076
Interest income - affiliate	—		—			(4,701		)	4,701			—
Interest income - third party	—		(188		)	(1,145		)	—			(1,333	)
Income before income taxes	(806	)	32,889			141,482			—			173,565
(Benefit) provision for income taxes	(292	)	(22,768		)	21,965			—			(1,095	)
Equity in earnings of subsidiary	175,174		119,517			—			(294,691		)	—
Net income	174,660		175,174			119,517			(294,691		)	174,660
Statements of Comprehensive Income
Net income	174,660		175,174			119,517			(294,691		)	174,660
Other comprehensive income:
Foreign currency translation	(5,866	)	—			(5,866		)	5,866			(5,866	)
Commodities and foreign     currency derivatives	2,353		265			2,088			(2,353		)	2,353
Other Comprehensive income (loss)	(3,513	)	265			(3,778		)	3,513			(3,513	)
Comprehensive income (loss)	171,147		175,439			115,739			(291,178		)	171,147

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the year ended December 31, 2011
(in thousands)
							Non-			Consolidating
	Parent			Guarantor			Guarantor			Entries and
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Sales - affiliates	$	—		$	130,304		$	165,397		$	(295,701	)	$	—
Sales - third party	—			556,675			763,509			—			1,320,184
Net sales	—			686,979			928,906			(295,701		)	1,320,184
Cost of sales	—			545,334			746,005			(295,701		)	995,638
Gross profit	—			141,645			182,901			—			324,546
Research and development	—			13,797			179			—			13,976
Selling and administrative expenses	6			64,969			79,586			—			144,561
Operating income	(6		)	62,879			103,136			—			166,009
Other expense (income), net	40			5,568			(773		)	—			4,835
Interest expense - affiliate	4,631			9,221			—			(13,852		)	—
Interest expense - third party	10,038			5,678			2,591			—			18,307
Interest income - affiliate	—			(4,631		)	(9,221		)	13,852			—
Interest income - third party	—			—			(424		)	—			(424		)
Income before income taxes	(14,715		)	47,043			110,963			—			143,291
(Benefit) provision for income taxes	(5,751		)	(23,801		)	19,659			—			(9,893		)
Equity in earnings of subsidiary	162,148			91,304			—			(253,452		)	—
Net income	$	153,184		$	162,148		$	91,304		$	(253,452	)	$	153,184
Statements of Comprehensive Income
Net income	$	153,184		$	162,148		$	91,304		$	(253,452	)	$	153,184
Other comprehensive income:
Foreign currency translation	(32,202		)	—			(32,202		)	32,202			(32,202		)
Commodities and foreign     currency derivatives	6,023			3,761			2,262			(6,023		)	6,023
Other Comprehensive income (loss)	(26,179		)	3,761			(29,940		)	26,179			(26,179		)
Comprehensive income (loss)	$	127,005		$	165,909		$	61,364		$	(227,273	)	$	127,005

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the year ended December 31, 2012
(in thousands)
							Non-			Consolidating
	Parent			Guarantor			Guarantor			Entries and
	Company			Subsidiaries			Subsidiaries			Eliminations				Consolidated
Sales - affiliates	$	—		$	194,345		$	216,859		$	(411,204	)		$	—
Sales - third party	—			566,024			682,240			—				1,248,264
Net sales	—			760,369			899,099			(411,204		)		1,248,264
Cost of sales	—			638,419			705,245			(411,204		)		932,460
Gross profit	—			121,950			193,854			—				315,804
Research and development	—			13,796			—			—				13,796
Selling and administrative expenses	—			61,442			84,098			—				145,540
Operating income	—			46,712			109,756			—				156,468
Other (income) expense, net	—			(2,133		)	1,128			—				(1,005		)
Interest expense - affiliate	3,766			59			586			(4,411		)		—
Interest expense - third party	12,992			7,977			2,278			—				23,247
Interest income - affiliate	(59		)	(4,352		)	—			4,411				—
Interest income - third party	—			—			(261		)	—				(261		)
Income before income taxes	(16,699		)	45,161			106,025			—			`	134,487
(Benefit) provision for income taxes	(5,972		)	3,981			18,837			—				16,846
Equity in earnings of subsidiary	128,368			87,188			—			(215,556		)		—
Net income	$	117,641		$	128,368		$	87,188		$	(215,556	)		$	117,641
Statements of Comprehensive Income
Net income	$	117,641		$	128,368		$	87,188		$	(215,556	)		$	117,641
Other comprehensive income:
Foreign currency translation	(9,929		)	—			(9,929		)	9,929				(9,929		)
Commodities and foreign     currency derivatives	(8,812		)	(4,452		)	(4,360		)	8,812				(8,812		)
Other Comprehensive income (loss)	(18,741		)	(4,452		)	(14,289		)	18,741				(18,741		)
Comprehensive income (loss)	$	98,900		$	123,916		$	72,899		$	(196,815	)		$	98,900

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the three months ended March 31, 2012
(in thousands)
							Non-			Consolidating
	Parent			Guarantor			Guarantor			Entries and
	Company			Subsidiaries			Subsidiaries			Eliminations				Consolidated
Sales - affiliates	$	—		$	59,602		$	45,710		$	(105,312	)		$	—
Sales - third party	—			114,027			126,911			—				240,938
Net sales	—			173,629			172,621			(105,312		)		240,938
Cost of sales	—			139,464			139,855			(105,312		)		174,007
Gross profit	—			34,165			32,766			—				66,931
Research and development	—			4,199			—			—				4,199
Selling and administrative expenses	—			18,490			20,235			—				38,725
Operating income	—			11,476			12,531			—				24,007
Other (income) expense, net	—			(3,153		)	(270		)	—				(3,423		)
Interest expense - affiliate	828			—			—			(828		)		—
Interest expense - third party	2,617			1,769			376			—				4,762
Interest income - affiliate	—			(828		)	—			828				—
Interest income - third party	—			—			(81		)	—				(81		)
Income before income taxes	(3,445		)	13,688			12,506			—			`	22,749
Provision for income taxes	(1,223		)	4,451			1,992			—				5,220
Equity in earnings of subsidiary	19,751			10,514			—			(30,265		)		—
Net income	$	17,529		$	19,751		$	10,514		$	(30,265	)		$	17,529
Statements of Comprehensive Income
Net income	$	17,529		$	19,751		$	10,514		$	(30,265	)		$	17,529
Other comprehensive income:
Foreign currency translation	9,848			—			9,848			(9,848		)		9,848
Commodities and foreign     currency derivatives	1,680			2,326			(646		)	(1,680		)		1,680
Other Comprehensive income (loss)	11,528			2,326			9,202			(11,528		)		11,528
Comprehensive income (loss)	$	29,057		$	22,077		$	19,716		$	(41,793	)		$	29,057

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
For the three months ended March 31, 2013
(in thousands)
						Non-			Consolidating
	Parent		Guarantor			Guarantor			Entries and
	Company		Subsidiaries			Subsidiaries			Eliminations				Consolidated
Sales - affiliates	—		$	45,267		$	36,152		$	(81,419	)		—
Sales - third party	—		98,196			155,531			—				253,727
Net sales	—		143,463			191,683			(81,419		)		253,727
Cost of sales	—		122,826			163,770			(81,419		)		205,177
Gross profit	—		20,637			27,913			—				48,550
Research and development	—		3,093			—			—				3,093
Selling and administrative expenses	—		12,494			17,219			—				29,713
Operating income	—		5,050			10,694			—				15,744
Other (income) expense, net	—		43			507			—				550
Interest expense - affiliate	—		399			188			(587		)		—
Interest expense - third party	7,745		805			458			—				9,008
Interest income - affiliate	(364	)	(188		)	(35		)	587				—
Interest income - third party	—		—			(64		)	—				(64	)
Income before income taxes	(7,381	)	3,991			9,640			—			`	6,250
Provision (benefit) for income taxes	(2,620	)	1,443			3,217			—				2,040
Equity in earnings of subsidiary	8,971		6,423			—			(15,394		)		—
Net income	4,210		8,971			6,423			(15,394		)		4,210
Statements of Comprehensive Income
Net income	4,210		8,971			6,423			(15,394		)		4,210
Other comprehensive income:
Foreign currency translation	(7,309	)	—			(7,309		)	7,309				(7,309	)
Commodities and foreign     currency derivatives	3,533		575			2,958			(3,533		)		3,533
Other Comprehensive (loss) income	(3,776	)	575			(4,351		)	3,776				(3,776	)
Comprehensive income (loss)	434		9,546			2,072			(11,618		)		434

Schedule of Condensed Cash Flow Statement [Table Text Block]

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the year ended December 31, 2010
(in thousands)
								Non-			Consolidating
		Parent			Guarantor			Guarantor			Entries and
		Company			Subsidiaries			Subsidiaries			Eliminations		Consolidated
Net cash (used in) provided by     operating activities		$	(12,574	)	$	46,102		$	111,394		—		$	144,922
Cash flow from investing activities:
	(Loans to) repayments from affiliates	—			(250,414		)	(86,245		)	336,659		—
	Capital expenditures	—			(32,316		)	(53,733		)	—		(86,049		)
	Investment in and loan to non-    consolidated affiliate	—			6,000			—			—		6,000
	Proceeds from derivative instruments	—			(803		)	(306		)	—		(1,109		)
	Cash paid for acquisition	(241,204		)	—			—			—		(241,204		)
	Other	—			—			810			—		810
	Net cash (used in) provided by          investing activities	(241,204		)	(277,533		)	(139,474		)	336,659		(321,552		)
Cash flow from financing activities:
	Loans from (repayments to) affiliates	249,444			86,245			970			(336,659	)	—
	Short-term debt borrowings	—			(3		)	(847		)	—		(850		)
	Revolving Facility borrowings	—			165,000			—			—		165,000
	Revolving Facility reductions	—			(35,000		)	—			—		(35,000		)
	Principal payments on long term debt	—			—			(56		)	—		(56		)
	Supply chain financing	—			—			10,555			—		10,555
	Proceeds from exercise of stock options	3,901			—			—			—		3,901
	Purchase of treasury shares	(1,431		)	—			—			—		(1,431		)
	Revolver facility refinancing cost	—			(4,280		)	(315		)	—		(4,595		)
	Other	1,864			—			(1,148		)	—		716
	Net cash provided by provided          by financing activities	253,778			211,962			9,159			(336,659	)	138,240
Net (decrease) increase in cash and     cash equivalents		—			(19,469		)	(18,921		)	—		(38,390		)
Effect of exchange rate changes     on cash and cash equivalents		—			—			1,305			—		1,305
Cash and cash equivalents at     beginning of period		—			23,834			26,347			—		50,181
Cash and cash equivalents at end of period		—			$	4,365		$	8,731		—		$	13,096

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the year ended December 31, 2011
(in thousands)
							Non-			Consolidating
	Parent			Guarantor			Guarantor			Entries and
	Company			Subsidiaries			Subsidiaries			Eliminations		Consolidated
Net cash provided by (used in)    operating activities	$	130,522		$	99,596		$	(153,521	)	—		$	76,597
Cash flow from investing activities:
Repayments from (loans to) affiliates	—			75,459			152,972			(228,431	)	—
Capital expenditures	—			(100,648		)	(55,968		)	—		(156,616		)
Proceeds from derivative instruments	—			13,265			1,147			—		14,412
Cash paid for acquisition	(20,510		)	—			—			—		(20,510		)
Other							748			—		748
Net cash (used in) provided           by investing activities	(20,510		)	(11,924		)	98,899			(228,431	)	(161,966		)
Cash flow from financing activities:
(Repayments to) loans from affiliates	(79,788		)	(152,972		)	4,329			228,431		—
Short-term debt borrowings	—			7,510			6,506			—		14,016
Revolving Facility borrowings	—			444,000			140,000			—		584,000
Revolving Facility reductions	—			(382,000		)	(100,000		)	—		(482,000		)
Principal payments on long term debt	—			(168		)	(54		)	—		(222		)
Supply chain financing	—			—			4,970			—		4,970
Proceeds from exercise of stock options	2,028			—			—			—		2,028
Purchase of treasury shares	(30,940		)	—			—			—		(30,940		)
Revolver facility refinancing cost				(4,904		)	(84		)	—		(4,988		)
Other	(946		)				(457		)	—		(1,403		)
Net cash (used in) provided           by financing activities	(109,646		)	(88,534		)	55,210			228,431		85,461
Net increase (decrease) in cash    and cash equivalents	366			(862		)	588			—		92
Effect of exchange rate changes    in cash and cash equivalents	—			—			(759		)	—		(759		)
Cash and cash equivalents at    beginning of period	—			4,365			8,731			—		13,096
Cash and cash equivalents at end of period	$	366		$	3,503		$	8,560		—		$	12,429

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the year ended December 31, 2012
(in thousands)
								Non-			Consolidating
		Parent			Guarantor			Guarantor			Entries and
		Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net cash provided by (used in)     operating activities		$	44,361		$	85,973		$	23,066		$	(52,000	)	$	101,400
Cash flow from investing activities
	Repayments from (loans to) affiliates	(66,869		)	158,985			—			(92,116		)	—
	Capital expenditures	—			(91,183		)	(36,545		)	—			(127,728		)
	Proceeds from derivative instruments	—			3,166			4,406			—			7,572
	Other	—			—			194			—			194
	Net cash (used in) provided by          investing activities	(66,869		)	70,968			(31,945		)	(92,116		)	(119,962		)
Cash flow from financing activities:
	Loans from (repayments to) affiliates	(169,656		)	66,869			10,671			92,116			—
	Dividends to affiliates	—			(52,000		)	—			52,000			—
	Short-term debt borrowings	—			(7,493		)	1,755			—			(5,738		)
	Revolving Facility borrowings	—			292,000			133,000			—			425,000
	Revolving Facility reductions	—			(454,500		)	(133,000		)	—			(587,500		)
	Proceeds from long term debt	300,000			—			—			—			300,000
	Principal payments on long term debt	—			(171		)	(54		)	—			(225		)
	Supply chain financing	—			—			(2,967		)	—			(2,967		)
	Proceeds from exercise of stock options	157			—			—			—			157
	Purchase of treasury shares	(103,445		)	—			—			—			(103,445		)
	Refinancing fees and debt issuance costs	(5,018		)	(724		)	(643		)	—			(6,385		)
	Other	104			—			5,111			—			5,215
	Net cash provided by (used in)          financing activities	22,142			(156,019		)	13,873			144,116			24,112
Net (decrease) increase in cash and     cash equivalents		(366		)	922			4,994			—			5,550
Effect of exchange rate changes     on cash and cash equivalents		—			—			(662		)	—			(662		)
Cash and cash equivalents at     beginning of period		366			3,503			8,560			—			12,429
Cash and cash equivalents at end of period		$	—		$	4,425		$	12,892		$	—		$	17,317

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the three months ended March 31, 2012
(in thousands)
								Non-			Consolidating
		Parent			Guarantor			Guarantor			Entries and
		Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net cash (used in) provided by     operating activities		$	(5,217	)	$	8,206		$	(18,363	)	$	—		$	(15,374	)
Cash flow from investing activities:
	(Loans to) repayments from affiliates	—			(16,611		)	—			16,611			—
	Capital expenditures	—			(22,195		)	(9,229		)	—			(31,424		)
	Proceeds from derivative instruments	—			3,035			588			—			3,623
	Other	—			—			53			—			53
	Net cash (used in) provided         by investing activities	—			(35,771		)	(8,588		)	16,611			(27,748		)
Cash flow from financing activities:
	Loans from (repayments to) affiliates	5,940			—			10,671			(16,611		)	—
	Short-term debt borrowings	—			(196		)	(2,816		)	—			(3,012		)
	Revolving Facility borrowings	—			62,000			38,000			—			100,000
	Revolving Facility reductions	—			(34,000		)	(13,000		)	—			(47,000		)
	Principal payments on long term debt	—			(41		)	(56		)	—			(97		)
	Supply chain financing	—			—			(5,262		)	—			(5,262		)
	Proceeds from exercise of stock options	92			—			—			—			92
	Purchase of treasury shares	(1,185		)	—			—			—			(1,185		)
	Other	4			(55		)	(76		)	—			(127		)
	Net cash provided by (used in)          financing activities	4,851			27,708			27,461			(16,611		)	43,409
Net (decrease) increase in cash and     cash equivalents		(366		)	143			510			—			287
Effect of exchange rate changes     on cash and cash equivalents		—			—			101			—			101
Cash and cash equivalents at     beginning of period		366			3,503			8,560			—			12,429
Cash and cash equivalents at end of period		$	—		$	3,646		$	9,171		$	—		$	12,817

GRAFTECH INTERNATIONAL LTD. AND SUBSIDIARIES
CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS
For the three months ended March 31, 2013
(in thousands)
							Non-			Consolidating
	Parent			Guarantor			Guarantor			Entries and
	Company			Subsidiaries			Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	455		$	14,863		$	2,681		$	—		$	17,999
Cash flow from investing activities
(Loans to) repayments from affiliates	(60		)	—			—			60			—
Capital expenditures	—			(10,003		)	(3,153		)	—			(13,156		)
Proceeds from derivative instruments	—			495			1,686			—			2,181
Net (used in) cash provided by          investing activities	(60		)	(9,508		)	(1,467		)	60			(10,975		)
Cash flow from financing activities:
Loans from (repayments to) affiliates	—			60			—			(60		)	—
Short-term debt borrowings	—			2			(6,326		)	—			(6,324		)
Revolving Facility borrowings	—			26,000			40,000			—			66,000
Revolving Facility reductions	—			(32,500		)	(20,000		)	—			(52,500		)
Principal payments on long term debt	—			(44		)	(55		)	—			(99		)
Supply chain financing	—			—			(14,304		)	—			(14,304		)
Proceeds from exercise of stock options	132			—			—			—			132
Purchase of treasury shares	(181		)	—			—			—			(181		)
Other	(346		)	(15		)	(5,286		)	—			(5,647		)
Net cash (used in) provided by          financing activities	(395		)	(6,497		)	(5,971		)	(60		)	(12,923		)
Net (decrease) increase in cash    and cash equivalents	—			(1,142		)	(4,757		)	—			(5,899		)
Effect of exchange rate changes    in cash and cash equivalents	—			—			(114		)	—			(114		)
Cash and cash equivalents at    beginning of period	—			4,425			12,892			—			17,317
Cash and cash equivalents at end of period	$	—		$	3,283		$	8,021		$	—		$	11,304