Annual report pursuant to Section 13 and 15(d)

Summarized Financial Information for Antero Midstream

v3.8.0.1
Summarized Financial Information for Antero Midstream
12 Months Ended
Dec. 31, 2017
Summarized Financial Information for Antero Midstream  
Summarized Financial Information for Antero Midstream

(9)   Summarized Financial Information for Antero Midstream

Summarized financial information for Antero Midstream, our investee accounted for using the equity method of accounting, is included in this note. The following tables present summarized income statement and balance sheet information for Antero Midstream (in thousands).

 

 

 

 

 

 

 

 

 

 

Summarized Antero Midstream Income Statement Information

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2015

 

2016

 

2017

Revenues

 

$

387,324

 

 

590,211

 

 

772,497

Operating expenses

 

 

220,061

 

 

332,100

 

 

447,819

Operating income

 

 

167,263

 

 

258,111

 

 

324,678

Net income

 

 

159,105

 

 

236,703

 

 

307,315

Net income attributable to pre-acquisition assets and incentive distribution rights

 

 

(41,457)

 

 

(16,944)

 

 

(69,720)

Limited partners' interest in net income

 

$

117,648

 

 

219,759

 

 

237,595

 

 

 

 

 

 

 

 

Summarized Antero Midstream Balance Sheet Information

 

 

 

 

 

 

 

 

 

December 31,

 

 

2016

 

2017

Current assets

 

$

79,950

 

 

120,385

Non-current assets

 

 

2,269,945

 

 

2,921,824

Current liabilities

 

 

82,013

 

 

121,316

Non-current liabilities

 

 

1,045,072

 

 

1,404,424

Partners' capital

 

$

1,222,810

 

 

1,516,469