%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 8.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 9.50 Tf ET q 0 0 0 rg BT 165.60 758.60 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 215.84 758.60 Td (A) Tj ET Q q 0 0 0 rg BT 222.00 758.60 Td (TES SECURITIES ) Tj ET Q q 0 0 0 rg BT 301.73 758.60 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 259.00 747.20 Td (W) Tj ET Q q 0 0 0 rg BT 267.21 747.20 Td (ashington, D.C. 20549) Tj ET Q BT /F2 10.50 Tf ET q 0 0 0 rg BT 277.55 731.60 Td (FORM 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.65 719.60 Td ([) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 70.98 719.60 Td (X] ) Tj ET Q q 0 0 0 rg BT 82.86 719.60 Td (ANNUAL) Tj ET Q q 0 0 0 rg BT 122.97 719.60 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 158.26 719.60 Td (T) Tj ET Q q 0 0 0 rg BT 164.43 719.60 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 218.36 719.60 Td ( ) Tj ET Q q 0 0 0 rg BT 220.56 719.60 Td (T) Tj ET Q q 0 0 0 rg BT 226.73 719.60 Td (O SECTION 13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 346.46 719.60 Td ( ) Tj ET Q q 0 0 0 rg BT 348.66 719.60 Td (THE SECURITIES EXCHANGE ) Tj ET Q q 0 0 0 rg BT 487.78 719.60 Td (ACT) Tj ET Q q 0 0 0 rg BT 507.66 719.60 Td ( OF) Tj ET Q q 0 0 0 rg BT 522.88 719.60 Td ( 1934) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 216.55 707.60 Td (For) Tj ET Q q 0 0 0 rg BT 231.15 707.60 Td ( the fiscal year) Tj ET Q q 0 0 0 rg BT 289.81 707.60 Td ( ended ) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 318.84 707.60 Td (December) Tj ET Q q 0 0 0 rg BT 359.81 707.60 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 395.44 707.60 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.00 695.00 Td (OR) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 56.25 683.60 Td ([] ) Tj ET Q q 0 0 0 rg BT 74.28 683.60 Td (TRANSITION REPOR) Tj ET Q q 0 0 0 rg BT 169.76 683.60 Td (T) Tj ET Q q 0 0 0 rg BT 175.92 683.60 Td ( PURSUANT) Tj ET Q q 0 0 0 rg BT 229.85 683.60 Td ( ) Tj ET Q q 0 0 0 rg BT 232.06 683.60 Td (T) Tj ET Q q 0 0 0 rg BT 238.22 683.60 Td (O SECTION 13 OR 15\(d\) OF) Tj ET Q q 0 0 0 rg BT 357.95 683.60 Td ( ) Tj ET Q q 0 0 0 rg BT 360.16 683.60 Td (THE SECURITIES EXCHANGE ) Tj ET Q q 0 0 0 rg BT 499.27 683.60 Td (ACT) Tj ET Q q 0 0 0 rg BT 519.16 683.60 Td ( OF) Tj ET Q q 0 0 0 rg BT 534.37 683.60 Td ( 1934) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 40.50 672.20 Td ( ) Tj ET Q q 0 0 0 rg BT 76.50 672.20 Td ( ) Tj ET Q q 0 0 0 rg BT 112.50 672.20 Td ( For) Tj ET Q q 0 0 0 rg BT 136.60 672.20 Td ( the transition period fr) Tj ET Q q 0 0 0 rg BT 231.95 672.20 Td (om ) Tj ET Q BT /F2 9.50 Tf ET 0 0 0 RG /GS0 gs 0.90 w 0 i [] 0 d 1 J 1 j 3 M 246.98779296875 670.7133056640625 m 341.98779296875 670.7133056640625 l s q 0 0 0 rg BT 246.99 672.20 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 341.99 672.20 Td ( to ) Tj ET Q BT /F2 9.50 Tf ET 0 0 0 RG /GS0 gs 0.90 w 0 i [] 0 d 1 J 1 j 3 M 354.6513671875 670.7133056640625 m 449.6513671875 670.7133056640625 l s q 0 0 0 rg BT 354.65 672.20 Td () Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 237.05 657.80 Td (Commission File Number) Tj ET Q q 0 0 0 rg BT 340.85 657.80 Td ( 1-16417) Tj ET Q /GS0 gs q 118.00 0 0 54.00 247.00 598.80 cm /I1 Do Q BT /F1 10.00 Tf ET BT /F2 17.00 Tf ET q 0 0 0 rg BT 217.00 578.40 Td (NUST) Tj ET Q q 0 0 0 rg BT 261.09 578.40 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 361.99 578.40 Td ( L.P) Tj ET Q q 0 0 0 rg BT 390.65 578.40 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 223.35 568.80 Td (\(Exact name of registrant as specified in its charter\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.80 548.87 Td (Delaware) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 298.00 549.55 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.80 548.87 Td (74-2956831) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 76.40 535.55 Td (\(State or other jurisdiction of incorporation or or) Tj ET Q q 0 0 0 rg BT 231.62 535.55 Td (ganization\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 298.00 535.55 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.90 535.55 Td (\(I.R.S. Employer Identification No.\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.25 517.87 Td (19003 IH-10 ) Tj ET Q q 0 0 0 rg BT 189.04 517.87 Td (W) Tj ET Q q 0 0 0 rg BT 197.99 517.87 Td (est) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 298.00 518.55 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.50 517.87 Td (78257) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.10 504.87 Td (San ) Tj ET Q q 0 0 0 rg BT 150.05 504.87 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 187.65 504.87 Td (T) Tj ET Q q 0 0 0 rg BT 193.06 504.87 Td (exas) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 298.00 505.55 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 420.30 506.25 Td (\(Zip Code\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 108.50 493.25 Td (\(Address of principal executive of) Tj ET Q q 0 0 0 rg BT 217.65 493.25 Td (fices\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 298.00 493.25 Td () Tj ET Q BT /F1 9.50 Tf ET q 0 0 0 rg BT 177.70 478.40 Td (Registrant) Tj ET Q q 0 0 0 rg BT 219.39 478.40 Td (s telephone number) Tj ET Q q 0 0 0 rg BT 293.41 478.40 Td (, including area code \(210\)918-2000) Tj ET Q BT /F2 9.75 Tf ET q 0 0 0 rg BT 40.50 463.70 Td (Securities r) Tj ET Q q 0 0 0 rg BT 87.70 463.70 Td (egister) Tj ET Q q 0 0 0 rg BT 115.14 463.70 Td (ed pursuant to Section12\(b\) of the ) Tj ET Q q 0 0 0 rg BT 260.58 463.70 Td (Act:) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 278.45 463.70 Td ( Common units representing limited partner interests listed on the New ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 452.00 Td (Y) Tj ET Q q 0 0 0 rg BT 46.57 452.00 Td (ork Stock Exchange. 8.50% Series ) Tj ET Q q 0 0 0 rg BT 183.31 452.00 Td (A, 7.625% Series B and 9.00% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 440.30 Td (Preferred Units representing limited partner interests listed on the New ) Tj ET Q q 0 0 0 rg BT 319.02 440.30 Td (Y) Tj ET Q q 0 0 0 rg BT 325.08 440.30 Td (ork Stock Exchange.) Tj ET Q BT /F2 9.75 Tf ET q 0 0 0 rg BT 40.50 425.60 Td (Securities r) Tj ET Q q 0 0 0 rg BT 87.70 425.60 Td (egister) Tj ET Q q 0 0 0 rg BT 115.14 425.60 Td (ed pursuant to 12\(g\) of the ) Tj ET Q q 0 0 0 rg BT 227.27 425.60 Td (Act:) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 245.13 425.60 Td ( None.) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 410.90 Td (Indicate by check mark if the registrant is a well-known seasoned issuer) Tj ET Q q 0 0 0 rg BT 320.88 410.90 Td (, as defined in Rule 405 of the Securities ) Tj ET Q q 0 0 0 rg BT 481.18 410.90 Td (Act. ) Tj ET Q q 0 0 0 rg BT 499.77 410.90 Td (Y) Tj ET Q q 0 0 0 rg BT 505.83 410.90 Td (es [X] No []) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 396.20 Td (Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15\(d\) of the ) Tj ET Q q 0 0 0 rg BT 489.97 396.20 Td (Act. ) Tj ET Q q 0 0 0 rg BT 508.56 396.20 Td (Y) Tj ET Q q 0 0 0 rg BT 514.62 396.20 Td (es [] No [X]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 381.50 Td (Indicate by check mark whether the registrant \(1\)has filed all reports required to be filed by Section13 or 15\(d\) of the Securities ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 369.80 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 80.84 369.80 Td (Act of 1934 during the preceding 12 months \(or for such shorter period that the registrant was required to file such reports\), ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 358.10 Td (and \(2\)has been subject to such filing requirements for the past 90 days. ) Tj ET Q q 0 0 0 rg BT 325.25 358.10 Td (Y) Tj ET Q q 0 0 0 rg BT 331.32 358.10 Td (es [X] No []) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 343.40 Td (Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 331.70 Td (to Rule 405 of Regulation S-T) Tj ET Q q 0 0 0 rg BT 158.67 331.70 Td ( \(232.405 of this chapter\) during the preceding 12 months \(or for such shorter period that the registrant ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 320.00 Td (was required to submit such files\). ) Tj ET Q q 0 0 0 rg BT 176.88 320.00 Td (Y) Tj ET Q q 0 0 0 rg BT 182.95 320.00 Td (es [X] No [ ]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 305.30 Td (Indicate by check mark if disclosure of delinquent filers pursuant to Item405 of Regulation S-K \(229.405 of this chapter\) is not ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 293.60 Td (contained herein, and will not be contained, to the best of registrant) Tj ET Q q 0 0 0 rg BT 306.11 293.60 Td (s knowledge, in definitive proxy or information statements ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 281.90 Td (incorporated by reference in Part III of this Form 10-K or any amendment to this Form10-K. [X]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 267.20 Td (Indicate by check mark whether the registrant is a lar) Tj ET Q q 0 0 0 rg BT 247.43 267.20 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 321.19 267.20 Td (, an accelerated filer) Tj ET Q q 0 0 0 rg BT 399.82 267.20 Td (, a non-accelerated filer) Tj ET Q q 0 0 0 rg BT 491.45 267.20 Td (, a smaller reporting ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 255.50 Td (company) Tj ET Q q 0 0 0 rg BT 75.61 255.50 Td (, or an emer) Tj ET Q q 0 0 0 rg BT 121.99 255.50 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 206.93 255.50 Td (. See the definitions of lar) Tj ET Q q 0 0 0 rg BT 311.80 255.50 Td (ge accelerated filer) Tj ET Q q 0 0 0 rg BT 385.56 255.50 Td (, accelerated filer) Tj ET Q q 0 0 0 rg BT 461.21 255.50 Td (, smaller reporting ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 243.80 Td (company) Tj ET Q q 0 0 0 rg BT 75.61 243.80 Td (, and emer) Tj ET Q q 0 0 0 rg BT 124.96 243.80 Td (ging growth company in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 338.60 243.80 Td (Act:) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 43.50 221.04 Td (Lar) Tj ET Q q 0 0 0 rg BT 56.94 221.04 Td (geacceleratedfiler) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 162.50 221.04 Td () Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 166.50 221.04 Td ([X]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 422.50 221.04 Td () Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 426.50 221.04 Td (Acceleratedfiler) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 549.50 221.04 Td ([]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 43.50 205.04 Td (Non-accelerated filer) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 162.50 205.04 Td () Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 166.50 205.04 Td ([]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 422.50 205.04 Td () Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 426.50 205.04 Td (Smallerreportingcompany) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 545.50 205.04 Td () Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 549.50 205.04 Td ([]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 426.50 189.04 Td (Emer) Tj ET Q q 0 0 0 rg BT 447.53 189.04 Td (ging growth company) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 549.50 189.04 Td ([]) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 40.50 171.80 Td (If an emer) Tj ET Q q 0 0 0 rg BT 81.40 171.80 Td (ging growth company) Tj ET Q q 0 0 0 rg BT 168.52 171.80 Td (, indicate by check mark if the registrant has elected not to use the extended transition period for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 40.50 159.80 Td (complying with any new or revised financial accounting standards provided pursuant to Section 13\(a\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 516.75 159.80 Td (Act.) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 536.19 159.80 Td ([ ]) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.56 159.80 Td () Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 145.10 Td (Indicate by check mark whether the registrant is a shell company \(as defined in Rule 12b-2 of the Exchange ) Tj ET Q q 0 0 0 rg BT 463.13 145.10 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 484.97 145.10 Td (Y) Tj ET Q q 0 0 0 rg BT 491.04 145.10 Td (es [] No [X]) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 130.40 Td (The aggregate market value of the common units held by non-af) Tj ET Q q 0 0 0 rg BT 291.03 130.40 Td (filiates was approximately ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 396.36 130.40 Td ($1.8 billion) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 441.32 130.40 Td ( based on the last sales price ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 118.70 Td (quoted as of ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 90.59 118.70 Td (June29, 2018) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 145.03 118.70 Td (, the last business day of the registrant) Tj ET Q q 0 0 0 rg BT 296.67 118.70 Td (s most recently completed second quarter) Tj ET Q q 0 0 0 rg BT 457.76 118.70 Td (.) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 104.00 Td (The number of common units outstanding as of ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 227.89 104.00 Td (January31, 2019) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 294.77 104.00 Td ( was ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 314.81 104.00 Td (107,278,252) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 363.56 104.00 Td (.) Tj ET Q BT /F2 9.50 Tf ET q 0 0 0 rg BT 195.55 80.60 Td (DOCUMENTS INCORPORA) Tj ET Q q 0 0 0 rg BT 317.56 80.60 Td (TED BY) Tj ET Q q 0 0 0 rg BT 352.31 80.60 Td ( REFERENCE:) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 68.90 Td (Portions of the Proxy Statement for the registrant) Tj ET Q q 0 0 0 rg BT 235.20 68.90 Td (s 2019 annual meeting of unitholders, expected to be filed within 120 days after the ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 40.50 57.20 Td (end of the fiscal year covered by this Form 10-K, are incorporated by reference into Part III to the extent described therein.) Tj ET Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 253.65 742.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 279.58 742.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 338.94 742.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 355.80 742.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.90 730.25 Td (FORM 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 252.65 706.25 Td (T) Tj ET Q q 0 0 0 rg BT 258.58 706.25 Td (ABLE OF) Tj ET Q q 0 0 0 rg BT 301.82 706.25 Td ( CONTENTS) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 695.45 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.80 675.68 Td (P) Tj ET Q q 0 0 0 rg BT 295.54 675.68 Td (AR) Tj ET Q q 0 0 0 rg BT 309.43 675.68 Td (T) Tj ET Q q 0 0 0 rg BT 315.84 675.68 Td ( I) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 662.63 Td (Items1.,1A.&2.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 662.63 Td (Business, Risk Factors and Pr) Tj ET Q q 0 0 0 rg BT 262.33 662.63 Td (operties) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 648.68 Td (Overview) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 635.68 Td (Recent Developments) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 622.68 Td (Organizational Structur) Tj ET Q q 0 0 0 rg BT 268.42 622.68 Td (e) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 609.68 Td (Segments) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 596.68 Td (Employees) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 583.68 Td (Rate Regulation) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 570.68 Td (Envir) Tj ET Q q 0 0 0 rg BT 189.27 570.68 Td (onmental, Health, Safety and Security Regulation) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 557.68 Td (Risk Factors) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 165.00 544.68 Td (Pr) Tj ET Q q 0 0 0 rg BT 175.37 544.68 Td (operties) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 527.68 Td (Item 1B.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 527.68 Td (Unr) Tj ET Q q 0 0 0 rg BT 152.04 527.68 Td (esolved Staff Comments) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 510.68 Td (Item3.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 510.68 Td (Legal Pr) Tj ET Q q 0 0 0 rg BT 171.75 510.68 Td (oceedings) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 493.68 Td (Item4.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 493.68 Td (Mine Safety Disclosur) Tj ET Q q 0 0 0 rg BT 228.70 493.68 Td (es) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.85 476.68 Td (P) Tj ET Q q 0 0 0 rg BT 293.59 476.68 Td (AR) Tj ET Q q 0 0 0 rg BT 307.48 476.68 Td (T) Tj ET Q q 0 0 0 rg BT 313.89 476.68 Td ( II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 463.68 Td (Item5.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 463.68 Td (Market for) Tj ET Q q 0 0 0 rg BT 182.29 463.68 Td ( Registrant) Tj ET Q q 0 0 0 rg BT 232.74 463.68 Td (s Common Units, Related Unitholder) Tj ET Q q 0 0 0 rg BT 390.62 463.68 Td ( Matters and Issuer) Tj ET Q q 0 0 0 rg BT 474.04 463.68 Td ( Pur) Tj ET Q q 0 0 0 rg BT 492.47 463.68 Td (chases of ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 453.68 Td (Equity Securities) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 436.68 Td (Item6.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 436.68 Td (Selected Financial Data) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 419.68 Td (Item7.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 419.68 Td (Management) Tj ET Q q 0 0 0 rg BT 194.06 419.68 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 266.04 419.68 Td (Analysis of Financial Condition and Results of Operations) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 402.68 Td (Item7A.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 402.68 Td (Quantitative and Qualitative Disclosur) Tj ET Q q 0 0 0 rg BT 300.10 402.68 Td (es about Market Risk) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 385.68 Td (Item8.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 385.68 Td (Financial Statements and Supplementary Data) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 368.68 Td (Item9.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 368.68 Td (Changes in and Disagr) Tj ET Q q 0 0 0 rg BT 231.79 368.68 Td (eements with ) Tj ET Q q 0 0 0 rg BT 289.56 368.68 Td (Accountants on ) Tj ET Q q 0 0 0 rg BT 357.90 368.68 Td (Accounting and Financial Disclosur) Tj ET Q q 0 0 0 rg BT 510.24 368.68 Td (e) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 351.68 Td (Item9A.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 351.68 Td (Contr) Tj ET Q q 0 0 0 rg BT 160.37 351.68 Td (ols and Pr) Tj ET Q q 0 0 0 rg BT 203.53 351.68 Td (ocedur) Tj ET Q q 0 0 0 rg BT 232.79 351.68 Td (es) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 334.68 Td (Item9B.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 334.68 Td (Other) Tj ET Q q 0 0 0 rg BT 160.37 334.68 Td ( Information) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 317.68 Td (P) Tj ET Q q 0 0 0 rg BT 291.64 317.68 Td (AR) Tj ET Q q 0 0 0 rg BT 305.53 317.68 Td (T) Tj ET Q q 0 0 0 rg BT 311.94 317.68 Td ( III) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 304.68 Td (Item10.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 304.68 Td (Dir) Tj ET Q q 0 0 0 rg BT 149.26 304.68 Td (ectors, Executive Officers and Corporate Governance) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 287.68 Td (Item1) Tj ET Q q 0 0 0 rg BT 80.21 287.68 Td (1.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 287.68 Td (Executive Compensation) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 270.68 Td (Item12.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 270.68 Td (Security Ownership of Certain Beneficial Owners and Management and Related Unitholder) Tj ET Q q 0 0 0 rg BT 527.02 270.68 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 260.68 Td (Matters) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 243.68 Td (Item13.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 243.68 Td (Certain Relationships and Related ) Tj ET Q q 0 0 0 rg BT 284.27 243.68 Td (T) Tj ET Q q 0 0 0 rg BT 290.20 243.68 Td (ransactions and Dir) Tj ET Q q 0 0 0 rg BT 374.47 243.68 Td (ector) Tj ET Q q 0 0 0 rg BT 395.94 243.68 Td ( Independence) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 226.68 Td (Item14.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 226.68 Td (Principal ) Tj ET Q q 0 0 0 rg BT 176.39 226.68 Td (Accountant Fees and Services) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.30 209.68 Td (P) Tj ET Q q 0 0 0 rg BT 291.67 209.68 Td (AR) Tj ET Q q 0 0 0 rg BT 305.76 209.68 Td (T) Tj ET Q q 0 0 0 rg BT 312.25 209.68 Td ( IV) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 196.68 Td (Item15.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 196.68 Td (Exhibits and Financial Statement Schedules) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 179.68 Td (Item16.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 135.00 179.68 Td (Form 10-K Summary) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 162.68 Td (Signatur) Tj ET Q q 0 0 0 rg BT 90.05 162.68 Td (es) Tj ET Q BT /F2 10.00 Tf ET BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 662.63 Td (3) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 648.68 Td (3) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 635.68 Td (5) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 622.68 Td (6) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 554.00 609.68 Td (8) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 596.68 Td (16) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 583.68 Td (16) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 570.68 Td (16) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 557.68 Td (19) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 544.68 Td (36) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 527.68 Td (37) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 510.68 Td (37) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 493.68 Td (37) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 454.63 Td (38) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 436.68 Td (41) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 419.68 Td (42) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 402.68 Td (65) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 549.00 385.68 Td (67) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 368.68 Td (133) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 351.68 Td (133) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 334.68 Td (133) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 304.68 Td (134) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 287.68 Td (134) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 261.63 Td (134) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 243.68 Td (134) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 226.68 Td (134) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 196.68 Td (135) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 179.68 Td (144) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 544.00 162.68 Td (145) Tj ET Q BT /F2 10.00 Tf ET endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 289.80 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 295.17 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 309.26 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 315.75 742.25 Td ( I) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Unless otherwise indicated, the terms NuStar Ener) Tj ET Q q 0 0 0 rg BT 256.15 718.25 Td (gy) Tj ET Q q 0 0 0 rg BT 265.50 718.25 Td (, the Partnership, we, our and us are used in this report to refer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (to NuStar Ener) Tj ET Q q 0 0 0 rg BT 109.80 706.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 135.37 706.25 Td (., to one or more of our consolidated subsidiaries or to all of them taken as a whole. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (CAUTIONAR) Tj ET Q q 0 0 0 rg BT 108.16 682.25 Td (Y) Tj ET Q q 0 0 0 rg BT 113.90 682.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 127.52 682.25 Td (A) Tj ET Q q 0 0 0 rg BT 133.64 682.25 Td (TEMENT REGARDING FOR) Tj ET Q q 0 0 0 rg BT 260.15 682.25 Td (W) Tj ET Q q 0 0 0 rg BT 268.30 682.25 Td (ARD-LOOKING INFORMA) Tj ET Q q 0 0 0 rg BT 386.93 682.25 Td (TION) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (In this Form 10-K, we make certain forwar) Tj ET Q q 0 0 0 rg BT 222.39 670.25 Td (d-looking statements, including statements r) Tj ET Q q 0 0 0 rg BT 398.95 670.25 Td (egar) Tj ET Q q 0 0 0 rg BT 416.90 670.25 Td (ding our plans, strategies, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (objectives, expectations, estimates, pr) Tj ET Q q 0 0 0 rg BT 200.70 658.25 Td (edictions, pr) Tj ET Q q 0 0 0 rg BT 250.32 658.25 Td (ojections, assumptions, intentions and r) Tj ET Q q 0 0 0 rg BT 408.84 658.25 Td (esour) Tj ET Q q 0 0 0 rg BT 430.69 658.25 Td (ces. While these forwar) Tj ET Q q 0 0 0 rg BT 524.19 658.25 Td (d-) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (looking statements, and any assumptions upon which they ar) Tj ET Q q 0 0 0 rg BT 292.67 646.25 Td (e based, ar) Tj ET Q q 0 0 0 rg BT 336.46 646.25 Td (e made in good faith and r) Tj ET Q q 0 0 0 rg BT 442.19 646.25 Td (eflect our curr) Tj ET Q q 0 0 0 rg BT 499.58 646.25 Td (ent judgment ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (r) Tj ET Q q 0 0 0 rg BT 53.52 634.25 Td (egar) Tj ET Q q 0 0 0 rg BT 71.48 634.25 Td (ding the dir) Tj ET Q q 0 0 0 rg BT 117.77 634.25 Td (ection of our business, actual r) Tj ET Q q 0 0 0 rg BT 241.28 634.25 Td (esults will almost always vary) Tj ET Q q 0 0 0 rg BT 360.73 634.25 Td (, sometimes materially) Tj ET Q q 0 0 0 rg BT 450.44 634.25 Td (, fr) Tj ET Q q 0 0 0 rg BT 461.74 634.25 Td (om any estimates, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (pr) Tj ET Q q 0 0 0 rg BT 58.52 622.25 Td (edictions, pr) Tj ET Q q 0 0 0 rg BT 108.14 622.25 Td (ojections, assumptions or other futur) Tj ET Q q 0 0 0 rg BT 255.28 622.25 Td (e performance suggested in this r) Tj ET Q q 0 0 0 rg BT 388.50 622.25 Td (eport. These forwar) Tj ET Q q 0 0 0 rg BT 467.30 622.25 Td (d-looking statements ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (can generally be identified by the wor) Tj ET Q q 0 0 0 rg BT 201.25 610.25 Td (ds anticipates, believes, expects, plans, intends, estimates, for) Tj ET Q q 0 0 0 rg BT 519.53 610.25 Td (ecasts, ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (budgets, pr) Tj ET Q q 0 0 0 rg BT 111.31 598.25 Td (ojects, will, could, should, may and similar expr) Tj ET Q q 0 0 0 rg BT 353.48 598.25 Td (essions. These statements r) Tj ET Q q 0 0 0 rg BT 461.44 598.25 Td (eflect our curr) Tj ET Q q 0 0 0 rg BT 518.83 598.25 Td (ent views ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (with r) Tj ET Q q 0 0 0 rg BT 73.25 586.25 Td (egar) Tj ET Q q 0 0 0 rg BT 91.21 586.25 Td (d to futur) Tj ET Q q 0 0 0 rg BT 128.06 586.25 Td (e events and ar) Tj ET Q q 0 0 0 rg BT 188.51 586.25 Td (e subject to various risks, uncertainties and assumptions,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.10 586.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 419.60 586.25 Td (which may cause actual r) Tj ET Q q 0 0 0 rg BT 521.44 586.25 Td (esults to ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (differ materially) Tj ET Q q 0 0 0 rg BT 114.72 574.25 Td (. Please r) Tj ET Q q 0 0 0 rg BT 152.39 574.25 Td (ead Item1A. Risk Factors for a discussion of certain of those risks, uncertainties and assumptions.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (If one or mor) Tj ET Q q 0 0 0 rg BT 102.68 550.25 Td (e of these risks or uncertainties materialize, or if the underlying assumptions pr) Tj ET Q q 0 0 0 rg BT 420.90 550.25 Td (ove incorr) Tj ET Q q 0 0 0 rg BT 461.90 550.25 Td (ect, our actual r) Tj ET Q q 0 0 0 rg BT 525.97 550.25 Td (esults ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (may vary materially fr) Tj ET Q q 0 0 0 rg BT 139.33 538.25 Td (om those described in any forwar) Tj ET Q q 0 0 0 rg BT 273.12 538.25 Td (d-looking statement. Other unknown or unpr) Tj ET Q q 0 0 0 rg BT 451.62 538.25 Td (edictable factors could ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (also have material adverse effects on our futur) Tj ET Q q 0 0 0 rg BT 236.54 526.25 Td (e r) Tj ET Q q 0 0 0 rg BT 247.00 526.25 Td (esults. Readers ar) Tj ET Q q 0 0 0 rg BT 318.57 526.25 Td (e cautioned not to place undue r) Tj ET Q q 0 0 0 rg BT 447.61 526.25 Td (eliance on this forwar) Tj ET Q q 0 0 0 rg BT 535.29 526.25 Td (d-) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (looking information, which is as of the date of this Form 10-K. W) Tj ET Q q 0 0 0 rg BT 310.74 514.25 Td (e do not intend to update these statements unless we ar) Tj ET Q q 0 0 0 rg BT 530.34 514.25 Td (e ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (r) Tj ET Q q 0 0 0 rg BT 53.52 502.25 Td (equir) Tj ET Q q 0 0 0 rg BT 74.26 502.25 Td (ed by the securities laws to do so, and we undertake no obligation to publicly r) Tj ET Q q 0 0 0 rg BT 389.40 502.25 Td (elease the r) Tj ET Q q 0 0 0 rg BT 435.13 502.25 Td (esult of any r) Tj ET Q q 0 0 0 rg BT 487.25 502.25 Td (evisions to any ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (such forwar) Tj ET Q q 0 0 0 rg BT 97.69 490.25 Td (d-looking statements that may be made to r) Tj ET Q q 0 0 0 rg BT 270.35 490.25 Td (eflect events or cir) Tj ET Q q 0 0 0 rg BT 344.11 490.25 Td (cumstances after the date of this r) Tj ET Q q 0 0 0 rg BT 479.28 490.25 Td (eport or to r) Tj ET Q q 0 0 0 rg BT 528.08 490.25 Td (eflect ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (the occurr) Tj ET Q q 0 0 0 rg BT 91.01 478.25 Td (ence of unanticipated events.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (ITEMS1., 1A. and 2. ) Tj ET Q q 0 0 0 rg BT 176.00 454.25 Td (BUSINESS, RISK F) Tj ET Q q 0 0 0 rg BT 261.68 454.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 282.61 454.25 Td (ORS ) Tj ET Q q 0 0 0 rg BT 305.12 454.25 Td (AND PROPER) Tj ET Q q 0 0 0 rg BT 370.04 454.25 Td (TIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 277.90 430.25 Td (OVER) Tj ET Q q 0 0 0 rg BT 306.44 430.25 Td (VIEW) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 409.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 409.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 125.09 409.25 Td (. \(NuStar Ener) Tj ET Q q 0 0 0 rg BT 182.94 409.25 Td (gy\), a Delaware limited partnership, was formed in 1999 and completed its initial public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 397.25 Td (fering of common units on ) Tj ET Q q 0 0 0 rg BT 166.75 397.25 Td (April16,2001. Our common units trade on the New ) Tj ET Q q 0 0 0 rg BT 378.56 397.25 Td (Y) Tj ET Q q 0 0 0 rg BT 384.79 397.25 Td (ork Stock Exchange \(NYSE\) under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (symbol NS, and our fixed-to-floating rate cumulative redeemable perpetual preferred units trade on the NYSE under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (symbol NSprA for our 8.50% Series ) Tj ET Q q 0 0 0 rg BT 206.37 373.25 Td (A) Tj ET Q q 0 0 0 rg BT 213.04 373.25 Td ( Preferred Units, NSprB for our 7.625% Series B Preferred Units and NSprC for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (our 9.00% Series C Preferred Units. Our principal executive of) Tj ET Q q 0 0 0 rg BT 301.69 361.25 Td (fices are located at 19003 IH-10 ) Tj ET Q q 0 0 0 rg BT 432.56 361.25 Td (W) Tj ET Q q 0 0 0 rg BT 441.20 361.25 Td (est, San ) Tj ET Q q 0 0 0 rg BT 474.26 361.25 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 511.86 361.25 Td (T) Tj ET Q q 0 0 0 rg BT 517.27 361.25 Td (exas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (78257 and our telephone number is \(210\)918-2000. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 328.25 Td (e are engaged in the transportation of petroleum products and anhydrous ammonia, and the terminalling, storage and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.25 Td (marketing of petroleum products. ) Tj ET Q q 0 0 0 rg BT 186.17 316.25 Td (The term throughput as used in this document generally refers to barrels of crude oil or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.25 Td (refined product or tons of ammonia, as applicable, that pass through our pipelines, terminals or storage tanks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 283.25 Td (e divide our operations into the following three reportable business segments: pipeline, storage and fuels marketing. ) Tj ET Q q 0 0 0 rg BT 524.08 283.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 271.25 Td (, our assets included approximately 9,800 miles of pipeline and 75 terminal and storage facilities, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.25 Td (provide approximately 88 million barrels of storage capacity) Tj ET Q q 0 0 0 rg BT 291.77 259.25 Td (. ) Tj ET Q q 0 0 0 rg BT 296.59 259.25 Td (The following table summarizes operating income for each of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.25 Td (business segments:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 126.50 193.75 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 193.75 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 126.50 163.75 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 163.75 99.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 206.75 m 484.5 206.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 206.75 m 484.5 206.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.45 218.98 Td (Y) Tj ET Q q 0 0 0 rg BT 419.34 218.98 Td (ear) Tj ET Q q 0 0 0 rg BT 430.30 218.98 Td ( Ended ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 402.25 210.98 Td (December) Tj ET Q q 0 0 0 rg BT 436.75 210.98 Td (31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 397.35 198.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 184.32 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.00 183.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 183.42 Td (272,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 169.32 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.00 168.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.15 168.42 Td (181,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.00 154.32 Td (Fuels marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.00 153.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.15 153.42 Td (24,440) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 122.25 Td (e conduct our operations through our wholly owned subsidiaries, primarily NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 446.08 122.25 Td (. \(NuStar Logistics\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.25 Td (NuStar Pipeline Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 219.70 110.25 Td (. \(NuPOP\). Our revenues include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 95.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 95.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 102.47 95.25 Td (fs for transporting crude oil, refined products and anhydrous ammonia through our pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 80.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 80.25 Td (fees for the use of our terminal and storage facilities and related ancillary services; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 65.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 65.25 Td (sales of petroleum products.) Tj ET Q endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 742.10 Td (e strive to increase unitholder value by:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 727.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 727.10 Td (enhancing our existing assets through strategic internal growth projects that expand our business with current and new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 715.10 Td (customers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 700.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 700.10 Td (pursuing strategic projects to expand and optimize our existing assets and to construct new assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 685.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 685.10 Td (improving our operations, including safety and environmental stewardship, cost control and asset reliability; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 670.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.10 Td (identifying strategic acquisition tar) Tj ET Q q 0 0 0 rg BT 225.50 670.10 Td (gets that meet our financial criteria.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Our internet website address is ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 175.80078125 644.7669921875 m 293.740234375 644.7669921875 l s q 0 0 0 rg BT 175.80 646.10 Td (http://www) Tj ET Q q 0 0 0 rg BT 220.71 646.10 Td (.nustarener) Tj ET Q q 0 0 0 rg BT 264.67 646.10 Td (gy) Tj ET Q q 0 0 0 rg BT 274.02 646.10 Td (.com) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.74 646.10 Td (. Information contained on our website is not part of this report. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Our annual reports on Form 10-K, quarterly reports on Form10-Q and current reports on Form8-K filed with \(or furnished to\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (the Securities and Exchange Commission \(SEC\) are available on our website, free of char) Tj ET Q q 0 0 0 rg BT 409.15 622.10 Td (ge, as soon as reasonably practicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (after we file or furnish such material \(select the Investors link, then the SEC Filings link\). ) Tj ET Q q 0 0 0 rg BT 428.60 610.10 Td (W) Tj ET Q q 0 0 0 rg BT 437.24 610.10 Td (e also post our corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (governance guidelines, code of business conduct and ethics, code of ethics for senior financial of) Tj ET Q q 0 0 0 rg BT 437.47 598.10 Td (ficers and the charters of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (board) Tj ET Q q 0 0 0 rg BT 75.55 586.10 Td (s committees on our website free of char) Tj ET Q q 0 0 0 rg BT 237.81 586.10 Td (ge \(select the Investors link, then the Corporate Governance link\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Our governance documents are available in print to any unitholder that makes a written request to Corporate Secretary) Tj ET Q q 0 0 0 rg BT 522.79 562.10 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Ener) Tj ET Q q 0 0 0 rg BT 68.70 550.10 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 94.26 550.10 Td (., 19003 IH-10 ) Tj ET Q q 0 0 0 rg BT 155.46 550.10 Td (W) Tj ET Q q 0 0 0 rg BT 164.10 550.10 Td (est, San ) Tj ET Q q 0 0 0 rg BT 197.15 550.10 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 234.75 550.10 Td (T) Tj ET Q q 0 0 0 rg BT 240.16 550.10 Td (exas 78257 or corporatesecretary@nustarener) Tj ET Q q 0 0 0 rg BT 423.27 550.10 Td (gy) Tj ET Q q 0 0 0 rg BT 432.62 550.10 Td (.com.) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 242.05 740.25 Td (RECENT) Tj ET Q q 0 0 0 rg BT 283.54 740.25 Td ( DEVELOPMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 716.25 Td (In early 2018, we launched a comprehensive plan to achieve the characteristics now demanded by the master limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 704.25 Td (partnership market: simplified corporate governance with no incentive distribution rights, minimal equity capital needs, lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 692.25 Td (leverage and strong distribution coverage. Over the course of the year) Tj ET Q q 0 0 0 rg BT 328.66 692.25 Td (, we executed our plan, by) Tj ET Q q 0 0 0 rg BT 433.25 692.25 Td (, among other things, selling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 680.25 Td (our European operations, completing the Mer) Tj ET Q q 0 0 0 rg BT 231.99 680.25 Td (ger and issuing the Series D Preferred Units, all discussed in more detail below) Tj ET Q q 0 0 0 rg BT 547.93 680.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 668.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 668.25 Td (e accomplished our objectives and believe we now have the financial flexibility to allow for strong, stable growth.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 644.25 Td (Sale of Eur) Tj ET Q q 0 0 0 rg BT 94.62 644.25 Td (opean Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.56 644.25 Td (On November 30, 2018, we sold our European operations to Inter ) Tj ET Q q 0 0 0 rg BT 436.60 644.25 Td (T) Tj ET Q q 0 0 0 rg BT 442.01 644.25 Td (erminals, Ltd. for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 632.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 632.25 Td ($270.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.15 632.25 Td (. ) Tj ET Q q 0 0 0 rg BT 173.97 632.25 Td (The operations sold include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.28 632.25 Td (six liquids storage terminals in the United Kingdom and one facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 620.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 620.25 Td (Amsterdam) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.38 620.25 Td (. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.01 620.25 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.01 620.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.25 Td (Supplementary Data for further discussion of the sale.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 584.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.29 584.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.51 584.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.51 584.25 Td (On February 7, 2018, NuStar Ener) Tj ET Q q 0 0 0 rg BT 221.36 584.25 Td (gy) Tj ET Q q 0 0 0 rg BT 230.71 584.25 Td (, Riverwalk Logistics, L.P) Tj ET Q q 0 0 0 rg BT 334.59 584.25 Td (., NuStar GP) Tj ET Q q 0 0 0 rg BT 384.59 584.25 Td (, LLC, Marshall Mer) Tj ET Q q 0 0 0 rg BT 468.01 584.25 Td (ger Sub LLC, a wholly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 572.25 Td (owned subsidiary of NuStar Ener) Tj ET Q q 0 0 0 rg BT 183.13 572.25 Td (gy \(Mer) Tj ET Q q 0 0 0 rg BT 215.43 572.25 Td (ger Sub\), Riverwalk Holdings, LLC and NuStar GP) Tj ET Q q 0 0 0 rg BT 421.99 572.25 Td ( Holdings, LLC \(NuStar GP) Tj ET Q q 0 0 0 rg BT 534.12 572.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.25 Td (Holdings\) entered into an ) Tj ET Q q 0 0 0 rg BT 153.87 560.25 Td (Agreement and Plan of Mer) Tj ET Q q 0 0 0 rg BT 265.32 560.25 Td (ger \(the Mer) Tj ET Q q 0 0 0 rg BT 315.11 560.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 329.83 560.25 Td (Agreement\). Pursuant to the Mer) Tj ET Q q 0 0 0 rg BT 461.56 560.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 476.27 560.25 Td (Agreement, Mer) Tj ET Q q 0 0 0 rg BT 542.18 560.25 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.25 Td (Sub mer) Tj ET Q q 0 0 0 rg BT 83.43 548.25 Td (ged with and into NuStar GP) Tj ET Q q 0 0 0 rg BT 198.88 548.25 Td ( Holdings, with NuStar GP) Tj ET Q q 0 0 0 rg BT 306.57 548.25 Td ( Holdings being the surviving entity \(the Mer) Tj ET Q q 0 0 0 rg BT 487.75 548.25 Td (ger\), such that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 536.25 Td (gy became the sole member of NuStar GP) Tj ET Q q 0 0 0 rg BT 267.72 536.25 Td ( Holdings following the Mer) Tj ET Q q 0 0 0 rg BT 381.97 536.25 Td (ger on July 20, 2018. Pursuant to the Mer) Tj ET Q q 0 0 0 rg BT 547.89 536.25 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.25 Td (Agreement and at the ef) Tj ET Q q 0 0 0 rg BT 145.88 524.25 Td (fective time of the Mer) Tj ET Q q 0 0 0 rg BT 237.89 524.25 Td (ger) Tj ET Q q 0 0 0 rg BT 250.25 524.25 Td (, our partnership agreement was amended and restated to, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.25 Td (things, \(i\) cancel the incentive distribution rights held by our general partner) Tj ET Q q 0 0 0 rg BT 355.06 512.25 Td (, \(ii\) convert the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.98 512.25 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.31 512.25 Td ( general partner interest in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 500.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 500.25 Td (gy held by our general partner into a non-economic management interest and \(iii\) provide the holders of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 488.25 Td (common units with voting rights in the election of the members of the board of directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 459.37 488.25 Td (, LLC, beginning at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.25 Td (annual meeting in 2019. ) Tj ET Q q 0 0 0 rg BT 148.96 476.25 Td (W) Tj ET Q q 0 0 0 rg BT 157.60 476.25 Td (e issued approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.30 476.25 Td (13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.19 476.25 Td ( incremental NuStar Ener) Tj ET Q q 0 0 0 rg BT 402.92 476.25 Td (gy common units as a result of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 464.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.70 464.25 Td (. Please refer to the following two pages for or) Tj ET Q q 0 0 0 rg BT 264.57 464.25 Td (ganizational charts at December 31, 2018 and before the Mer) Tj ET Q q 0 0 0 rg BT 509.29 464.25 Td (ger and Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 452.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.00 452.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.25 Td (discussion.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 416.25 Td (Issuances of Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.83 416.25 Td ( In June and July of 2018, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.59 416.25 Td (23,246,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.59 416.25 Td ( Series D Cumulative Convertible Preferred Units at a price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.25 Td (of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 404.25 Td ($25.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.33 404.25 Td ( per unit in a private placement for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.97 404.25 Td ($555.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.86 404.25 Td (. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.49 404.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.49 404.25 Td ( of the Notes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.25 Td (Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for further discussion. On June ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.25 Td (29, 2018, we also issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.27 380.25 Td (413,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.77 380.25 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.68 380.25 Td ($24.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.18 380.25 Td ( per unit to ) Tj ET Q q 0 0 0 rg BT 368.11 380.25 Td (W) Tj ET Q q 0 0 0 rg BT 377.14 380.25 Td (illiam E. Greehey) Tj ET Q q 0 0 0 rg BT 447.30 380.25 Td (, Chairman of the Board of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.25 Td (Directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 143.04 368.25 Td (, LLC.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 344.25 Td (Council Bluffs ) Tj ET Q q 0 0 0 rg BT 109.82 344.25 Td (Acquisition.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 157.87 344.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.37 344.25 Td (On ) Tj ET Q q 0 0 0 rg BT 174.54 344.25 Td (April 16, 2018, we acquired CHS Inc.) Tj ET Q q 0 0 0 rg BT 329.23 344.25 Td (s Council Bluf) Tj ET Q q 0 0 0 rg BT 387.39 344.25 Td (fs pipeline system, comprised of a 227-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.25 Td (mile pipeline and 18 storage tanks,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.41 332.25 Td ( for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.33 332.25 Td ($37.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.22 332.25 Td (. ) Tj ET Q q 0 0 0 rg BT 325.04 332.25 Td (The assets acquired and the results of operations are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.25 Td (included in our pipeline segment, within the East Pipeline, from the date of acquisition. ) Tj ET Q q 0 0 0 rg BT 401.68 320.25 Td (W) Tj ET Q q 0 0 0 rg BT 410.32 320.25 Td (e accounted for this acquisition as an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.25 Td (asset purchase. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (Hurricane ) Tj ET Q q 0 0 0 rg BT 93.98 284.25 Td (Activity) Tj ET Q q 0 0 0 rg BT 123.96 284.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.96 284.25 Td (In the third quarter of 2017, several of our facilities were af) Tj ET Q q 0 0 0 rg BT 366.46 284.25 Td (fected by the hurricanes in the Caribbean and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td (Gulf of Mexico, including our St. Eustatius terminal, which experienced the most damage and was temporarily shut down. ) Tj ET Q q 0 0 0 rg BT 542.49 272.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.25 Td (damage caused by the Caribbean hurricane resulted in lower revenues for our bunker fuel operations in our fuels marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.25 Td (segment and lower throughput and associated handling fees in our storage segment in 2017 and in the first quarter of 2018. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.25 Td (2017, we recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.57 236.25 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.47 236.25 Td ( loss in Other income \(expense\), net in the consolidated statements of income for property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.25 Td (damage at the terminal, which represents the amount of our property deductible under our insurance policy) Tj ET Q q 0 0 0 rg BT 476.98 224.25 Td (, and we received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.25 Td ($12.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 212.25 Td ( of insurance proceeds, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.34 212.25 Td ($3.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.23 212.25 Td ( was for business interruption. In January 2018, we received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 212.25 Td ($87.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 200.25 Td ( of insurance proceeds in settlement of our property damage claim for our St. Eustatius terminal, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.88 200.25 Td ($9.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.77 200.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.25 Td (related to business interruption. ) Tj ET Q q 0 0 0 rg BT 178.03 188.25 Td (Although the repairs are not complete, we expect that the costs to repair the property damage at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.25 Td (the terminal will not exceed the amount of insurance proceeds received. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.51 176.25 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.51 176.25 Td ( of the Notes to Consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.25 Td (Financial Statements in Item 8. Financial Statements and Supplementary Data for further discussion.) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 227.30 742.25 Td (ORGANIZA) Tj ET Q q 0 0 0 rg BT 281.56 742.25 Td (TIONAL) Tj ET Q q 0 0 0 rg BT 320.46 742.25 Td ( STRUCTURE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (As a result of the Mer) Tj ET Q q 0 0 0 rg BT 137.29 718.25 Td (ger) Tj ET Q q 0 0 0 rg BT 149.66 718.25 Td (, NuStar GP) Tj ET Q q 0 0 0 rg BT 197.91 718.25 Td ( Holdings, which indirectly owns our general partner) Tj ET Q q 0 0 0 rg BT 409.12 718.25 Td (, became a wholly owned subsidiary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (of ours on July 20, 2018. ) Tj ET Q q 0 0 0 rg BT 152.04 706.25 Td (The following chart depicts a summary of our or) Tj ET Q q 0 0 0 rg BT 346.25 706.25 Td (ganizational structure at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.82 706.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.40 706.25 Td (: ) Tj ET Q /GS0 gs q 512.00 0 0 488.90 50.00 191.34 cm /I2 Do Q BT /F1 10.00 Tf ET endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The following chart depicts a summary of our or) Tj ET Q q 0 0 0 rg BT 244.21 742.10 Td (ganizational structure prior to the Mer) Tj ET Q q 0 0 0 rg BT 396.47 742.10 Td (ger on July 20, 2018, which is further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (described in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.03 730.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.03 730.10 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (Data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td ( ) Tj ET Q /GS0 gs q 512.00 0 0 508.40 50.00 192.70 cm /I3 Do Q BT /F1 10.00 Tf ET endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 278.20 742.25 Td (SEGMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Detailed financial information about our segments is included in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.15 721.25 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 721.25 Td ( of the Notes to Consolidated Financial Statements in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (Item8. Financial Statements and Supplementary Data. ) Tj ET Q q 0 0 0 rg BT 279.47 709.25 Td (The following map depicts our assets at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.83 709.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.41 709.25 Td (:) Tj ET Q /GS0 gs q 511.95 0 0 403.45 50.00 288.82 cm /I4 Do Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 276.80 Td (PIPELINE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.80 Td (Our pipeline operations consist of the transportation of refined products, crude oil and anhydrous ammonia. ) Tj ET Q q 0 0 0 rg BT 482.39 264.80 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 252.80 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 252.80 Td (, we owned and operated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 237.80 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 237.80 Td (refined product pipelines with an aggregate length of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.37 237.80 Td (3,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.87 237.80 Td ( miles and crude oil pipelines with an aggregate length of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 225.80 Td (2,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.50 225.80 Td ( miles in ) Tj ET Q q 0 0 0 rg BT 145.26 225.80 Td (T) Tj ET Q q 0 0 0 rg BT 150.67 225.80 Td (exas, Oklahoma, Kansas, Colorado and New Mexico \(collectively) Tj ET Q q 0 0 0 rg BT 414.39 225.80 Td (, the Central ) Tj ET Q q 0 0 0 rg BT 465.86 225.80 Td (W) Tj ET Q q 0 0 0 rg BT 474.50 225.80 Td (est System\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 210.80 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 210.80 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.94 210.80 Td (2,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.44 210.80 Td (-mile refined product pipeline originating in southern Kansas and terminating at Jamestown, North Dakota, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 198.80 Td (with a western extension to North Platte, Nebraska and an eastern extension into Iowa \(the East Pipeline\);) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 183.80 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 183.80 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.94 183.80 Td (450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 107.94 183.80 Td (-mile refined product pipeline originating at Marathon Petroleum Corporation) Tj ET Q q 0 0 0 rg BT 422.30 183.80 Td (s \(Marathon\) Mandan, North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 171.80 Td (Dakota refinery and terminating in Minneapolis, Minnesota \(the North Pipeline\); and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 156.80 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 156.80 Td (a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.94 156.80 Td (2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.44 156.80 Td (-mile anhydrous ammonia pipeline originating in the Louisiana delta area that travels north through the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 144.80 Td (Midwestern United States to Missouri before forking east and west to terminate in Indiana and Nebraska \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 132.80 Td (Ammonia Pipeline\).) Tj ET Q endstream endobj 19 0 obj <> endobj 20 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.50 31.60 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The following table lists information about our pipeline assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.45 742.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.03 742.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 684.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 684.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 684.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 684.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 684.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 684.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 684.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 684.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 654.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 654.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 654.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 654.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 654.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 654.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 654.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 654.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 624.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 624.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 624.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 624.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 624.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 624.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 624.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 624.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 584.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 584.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 584.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 584.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 584.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 584.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 584.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 584.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 554.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 554.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 554.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 554.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 554.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 554.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 554.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 554.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 524.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 524.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 524.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 524.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 524.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 524.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 524.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 524.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 494.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 494.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 494.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 494.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 494.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 494.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 494.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 494.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 464.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 464.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 464.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 464.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 464.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 464.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 464.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 464.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 434.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 434.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 434.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 434.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 434.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 434.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 434.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 434.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 404.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 404.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 404.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 404.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 404.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 404.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 404.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 404.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 374.60 235.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 285.50 374.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 339.50 374.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 343.50 374.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 400.50 374.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 404.50 374.60 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 481.50 374.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 485.50 374.60 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 710.6 m 481.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 481.5 710.6 m 485.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 710.6 m 562.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 697.6 m 339.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 697.6 m 400.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 710.6 m 481.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 697.6 m 481.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 710.6 m 562.5 710.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 697.6 m 562.5 697.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 624.6 m 339.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 624.6 m 400.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 624.6 m 481.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 624.6 m 562.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 624.6 m 400.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 624.6 m 481.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 624.6 m 562.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 569.6 m 339.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 569.6 m 400.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 569.6 m 481.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 569.6 m 562.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 569.6 m 481.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 569.6 m 562.5 569.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 509.6 m 339.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 509.6 m 400.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 509.6 m 481.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 509.6 m 562.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 494.6 m 339.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 479.6 m 339.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 494.6 m 400.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 479.6 m 400.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 494.6 m 481.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 479.6 m 481.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 494.6 m 562.5 494.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 479.6 m 562.5 479.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 404.6 m 339.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 389.6 m 339.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 404.6 m 400.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 389.6 m 400.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 404.6 m 481.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 389.6 m 481.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 404.6 m 562.5 404.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 389.6 m 562.5 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 360.6 m 339.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 285.5 358.6 m 339.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 360.6 m 400.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 343.5 358.6 m 400.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 360.6 m 481.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 404.5 358.6 m 481.5 358.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 360.6 m 562.5 360.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 485.5 358.6 m 562.5 358.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.15 722.83 Td (Thr) Tj ET Q q 0 0 0 rg BT 475.34 722.83 Td (oughput) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.55 714.83 Td (For) Tj ET Q q 0 0 0 rg BT 438.84 714.83 Td ( the year) Tj ET Q q 0 0 0 rg BT 468.46 714.83 Td ( ended December) Tj ET Q q 0 0 0 rg BT 527.41 714.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET 0 0 0 RG /GS0 gs 0.76 w 0 i [] 0 d 1 J 1 j 3 M 53 700.580078125 m 137.21875 700.580078125 l s q 0 0 0 rg BT 53.00 701.83 Td (Region / Pipeline System) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.75 701.83 Td (Length) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.40 701.83 Td (T) Tj ET Q q 0 0 0 rg BT 351.37 701.83 Td (ank Capacity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 434.50 701.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.50 701.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 300.20 688.85 Td (\(Miles\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.25 688.85 Td (\(Barrels\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 461.00 688.85 Td (\(Barrels/Day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 674.27 Td (Central ) Tj ET Q q 0 0 0 rg BT 84.84 674.27 Td (W) Tj ET Q q 0 0 0 rg BT 93.79 674.27 Td (est System:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 659.27 Td (McKee System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 659.27 Td (2,276) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 659.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 659.27 Td (193,396) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 659.27 Td (171,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 644.27 Td (Three Rivers System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 644.27 Td (373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 644.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 644.27 Td (81,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 644.27 Td (78,165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 629.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 629.27 Td (481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 629.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 629.27 Td (51,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 629.27 Td (53,829) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 614.27 Td (Central ) Tj ET Q q 0 0 0 rg BT 102.84 614.27 Td (W) Tj ET Q q 0 0 0 rg BT 111.79 614.27 Td (est Refined Products Pipelines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 614.27 Td (3,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 614.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 614.27 Td (325,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 614.27 Td (303,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 589.27 Td (South ) Tj ET Q q 0 0 0 rg BT 84.75 589.27 Td (T) Tj ET Q q 0 0 0 rg BT 90.42 589.27 Td (exas Crude System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 589.27 Td (328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 589.27 Td (2,157,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 589.27 Td (144,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 589.27 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 589.27 Td (14,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 574.27 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 574.27 Td (200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 574.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 574.27 Td (70,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 574.27 Td (52,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 559.27 Td (Eagle Ford System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 559.27 Td (528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 559.27 Td (2,157,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 559.27 Td (215,227) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 559.27 Td (167,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 544.27 Td (McKee System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 544.27 Td (598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 544.27 Td (1,039,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 544.27 Td (154,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 544.27 Td (137,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 529.27 Td (Ardmore System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 529.27 Td (1) Tj ET Q q 0 0 0 rg BT 325.65 529.27 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.15 529.27 Td (824,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 529.27 Td (70,967) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 529.27 Td (84,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 514.27 Td (Permian Crude System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 514.27 Td (825) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 514.27 Td (1,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 514.27 Td (435,743) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 514.27 Td (192,958) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 499.27 Td (Central ) Tj ET Q q 0 0 0 rg BT 102.84 499.27 Td (W) Tj ET Q q 0 0 0 rg BT 111.79 499.27 Td (est Crude Oil Pipelines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 499.27 Td (2,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 499.27 Td (5,020,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 499.27 Td (876,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 499.27 Td (583,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 484.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 484.27 Td (otal Central ) Tj ET Q q 0 0 0 rg BT 107.75 484.27 Td (W) Tj ET Q q 0 0 0 rg BT 116.70 484.27 Td (est System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 484.27 Td (5,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 484.27 Td (5,020,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 484.27 Td (1,202,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 484.27 Td (887,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.27 Td (Central East System:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 439.27 Td (East Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 439.27 Td (2,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 439.27 Td (5,851,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 439.27 Td (150,635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 439.27 Td (139,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 424.27 Td (North Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 424.27 Td (450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 424.27 Td (1,494,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 424.27 Td (50,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 424.27 Td (41,438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 409.27 Td (Ammonia Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 409.27 Td (2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.65 409.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.15 409.27 Td (30,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 409.27 Td (32,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 394.27 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 394.27 Td (otal Central East System) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 394.27 Td (4,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.60 394.27 Td (7,345,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 394.27 Td (231,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 394.27 Td (212,927) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 83.00 364.28 Td (T) Tj ET Q q 0 0 0 rg BT 88.75 364.28 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.15 364.27 Td (9,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.60 364.27 Td (12,365,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.65 364.27 Td (1,433,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 364.27 Td (1,100,059) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (Description of Pipelines) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Central W) Tj ET Q q 0 0 0 rg BT 90.47 322.10 Td (est System.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.35 322.10 Td ( ) Tj ET Q q 0 0 0 rg BT 136.67 322.10 Td (The Central ) Tj ET Q q 0 0 0 rg BT 186.46 322.10 Td (W) Tj ET Q q 0 0 0 rg BT 195.10 322.10 Td (est System covers a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.30 322.10 Td (5,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.80 322.10 Td ( miles, including refined product and crude oil pipelines. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (The refined product pipelines have an aggregate length of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.52 310.10 Td (3,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.02 310.10 Td ( miles \(Central ) Tj ET Q q 0 0 0 rg BT 367.76 310.10 Td (W) Tj ET Q q 0 0 0 rg BT 376.40 310.10 Td (est Refined Products Pipelines\) and transport ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (gasoline, distillates \(including diesel and jet fuel\), natural gas liquids and other products produced at the refineries to which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (they are connected, including ) Tj ET Q q 0 0 0 rg BT 170.05 286.10 Td (V) Tj ET Q q 0 0 0 rg BT 176.16 286.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 217.34 286.10 Td (gy Corporation) Tj ET Q q 0 0 0 rg BT 280.95 286.10 Td (s \(V) Tj ET Q q 0 0 0 rg BT 296.78 286.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 337.96 286.10 Td (gy\) McKee and ) Tj ET Q q 0 0 0 rg BT 402.48 286.10 Td (Three Rivers refineries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (The crude oil pipelines have an aggregate length of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.42 265.10 Td (2,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.92 265.10 Td ( miles \(Central ) Tj ET Q q 0 0 0 rg BT 341.67 265.10 Td (W) Tj ET Q q 0 0 0 rg BT 350.30 265.10 Td (est Crude Oil Pipelines\). Our crude oil pipelines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (transport crude oil and other feedstocks to the refineries to which they are connected, including ) Tj ET Q q 0 0 0 rg BT 433.02 253.10 Td (V) Tj ET Q q 0 0 0 rg BT 439.13 253.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 480.31 253.10 Td (gy) Tj ET Q q 0 0 0 rg BT 493.09 253.10 Td (s McKee, ) Tj ET Q q 0 0 0 rg BT 533.73 253.10 Td (Three ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (Rivers and ) Tj ET Q q 0 0 0 rg BT 95.00 241.10 Td (Ardmore refineries, or from the Eagle Ford Shale region to our North Beach marine export terminal and to third-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (party refineries in Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 187.02 229.10 Td (T) Tj ET Q q 0 0 0 rg BT 192.43 229.10 Td (exas. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (Our Permian Crude System, which is comprised of the assets we acquired in May 2017, together with the assets we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (constructed through various expansion projects since the date of the acquisition, consists of crude oil transportation, pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (connection and storage assets located in the Midland Basin of ) Tj ET Q q 0 0 0 rg BT 299.20 184.10 Td (W) Tj ET Q q 0 0 0 rg BT 307.84 184.10 Td (est ) Tj ET Q q 0 0 0 rg BT 321.26 184.10 Td (T) Tj ET Q q 0 0 0 rg BT 326.67 184.10 Td (exas. ) Tj ET Q q 0 0 0 rg BT 349.26 184.10 Td (The Permian Crude System is an interconnected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (system that aggregates receipts from wellhead connection lines into intra-basin trunk lines for delivery to regional hubs and to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (connections with third-party mainline takeaway pipelines. ) Tj ET Q q 0 0 0 rg BT 284.47 160.10 Td (The system consists of 825 miles of pipelines and covers over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (500,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 148.10 Td ( dedicated acres owned by producers, with approximately 200 well-connection sites. ) Tj ET Q q 0 0 0 rg BT 422.49 148.10 Td (The Permian Crude System also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.10 Td (includes two terminals, at Big Spring and Colorado City) Tj ET Q q 0 0 0 rg BT 274.60 136.10 Td (, as well as several truck stations and other operational storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.10 Td (facilities, with an aggregate storage capacity of 1.0 million barrels. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 100.10 Td (Central East System.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.60 100.10 Td ( ) Tj ET Q q 0 0 0 rg BT 135.92 100.10 Td (The Central East System covers a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.21 100.10 Td (4,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.71 100.10 Td ( miles and consists of the East Pipeline, North Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.10 Td (and ) Tj ET Q q 0 0 0 rg BT 66.39 88.10 Td (Ammonia Pipeline. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td (The East Pipeline covers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.64 64.10 Td (2,150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.14 64.10 Td ( miles and transports refined products and natural gas liquids north via pipelines to our terminals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.10 Td (and third-party terminals along the system and to receiving pipeline connections in Kansas. Shippers on the East Pipeline ) Tj ET Q endstream endobj 21 0 obj <> endobj 22 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (obtain refined products from refineries in Kansas, Oklahoma and ) Tj ET Q q 0 0 0 rg BT 312.51 742.10 Td (T) Tj ET Q q 0 0 0 rg BT 317.92 742.10 Td (exas. ) Tj ET Q q 0 0 0 rg BT 340.51 742.10 Td (The East Pipeline system includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 742.10 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 742.10 Td ( truck-loading ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (terminals, with storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.77 730.10 Td (4.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.66 730.10 Td ( barrels and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.80 730.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.80 730.10 Td ( tank farms with storage capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 718.10 Td (1.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.15 718.10 Td ( barrels at McPherson and El Dorado, Kansas. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (The North Pipeline originates at Marathon) Tj ET Q q 0 0 0 rg BT 222.46 694.10 Td (s Mandan, North Dakota refinery and runs from west to east for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.14 694.10 Td (450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.14 694.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (miles to its termination in the Minneapolis, Minnesota area. ) Tj ET Q q 0 0 0 rg BT 291.16 682.10 Td (The North Pipeline system includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.42 682.10 Td (four) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.08 682.10 Td ( truck-loading terminals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (with storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.55 670.10 Td (1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.45 670.10 Td ( barrels.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.05 649.10 Td (2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.55 649.10 Td (-mile ) Tj ET Q q 0 0 0 rg BT 113.60 649.10 Td (Ammonia Pipeline originates in the Louisiana delta area, where it connects to three third-party marine terminals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (and three anhydrous ammonia plants on the Mississippi River) Tj ET Q q 0 0 0 rg BT 296.64 637.10 Td (. ) Tj ET Q q 0 0 0 rg BT 301.46 637.10 Td (The line runs north through Louisiana and ) Tj ET Q q 0 0 0 rg BT 472.26 637.10 Td (Arkansas into ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (Missouri, where at Hermann, Missouri it splits and one branch goes east into Illinois and Indiana, while the other branch ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.10 Td (continues north into Iowa and then turns west into Nebraska. ) Tj ET Q q 0 0 0 rg BT 295.60 613.10 Td (The ) Tj ET Q q 0 0 0 rg BT 313.10 613.10 Td (Ammonia Pipeline is connected to multiple third-party-owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (terminals, which include industrial facility delivery locations. Product is supplied to the pipeline from anhydrous ammonia ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.10 Td (plants in Louisiana and imported product delivered through the marine terminals. ) Tj ET Q q 0 0 0 rg BT 377.14 589.10 Td (Anhydrous ammonia is primarily used as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.10 Td (agricultural fertilizer) Tj ET Q q 0 0 0 rg BT 132.46 577.10 Td (. It is also used as a feedstock to produce other nitrogen derivative fertilizers and explosives.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (Pipeline Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 544.10 Td (e char) Tj ET Q q 0 0 0 rg BT 82.60 544.10 Td (ge tarif) Tj ET Q q 0 0 0 rg BT 111.02 544.10 Td (fs on a per barrel basis for transporting refined products, crude oil and other feedstocks in our refined product ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.10 Td (and crude oil pipelines and on a per ton basis for transporting anhydrous ammonia in the ) Tj ET Q q 0 0 0 rg BT 406.03 532.10 Td (Ammonia Pipeline. Revenues earned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.10 Td (at storage facilities included with these pipeline systems predominately relate to the volumes transported on the pipelines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (through fees included in the respective pipeline tarif) Tj ET Q q 0 0 0 rg BT 258.35 508.10 Td (f. ) Tj ET Q q 0 0 0 rg BT 266.13 508.10 Td (As a result, these storage facilities are included in this segment instead of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (the storage segment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (In general, shippers on our crude oil and refined product pipelines deliver petroleum products to our pipelines for transport to/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (from: \(i\) refineries that connect to our pipelines, \(ii\) third-party pipelines or terminals and \(iii\) our terminals for further delivery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (to marine vessels or pipelines. ) Tj ET Q q 0 0 0 rg BT 173.13 451.10 Td (W) Tj ET Q q 0 0 0 rg BT 181.76 451.10 Td (e char) Tj ET Q q 0 0 0 rg BT 205.73 451.10 Td (ge our shippers tarif) Tj ET Q q 0 0 0 rg BT 285.80 451.10 Td (f rates based on transportation from the origination point on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.10 Td (pipeline to the point of delivery) Tj ET Q q 0 0 0 rg BT 175.71 439.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Our pipelines are subject to federal regulation by one or more of the following governmental agencies: the Federal Ener) Tj ET Q q 0 0 0 rg BT 529.09 418.10 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Regulatory Commission \(the FERC\), the Surface ) Tj ET Q q 0 0 0 rg BT 248.96 406.10 Td (T) Tj ET Q q 0 0 0 rg BT 254.72 406.10 Td (ransportation Board \(the STB\), the Department of ) Tj ET Q q 0 0 0 rg BT 456.70 406.10 Td (T) Tj ET Q q 0 0 0 rg BT 462.46 406.10 Td (ransportation \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (DOT\), the Environmental Protection ) Tj ET Q q 0 0 0 rg BT 198.58 394.10 Td (Agency \(the EP) Tj ET Q q 0 0 0 rg BT 260.98 394.10 Td (A\) and the Department of Homeland Security) Tj ET Q q 0 0 0 rg BT 443.05 394.10 Td (. ) Tj ET Q q 0 0 0 rg BT 447.50 394.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 497.40 394.10 Td (, our pipelines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (are subject to the respective state jurisdictions. See Rate Regulation and Environmental, Health, Safety and Security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (Regulation below for additional discussion.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (The majority of our pipelines are common carrier) Tj ET Q q 0 0 0 rg BT 247.43 349.10 Td (. Common carrier activities are those for which transportation through our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (pipelines is available to any shipper who requests such services and satisfies the conditions and specifications for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (transportation. Published tarif) Tj ET Q q 0 0 0 rg BT 168.96 325.10 Td (fs are \(i\) filed with the FERC for interstate petroleum product shipments, \(ii\) filed with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (relevant state authority for intrastate petroleum product shipments or \(iii\) regulated by the STB for our ) Tj ET Q q 0 0 0 rg BT 462.11 313.10 Td (Ammonia Pipeline. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 292.10 Td (e operate our pipelines remotely through an operational technology system called the Supervisory Control and Data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (Acquisition, or SCADA, system.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (Demand for and Sources of Refined Products and Crude Oil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (Throughputs on our Central ) Tj ET Q q 0 0 0 rg BT 163.69 247.10 Td (W) Tj ET Q q 0 0 0 rg BT 172.33 247.10 Td (est Refined Product Pipelines and the East and North Pipelines depend on the level of demand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (for refined products in the markets served by those pipelines, as well as the ability and willingness of the refiners and marketers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (with access to the pipelines to supply that demand through our pipelines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (The majority of the refined products delivered through the Central ) Tj ET Q q 0 0 0 rg BT 317.51 202.10 Td (W) Tj ET Q q 0 0 0 rg BT 326.15 202.10 Td (est Refined Product Pipelines and the North Pipeline are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (gasoline and diesel fuel that originate at refineries connected to our pipelines. Demand for motor fuels fluctuates as prices for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (these products fluctuate. Prices fluctuate for a variety of reasons, including the overall balance in supply and demand, which is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 166.10 Td (fected by general economic conditions, among other factors. Prices for gasoline and diesel fuel tend to increase in the warm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (weather months when people tend to drive automobiles more often and for longer distances.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.10 Td (Much of the refined products and natural gas liquids delivered through the East Pipeline and a portion of volumes on the North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.10 Td (Pipeline are ultimately used as fuel for railroads, ethanol denaturant or in agricultural operations, including fuel for farm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (equipment, irrigation systems, trucks used for transporting crops and crop-drying facilities. Demand for refined products for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.10 Td (agricultural use, and the relative mix of products required, is af) Tj ET Q q 0 0 0 rg BT 301.95 97.10 Td (fected by weather conditions in the markets served by the East ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.10 Td (and North Pipelines. ) Tj ET Q q 0 0 0 rg BT 134.25 85.10 Td (The agricultural sector is also af) Tj ET Q q 0 0 0 rg BT 262.63 85.10 Td (fected by government agricultural policies and crop prices. ) Tj ET Q q 0 0 0 rg BT 500.04 85.10 Td (Although ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.10 Td (periods of drought suppress agricultural demand for some refined products, particularly those used for fueling farm equipment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.10 Td (the demand for fuel for irrigation systems often increases during such times. ) Tj ET Q q 0 0 0 rg BT 357.24 61.10 Td (The mix of refined products delivered for ) Tj ET Q endstream endobj 23 0 obj <> endobj 24 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.15 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 305.78 31.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (agricultural use varies seasonally) Tj ET Q q 0 0 0 rg BT 181.80 742.10 Td (, with gasoline demand peaking in early summer) Tj ET Q q 0 0 0 rg BT 375.80 742.10 Td (, diesel fuel demand peaking in late summer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (and propane demand higher in the fall. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.10 Td (Our refined product pipelines are also dependent upon adequate levels of production of refined products by refineries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (connected to the pipelines, directly or through connecting pipelines. ) Tj ET Q q 0 0 0 rg BT 323.91 697.10 Td (The refineries are, in turn, dependent upon adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (supplies of suitable grades of crude oil. Certain of our Central ) Tj ET Q q 0 0 0 rg BT 299.75 685.10 Td (W) Tj ET Q q 0 0 0 rg BT 308.39 685.10 Td (est Refined Products Pipelines are subject to long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (throughput agreements with ) Tj ET Q q 0 0 0 rg BT 164.52 673.10 Td (V) Tj ET Q q 0 0 0 rg BT 170.63 673.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 211.81 673.10 Td (gy) Tj ET Q q 0 0 0 rg BT 221.16 673.10 Td (. ) Tj ET Q q 0 0 0 rg BT 225.98 673.10 Td (V) Tj ET Q q 0 0 0 rg BT 232.09 673.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 273.28 673.10 Td (gy refineries connected directly to our pipelines obtain crude oil from a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (variety of foreign and domestic sources. If operations at one of these refineries were discontinued or significantly reduced, it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 178.92 649.10 Td (fect on our operations, although we would endeavor to minimize the impact by seeking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (alternative customers for those pipelines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (The North Pipeline is heavily dependent on Marathon) Tj ET Q q 0 0 0 rg BT 268.00 616.10 Td (s Mandan, North Dakota refinery) Tj ET Q q 0 0 0 rg BT 400.37 616.10 Td (, which primarily runs North Dakota ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (crude oil \(although it has the ability to process other crude oils\), and an interruption in operations at the Marathon refinery ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 178.92 592.10 Td (fect on our operations. ) Tj ET Q q 0 0 0 rg BT 271.21 592.10 Td (The majority of the refined products transported through the East ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (Pipeline are produced at three refineries located at McPherson and El Dorado, Kansas and Ponca City) Tj ET Q q 0 0 0 rg BT 456.44 580.10 Td (, Oklahoma, which are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (operated by CHS Inc., HollyFrontier Corporation and Phillips 66, respectively) Tj ET Q q 0 0 0 rg BT 362.63 568.10 Td (. ) Tj ET Q q 0 0 0 rg BT 367.45 568.10 Td (The East Pipeline also has access to Gulf Coast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (supplies of products through third-party connecting pipelines that receive products originating from Gulf Coast refineries.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (Other than the ) Tj ET Q q 0 0 0 rg BT 109.52 535.10 Td (V) Tj ET Q q 0 0 0 rg BT 115.63 535.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 156.82 535.10 Td (gy refineries and the Marathon refinery described above, if operations at any one refinery were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (discontinued, we believe \(assuming stable demand for refined products in markets served by the refined product pipelines\) that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (the ef) Tj ET Q q 0 0 0 rg BT 72.30 511.10 Td (fects thereof would be short-term in nature and our business would not be materially adversely af) Tj ET Q q 0 0 0 rg BT 461.17 511.10 Td (fected over the long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (term because such discontinued production could be replaced by other refineries or other sources.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (Our crude oil pipelines are dependent on our customers) Tj ET Q q 0 0 0 rg BT 274.18 478.10 Td ( continued access to suf) Tj ET Q q 0 0 0 rg BT 368.97 478.10 Td (ficient crude oil and suf) Tj ET Q q 0 0 0 rg BT 463.76 478.10 Td (ficient demand for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (refined products for our customers to operate their refineries. ) Tj ET Q q 0 0 0 rg BT 296.39 466.10 Td (The supply of crude oil production \(domestic and foreign\) could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (fluctuate with the price of crude oil. Changes in crude oil prices could also af) Tj ET Q q 0 0 0 rg BT 358.33 454.10 Td (fect the exploration and production of shale plays, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (which could af) Tj ET Q q 0 0 0 rg BT 109.24 442.10 Td (fect demand for crude oil pipelines serving those regions, such as our Eagle Ford System and Permian Crude ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (System. However) Tj ET Q q 0 0 0 rg BT 120.70 430.10 Td (, certain of our crude oil pipelines, including the McKee System, are the primary source of crude oil for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (customers) Tj ET Q q 0 0 0 rg BT 93.13 418.10 Td ( refineries. ) Tj ET Q q 0 0 0 rg BT 138.21 418.10 Td (Therefore, these demand-pull pipelines are less af) Tj ET Q q 0 0 0 rg BT 345.99 418.10 Td (fected by changes in crude oil prices.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 397.10 Td (Demand for and Sources of ) Tj ET Q q 0 0 0 rg BT 166.03 397.10 Td (Anhydrous ) Tj ET Q q 0 0 0 rg BT 213.73 397.10 Td (Ammonia) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.50 385.10 Td (Ammonia Pipeline currently is one of two major anhydrous ammonia pipelines in the United States transporting anhydrous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (ammonia into the nation) Tj ET Q q 0 0 0 rg BT 150.26 373.10 Td (s corn belt and the only one with the connectivity to receive products from outside the United States ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (directly into the system.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.10 Td (Throughputs on our ) Tj ET Q q 0 0 0 rg BT 131.39 340.10 Td (Ammonia Pipeline depend on overall demand for nitrogen fertilizer use, the price of natural gas, which is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (the primary component of anhydrous ammonia, and the level of demand for direct application of anhydrous ammonia as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (fertilizer for crop production \(Direct ) Tj ET Q q 0 0 0 rg BT 197.44 316.10 Td (Application\). Demand for Direct ) Tj ET Q q 0 0 0 rg BT 330.45 316.10 Td (Application is dependent on the weather) Tj ET Q q 0 0 0 rg BT 491.39 316.10 Td (, as Direct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (Application is not ef) Tj ET Q q 0 0 0 rg BT 131.75 304.10 Td (fective if the ground is too wet or too dry) Tj ET Q q 0 0 0 rg BT 295.78 304.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (Corn producers have fertilizer alternatives to anhydrous ammonia, such as liquid or dry nitrogen fertilizers. Liquid and dry ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (nitrogen fertilizers are both less sensitive to weather conditions during application but are generally more costly than anhydrous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (ammonia. In addition, anhydrous ammonia has the highest nitrogen content of any nitrogen-derivative fertilizer) Tj ET Q q 0 0 0 rg BT 495.15 259.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (Customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (V) Tj ET Q q 0 0 0 rg BT 56.11 226.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 97.29 226.10 Td (gy) Tj ET Q q 0 0 0 rg BT 106.65 226.10 Td (, the lar) Tj ET Q q 0 0 0 rg BT 136.73 226.10 Td (gest customer of our pipeline segment, accounted for approximately 30% of the total segment revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.96 214.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.54 214.10 Td (. In addition to ) Tj ET Q q 0 0 0 rg BT 264.75 214.10 Td (V) Tj ET Q q 0 0 0 rg BT 270.86 214.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 312.04 214.10 Td (gy) Tj ET Q q 0 0 0 rg BT 321.39 214.10 Td (, our customers include integrated oil companies, refining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (companies, farm cooperatives, railroads and others. No other customer accounted for more than 10% of the total revenues of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (the pipeline segment for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.21 190.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.80 190.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 169.10 Td (Competition and Other Business Considerations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.10 Td (Because pipelines are generally the lowest-cost method for intermediate and long-haul movement of crude oil and refined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.10 Td (products, our more significant competitors are common carrier and proprietary pipelines owned and operated by major ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 133.10 Td (integrated and lar) Tj ET Q q 0 0 0 rg BT 119.79 133.10 Td (ge independent oil companies and other pipeline companies in the areas where we deliver products. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.10 Td (Competition between common carrier pipelines is based primarily on transportation char) Tj ET Q q 0 0 0 rg BT 404.72 121.10 Td (ges, quality of customer service and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.10 Td (proximity to end users. ) Tj ET Q q 0 0 0 rg BT 144.53 109.10 Td (T) Tj ET Q q 0 0 0 rg BT 150.29 109.10 Td (rucks may competitively deliver products in some of the areas served by our pipelines; however) Tj ET Q q 0 0 0 rg BT 533.66 109.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.10 Td (trucking costs render that mode of transportation uncompetitive for longer hauls or lar) Tj ET Q q 0 0 0 rg BT 394.17 97.10 Td (ger volumes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.10 Td (Most of our refined product pipelines and certain of our crude oil pipelines within the Central ) Tj ET Q q 0 0 0 rg BT 426.38 76.10 Td (W) Tj ET Q q 0 0 0 rg BT 435.02 76.10 Td (est System are physically ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.10 Td (integrated with and principally serve refineries owned by ) Tj ET Q q 0 0 0 rg BT 280.85 64.10 Td (V) Tj ET Q q 0 0 0 rg BT 286.96 64.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 328.14 64.10 Td (gy) Tj ET Q q 0 0 0 rg BT 337.50 64.10 Td (. ) Tj ET Q q 0 0 0 rg BT 341.94 64.10 Td (As a result, we do not believe that we will face ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 52.10 Td (significant competition for transportation services provided to the ) Tj ET Q q 0 0 0 rg BT 314.75 52.10 Td (V) Tj ET Q q 0 0 0 rg BT 320.86 52.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 362.05 52.10 Td (gy refineries we serve.) Tj ET Q endstream endobj 25 0 obj <> endobj 26 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Certain of our crude oil pipelines serve areas and/or refineries that are af) Tj ET Q q 0 0 0 rg BT 339.69 742.10 Td (fected by domestic shale oil production in the Eagle ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (Ford, Permian Basin and Granite ) Tj ET Q q 0 0 0 rg BT 184.24 730.10 Td (W) Tj ET Q q 0 0 0 rg BT 192.88 730.10 Td (ash regions. Our pipelines also face competition from other crude oil pipelines and truck ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (transportation in these regions. However) Tj ET Q q 0 0 0 rg BT 212.06 718.10 Td (, some of that exposure is mitigated through our long-term contracts and minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (volume commitments with creditworthy customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (The East and North Pipelines compete with an independent common carrier pipeline system owned by Magellan Midstream ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (Partners, L.P) Tj ET Q q 0 0 0 rg BT 100.83 673.10 Td (. \(Magellan\) that operates approximately 100 miles east of and parallel to the East Pipeline and in close proximity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (to the North Pipeline. Certain of the East Pipeline) Tj ET Q q 0 0 0 rg BT 251.35 661.10 Td (s and the North Pipeline) Tj ET Q q 0 0 0 rg BT 350.78 661.10 Td (s delivery terminals are in direct competition with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (Magellan) Tj ET Q q 0 0 0 rg BT 90.54 649.10 Td (s terminals. Competition with Magellan is based primarily on transportation char) Tj ET Q q 0 0 0 rg BT 413.91 649.10 Td (ges, quality of customer service and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (proximity to end users. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.10 Td (Competitors of the ) Tj ET Q q 0 0 0 rg BT 126.94 616.10 Td (Ammonia Pipeline include the other major anhydrous ammonia pipeline, also owned by Magellan, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (originates in Oklahoma and ) Tj ET Q q 0 0 0 rg BT 163.13 604.10 Td (T) Tj ET Q q 0 0 0 rg BT 168.54 604.10 Td (exas and terminates in Minnesota. ) Tj ET Q q 0 0 0 rg BT 307.21 604.10 Td (The competing pipeline has the same Direct ) Tj ET Q q 0 0 0 rg BT 485.21 604.10 Td (Application ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (demand and weather issues as the ) Tj ET Q q 0 0 0 rg BT 186.63 592.10 Td (Ammonia Pipeline but is restricted to domestically produced anhydrous ammonia. On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (January 31, 2019, Magellan announced its plans to discontinue commercial operations of its ammonia pipeline in late 2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (Midwest production facilities, nitrogen fertilizer substitutes and bar) Tj ET Q q 0 0 0 rg BT 319.75 568.10 Td (ge and railroad transportation also compete with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (Ammonia Pipeline under certain market conditions.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 535.10 Td (ST) Tj ET Q q 0 0 0 rg BT 61.49 535.10 Td (ORAGE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (Our storage segment consists of facilities that provide storage, handling and other services for petroleum products, crude oil, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (specialty chemicals and other liquids. On November 30, 2018, we sold our European operations, including six liquids storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (terminals in the United Kingdom and one facility in ) Tj ET Q q 0 0 0 rg BT 259.13 499.10 Td (Amsterdam, with total storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.61 499.10 Td (9.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.50 499.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (barrels. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.84 487.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.84 487.10 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (Supplementary Data for further discussion of the sale.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.10 Td ( ) Tj ET Q q 0 0 0 rg BT 51.95 458.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.39 458.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.98 458.10 Td (, we owned and operated:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 443.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 443.10 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.00 443.10 Td ( terminal and storage facilities in the United States and one terminal in Nuevo Laredo, Mexico, with total storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 431.10 Td (capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.64 431.10 Td (53.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.53 431.10 Td ( barrels;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 416.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 416.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.67 416.10 Td ( terminal on the island of St. Eustatius with tank capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.56 416.10 Td (14.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.46 416.10 Td ( barrels and a transshipment facility; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 401.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 401.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.67 401.10 Td ( terminal located in Point ) Tj ET Q q 0 0 0 rg BT 196.08 401.10 Td (T) Tj ET Q q 0 0 0 rg BT 201.83 401.10 Td (upper) Tj ET Q q 0 0 0 rg BT 224.20 401.10 Td (, Canada with tank capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.32 401.10 Td (7.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.22 401.10 Td ( barrels and a transshipment facility) Tj ET Q q 0 0 0 rg BT 534.57 401.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 377.10 Td (The following table sets forth information about our terminal and storage facilities as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.79 377.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.37 377.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 338.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 338.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 308.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 308.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 278.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 248.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 248.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 218.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 218.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 188.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 188.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 158.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 158.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 128.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 128.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 98.60 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 98.60 64.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 98.60000000000002 m 562.5 98.60000000000002 l s BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 53 355.64633789062503 m 81.99072265625 355.64633789062503 l s q 0 0 0 rg BT 53.00 357.05 Td (Facility) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 501.75 355.64633789062503 m 558.1845703125 355.64633789062503 l s q 0 0 0 rg BT 501.75 357.05 Td (T) Tj ET Q q 0 0 0 rg BT 506.93 357.05 Td (ank Capacity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 342.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 515.75 342.85 Td (\(Barrels\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 329.17 Td (Colorado Springs, CO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 328.27 Td (328,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 314.17 Td (Denver) Tj ET Q q 0 0 0 rg BT 82.23 314.17 Td (, CO) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 313.27 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 313.27 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 299.17 Td (Albuquerque, NM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 298.27 Td (251,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 284.17 Td (Rosario, NM) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 283.27 Td (166,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 269.17 Td (Catoosa, OK) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 268.27 Td (358,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 254.17 Td (Abernathy) Tj ET Q q 0 0 0 rg BT 94.88 254.17 Td (, ) Tj ET Q q 0 0 0 rg BT 99.47 254.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 253.27 Td (160,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 239.17 Td (Amarillo, ) Tj ET Q q 0 0 0 rg BT 94.01 239.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 238.27 Td (269,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 224.17 Td (Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 116.53 224.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 223.27 Td (491,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 209.17 Td (Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 116.53 209.17 Td (TX \(North Beach\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 208.27 Td (3,339,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 194.17 Td (Edinbur) Tj ET Q q 0 0 0 rg BT 85.13 194.17 Td (g, ) Tj ET Q q 0 0 0 rg BT 94.95 194.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 193.27 Td (340,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 179.17 Td (El Paso, ) Tj ET Q q 0 0 0 rg BT 88.19 179.17 Td (TX \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 178.27 Td (419,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 164.17 Td (Harlingen, ) Tj ET Q q 0 0 0 rg BT 97.90 164.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 163.27 Td (286,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 149.17 Td (Laredo, ) Tj ET Q q 0 0 0 rg BT 86.23 149.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 148.27 Td (215,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 134.17 Td (San ) Tj ET Q q 0 0 0 rg BT 70.22 134.17 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 107.64 134.17 Td (TX \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 133.27 Td (375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 119.17 Td (Southlake, ) Tj ET Q q 0 0 0 rg BT 97.90 119.17 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 118.27 Td (569,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 104.17 Td (Nuevo Laredo, Mexico) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 103.27 Td (35,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 89.33 Td (Central ) Tj ET Q q 0 0 0 rg BT 94.09 89.33 Td (W) Tj ET Q q 0 0 0 rg BT 103.54 89.33 Td (est ) Tj ET Q q 0 0 0 rg BT 117.52 89.33 Td (T) Tj ET Q q 0 0 0 rg BT 123.27 89.33 Td (erminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 88.27 Td (7,71) Tj ET Q q 0 0 0 rg BT 536.15 88.27 Td (1,000) Tj ET Q endstream endobj 27 0 obj <> endobj 28 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (13) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 717.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 717.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 687.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 687.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 657.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 657.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 627.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 627.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 597.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 597.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 567.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 567.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 537.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 537.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 507.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 507.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 477.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 447.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 447.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 417.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 417.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 387.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 387.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 357.50 448.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 357.50 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 331.50 448.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 331.50 64.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 305.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 305.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 275.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 275.50 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 245.50 448.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 245.50 64.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 657.5 m 562.5 657.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 642.5 m 562.5 642.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 522.5 m 562.5 522.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 507.5 m 562.5 507.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 387.5 m 562.5 387.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 372.5 m 562.5 372.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 318.5 m 562.5 318.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 305.5 m 562.5 305.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 260.5 m 562.5 260.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 245.5 m 562.5 245.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 230.5 m 562.5 230.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 216.5 m 562.5 216.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 214.5 m 562.5 214.5 l s BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 53 735.546337890625 m 81.99072265625 735.546337890625 l s q 0 0 0 rg BT 53.00 736.95 Td (Facility) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 501.75 735.546337890625 m 558.1845703125 735.546337890625 l s q 0 0 0 rg BT 501.75 736.95 Td (T) Tj ET Q q 0 0 0 rg BT 506.93 736.95 Td (ank Capacity) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 721.75 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 515.75 721.75 Td (\(Barrels\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 708.07 Td (Jacksonville, FL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 707.17 Td (2,593,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 693.07 Td (St. James, LA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 692.17 Td (9,917,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 678.07 Td (Houston, ) Tj ET Q q 0 0 0 rg BT 91.80 678.07 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 677.17 Td (86,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 663.07 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 663.07 Td (exas City) Tj ET Q q 0 0 0 rg BT 95.58 663.07 Td (, ) Tj ET Q q 0 0 0 rg BT 100.17 663.07 Td (TX \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 662.17 Td (2,964,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 648.23 Td (Gulf Coast ) Tj ET Q q 0 0 0 rg BT 107.80 648.23 Td (T) Tj ET Q q 0 0 0 rg BT 113.92 648.23 Td (erminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 647.17 Td (15,560,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 618.07 Td (Blue Island, IL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 617.17 Td (690,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 603.07 Td (Andrews ) Tj ET Q q 0 0 0 rg BT 91.33 603.07 Td (AFB, MD \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 602.17 Td (75,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 588.07 Td (Baltimore, MD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 587.17 Td (813,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 573.07 Td (Piney Point, MD) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 572.17 Td (5,402,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 558.07 Td (Linden, NJ \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 557.17 Td (5,134,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 543.07 Td (Paulsboro, NJ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 542.17 Td (74,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 528.07 Td (V) Tj ET Q q 0 0 0 rg BT 59.92 528.07 Td (ir) Tj ET Q q 0 0 0 rg BT 65.64 528.07 Td (ginia Beach, ) Tj ET Q q 0 0 0 rg BT 117.94 528.07 Td (V) Tj ET Q q 0 0 0 rg BT 124.43 528.07 Td (A) Tj ET Q q 0 0 0 rg BT 130.73 528.07 Td ( \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 527.17 Td (41,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 513.23 Td (North East ) Tj ET Q q 0 0 0 rg BT 108.35 513.23 Td (T) Tj ET Q q 0 0 0 rg BT 114.47 513.23 Td (erminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 512.17 Td (12,229,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 483.07 Td (Los ) Tj ET Q q 0 0 0 rg BT 70.22 483.07 Td (Angeles, CA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 482.17 Td (608,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 468.07 Td (Pittsbur) Tj ET Q q 0 0 0 rg BT 84.03 468.07 Td (g, CA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 467.17 Td (398,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 453.07 Td (Selby) Tj ET Q q 0 0 0 rg BT 75.45 453.07 Td (, CA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 452.17 Td (3,074,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 438.07 Td (Stockton, CA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 437.17 Td (816,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 423.07 Td (Portland, OR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 422.17 Td (1,345,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 408.07 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 408.07 Td (acoma, ) Tj ET Q q 0 0 0 rg BT 89.41 408.07 Td (W) Tj ET Q q 0 0 0 rg BT 98.21 408.07 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 407.17 Td (391,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 393.07 Td (V) Tj ET Q q 0 0 0 rg BT 59.67 393.07 Td (ancouver) Tj ET Q q 0 0 0 rg BT 95.56 393.07 Td (, ) Tj ET Q q 0 0 0 rg BT 100.27 393.07 Td (W) Tj ET Q q 0 0 0 rg BT 109.06 393.07 Td (A) Tj ET Q q 0 0 0 rg BT 115.45 393.07 Td ( \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 392.17 Td (774,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 378.23 Td (W) Tj ET Q q 0 0 0 rg BT 68.72 378.23 Td (est Coast ) Tj ET Q q 0 0 0 rg BT 109.46 378.23 Td (T) Tj ET Q q 0 0 0 rg BT 115.58 378.23 Td (erminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 377.17 Td (7,406,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 348.07 Td (Benicia, CA) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 348.07 Td (3,683,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 335.07 Td (Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 116.53 335.07 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 335.07 Td (4,030,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 322.07 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 322.07 Td (exas City) Tj ET Q q 0 0 0 rg BT 95.58 322.07 Td (, ) Tj ET Q q 0 0 0 rg BT 100.17 322.07 Td (TX) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 322.07 Td (3,141,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 309.23 Td (Refinery Storage ) Tj ET Q q 0 0 0 rg BT 133.89 309.23 Td (T) Tj ET Q q 0 0 0 rg BT 140.01 309.23 Td (anks) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 309.07 Td (10,854,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 281.07 Td (St. Eustatius, the Netherlands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 280.17 Td (14,256,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 266.07 Td (Point ) Tj ET Q q 0 0 0 rg BT 76.44 266.07 Td (T) Tj ET Q q 0 0 0 rg BT 82.19 266.07 Td (upper) Tj ET Q q 0 0 0 rg BT 104.56 266.07 Td (, Canada) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 265.17 Td (7,778,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.00 251.23 Td (International ) Tj ET Q q 0 0 0 rg BT 117.99 251.23 Td (T) Tj ET Q q 0 0 0 rg BT 123.74 251.23 Td (erminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 250.17 Td (22,034,000) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 221.23 Td (T) Tj ET Q q 0 0 0 rg BT 76.75 221.23 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 220.17 Td (75,794,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 564.00 216.00 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 202.20 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 202.20 Td (W) Tj ET Q q 0 0 0 rg BT 93.77 202.20 Td (e own a 67% undivided interest in the El Paso refined product terminal. ) Tj ET Q q 0 0 0 rg BT 353.54 202.20 Td (The tank capacity represents the proportionate share of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 191.45 Td (capacity attributable to our ownership interest.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 177.65 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 177.65 Td (Location includes two terminal facilities.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 163.85 Td (\(c\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 163.85 Td (T) Tj ET Q q 0 0 0 rg BT 90.87 163.85 Td (erminal facility also includes pipelines to U.S. government military base locations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 137.85 Td (Description of Major T) Tj ET Q q 0 0 0 rg BT 144.36 137.85 Td (erminal Facilities) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 125.85 Td (St. Eustatius.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.50 125.85 Td ( ) Tj ET Q q 0 0 0 rg BT 104.82 125.85 Td (W) Tj ET Q q 0 0 0 rg BT 113.46 125.85 Td (e own and operate a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.92 125.85 Td (14.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.81 125.85 Td ( barrel petroleum storage and terminalling facility located on the island of St. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 113.85 Td (Eustatius in the Caribbean Netherlands, which is located at a point of minimal deviation from major shipping routes. ) Tj ET Q q 0 0 0 rg BT 518.60 113.85 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 101.85 Td (facility is capable of handling a wide range of petroleum products, including crude oil and refined products, and it has the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 89.85 Td (capability to load or unload up to three vessels at a time, including heavily laden ultra lar) Tj ET Q q 0 0 0 rg BT 405.55 89.85 Td (ge crude carriers, or ULCCs. ) Tj ET Q q 0 0 0 rg BT 523.38 89.85 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 77.85 Td (facility has a two-berth jetty) Tj ET Q q 0 0 0 rg BT 162.09 77.85 Td (, a two-berth monopile with platform and buoy systems, a floating hose station and an of) Tj ET Q q 0 0 0 rg BT 516.56 77.85 Td (fshore ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 65.85 Td (single point mooring \(SPM\) buoy with the ability to load and unload two dif) Tj ET Q q 0 0 0 rg BT 355.63 65.85 Td (ferent products at the SPM and segregate various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 53.85 Td (grades of crude and fuel oil to and from the SPM. ) Tj ET Q q 0 0 0 rg BT 250.88 53.85 Td (The fuel oil and petroleum product facilities have in-tank and in-line ) Tj ET Q endstream endobj 29 0 obj <> endobj 30 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (blending capabilities, while the crude tanks have tank-to-tank blending capability and in-tank mixers. In addition to the storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (and blending services at St. Eustatius, this facility has the flexibility to utilize certain storage capacity for both feedstock and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (refined products to support our atmospheric distillation unit, which is capable of handling up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.81 718.10 Td (25,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.31 718.10 Td ( barrels per day of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (feedstock, ranging from condensates to heavy crude oil. ) Tj ET Q q 0 0 0 rg BT 275.85 706.10 Td (W) Tj ET Q q 0 0 0 rg BT 284.49 706.10 Td (e own and operate all of the berthing facilities at the St. Eustatius ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (terminal. Separate fees apply for use of the berthing facilities, as well as associated services, including pilotage, tug assistance, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (line handling, launch service, emer) Tj ET Q q 0 0 0 rg BT 189.77 682.10 Td (gency response services and other ship services.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (Refinery Storage T) Tj ET Q q 0 0 0 rg BT 124.62 658.10 Td (anks. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.95 658.10 Td (W) Tj ET Q q 0 0 0 rg BT 156.59 658.10 Td (e own and operate crude oil storage tanks with an aggregate storage capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.46 658.10 Td (10.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.35 658.10 Td ( barrels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (that are physically integrated with and serve refineries owned by ) Tj ET Q q 0 0 0 rg BT 310.83 646.10 Td (V) Tj ET Q q 0 0 0 rg BT 316.95 646.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 358.13 646.10 Td (gy at Corpus Christi and ) Tj ET Q q 0 0 0 rg BT 458.22 646.10 Td (T) Tj ET Q q 0 0 0 rg BT 463.63 646.10 Td (exas City) Tj ET Q q 0 0 0 rg BT 500.48 646.10 Td (, ) Tj ET Q q 0 0 0 rg BT 505.30 646.10 Td (TX and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Benicia, CA. Ef) Tj ET Q q 0 0 0 rg BT 113.69 634.10 Td (fective January 1, 2017, we lease our refinery storage tanks to ) Tj ET Q q 0 0 0 rg BT 363.70 634.10 Td (V) Tj ET Q q 0 0 0 rg BT 369.81 634.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 410.99 634.10 Td (gy in exchange for a fixed fee, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (whereas we previously earned fees based upon throughput.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 601.10 Td (St. James, Louisiana.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.28 601.10 Td ( Our St. James terminal, which is located on the Mississippi River near St. James, Louisiana, has a total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 589.10 Td (storage capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.02 589.10 Td (9.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.91 589.10 Td ( barrels. ) Tj ET Q q 0 0 0 rg BT 206.44 589.10 Td (The facility is located on almost ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.51 589.10 Td (900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.51 589.10 Td ( acres of land, some of which is undeveloped. ) Tj ET Q q 0 0 0 rg BT 537.55 589.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 577.10 Td (majority of the storage tanks and infrastructure are suited for light crude oil, with certain of the tanks capable of fuel oil or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.10 Td (heated crude oil storage. ) Tj ET Q q 0 0 0 rg BT 149.68 565.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 199.58 565.10 Td (, the facility has one bar) Tj ET Q q 0 0 0 rg BT 295.48 565.10 Td (ge dock and two ship docks. Our St. James terminal is connected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.10 Td (to \(i\) of) Tj ET Q q 0 0 0 rg BT 80.37 553.10 Td (fshore pipelines in the Gulf of Mexico, \(ii\) long-haul pipelines that can receive crude oil from the Eagle Ford, Permian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.10 Td (and other domestic shale plays, and \(iii\) pipelines to refineries in the Gulf Coast and Midwest. ) Tj ET Q q 0 0 0 rg BT 429.17 541.10 Td (The St. James terminal also has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.10 Td (two unit train rail facilities and a manifest rail facility that are served by the Union Pacific Railroad and have a combined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 517.10 Td (capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.90 517.10 Td (200,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.40 517.10 Td ( barrels per day) Tj ET Q q 0 0 0 rg BT 250.66 517.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 496.10 Td (Point T) Tj ET Q q 0 0 0 rg BT 79.17 496.10 Td (upper) Tj ET Q q 0 0 0 rg BT 101.40 496.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.90 496.10 Td ( ) Tj ET Q q 0 0 0 rg BT 106.22 496.10 Td (W) Tj ET Q q 0 0 0 rg BT 114.85 496.10 Td (e own and operate a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.31 496.10 Td (7.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.21 496.10 Td ( barrel terminalling and storage facility located at Point ) Tj ET Q q 0 0 0 rg BT 464.56 496.10 Td (T) Tj ET Q q 0 0 0 rg BT 470.32 496.10 Td (upper on the Strait of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.10 Td (Canso, near Port Hawkesbury) Tj ET Q q 0 0 0 rg BT 168.77 484.10 Td (, Nova Scotia. ) Tj ET Q q 0 0 0 rg BT 227.74 484.10 Td (This facility is the deepest independent, ice-free marine terminal on the North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 472.10 Td (American ) Tj ET Q q 0 0 0 rg BT 91.37 472.10 Td (Atlantic coast, with access to the East Coast, Canada and the Midwestern United States via the St. Lawrence Seaway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 460.10 Td (and the Great Lakes system. ) Tj ET Q q 0 0 0 rg BT 165.34 460.10 Td (W) Tj ET Q q 0 0 0 rg BT 174.38 460.10 Td (ith one of the premier jetty facilities in North ) Tj ET Q q 0 0 0 rg BT 356.27 460.10 Td (America, the Point ) Tj ET Q q 0 0 0 rg BT 433.85 460.10 Td (T) Tj ET Q q 0 0 0 rg BT 439.60 460.10 Td (upper facility can ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.10 Td (accommodate heavily laden ULCCs for loading and dischar) Tj ET Q q 0 0 0 rg BT 289.47 448.10 Td (ging crude oil, petroleum products and petrochemicals. Crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.10 Td (and petroleum product movements at the terminal are fully automated. Separate fees apply for use of the jetty facility) Tj ET Q q 0 0 0 rg BT 518.35 436.10 Td (, as well ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 424.10 Td (as associated services, including pilotage, tug assistance, line handling, launch service, emer) Tj ET Q q 0 0 0 rg BT 419.15 424.10 Td (gency response services and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 412.10 Td (ship services \(all of which are considered optional services\). ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (Linden, New Jersey) Tj ET Q q 0 0 0 rg BT 128.04 391.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.04 391.10 Td (Our Linden terminal facility includes two terminals that provide deep-water terminalling capabilities in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (New ) Tj ET Q q 0 0 0 rg BT 71.01 379.10 Td (Y) Tj ET Q q 0 0 0 rg BT 77.23 379.10 Td (ork Harbor and primarily stores petroleum products, including gasoline, jet fuel and fuel oils. ) Tj ET Q q 0 0 0 rg BT 452.24 379.10 Td (The two terminals have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (total storage capacity of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.29 367.10 Td (5.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.18 367.10 Td ( barrels and can receive and deliver products via ship, bar) Tj ET Q q 0 0 0 rg BT 422.18 367.10 Td (ge and pipeline. ) Tj ET Q q 0 0 0 rg BT 488.09 367.10 Td (The terminal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (facility also has two docks.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (Corpus Christi North Beach. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.07 331.10 Td (W) Tj ET Q q 0 0 0 rg BT 176.70 331.10 Td (e own and operate a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.17 331.10 Td (3.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.06 331.10 Td ( barrel crude oil storage and terminalling facility located at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (Port of Corpus Christi in ) Tj ET Q q 0 0 0 rg BT 151.22 319.10 Td (T) Tj ET Q q 0 0 0 rg BT 156.63 319.10 Td (exas. ) Tj ET Q q 0 0 0 rg BT 179.21 319.10 Td (The facility supports our South ) Tj ET Q q 0 0 0 rg BT 305.96 319.10 Td (T) Tj ET Q q 0 0 0 rg BT 311.37 319.10 Td (exas Crude System and is also connected to a third-party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.10 Td (pipeline system, providing our customers with the flexibility to segregate and deliver crude oil and processed condensate. ) Tj ET Q q 0 0 0 rg BT 538.30 307.10 Td (This ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (facility has access to four docks, including two private docks, and can load crude oil onto ships simultaneously on all four ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.10 Td (docks. ) Tj ET Q q 0 0 0 rg BT 78.15 283.10 Td (This includes exclusive-use access to the Port of Corpus Christi) Tj ET Q q 0 0 0 rg BT 335.61 283.10 Td (s newest crude oil dock, which was completed in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (September 2018 and is able to accommodate ) Tj ET Q q 0 0 0 rg BT 230.78 271.10 Td (Aframax-class vessels. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (Storage Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 235.10 Td (e generate storage segment revenues through fees for tank storage agreements, whereby a customer agrees to pay for a certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (amount of storage in a tank over a period of time \(storage terminal revenues\), and throughput agreements, whereby a customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.10 Td (pays a fee per barrel for volumes moving through our terminals \(throughput terminal revenues\). Our terminals also provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 199.10 Td (blending, additive injections, handling and filtering services for which we char) Tj ET Q q 0 0 0 rg BT 364.73 199.10 Td (ge additional fees. ) Tj ET Q q 0 0 0 rg BT 440.07 199.10 Td (W) Tj ET Q q 0 0 0 rg BT 448.71 199.10 Td (e lease our Refinery Storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 187.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 187.10 Td (anks to ) Tj ET Q q 0 0 0 rg BT 86.34 187.10 Td (V) Tj ET Q q 0 0 0 rg BT 92.45 187.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 133.63 187.10 Td (gy in exchange for a fixed fee. Certain of our facilities char) Tj ET Q q 0 0 0 rg BT 370.57 187.10 Td (ge fees to provide marine services, such as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 175.10 Td (pilotage, tug assistance, line handling, launch service, emer) Tj ET Q q 0 0 0 rg BT 287.24 175.10 Td (gency response services and other ship services.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (Demand for Refined Products and Crude Oil) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (The operations of our refined product terminals depend in lar) Tj ET Q q 0 0 0 rg BT 294.46 142.10 Td (ge part on the level of demand for products stored in our terminals ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (in the markets served by those assets. ) Tj ET Q q 0 0 0 rg BT 202.01 130.10 Td (The majority of products stored in our terminals are refined products. Demand for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (terminalling services will generally increase or decrease with demand for refined products, and demand for refined products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (tends to increase or decrease with the relative strength of the economy) Tj ET Q q 0 0 0 rg BT 330.63 106.10 Td (. In addition, the forward pricing curve can have an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (impact on demand. For example, in a contango market \(when the price of a commodity is expected to exceed current prices\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (demand for storage services will generally increase. ) Tj ET Q endstream endobj 31 0 obj <> endobj 32 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Crude oil delivered to our St. James and Corpus Christi North Beach terminals will generally increase or decrease with crude ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (oil production rates in the Bakken, Permian and Eagle Ford shale plays. In addition, the market price relationship between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (various grades of crude oil impacts the demand for our unit train facilities at our St. James terminal.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (Customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 685.10 Td (e provide storage and terminalling services for crude oil and refined products to many of the world) Tj ET Q q 0 0 0 rg BT 456.29 685.10 Td (s lar) Tj ET Q q 0 0 0 rg BT 473.05 685.10 Td (gest producers of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (crude oil, integrated oil companies, chemical companies, oil traders and refiners. In addition, our blending capabilities in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.10 Td (storage assets have attracted customers who have leased capacity primarily for blending purposes. ) Tj ET Q q 0 0 0 rg BT 444.68 661.10 Td (V) Tj ET Q q 0 0 0 rg BT 450.80 661.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 491.98 661.10 Td (gy) Tj ET Q q 0 0 0 rg BT 501.33 661.10 Td (, the lar) Tj ET Q q 0 0 0 rg BT 531.41 661.10 Td (gest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.10 Td (customer of our storage segment, accounted for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.97 649.10 Td (20%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.30 649.10 Td ( of the total revenues of the segment for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 637.10 Td (. No other customer accounted for more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.46 637.10 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.79 637.10 Td ( of the total revenues of the storage segment for the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 625.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 625.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 604.10 Td (Competition and Other Business Considerations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.10 Td (Many major ener) Tj ET Q q 0 0 0 rg BT 118.68 592.10 Td (gy and chemical companies own extensive terminal storage facilities. ) Tj ET Q q 0 0 0 rg BT 398.03 592.10 Td (Although such terminals often have the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.10 Td (same capabilities as terminals owned by independent operators, they generally do not provide terminalling services to third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.10 Td (parties. In many instances, major ener) Tj ET Q q 0 0 0 rg BT 201.71 568.10 Td (gy and chemical companies that own storage and terminalling facilities are also ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 556.10 Td (significant customers of independent terminal operators. Such companies typically have strong demand for terminals owned by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 544.10 Td (independent operators when independent terminals have more cost-ef) Tj ET Q q 0 0 0 rg BT 327.77 544.10 Td (fective locations near key transportation links, such as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 532.10 Td (deep-water ports. Major ener) Tj ET Q q 0 0 0 rg BT 165.88 532.10 Td (gy and chemical companies also need independent terminal storage when their owned storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 520.10 Td (facilities are inadequate, either because of size constraints, the nature of the stored material or specialized handling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.10 Td (requirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (Independent terminal owners generally compete on the basis of the location and versatility of terminals, service and price. ) Tj ET Q q 0 0 0 rg BT 539.83 487.10 Td (A) Tj ET Q q 0 0 0 rg BT 546.50 487.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (favorably located terminal will have access to various cost-ef) Tj ET Q q 0 0 0 rg BT 294.72 475.10 Td (fective transportation modes both to and from the terminal. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 463.10 Td (ransportation modes typically include waterways, railroads, roadways and pipelines. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 442.10 Td (erminal versatility is a function of the operator) Tj ET Q q 0 0 0 rg BT 242.11 442.10 Td () Tj ET Q q 0 0 0 rg BT 244.89 442.10 Td (s ability to of) Tj ET Q q 0 0 0 rg BT 297.76 442.10 Td (fer complex handling requirements for diverse products. ) Tj ET Q q 0 0 0 rg BT 525.28 442.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (services typically provided by the terminal include, among other things, the safe storage of the product at specified temperature, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (moisture and other conditions, as well as receipt at and delivery from the terminal, all of which must comply with applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (environmental regulations. ) Tj ET Q q 0 0 0 rg BT 159.14 406.10 Td (A) Tj ET Q q 0 0 0 rg BT 165.81 406.10 Td ( terminal operator) Tj ET Q q 0 0 0 rg BT 237.82 406.10 Td () Tj ET Q q 0 0 0 rg BT 240.60 406.10 Td (s ability to obtain attractive pricing is often dependent on the quality) Tj ET Q q 0 0 0 rg BT 513.49 406.10 Td (, versatility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (and reputation of the facilities owned by the operator) Tj ET Q q 0 0 0 rg BT 261.60 394.10 Td (. ) Tj ET Q q 0 0 0 rg BT 266.04 394.10 Td (Although many products require modest terminal modification, operators ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (with versatile storage capabilities typically require less modification prior to usage, ultimately making the storage cost to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (customer more attractive.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (Our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 160.93 349.10 Td (T) Tj ET Q q 0 0 0 rg BT 166.69 349.10 Td (upper terminals have historically functioned as break bulk facilities, which handled imports of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (light crude from foreign sources into the U.S.to satisfy U.S. East Coast and Gulf Coast refinery demand for light crude.Light ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (crude suppliers brought the crude from the Middle East and other foreign regions on very lar) Tj ET Q q 0 0 0 rg BT 420.54 325.10 Td (ge ships, which are ef) Tj ET Q q 0 0 0 rg BT 507.28 325.10 Td (ficient for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (long routes. ) Tj ET Q q 0 0 0 rg BT 99.54 313.10 Td (These lar) Tj ET Q q 0 0 0 rg BT 136.28 313.10 Td (ge ships, due to draft constraints, are unable to navigate far enough inland to deliver directly to most U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (ports, which necessitates unloading these ships to storage and subsequent loading onto smaller ships that can bring the crude to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (the refiners, a process referred to as break bulk. Both terminals are well-located to provide this service.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (As the supply of light crude from various U.S. shale formations has increased, U.S. demand for foreign light crude oil, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (particularly on the U.S. Gulf Coast, has dropped. ) Tj ET Q q 0 0 0 rg BT 248.12 256.10 Td (This reduced demand for imported light crude has, in turn, changed oil trade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (flow patterns around the world, thereby depressing the demand for break-bulk services. Our St. Eustatius terminal) Tj ET Q q 0 0 0 rg BT 508.76 244.10 Td (s location is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.10 Td (well-suited to consolidate heavy oil car) Tj ET Q q 0 0 0 rg BT 206.71 232.10 Td (gos from the small ships used to move heavy crude, from Latin ) Tj ET Q q 0 0 0 rg BT 461.39 232.10 Td (America and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.10 Td (origins, of) Tj ET Q q 0 0 0 rg BT 90.93 220.10 Td (f shore to a lar) Tj ET Q q 0 0 0 rg BT 148.50 220.10 Td (ge vessel for more ef) Tj ET Q q 0 0 0 rg BT 232.17 220.10 Td (ficient transport for long routes, a process referred to as build bulk, primarily to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.10 Td (Asia.However) Tj ET Q q 0 0 0 rg BT 109.58 208.10 Td (, recently) Tj ET Q q 0 0 0 rg BT 146.13 208.10 Td (, the combination of oversupply of storage capacity) Tj ET Q q 0 0 0 rg BT 350.98 208.10 Td (, decreased demand from backwardated markets, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.10 Td (reduced North ) Tj ET Q q 0 0 0 rg BT 109.42 196.10 Td (American crude imports and lower than expected growth in production in Latin ) Tj ET Q q 0 0 0 rg BT 429.33 196.10 Td (America has depressed storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (rates in the region.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 163.10 Td (e may face increased competition from new and/or expanding terminals near our locations, if those facilities of) Tj ET Q q 0 0 0 rg BT 501.91 163.10 Td (fer either ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.10 Td (break-bulk or build-bulk services, as demanded by the applicable oil trade flows, now and in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (Our crude oil refinery storage tanks are physically integrated with and serve refineries owned by ) Tj ET Q q 0 0 0 rg BT 438.29 130.10 Td (V) Tj ET Q q 0 0 0 rg BT 444.40 130.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 485.58 130.10 Td (gy) Tj ET Q q 0 0 0 rg BT 494.93 130.10 Td (. ) Tj ET Q q 0 0 0 rg BT 499.38 130.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 549.28 130.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (we have entered into various agreements with ) Tj ET Q q 0 0 0 rg BT 235.59 118.10 Td (V) Tj ET Q q 0 0 0 rg BT 241.70 118.10 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 282.88 118.10 Td (gy governing the usage of these tanks. ) Tj ET Q q 0 0 0 rg BT 437.85 118.10 Td (As a result, we believe that we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (will not face significant competition for our services provided to those refineries.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (FUELS MARKETING) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (The fuels marketing segment includes our bunkering operations at our St. Eustatius and ) Tj ET Q q 0 0 0 rg BT 402.52 70.10 Td (T) Tj ET Q q 0 0 0 rg BT 407.93 70.10 Td (exas City terminals, as well as certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (of our blending operations. ) Tj ET Q q 0 0 0 rg BT 160.63 58.10 Td (The results of operations for the fuels marketing segment depend lar) Tj ET Q q 0 0 0 rg BT 433.70 58.10 Td (gely on the mar) Tj ET Q q 0 0 0 rg BT 496.00 58.10 Td (gin between our ) Tj ET Q endstream endobj 33 0 obj <> endobj 34 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (cost and the sales prices of the products we market. ) Tj ET Q q 0 0 0 rg BT 257.81 742.10 Td (Therefore, the results of operations for this segment are more sensitive to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (changes in commodity prices compared to the operations of the pipeline and storage segments. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Customers for our bunker fuel sales are mainly ship owners, including cruise line companies. In the sale of bunker fuel, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (compete with ports of) Tj ET Q q 0 0 0 rg BT 137.30 694.10 Td (fering bunker fuels that are along the route of travel of the vessel. No customer accounted for a significant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (portion of the total revenues of the fuels marketing segment for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.56 682.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.14 682.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.60 658.10 Td (EMPLOYEES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.44 634.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 634.10 Td (, we had 1,517 employees. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.40 610.10 Td (RA) Tj ET Q q 0 0 0 rg BT 271.10 610.10 Td (TE REGULA) Tj ET Q q 0 0 0 rg BT 328.98 610.10 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Several of our pipelines are interstate common carrier pipelines, which are subject to regulation by the FERC under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Interstate Commerce ) Tj ET Q q 0 0 0 rg BT 135.52 574.10 Td (Act \(ICA\) and the Ener) Tj ET Q q 0 0 0 rg BT 229.19 574.10 Td (gy Policy ) Tj ET Q q 0 0 0 rg BT 269.20 574.10 Td (Act of 1992 \(the EP) Tj ET Q q 0 0 0 rg BT 348.81 574.10 Td ( ) Tj ET Q q 0 0 0 rg BT 350.76 574.10 Td (Act\). ) Tj ET Q q 0 0 0 rg BT 373.35 574.10 Td (The ICA) Tj ET Q q 0 0 0 rg BT 408.07 574.10 Td ( and its implementing regulations give ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (the FERC authority to regulate the rates char) Tj ET Q q 0 0 0 rg BT 228.93 562.10 Td (ged for service on interstate common carrier pipelines and generally require the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (rates and practices of interstate liquids pipelines to be just, reasonable, not unduly discriminatory and not unduly preferential. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (The ICA) Tj ET Q q 0 0 0 rg BT 84.72 538.10 Td ( also requires tarif) Tj ET Q q 0 0 0 rg BT 157.01 538.10 Td (fs that set forth the rates a common carrier pipeline char) Tj ET Q q 0 0 0 rg BT 380.62 538.10 Td (ges for providing transportation services on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (its interstate common carrier liquids pipelines, as well as the rules and regulations governing these services, to be maintained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (on file with the FERC and posted publicly) Tj ET Q q 0 0 0 rg BT 218.50 514.10 Td (. ) Tj ET Q q 0 0 0 rg BT 223.32 514.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 252.67 514.10 Td ( ) Tj ET Q q 0 0 0 rg BT 254.61 514.10 Td (Act deemed certain rates in ef) Tj ET Q q 0 0 0 rg BT 374.09 514.10 Td (fect prior to its passage to be just and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (reasonable and limited the circumstances under which a complaint can be made against such grandfathered rates. ) Tj ET Q q 0 0 0 rg BT 513.24 502.10 Td (The EP) Tj ET Q q 0 0 0 rg BT 542.58 502.10 Td ( ) Tj ET Q q 0 0 0 rg BT 544.53 502.10 Td (Act ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (and its implementing regulations also allow interstate common carrier liquids pipelines to annually index their rates up to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (prescribed ceiling level and require that such pipelines index their rates down to the prescribed ceiling level if the index is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (negative. In addition, the FERC retains cost-of-service ratemaking, market-based rates and settlement rates as alternatives to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (the indexing approach.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (The ) Tj ET Q q 0 0 0 rg BT 67.50 430.10 Td (Ammonia Pipeline is subject to regulation by the STB pursuant to the Interstate Commerce ) Tj ET Q q 0 0 0 rg BT 434.09 430.10 Td (Act applicable to such pipelines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (\(which dif) Tj ET Q q 0 0 0 rg BT 91.20 418.10 Td (fers from the ICA) Tj ET Q q 0 0 0 rg BT 162.01 418.10 Td ( applicable to interstate liquids pipelines\). Under that regulation, the ) Tj ET Q q 0 0 0 rg BT 436.38 418.10 Td (Ammonia Pipeline) Tj ET Q q 0 0 0 rg BT 514.43 418.10 Td (s rates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (classifications, rules and practices related to the interstate transportation of anhydrous ammonia must be reasonable and, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (providing interstate transportation, the ) Tj ET Q q 0 0 0 rg BT 205.24 394.10 Td (Ammonia Pipeline may not subject a person, place, port or type of traf) Tj ET Q q 0 0 0 rg BT 487.21 394.10 Td (fic to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (unreasonable discrimination.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (In addition to federal regulatory body oversight, various states, including Colorado, Kansas, Louisiana, North Dakota and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 346.10 Td (exas, maintain commissions focused on the rates and practices of common carrier pipelines of) Tj ET Q q 0 0 0 rg BT 431.22 346.10 Td (fering services within their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (borders. ) Tj ET Q q 0 0 0 rg BT 84.44 334.10 Td (Although the applicable state statutes and regulations vary) Tj ET Q q 0 0 0 rg BT 317.33 334.10 Td (, they generally require that intrastate pipelines publish ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (tarif) Tj ET Q q 0 0 0 rg BT 66.47 322.10 Td (fs setting forth all rates, rules and regulations applying to intrastate service, and generally require that pipeline rates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (practices be just, reasonable and nondiscriminatory) Tj ET Q q 0 0 0 rg BT 254.28 310.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Shippers may challenge tarif) Tj ET Q q 0 0 0 rg BT 164.50 286.10 Td (f rates, rules and regulations on our pipelines. In most instances, state commissions have not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (initiated investigations of the rates or practices of pipelines in the absence of shipper complaints. ) Tj ET Q q 0 0 0 rg BT 439.15 274.10 Td (There are no pending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (challenges or complaints regarding our tarif) Tj ET Q q 0 0 0 rg BT 225.03 262.10 Td (fs. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 141.55 238.10 Td (ENVIRONMENT) Tj ET Q q 0 0 0 rg BT 218.03 238.10 Td (AL, HEAL) Tj ET Q q 0 0 0 rg BT 264.35 238.10 Td (TH, SAFETY) Tj ET Q q 0 0 0 rg BT 322.88 238.10 Td ( ) Tj ET Q q 0 0 0 rg BT 324.83 238.10 Td (AND SECURITY) Tj ET Q q 0 0 0 rg BT 400.30 238.10 Td ( REGULA) Tj ET Q q 0 0 0 rg BT 444.84 238.10 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (Our operations are subject to extensive international, federal, state and local environmental laws and regulations, in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (and in the other countries in which we operate, including those relating to the dischar) Tj ET Q q 0 0 0 rg BT 390.55 202.10 Td (ge of materials into the environment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (waste management, remediation, the characteristics and composition of fuels, climate change and greenhouse gases. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (operations are also subject to extensive health, safety and security laws and regulations, including those relating to worker and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (pipeline safety) Tj ET Q q 0 0 0 rg BT 107.94 166.10 Td (, pipeline and storage tank integrity and operations security) Tj ET Q q 0 0 0 rg BT 344.17 166.10 Td (. ) Tj ET Q q 0 0 0 rg BT 348.98 166.10 Td (The principal environmental, health, safety and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (security risks associated with our operations relate to unauthorized emissions into the air) Tj ET Q q 0 0 0 rg BT 403.96 154.10 Td (, releases into soil, surface water or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (groundwater) Tj ET Q q 0 0 0 rg BT 100.14 142.10 Td (, personal injury and property damage. ) Tj ET Q q 0 0 0 rg BT 257.13 142.10 Td (W) Tj ET Q q 0 0 0 rg BT 265.77 142.10 Td (e have adopted policies, practices, systems and procedures to comply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (with the laws and regulations, mitigate these risks, limit the liability that could result from such events, prevent material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (environmental or other damage, ensure the safety of our employees and the public and secure our pipelines, terminals and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (operations. Compliance with environmental, health, safety and security laws, regulations and related permits increases our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (capital expenditures and operating expenses, and violation of these laws, regulations or permits could result in significant civil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (and criminal liabilities, injunctions or other penalties.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.83 58.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.83 58.10 Td (, our capital expenditures attributable to compliance with environmental regulations were $12.2 million, and we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.10 Td (currently project spending to be approximately $14.1 million in this regard in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.88 46.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.88 46.10 Td (. However) Tj ET Q q 0 0 0 rg BT 423.13 46.10 Td (, future governmental actions ) Tj ET Q endstream endobj 35 0 obj <> endobj 36 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (could result in these laws and regulations becoming more restrictive, necessitating additional capital expenditures and operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (expenses. ) Tj ET Q q 0 0 0 rg BT 90.55 730.10 Td (At this time, we are unable to estimate the ef) Tj ET Q q 0 0 0 rg BT 269.19 730.10 Td (fect on our financial condition or results of operations, or the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (and timing of such possible future expenditures or expenses. In addition, while we believe that we are in substantial compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (with the environmental, health, safety and security laws and regulations applicable to our operations, risks of additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (compliance expenditures, expenses and liabilities are inherent within the industry) Tj ET Q q 0 0 0 rg BT 374.81 694.10 Td (. ) Tj ET Q q 0 0 0 rg BT 379.26 694.10 Td (As a result, there can be no assurances that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (significant expenditures, expenses and liabilities will not be incurred in the future. However) Tj ET Q q 0 0 0 rg BT 417.27 682.10 Td (, while compliance may af) Tj ET Q q 0 0 0 rg BT 522.88 682.10 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (capital expenditures and operating expenses, we believe that the cost of such compliance will not have a material impact on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (competitive position, financial condition or results of operations. Further) Tj ET Q q 0 0 0 rg BT 340.65 658.10 Td (, we do not believe that our cost of compliance is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (proportionately greater than the cost to other companies operating in our industry) Tj ET Q q 0 0 0 rg BT 374.54 646.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Discussed below are the primary U.S. environmental, health, safety and security laws applicable to our operations. Compliance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (with or violations of any of these laws and related regulations could result in significant expenditures, expenses and liabilities.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (OCCUP) Tj ET Q q 0 0 0 rg BT 83.15 586.10 Td (A) Tj ET Q q 0 0 0 rg BT 89.27 586.10 Td (TIONAL) Tj ET Q q 0 0 0 rg BT 126.12 586.10 Td ( SAFETY) Tj ET Q q 0 0 0 rg BT 166.04 586.10 Td ( ) Tj ET Q q 0 0 0 rg BT 168.16 586.10 Td (AND HEAL) Tj ET Q q 0 0 0 rg BT 218.82 586.10 Td (TH) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 562.10 Td (e are subject to the Occupational Safety and Health ) Tj ET Q q 0 0 0 rg BT 265.50 562.10 Td (Act, as amended, and analogous or more stringent international, state and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (local laws and regulations for the protection of worker safety and health. In addition, we have operations subject to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (Occupational Safety and Health ) Tj ET Q q 0 0 0 rg BT 179.40 538.10 Td (Administration) Tj ET Q q 0 0 0 rg BT 242.73 538.10 Td (s Process Safety Management regulations. ) Tj ET Q q 0 0 0 rg BT 414.17 538.10 Td (These regulations apply to processes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (which involve certain chemicals at or above specified thresholds.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (FUEL) Tj ET Q q 0 0 0 rg BT 76.30 502.10 Td ( ST) Tj ET Q q 0 0 0 rg BT 89.92 502.10 Td (ANDARDS ) Tj ET Q q 0 0 0 rg BT 139.28 502.10 Td (AND RENEW) Tj ET Q q 0 0 0 rg BT 198.28 502.10 Td (ABLE ENERGY) Tj ET Q q 0 0 0 rg BT 267.08 502.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (International, federal, state and local laws and regulations regulate the fuels we transport and store for our customers. Changes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (in these laws or regulations could af) Tj ET Q q 0 0 0 rg BT 194.22 466.10 Td (fect our earnings, including by reducing our throughput volumes, or require capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (expenditures and expenses to segregate and separately store fuels. In addition, several federal and state programs require, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (subsidize or encourage the purchase and use of renewable ener) Tj ET Q q 0 0 0 rg BT 301.09 442.10 Td (gy) Tj ET Q q 0 0 0 rg BT 310.44 442.10 Td (, electric battery-powered motor vehicle engines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (alternative fuels, such as biodiesel. ) Tj ET Q q 0 0 0 rg BT 191.72 430.10 Td (These programs may over time of) Tj ET Q q 0 0 0 rg BT 326.77 430.10 Td (fset projected increases or reduce the demand for refined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (products, particularly gasoline, in certain markets. However) Tj ET Q q 0 0 0 rg BT 289.24 418.10 Td (, the increased production and use of biofuels may also create ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (opportunities for pipeline transportation and fuel blending. Other legislative changes in the future may similarly alter the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (expected demand and supply projections for refined products in ways that cannot be predicted.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (HAZARDOUS SUBST) Tj ET Q q 0 0 0 rg BT 144.19 370.10 Td (ANCES & HAZARDOUS ) Tj ET Q q 0 0 0 rg BT 253.21 370.10 Td (W) Tj ET Q q 0 0 0 rg BT 261.36 370.10 Td (ASTE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (The Federal Comprehensive Environmental Response, Compensation and Liability ) Tj ET Q q 0 0 0 rg BT 384.65 346.10 Td (Act, referred to as CERCLA) Tj ET Q q 0 0 0 rg BT 498.23 346.10 Td ( or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (Superfund, and analogous or more stringent international, state and local laws and regulations, impose restrictions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (liability related to the release, threatened release, disposal and remediation of hazardous substances. ) Tj ET Q q 0 0 0 rg BT 451.88 322.10 Td (This liability can be joint ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (and several strict liability) Tj ET Q q 0 0 0 rg BT 150.71 310.10 Td (, without regard to fault or the legality of the original release or disposal. Current operators of a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (facility) Tj ET Q q 0 0 0 rg BT 77.67 298.10 Td (, past owners or operators of a facility and parties who arranged for the disposal of a hazardous substance can be held ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (liable under these laws and regulations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 262.10 Td (e currently own, lease, and operate on, and have in the past owned, leased and operated on, properties and at facilities that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (handled, transported and stored hazardous substances. Our current operating and disposal practices comply with applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (laws, regulations and industry standards, and we believe our past practices complied at the time. Despite our compliance, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (hazardous substances may have been released on or under our facilities and properties, or on or under locations where these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (substances were taken for disposal. ) Tj ET Q q 0 0 0 rg BT 193.11 214.10 Td (W) Tj ET Q q 0 0 0 rg BT 201.75 214.10 Td (e are currently remediating subsurface contamination at several facilities and, based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (currently available information, we believe the costs related to these remedial activities should not materially af) Tj ET Q q 0 0 0 rg BT 496.32 202.10 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (financial condition or results of operations. However) Tj ET Q q 0 0 0 rg BT 260.93 190.10 Td (, the aggregate total cost of remediation projects can be dif) Tj ET Q q 0 0 0 rg BT 495.38 190.10 Td (ficult to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (estimate and there are no assurances that the cost of future remedial activities will not become material. Further) Tj ET Q q 0 0 0 rg BT 495.54 178.10 Td (, applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (laws or regulation, including regarding clean up levels, may be revised to be more restrictive in the future. ) Tj ET Q q 0 0 0 rg BT 476.81 166.10 Td (As a result, we are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (unable to estimate the ef) Tj ET Q q 0 0 0 rg BT 147.56 154.10 Td (fect of future regulation on our financial condition or results of operations or the amount and timing of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (future expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (The Federal Resource Conservation and Recovery ) Tj ET Q q 0 0 0 rg BT 253.27 118.10 Td (Act, as amended, and analogous or more stringent international, state and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (local laws and regulations impose restrictions and strict controls regarding the handling and disposal of wastes, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (hazardous wastes. ) Tj ET Q q 0 0 0 rg BT 124.52 94.10 Td (W) Tj ET Q q 0 0 0 rg BT 133.15 94.10 Td (e generate hazardous wastes and it is possible that additional wastes, which could include wastes currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (generated during operations, will be designated as hazardous wastes in the future. Hazardous wastes are subject to more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (rigorous requirements than are non-hazardous wastes.) Tj ET Q endstream endobj 37 0 obj <> endobj 38 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (18) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (AIR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (The Federal Clean ) Tj ET Q q 0 0 0 rg BT 125.81 718.25 Td (Air ) Tj ET Q q 0 0 0 rg BT 141.08 718.25 Td (Act, as amended, and various applicable international, state and local laws and regulations impose ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (restrictions and strict controls regarding emission into the air) Tj ET Q q 0 0 0 rg BT 292.72 706.25 Td (. ) Tj ET Q q 0 0 0 rg BT 297.54 706.25 Td (These laws and regulations generally require permits issued by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (applicable federal or state authorities for emissions, and impose monitoring and reporting requirements. Such laws and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (regulations can also require pre-approval for the construction or modification of certain operations or facilities expected to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (produce or increase air emissions.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 646.25 Td (A) Tj ET Q q 0 0 0 rg BT 64.27 646.25 Td (TER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (The Federal ) Tj ET Q q 0 0 0 rg BT 100.35 622.25 Td (W) Tj ET Q q 0 0 0 rg BT 108.99 622.25 Td (ater Pollution Control ) Tj ET Q q 0 0 0 rg BT 198.15 622.25 Td (Act, as amended, also known as the Clean ) Tj ET Q q 0 0 0 rg BT 369.04 622.25 Td (W) Tj ET Q q 0 0 0 rg BT 377.68 622.25 Td (ater ) Tj ET Q q 0 0 0 rg BT 394.61 622.25 Td (Act, and analogous or more stringent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (international, state and local laws and regulations impose restrictions and strict controls regarding the dischar) Tj ET Q q 0 0 0 rg BT 486.64 610.25 Td (ge of pollutants ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (into state waters or waters of the United States. ) Tj ET Q q 0 0 0 rg BT 240.88 598.25 Td (The dischar) Tj ET Q q 0 0 0 rg BT 287.62 598.25 Td (ge of pollutants into waters is generally prohibited, except in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (accordance with a permit issued by applicable federal or state authorities. ) Tj ET Q q 0 0 0 rg BT 345.81 586.25 Td (The Oil Pollution ) Tj ET Q q 0 0 0 rg BT 417.76 586.25 Td (Act further regulates the dischar) Tj ET Q q 0 0 0 rg BT 546.41 586.25 Td (ge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (of oil, and the response to and liability for oil spills, and the Rivers and Harbors ) Tj ET Q q 0 0 0 rg BT 371.05 574.25 Td (Act regulates pipelines crossing navigable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (waters.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (PIPELINE ) Tj ET Q q 0 0 0 rg BT 98.80 538.25 Td (AND OTHER ) Tj ET Q q 0 0 0 rg BT 158.99 538.25 Td (ASSET INTEGRITY) Tj ET Q q 0 0 0 rg BT 245.03 538.25 Td (, SAFETY) Tj ET Q q 0 0 0 rg BT 287.45 538.25 Td ( ) Tj ET Q q 0 0 0 rg BT 289.58 538.25 Td (AND SECURITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (Our pipeline, storage tank and other operations are subject to extensive international, federal, state and local laws and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (regulations governing integrity and safety) Tj ET Q q 0 0 0 rg BT 216.53 502.25 Td (, including those in ) Tj ET Q q 0 0 0 rg BT 295.51 502.25 Td (T) Tj ET Q q 0 0 0 rg BT 301.26 502.25 Td (itle 49 of the U.S. Code and its implementing regulations. ) Tj ET Q q 0 0 0 rg BT 534.66 502.25 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (laws and regulations include the Pipeline and Hazardous Materials Safety ) Tj ET Q q 0 0 0 rg BT 346.58 490.25 Td (Administration) Tj ET Q q 0 0 0 rg BT 409.91 490.25 Td (s requirements for safe pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (design, construction, operation, maintenance, inspection, testing and corrosion control, control rooms and qualification ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (programs for operating personnel. In addition, we have marine terminal operations subject to Coast Guard safety) Tj ET Q q 0 0 0 rg BT 500.05 466.25 Td (, integrity and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (security regulations and standards. ) Tj ET Q q 0 0 0 rg BT 190.62 454.25 Td (W) Tj ET Q q 0 0 0 rg BT 199.25 454.25 Td (e also have operations subject to the Department of Homeland Security Chemical Facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (Anti-T) Tj ET Q q 0 0 0 rg BT 76.52 442.25 Td (errorism Standards and ) Tj ET Q q 0 0 0 rg BT 171.59 442.25 Td (T) Tj ET Q q 0 0 0 rg BT 177.35 442.25 Td (ransportation Security ) Tj ET Q q 0 0 0 rg BT 267.89 442.25 Td (Administration) Tj ET Q q 0 0 0 rg BT 331.22 442.25 Td (s Pipeline Security Guidelines. ) Tj ET Q q 0 0 0 rg BT 456.85 442.25 Td (W) Tj ET Q q 0 0 0 rg BT 465.49 442.25 Td (e believe that we are in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (material compliance with all applicable laws and regulations regarding the security of our facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (While we are not currently required to implement specific governmental regulatory protocols for the protection of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (computer) Tj ET Q q 0 0 0 rg BT 87.56 394.25 Td (-based systems and technology from cyber threats and attacks, proposals to do so are being considered by a number of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (U.S. governmental departments and agencies, including the Department of Homeland Security) Tj ET Q q 0 0 0 rg BT 427.85 382.25 Td (. ) Tj ET Q q 0 0 0 rg BT 432.67 382.25 Td (W) Tj ET Q q 0 0 0 rg BT 441.31 382.25 Td (e currently have our own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (cybersecurity programs and protocols in place; however) Tj ET Q q 0 0 0 rg BT 273.96 370.25 Td (, we cannot guarantee their ef) Tj ET Q q 0 0 0 rg BT 392.06 370.25 Td (fectiveness, and successful penetration of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (our critical systems could have a material ef) Tj ET Q q 0 0 0 rg BT 226.14 358.25 Td (fect on our operations and those of our customers and vendors.) Tj ET Q endstream endobj 39 0 obj <> endobj 40 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 269.05 742.25 Td (RISK F) Tj ET Q q 0 0 0 rg BT 301.37 742.25 Td (ACT) Tj ET Q q 0 0 0 rg BT 322.30 742.25 Td (ORS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (RISKS RELA) Tj ET Q q 0 0 0 rg BT 106.42 718.25 Td (TED T) Tj ET Q q 0 0 0 rg BT 134.85 718.25 Td (O OUR BUSINESS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 694.25 Td (e may not be able to generate suf) Tj ET Q q 0 0 0 rg BT 193.23 694.25 Td (ficient cash from operations to enable us to pay quarterly distributions to our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (The amount of cash that we can distribute to our unitholders each quarter principally depends upon the amount of cash we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (generate from our operations, based on, among other things:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 646.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 646.25 Td (throughput volumes transported in our pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 634.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 634.25 Td (storage contract renewals or throughput volumes in our terminals and storage facilities;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 622.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 622.25 Td (tarif) Tj ET Q q 0 0 0 rg BT 120.47 622.25 Td (f rates and fees we char) Tj ET Q q 0 0 0 rg BT 214.41 622.25 Td (ge and the revenue we realize for our services;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 610.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 610.25 Td (demand for and supply of crude oil, refined products and anhydrous ammonia;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 598.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 598.25 Td (the ef) Tj ET Q q 0 0 0 rg BT 126.30 598.25 Td (fect of worldwide ener) Tj ET Q q 0 0 0 rg BT 216.92 598.25 Td (gy conservation measures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 586.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 586.25 Td (our operating costs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 574.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 574.25 Td (the costs to comply with environmental, health, safety and security laws and regulations;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 562.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 562.25 Td (weather conditions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 550.25 Td (domestic and foreign governmental laws, regulations, sanctions, embar) Tj ET Q q 0 0 0 rg BT 388.18 550.25 Td (goes and taxes; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 538.25 Td (prevailing economic conditions; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 526.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 526.25 Td (the results of our marketing, trading and hedging activities, which fluctuate depending upon the relationship ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 514.25 Td (between refined product prices and prices of crude oil and other feedstocks.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (Furthermore, the amount of cash that we will have available for distribution depends on a number of other factors, including:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 478.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 478.25 Td (our debt service requirements and restrictions on distributions contained in our current or future financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 466.25 Td (agreements;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 454.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 454.25 Td (our capital expenditures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 442.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 442.25 Td (issuances of debt and equity securities and ability to access the capital markets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 430.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 430.25 Td (fluctuations in our working capital needs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 418.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 418.25 Td (adjustments in cash reserves made by our board of directors, in its discretion; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 406.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 406.25 Td (the sources of cash used to fund our acquisitions, if any) Tj ET Q q 0 0 0 rg BT 325.25 406.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (Moreover) Tj ET Q q 0 0 0 rg BT 89.03 382.25 Td (, the total amount of cash that we have available for distribution to common unitholders is further reduced by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (required distributions with respect to the preferred units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (It is possible that one or more of the factors listed above may serve to reduce our available cash to such an extent that we could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (be rendered unable to pay distributions at the current level or at all in a given quarter) Tj ET Q q 0 0 0 rg BT 388.21 334.25 Td (. Furthermore, cash distributions to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (unitholders depend primarily upon our cash flows, including cash flows from reserves and working capital borrowings, and not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (solely on profitability) Tj ET Q q 0 0 0 rg BT 136.01 310.25 Td (, which is af) Tj ET Q q 0 0 0 rg BT 184.70 310.25 Td (fected by non-cash items; as a result, we may be able to make cash distributions during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (periods in which we record net losses and may not be able to make cash distributions during periods in which we record net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (income.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (Our future financial and operating flexibility may be adversely af) Tj ET Q q 0 0 0 rg BT 318.97 262.25 Td (fected by our significant leverage, any future downgrades ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (of our credit ratings, restrictions in our debt agreements and conditions in the financial markets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (As of December31,2018, our consolidated debt was $3.1 billion, and we have the ability to incur more debt. In addition to any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (potential direct financial impact of our debt, it is possible that any material increase to our debt or other negative financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (factors may be viewed negatively by credit rating agencies, which could result in ratings downgrades and increased costs for us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (to access the capital markets. In February 2018, Moody) Tj ET Q q 0 0 0 rg BT 274.94 202.25 Td (s Investors Service, Inc. downgraded our credit rating from Ba1 to Ba2, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (which increased the interest rate on amounts borrowed under our credit facilities. ) Tj ET Q q 0 0 0 rg BT 376.27 190.25 Td (Any additional downgrades in our credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (ratings in the future could result in further increases to the interest rate on our revolving credit agreement, significantly increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (our capital costs, reduce our liquidity and adversely af) Tj ET Q q 0 0 0 rg BT 266.69 166.25 Td (fect our ability to raise capital in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (Our revolving credit agreement contains restrictive covenants, such as limitations on indebtedness, liens, mer) Tj ET Q q 0 0 0 rg BT 486.92 142.25 Td (gers, asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (transfers and certain investing activities. In addition, the revolving credit agreement generally requires us to maintain, as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (end of each rolling period of four quarters, a consolidated debt coverage ratio \(consolidated debt to consolidated EBITDA, each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (as defined in the revolving credit agreement\) not to exceed 5.00-to-1.00, except in specific circumstances, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (acquisitions for aggregate net consideration of at least $50 million, when we are permitted to maintain a consolidated debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (coverage ratio of up to 5.50-to-1.00 for two rolling periods, as provided in the revolving credit agreement. Our revolving credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (agreement also requires us to maintain a minimum consolidated interest coverage ratio \(as defined in the revolving credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (agreement\) of at least 1.75-to-1.00 for each rolling period of four quarters. Failure to comply with any of the revolving credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.25 Td (agreement restrictive covenants or the maximum consolidated debt coverage ratio or minimum consolidated interest coverage ) Tj ET Q endstream endobj 41 0 obj <> endobj 42 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (ratio requirements would constitute an event of default and could result in acceleration of our obligations under the revolving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (credit agreement and possibly other agreements. Future financing agreements we may enter into may contain similar or more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (restrictive covenants than those we have negotiated for our current financing agreements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Our accounts receivable securitization program contains various customary af) Tj ET Q q 0 0 0 rg BT 361.37 694.10 Td (firmative and negative covenants and default, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (indemnification and termination provisions, and the related receivables financing agreement \(pursuant to which we are the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (initial servicer and performance guarantor\) provides for acceleration of amounts owed upon the occurrence of certain specified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (events.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Our debt service obligations, restrictive covenants and maturities resulting from our leverage may adversely af) Tj ET Q q 0 0 0 rg BT 492.17 634.10 Td (fect our ability to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (finance future operations, pursue acquisitions, fund our capital needs and pay cash distributions to our unitholders. In addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (this leverage may make our results of operations more susceptible to adverse economic or operating conditions, limit our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (flexibility in planning for) Tj ET Q q 0 0 0 rg BT 150.97 598.10 Td (, or reacting to, changes in our business and industry and place us at a competitive disadvantage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (compared to competitors with proportionately less indebtedness. For example, during an event of default under certain of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (debt agreements, we would be prohibited from making cash distributions to our unitholders. ) Tj ET Q q 0 0 0 rg BT 420.21 574.10 Td (Also, if any of our lenders file for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (bankruptcy or experience severe financial hardship, they may not honor their pro rata share of our borrowing requests under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (revolving credit agreement, which may significantly reduce our available borrowing capacity and, as a result, materially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (adversely af) Tj ET Q q 0 0 0 rg BT 98.40 538.10 Td (fect our financial condition and ability to pay distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Our ability to service our debt will depend on, among other things, our future financial and operating performance, which will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (be af) Tj ET Q q 0 0 0 rg BT 69.53 502.10 Td (fected by prevailing economic conditions and financial, business, regulatory and other factors, some of which are beyond ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (our control. If our operating results are not suf) Tj ET Q q 0 0 0 rg BT 235.04 490.10 Td (ficient to service our indebtedness, we may be required to reduce our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (distributions, reduce or delay our business activities, investments or capital expenditures, sell assets or issue equity) Tj ET Q q 0 0 0 rg BT 508.70 478.10 Td (, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (could materially and adversely af) Tj ET Q q 0 0 0 rg BT 183.10 466.10 Td (fect our financial condition, results of operations, cash flows and ability to make distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (to unitholders, as well as the trading price of our units.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (Depending on conditions in the credit and capital markets at a given time, we may not be able to obtain funding on ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (acceptable terms or at all, which may hinder or prevent us from meeting our future capital needs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (From time to time, the domestic and global financial markets and economic conditions are volatile and disrupted by a variety of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (factors, including low consumer confidence, high unemployment, geoeconomic and geopolitical issues, weak economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (conditions and uncertainty in the market. In addition, there are fewer investors and lenders for master limited partnership debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (and equity capital market issuances than there are for corporate issuances. ) Tj ET Q q 0 0 0 rg BT 347.66 370.10 Td (As a result, the cost of raising capital in the debt and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (equity capital markets could increase substantially) Tj ET Q q 0 0 0 rg BT 250.67 358.10 Td (, possibly at a time when the availability of funds from these markets has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (diminished. ) Tj ET Q q 0 0 0 rg BT 99.26 346.10 Td (The cost of obtaining funds from the credit markets may increase as interest rates increase and tighter lending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (standards are enacted, and lenders may refuse to refinance existing debt on similar terms or at all and reduce, or in some cases ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (cease to provide, funding to borrowers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (In addition, lending counterparties under our existing revolving credit facility and other debt instruments may be unwilling or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (unable to meet their funding obligations. Due to these factors, we cannot be certain that new financing or funding will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (available on acceptable terms. If funding is not available when needed, or is available only on unfavorable terms, we may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (unable to execute our growth strategy) Tj ET Q q 0 0 0 rg BT 200.13 262.10 Td (, complete future acquisitions or construction projects or take advantage of other business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (opportunities, any of which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 291.40 250.10 Td (fect on our revenues and results of operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.12 226.10 Td ( significant portion of our debt matures over the next five years and will need to be paid or refinanced, and changes to the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (debt and equity markets could limit our refinancing options.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 202.10 Td ( significant portion of our debt is set to mature within the next five years, including our revolving credit facility) Tj ET Q q 0 0 0 rg BT 501.46 202.10 Td (. ) Tj ET Q q 0 0 0 rg BT 506.28 202.10 Td (W) Tj ET Q q 0 0 0 rg BT 514.92 202.10 Td (e may not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (be able to refinance our maturing debt on commercially reasonable terms, or at all, depending on numerous factors, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (our financial condition and prospects at the time and the then-current state of the banking and capital markets in the United ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (States.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (Increases in interest rates could adversely af) Tj ET Q q 0 0 0 rg BT 232.58 142.10 Td (fect our business and the trading price of our units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 130.10 Td (e have significant exposure to increases in interest rates through variable rate provisions in certain of our debt instruments. ) Tj ET Q q 0 0 0 rg BT 550.71 130.10 Td (At ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (December31, 2018, we had approximately $3.1 billion of consolidated debt, of which $1.5 billion was at fixed interest rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (and $1.6 billion was at variable interest rates. ) Tj ET Q q 0 0 0 rg BT 233.28 106.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 283.18 106.10 Td (, at December 31, 2018, the aggregate notional amount of our interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (rate swap arrangements was $250.0 million, which may expose us to risk of financial loss. Prior ratings downgrades on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (existing indebtedness caused interest rates under certain of our debt instruments to increase, and any future downgrades may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (further increase the interest rate on our revolving credit agreement. Our results of operations, cash flows and financial position ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (could be materially adversely af) Tj ET Q q 0 0 0 rg BT 178.10 58.10 Td (fected by significant changes in interest rates. ) Tj ET Q endstream endobj 43 0 obj <> endobj 44 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The majority of our variable-rate indebtedness usesLIBORas a benchmark for establishing the rate.LIBORis the subject of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (recent national, international and other regulatory guidance and proposals for reform. ) Tj ET Q q 0 0 0 rg BT 393.30 730.10 Td (These reforms and other pressures may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (causeLIBORto disappear entirely or to perform dif) Tj ET Q q 0 0 0 rg BT 258.09 718.10 Td (ferently than in the past. ) Tj ET Q q 0 0 0 rg BT 357.32 718.10 Td (The consequences of these developments cannot ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (be entirely predicted but could include an increase in the cost of our variable-rate indebtedness. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Furthermore, we have historically funded our strategic capital expenditures and acquisitions from external sources, primarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (borrowings under our revolving credit agreement or funds raised through debt or equity of) Tj ET Q q 0 0 0 rg BT 411.11 670.10 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 443.33 670.10 Td (An increase in interest rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (may also have a negative impact on our ability to access the capital markets at economically attractive rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (Moreover) Tj ET Q q 0 0 0 rg BT 89.03 634.10 Td (, the market price of master limited partnership units, like other yield-oriented securities, may be af) Tj ET Q q 0 0 0 rg BT 485.38 634.10 Td (fected by) Tj ET Q q 0 0 0 rg BT 521.66 634.10 Td (, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (other factors, implied distribution yield. ) Tj ET Q q 0 0 0 rg BT 211.73 622.10 Td (The distribution yield is often used by investors to compare and rank yield-oriented ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (securities for investment decision-making purposes. ) Tj ET Q q 0 0 0 rg BT 260.33 610.10 Td (Therefore, increases or decreases in interest rates may af) Tj ET Q q 0 0 0 rg BT 486.42 610.10 Td (fect whether or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (not certain investors decide to invest in master limited partnership units, including ours, and a rising interest rate environment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (could have an adverse impact on our unit price and impair our ability to issue additional equity or incur debt to fund growth or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (for other purposes, including distributions.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Continued low crude oil prices could have an adverse impact on our results of operations, cash flows and ability to make ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (In late 2014, the price of crude oil fell precipitously and did not begin to recover until 2018, and then only to approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (three-quarters of 2014 highs. During fourth quarter 2018 and since, prices again fell into the $40s and $50s per barrel. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (periods of sustained low prices, producers tend to reduce their capital spending and drilling activity and narrow their focus to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (assets in the most cost-advantaged regions. On the other hand, refiners tend to benefit from lower crude prices, to the extent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (that they are able to take advantage of lower feedstock prices, especially those positioned for healthy regional demand for their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (refined products. However) Tj ET Q q 0 0 0 rg BT 156.50 466.10 Td (, as inventories increase, refiners typically reduce their production rate, which may reduce the degree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (to which they are able to benefit from low crude oil prices. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (While only a portion of our total business is directly af) Tj ET Q q 0 0 0 rg BT 268.66 430.10 Td (fected by the price of crude, low crude oil prices can slow economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (growth overall, and an economic downturn could have a negative impact on our results of operations and cash flow and, by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (extension, our ability to make cash distributions to our unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (An extended period of reduced demand for or supply of crude oil and refined products could af) Tj ET Q q 0 0 0 rg BT 440.36 382.10 Td (fect our results of operations ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (and ability to make distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (Although we enter into throughput and deficiency agreements to protect against near) Tj ET Q q 0 0 0 rg BT 388.85 358.10 Td (-term fluctuations whenever possible, our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (business is ultimately dependent upon the long-term demand for and supply of the crude oil and refined products we transport ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (in our pipelines and store in our terminals. Market prices for crude oil and refined products, including fuel oil, are subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (wide fluctuation in response to changes in global and regional supply that are beyond our control, and increases in the price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (crude oil may result in a lower demand for refined products that we transport, store and market, including fuel oil. ) Tj ET Q q 0 0 0 rg BT 507.92 310.10 Td (Any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (sustained decrease in demand for refined products in the markets our pipelines and terminals serve that extends beyond the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (expiration of our existing throughput and deficiency agreements could result in a significant reduction in throughputs in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (pipelines and storage in our terminals, which would reduce our cash flows and impair our ability to make distributions to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (unitholders. Factors that tend to decrease market demand include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 250.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 250.10 Td (a recession or other adverse economic condition that results in lower spending by consumers on gasoline, diesel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 238.10 Td (and travel;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 226.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 226.10 Td (higher fuel taxes or other governmental or regulatory actions that increase, directly or indirectly) Tj ET Q q 0 0 0 rg BT 486.54 226.10 Td (, the cost of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 214.10 Td (gasoline;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 202.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 202.10 Td (an increase in aggregate automotive engine fuel economy; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 190.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 190.10 Td (new regulations or court decisions requiring the phase out or reduced use of gasoline-fueled vehicles;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 178.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 178.10 Td (the increased use of alternative fuel sources;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 166.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 166.10 Td (an increase in the market price of crude oil that increases refined product prices, which may reduce demand for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 154.10 Td (refined products and drive demand for alternative products; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 142.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 142.10 Td (a decrease in corn acres planted for ethanol, which may reduce demand for anhydrous ammonia.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (Similarly) Tj ET Q q 0 0 0 rg BT 86.57 118.10 Td (, any sustained decrease in the supply of crude oil and refined products in markets we serve could result in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (significant reduction in throughputs in our pipelines and storage in our terminals, which would reduce our cash flows and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (undermine our ability to make distributions to our unitholders. Factors that tend to decrease supply and, by extension, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (utilization of our pipelines and terminals include:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 70.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 70.10 Td (prolonged periods of low prices for crude oil and refined products, which could lead to a decrease in exploration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 58.10 Td (and development activity and reduced production in markets served by our pipelines and storage terminals;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 46.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 46.10 Td (a lack of drilling services or equipment available to producers to accommodate production needs;) Tj ET Q endstream endobj 45 0 obj <> endobj 46 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 742.10 Td (changes in laws, regulations, sanctions or taxation that directly or indirectly delay supply or production or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 730.10 Td (increase the cost of production of refined products; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 718.10 Td (macroeconomic forces af) Tj ET Q q 0 0 0 rg BT 204.87 718.10 Td (fecting, or actions taken by) Tj ET Q q 0 0 0 rg BT 312.80 718.10 Td (, foreign oil and gas producing nations that impact supply of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 706.10 Td (and prices for crude oil and refined products.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Our inability to develop, fund and execute growth projects and acquire new assets could limit our ability to maintain and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (grow quarterly distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (Our ability to maintain and grow our distributions to unitholders depends on the growth of our existing businesses and strategic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (acquisitions.Decisions regarding new growth projects rely on numerous estimates, including, among other factors, the ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (to secure a commitment from a customer that suf) Tj ET Q q 0 0 0 rg BT 245.87 634.10 Td (ficiently exceeds our cost of capital to justify the project cost, predictions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (future demand for our services, future supply shifts, crude oil production estimates, commodity price environments, economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (conditions, both domestic and foreign, and potential changes in the financial condition of our customers. Our predictions of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (such factors could cause us to forego certain investments and to lose opportunities to competitors who make investments based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (on dif) Tj ET Q q 0 0 0 rg BT 73.43 586.10 Td (ferent predictions. If we are unable to acquire new assets, due either to high prices or a lack of attractive syner) Tj ET Q q 0 0 0 rg BT 513.62 586.10 Td (gistic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (tar) Tj ET Q q 0 0 0 rg BT 60.37 574.10 Td (gets, our future growth could be limited. In addition, our future growth will be limited if we are unable to develop additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (expansion projects, implement business development opportunities and finance such activities on economically acceptable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (terms, which could adversely impact our results of operations and cash flows and, accordingly) Tj ET Q q 0 0 0 rg BT 426.74 550.10 Td (, result in reduced distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (over time.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Failure to complete capital projects as planned could adversely af) Tj ET Q q 0 0 0 rg BT 319.51 514.10 Td (fect our financial condition, results of operations and cash ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (flows.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (Delays or cost increases related to capital spending programs involving construction of new facilities \(or improvements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (repairs to our existing facilities\) could adversely af) Tj ET Q q 0 0 0 rg BT 253.36 478.10 Td (fect our ability to achieve forecasted operating results. ) Tj ET Q q 0 0 0 rg BT 472.44 478.10 Td (Although we evaluate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (and monitor each capital spending project and try to anticipate dif) Tj ET Q q 0 0 0 rg BT 313.06 466.10 Td (ficulties that may arise, such delays or cost increases may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (arise as a result of factors that are beyond our control, including:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 442.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 442.10 Td (non-performance or delay by) Tj ET Q q 0 0 0 rg BT 219.69 442.10 Td (, or disputes with, counterparties, vendors, suppliers, contractors or sub-contractors ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 430.10 Td (involved with a project; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 418.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 418.10 Td (denial or delay in issuing requisite regulatory approvals and/or permits;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 406.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 406.10 Td (protests and other activist interference with planned or in-process projects;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 394.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 394.10 Td (unplanned increases in the cost of construction materials or labor;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 382.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 382.10 Td (disruptions in transportation of modular components and/or construction materials;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 370.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 370.10 Td (severe adverse weather conditions, natural disasters or other events \(such as hurricanes, equipment malfunctions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 358.10 Td (explosions, fires or spills\) af) Tj ET Q q 0 0 0 rg BT 217.41 358.10 Td (fecting our facilities, or those of vendors and suppliers;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 346.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 346.10 Td (shortages of suf) Tj ET Q q 0 0 0 rg BT 167.14 346.10 Td (ficiently skilled labor) Tj ET Q q 0 0 0 rg BT 252.27 346.10 Td (, or labor disagreements resulting in unplanned work stoppages; or) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 334.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 334.10 Td (market-related increases in a project) Tj ET Q q 0 0 0 rg BT 251.70 334.10 Td (s debt or equity financing costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (While we incur financing costs during the planning and construction phases of our projects, a project does not generate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (expected operating cash flows until it is completed, if at all. ) Tj ET Q q 0 0 0 rg BT 290.77 298.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 340.67 298.10 Td (, our forecasted operating results from capital spending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (projects are based on future market fundamentals that are not within our control, including changes in general economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (conditions, the supply and demand of crude oil and refined products, availability to our customers of attractively priced ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (alternative solutions for storage, transportation or supplies of crude oil and refined products and overall customer demand. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (As a result of these uncertainties, the anticipated benefits associated with our capital projects may not be achieved or could be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (delayed. In turn, this could have a negative impact on our results of operations and cash flow and our ability to make cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (distributions to our unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (If we are unable to retain or replace current customers and existing contracts to maintain utilization of our pipeline and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (storage assets at current or more favorable rates, our revenue and cash flows could be reduced to levels that could adversely ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (af) Tj ET Q q 0 0 0 rg BT 58.15 166.10 Td (fect our ability to make quarterly distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (Our revenue and cash flows are generated primarily from our customers) Tj ET Q q 0 0 0 rg BT 340.81 154.10 Td ( payments of fees under throughput contracts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (storage agreements. Failure to renew or enter into new contracts or our storage customers) Tj ET Q q 0 0 0 rg BT 410.24 142.10 Td ( material reduction of utilization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (under existing contracts could result from many factors, including:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 118.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 118.10 Td (continued low crude oil prices; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 106.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 106.10 Td (a material decrease in the supply or price of crude oil;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 94.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 94.10 Td (a material decrease in demand for refined products in the markets served by our pipelines and terminals;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 82.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 82.10 Td (political, social or economic instability in another country impacting a customer based there;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 70.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 70.10 Td (competition for customers from companies with comparable assets and capabilities;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 58.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 58.10 Td (scheduled turnarounds or unscheduled maintenance at refineries we serve;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 46.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 46.10 Td (operational problems or catastrophic events af) Tj ET Q q 0 0 0 rg BT 288.47 46.10 Td (fecting our assets or a refinery we serve;) Tj ET Q endstream endobj 47 0 obj <> endobj 48 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 742.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 742.10 Td (environmental proceedings or other litigation that compel the cessation of all or a portion of the operations of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 730.10 Td (assets or a refinery we serve;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 718.10 Td (increasingly stringent environmental, health, safety and security regulations; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 706.10 Td (a decision by our current customers to redirect refined products transported in our pipelines to markets not served ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 694.10 Td (by our pipelines or to transport crude oil or refined products by means other than our pipelines; or) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 682.10 Td (a decision by our current customers to sell one or more of the refineries we serve to a purchaser that elects not to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 670.10 Td (use our pipelines and terminals.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Competing midstream service providers, including certain major energy and chemical companies, possess, or have greater ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (financial resources to acquire, assets better suited to meet customer demand, which could undermine our ability to obtain ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (and retain customers or reduce utilization of our assets, which could reduce our revenues and cash flows, thereby reducing ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (our ability to make our quarterly distributions to unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 598.10 Td (e face competition in all aspects of our business and can give no assurances that we will be able to compete ef) Tj ET Q q 0 0 0 rg BT 498.03 598.10 Td (fectively ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (against our competitors. Our competitors include major ener) Tj ET Q q 0 0 0 rg BT 291.42 586.10 Td (gy and chemical companies, some of which have greater financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (resources, more pipelines or storage terminals, greater capacity pipelines or storage terminals and greater access to supply than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (we do. Certain of our competitors also may have advantages in competing for acquisitions or other new business opportunities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (because of their financial resources and syner) Tj ET Q q 0 0 0 rg BT 231.96 550.10 Td (gies in operations. ) Tj ET Q q 0 0 0 rg BT 306.95 550.10 Td (As a consequence of increased competition in the industry) Tj ET Q q 0 0 0 rg BT 539.56 550.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (some of our customers may be reluctant to renew or enter into long-term contracts or contracts that provide for minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (throughput amounts in the future. Our inability to renew or replace our current contracts as they expire, to enter into contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (for newly acquired, constructed or expanded assets and to respond appropriately to changing market conditions could have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (negative ef) Tj ET Q q 0 0 0 rg BT 93.96 502.10 Td (fect on our revenue, cash flows and ability to make quarterly distributions to our unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (Our operations are subject to operational hazards and interruptions, and we cannot insure against and/or predict all ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (potential losses and liabilities that might result therefrom.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Our operations and those of our customers and suppliers are subject to operational hazards and unforeseen interruptions due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (natural disasters, adverse weather conditions \(such as hurricanes, tornadoes, storms and floods\), accidents, fires, explosions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (hazardous materials releases, mechanical failures and other events beyond our control. In addition, many scientists hypothesize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (that global climatic changes are occurring that are likely to increase the number and severity of hurricanes and other damaging ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (weather conditions. ) Tj ET Q q 0 0 0 rg BT 130.63 406.10 Td (These events might result in a loss of life or equipment, injury or extensive property damage, as well as an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (interruption in our operations or those of our customers or suppliers. In the event any of our facilities, or those of our customers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (or suppliers, suf) Tj ET Q q 0 0 0 rg BT 113.98 382.10 Td (fer significant damage or are forced to shut down for a significant period of time, it may have a material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (adverse ef) Tj ET Q q 0 0 0 rg BT 90.63 370.10 Td (fect on our earnings, our other results of operations and our financial condition as a whole.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (As a result of market conditions, premiums and deductibles for certain of our insurance policies could increase substantially; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (therefore, we may not be able to maintain or obtain insurance of the type and amount we desire at reasonable rates. Certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (insurance coverage could become subject to broad exclusions, become unavailable altogether or become available only for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (reduced amounts of coverage and at higher rates. If we were to incur a significant liability for which we are insuf) Tj ET Q q 0 0 0 rg BT 502.14 310.10 Td (ficiently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (insured, such a liability could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 274.73 298.10 Td (fect on our financial position.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 274.10 Td (e are exposed to counterparty credit risk. Nonpayment and nonperformance by our customers, vendors or derivative ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (counterparties could reduce our revenues, increase our expenses and otherwise have a negative impact on our ability to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (conduct our business, operating results, cash flows and ability to make distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 238.10 Td (eak economic conditions and widespread financial stress could reduce the liquidity of our customers, vendors or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (counterparties, making it more dif) Tj ET Q q 0 0 0 rg BT 186.17 226.10 Td (ficult for them to meet their obligations to us. ) Tj ET Q q 0 0 0 rg BT 370.40 226.10 Td (W) Tj ET Q q 0 0 0 rg BT 379.03 226.10 Td (e are therefore subject to risks of loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (resulting from nonpayment or nonperformance by our customers to whom we extend credit. Financial problems encountered by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (our customers could limit our ability to collect amounts owed to us, or to enforce the performance of obligations owed to us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (under contractual arrangements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (In addition, nonperformance by vendors who have committed to provide us with critical products or services could raise our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (costs or interfere with our ability to successfully conduct our business. Furthermore, nonpayment by the counterparties to any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (of our outstanding derivatives could expose us to additional interest rate or commodity price risk. ) Tj ET Q q 0 0 0 rg BT 441.58 142.10 Td (Although we attempt to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (mitigate our risk through warehouseman) Tj ET Q q 0 0 0 rg BT 214.96 130.10 Td (s liens and other security protections, we may not always be able to enforce such liens ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (and protections due to competing claims from other parties. ) Tj ET Q q 0 0 0 rg BT 290.49 118.10 Td (Any substantial increase in the nonpayment and nonperformance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (by our customers, vendors or counterparties or our inability to enforce our warehouseman) Tj ET Q q 0 0 0 rg BT 411.84 106.10 Td (s liens and other security protections ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 178.92 94.10 Td (fect on our results of operations, cash flows and ability to make distributions to unitholders.) Tj ET Q endstream endobj 49 0 obj <> endobj 50 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (24) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 742.25 Td (e could be subject to damages or lose customers due to failure to maintain certain quality specifications or other claims ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (related to the operation of our assets and the services we provide to our customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Certain of the products we store and transport are produced to precise customer specifications. If we fail to maintain the quality ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (and purity of the products we receive and/or a product fails to perform in a manner consistent with the quality specifications ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (required by the customer) Tj ET Q q 0 0 0 rg BT 149.29 694.25 Td (, the customer could seek replacement of the product or damages for costs incurred as a result of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (product failing to perform as guaranteed. ) Tj ET Q q 0 0 0 rg BT 216.15 682.25 Td (W) Tj ET Q q 0 0 0 rg BT 224.79 682.25 Td (e also could face other claims by our customers if our assets do not operate as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (expected by our customers or our services otherwise do not meet our customers) Tj ET Q q 0 0 0 rg BT 370.83 670.25 Td ( expectations. ) Tj ET Q q 0 0 0 rg BT 427.76 670.25 Td (A) Tj ET Q q 0 0 0 rg BT 434.43 670.25 Td ( successful claim or series of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (claims against us could result in unforeseen expenditures and a loss of one or more customers.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (Our policies and practices to manage risk exposures cannot eliminate all risk, and noncompliance with our policies could ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (result in significant financial losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 610.25 Td (e have implemented policies and practices that are designed to minimize risk, including credit risk, commodity price risk and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (operational risk. ) Tj ET Q q 0 0 0 rg BT 117.30 598.25 Td (These policies and practices cannot, however) Tj ET Q q 0 0 0 rg BT 297.93 598.25 Td (, eliminate all such risks, and any policy only reduces risk to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (extent af) Tj ET Q q 0 0 0 rg BT 84.52 586.25 Td (fected parties comply thereunder) Tj ET Q q 0 0 0 rg BT 215.30 586.25 Td (. ) Tj ET Q q 0 0 0 rg BT 220.12 586.25 Td (W) Tj ET Q q 0 0 0 rg BT 228.75 586.25 Td (e cannot make any assurances that we will detect and prevent all violations of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (policies and practices, particularly if deception, collusion or other intentional misconduct is involved. ) Tj ET Q q 0 0 0 rg BT 457.67 574.25 Td (Any violations of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (policies or practices by our employees or agents could result in significant financial losses.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (An impairment of goodwill or long-lived assets could reduce our earnings.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 526.25 Td (e have recorded $1.0 billion of goodwill and $5.0 billion of long-lived assets, including property) Tj ET Q q 0 0 0 rg BT 443.75 526.25 Td (, plant and equipment, net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (and intangible assets, net, as of December 31, 2018. U.S. generally accepted accounting principles requires us to test both ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (goodwill and long-lived assets for impairment when events or circumstances occur indicating that either goodwill or long-lived ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (assets might be impaired and, in the case of goodwill, at least annually) Tj ET Q q 0 0 0 rg BT 331.50 490.25 Td (. ) Tj ET Q q 0 0 0 rg BT 335.95 490.25 Td (Any event that causes a reduction in demand for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (services could result in a reduction of our estimates of future cash flows and growth rates in our business, which could cause us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (to record an impairment char) Tj ET Q q 0 0 0 rg BT 165.88 466.25 Td (ge to reduce the value of goodwill. Similarly) Tj ET Q q 0 0 0 rg BT 344.07 466.25 Td (, any event or change in circumstances that causes the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (carrying value of our long-lived assets to no longer be recoverable may require us to record an impairment char) Tj ET Q q 0 0 0 rg BT 495.76 454.25 Td (ge to reduce the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (value of our long-lived assets. If we determine that either our goodwill or our long-lived assets are impaired, the resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (char) Tj ET Q q 0 0 0 rg BT 67.03 430.25 Td (ge will reduce earnings and partners) Tj ET Q q 0 0 0 rg BT 214.28 430.25 Td ( capital. ) Tj ET Q q 0 0 0 rg BT 248.25 430.25 Td (There was no impairment recorded for goodwill or other long-lived assets for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (the years ended December 31, 2018 or 2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (Cybersecurity breaches and other disruptions could compromise our information and operations, and expose us to liability) Tj ET Q q 0 0 0 rg BT 553.56 394.25 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (which would cause our business and reputation to suf) Tj ET Q q 0 0 0 rg BT 271.55 382.25 Td (fer) Tj ET Q q 0 0 0 rg BT 282.66 382.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 370.25 Td (e rely on our information technology infrastructure to process, transmit and store electronic information. ) Tj ET Q q 0 0 0 rg BT 477.96 370.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 527.86 370.25 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (rely on our operational technology systems, as well as our information technology systems, to safely operate our assets. ) Tj ET Q q 0 0 0 rg BT 530.54 358.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (security of our information networks and systems is critical to our operations and business strategy) Tj ET Q q 0 0 0 rg BT 444.82 346.25 Td (. Despite our security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (measures, we may suf) Tj ET Q q 0 0 0 rg BT 138.13 334.25 Td (fer a cybersecurity incident due to attacks from a variety of external threat actors, internal employee error ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (or malfeasance, or even cybersecurity incidents suf) Tj ET Q q 0 0 0 rg BT 254.45 322.25 Td (fered by our managed service providers or other vendors. ) Tj ET Q q 0 0 0 rg BT 485.85 322.25 Td (This may lead to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (the compromise of confidential business information, personal information or other data assets, as well as operational system ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (disruptions. In recent years, there has been a rise in the number of cyberattacks on network and information systems generally) Tj ET Q q 0 0 0 rg BT 553.35 298.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (by both state-sponsored and criminal or) Tj ET Q q 0 0 0 rg BT 208.39 286.25 Td (ganizations and, as a result, the risks associated with such an event continue to increase. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 274.25 Td ( significant failure, compromise, breach or interruption in our systems could result in a disruption of our operations, damage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (to our reputation, loss of customers or revenues and potential regulatory fines. If any such failure, interruption or similar event ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (results in improper disclosure of information maintained in our information systems and networks or those of our vendors, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (including personnel, customer and vendor information, we could also be subject to liability under relevant contractual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (obligations and laws and regulations protecting personal data and privacy) Tj ET Q q 0 0 0 rg BT 343.43 226.25 Td (. Our financial results could also be adversely af) Tj ET Q q 0 0 0 rg BT 536.24 226.25 Td (fected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (if operational systems are breached or an employee causes our operational systems to fail, either as a result of inadvertent error ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (or by deliberately tampering with or manipulating our operational systems.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (Although we believe that we have robust cybersecurity procedures and other safeguards in place, as threats continue to evolve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (and cybersecurity) Tj ET Q q 0 0 0 rg BT 120.15 166.25 Td (, data protection laws and regulations continue to develop, we may be required to expend additional resources ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (to continue to enhance our information security) Tj ET Q q 0 0 0 rg BT 239.29 154.25 Td (, data protection and business continuity measures and/or to investigate and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (remediate information security vulnerabilities.) Tj ET Q endstream endobj 51 0 obj <> endobj 52 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (25) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Acquisitions and expansions, if any) Tj ET Q q 0 0 0 rg BT 196.05 742.25 Td (, may increase substantially the level of our indebtedness and contingent liabilities or ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (otherwise change our capital structure, and we may be unable to integrate acquisitions and expansions ef) Tj ET Q q 0 0 0 rg BT 483.75 730.25 Td (fectively into our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (existing operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (From time to time, we evaluate and acquire assets and businesses that we believe complement or diversify our existing assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (and operations. ) Tj ET Q q 0 0 0 rg BT 113.04 694.25 Td (Acquisitions may require us to raise a substantial amount of equity or incur a substantial amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (indebtedness. If we consummate any future material acquisitions, our capitalization and results of operations may change ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (significantly) Tj ET Q q 0 0 0 rg BT 99.34 670.25 Td (, and unitholders will not have the opportunity to evaluate the economic, financial and other relevant information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (that we will consider in connection with any future acquisitions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (Part of our overall business strategy includes acquiring additional assets that complement our existing asset base and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (distribution capabilities or provide entry into new markets. ) Tj ET Q q 0 0 0 rg BT 287.27 622.25 Td (W) Tj ET Q q 0 0 0 rg BT 295.90 622.25 Td (e may not be able to identify suitable acquisitions, or we may not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (be able to purchase or finance any acquisitions on terms that we find acceptable. ) Tj ET Q q 0 0 0 rg BT 373.49 610.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 423.39 610.25 Td (, we compete against other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (companies for acquisitions, and we may not be successful in the acquisition of any assets or businesses appropriate for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (growth strategy) Tj ET Q q 0 0 0 rg BT 111.84 586.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (Even if we do consummate acquisitions that we believe will increase distributable cash flow) Tj ET Q q 0 0 0 rg BT 418.41 562.25 Td (, these acquisitions may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (nevertheless result in a decrease in distributable cash flow) Tj ET Q q 0 0 0 rg BT 281.49 550.25 Td (. ) Tj ET Q q 0 0 0 rg BT 285.94 550.25 Td (Any acquisition involves potential risks, including, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (things:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 526.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 526.25 Td (we may not be able to obtain the cost savings and financial improvements we anticipate or acquired assets may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 514.25 Td (not perform as we expect;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 502.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 502.25 Td (we may not be able to successfully integrate the assets, management teams or employees of the businesses we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 490.25 Td (acquire with our assets and management team, or such integration may be significantly delayed;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 478.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 478.25 Td (we may fail or be unable to discover some of the liabilities of businesses that we acquire, including liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 466.25 Td (resulting from a prior owner) Tj ET Q q 0 0 0 rg BT 217.67 466.25 Td () Tj ET Q q 0 0 0 rg BT 220.45 466.25 Td (s noncompliance with applicable federal, state or local laws;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 454.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 454.25 Td (we may have assumed prior known or unknown liabilities for which we may not be indemnified or have adequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 442.25 Td (insurance; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 430.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 430.25 Td (acquisitions may divert the attention of our senior management from focusing on our core business; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 418.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 418.25 Td (we may experience a decrease in our liquidity by using a significant portion of our available cash or borrowing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 406.25 Td (capacity to finance acquisitions; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 394.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 394.25 Td (we may face the risk that our existing financial controls, information systems, management resources and human ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 382.25 Td (resources will need to grow to support future growth.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 358.25 Td (e operate assets outside of the United States, which exposes us to dif) Tj ET Q q 0 0 0 rg BT 337.14 358.25 Td (ferent legal and regulatory requirements and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (additional risk.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 334.25 Td ( portion of our revenues are generated from our assets located outside of the United States. Our operations are subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (various risks unique to each country in which we operate that could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 426.90 322.25 Td (fect on our business, results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (operations and financial condition. ) Tj ET Q q 0 0 0 rg BT 191.17 310.25 Td (W) Tj ET Q q 0 0 0 rg BT 200.21 310.25 Td (ith respect to any particular country) Tj ET Q q 0 0 0 rg BT 342.00 310.25 Td (, these risks may include political and economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (instability) Tj ET Q q 0 0 0 rg BT 89.35 298.25 Td (, including: civil unrest, war and other armed conflict; inflation; and currency fluctuations, devaluation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (conversion restrictions. ) Tj ET Q q 0 0 0 rg BT 145.63 286.25 Td (W) Tj ET Q q 0 0 0 rg BT 154.27 286.25 Td (e are also exposed to the risk of governmental actions that may: limit or disrupt markets for our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (operations, restrict payments or limit the movement of funds; impose sanctions on our ability to conduct business with certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (customers or persons; or result in the deprivation of contract rights. Our operations outside the United States may also be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 250.25 Td (fected by changes in trade protection laws, policies and measures, and other regulatory requirements af) Tj ET Q q 0 0 0 rg BT 469.47 250.25 Td (fecting trade and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (investment, including the Foreign Corrupt Practices ) Tj ET Q q 0 0 0 rg BT 259.13 238.25 Td (Act, and other foreign laws prohibiting corrupt payments, as well as import ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (and export regulations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 202.25 Td (e also have assets in, or have had customers based in, certain developing markets, such as Mexico, and in challenged ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (markets, such as ) Tj ET Q q 0 0 0 rg BT 118.13 190.25 Td (V) Tj ET Q q 0 0 0 rg BT 124.25 190.25 Td (enezuela, and the nature of these markets presents a number of risks. In addition, due to the unsettled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (political conditions in many oil-producing countries, our operations may be subject to the adverse consequences of war) Tj ET Q q 0 0 0 rg BT 526.41 178.25 Td (, civil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (unrest, strikes, currency controls and governmental actions. Deterioration of social, political, labor or economic conditions, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (including the increasing threat of terrorist or) Tj ET Q q 0 0 0 rg BT 226.98 154.25 Td (ganizations and drug cartels, in a country or region in which we do business, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 142.25 Td (fecting a customer with whom we do business, as well as dif) Tj ET Q q 0 0 0 rg BT 299.58 142.25 Td (ficulties in staf) Tj ET Q q 0 0 0 rg BT 358.83 142.25 Td (fing and managing foreign operations, may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (adversely af) Tj ET Q q 0 0 0 rg BT 98.40 130.25 Td (fect our operations or financial results. For example, PDVSA, which was a significant customer of our terminal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (facility in St. Eustatius, has been af) Tj ET Q q 0 0 0 rg BT 190.90 118.25 Td (fected by the political, social and economic instability in ) Tj ET Q q 0 0 0 rg BT 419.54 118.25 Td (V) Tj ET Q q 0 0 0 rg BT 425.65 118.25 Td (enezuela in recent years, as well ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (as the negative ef) Tj ET Q q 0 0 0 rg BT 119.51 106.25 Td (fects from sanctions implemented by the United States and others, which has undermined PDVSA) Tj ET Q q 0 0 0 rg BT 511.66 106.25 Td () Tj ET Q q 0 0 0 rg BT 514.43 106.25 Td (s ability to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (operate and to pay its creditors timely) Tj ET Q q 0 0 0 rg BT 200.42 94.25 Td (.) Tj ET Q endstream endobj 53 0 obj <> endobj 54 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 742.10 Td (e are subject to laws and sanctions implemented by the United States and foreign jurisdictions where we do business that may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (restrict the type of business we are permitted to conduct with certain entities, including PDVSA, restrict our activities in certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (countries, or even restrict the services we may provide with respect to crude oil or other products produced in certain countries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (or by certain entities.In 2017, the United States and the European Union imposed sanctions restricting certain types of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (activities involving ) Tj ET Q q 0 0 0 rg BT 129.25 694.10 Td (V) Tj ET Q q 0 0 0 rg BT 135.37 694.10 Td (enezuela and PDVSA.On January 28, 2019, the U.S. Department of the ) Tj ET Q q 0 0 0 rg BT 425.95 694.10 Td (T) Tj ET Q q 0 0 0 rg BT 431.71 694.10 Td (reasury) Tj ET Q q 0 0 0 rg BT 463.92 694.10 Td (s Of) Tj ET Q q 0 0 0 rg BT 480.68 694.10 Td (fice of Foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (Assets Control \(OF) Tj ET Q q 0 0 0 rg BT 127.04 682.10 Td (AC\) added PDVSA) Tj ET Q q 0 0 0 rg BT 205.38 682.10 Td ( to its List of Specially Designated Nationals and Blocked Persons \(the SDN List\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (which, in ef) Tj ET Q q 0 0 0 rg BT 97.30 670.10 Td (fect, prohibits U.S. persons from engaging in most activities involving PDVSA, its property) Tj ET Q q 0 0 0 rg BT 464.40 670.10 Td (, and its interest in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (property) Tj ET Q q 0 0 0 rg BT 83.23 658.10 Td (, after a short wind down period. ) Tj ET Q q 0 0 0 rg BT 216.07 658.10 Td (The inclusion of PDVSA) Tj ET Q q 0 0 0 rg BT 316.35 658.10 Td ( on the SDN List prevents us from continuing our existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (business with PDVSA.Consequently) Tj ET Q q 0 0 0 rg BT 198.80 646.10 Td (, we completed a wind down of all operations and agreements involving PDVSA) Tj ET Q q 0 0 0 rg BT 521.80 646.10 Td ( on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (February 26, 2019, consistent with applicable laws.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 610.10 Td (e do not own all of the land on which our pipelines and facilities have been constructed, and we are therefore subject to ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (the possibility of increased costs or the inability to retain necessary land use.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Like other pipeline and storage logistics services providers, certain of our pipelines, storage terminals and other facilities are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (located on land owned by third parties and governmental agencies that we have obtained the right to utilize for these purposes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (through contract \(rather than through outright purchase\). Many of our rights-of-way or other property rights are perpetual in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (duration, but others are for a specific period of time. In addition, some of our facilities are located on leased premises. Our loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (of property rights, through our inability to renew right-of-way contracts or leases or otherwise, could adversely af) Tj ET Q q 0 0 0 rg BT 504.13 538.10 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (operations and cash flows available for distribution to unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (In addition, the construction of expansions or other changes to our existing assets may require us to obtain new rights-of-way or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (property rights prior to construction. ) Tj ET Q q 0 0 0 rg BT 198.13 490.10 Td (W) Tj ET Q q 0 0 0 rg BT 206.76 490.10 Td (e may be unable to obtain such rights-of-way or other property rights to connect new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (supplies to our existing pipelines, storage terminals or other facilities or to capitalize on other attractive expansion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (opportunities. ) Tj ET Q q 0 0 0 rg BT 107.22 466.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 157.12 466.10 Td (, it may become more expensive for us to obtain new rights-of-way or other property rights or to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (renew existing rights-of-way or property rights. If the cost of obtaining new or renewing existing rights-of-way or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (property rights increases, it may adversely af) Tj ET Q q 0 0 0 rg BT 229.48 442.10 Td (fect our operations and cash flows available for distribution to unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 418.10 Td (e may be unable to obtain or renew permits necessary for our operations, which could inhibit our ability to do business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Our facilities operate under a number of federal, state and local permits, licenses and approvals with terms and conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (containing a significant number of prescriptive limits and performance standards in order to operate. ) Tj ET Q q 0 0 0 rg BT 453.85 394.10 Td (These limits and standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (require a significant amount of monitoring, recordkeeping and reporting in order to demonstrate compliance with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (underlying permit, license or approval. Noncompliance or incomplete documentation of our compliance status may result in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (imposition of fines, penalties and injunctive relief. In addition, public protest and responsive government intervention have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (recently made it more dif) Tj ET Q q 0 0 0 rg BT 150.89 346.10 Td (ficult for some ener) Tj ET Q q 0 0 0 rg BT 229.29 346.10 Td (gy companies to acquire the permits required to complete planned infrastructure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (projects. ) Tj ET Q q 0 0 0 rg BT 86.10 334.10 Td (A) Tj ET Q q 0 0 0 rg BT 92.77 334.10 Td ( decision by a government agency to deny or delay issuing a new or renewed permit, license or approval, or to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (revoke or substantially modify an existing permit, license or approval, could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 462.18 322.10 Td (fect on our ability to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (continue operations and on our financial condition, results of operations, cash flows and ability to make distributions to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (Our ability to manage and grow our business ef) Tj ET Q q 0 0 0 rg BT 245.96 274.10 Td (fectively may be adversely af) Tj ET Q q 0 0 0 rg BT 362.94 274.10 Td (fected if we lose management or operational ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (personnel.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 250.10 Td (e depend on the continuing ef) Tj ET Q q 0 0 0 rg BT 177.03 250.10 Td (forts of our executive of) Tj ET Q q 0 0 0 rg BT 273.48 250.10 Td (ficers. ) Tj ET Q q 0 0 0 rg BT 300.51 250.10 Td (The departure of one or more key executive of) Tj ET Q q 0 0 0 rg BT 486.35 250.10 Td (ficers could have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (significant negative ef) Tj ET Q q 0 0 0 rg BT 138.67 238.10 Td (fect on our business, operating results, financial condition and on our ability to compete ef) Tj ET Q q 0 0 0 rg BT 500.06 238.10 Td (fectively in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (marketplace.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.90 202.10 Td (, our ability to hire, train and retain qualified personnel continues to be important and could become more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (challenging in competitive ener) Tj ET Q q 0 0 0 rg BT 176.16 190.10 Td (gy industry market conditions. In regions experiencing rapid growth, such as the Permian Basin, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (and at times when general industry conditions are good, the competition for experienced operational and field technicians ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (increases as other ener) Tj ET Q q 0 0 0 rg BT 140.05 166.10 Td (gy and midstream companies) Tj ET Q q 0 0 0 rg BT 259.55 166.10 Td ( needs for the same personnel increases. Our ability to continue our current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (level of service to our customers could be adversely impacted if we are unable to successfully hire, train and retain these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (important personnel.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 118.10 Td (e may have liabilities from our assets that preexist our acquisition of those assets, but that may not be covered by ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (indemnification rights we may have against the sellers of the assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (Assets we acquired may have associated liabilities that precede our ownership but for which we are not indemnified by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (seller responsible. In some cases, we have indemnified the previous owners and operators of acquired assets. Some of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (assets have been used for many years to transport and store crude oil and refined products, and releases may have occurred in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (the past that could require costly future remediation. If a significant release or event occurred in the past, the liability for which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.10 Td (was not retained by the seller) Tj ET Q q 0 0 0 rg BT 166.50 46.10 Td (, or for which indemnification by the seller is not available, it could adversely af) Tj ET Q q 0 0 0 rg BT 487.33 46.10 Td (fect our financial ) Tj ET Q endstream endobj 55 0 obj <> endobj 56 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (position and results of operations. Conversely) Tj ET Q q 0 0 0 rg BT 232.66 742.10 Td (, if future releases or other liabilities arise from assets we have sold, we could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (incur costs related to those liabilities if the buyer possesses valid indemnification rights against us with respect to those assets.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Climate change and fuels legislation and other regulatory initiatives may decrease demand for the products we store, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (transport and sell and increase our operating costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (In response to scientific studies asserting that emissions of certain greenhouse gases such as carbon dioxide and methane may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (be contributing to warming of the Earth) Tj ET Q q 0 0 0 rg BT 211.63 670.10 Td (s atmosphere, the U.S. Congress, European Union and other political bodies have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (considered legislation or regulation to reduce emissions of greenhouse gases. ) Tj ET Q q 0 0 0 rg BT 360.57 658.10 Td (T) Tj ET Q q 0 0 0 rg BT 365.98 658.10 Td (o the extent the United States and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (countries impose climate change regulations on the oil industry) Tj ET Q q 0 0 0 rg BT 302.62 646.10 Td (, it could have an adverse direct or indirect ef) Tj ET Q q 0 0 0 rg BT 483.47 646.10 Td (fect on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (Passage of climate change or fuels legislation or other regulatory initiatives in fuel ef) Tj ET Q q 0 0 0 rg BT 389.99 610.10 Td (ficiency) Tj ET Q q 0 0 0 rg BT 421.54 610.10 Td (, fuel additives, renewable fuels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (and other areas in which we conduct business could result in changes to the demand for the products we store, transport and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (sell, and could increase the costs of our operations, including costs to operate and maintain our facilities, install new emission ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (controls on our facilities, acquire allowances to authorize our greenhouse gas or other emissions, pay any taxes related to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (greenhouse gas or other emissions or administer and manage emissions programs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (In addition, certain of our blending operations can result in requirements to purchase renewable ener) Tj ET Q q 0 0 0 rg BT 451.62 538.10 Td (gy credits. Even though we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (attempt to mitigate such lost revenues or increased costs through the contracts we sign with our customers, we may be unable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (to recover those revenues or mitigate the increased costs, and any such recovery may depend on events beyond our control, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (including the outcome of future rate proceedings before the FERC, the STB or other regulators and the provisions of any final ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (legislation or regulations. Reductions in our revenues or increases in our expenses as a result of climate change legislation or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (other regulatory initiatives could have adverse ef) Tj ET Q q 0 0 0 rg BT 245.30 478.10 Td (fects on our business, financial position, results of operations and prospects.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Finally) Tj ET Q q 0 0 0 rg BT 77.69 454.10 Td (, increasing concentrations of greenhouse gases in the Earth) Tj ET Q q 0 0 0 rg BT 319.55 454.10 Td (s atmosphere may produce climate changes that have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (significant physical ef) Tj ET Q q 0 0 0 rg BT 138.13 442.10 Td (fects, such as increased frequency and severity of storms, floods and other climatic events. If any such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 430.10 Td (fects were to occur) Tj ET Q q 0 0 0 rg BT 132.98 430.10 Td (, they could have an adverse ef) Tj ET Q q 0 0 0 rg BT 256.35 430.10 Td (fect on our assets and operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Our operations are subject to federal, state and local laws and regulations, in the U.S. and in the other countries in which ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (we operate, relating to environmental, health, safety and security that could require us to make substantial expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (Our operations are subject to increasingly stringent international, federal, state and local environmental, health, safety and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (security laws and regulations. ) Tj ET Q q 0 0 0 rg BT 171.18 370.10 Td (T) Tj ET Q q 0 0 0 rg BT 176.93 370.10 Td (ransporting, storing and distributing hazardous materials, including petroleum products, entails ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (the risk that these products may be released into the environment, potentially causing substantial expenditures for a response ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (action, significant government penalties, liability to government agencies including for damages to natural resources, personal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (injury or property damages to private parties and significant business interruption. Further) Tj ET Q q 0 0 0 rg BT 410.07 334.10 Td (, certain of our pipeline facilities may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (be subject to the pipeline integrity and safety regulations of various federal and state regulatory agencies. In recent years, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (increased regulatory focus on pipeline integrity and safety has resulted in various proposed or adopted regulations. ) Tj ET Q q 0 0 0 rg BT 510.52 310.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (implementation of these regulations, and the adoption of future regulations, could require us to make additional capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (expenditures, including to install new or modified safety measures, or to conduct new or more extensive maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (programs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (Current and future legislative action and regulatory initiatives could also result in changes to operating permits, material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (changes in operations, increased capital expenditures and operating costs, increased costs of the goods we transport and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (decreased demand for products we handle that cannot be assessed with certainty at this time. ) Tj ET Q q 0 0 0 rg BT 422.47 226.10 Td (W) Tj ET Q q 0 0 0 rg BT 431.11 226.10 Td (e may be required to make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (expenditures to modify operations or install pollution control equipment or release prevention and containment systems that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (could materially and adversely af) Tj ET Q q 0 0 0 rg BT 183.10 202.10 Td (fect our business, financial condition, results of operations and liquidity if these expenditures, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (as with all costs, are not ultimately reflected in the tarif) Tj ET Q q 0 0 0 rg BT 270.58 190.10 Td (fs and other fees we receive for our services.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 166.10 Td (e own or lease a number of properties that were used to transport, store or distribute products for many years before we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (acquired them; therefore, such properties were operated by third parties whose handling, disposal or release of products and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (wastes was not under our control. Environmental laws and regulations could impose obligations to conduct assessment or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (remediation ef) Tj ET Q q 0 0 0 rg BT 107.85 130.10 Td (forts at our facilities, third-party sites where we take wastes for disposal, or where wastes have migrated. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (Environmental laws and regulations also may impose joint and several liability on us for the conduct of third parties or for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (actions that complied with applicable requirements when taken, regardless of negligence or fault. If we were to incur a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (significant liability pursuant to environmental, health, safety or security laws or regulations, such a liability could have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (material adverse ef) Tj ET Q q 0 0 0 rg BT 125.88 82.10 Td (fect on our financial position.) Tj ET Q endstream endobj 57 0 obj <> endobj 58 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (28) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Our interstate common carrier pipelines are subject to regulation by the FERC. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (The FERC regulates the tarif) Tj ET Q q 0 0 0 rg BT 165.34 730.25 Td (f rates and terms and conditions of service for interstate oil movements on our common carrier ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (pipelines. FERC regulations require that these rates must be just and reasonable and that the pipeline not engage in undue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (discrimination or undue preference with respect to any shipper) Tj ET Q q 0 0 0 rg BT 299.92 706.25 Td (. Under the ICA, the FERC or shippers may challenge our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (pipeline tarif) Tj ET Q q 0 0 0 rg BT 101.19 694.25 Td (f filings, including rates and terms and conditions of service. Further) Tj ET Q q 0 0 0 rg BT 375.17 694.25 Td (, other than for rates set under market-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (rate authority) Tj ET Q q 0 0 0 rg BT 102.94 682.25 Td (, if a new rate is challenged by protest and investigated by the FERC, the FERC may suspend collection of such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (new rate for up to seven months. If such new rate is found to be unjust and unreasonable, the FERC may order refunds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (amounts collected in excess of amounts generated by the just and reasonable rate determined by the FERC. ) Tj ET Q q 0 0 0 rg BT 480.43 658.25 Td (A) Tj ET Q q 0 0 0 rg BT 487.10 658.25 Td ( successful rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (challenge could result in a common carrier paying refunds together with interest for the period that the rate was in ef) Tj ET Q q 0 0 0 rg BT 515.76 646.25 Td (fect. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (addition, shippers may challenge by complaint tarif) Tj ET Q q 0 0 0 rg BT 255.60 634.25 Td (f rates and terms and conditions of service even after the rates and terms and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (conditions of service are in ef) Tj ET Q q 0 0 0 rg BT 168.38 622.25 Td (fect. If the FERC, in response to such a complaint or on its own initiative, initiates an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (investigation of rates that are already in ef) Tj ET Q q 0 0 0 rg BT 218.36 610.25 Td (fect, the FERC may order a carrier to change its rates prospectively) Tj ET Q q 0 0 0 rg BT 487.05 610.25 Td (. If existing rates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (are challenged and are determined by the FERC to be in excess of a just and reasonable level, any complaining shipper may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (obtain reparations for damages sustained during the two years prior to the date the shipper filed a complaint.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 562.25 Td (e are able to use various FERC-authorized rate change methodologies for our interstate pipelines, including indexed rates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (cost-of-service rates, market-based rates and settlement rates. ) Tj ET Q q 0 0 0 rg BT 297.76 550.25 Td (T) Tj ET Q q 0 0 0 rg BT 303.17 550.25 Td (ypically) Tj ET Q q 0 0 0 rg BT 334.74 550.25 Td (, we adjust our rates annually in accordance with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (FERC indexing methodology) Tj ET Q q 0 0 0 rg BT 167.13 538.25 Td (, which currently allows a pipeline to change its rates within prescribed ceiling levels that are tied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (to an inflation index. For the five-year period beginning July 1, 201) Tj ET Q q 0 0 0 rg BT 319.85 526.25 Td (1, the index was measured by the year) Tj ET Q q 0 0 0 rg BT 472.37 526.25 Td (-over) Tj ET Q q 0 0 0 rg BT 493.27 526.25 Td (-year change in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (the Bureau of Labor) Tj ET Q q 0 0 0 rg BT 131.17 514.25 Td () Tj ET Q q 0 0 0 rg BT 133.95 514.25 Td (s producer price index for finished goods, plus 2.65%. For the five-year period beginning July 1, 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (which will end on June 30, 2021, the current index is measured by the year) Tj ET Q q 0 0 0 rg BT 349.72 502.25 Td (-over) Tj ET Q q 0 0 0 rg BT 370.62 502.25 Td (-year change in the Bureau of Labor) Tj ET Q q 0 0 0 rg BT 515.92 502.25 Td () Tj ET Q q 0 0 0 rg BT 518.70 502.25 Td (s producer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (price index for finished goods, plus 1.23%. It is possible that the index may result in a negative adjustment in some years, in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (which case we are required to reduce any rates that exceed the new maximum allowable rate. It is also possible that changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (the index might not be lar) Tj ET Q q 0 0 0 rg BT 152.85 466.25 Td (ge enough to fully reflect actual increases in our costs. Some of our newer projects that have involved ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (an open season include negotiated indexation rate caps that restrict the index rate increases that can be made during the term of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (the applicable transportation service agreements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (In October 2016, the FERC initiated an ) Tj ET Q q 0 0 0 rg BT 209.42 418.25 Td (Advance Notice of Proposed Rulemaking \(ANOPR\) to determine whether to require oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (pipeline companies to file cost and revenue data for each of the company) Tj ET Q q 0 0 0 rg BT 344.88 406.25 Td (s pipeline systems, with the definition of such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (systems also part of the ) Tj ET Q q 0 0 0 rg BT 145.82 394.25 Td (ANOPR. ) Tj ET Q q 0 0 0 rg BT 184.17 394.25 Td (Among other things, the ) Tj ET Q q 0 0 0 rg BT 283.33 394.25 Td (ANOPR also proposed that index rate adjustments be capped or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (prohibited under certain circumstances and that ceiling rates be capped under certain circumstances. In particular) Tj ET Q q 0 0 0 rg BT 501.34 382.25 Td (, the FERC has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (proposed denying index increases to a pipeline if its FERC Form No. 6 reflects revenues in excess of total cost of service by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (15% for both of the prior two years or the proposed index increase would exceed by 5% the pipeline) Tj ET Q q 0 0 0 rg BT 454.32 358.25 Td (s annual cost changes. ) Tj ET Q q 0 0 0 rg BT 545.50 358.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (FERC also has proposed requiring pipelines to file additional information for crude and product pipelines, non-contiguous ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (systems and major pipeline systems. ) Tj ET Q q 0 0 0 rg BT 198.13 334.25 Td (The ) Tj ET Q q 0 0 0 rg BT 215.63 334.25 Td (ANOPR remains pending and FERC has taken no action with regard to the ) Tj ET Q q 0 0 0 rg BT 517.52 334.25 Td (ANOPR ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (since receiving initial comments. ) Tj ET Q q 0 0 0 rg BT 184.50 322.25 Td (The methodologies proposed in the ) Tj ET Q q 0 0 0 rg BT 327.53 322.25 Td (ANOPR, if adopted, could result in changes in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (revenue that do not fully reflect changes in costs we incur to operate and maintain our pipelines. ) Tj ET Q q 0 0 0 rg BT 436.91 310.25 Td (They also could lead to an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (increase in rate litigation at the FERC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (In March 2018, the FERC, in its Revised Policy Statement on the ) Tj ET Q q 0 0 0 rg BT 313.68 274.25 Td (T) Tj ET Q q 0 0 0 rg BT 319.44 274.25 Td (reatment of Income ) Tj ET Q q 0 0 0 rg BT 400.05 274.25 Td (T) Tj ET Q q 0 0 0 rg BT 405.46 274.25 Td (axes \(Revised Policy\), reversed its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (long-standing policy that allowed master limited partnership \(MLP\) pipelines to include in their cost of service an income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (allowance \(IT) Tj ET Q q 0 0 0 rg BT 105.00 250.25 Td (A\) if they could demonstrate that the ultimate pipeline owners have an actual or potential income tax liability on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (such income. ) Tj ET Q q 0 0 0 rg BT 105.08 238.25 Td (The FERC stated that the reversal was required by a July 2016 D.C. Circuit Court of ) Tj ET Q q 0 0 0 rg BT 445.02 238.25 Td (Appeals decision that found ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (the FERC had failed to demonstrate that there is no double recovery of taxes for partnerships that receive an income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (allowance in addition to the return they receive through the rate of return on equity) Tj ET Q q 0 0 0 rg BT 380.90 214.25 Td (. In July 2018, in an order on rehearing, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (FERC modified the Revised Policy by providing MLP) Tj ET Q q 0 0 0 rg BT 267.68 202.25 Td ( pipelines with the opportunity to ar) Tj ET Q q 0 0 0 rg BT 410.81 202.25 Td (gue for inclusion of an IT) Tj ET Q q 0 0 0 rg BT 512.48 202.25 Td (A) Tj ET Q q 0 0 0 rg BT 519.15 202.25 Td ( on a case-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (by-case basis, as opposed to having no opportunity to recover an IT) Tj ET Q q 0 0 0 rg BT 319.69 190.25 Td (A. ) Tj ET Q q 0 0 0 rg BT 331.73 190.25 Td (The order on rehearing also allowed pipelines that will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (no longer recover an IT) Tj ET Q q 0 0 0 rg BT 143.60 178.25 Td (A) Tj ET Q q 0 0 0 rg BT 150.27 178.25 Td ( to eliminate previously ) Tj ET Q q 0 0 0 rg BT 246.92 178.25 Td (Accumulated Deferred Income ) Tj ET Q q 0 0 0 rg BT 373.06 178.25 Td (T) Tj ET Q q 0 0 0 rg BT 378.47 178.25 Td (ax from cost of service, instead of flowing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (those amounts back to ratepayers, which has the ef) Tj ET Q q 0 0 0 rg BT 252.81 166.25 Td (fect of increasing a pipeline) Tj ET Q q 0 0 0 rg BT 366.65 166.25 Td (s cost of service. Petitions for review of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (Revised Policy and order on rehearing have been filed and are currently pending in the D.C. Circuit Court of ) Tj ET Q q 0 0 0 rg BT 486.82 154.25 Td (Appeals.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (The Revised Policy and order on rehearing do not impact market-based rates or settlement rates, and have no immediate impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (on indexed rates, based on the fact that the current index will remain in ef) Tj ET Q q 0 0 0 rg BT 344.43 118.25 Td (fect through June 30, 2021. However) Tj ET Q q 0 0 0 rg BT 492.61 118.25 Td (, following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (issuance of the Revised Policy) Tj ET Q q 0 0 0 rg BT 171.55 106.25 Td (, the FERC now requires liquids pipelines or) Tj ET Q q 0 0 0 rg BT 349.68 106.25 Td (ganized as MLPs to eliminate the MLP) Tj ET Q q 0 0 0 rg BT 505.95 106.25 Td ( IT) Tj ET Q q 0 0 0 rg BT 517.09 106.25 Td (A) Tj ET Q q 0 0 0 rg BT 523.76 106.25 Td ( in their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (Form No. 6, page 700 reporting. ) Tj ET Q q 0 0 0 rg BT 181.74 94.25 Td (The FERC has stated that it will incorporate the ef) Tj ET Q q 0 0 0 rg BT 382.90 94.25 Td (fects of this change to the page 700 data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (when it commences its next five-year review of the oil pipeline index level in 2020, for rates that will take ef) Tj ET Q q 0 0 0 rg BT 484.95 82.25 Td (fect on July 1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (2021. ) Tj ET Q q 0 0 0 rg BT 74.82 70.25 Td (The FERC has not yet commenced this proceeding. ) Tj ET Q endstream endobj 59 0 obj <> endobj 60 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (29) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Changes to FERC rate-making principles or pronouncements could have an adverse impact on our ability to recover the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (full cost of operating our pipeline facilities and our ability to make distributions to our unitholders. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (If the FERC) Tj ET Q q 0 0 0 rg BT 101.67 718.25 Td (s ratemaking methodologies change, such change or new methodologies could result in rates that generate lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (revenues and cash flow and could adversely af) Tj ET Q q 0 0 0 rg BT 236.13 706.25 Td (fect our ability to make distributions to our unitholders and to meet our debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (service requirements. ) Tj ET Q q 0 0 0 rg BT 137.84 694.25 Td (W) Tj ET Q q 0 0 0 rg BT 146.47 694.25 Td (e believe our rates are consistent with FERC statutory and regulatory requirements, but challenges to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (our rates could be filed with the FERC and FERC decisions resulting from those challenges could reduce our rates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (adversely af) Tj ET Q q 0 0 0 rg BT 98.40 670.25 Td (fect our cash flows. ) Tj ET Q q 0 0 0 rg BT 178.66 670.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 228.56 670.25 Td (, because competition constrains our rates in various markets, we may from time to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (time be forced to reduce some of our rates to remain competitive.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (The rates that we may charge on our interstate ammonia pipeline are subject to regulation by the STB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.50 622.25 Td (Ammonia Pipeline is subject to regulation by the STB, which is part of the DOT) Tj ET Q q 0 0 0 rg BT 388.65 622.25 Td (.) Tj ET Q q 0 0 0 rg BT 393.47 622.25 Td (The ) Tj ET Q q 0 0 0 rg BT 410.96 622.25 Td (Ammonia Pipeline) Tj ET Q q 0 0 0 rg BT 489.01 622.25 Td (s rates, rules and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (practices related to the interstate transportation of anhydrous ammonia must be reasonable and, in providing interstate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (transportation, our ) Tj ET Q q 0 0 0 rg BT 125.82 598.25 Td (Ammonia Pipeline may not subject a shipper to unreasonable discrimination.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (Increases in natural gas and power prices could adversely af) Tj ET Q q 0 0 0 rg BT 298.99 574.25 Td (fect our operating expenses and our ability to make ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (Power costs constitute a significant portion of our operating expenses. For the year ended December31, 2018, our power costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (equaled approximately $56.4 million, or 1) Tj ET Q q 0 0 0 rg BT 218.20 538.25 Td (1.6% of our operating expenses for the year) Tj ET Q q 0 0 0 rg BT 392.59 538.25 Td (. ) Tj ET Q q 0 0 0 rg BT 397.41 538.25 Td (W) Tj ET Q q 0 0 0 rg BT 406.04 538.25 Td (e use mainly electric power at our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (pipeline pump stations and terminals, and such electric power is furnished by various utility companies that primarily use ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (natural gas to generate electricity) Tj ET Q q 0 0 0 rg BT 182.06 514.25 Td (. ) Tj ET Q q 0 0 0 rg BT 186.51 514.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 235.84 514.25 Td (, our power costs typically fluctuate with natural gas prices, and increases in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (natural gas prices may cause our power costs to increase further) Tj ET Q q 0 0 0 rg BT 304.90 502.25 Td (. If natural gas prices increase, our cash flows may be adversely ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (af) Tj ET Q q 0 0 0 rg BT 57.59 490.25 Td (fected, which could adversely af) Tj ET Q q 0 0 0 rg BT 187.07 490.25 Td (fect our ability to make distributions to our unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.19 466.25 Td (errorist attacks and the threat of future attacks worldwide, as well as continued hostilities in the Middle East or other ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (sustained military campaigns, may adversely impact our results of operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (The United States Department of Homeland Security has identified pipelines and other ener) Tj ET Q q 0 0 0 rg BT 416.93 442.25 Td (gy infrastructure assets as ones that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (might be specific tar) Tj ET Q q 0 0 0 rg BT 131.73 430.25 Td (gets of terrorist or) Tj ET Q q 0 0 0 rg BT 203.48 430.25 Td (ganizations. ) Tj ET Q q 0 0 0 rg BT 253.84 430.25 Td (These potential tar) Tj ET Q q 0 0 0 rg BT 328.07 430.25 Td (gets might include our pipeline systems, storage facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (or operating systems and may af) Tj ET Q q 0 0 0 rg BT 179.51 418.25 Td (fect our ability to operate or control our pipeline and storage assets. Increased security ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (measures we have taken as a precaution against possible terrorist attacks have resulted in increased costs to our business. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (Uncertainty surrounding continued hostilities in the Middle East or other sustained military campaigns may af) Tj ET Q q 0 0 0 rg BT 490.28 394.25 Td (fect our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (operations in unpredictable ways, including disruptions of crude oil supplies and markets for refined products, instability in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (financial markets that could restrict our ability to raise capital and the possibility that infrastructure facilities could be direct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (tar) Tj ET Q q 0 0 0 rg BT 60.37 358.25 Td (gets of, or indirect casualties of, an attack.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (Hedging transactions may limit our potential gains or result in significant financial losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (While intended to reduce the ef) Tj ET Q q 0 0 0 rg BT 175.60 322.25 Td (fects of volatile commodity prices, hedging transactions, depending on the hedging instrument ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (used, may limit our potential gains if petroleum product prices were to rise substantially over the price established by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (hedge. In addition, such transactions may expose us to the risk of financial loss in certain circumstances, including instances in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (which there is a change in the expected dif) Tj ET Q q 0 0 0 rg BT 220.30 286.25 Td (ferential between the underlying price in the hedging agreement and the actual prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (received.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (The accounting standards regarding hedge accounting are complex and, even when we engage in hedging transactions that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 238.25 Td (fective economically) Tj ET Q q 0 0 0 rg BT 140.51 238.25 Td (, these transactions may not be considered ef) Tj ET Q q 0 0 0 rg BT 319.16 238.25 Td (fective for accounting purposes. ) Tj ET Q q 0 0 0 rg BT 449.39 238.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 498.73 238.25 Td (, our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (statements will reflect increased volatility due to these hedges, even when there is no underlying economic impact at that point. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (It is not possible for us to engage in a hedging transaction that completely mitigates our exposure to commodity prices, and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (financial statements may reflect a gain or loss arising from an exposure to commodity prices for which we are unable to enter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (into an ef) Tj ET Q q 0 0 0 rg BT 87.58 190.25 Td (fective hedge.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (Our purchase and sale of petroleum products may expose us to trading losses and hedging losses, and non-compliance with ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (our risk management policies could result in significant financial losses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (Although our marketing and trading of petroleum products represent a small percentage of our overall business, these activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (expose us to some commodity price volatility risk for the purchase and sale of petroleum products, including distillates and fuel ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (oil. ) Tj ET Q q 0 0 0 rg BT 65.38 118.25 Td (W) Tj ET Q q 0 0 0 rg BT 74.01 118.25 Td (e attempt to mitigate this volatility risk through hedging, but we are still exposed to basis risk and may be required to post ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (cash collateral under our hedging arrangements. ) Tj ET Q q 0 0 0 rg BT 244.46 106.25 Td (W) Tj ET Q q 0 0 0 rg BT 253.10 106.25 Td (e also may be exposed to inventory and financial liquidity risk due to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (inability to trade certain products or rising costs of carrying some inventories. Further) Tj ET Q q 0 0 0 rg BT 392.57 94.25 Td (, our marketing and trading activities, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (including any hedging activities, may cause volatility in our earnings. In addition, we will be exposed to credit risk in the event ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (of non-performance by counterparties.) Tj ET Q endstream endobj 61 0 obj <> endobj 62 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Our risk management policies may not eliminate all price risk since open trading positions will expose us to price volatility) Tj ET Q q 0 0 0 rg BT 542.29 742.10 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (there is a risk that our risk management policies will not be complied with. ) Tj ET Q q 0 0 0 rg BT 351.32 730.10 Td (Although we have designed procedures to anticipate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (and detect non-compliance, we cannot assure you that these steps will detect and prevent all violations of our trading policies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (and procedures, particularly if deception and other intentional misconduct are involved.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (If we fail to maintain an ef) Tj ET Q q 0 0 0 rg BT 160.38 682.10 Td (fective system of internal controls, we may not be able to report our financial results accurately ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (or prevent fraud, which could have a material and adverse impact on our financial condition, results of operations, cash ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (flows and ability to make distributions to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Under Section 404 of the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 218.85 646.10 Td (Act of 2002, we are required to disclose material changes made in our internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (controls over financial reporting on a quarterly basis and we are required to assess the ef) Tj ET Q q 0 0 0 rg BT 403.30 634.10 Td (fectiveness of our controls annually) Tj ET Q q 0 0 0 rg BT 545.39 634.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 59.26 622.10 Td (fective internal controls are necessary for us to provide reliable and timely financial reports. Given the dif) Tj ET Q q 0 0 0 rg BT 481.97 622.10 Td (ficulties inherent in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (the design and operation of internal controls over financial reporting, we may be unable to maintain ef) Tj ET Q q 0 0 0 rg BT 458.85 610.10 Td (fective controls over our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (financial processes and reporting in the future or to comply with our obligations under Section 404.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (For the foregoing reasons, we can provide no assurance as to our) Tj ET Q q 0 0 0 rg BT 308.96 574.10 Td (, or our independent registered public accounting firm) Tj ET Q q 0 0 0 rg BT 527.78 574.10 Td (s, future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (conclusions about the ef) Tj ET Q q 0 0 0 rg BT 146.74 562.10 Td (fectiveness of our internal controls, and we may incur significant costs in our ef) Tj ET Q q 0 0 0 rg BT 465.35 562.10 Td (forts to comply with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Section 404. ) Tj ET Q q 0 0 0 rg BT 101.94 550.10 Td (Any failure to maintain ef) Tj ET Q q 0 0 0 rg BT 205.62 550.10 Td (fective internal controls over financial reporting will subject us to regulatory scrutiny ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (and a loss of confidence in our reported financial information, which could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 456.60 538.10 Td (fect on our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (condition, results of operations and cash flows and our ability to make distributions to our unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (RISKS INHERENT IN ) Tj ET Q q 0 0 0 rg BT 148.83 502.10 Td (AN INVESTMENT IN US) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (As a master limited partnership, we do not have the same flexibility as corporations and other types of organizations may ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (have to accumulate cash and equity and prevent illiquidity in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Unlike a corporation, our partnership agreement requires us to make quarterly distributions to our common unitholders of all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (available cash, after taking into account reserves for commitments and contingencies, including capital and operating costs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (debt service requirements and payments with respect to our preferred units. ) Tj ET Q q 0 0 0 rg BT 353.23 430.10 Td (As a result, we do not accumulate equity in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (form of retained earnings in a manner typical of many other forms of or) Tj ET Q q 0 0 0 rg BT 336.67 418.10 Td (ganizations, including most traditional public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (corporations. ) Tj ET Q q 0 0 0 rg BT 104.80 406.10 Td (W) Tj ET Q q 0 0 0 rg BT 113.44 406.10 Td (e are therefore more likely than those or) Tj ET Q q 0 0 0 rg BT 273.47 406.10 Td (ganizations to require issuances of additional debt and equity securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (to finance our growth plans, meet unforeseen cash requirements and service our debt and other obligations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.90 370.10 Td (, the value of our common units and other limited partner interests may decrease in correlation with any reduction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (in our cash distributions per unit. ) Tj ET Q q 0 0 0 rg BT 184.16 358.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 233.49 358.10 Td (, if we experience a liquidity shortage in the future, we may not be able to issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (more equity to recapitalize.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Our cash distribution policy may limit our growth.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (In accordance with the terms of our partnership agreement, we distribute our available cash to our common unitholders each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (quarter) Tj ET Q q 0 0 0 rg BT 77.76 298.10 Td (. In determining the amount of cash available for distribution, we set aside cash reserves, which we use to fund our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (growth capital expenditures. ) Tj ET Q q 0 0 0 rg BT 165.52 286.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 215.42 286.10 Td (, we historically have relied upon external financing sources, including commercial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (borrowings and other debt and equity issuances, to fund our strategic capital expenditures and acquisitions. ) Tj ET Q q 0 0 0 rg BT 480.17 274.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 529.51 274.10 Td (, to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (extent we do not have suf) Tj ET Q q 0 0 0 rg BT 152.29 262.10 Td (ficient cash reserves or are unable to finance growth externally) Tj ET Q q 0 0 0 rg BT 402.92 262.10 Td (, our cash distribution policy will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (significantly impair our ability to grow) Tj ET Q q 0 0 0 rg BT 205.16 250.10 Td (. In addition, to the extent we issue additional units in connection with any acquisitions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (or growth capital expenditures, the payment of distributions on those additional units may increase the risk that we will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (unable to maintain our current per unit distribution level.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (Unitholders have limited voting rights, and our partnership agreement restricts the voting rights of certain unitholders ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (owning 20% or more of any class of our units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Unlike holders of common stock in a corporation, unitholders have only limited voting rights on matters af) Tj ET Q q 0 0 0 rg BT 477.24 178.10 Td (fecting our business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (and, therefore, limited ability to influence management) Tj ET Q q 0 0 0 rg BT 273.25 166.10 Td (s decisions regarding our business. Unitholders) Tj ET Q q 0 0 0 rg BT 464.70 166.10 Td ( voting rights are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (further restricted by a provision in our partnership agreement providing that units held by certain persons that own 20% or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (more of any class of units then outstanding cannot vote on any matter without the prior approval of our general partner) Tj ET Q q 0 0 0 rg BT 524.31 142.10 Td (.) Tj ET Q endstream endobj 63 0 obj <> endobj 64 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (31) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 742.25 Td (e may issue additional equity securities, including equity securities that are senior to the common units, which would ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (dilute our unitholders) Tj ET Q q 0 0 0 rg BT 142.62 730.25 Td ( existing ownership interests.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Our partnership agreement allows us to issue additional equity securities without the approval of other unitholders as long as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (the newly issued equity securities are not senior to, or pari passu with, our preferred units.) Tj ET Q q 0 0 0 rg BT 412.23 706.25 Td (There is no limit on the total number ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (of equity securities we may issue.If we issue additional equity securities, the proportionate partnership interest of our existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (common unitholders and the relative voting strength of the previously outstanding common units and Series D Preferred Units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (will decrease.) Tj ET Q q 0 0 0 rg BT 106.92 670.25 Td (Any additional issuance may increase the risk that we will be unable to maintain or increase our per common unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (distribution level.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 634.25 Td (ith the consent of a majority of the Series D Preferred Units, we may issue an unlimited number of units that are senior to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (common units and pari passu with our preferred units. However) Tj ET Q q 0 0 0 rg BT 305.09 622.25 Td (, in certain circumstances, we may be required to obtain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (approval of a majority of each class of our preferred units before we could issue equity securities that are pari passu with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (preferred units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (Our issuance of additional units or other equity interests of equal or senior rank will have the following ef) Tj ET Q q 0 0 0 rg BT 473.04 574.25 Td (fects:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 562.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 562.25 Td (our unitholders) Tj ET Q q 0 0 0 rg BT 167.41 562.25 Td ( proportionate ownership interest in us will decrease;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 550.25 Td (the amount of cash available for distribution on each unit may decrease;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 538.25 Td (the ratio of taxable income to distributions may increase;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 526.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 526.25 Td (the relative voting strength of each previously outstanding unit may be diminished; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 514.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 514.25 Td (the market price of our common units and preferred units may decline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (Holders of our Series D Preferred Units generally have the same voting rights as holders of our common units and generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (vote on an as-converted basis with the holders of our common units as a single class. ) Tj ET Q q 0 0 0 rg BT 391.32 478.25 Td (Although holders of our other preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (units also have voting rights, such rights are limited to certain matters and require that such holders vote as a separate class with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (all other series of our equally ranked securities that may be issued and possess similar voting rights. ) Tj ET Q q 0 0 0 rg BT 451.03 454.25 Td (As a result, the voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (rights of holders of our preferred units may be significantly diluted, and the holders of such future securities of equal rank may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (be able to control or significantly influence the outcome of any vote with respect to which the holders of the preferred units are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (entitled to vote. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (The issuance of additional units of equal or senior rank to the preferred units \(including additional preferred units of the same ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (series\) would dilute the interests of the holders of the preferred units. Furthermore, any issuance of \(a\) equity securities of any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (class or series that ranks equally with the preferred units as to \(i\) the payment of distributions or \(ii\) the amounts payable upon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (a liquidation event \(including additional preferred units of the same series\) or \(b\) equity securities with terms expressly made ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (senior to the preferred units as to \(i\) the payment of distributions or \(ii\) amounts payable upon a liquidation event or additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (indebtedness, could af) Tj ET Q q 0 0 0 rg BT 138.96 334.25 Td (fect our ability to pay distributions on, redeem or pay the liquidation preference on the preferred units. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (Our partnership agreement contains limited protections for the holders of our preferred units \(other than Series D Preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (Units\) in the event of a transaction, including a mer) Tj ET Q q 0 0 0 rg BT 255.87 298.25 Td (ger) Tj ET Q q 0 0 0 rg BT 268.24 298.25 Td (, sale, lease or conveyance of all or substantially all of our assets or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (business, which might adversely af) Tj ET Q q 0 0 0 rg BT 190.07 286.25 Td (fect the holders of the preferred units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (Future issuances and sales of securities that rank equally with our preferred units, or the perception that such issuances and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (sales could occur) Tj ET Q q 0 0 0 rg BT 118.46 250.25 Td (, may cause prevailing market prices for our preferred units and our common units to decline and may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (adversely af) Tj ET Q q 0 0 0 rg BT 98.40 238.25 Td (fect our ability to raise additional capital in the financial markets at times and prices favorable to us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (Furthermore, the payment of distributions on any additional units may increase the risk that we will not be able to make ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (distributions at our prior per unit distribution levels. ) Tj ET Q q 0 0 0 rg BT 260.07 202.25 Td (T) Tj ET Q q 0 0 0 rg BT 265.48 202.25 Td (o the extent new units are senior to our common units, their issuance will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (increase the uncertainty of the payment of distributions on our common units.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (If we do not pay distributions on our preferred units in any distribution period, we will be unable to declare or pay ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (distributions on our common units until all unpaid preferred unit distributions have been paid, and our common ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (unitholders are not entitled to receive distributions for such prior period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (Our preferred units rank senior to our common units with respect to distribution rights and rights upon liquidation. If we do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (pay the required distributions on our preferred units, we will be unable to declare or pay distributions on our common units. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.90 106.25 Td (, because distributions to our preferred unitholders are cumulative, we will have to pay all unpaid accumulated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (preferred distributions before we can declare or pay any distributions to our common unitholders. ) Tj ET Q q 0 0 0 rg BT 441.84 94.25 Td (Also, because distributions to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (our common unitholders are not cumulative, if we do not pay distributions on our common units with respect to any quarter) Tj ET Q q 0 0 0 rg BT 544.22 82.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (our common unitholders will not be entitled to receive distributions covering any prior periods. In addition, if we do not pay the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (required distributions on our Series D Preferred Units for three consecutive distribution periods, the holders of our Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.25 Td (Preferred Units have certain additional rights until such distributions are paid, including the right to convert the Series D ) Tj ET Q endstream endobj 65 0 obj <> endobj 66 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Preferred Units into common units, the right to appoint one director to our board of directors and the right to approve certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (indebtedness, acquisitions or asset sales. ) Tj ET Q q 0 0 0 rg BT 213.96 730.10 Td (The preferences and privileges of our preferred units could adversely af) Tj ET Q q 0 0 0 rg BT 500.31 730.10 Td (fect the market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (price for our common units, or could make it more dif) Tj ET Q q 0 0 0 rg BT 266.15 718.10 Td (ficult for us to sell our common units in the future.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Unitholders may not have limited liability if a court finds that unitholder action constitutes control of our business or that ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (we have not complied with applicable statutes, which may have an impact on the cash we have available to make ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (distributions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (Under Delaware law) Tj ET Q q 0 0 0 rg BT 132.08 658.10 Td (, unitholders could be held liable for our obligations to the same extent as a general partner if a court ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (determined that actions of a unitholder constituted participation in the control of our business.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Under Delaware law) Tj ET Q q 0 0 0 rg BT 132.08 622.10 Td (, the general partner generally has unlimited liability for the obligations of the partnership, such as its debts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (and environmental liabilities, except for those contractual obligations of the partnership that are expressly made without ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (recourse to the general partner) Tj ET Q q 0 0 0 rg BT 171.05 598.10 Td (. In addition, Section17-607 of the Delaware Revised Uniform Limited Partnership ) Tj ET Q q 0 0 0 rg BT 507.64 598.10 Td (Act \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Delaware ) Tj ET Q q 0 0 0 rg BT 90.25 586.10 Td (Act\) provides that, under some circumstances, a limited partner may be liable to us for the amount of a distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (for a period of three years from the date of the distribution.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Under certain circumstances, unitholders may have liability to repay distributions wrongfully distributed to them.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (Under Section 17-607 of the Delaware ) Tj ET Q q 0 0 0 rg BT 206.62 538.10 Td (Act, we may not make a distribution to our unitholders if the distribution would cause ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (our liabilities to exceed the fair value of our assets. Liabilities to partners on account of their partnership interests and liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (that are nonrecourse to the partnership are not counted for purposes of determining whether a distribution is permitted. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (Delaware law provides that, for a period of three years from the date of an impermissible distribution, limited partners who ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (received the distribution and who knew at the time of the distribution that it violated Delaware law will be liable to us for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (repayment of the distribution amount. Likewise, upon the winding up of our partnership, in the event that \(a\) we do not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (distribute assets in the following order: \(1\) to creditors in satisfaction of our debts; \(2\) to partners and former partners in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (satisfaction of liabilities for distributions owed under our partnership agreement; \(3\) to partners for the return of their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (contributions; and finally \(4\) to the partners in the proportions in which the partners share in distributions and \(b\) a limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (partner knows at the time that the distribution violated the Delaware ) Tj ET Q q 0 0 0 rg BT 324.64 430.10 Td (Act, then such limited partner will be liable to repay the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (distribution for a period of three years from the impermissible distribution under Section 17-804 of the Delaware ) Tj ET Q q 0 0 0 rg BT 503.50 418.10 Td (Act.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 394.10 Td ( purchaser of our common or preferred units becomes a limited partner and is liable for the obligations of the transferring ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (limited partner to make contributions to us that are known to such purchaser of common or preferred units at the time it became ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (a limited partner and, for unknown obligations, if the liabilities could be determined from our partnership agreement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Unitholders may be required to sell their units to our general partner at an undesirable time or price.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (If at any time less than 20% of the outstanding units of any class \(other than our preferred units\) are held by persons other than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (the general partner and its af) Tj ET Q q 0 0 0 rg BT 163.93 322.10 Td (filiates, the general partner will have the right to acquire all, but not less than all, of those units at a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (price no less than their then-current market price. ) Tj ET Q q 0 0 0 rg BT 249.09 310.10 Td (As a consequence, a unitholder may be required to sell his common units at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (an undesirable time or price. ) Tj ET Q q 0 0 0 rg BT 166.44 298.10 Td (The general partner may assign this purchase right to any of its af) Tj ET Q q 0 0 0 rg BT 428.40 298.10 Td (filiates or to us.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (The NYSE does not require a publicly traded limited partnership like us to comply with certain of its corporate governance ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (requirements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 250.10 Td (e currently list our common units on the NYSE under the symbol NS and certain of our preferred units on the NYSE under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (the symbols NSprA, NSprB and NSprC, respectively) Tj ET Q q 0 0 0 rg BT 288.19 238.10 Td (. ) Tj ET Q q 0 0 0 rg BT 292.64 238.10 Td (Although our general partner has maintained a majority of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (independent directors on its board and all members of its board) Tj ET Q q 0 0 0 rg BT 305.49 226.10 Td (s audit committee, compensation committee and nominating/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (governance & conflicts committee are independent directors, because we are a publicly traded limited partnership, the NYSE ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (does not require us to have a majority of independent directors on our general partner) Tj ET Q q 0 0 0 rg BT 391.92 202.10 Td () Tj ET Q q 0 0 0 rg BT 394.70 202.10 Td (s board of directors or to have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (compensation committee or a nominating committee consisting of independent directors. ) Tj ET Q q 0 0 0 rg BT 407.97 190.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 457.87 190.10 Td (, any future issuance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (additional common or preferred units or other securities, including to af) Tj ET Q q 0 0 0 rg BT 336.68 178.10 Td (filiates, will not be subject to the NYSE) Tj ET Q q 0 0 0 rg BT 498.88 178.10 Td (s shareholder ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (approval rules that apply to a corporation. ) Tj ET Q q 0 0 0 rg BT 219.39 166.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 268.73 166.10 Td (, the NYSE does not mandate the same protections for our unitholders as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (are required for certain corporations that are subject to all of the NYSE corporate governance requirements. ) Tj ET Q endstream endobj 67 0 obj <> endobj 68 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (33) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.56 742.25 Td (AX RISKS T) Tj ET Q q 0 0 0 rg BT 108.18 742.25 Td (O OUR UNITHOLDERS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (If we were treated as a corporation for federal or state income tax purposes or we were otherwise subject to a material ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (amount of entity-level taxation, then our cash available for distribution to unitholders would be substantially reduced.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (The anticipated after) Tj ET Q q 0 0 0 rg BT 132.53 694.25 Td (-tax benefit of an investment in our units depends lar) Tj ET Q q 0 0 0 rg BT 343.68 694.25 Td (gely on our being treated as a partnership for federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (income tax purposes. ) Tj ET Q q 0 0 0 rg BT 137.02 682.25 Td (W) Tj ET Q q 0 0 0 rg BT 145.66 682.25 Td (e have not requested, and do not plan to request, a ruling from the Internal Revenue Service \(the IRS\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (on this matter) Tj ET Q q 0 0 0 rg BT 104.44 670.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (Despite the fact that we are a limited partnership under Delaware law) Tj ET Q q 0 0 0 rg BT 326.73 646.25 Td (, we will be treated as a corporation for federal income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (purposes unless we satisfy a qualifying income requirement. Based upon our current operations, we believe we satisfy the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (qualifying income requirement. Failing to meet the qualifying income requirement or a change in current law could cause us to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (be treated as a corporation for federal income tax purposes or otherwise subject us to taxation as an entity) Tj ET Q q 0 0 0 rg BT 471.43 610.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (If we were treated as a corporation for federal income tax purposes, we would pay federal income tax on our taxable income at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (the corporate tax rate and would likely pay state and local income tax at varying rates. Distributions to unitholders who are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (treated as holders of corporate stock would generally be taxed again as corporate dividends \(to the extent of our current and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (accumulated earnings and profits\), and no income, gains, losses, deductions or credits would flow through to unitholders. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (Because a tax would be imposed upon us as a corporation, our distributable cash flow would be substantially reduced.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (Moreover) Tj ET Q q 0 0 0 rg BT 89.03 526.25 Td (, changes in current state law may subject us to entity-level taxation by individual states. Because of widespread state ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (budget deficits and other reasons, several states are evaluating ways to subject partnerships to entity-level taxation through the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (imposition of state income, franchise and other forms of taxation. Imposition of any such taxes or an increase in the existing tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (rates would substantially reduce the cash available for distribution to our unitholders. ) Tj ET Q q 0 0 0 rg BT 393.34 490.25 Td (Therefore, if we were treated as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (corporation for federal income tax purposes or otherwise subjected to a material amount of entity-level taxation, there would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (a material reduction in the anticipated cash flow and after) Tj ET Q q 0 0 0 rg BT 279.98 466.25 Td (-tax return to our unitholders, likely causing a substantial reduction in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (the value of our units.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (The tax treatment of publicly traded partnerships or an investment in our units could be subject to potential legislative, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (judicial or administrative changes or dif) Tj ET Q q 0 0 0 rg BT 215.11 418.25 Td (fering interpretations, possibly applied on a retroactive basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (The present U.S. federal income tax treatment of publicly traded partnerships, including us, or an investment in our units may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (be modified by administrative, legislative or judicial changes or dif) Tj ET Q q 0 0 0 rg BT 318.63 394.25 Td (fering interpretations at any time. From time to time, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (members of Congress propose and consider such substantive changes to the existing federal income tax laws that af) Tj ET Q q 0 0 0 rg BT 512.19 382.25 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (publicly traded partnerships. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.87 346.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.28 346.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 142.72 346.25 Td (Act enacted December 22, 2017 made significant changes to the U.S. federal income tax rules ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (applicable to both individuals and entities, including changes to the tax rate on a unitholder) Tj ET Q q 0 0 0 rg BT 415.00 334.25 Td () Tj ET Q q 0 0 0 rg BT 417.78 334.25 Td (s allocable share of income from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (the publicly traded partnership. Unitholders should consult their tax advisor regarding the impact of the ) Tj ET Q q 0 0 0 rg BT 465.83 322.25 Td (T) Tj ET Q q 0 0 0 rg BT 471.24 322.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 540.68 322.25 Td (Act ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (\(and any other applicable tax laws, rules and regulations\) on us or an investment in our units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (Any changes to the federal income tax laws and interpretations thereof \(including administrative guidance relating to the ) Tj ET Q q 0 0 0 rg BT 534.93 286.25 Td (T) Tj ET Q q 0 0 0 rg BT 540.34 286.25 Td (ax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 107.51 274.25 Td (Act\) may be applied retroactively and could make it more dif) Tj ET Q q 0 0 0 rg BT 352.24 274.25 Td (ficult or impossible for us to meet the exception for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (certain publicly traded partnerships to be treated as partnerships for federal income tax purposes or otherwise adversely af) Tj ET Q q 0 0 0 rg BT 537.69 262.25 Td (fect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (our business, financial condition or results of operations. ) Tj ET Q q 0 0 0 rg BT 279.22 250.25 Td (W) Tj ET Q q 0 0 0 rg BT 287.86 250.25 Td (e are unable to predict whether any additional changes or other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (proposals will ultimately be enacted. ) Tj ET Q q 0 0 0 rg BT 198.85 238.25 Td (Any such changes could negatively impact the value of an investment in our units.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.12 214.25 Td ( successful IRS contest of the federal income tax positions we take may adversely impact the market for our units, and the ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (costs of any contest will reduce cash available for distribution to our unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (The IRS may adopt positions that dif) Tj ET Q q 0 0 0 rg BT 197.58 190.25 Td (fer from the positions we take, even positions taken with the advice of counsel. It may be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (necessary to resort to administrative or court proceedings to sustain some or all of the positions we take. ) Tj ET Q q 0 0 0 rg BT 468.51 178.25 Td (A) Tj ET Q q 0 0 0 rg BT 475.18 178.25 Td ( court may not agree ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (with all of the positions we take. ) Tj ET Q q 0 0 0 rg BT 182.20 166.25 Td (Any contest with the IRS may af) Tj ET Q q 0 0 0 rg BT 313.11 166.25 Td (fect adversely the taxable income reported to our unitholders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (and the income taxes they are required to pay) Tj ET Q q 0 0 0 rg BT 230.94 154.25 Td (. ) Tj ET Q q 0 0 0 rg BT 235.39 154.25 Td (As a result, any such contest with the IRS may materially and adversely impact ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (the market for our units and the prices at which they trade. In addition, the costs of any contest between us and the IRS will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (borne indirectly by our unitholders and our general partner because such costs will reduce our cash available for distribution.) Tj ET Q endstream endobj 69 0 obj <> endobj 70 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (34) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (If the IRS makes audit adjustments to our income tax returns for tax years beginning after December 31, 2017, it \(and some ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (states\) may assess and collect any taxes \(including any applicable penalties and interest\) resulting from such audit ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (adjustment directly from us, in which case we may elect to either pay the taxes directly to the IRS or to have our unitholders ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (and former unitholders take such audit adjustment into account and pay any resulting taxes. If we bear such payment, our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (cash available for distribution to our unitholders might be substantially reduced) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.94 694.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (Pursuant to the Bipartisan Budget ) Tj ET Q q 0 0 0 rg BT 186.93 682.25 Td (Act of 2015, for tax years beginning after December 31, 2017, if the IRS makes audit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (adjustments to our income tax returns, it \(and some states\) may assess and collect any taxes \(including any applicable penalties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (and interest\) resulting from such audit adjustment directly from us. ) Tj ET Q q 0 0 0 rg BT 320.03 658.25 Td (T) Tj ET Q q 0 0 0 rg BT 325.44 658.25 Td (o the extent possible under the new rules, our general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (partner may elect to either pay the taxes \(including any applicable penalties and interest\) directly to the IRS or) Tj ET Q q 0 0 0 rg BT 490.55 646.25 Td (, if we are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (eligible, issue a revised Schedule K-1 to each unitholder with respect to an audited and adjusted return. ) Tj ET Q q 0 0 0 rg BT 464.04 634.25 Td (Although our general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (partner may elect to have our unitholders and former unitholders take such audit adjustment into account and pay any resulting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (taxes \(including applicable penalties or interest\) in accordance with their interests in us during the tax year under audit, there ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (can be no assurance that such election will be practical, permissible or ef) Tj ET Q q 0 0 0 rg BT 341.09 598.25 Td (fective in all circumstances. ) Tj ET Q q 0 0 0 rg BT 454.66 598.25 Td (As a result, our current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (unitholders may bear some or all of the tax liability resulting from such audit adjustment, even if such unitholders did not own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (common units in us during the tax year under audit. If, as a result of any such audit adjustment, we make payments of taxes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (penalties and interest, our cash available for distribution to our unitholders might be substantially reduced.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (Even if unitholders do not receive any cash distributions from us, they will be required to pay taxes on their respective share ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (of our taxable income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (Unitholders will be required to pay federal income taxes and, in some cases, state and local income taxes on their respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (share of our taxable income, whether or not the unitholders receive cash distributions from us. Unitholders may not receive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (cash distributions from us equal to their respective share of our taxable income or even equal to the actual tax liability that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (results from their respective share of our taxable income.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.19 454.25 Td (ax gain or loss on the disposition of our units could be dif) Tj ET Q q 0 0 0 rg BT 292.28 454.25 Td (ferent than expected.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (If a unitholder sells units, the selling unitholder will recognize a gain or loss equal to the dif) Tj ET Q q 0 0 0 rg BT 416.96 442.25 Td (ference between the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (realized and the unitholder) Tj ET Q q 0 0 0 rg BT 157.27 430.25 Td () Tj ET Q q 0 0 0 rg BT 160.05 430.25 Td (s tax basis in those units. Prior distributions to the selling unitholder in excess of the total net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (taxable income the unitholder was allocated for a unit, which decreased the unitholder) Tj ET Q q 0 0 0 rg BT 394.97 418.25 Td () Tj ET Q q 0 0 0 rg BT 397.74 418.25 Td (s tax basis in that unit, will, in ef) Tj ET Q q 0 0 0 rg BT 528.11 418.25 Td (fect, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (become taxable income to the selling unitholder if the unit is sold at a price greater than the unitholder) Tj ET Q q 0 0 0 rg BT 459.69 406.25 Td () Tj ET Q q 0 0 0 rg BT 462.47 406.25 Td (s tax basis in that unit, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (even if the price the unitholder receives is less than the unit) Tj ET Q q 0 0 0 rg BT 290.20 394.25 Td (s original cost. ) Tj ET Q q 0 0 0 rg BT 350.75 394.25 Td (A) Tj ET Q q 0 0 0 rg BT 357.42 394.25 Td ( substantial portion of the amount realized, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (whether or not representing gain, may be ordinary income to the selling unitholder) Tj ET Q q 0 0 0 rg BT 379.63 382.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (Unitholders may be subject to limitations on their ability to deduct interest expense incurred by us.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (In general, we are entitled to a deduction for interest paid or accrued on indebtedness properly allocable to our trade or business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (during our taxable year) Tj ET Q q 0 0 0 rg BT 142.47 334.25 Td (. However) Tj ET Q q 0 0 0 rg BT 183.72 334.25 Td (, under the ) Tj ET Q q 0 0 0 rg BT 228.52 334.25 Td (T) Tj ET Q q 0 0 0 rg BT 233.93 334.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 303.38 334.25 Td (Act, for taxable years beginning after December 31, 2017, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (deduction for business interest is limited to the sum of our business interest income plus 30% of our adjusted taxable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (income. Recently issued proposed regulations would institute a broad definition of interest, treating certain amounts, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (amounts paid as guaranteed payments for the use of capital with respect to our preferred units, as business interest subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (the limitation. ) Tj ET Q q 0 0 0 rg BT 108.42 286.25 Td (This limitation is applied at the entity level for partnerships. For the purposes of this limitation, our adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (taxable income is computed without regard toany business interest expense or business interest income, and in the case of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (taxable years beginning before January 1, 2022, any deduction allowable for depreciation, amortization, or depletion. ) Tj ET Q q 0 0 0 rg BT 520.95 262.25 Td (Any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (interest disallowed at the partnership level may be carried forward and deducted in future years by a unitholder from his share ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (of our excess taxable income, which is generally equal to the excess of 30% of our adjusted taxable income over the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (of our deduction for business interest for such future taxable year) Tj ET Q q 0 0 0 rg BT 310.63 226.25 Td (, subject to certain restrictions.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.19 202.25 Td (ax-exempt entities face unique tax issues from owning our units that may result in adverse tax consequences to them.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (Investment in our units by tax-exempt entities, such as employee benefit plans and individual retirement accounts \(known as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (IRAs\) raises issues unique to them. For example, virtually all of our income allocated to or) Tj ET Q q 0 0 0 rg BT 413.34 178.25 Td (ganizations that are exempt from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (U.S. federal income tax, including IRAs and other retirement plans, will be unrelated business taxable income and will be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (taxable to them. Further) Tj ET Q q 0 0 0 rg BT 145.68 154.25 Td (, with respect to taxable years beginning after December 31, 2017, a tax-exempt entity with more than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (one unrelated trade or business \(including by attribution from investment in a partnership such as ours\) is required to compute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (the unrelated business taxable income of such tax-exempt entity separately with respect to each such trade or business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (\(including for purposes of determining any net operating loss deduction\). ) Tj ET Q q 0 0 0 rg BT 344.66 118.25 Td (As a result, for years beginning after December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (2017, it may not be possible for tax-exempt entities to utilize losses from an investment in us to of) Tj ET Q q 0 0 0 rg BT 442.81 106.25 Td (fset unrelated business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (taxable income from another unrelated trade or business and vice versa. ) Tj ET Q q 0 0 0 rg BT 339.15 94.25 Td (T) Tj ET Q q 0 0 0 rg BT 344.56 94.25 Td (ax-exempt entities should consult a tax advisor before ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (investing in our units.) Tj ET Q endstream endobj 71 0 obj <> endobj 72 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (35) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Non-U.S. unitholders will be subject to U.S. taxes and withholding with respect to their income and gain from owning our ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Non-U.S. unitholders are subject to U.S. federal income tax on income ef) Tj ET Q q 0 0 0 rg BT 343.35 718.25 Td (fectively connected with a U.S. trade or business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (\(ef) Tj ET Q q 0 0 0 rg BT 60.92 706.25 Td (fectively connected income\). ) Tj ET Q q 0 0 0 rg BT 178.64 706.25 Td (A) Tj ET Q q 0 0 0 rg BT 185.31 706.25 Td ( unitholder) Tj ET Q q 0 0 0 rg BT 229.29 706.25 Td () Tj ET Q q 0 0 0 rg BT 232.07 706.25 Td (s share of our income, gain, loss and deduction, and any gain from the sale or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (disposition of our units will generally be considered to be ef) Tj ET Q q 0 0 0 rg BT 294.76 694.25 Td (fectively connected with a U.S. trade or business and subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (U.S. federal income tax. ) Tj ET Q q 0 0 0 rg BT 149.14 682.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 199.04 682.25 Td (, distributions to a non-U.S. unitholder will be subject to withholding at the highest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (applicable ef) Tj ET Q q 0 0 0 rg BT 101.18 670.25 Td (fective tax rate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.87 646.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.28 646.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 142.72 646.25 Td (Act imposes a withholding obligation of 10% of the amount realized upon a non-U.S. unitholder) Tj ET Q q 0 0 0 rg BT 529.14 646.25 Td () Tj ET Q q 0 0 0 rg BT 531.91 646.25 Td (s sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (or disposition of units. ) Tj ET Q q 0 0 0 rg BT 142.32 634.25 Td (The IRS has temporarily suspended the application of the withholding requirements on sales of publicly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (traded interests, including our units, pending promulgation of regulations or other guidance. Non-U.S. unitholders should ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (consult a tax advisor before investing in our units.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 586.25 Td (e will treat each purchaser of our common units as having the same tax benefits without regard to the units purchased. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (The IRS may challenge this treatment, which could adversely af) Tj ET Q q 0 0 0 rg BT 313.15 574.25 Td (fect the value of our common units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (Because we cannot match transferors and transferees of our common units, we will adopt depreciation and amortization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (positions that may not conform with all aspects of existing ) Tj ET Q q 0 0 0 rg BT 286.45 550.25 Td (T) Tj ET Q q 0 0 0 rg BT 292.21 550.25 Td (reasury regulations. ) Tj ET Q q 0 0 0 rg BT 373.02 550.25 Td (A) Tj ET Q q 0 0 0 rg BT 379.69 550.25 Td ( successful IRS challenge to those positions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (could adversely af) Tj ET Q q 0 0 0 rg BT 123.12 538.25 Td (fect the amount of tax benefits available to unitholders. It also could af) Tj ET Q q 0 0 0 rg BT 405.90 538.25 Td (fect the timing of these tax benefits or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (the amount of gain from a unitholder) Tj ET Q q 0 0 0 rg BT 198.11 526.25 Td () Tj ET Q q 0 0 0 rg BT 200.89 526.25 Td (s sale of common units and could have a negative impact on the value of our common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (units or result in audit adjustments to the unitholder) Tj ET Q q 0 0 0 rg BT 257.01 514.25 Td () Tj ET Q q 0 0 0 rg BT 259.79 514.25 Td (s tax returns.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (Unitholders will likely be subject to state and local taxes and return filing requirements as a result of investing in our units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (In addition to federal income taxes, unitholders will likely be subject to other taxes, such as state and local income taxes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (unincorporated business taxes and estate, inheritance or intangible taxes that are imposed by the various jurisdictions in which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (we do business or own property) Tj ET Q q 0 0 0 rg BT 176.83 454.25 Td (. Unitholders will likely be required to file state and local income tax returns and pay state and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (local income taxes in some or all of these various jurisdictions. Further) Tj ET Q q 0 0 0 rg BT 333.42 442.25 Td (, unitholders may be subject to penalties for failure to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (comply with those requirements. ) Tj ET Q q 0 0 0 rg BT 183.40 430.25 Td (W) Tj ET Q q 0 0 0 rg BT 192.04 430.25 Td (e may own property or conduct business in other states or foreign countries in the future. It ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (is each unitholder) Tj ET Q q 0 0 0 rg BT 121.46 418.25 Td () Tj ET Q q 0 0 0 rg BT 124.24 418.25 Td (s responsibility to file all federal, state and local tax returns.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 394.25 Td (e prorate our items of income, gain, loss and deduction between transferors and transferees of our common units each ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (month based upon the ownership of our common units on the first day of each month, instead of on the basis of the date a ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (particular common unit is transferred. The IRS may challenge this treatment, which could change the allocation of items of ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (income, gain, loss and deduction among our common unitholders.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 346.25 Td (e prorate our items of income, gain, loss and deduction between transferors andtransferees of our common units each month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (based upon the ownership of our common units on the first day of each month, instead of on the basis of the date a particular ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (common unit is transferred. ) Tj ET Q q 0 0 0 rg BT 162.85 322.25 Td (The U.S. ) Tj ET Q q 0 0 0 rg BT 201.00 322.25 Td (T) Tj ET Q q 0 0 0 rg BT 206.75 322.25 Td (reasury Department and the IRS issued final regulations adopting a similar monthly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (convention, but such regulations do not specifically authorize all aspects of our proration method. If the IRS were to challenge ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (our proration method, we may be required to change the allocation of items of income, gain, loss and deduction among our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (common unitholders.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 262.25 Td (e have adopted certain valuation methodologies in determining a common unitholder) Tj ET Q q 0 0 0 rg BT 409.09 262.25 Td () Tj ET Q q 0 0 0 rg BT 411.68 262.25 Td (s allocations of income, gain, loss ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 250.25 Td (and deduction. The IRS may challenge these methods or the resulting allocations and such a challenge could adversely ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (af) Tj ET Q q 0 0 0 rg BT 58.15 238.25 Td (fect the value of our common units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (In determining the items of income, gain, loss and deduction allocable to our common unitholders, we must routinely determine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (the fair market value of our respective assets. ) Tj ET Q q 0 0 0 rg BT 232.98 214.25 Td (Although we may from time to time consult with professional appraisers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (regarding valuation matters, we make fair market value estimates using a methodology based on the market value of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (common units as a means to measure the fair market value of our respective assets. ) Tj ET Q q 0 0 0 rg BT 384.71 190.25 Td (The IRS may challenge these valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (methods and the resulting allocations of income, gain, loss and deduction.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 154.25 Td ( successful IRS challenge to these methods or allocations could adversely af) Tj ET Q q 0 0 0 rg BT 361.12 154.25 Td (fect the amount, character and timing of taxable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (income or loss being allocated to our common unitholders. It also could af) Tj ET Q q 0 0 0 rg BT 347.25 142.25 Td (fect the amount of gain from our unitholders) Tj ET Q q 0 0 0 rg BT 527.85 142.25 Td ( sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (common units and could have a negative impact on the value of the common units or result in audit adjustments to our common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (unitholders) Tj ET Q q 0 0 0 rg BT 97.58 118.25 Td ( tax returns without the benefit of additional deductions.) Tj ET Q endstream endobj 73 0 obj <> endobj 74 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (36) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.12 742.25 Td ( unitholder whose units are the subject of a securities loan \(e.g., a loan to a short seller to cover a short sale of units\) ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (may be considered as having disposed of those units. If so, the unitholder would no longer be treated for tax purposes as a ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (partner with respect to those units during the period of the loan and may recognize gain or loss from the disposition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (Because there are no specific rules governing the federal income tax consequences of loaning a partnership interest, a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (unitholder whose units are the subject of a securities loan may be considered as having disposed of the loaned units. In that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (case, the unitholder may no longer be treated for tax purposes as a partner with respect to those units during the period of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (loan to the short seller and the unitholder may recognize gain or loss from such disposition. Moreover) Tj ET Q q 0 0 0 rg BT 457.01 670.25 Td (, during the period of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (loan, any of our income, gain, loss or deduction with respect to those units may not be reportable by the unitholder and any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (cash distributions received by the unitholder as to those units could be fully taxable as ordinary income. Unitholders desiring to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (assure their status as partners and avoid the risk of gain recognition from a loan to a short seller are ur) Tj ET Q q 0 0 0 rg BT 456.91 634.25 Td (ged to consult a tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (advisor to discuss whether it is advisable to modify any applicable brokerage account agreements to prohibit their brokers from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (borrowing their units.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.74 586.25 Td (reatment of distributions on our preferred units as guaranteed payments for the use of capital creates a dif) Tj ET Q q 0 0 0 rg BT 493.08 586.25 Td (ferent tax ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (treatment for the holders of preferred units than the holders of our common units and such distributions are not eligible for ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (the 20% deduction for qualified publicly traded partnership income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (The tax treatment of distributions on our preferred units is uncertain. ) Tj ET Q q 0 0 0 rg BT 326.96 550.25 Td (W) Tj ET Q q 0 0 0 rg BT 335.60 550.25 Td (e will treat the holders of preferred units as partners for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (tax purposes and will treat distributions on the preferred units as guaranteed payments for the use of capital that will generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (be taxable to the holders of preferred units as ordinary income. ) Tj ET Q q 0 0 0 rg BT 303.25 526.25 Td (Although a holder of preferred units could recognize taxable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (income from the accrual of such a guaranteed payment even in the absence of a contemporaneous distribution, we anticipate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (accruing and making the guaranteed payment distributions quarterly) Tj ET Q q 0 0 0 rg BT 322.32 502.25 Td (. Otherwise, the holders of preferred units are generally not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (anticipated to share in our items of income, gain, loss or deduction, nor will we allocate any share of our nonrecourse liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (to the holders of preferred units. If the preferred units were treated as indebtedness for tax purposes, rather than as guaranteed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (payments for the use of capital, distributions likely would be treated as payments of interest by us to the holders of preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (The ) Tj ET Q q 0 0 0 rg BT 67.87 430.25 Td (T) Tj ET Q q 0 0 0 rg BT 73.28 430.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 142.72 430.25 Td (Act allows individuals and other non-corporate owners of interests in a publicly traded partnership to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (take a deduction equal to 20% of their allocable share of the partnership) Tj ET Q q 0 0 0 rg BT 340.44 418.25 Td (s income that is qualified publicly traded partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (income. However) Tj ET Q q 0 0 0 rg BT 125.12 406.25 Td (, under recently issued final ) Tj ET Q q 0 0 0 rg BT 238.24 406.25 Td (T) Tj ET Q q 0 0 0 rg BT 243.99 406.25 Td (reasury regulations, income attributable to a guaranteed payment for the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (capital is not eligible for the 20% deduction. ) Tj ET Q q 0 0 0 rg BT 229.68 394.25 Td (As a result, distributions on the preferred units will be taxable to holders of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (preferred units as ordinary income that is not eligible for the 20% deduction for qualified publicly traded partnership income. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 358.25 Td ( holder of preferred units will be required to recognize gain or loss on a sale of preferred units equal to the dif) Tj ET Q q 0 0 0 rg BT 494.67 358.25 Td (ference between ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (the amount realized by such holder and tax basis in the preferred units sold. ) Tj ET Q q 0 0 0 rg BT 354.45 346.25 Td (The amount realized generally will equal the sum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (of the cash and the fair market value of other property such holder receives in exchange for such preferred units. Subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (general rules requiring a blended basis among multiple partnership interests, the tax basis of a preferred unit will generally be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (equal to the sum of the cash and the fair market value of other property paid by the holder of preferred units to acquire such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (preferred unit. Gain or loss recognized by a holder of preferred units on the sale or exchange of a preferred unit held for more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (than one year generally will be taxable as long-term capital gain or loss. Because holders of preferred units will generally not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (be allocated a share of our items of depreciation, depletion or amortization, it is not anticipated that such holders would be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (required to recharacterize any portion of their gain as ordinary income as a result of the recapture rules.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (Investment in the preferred units by tax-exempt investors, such as employee benefit plans and IRAs, and non-U.S. persons ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (raises issues unique to them. ) Tj ET Q q 0 0 0 rg BT 166.10 226.25 Td (A) Tj ET Q q 0 0 0 rg BT 172.77 226.25 Td ( non-U.S. holder) Tj ET Q q 0 0 0 rg BT 239.80 226.25 Td () Tj ET Q q 0 0 0 rg BT 242.58 226.25 Td (s income from guaranteed payments and any gain from the sale or disposition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (of our units will generally be considered to be ef) Tj ET Q q 0 0 0 rg BT 243.93 214.25 Td (fectively connected income and subject to U.S. federal income tax. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (Distributions to non-U.S. holders of preferred units will be subject to withholding taxes. If the amount of withholding exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (the amount of U.S. federal income tax actually due, non-U.S. holders of preferred units may be required to file U.S. federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (income tax returns in order to seek a refund of such excess. ) Tj ET Q q 0 0 0 rg BT 289.46 178.25 Td (The ) Tj ET Q q 0 0 0 rg BT 307.32 178.25 Td (T) Tj ET Q q 0 0 0 rg BT 312.73 178.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 382.18 178.25 Td (Act imposes a withholding obligation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (10% of the amount realized upon a non-U.S. unitholder) Tj ET Q q 0 0 0 rg BT 272.54 166.25 Td () Tj ET Q q 0 0 0 rg BT 275.32 166.25 Td (s sale or disposition of preferred units. ) Tj ET Q q 0 0 0 rg BT 431.22 166.25 Td (The IRS has temporarily ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (suspended the application of the withholding requirements on sales of publicly traded interests, including our preferred units, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (pending promulgation of regulations or other guidance. ) Tj ET Q q 0 0 0 rg BT 273.28 142.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 323.18 142.25 Td (, the treatment of guaranteed payments for the use of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (capital to tax exempt investors is not certain and such payments may be treated as unrelated business taxable income for federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (income tax purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.25 Td (All holders of our preferred units are ur) Tj ET Q q 0 0 0 rg BT 207.82 94.25 Td (ged to consult a tax advisor with respect to the financial consequences of owning our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (preferred units.) Tj ET Q endstream endobj 75 0 obj <> endobj 76 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (37) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 274.20 742.25 Td (PROPER) Tj ET Q q 0 0 0 rg BT 314.96 742.25 Td (TIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Our principal properties are described above under the caption Segments, and that information is incorporated herein by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (reference. ) Tj ET Q q 0 0 0 rg BT 92.00 706.25 Td (W) Tj ET Q q 0 0 0 rg BT 100.64 706.25 Td (e believe that we have satisfactory title to all of our properties. ) Tj ET Q q 0 0 0 rg BT 352.50 706.25 Td (Although title to these properties is subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (encumbrances in some cases, such as customary interests generally retained in connection with the acquisition of real property) Tj ET Q q 0 0 0 rg BT 555.29 694.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (liens for current taxes and other burdens and easements, and restrictions or other encumbrances, including those related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (environmental liabilities associated with historical operations, to which the underlying properties were subject at the time of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (acquisition by us or our predecessors, we believe that none of these burdens will materially detract from the value of these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (properties or from our interest in these properties or will materially interfere with their use in the operation of our business. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (addition, we believe that we have obtained suf) Tj ET Q q 0 0 0 rg BT 235.31 634.25 Td (ficient right-of-way grants and permits from public authorities and private parties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (for us to operate our business in all material respects as described in this report. ) Tj ET Q q 0 0 0 rg BT 370.28 622.25 Td (W) Tj ET Q q 0 0 0 rg BT 378.92 622.25 Td (e perform scheduled maintenance on all of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (our pipelines, terminals, crude oil tanks and related equipment and make repairs and replacements when necessary or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (appropriate. ) Tj ET Q q 0 0 0 rg BT 100.35 598.25 Td (W) Tj ET Q q 0 0 0 rg BT 108.99 598.25 Td (e believe that our pipelines, terminals, crude oil tanks and related equipment have been constructed and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (maintained in all material respects in accordance with applicable federal, state and local laws and the regulations and standards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (prescribed by the ) Tj ET Q q 0 0 0 rg BT 120.81 574.25 Td (American Petroleum Institute, the DOT) Tj ET Q q 0 0 0 rg BT 279.20 574.25 Td ( and accepted industry practice.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (ITEM1B. UNRESOL) Tj ET Q q 0 0 0 rg BT 168.27 550.25 Td (VED ST) Tj ET Q q 0 0 0 rg BT 203.37 550.25 Td (AFF) Tj ET Q q 0 0 0 rg BT 222.44 550.25 Td ( COMMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.25 Td (None.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 509.25 Td (ITEM3. ) Tj ET Q q 0 0 0 rg BT 122.00 509.25 Td (LEGAL) Tj ET Q q 0 0 0 rg BT 156.46 509.25 Td ( PROCEEDINGS ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 485.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 485.25 Td (e are named as a defendant in litigation and are a party to other claims and legal proceedings relating to our normal business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.25 Td (operations, including regulatory and environmental matters. Due to the inherent uncertainty of litigation, there can be no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.25 Td (assurance that the resolution of any particular claim or proceeding would not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 464.10 461.25 Td (fect on our results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.25 Td (operations, financial position or liquidity) Tj ET Q q 0 0 0 rg BT 212.93 449.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 425.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 425.25 Td (e are insured against various business risks to the extent we believe is prudent; however) Tj ET Q q 0 0 0 rg BT 409.25 425.25 Td (, we cannot assure you that the nature ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 413.25 Td (and amount of such insurance will be adequate, in every case, to protect us against liabilities arising from future legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 401.25 Td (proceedings as a result of our ordinary business activity) Tj ET Q q 0 0 0 rg BT 272.07 401.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 377.25 Td (ITEM4. ) Tj ET Q q 0 0 0 rg BT 122.00 377.25 Td (MINE SAFETY) Tj ET Q q 0 0 0 rg BT 190.80 377.25 Td ( DISCLOSURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.25 Td (Not applicable.) Tj ET Q endstream endobj 77 0 obj <> endobj 78 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (38) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 287.85 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 293.22 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 307.31 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 313.80 742.25 Td ( II) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (ITEM5. ) Tj ET Q q 0 0 0 rg BT 122.00 718.25 Td (MARKET) Tj ET Q q 0 0 0 rg BT 166.82 718.25 Td ( FOR REGISTRANTS COMMON UNITS, RELA) Tj ET Q q 0 0 0 rg BT 384.43 718.25 Td (TED UNITHOLDER MA) Tj ET Q q 0 0 0 rg BT 494.26 718.25 Td (TTERS ) Tj ET Q q 0 0 0 rg BT 529.00 718.25 Td (AND ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 706.25 Td (ISSUER PURCHASES OF) Tj ET Q q 0 0 0 rg BT 237.21 706.25 Td ( EQUITY) Tj ET Q q 0 0 0 rg BT 278.79 706.25 Td ( SECURITIES) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 680.25 Td (Common Unit Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 668.25 Td (Our common units are listed and traded on the New ) Tj ET Q q 0 0 0 rg BT 259.02 668.25 Td (Y) Tj ET Q q 0 0 0 rg BT 265.24 668.25 Td (ork Stock Exchange under the symbol NS. ) Tj ET Q q 0 0 0 rg BT 446.31 668.25 Td (At the close of business on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.80 668.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 656.25 Td (February15, 2019, we had 427 holders of record of our common units. During 2018, the board of directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 534.07 656.25 Td (, LLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 644.25 Td (reset our quarterly distribution per common unit to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.51 644.25 Td ($0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.01 644.25 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 283.84 644.25 Td ($2.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.34 644.25 Td ( on an annualized basis\), starting with the first-quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 632.25 Td (distribution, which was paid on May 14, 2018. ) Tj ET Q q 0 0 0 rg BT 238.97 632.25 Td (The following table presents the amount, record date and payment date of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 620.25 Td (quarterly cash distributions on our common units with respect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.51 620.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.51 620.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.95 620.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.95 620.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 573.75 249.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 573.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 573.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 573.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 573.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 573.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 543.75 249.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 543.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 543.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 543.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 543.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 543.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 513.75 249.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 513.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 513.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 513.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 513.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 513.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 482.75 249.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 482.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 482.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 482.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 482.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 482.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 452.75 249.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 298.50 452.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 367.50 452.75 95.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 452.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 466.50 452.75 95.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.5 596.75 m 363.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 596.75 m 367.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 596.75 m 462.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 596.75 m 466.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 596.75 m 561.5 596.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 298.5 573.75 m 363.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 367.5 573.75 m 462.5 573.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 466.5 573.75 m 561.5 573.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 601.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.35 600.98 Td (Cash Distributions) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 578.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 309.55 585.98 Td (Amount Per) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 306.15 577.98 Td (Common Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.05 577.98 Td (RecordDate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 489.35 577.98 Td (PaymentDate) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 52 561.796337890625 m 90.07861328125 561.796337890625 l s q 0 0 0 rg BT 52.00 563.20 Td (Y) Tj ET Q q 0 0 0 rg BT 57.50 563.20 Td (ear) Tj ET Q q 0 0 0 rg BT 69.83 563.20 Td ( 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 549.32 Td (4th Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 548.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 548.42 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.20 548.42 Td (February 8, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.70 548.42 Td (February 13, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 534.32 Td (3rd Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 533.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 533.42 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.10 533.42 Td (November 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 533.42 Td (November 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 519.32 Td (2nd Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 518.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 518.42 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.80 518.42 Td (August 7, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.30 518.42 Td (August 13, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 504.32 Td (1st Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 503.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 503.42 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.05 503.42 Td (May 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.55 503.42 Td (May 14, 2018) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 52 485.796337890625 m 90.07861328125 485.796337890625 l s q 0 0 0 rg BT 52.00 487.20 Td (Y) Tj ET Q q 0 0 0 rg BT 57.50 487.20 Td (ear) Tj ET Q q 0 0 0 rg BT 69.83 487.20 Td ( 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 473.32 Td (4th Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 472.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 472.42 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.20 472.42 Td (February 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.70 472.42 Td (February 13, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 458.32 Td (3rd Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 457.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 457.42 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.10 457.42 Td (November 9, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.60 457.42 Td (November 14, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 443.32 Td (2nd Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 442.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 442.42 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.80 442.42 Td (August 7, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.45 442.42 Td (August 1) Tj ET Q q 0 0 0 rg BT 516.66 442.42 Td (1, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 428.32 Td (1st Quarter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 427.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 427.42 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.05 427.42 Td (May 8, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.55 427.42 Td (May 12, 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.25 Td (Our partnership agreement requires that we distribute all A) Tj ET Q q 0 0 0 rg BT 289.73 399.25 Td (vailable Cash to our common limited partners and, prior to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.25 Td (mer) Tj ET Q q 0 0 0 rg BT 65.37 387.25 Td (ger with our general partner) Tj ET Q q 0 0 0 rg BT 176.58 387.25 Td (, to our general partner each quarter) Tj ET Q q 0 0 0 rg BT 319.01 387.25 Td (. ) Tj ET Q q 0 0 0 rg BT 323.83 387.25 Td (This term is defined in the partnership agreement generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.25 Td (as cash on hand at the end of the quarter) Tj ET Q q 0 0 0 rg BT 210.37 375.25 Td (, plus certain permitted borrowings made subsequent to the end of the quarter) Tj ET Q q 0 0 0 rg BT 519.60 375.25 Td (, less cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.25 Td (reserves determined by our board of directors, subject to requirements for distributions for our preferred units. See Item 7. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.25 Td (Management) Tj ET Q q 0 0 0 rg BT 109.42 351.25 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 178.59 351.25 Td (Analysis of Financial Condition and Results of Operations for further information regarding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.25 Td (our distributions. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 315.25 Td (General Partner Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.25 Td (Prior to the mer) Tj ET Q q 0 0 0 rg BT 112.86 303.25 Td (ger with our general partner) Tj ET Q q 0 0 0 rg BT 224.08 303.25 Td (, our ) Tj ET Q q 0 0 0 rg BT 244.36 303.25 Td (A) Tj ET Q q 0 0 0 rg BT 250.83 303.25 Td (vailable Cash was distributed based on the percentages shown below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 241.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 241.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 241.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 241.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 241.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 211.75 364.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 211.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 211.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 211.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 277.75 m 488.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 277.75 m 492.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 277.75 m 562.5 277.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 241.75 m 414.5 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 241.75 m 488.5 241.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 241.75 m 562.5 241.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 282.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.95 281.98 Td (Per) Tj ET Q q 0 0 0 rg BT 456.79 281.98 Td (centageofDistribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 245.98 Td (Quarterly Distribution ) Tj ET Q q 0 0 0 rg BT 132.55 245.98 Td (Amount Per) Tj ET Q q 0 0 0 rg BT 174.40 245.98 Td ( Common Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.20 253.98 Td (Common) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.75 245.98 Td (Unitholders) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.20 269.83 Td (General) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 496.25 261.83 Td (Partner) Tj ET Q q 0 0 0 rg BT 522.76 261.83 Td ( Including ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.20 253.83 Td (Incentive ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 504.55 245.83 Td (Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 232.32 Td (Up to $0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.80 231.42 Td (98%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.30 231.42 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 217.32 Td (Above $0.60 up to $0.66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.80 216.42 Td (90%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.80 216.42 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 202.32 Td (Above $0.66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.80 201.42 Td (75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.80 201.42 Td (25%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.25 Td (Our general partner) Tj ET Q q 0 0 0 rg BT 128.66 176.25 Td () Tj ET Q q 0 0 0 rg BT 131.44 176.25 Td (s incentive distributions totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.20 176.25 Td ($45.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.09 176.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.55 176.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.55 176.25 Td (. ) Tj ET Q q 0 0 0 rg BT 415.37 176.25 Td (The general partner did not receive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.25 Td (incentive distributions for 2018 because the distribution declared for the first quarter was $0.60 per common unit, which was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 152.25 Td (below the amount necessary to receive incentive distributions. Furthermore, because the mer) Tj ET Q q 0 0 0 rg BT 420.53 152.25 Td (ger was ef) Tj ET Q q 0 0 0 rg BT 461.44 152.25 Td (fective prior to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 140.25 Td (record date for the second quarter distribution, the general partner received no distributions after the first quarter distribution. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 128.25 Td (Pursuant to the mer) Tj ET Q q 0 0 0 rg BT 127.86 128.25 Td (ger agreement discussed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.32 128.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.32 128.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 116.25 Td (Statements and Supplementary Data, and at the ef) Tj ET Q q 0 0 0 rg BT 253.64 116.25 Td (fective time of the mer) Tj ET Q q 0 0 0 rg BT 344.53 116.25 Td (ger) Tj ET Q q 0 0 0 rg BT 356.89 116.25 Td (, our partnership agreement was amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 104.25 Td (restated to, among other things, cancel the incentive distribution rights held by our general partner and convert the 2% general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 92.25 Td (partner interest in NuStar Ener) Tj ET Q q 0 0 0 rg BT 172.55 92.25 Td (gy held by our general partner into a non-economic management interest.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 71.25 Td (Due to the impact of the incentive distributions, the general partner) Tj ET Q q 0 0 0 rg BT 318.90 71.25 Td () Tj ET Q q 0 0 0 rg BT 321.67 71.25 Td (s share of our aggregate distributions for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 59.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 59.25 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.14 59.25 Td (1) Tj ET Q q 0 0 0 rg BT 153.76 59.25 Td (1.9%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.59 59.25 Td (. In the second quarter of 2017, our general partner amended and restated our partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 47.25 Td (agreement in connection with the issuance of the Series B Preferred Units described below and our acquisition of Navigator ) Tj ET Q endstream endobj 79 0 obj <> endobj 80 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Ener) Tj ET Q q 0 0 0 rg BT 68.70 742.10 Td (gy Services, LLC to waive up to an aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.19 742.10 Td ($22.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.09 742.10 Td ( of the quarterly incentive distributions to our general partner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (for any NS common units issued from the date of the acquisition agreement, starting with the distributions for the second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (quarter of 2017. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Preferred Unit Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (The following table provides the terms related to distributions for our Series ) Tj ET Q q 0 0 0 rg BT 356.60 682.10 Td (A, Series B and Series C Fixed-to-Floating Rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (Cumulative Redeemable Perpetual Preferred Units:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 592.60 104.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 592.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 157.50 592.60 83.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.50 592.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 592.60 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 592.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 592.60 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 592.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 592.60 87.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 592.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 592.60 101.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 542.60 104.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 542.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 157.50 542.60 83.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.50 542.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 542.60 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 542.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 542.60 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 542.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 542.60 87.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 542.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 542.60 101.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 613.6 m 153.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.5 613.6 m 240.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 613.6 m 306.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 613.6 m 365.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 613.6 m 456.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 613.6 m 561.5 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 613.6 m 365.5 613.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 91.85 617.83 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 167.05 649.83 Td (Fixed Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 161.00 641.83 Td (Rate Per) Tj ET Q q 0 0 0 rg BT 190.91 641.83 Td ( ) Tj ET Q q 0 0 0 rg BT 192.62 641.83 Td (Annum \(as a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 169.00 633.83 Td (Per) Tj ET Q q 0 0 0 rg BT 180.92 633.83 Td (centage of the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 166.25 625.83 Td ($25.00 Liquidation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.40 617.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 171.77 617.83 Td (efer) Tj ET Q q 0 0 0 rg BT 184.94 617.83 Td (ence Per) Tj ET Q q 0 0 0 rg BT 213.88 617.83 Td ( Unit\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.40 641.83 Td (Fixed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.10 633.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 251.50 625.83 Td (Rate Per) Tj ET Q q 0 0 0 rg BT 281.41 625.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.40 617.83 Td (Per) Tj ET Q q 0 0 0 rg BT 267.32 617.83 Td ( ) Tj ET Q q 0 0 0 rg BT 269.02 617.83 Td (Annum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.90 633.83 Td (Fixed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.60 625.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.90 617.83 Td (Per) Tj ET Q q 0 0 0 rg BT 329.82 617.83 Td ( ) Tj ET Q q 0 0 0 rg BT 331.52 617.83 Td (Annum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.45 641.83 Td (Optional Redemption) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.80 633.83 Td (Date/Date at ) Tj ET Q q 0 0 0 rg BT 423.53 633.83 Td (Which) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.60 625.83 Td (Distribution Rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.35 617.83 Td (Becomes Floating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.90 641.83 Td (Floating ) Tj ET Q q 0 0 0 rg BT 494.90 641.83 Td (Annual Rate \(as a ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.00 633.83 Td (Per) Tj ET Q q 0 0 0 rg BT 492.84 633.83 Td (centage of the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.25 625.83 Td ($25.00 Liquidation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.40 617.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 483.69 617.83 Td (efer) Tj ET Q q 0 0 0 rg BT 496.86 617.83 Td (ence Per) Tj ET Q q 0 0 0 rg BT 525.81 617.83 Td ( Unit\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 314.50 604.85 Td (\(Thousands of) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.35 596.85 Td (Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 572.27 Td (Series ) Tj ET Q q 0 0 0 rg BT 78.66 572.27 Td (A) Tj ET Q q 0 0 0 rg BT 85.33 572.27 Td ( Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.15 572.27 Td (8.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 572.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 572.27 Td (2.125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 572.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 572.27 Td (19,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 572.27 Td (December 15, 2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 583.17 Td (Three-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 573.17 Td (plus 6.766%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 547.27 Td (Series B Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.15 547.27 Td (7.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.15 547.27 Td (1.90625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 547.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 547.27 Td (29,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 547.27 Td (June 15, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 558.17 Td (Three-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 548.17 Td (plus 5.643%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 522.27 Td (Series C Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.15 522.27 Td (9.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 522.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 522.27 Td (2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 522.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 522.27 Td (15,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 522.27 Td (December 15, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 533.17 Td (Three-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 523.17 Td (plus 6.88%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.10 Td (The distribution rate on our Series D Cumulative Convertible Preferred Units \(Series D Preferred Units\) is \(i\) 9.75% per annum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.10 Td (\($57.6 million\) for the first two years; \(ii\) 10.75% per annum \($63.4 million\) for years three through five; and \(iii\) the greater ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.10 Td (of 13.75% per annum \($81.1 million\) or the distribution per common unit thereafter) Tj ET Q q 0 0 0 rg BT 384.93 470.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.10 Td (Distributions on the preferred units are payable out of any legally available funds, accrue and are cumulative from the original ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.10 Td (issuance dates, and are payable on the 15th day \(or the next business day\) of each of March, June, September and December of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.10 Td (each year to holders of record on the first business day of each payment month. ) Tj ET Q q 0 0 0 rg BT 369.72 422.10 Td (The preferred units rank equal to each other and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.10 Td (senior to all of our other classes of equity securities with respect to distribution rights and rights upon liquidation. Please see ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.10 Td (Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.83 398.10 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.83 398.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.27 398.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.27 398.10 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (for additional information on distributions to our preferred unitholders.) Tj ET Q endstream endobj 81 0 obj <> endobj 82 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (40) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Performance Graph) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (The following Performance Graph is not soliciting material, is not deemed filed with the SEC and is not to be incorporated ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (by r) Tj ET Q q 0 0 0 rg BT 65.46 718.25 Td (efer) Tj ET Q q 0 0 0 rg BT 80.63 718.25 Td (ence into any of NuStar Ener) Tj ET Q q 0 0 0 rg BT 196.63 718.25 Td (gy) Tj ET Q q 0 0 0 rg BT 208.11 718.25 Td (s filings under the Securities ) Tj ET Q q 0 0 0 rg BT 324.31 718.25 Td (Act of 1933 or the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 482.70 718.25 Td (Act of 1934, as ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (amended, r) Tj ET Q q 0 0 0 rg BT 94.62 706.25 Td (espectively) Tj ET Q q 0 0 0 rg BT 137.92 706.25 Td (. The stock or unit price performance included in this graph is not necessarily indicative of futur) Tj ET Q q 0 0 0 rg BT 523.33 706.25 Td (e stock ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (or unit price performance.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (The following graph compares the cumulative five-year total return provided to holders of NuStar Ener) Tj ET Q q 0 0 0 rg BT 463.02 670.25 Td (gy) Tj ET Q q 0 0 0 rg BT 475.80 670.25 Td (s common units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (relative to the cumulative total returns of the S&P) Tj ET Q q 0 0 0 rg BT 249.02 658.25 Td ( 500 index and the ) Tj ET Q q 0 0 0 rg BT 324.84 658.25 Td (Alerian MLP) Tj ET Q q 0 0 0 rg BT 377.52 658.25 Td ( index. ) Tj ET Q q 0 0 0 rg BT 406.68 658.25 Td (An investment of $100 \(with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (reinvestment of all dividends\) is assumed to have been made in our common units and in each of the indexes on December 31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (2013, and its relative performance is tracked through December 31, 2018.) Tj ET Q /GS0 gs q 512.00 0 0 426.00 50.00 191.28 cm /I5 Do Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 82.50 165.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 180.50 165.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 165.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 165.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 165.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 165.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 165.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 82.50 135.75 98.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 180.50 135.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 238.50 135.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 135.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 135.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 135.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 135.75 58.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 180.5 165.75 m 238.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 238.5 165.75 m 296.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 165.75 m 354.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 354.5 165.75 m 412.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 165.75 m 470.5 165.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 470.5 165.75 m 528.5 165.75 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 197.60 170.43 Td (12/13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 255.60 170.43 Td (12/14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 313.60 170.43 Td (12/15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 371.60 170.43 Td (12/16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 429.60 170.43 Td (12/17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 487.60 170.43 Td (12/18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 155.43 Td (NuStar) Tj ET Q q 0 0 0 rg BT 116.02 155.43 Td ( Energy L.P) Tj ET Q q 0 0 0 rg BT 166.86 155.43 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.15 155.42 Td (100.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.15 155.42 Td (122.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 155.42 Td (91.73) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 155.42 Td (126.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.15 155.42 Td (84.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 155.42 Td (65.60) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 140.43 Td (S&P) Tj ET Q q 0 0 0 rg BT 104.72 140.43 Td ( 500 Index) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.15 140.42 Td (100.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.15 140.42 Td (1) Tj ET Q q 0 0 0 rg BT 270.15 140.42 Td (13.69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.15 140.42 Td (1) Tj ET Q q 0 0 0 rg BT 328.15 140.42 Td (15.26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 140.42 Td (129.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.15 140.42 Td (157.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 140.42 Td (150.33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 125.43 Td (Alerian MLP) Tj ET Q q 0 0 0 rg BT 141.38 125.43 Td ( Index) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.15 125.42 Td (100.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.15 125.42 Td (104.80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 125.42 Td (70.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.15 125.42 Td (83.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.15 125.42 Td (78.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.15 125.42 Td (68.43) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 91.25 Td (Sales of Unregistered Securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.25 Td (During the fourth quarter of 2018, NuStar Ener) Tj ET Q q 0 0 0 rg BT 238.66 79.25 Td (gy issued an aggregate of 18,234 common units in reliance upon an exemption ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.25 Td (from the registration requirements of the Securities ) Tj ET Q q 0 0 0 rg BT 256.33 67.25 Td (Act of 1933, as amended, pursuant to Section 4\(a\)\(2\) thereof, upon the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.25 Td (vesting of outstanding awards under a long-term incentive plan.) Tj ET Q endstream endobj 83 0 obj <> endobj 84 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (41) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM6. ) Tj ET Q q 0 0 0 rg BT 122.00 742.25 Td (SELECTED FINANCIAL) Tj ET Q q 0 0 0 rg BT 233.97 742.25 Td ( DA) Tj ET Q q 0 0 0 rg BT 250.17 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 256.10 742.25 Td (A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (The following table contains selected financial data derived from our audited financial statements:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.75 196.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 674.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 674.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 674.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 674.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 674.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 674.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 674.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 674.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 674.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 647.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 647.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 647.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 647.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 647.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 647.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 647.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 647.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 647.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 647.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 619.75 196.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 619.75 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 619.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 619.75 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 619.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 619.75 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 619.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 619.75 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 619.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 619.75 60.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 515.75 196.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 515.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 515.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 515.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 515.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 515.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 515.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 515.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 515.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 515.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 488.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 488.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 488.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 488.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 488.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 488.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 460.75 196.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 460.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 460.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 460.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 370.50 460.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 460.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 460.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 460.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 460.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 460.75 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 701.75 m 306.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 701.75 m 310.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 701.75 m 370.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 701.75 m 374.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 701.75 m 434.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 701.75 m 438.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 701.75 m 498.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 701.75 m 502.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 701.75 m 562.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 701.75 m 306.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 688.75 m 306.5 688.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 701.75 m 370.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 688.75 m 370.5 688.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 701.75 m 434.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 688.75 m 434.5 688.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 701.75 m 498.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 688.75 m 498.5 688.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 701.75 m 502.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 701.75 m 562.5 701.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 688.75 m 562.5 688.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 542.75 m 306.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 306.5 542.75 m 310.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 542.75 m 370.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 370.5 542.75 m 374.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 542.75 m 434.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 542.75 m 438.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 542.75 m 498.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 542.75 m 502.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 542.75 m 562.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 542.75 m 306.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 529.75 m 306.5 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 529.75 m 370.5 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 542.75 m 434.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 529.75 m 434.5 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 529.75 m 498.5 529.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 542.75 m 562.5 542.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 529.75 m 562.5 529.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 706.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.70 705.98 Td (Y) Tj ET Q q 0 0 0 rg BT 365.03 705.98 Td (ear) Tj ET Q q 0 0 0 rg BT 375.62 705.98 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 436.35 705.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 693.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.00 692.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.00 692.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.00 692.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 692.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.00 692.98 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 679.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 330.75 679.00 Td (\(Thousands of Dollars, Except Per Unit Data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 665.48 Td (Statement of Income Data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 652.32 Td (Revenues \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 652.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.60 652.32 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 652.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 652.32 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 652.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 652.32 Td (1,756,682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 652.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 652.32 Td (2,084,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 652.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 652.32 Td (3,075,1) Tj ET Q q 0 0 0 rg BT 548.60 652.32 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 638.32 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 638.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.15 638.32 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 638.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 638.32 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 638.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 638.32 Td (359,109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 638.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 638.32 Td (390,704) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 638.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 638.32 Td (346,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 624.32 Td (Income from continuing operations \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 624.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.15 624.32 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 624.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 624.32 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 624.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 624.32 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 624.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 624.32 Td (305,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 624.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 624.32 Td (214,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 610.32 Td (\(Loss\) income from continuing operations per) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 600.32 Td (common unit \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 600.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 600.42 Td (\(2.77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 600.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 600.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 600.42 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 600.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 600.42 Td (1.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 600.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 600.42 Td (3.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 600.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 600.42 Td (2.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 586.32 Td (Cash distributions per unit applicable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 576.32 Td (to common limited partners \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 576.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 576.42 Td (2.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 576.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 576.42 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 576.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 576.42 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 576.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 576.42 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 576.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 576.42 Td (4.38) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 547.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 380.75 546.98 Td (December) Tj ET Q q 0 0 0 rg BT 415.32 546.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 534.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 268.00 533.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 326.10 533.98 Td (2017 \(d\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.00 533.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 533.98 Td (2015) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.00 533.98 Td (2014) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 520.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 366.85 520.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 506.48 Td (Balance Sheet Data:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 493.32 Td (Property) Tj ET Q q 0 0 0 rg BT 87.11 493.32 Td (, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 493.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.60 493.32 Td (4,288,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 493.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 493.32 Td (4,300,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 493.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 493.32 Td (3,722,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 493.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 493.32 Td (3,683,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 493.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 493.32 Td (3,460,732) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 479.32 Td (T) Tj ET Q q 0 0 0 rg BT 58.76 479.32 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 479.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.60 479.32 Td (6,349,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 479.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 479.32 Td (6,535,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 479.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 479.32 Td (5,030,545) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 479.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 479.32 Td (5,125,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 479.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 479.32 Td (4,918,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 465.32 Td (Long-term debt, less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 465.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.60 465.32 Td (3,1) Tj ET Q q 0 0 0 rg BT 275.10 465.32 Td (1) Tj ET Q q 0 0 0 rg BT 280.10 465.32 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 465.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 465.32 Td (3,263,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 465.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 465.32 Td (3,014,364) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 465.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 465.32 Td (3,055,612) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 465.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 465.32 Td (2,749,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 451.32 Td (T) Tj ET Q q 0 0 0 rg BT 58.41 451.32 Td (otal partners) Tj ET Q q 0 0 0 rg BT 110.70 451.32 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 451.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.60 451.32 Td (2,257,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 451.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 451.32 Td (2,480,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 451.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 451.32 Td (1,61) Tj ET Q q 0 0 0 rg BT 408.10 451.32 Td (1,617) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 451.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 451.32 Td (1,609,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 451.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 451.32 Td (1,716,210) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.50 430.45 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 430.45 Td (On January 1, 2018, we adopted ) Tj ET Q q 0 0 0 rg BT 199.48 430.45 Td (Accounting Standards Codification ) Tj ET Q q 0 0 0 rg BT 328.54 430.45 Td (T) Tj ET Q q 0 0 0 rg BT 333.41 430.45 Td (opic 606, Revenue from Contracts with Customers \(ASC ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 419.65 Td (T) Tj ET Q q 0 0 0 rg BT 86.37 419.65 Td (opic 606\) using the modified retrospective method and applying ) Tj ET Q q 0 0 0 rg BT 319.07 419.65 Td (ASC ) Tj ET Q q 0 0 0 rg BT 338.66 419.65 Td (T) Tj ET Q q 0 0 0 rg BT 343.53 419.65 Td (opic 606 to all revenue contracts with customers. Results for ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 408.85 Td (reporting periods beginning after January 1, 2018 are presented under ) Tj ET Q q 0 0 0 rg BT 334.17 408.85 Td (ASC ) Tj ET Q q 0 0 0 rg BT 353.76 408.85 Td (T) Tj ET Q q 0 0 0 rg BT 358.63 408.85 Td (opic 606. In accordance with the modified retrospective ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 398.05 Td (approach, prior period amounts were not adjusted and are reported under ) Tj ET Q q 0 0 0 rg BT 345.40 398.05 Td (ASC ) Tj ET Q q 0 0 0 rg BT 365.00 398.05 Td (T) Tj ET Q q 0 0 0 rg BT 369.87 398.05 Td (opic 605, Revenue Recognition.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 381.25 Td (Declines in revenues from 2014 through 2017 are mainly from a reduction in marketing activity and lower commodity prices. ) Tj ET Q q 0 0 0 rg BT 536.21 381.25 Td (W) Tj ET Q q 0 0 0 rg BT 543.98 381.25 Td (e ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 370.45 Td (ceased marketing crude oil in the second quarter of 2017 and exited our heavy fuels trading operations in the third quarter of 2017.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.50 353.65 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 353.65 Td (Includes the impact of a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 170.22 353.65 Td ($78.8 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 218.72 353.65 Td ( gain from hurricane insurance proceeds received in 2018, a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.38 353.65 Td ($43.4 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 484.88 353.65 Td ( non-cash loss ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 342.85 Td (associated with the sale of our European operations in 2018, a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 306.94 342.85 Td ($58.7 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 355.44 342.85 Td ( non-cash impairment char) Tj ET Q q 0 0 0 rg BT 451.49 342.85 Td (ge on the term loan to ) Tj ET Q q 0 0 0 rg BT 531.97 342.85 Td (Axeon ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 332.05 Td (Specialty Products, LLC in 2016 and a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.48 332.05 Td ($56.3 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 271.98 332.05 Td ( non-cash gain associated with the Linden terminal acquisition in 2015. \(Loss\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 321.25 Td (income from continuing operations per common unit also includes the impact of a ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.18 321.25 Td ($377.1 million) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 432.18 321.25 Td ( loss as a result of the July 2018 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 310.45 Td (mer) Tj ET Q q 0 0 0 rg BT 95.33 310.45 Td (ger with our general partner) Tj ET Q q 0 0 0 rg BT 195.29 310.45 Td (. Please refer to Notes ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 276.76 310.45 Td (4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 281.26 310.45 Td ( and ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 298.75 310.45 Td (21) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 307.75 310.45 Td ( of the Notes to Consolidated Financial Statements in Item 8. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 299.65 Td (Financial Statements and Supplementary Data for further discussion.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.50 282.85 Td (\(c\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 282.85 Td (The board of directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 211.97 282.85 Td (, LLC reset our quarterly distribution per common unit to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.68 282.85 Td ($0.60) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.93 282.85 Td ( \() Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 446.18 282.85 Td ($2.40) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.43 282.85 Td ( on an annualized basis\), ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 272.05 Td (starting with the distribution for the first quarter of 2018.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 54.50 255.25 Td (\(d\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 255.25 Td (The significant increases in balance sheet data and income statement data are primarily due to our acquisition of Navigator Ener) Tj ET Q q 0 0 0 rg BT 542.41 255.25 Td (gy ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 81.50 244.45 Td (Services, LLC for approximately ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.71 244.45 Td ($1.5 billion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 244.22 244.45 Td ( in May 2017.) Tj ET Q endstream endobj 85 0 obj <> endobj 86 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (42) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 7. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 742.25 Td (MANAGEMENTS DISCUSSION ) Tj ET Q q 0 0 0 rg BT 272.02 742.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 295.64 742.25 Td (ANAL) Tj ET Q q 0 0 0 rg BT 323.05 742.25 Td (YSIS OF) Tj ET Q q 0 0 0 rg BT 361.31 742.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 419.92 742.25 Td ( CONDITION ) Tj ET Q q 0 0 0 rg BT 483.27 742.25 Td (AND RESUL) Tj ET Q q 0 0 0 rg BT 539.86 742.25 Td (TS ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 730.25 Td (OF) Tj ET Q q 0 0 0 rg BT 135.52 730.25 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 172.27 730.25 Td (TIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (The following review of our results of operations and financial condition should be read in conjunction with Cautionary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (Statement Regarding Forward-Looking Information, Items 1., 1A. and 2. Business, Risk Factors and Properties and Item8. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (Financial Statements and Supplementary Data included in this report.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 665.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 125.09 665.25 Td (. \(NYSE: NS\) is engaged in the transportation of petroleum products and anhydrous ammonia, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.25 Td (terminalling, storage and marketing of petroleum products. Unless otherwise indicated, the terms NuStar Ener) Tj ET Q q 0 0 0 rg BT 494.69 653.25 Td (gy) Tj ET Q q 0 0 0 rg BT 504.04 653.25 Td (, NS, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 641.25 Td (Partnership, we, our and us are used in this report to refer to NuStar Ener) Tj ET Q q 0 0 0 rg BT 373.03 641.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 398.59 641.25 Td (., to one or more of our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.25 Td (subsidiaries or to all of them taken as a whole. Our Management) Tj ET Q q 0 0 0 rg BT 311.04 629.25 Td (s Discussion and ) Tj ET Q q 0 0 0 rg BT 380.21 629.25 Td (Analysis of Financial Condition and Results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.25 Td (of Operations is presented below in seven sections:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 602.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 602.25 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 587.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 587.25 Td (Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 572.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 572.25 Td (T) Tj ET Q q 0 0 0 rg BT 91.76 572.25 Td (rends and Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 557.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 557.25 Td (Liquidity and Capital Resources) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 542.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 542.25 Td (Related Party ) Tj ET Q q 0 0 0 rg BT 142.47 542.25 Td (T) Tj ET Q q 0 0 0 rg BT 148.23 542.25 Td (ransactions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 527.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 527.25 Td (Critical ) Tj ET Q q 0 0 0 rg BT 117.94 527.25 Td (Accounting Policies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 512.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 512.25 Td (New ) Tj ET Q q 0 0 0 rg BT 106.83 512.25 Td (Accounting Pronouncements) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 488.25 Td (OVER) Tj ET Q q 0 0 0 rg BT 78.54 488.25 Td (VIEW) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 476.25 Td (Recent Developments) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 464.25 Td (Sale of Eur) Tj ET Q q 0 0 0 rg BT 94.62 464.25 Td (opean Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.56 464.25 Td (On November 30, 2018, we sold our European operations to Inter ) Tj ET Q q 0 0 0 rg BT 436.60 464.25 Td (T) Tj ET Q q 0 0 0 rg BT 442.01 464.25 Td (erminals, Ltd. for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 452.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 452.25 Td ($270.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.15 452.25 Td (. ) Tj ET Q q 0 0 0 rg BT 173.97 452.25 Td (The operations sold include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.28 452.25 Td (six liquids storage terminals in the United Kingdom and one facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 440.25 Td (Amsterdam) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.38 440.25 Td (. Prior to the sale, the assets disposed of and the results of operations were included in our storage segment. ) Tj ET Q q 0 0 0 rg BT 538.04 440.25 Td (W) Tj ET Q q 0 0 0 rg BT 546.68 440.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.25 Td (recognized a non-cash loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.79 428.25 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.68 428.25 Td ( related to the sale in Other income \(expense\), net on our consolidated statement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.25 Td (of income for the year ended December 31, 2018. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.94 416.25 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.94 416.25 Td ( of the Notes to Consolidated Financial Statements in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.25 Td (Item 8. Financial Statements and Supplementary Data for further discussion of the sale.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 380.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.29 380.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.51 380.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.51 380.25 Td (On February 7, 2018, NuStar Ener) Tj ET Q q 0 0 0 rg BT 221.36 380.25 Td (gy) Tj ET Q q 0 0 0 rg BT 230.71 380.25 Td (, Riverwalk Logistics, L.P) Tj ET Q q 0 0 0 rg BT 334.59 380.25 Td (., NuStar GP) Tj ET Q q 0 0 0 rg BT 384.59 380.25 Td (, LLC, Marshall Mer) Tj ET Q q 0 0 0 rg BT 468.01 380.25 Td (ger Sub LLC, a wholly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.25 Td (owned subsidiary of NuStar Ener) Tj ET Q q 0 0 0 rg BT 183.13 368.25 Td (gy \(Mer) Tj ET Q q 0 0 0 rg BT 215.43 368.25 Td (ger Sub\), Riverwalk Holdings, LLC and NuStar GP) Tj ET Q q 0 0 0 rg BT 421.99 368.25 Td ( Holdings, LLC \(NuStar GP) Tj ET Q q 0 0 0 rg BT 534.12 368.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 356.25 Td (Holdings or NSH\) entered into an ) Tj ET Q q 0 0 0 rg BT 187.20 356.25 Td (Agreement and Plan of Mer) Tj ET Q q 0 0 0 rg BT 298.65 356.25 Td (ger \(the Mer) Tj ET Q q 0 0 0 rg BT 348.45 356.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 363.16 356.25 Td (Agreement\). Pursuant to the Mer) Tj ET Q q 0 0 0 rg BT 494.89 356.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 509.61 356.25 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 344.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 344.25 Td (ger Sub mer) Tj ET Q q 0 0 0 rg BT 115.18 344.25 Td (ged with and into NuStar GP) Tj ET Q q 0 0 0 rg BT 230.63 344.25 Td ( Holdings, with NuStar GP) Tj ET Q q 0 0 0 rg BT 338.32 344.25 Td ( Holdings being the surviving entity \(the Mer) Tj ET Q q 0 0 0 rg BT 519.50 344.25 Td (ger\), such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 332.25 Td (that NuStar Ener) Tj ET Q q 0 0 0 rg BT 117.02 332.25 Td (gy became the sole member of NuStar GP) Tj ET Q q 0 0 0 rg BT 285.21 332.25 Td ( Holdings following the Mer) Tj ET Q q 0 0 0 rg BT 399.47 332.25 Td (ger on July 20, 2018. Pursuant to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 320.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 320.25 Td (ger ) Tj ET Q q 0 0 0 rg BT 81.20 320.25 Td (Agreement and at the ef) Tj ET Q q 0 0 0 rg BT 177.08 320.25 Td (fective time of the Mer) Tj ET Q q 0 0 0 rg BT 269.08 320.25 Td (ger) Tj ET Q q 0 0 0 rg BT 281.45 320.25 Td (, our partnership agreement was amended and restated to, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 308.25 Td (other things, \(i\) cancel the incentive distribution rights held by our general partner) Tj ET Q q 0 0 0 rg BT 378.11 308.25 Td (, \(ii\) convert the 2% general partner interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.25 Td (in NuStar Ener) Tj ET Q q 0 0 0 rg BT 109.80 296.25 Td (gy held by our general partner into a non-economic management interest and \(iii\) provide the holders of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (common units with voting rights in the election of the members of the board of directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 459.37 284.25 Td (, LLC, beginning at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td (annual meeting in 2019. ) Tj ET Q q 0 0 0 rg BT 148.96 272.25 Td (W) Tj ET Q q 0 0 0 rg BT 157.60 272.25 Td (e issued approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 252.30 272.25 Td (13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.19 272.25 Td ( incremental NuStar Ener) Tj ET Q q 0 0 0 rg BT 402.92 272.25 Td (gy common units as a result of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 260.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.70 260.25 Td (. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.33 260.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.33 260.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.25 Td (Supplementary Data for further discussion of the Mer) Tj ET Q q 0 0 0 rg BT 268.92 248.25 Td (ger) Tj ET Q q 0 0 0 rg BT 281.14 248.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 224.25 Td (Issuances of Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.83 224.25 Td ( In June and July of 2018, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.59 224.25 Td (23,246,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.59 224.25 Td ( Series D Cumulative Convertible Preferred Units \(Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.25 Td (Preferred Units\) at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.17 212.25 Td ($25.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.67 212.25 Td ( per unit in a private placement for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.31 212.25 Td ($555.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.20 212.25 Td (. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.83 212.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.83 212.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.25 Td (of the Notes to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.25 Td (discussion. On June 29, 2018, we also issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.49 188.25 Td (413,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.99 188.25 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.90 188.25 Td ($24.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.40 188.25 Td ( per unit to ) Tj ET Q q 0 0 0 rg BT 450.33 188.25 Td (W) Tj ET Q q 0 0 0 rg BT 459.37 188.25 Td (illiam E. Greehey) Tj ET Q q 0 0 0 rg BT 529.52 188.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.25 Td (Chairman of the Board of Directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 248.29 176.25 Td (, LLC.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 152.25 Td (Council Bluffs ) Tj ET Q q 0 0 0 rg BT 109.82 152.25 Td (Acquisition.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 157.87 152.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.37 152.25 Td (On ) Tj ET Q q 0 0 0 rg BT 174.54 152.25 Td (April 16, 2018, we acquired CHS Inc.) Tj ET Q q 0 0 0 rg BT 329.23 152.25 Td (s Council Bluf) Tj ET Q q 0 0 0 rg BT 387.39 152.25 Td (fs pipeline system, comprised of a 227-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 140.25 Td (mile pipeline and 18 storage tanks,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.41 140.25 Td ( for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.33 140.25 Td ($37.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.22 140.25 Td ( \(the Council Bluf) Tj ET Q q 0 0 0 rg BT 392.53 140.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 401.70 140.25 Td (Acquisition\). ) Tj ET Q q 0 0 0 rg BT 456.51 140.25 Td (The assets acquired and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 128.25 Td (the results of operations are included in our pipeline segment, within the East Pipeline, from the date of acquisition. ) Tj ET Q q 0 0 0 rg BT 514.70 128.25 Td (W) Tj ET Q q 0 0 0 rg BT 523.34 128.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 116.25 Td (accounted for this acquisition as an asset purchase.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 92.25 Td (Hurricane ) Tj ET Q q 0 0 0 rg BT 93.98 92.25 Td (Activity) Tj ET Q q 0 0 0 rg BT 123.96 92.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.46 92.25 Td ( In the third quarter of 2017, several of our facilities were af) Tj ET Q q 0 0 0 rg BT 366.46 92.25 Td (fected by the hurricanes in the Caribbean and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 80.25 Td (Gulf of Mexico, including our St. Eustatius terminal, which experienced the most damage and was temporarily shut down. ) Tj ET Q q 0 0 0 rg BT 542.49 80.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 68.25 Td (damage caused by the Caribbean hurricane resulted in lower revenues for our bunker fuel operations in our fuels marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 56.25 Td (segment and lower throughput and associated handling fees in our storage segment in 2017 and in the first quarter of 2018. In ) Tj ET Q endstream endobj 87 0 obj <> endobj 88 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (2017, we received insurance proceeds of $12.5 million for damages at our St. Eustatius terminal, of which $3.8 million was for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (business interruption \($2.4 million recognized in the fuels marketing segment and $1.4 million in the storage segment\). In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (January 2018, we received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.12 718.10 Td ($87.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.01 718.10 Td ( of insurance proceeds in settlement of our property damage claim for our St. Eustatius ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (terminal, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.09 706.10 Td ($9.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.98 706.10 Td ( related to business interruption \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.89 706.10 Td ($5.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.79 706.10 Td ( recognized in the storage segment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.78 706.10 Td ($3.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 694.10 Td ( in the fuels marketing segment\). Proceeds from business interruption insurance are included in Operating expenses in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (the consolidated statements of income and in Cash flows from operating activities in the consolidated statements of cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (flows. ) Tj ET Q q 0 0 0 rg BT 77.04 670.10 Td (W) Tj ET Q q 0 0 0 rg BT 85.68 670.10 Td (e recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.03 670.10 Td ($78.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.92 670.10 Td ( gain in Other income \(expense\), net in the consolidated statements of income in the first ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (quarter of 2018 for the amount by which the insurance proceeds exceeded our expenses incurred during the period. ) Tj ET Q q 0 0 0 rg BT 511.78 658.10 Td (Although ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (the repairs are not complete, we expect that the costs to repair the property damage at the terminal will not exceed the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (of insurance proceeds received.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (Other Events) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 92.88 598.10 Td (Acquisition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.43 598.10 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.15 598.10 Td (May4, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.98 598.10 Td (, we acquired Navigator Ener) Tj ET Q q 0 0 0 rg BT 326.25 598.10 Td (gy Services, LLC for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.43 598.10 Td ($1.5 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.54 598.10 Td ( \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 91.93 586.10 Td (Acquisition\). ) Tj ET Q q 0 0 0 rg BT 146.75 586.10 Td (W) Tj ET Q q 0 0 0 rg BT 155.39 586.10 Td (e collectively refer to the acquired assets, together with the assets we have constructed through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (various expansion projects since the date of the Navigator ) Tj ET Q q 0 0 0 rg BT 283.54 574.10 Td (Acquisition, as our Permian Crude System. ) Tj ET Q q 0 0 0 rg BT 458.90 574.10 Td (The assets acquired are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (included in our pipeline segment within the Central ) Tj ET Q q 0 0 0 rg BT 258.11 562.10 Td (W) Tj ET Q q 0 0 0 rg BT 266.74 562.10 Td (est System, commencing on May 4, 2017. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.91 562.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.91 562.10 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Notes to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for further discussion.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (Axeon T) Tj ET Q q 0 0 0 rg BT 82.13 526.10 Td (erm Loan. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.74 526.10 Td (On February 22, 2017, we settled and terminated the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.74 526.10 Td ($190.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.63 526.10 Td ( term loan to ) Tj ET Q q 0 0 0 rg BT 450.40 526.10 Td (Axeon Specialty Products, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (LLC \(the ) Tj ET Q q 0 0 0 rg BT 88.88 514.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 117.86 514.10 Td (T) Tj ET Q q 0 0 0 rg BT 123.27 514.10 Td (erm Loan\), pursuant to which we also provided credit support, such as guarantees, letters of credit and cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (collateral, as applicable, of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.72 502.10 Td ($125.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.62 502.10 Td ( to ) Tj ET Q q 0 0 0 rg BT 253.84 502.10 Td (Axeon Specialty Products, LLC \(Axeon\). ) Tj ET Q q 0 0 0 rg BT 422.24 502.10 Td (W) Tj ET Q q 0 0 0 rg BT 430.88 502.10 Td (e received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.18 502.10 Td ($1) Tj ET Q q 0 0 0 rg BT 483.81 502.10 Td (10.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.70 502.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (settlement of the ) Tj ET Q q 0 0 0 rg BT 118.59 490.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 147.57 490.10 Td (T) Tj ET Q q 0 0 0 rg BT 152.98 490.10 Td (erm Loan, and our obligation to provide ongoing credit support to ) Tj ET Q q 0 0 0 rg BT 418.49 490.10 Td (Axeon ceased. In 2016, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (recognized an impairment char) Tj ET Q q 0 0 0 rg BT 173.93 478.10 Td (ge on the ) Tj ET Q q 0 0 0 rg BT 212.53 478.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 241.51 478.10 Td (T) Tj ET Q q 0 0 0 rg BT 246.92 478.10 Td (erm Loan of $58.7 million which is included in Other income \(expense\), net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (in the consolidated statements of income. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.64 466.10 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.64 466.10 Td ( of the Notes to Consolidated Financial Statements in Item 8. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Financial Statements and Supplementary Data for additional information on the ) Tj ET Q q 0 0 0 rg BT 379.36 454.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 408.33 454.10 Td (T) Tj ET Q q 0 0 0 rg BT 413.75 454.10 Td (erm Loan and related credit support.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (Martin T) Tj ET Q q 0 0 0 rg BT 84.92 430.10 Td (erminal ) Tj ET Q q 0 0 0 rg BT 118.35 430.10 Td (Acquisition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.90 430.10 Td (On December21, 2016, we acquired crude oil and refined product storage assets in Corpus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (Christi, ) Tj ET Q q 0 0 0 rg BT 82.05 418.10 Td (TX for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.04 418.10 Td ($95.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.93 418.10 Td (, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.20 418.10 Td ($2.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.09 418.10 Td ( of capital expenditure reimbursements, from Martin Operating Partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (L.P) Tj ET Q q 0 0 0 rg BT 63.06 406.10 Td (. \(the Martin ) Tj ET Q q 0 0 0 rg BT 115.64 406.10 Td (T) Tj ET Q q 0 0 0 rg BT 121.05 406.10 Td (erminal ) Tj ET Q q 0 0 0 rg BT 153.54 406.10 Td (Acquisition\).) Tj ET Q q 0 0 0 rg BT 208.36 406.10 Td (The assets acquired are in our storage segment and include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.05 406.10 Td (900,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.55 406.10 Td ( barrels of crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (storage capacity) Tj ET Q q 0 0 0 rg BT 114.04 394.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.04 394.10 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.54 394.10 Td ( barrels of refined product storage capacity and exclusive use of the Port of Corpus Christi) Tj ET Q q 0 0 0 rg BT 515.60 394.10 Td (s new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (crude oil dock.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 109.70 382.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.20 382.10 Td (The acquired assets, which are adjacent to our existing Corpus Christi North Beach terminal, increased our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (storage capacity in the Corpus Christi region and have direct connectivity to Eagle Ford crude oil production. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Employee T) Tj ET Q q 0 0 0 rg BT 96.93 346.10 Td (ransfer fr) Tj ET Q q 0 0 0 rg BT 134.62 346.10 Td (om NuStar GP) Tj ET Q q 0 0 0 rg BT 192.23 346.10 Td (, LLC. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.02 346.10 Td (On March 1, 2016, NuStar GP) Tj ET Q q 0 0 0 rg BT 340.84 346.10 Td (, LLC, the general partner of our general partner and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (wholly owned subsidiary of NuStar GP) Tj ET Q q 0 0 0 rg BT 207.12 334.10 Td ( Holdings, transferred and assigned to NuStar Services Company LLC \(NuStar Services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (Co\), a wholly owned subsidiary of NuStar Ener) Tj ET Q q 0 0 0 rg BT 240.34 322.10 Td (gy) Tj ET Q q 0 0 0 rg BT 249.69 322.10 Td (, all of NuStar GP) Tj ET Q q 0 0 0 rg BT 320.52 322.10 Td (, LLC) Tj ET Q q 0 0 0 rg BT 347.19 322.10 Td (s employees and related benefit plans, programs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (contracts and policies \(the Employee ) Tj ET Q q 0 0 0 rg BT 200.04 310.10 Td (T) Tj ET Q q 0 0 0 rg BT 205.80 310.10 Td (ransfer\). ) Tj ET Q q 0 0 0 rg BT 241.34 310.10 Td (As a result of the Employee ) Tj ET Q q 0 0 0 rg BT 355.01 310.10 Td (T) Tj ET Q q 0 0 0 rg BT 360.77 310.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 388.13 310.10 Td (, we pay employee costs directly and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (sponsor the Fifth ) Tj ET Q q 0 0 0 rg BT 119.73 298.10 Td (Amended and Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 267.32 298.10 Td (erm Incentive Plan and other employee benefit plans. Please refer to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Notes to Consolidated Financial Statements in Item8. Financial Statements and Supplementary Data for the following: Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 55.00 274.10 Td ( for further discussion of the Employee ) Tj ET Q q 0 0 0 rg BT 213.95 274.10 Td (T) Tj ET Q q 0 0 0 rg BT 219.70 274.10 Td (ransfer and our related party agreements, Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.95 274.10 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.95 274.10 Td ( for a discussion of our employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (benefit plans and Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.75 262.10 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.75 262.10 Td ( for a discussion of our long-term incentive plans. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 226.10 Td (e conduct our operations through our subsidiaries, primarily NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 386.64 226.10 Td (. \(NuStar Logistics\) and NuStar Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 153.59 214.10 Td (. \(NuPOP\). Our operations are divided into three reportable business segments: pipeline, storage and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (fuels marketing. For a more detailed description of our segments, please refer to Segments under Item1. Business.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Pipeline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.82 178.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.14 178.10 Td (W) Tj ET Q q 0 0 0 rg BT 96.78 178.10 Td (e own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.44 178.10 Td (3,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.94 178.10 Td ( miles of refined product pipelines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.84 178.10 Td (2,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.34 178.10 Td ( miles of crude oil pipelines, as well as approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.33 178.10 Td (5.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 166.10 Td ( barrels of storage capacity) Tj ET Q q 0 0 0 rg BT 185.97 166.10 Td (, which comprise our Central ) Tj ET Q q 0 0 0 rg BT 304.64 166.10 Td (W) Tj ET Q q 0 0 0 rg BT 313.28 166.10 Td (est System. In addition, we own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.82 166.10 Td (2,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.32 166.10 Td ( miles of refined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (product pipelines, consisting of the East and North Pipelines, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.78 154.10 Td (2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.28 154.10 Td (-mile ammonia pipeline \(the ) Tj ET Q q 0 0 0 rg BT 458.80 154.10 Td (Ammonia Pipeline\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (which comprise our Central East System. ) Tj ET Q q 0 0 0 rg BT 217.84 142.10 Td (The East and North Pipelines have storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.19 142.10 Td (7.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.08 142.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (barrels. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (Storage.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.61 106.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.93 106.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.57 106.10 Td (e own terminals and storage facilities in the United States, Canada, Mexico and St. Eustatius in the Caribbean ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (Netherlands, with approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.85 94.10 Td (75.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.74 94.10 Td ( barrels of storage capacity) Tj ET Q q 0 0 0 rg BT 339.82 94.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (Fuels Marketing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.87 70.10 Td ( Prior to the third quarter of 2017, our fuels marketing operations involved the purchase of crude oil, fuel oil, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (bunker fuel, fuel oil blending components and other refined products for resale. ) Tj ET Q q 0 0 0 rg BT 370.27 58.10 Td (W) Tj ET Q q 0 0 0 rg BT 378.91 58.10 Td (e ceased marketing crude oil in the second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.10 Td (quarter of 2017 and exited our heavy fuels trading operations in the third quarter of 2017. ) Tj ET Q q 0 0 0 rg BT 409.99 46.10 Td (These actions were in line with our ) Tj ET Q endstream endobj 89 0 obj <> endobj 90 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (goal of reducing our exposure to commodity mar) Tj ET Q q 0 0 0 rg BT 246.16 742.10 Td (gins, and instead focusing on our core, fee-based pipeline and storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (segments. ) Tj ET Q q 0 0 0 rg BT 92.04 730.10 Td (The remaining operations in our fuels marketing segment are our bunkering operations at our St. Eustatius and ) Tj ET Q q 0 0 0 rg BT 536.74 730.10 Td (T) Tj ET Q q 0 0 0 rg BT 542.15 730.10 Td (exas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (City terminals, as well as certain of our blending operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (The results of operations for the fuels marketing segment depend lar) Tj ET Q q 0 0 0 rg BT 323.07 694.10 Td (gely on the mar) Tj ET Q q 0 0 0 rg BT 385.37 694.10 Td (gin between our costs and the sales prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (of the products we market. ) Tj ET Q q 0 0 0 rg BT 159.23 682.10 Td (Therefore, the results of operations for this segment are more sensitive to changes in commodity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (prices compared to the operations of the pipeline and storage segments. Since our fuels marketing operations expose us to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (commodity price risk, we enter into derivative contracts to attempt to mitigate the ef) Tj ET Q q 0 0 0 rg BT 386.93 658.10 Td (fects of commodity price fluctuations on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (our operations. ) Tj ET Q q 0 0 0 rg BT 112.30 646.10 Td (The derivative instruments we use consist primarily of commodity futures and swap contracts. Not all of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (derivative instruments qualify for hedge accounting treatment under U.S. generally accepted accounting principles. In such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (cases, our earnings for a period may include the gain or loss related to derivative instruments without including the of) Tj ET Q q 0 0 0 rg BT 520.25 622.10 Td (fsetting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 610.10 Td (fect of the hedged item, which could result in greater earnings volatility) Tj ET Q q 0 0 0 rg BT 343.51 610.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Factors That ) Tj ET Q q 0 0 0 rg BT 105.75 586.10 Td (Af) Tj ET Q q 0 0 0 rg BT 115.57 586.10 Td (fect Results of Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (The following factors af) Tj ET Q q 0 0 0 rg BT 146.73 574.10 Td (fect the results of our operations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 562.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 562.10 Td (company-specific factors, such as facility integrity issues and maintenance requirements that impact the throughput ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.10 Td (rates of our assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 538.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.10 Td (seasonal factors that af) Tj ET Q q 0 0 0 rg BT 177.17 538.10 Td (fect the demand for products transported by and/or stored in our assets and the demand for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 526.10 Td (products we sell;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 514.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 514.10 Td (industry factors, such as changes in the prices of petroleum products that af) Tj ET Q q 0 0 0 rg BT 387.12 514.10 Td (fect demand and the operations of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 502.10 Td (competitors;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 490.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 490.10 Td (economic factors, such as commodity price volatility) Tj ET Q q 0 0 0 rg BT 297.24 490.10 Td (, that impact our fuels marketing segment; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 478.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 478.10 Td (factors that impact the operations served by our pipeline and storage assets, such as utilization rates and maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 466.10 Td (turnaround schedules of our refining company customers and drilling activity by our crude oil production customers.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (Increases or decreases in the price of crude oil af) Tj ET Q q 0 0 0 rg BT 245.00 442.10 Td (fect sectors across the ener) Tj ET Q q 0 0 0 rg BT 351.98 442.10 Td (gy industry) Tj ET Q q 0 0 0 rg BT 396.61 442.10 Td (, including our customers in crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (production, refining and trading, in dif) Tj ET Q q 0 0 0 rg BT 203.95 430.10 Td (ferent ways at dif) Tj ET Q q 0 0 0 rg BT 273.46 430.10 Td (ferent points in any given price cycle. For example, during periods of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (sustained low prices, producers tend to reduce their capital spending and drilling activity and narrow their focus to assets in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (most cost-advantaged regions. Refiners, on the other hand, tend to benefit from lower crude oil prices, to the extent they are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (able to take advantage of lower feedstock prices, especially those positioned for healthy regional demand for their refined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (products; however) Tj ET Q q 0 0 0 rg BT 123.75 382.10 Td (, as refined product inventories increase, refiners typically reduce their production rate, which may reduce ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (the degree to which they are able to benefit from low crude prices. Crude oil traders focus less on the current market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (commodity price than on whether that price is higher or lower than expected future market prices: if the future price for a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (product is believed to be higher than the current market price, or a contango market, traders are more likely to purchase and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (store products to sell in the future at the higher price. On the other hand, when the current price of crude oil nears or exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (the expected future market price, or backwardation, as is currently the case for certain markets that we serve, traders are no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (longer incentivized to purchase and store product for future sale.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Current Market Conditions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (The price of crude oil began to recover in 2018, as global supply and demand reached a balance. Crude oil prices continued to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (recover up until the fourth quarter when, after hitting a three-year high in October) Tj ET Q q 0 0 0 rg BT 376.69 262.10 Td (, prices fell sharply and remained there ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 250.10 Td (through year) Tj ET Q q 0 0 0 rg BT 100.62 250.10 Td (-end. ) Tj ET Q q 0 0 0 rg BT 122.83 250.10 Td (As a result, by year) Tj ET Q q 0 0 0 rg BT 200.11 250.10 Td (-end 2018, many ener) Tj ET Q q 0 0 0 rg BT 287.12 250.10 Td (gy industry experts lowered their crude price expectations for 2019. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (While crude oil prices have made a modest recovery so far in 2019, they have not returned to the levels previously forecasted. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (Despite the fact that crude prices are somewhat below many experts) Tj ET Q q 0 0 0 rg BT 324.70 226.10 Td ( forecasts, we believe that the lower projected crude prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (remain at or above levels that should support healthy crude production growth in the Permian Basin. However) Tj ET Q q 0 0 0 rg BT 490.32 214.10 Td (, crude oil prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (are dif) Tj ET Q q 0 0 0 rg BT 75.63 202.10 Td (ficult to predict because they are determined by global supply and demand, which, in turn, are dependent on many ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (variables, such as trade relationships, geopolitical challenges, economic health and relative currency strength.) Tj ET Q endstream endobj 91 0 obj <> endobj 92 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (45) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (RESUL) Tj ET Q q 0 0 0 rg BT 82.43 742.25 Td (TS OF) Tj ET Q q 0 0 0 rg BT 110.67 742.25 Td ( OPERA) Tj ET Q q 0 0 0 rg BT 147.43 742.25 Td (TIONS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Y) Tj ET Q q 0 0 0 rg BT 55.00 730.25 Td (ear Ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 100.00 730.25 Td (December31, 2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 179.15 730.25 Td ( Compared to ) Tj ET Q q 0 0 0 rg BT 237.02 730.25 Td (Y) Tj ET Q q 0 0 0 rg BT 242.02 730.25 Td (ear Ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 287.02 730.25 Td (December31, 2017) Tj ET Q BT /F3 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 709.25 Td (Financial Highlights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.45 697.25 Td (\(Thousands of Dollars, Except Per Unit Data\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 660.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 660.75 124.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 660.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 660.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 631.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 631.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 631.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 631.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 631.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 631.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 601.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 601.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 601.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 571.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 571.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 571.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 571.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 571.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 571.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 541.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 541.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 541.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 541.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 511.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 511.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 511.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 511.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 511.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 511.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 481.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 481.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 481.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 481.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 481.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 481.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 451.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 451.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 451.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 451.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 451.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 451.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 421.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 421.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 421.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 421.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 421.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 421.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 391.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 391.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 391.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 391.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 391.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 391.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 673.75 m 434.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 673.75 m 438.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 673.75 m 498.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 660.75 m 434.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 660.75 m 498.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 660.75 m 562.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 601.75 m 434.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 601.75 m 498.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 601.75 m 562.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 586.75 m 434.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 601.75 m 498.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 586.75 m 498.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 586.75 m 562.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 496.75 m 434.5 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 481.75 m 434.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 496.75 m 498.5 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 481.75 m 498.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 496.75 m 562.5 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 481.75 m 562.5 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 421.75 m 434.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 421.75 m 498.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 421.75 m 562.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 421.75 m 434.5 421.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 391.75 m 434.5 391.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 391.75 m 498.5 391.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 391.75 m 562.5 391.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 391.75 m 434.5 391.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 377.75 m 434.5 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 375.75 m 434.5 375.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 391.75 m 498.5 391.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 377.75 m 498.5 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 375.75 m 498.5 375.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 391.75 m 562.5 391.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 377.75 m 562.5 377.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 375.75 m 562.5 375.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 678.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 391.70 677.98 Td (Y) Tj ET Q q 0 0 0 rg BT 397.03 677.98 Td (ear) Tj ET Q q 0 0 0 rg BT 407.62 677.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 468.35 677.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 505.00 678.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 665.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.00 664.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 664.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.85 664.98 Td (Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 651.48 Td (Statement of Income Data:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 637.48 Td (Revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 622.32 Td (Service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 621.42 Td (1,206,981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 621.42 Td (1,128,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 621.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 621.42 Td (78,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 607.32 Td (Product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 606.42 Td (754,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 606.42 Td (685,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 606.42 Td (69,483) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 592.48 Td (T) Tj ET Q q 0 0 0 rg BT 74.21 592.48 Td (otal r) Tj ET Q q 0 0 0 rg BT 96.71 592.48 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 591.42 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 591.42 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 591.42 Td (147,738) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 562.48 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 547.32 Td (Costs associated with service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 546.42 Td (777,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 546.42 Td (705,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 546.42 Td (71,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 532.32 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 531.42 Td (705,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 531.42 Td (651,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 531.42 Td (54,347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 517.32 Td (General and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 516.42 Td (106,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 516.42 Td (1) Tj ET Q q 0 0 0 rg BT 467.15 516.42 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 516.47 Td (\(6,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 516.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 502.32 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 501.42 Td (8,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 501.42 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 501.42 Td (177) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 68.00 487.48 Td (T) Tj ET Q q 0 0 0 rg BT 73.75 487.48 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 486.42 Td (1,598,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 486.42 Td (1,477,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 486.42 Td (120,453) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 457.48 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 456.42 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 456.42 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 456.42 Td (27,285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 442.32 Td (Interest expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 441.47 Td (\(186,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 441.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 441.47 Td (\(173,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 441.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 441.47 Td (\(13,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 441.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 427.32 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 426.42 Td (39,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 426.47 Td (\(5,294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 426.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 426.42 Td (45,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 412.32 Td (Income before income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 411.42 Td (217,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 411.42 Td (157,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 411.42 Td (59,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 397.32 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 396.42 Td (1) Tj ET Q q 0 0 0 rg BT 408.15 396.42 Td (1,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 396.42 Td (9,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 396.42 Td (1,471) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 382.48 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 381.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 381.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 381.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 381.42 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 381.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 381.42 Td (57,830) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 356.43 Td (Basic and diluted net \(loss\) income per) Tj ET Q q 0 0 0 rg BT 217.27 356.43 Td ( common unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 356.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 356.47 Td (\(2.77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 356.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 356.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 356.42 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 356.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 356.47 Td (\(3.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 356.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 326.25 Td (Annual Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.25 Td (Net income increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.13 314.25 Td ($57.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.02 314.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.48 314.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.06 314.25 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.07 314.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.65 314.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.25 Td (primarily due to higher other income, which includes the $78.8 million gain recognized in the first quarter of 2018 from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.25 Td (insurance proceeds related to hurricane damage at our St. Eustatius terminal in the third quarter of 2017, partially of) Tj ET Q q 0 0 0 rg BT 513.55 290.25 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.25 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 278.25 Td ( loss from the sale of our European operations in the fourth quarter of 2018. ) Tj ET Q q 0 0 0 rg BT 408.81 278.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 458.72 278.25 Td (, net income increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.25 Td (from a $21.4 million increase in segment operating income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.25 Td (Despite positive net income, we incurred a net loss per common unit because we accounted for the Mer) Tj ET Q q 0 0 0 rg BT 463.57 242.25 Td (ger as an equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.25 Td (transaction similar to a redemption or induced conversion of preferred stock, which resulted in a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.54 230.25 Td ($377.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.43 230.25 Td ( that was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.25 Td (subtracted from net income attributable to common unitholders in the calculation of net loss per common unit for the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.25 Td (ended December 31, 2018. Please refer to Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.48 206.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.48 206.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.92 206.25 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.92 206.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.25 Td (Financial Statements and Supplementary Data for further discussion.) Tj ET Q endstream endobj 93 0 obj <> endobj 94 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (46) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 240.95 742.25 Td (Segment Operating Highlights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.60 730.25 Td (\(Thousands of Dollars, Except Barrel/Day Information\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 719.45 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 682.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 682.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 682.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 682.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 682.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 682.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 654.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 654.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 654.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 654.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 654.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 654.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 626.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 626.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 626.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 626.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 626.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 626.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 598.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 598.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 598.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 598.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 598.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 598.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 570.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 570.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 570.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 570.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 570.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 542.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 542.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 542.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 542.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 542.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 542.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 514.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 514.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 514.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 514.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 514.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 514.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 486.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 486.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 486.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 486.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 486.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 486.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 458.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 458.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 458.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 458.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 458.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 458.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 430.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 430.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 430.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 430.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 430.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 430.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 402.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 402.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 402.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 402.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 402.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 402.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 374.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 374.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 374.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 374.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 374.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 374.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 346.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 346.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 346.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 346.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 346.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 346.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 318.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 318.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 318.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 318.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 318.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 290.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 290.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 290.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 290.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 290.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 262.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 262.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 262.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 262.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 262.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 262.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 234.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 234.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 234.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 234.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 234.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 234.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 205.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 205.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 205.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 205.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 205.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 205.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 177.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 177.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 177.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 177.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 177.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 177.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 149.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 149.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 149.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 149.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 149.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 149.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 121.95 336.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 121.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 121.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 121.95 56.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 121.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 121.95 56.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 695.95 m 442.5 695.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 695.95 m 446.5 695.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 695.95 m 502.5 695.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 682.95 m 442.5 682.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 682.95 m 502.5 682.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 682.95 m 562.5 682.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 640.95 m 442.5 640.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 640.95 m 502.5 640.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 640.95 m 562.5 640.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 584.95 m 442.5 584.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 584.95 m 502.5 584.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 584.95 m 562.5 584.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 571.95 m 442.5 571.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 569.95 m 442.5 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 584.95 m 502.5 584.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 571.95 m 502.5 571.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 569.95 m 502.5 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 571.95 m 562.5 571.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 569.95 m 562.5 569.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 500.95000000000005 m 442.5 500.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 500.95000000000005 m 502.5 500.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 500.95000000000005 m 562.5 500.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 458.95000000000005 m 442.5 458.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 458.95000000000005 m 562.5 458.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 445.95000000000005 m 442.5 445.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 443.95000000000005 m 442.5 443.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 458.95000000000005 m 502.5 458.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 445.95000000000005 m 502.5 445.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 443.95000000000005 m 502.5 443.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 445.95000000000005 m 562.5 445.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 443.95000000000005 m 562.5 443.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 388.95000000000005 m 442.5 388.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 388.95000000000005 m 502.5 388.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 388.95000000000005 m 562.5 388.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 388.95000000000005 m 502.5 388.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 388.95000000000005 m 562.5 388.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 360.95000000000005 m 442.5 360.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 347.95000000000005 m 442.5 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 345.95000000000005 m 442.5 345.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 360.95000000000005 m 502.5 360.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 347.95000000000005 m 502.5 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 345.95000000000005 m 502.5 345.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 360.95000000000005 m 562.5 360.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 347.95000000000005 m 562.5 347.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 345.95000000000005 m 562.5 345.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 276.95000000000005 m 442.5 276.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 276.95000000000005 m 502.5 276.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 276.95000000000005 m 562.5 276.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 263.95000000000005 m 442.5 263.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 261.95000000000005 m 442.5 261.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 263.95000000000005 m 502.5 263.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 261.95000000000005 m 502.5 261.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 263.95000000000005 m 562.5 263.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 261.95000000000005 m 562.5 261.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 177.95000000000005 m 442.5 177.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 177.95000000000005 m 502.5 177.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 177.95000000000005 m 562.5 177.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 149.95000000000005 m 442.5 149.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 149.95000000000005 m 502.5 149.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 149.95000000000005 m 562.5 149.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 107.95000000000005 m 442.5 107.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 107.95000000000005 m 562.5 107.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 94.95000000000005 m 442.5 94.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 92.95000000000005 m 442.5 92.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 107.95000000000005 m 502.5 107.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 94.95000000000005 m 502.5 94.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 92.95000000000005 m 502.5 92.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 94.95000000000005 m 562.5 94.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 92.95000000000005 m 562.5 92.95000000000005 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 700.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.70 700.18 Td (Y) Tj ET Q q 0 0 0 rg BT 405.03 700.18 Td (ear) Tj ET Q q 0 0 0 rg BT 415.62 700.18 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 476.35 700.18 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.00 700.20 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 687.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.00 687.18 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.00 687.18 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.85 687.18 Td (Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 673.68 Td (Pipeline:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 659.52 Td (Refined products and ammonia pipelines throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 659.52 Td (557,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 659.52 Td (516,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 659.52 Td (40,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 645.52 Td (Crude oil pipelines throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 645.52 Td (876,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 645.52 Td (583,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 645.52 Td (293,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 631.52 Td (T) Tj ET Q q 0 0 0 rg BT 73.76 631.52 Td (otal throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.60 631.52 Td (1,433,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 631.52 Td (1,100,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 631.52 Td (333,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 617.52 Td (Throughput and other revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 617.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 617.52 Td (61) Tj ET Q q 0 0 0 rg BT 416.15 617.52 Td (1,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 617.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 617.52 Td (516,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 617.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 617.52 Td (94,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 603.52 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 603.52 Td (184,427) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 603.52 Td (156,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 603.52 Td (27,995) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 589.52 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 589.52 Td (153,943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 589.52 Td (128,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 589.52 Td (25,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 575.52 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 575.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 575.52 Td (272,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 575.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 575.52 Td (231,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 575.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 575.52 Td (40,900) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 547.68 Td (Storage:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 533.52 Td (Throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 533.52 Td (341,396) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 533.52 Td (325,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 533.52 Td (16,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 519.52 Td (Throughput terminal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 519.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 519.52 Td (83,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 519.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 519.52 Td (85,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 519.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 519.57 Td (\(2,770) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 519.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 505.52 Td (Storage terminal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 505.52 Td (522,793) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 505.52 Td (531,026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 505.57 Td (\(8,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 505.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 491.52 Td (T) Tj ET Q q 0 0 0 rg BT 73.76 491.52 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 491.52 Td (605,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 491.52 Td (616,953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 491.57 Td (\(1) Tj ET Q q 0 0 0 rg BT 536.13 491.57 Td (1,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 491.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 477.52 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 477.52 Td (289,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 477.52 Td (270,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 477.52 Td (19,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 463.52 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 463.52 Td (135,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 463.52 Td (127,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 463.52 Td (7,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 449.52 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 449.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 449.52 Td (181,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 449.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 449.52 Td (219,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 449.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 449.57 Td (\(37,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 449.52 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 421.68 Td (Fuels Marketing:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 407.52 Td (Product sales and other revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 407.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 407.52 Td (752,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 407.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 407.52 Td (692,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 407.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 407.52 Td (59,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 393.52 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 393.52 Td (713,031) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 393.52 Td (660,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 393.52 Td (52,187) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 379.52 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 109.29 379.52 Td (gin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 379.52 Td (39,281) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 379.52 Td (32,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 379.52 Td (7,241) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 365.52 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 365.52 Td (14,841) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 365.52 Td (26,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 365.57 Td (\(1) Tj ET Q q 0 0 0 rg BT 536.13 365.57 Td (1,216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 365.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 351.52 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 351.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 351.52 Td (24,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 351.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 351.52 Td (5,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 351.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 351.52 Td (18,457) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 323.68 Td (Consolidation and Intersegment Eliminations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 309.52 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 309.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.80 309.57 Td (\(7,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 309.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 309.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 309.57 Td (\(12,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 309.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 309.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 309.52 Td (4,536) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 295.52 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.80 295.57 Td (\(7,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 295.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.80 295.57 Td (\(9,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 295.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 295.52 Td (2,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 281.52 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.30 281.57 Td (\(517) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 281.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.80 281.57 Td (\(2,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 281.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 281.52 Td (2,343) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 267.52 Td (T) Tj ET Q q 0 0 0 rg BT 73.76 267.52 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 267.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 267.52 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 267.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.30 267.57 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.65 267.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 267.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 267.52 Td (33) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 239.68 Td (Consolidated Information:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 225.52 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 225.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.60 225.52 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 225.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 225.52 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 225.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 225.52 Td (147,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 211.52 Td (Costs associated with service revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 196.52 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 196.52 Td (488,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 196.52 Td (449,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 196.52 Td (38,504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 182.52 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 182.52 Td (288,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 182.52 Td (255,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 182.52 Td (33,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 168.52 Td (T) Tj ET Q q 0 0 0 rg BT 74.91 168.52 Td (otal costs associated with service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 168.52 Td (777,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 168.52 Td (705,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 168.52 Td (71,969) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 154.52 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 154.52 Td (705,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 154.52 Td (651,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 154.52 Td (54,347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 140.52 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 140.52 Td (478,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 140.52 Td (457,216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 140.52 Td (21,422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 126.52 Td (General and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 126.52 Td (106,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 126.52 Td (1) Tj ET Q q 0 0 0 rg BT 471.15 126.52 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 126.57 Td (\(6,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 126.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 112.52 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 112.52 Td (8,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 112.52 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 112.52 Td (177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 98.52 Td (Consolidated operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.00 98.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 98.52 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 98.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 98.52 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 98.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 98.52 Td (27,285) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 95 0 obj <> endobj 96 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (47) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 730.25 Td (otal revenues increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.20 730.25 Td ($94.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.09 730.25 Td ( and total throughputs increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.33 730.25 Td (333,640) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.83 730.25 Td ( barrels per day for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 718.25 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.59 718.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.17 718.25 Td (, primarily due to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 706.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.25 Td (an increase in revenues of $68.4 million and an increase in throughputs of 242,785 barrels per day resulting from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.25 Td (increased customer production supplying our Permian Crude System, completion of pipeline expansion projects and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.25 Td (owning and operating the system for the entire period in 2018; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 670.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.25 Td (an increase in revenues of $16.0 million and an increase in throughputs of 38,624 barrels per day due to a turnaround ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 658.25 Td (in the fourth quarter of 2017 at the refinery served by our McKee System pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 646.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 646.25 Td (an increase in revenues of $13.0 million and an increase in throughputs of 1) Tj ET Q q 0 0 0 rg BT 388.88 646.25 Td (1,318 barrels per day on our East Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 634.25 Td (due to higher diesel throughputs, an increase in long-haul deliveries resulting in higher average tarif) Tj ET Q q 0 0 0 rg BT 485.41 634.25 Td (fs and the Council ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 622.25 Td (Bluf) Tj ET Q q 0 0 0 rg BT 103.60 622.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 112.77 622.25 Td (Acquisition; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 610.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 610.25 Td (an increase in revenues of $10.8 million and an increase in throughputs of 8,742 barrels per day) Tj ET Q q 0 0 0 rg BT 468.01 610.25 Td (, mainly due to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 598.25 Td (turnaround at the refinery served by our North Pipeline in the second quarter of 2017, as well as turnaround activity at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 586.25 Td (a neighboring refinery in 2018, resulting in higher demand on the North Pipeline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 181.42 562.25 Td (fset by: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 550.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.25 Td (a decrease in revenues of $10.8 million on our Eagle Ford System, mainly due to contract renewals at lower rates, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.25 Td (which more than of) Tj ET Q q 0 0 0 rg BT 163.85 538.25 Td (fset an increase in throughputs of 47,338 barrels per day; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 526.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 526.25 Td (a decrease in revenues of $3.4 million and a decrease in throughputs of 13,834 barrels per day on our ) Tj ET Q q 0 0 0 rg BT 492.26 526.25 Td (Ardmore ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 514.25 Td (System, mainly due to a customer) Tj ET Q q 0 0 0 rg BT 221.90 514.25 Td () Tj ET Q q 0 0 0 rg BT 224.68 514.25 Td (s refinery turnaround in 2018, as well as an increase in short-haul deliveries, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 502.25 Td (result in lower average tarif) Tj ET Q q 0 0 0 rg BT 196.32 502.25 Td (fs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (Operating expenses increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.34 478.25 Td ($28.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.23 478.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.69 478.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.27 478.25 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.28 478.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 466.25 Td (, mainly due to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 454.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 454.25 Td (increased operating expenses of $16.5 million as a result of owning the Permian Crude System for the entire period in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 442.25 Td (2018 and consistent with the increase in throughputs;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 430.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 430.25 Td (an increase of $3.1 million resulting from the Council Bluf) Tj ET Q q 0 0 0 rg BT 321.33 430.25 Td (fs ) Tj ET Q q 0 0 0 rg BT 330.50 430.25 Td (Acquisition;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 418.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 418.25 Td (an increase of $2.7 million in salaries and wages; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 406.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 406.25 Td (an increase in power expenses of $2.6 million, mainly due to increased throughputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (Depreciation and amortization expense increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.08 385.25 Td ($25.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.97 385.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.43 385.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.01 385.25 Td (, compared to the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 373.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 373.25 Td (, mainly due to owning the Permian Crude System for the entire period in 2018.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (Throughput terminal revenues decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.49 337.25 Td ($2.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.38 337.25 Td (, while throughputs increased 16,202 barrels per day for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 325.25 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.59 325.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.17 325.25 Td (. Corpus Christi North Beach terminal revenues decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (by $6.3 million, despite increased throughputs of 10,581 barrels per day mainly driven by higher South ) Tj ET Q q 0 0 0 rg BT 465.02 313.25 Td (T) Tj ET Q q 0 0 0 rg BT 470.43 313.25 Td (exas Crude System ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (volumes, due to lower storage rates and lower dock revenues as additional volumes were delivered to our customer) Tj ET Q q 0 0 0 rg BT 510.78 301.25 Td () Tj ET Q q 0 0 0 rg BT 513.56 301.25 Td (s refineries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (instead of over our docks. Revenues increased $3.8 million and throughputs increased 7,343 barrels per day at our Central ) Tj ET Q q 0 0 0 rg BT 540.79 289.25 Td (W) Tj ET Q q 0 0 0 rg BT 549.43 289.25 Td (est ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 277.25 Td (erminals, mainly due to increased demand in markets served by those terminals.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.25 Td (Storage terminal revenues decreased $8.2 million for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.17 253.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.75 253.25 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 241.25 Td (, primarily due to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 229.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 229.25 Td (a decrease of $15.5 million at our Gulf Coast ) Tj ET Q q 0 0 0 rg BT 268.55 229.25 Td (T) Tj ET Q q 0 0 0 rg BT 273.96 229.25 Td (erminals, mainly due to a backwardated market resulting in the non-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 217.25 Td (renewal at expiration of certain customer contracts and lower throughput and associated handling fees; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 205.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 205.25 Td (a decrease of $7.1 million at our St. Eustatius terminal, primarily due to renewal of contracts at lower rates, tanks out ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 193.25 Td (of service and lower throughput and handling fees; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 181.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 181.25 Td (a decrease of $4.4 million due to the sale of our European terminals in the fourth quarter of 2018; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 169.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 169.25 Td (a decrease of $1.9 million due to lower throughput and handling fees at our Point ) Tj ET Q q 0 0 0 rg BT 412.96 169.25 Td (T) Tj ET Q q 0 0 0 rg BT 418.72 169.25 Td (upper terminal.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 145.25 Td (These decreases were partially of) Tj ET Q q 0 0 0 rg BT 183.08 145.25 Td (fset by the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 133.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 133.25 Td (an increase of $9.4 million at our ) Tj ET Q q 0 0 0 rg BT 220.78 133.25 Td (W) Tj ET Q q 0 0 0 rg BT 229.42 133.25 Td (est Coast ) Tj ET Q q 0 0 0 rg BT 268.12 133.25 Td (T) Tj ET Q q 0 0 0 rg BT 273.53 133.25 Td (erminals, mainly due to project completions, rate escalations and higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 121.25 Td (throughput and associated handling fees; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 109.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 109.25 Td (an increase of $8.1 million at our North East ) Tj ET Q q 0 0 0 rg BT 266.33 109.25 Td (T) Tj ET Q q 0 0 0 rg BT 271.74 109.25 Td (erminals, mainly due to an adjustment to revenues resulting from a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 97.25 Td (change in the term of a contract and the completion of a tank expansion project at our Linden terminal, partially of) Tj ET Q q 0 0 0 rg BT 543.71 97.25 Td (fset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 85.25 Td (by a decrease in revenues at our Piney Point terminal due to the non-renewal at expiration of certain customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 73.25 Td (contracts. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.72 73.25 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.72 73.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial Statements ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 61.25 Td (and Supplementary Data for further discussion of the revenue adjustment; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 49.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 49.25 Td (an increase of $1.9 million due to higher reimbursable revenues at our Point ) Tj ET Q q 0 0 0 rg BT 392.40 49.25 Td (T) Tj ET Q q 0 0 0 rg BT 398.16 49.25 Td (upper terminal.) Tj ET Q endstream endobj 97 0 obj <> endobj 98 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Operating expenses increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.34 742.10 Td ($19.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.23 742.10 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.69 742.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.27 742.10 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.28 742.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 730.10 Td (, primarily due to: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (an increase in salaries and wages of $6.0 million, and an increase in maintenance and regulatory expenses of $2.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (million, both spread across various regions;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 694.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (an increase in reimbursable expenses of $4.9 million at various terminals, primarily due to tank cleanings at our Point ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.76 682.10 Td (upper and Corpus Christi North Beach terminals, which was of) Tj ET Q q 0 0 0 rg BT 343.75 682.10 Td (fset by a corresponding increase in reimbursable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.10 Td (revenues;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 658.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 658.10 Td (an increase in rent expense of $4.4 million, mainly due to additional marine vessel costs at our St. Eustatius terminal; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 646.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 646.10 Td (an increase of $1.9 million for contractor services and an increase of $1.8 million in power costs, mainly due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 634.10 Td (increased dive inspection costs and higher gas consumption, respectively) Tj ET Q q 0 0 0 rg BT 377.22 634.10 Td (, at our St. Eustatius terminal; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 622.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 622.10 Td (an increase in insurance expense of $1.7 million across all terminals due to premium increases.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (These increases were partially of) Tj ET Q q 0 0 0 rg BT 181.42 598.10 Td (fset by a decrease in operating expense of $4.2 million at St. Eustatius due to the business ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (interruption insurance recovery in 2018 versus 2017 related to the hurricane damage.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Depreciation and amortization expense increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.08 562.10 Td ($7.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.97 562.10 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.43 562.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.01 562.10 Td (, compared to the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 550.10 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 550.10 Td (, mainly as the result of the completion of various storage projects, primarily at our St. Eustatius ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (terminal.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Fuels Marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (Segment operating income increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.95 502.10 Td ($18.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.84 502.10 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.30 502.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.88 502.10 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 490.10 Td (, primarily due to an increase of $1) Tj ET Q q 0 0 0 rg BT 268.16 490.10 Td (1.2 million in operating income from our blending operations and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (product sales, and a reduction in operating losses of $5.6 million incurred by our heavy fuels trading operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (Consolidation and Intersegment Eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (Revenue and operating expense eliminations primarily relate to storage fees char) Tj ET Q q 0 0 0 rg BT 373.03 442.10 Td (ged to the fuels marketing segment by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (storage segment. Cost of product sales eliminations represent expenses char) Tj ET Q q 0 0 0 rg BT 353.07 430.10 Td (ged to the fuels marketing segment for costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (associated with inventory that are expensed once the inventory is sold.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (General and administrative expenses decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.30 382.10 Td ($6.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.20 382.10 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.66 382.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.24 382.10 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 370.10 Td (, primarily due to transaction costs related to the Navigator ) Tj ET Q q 0 0 0 rg BT 366.02 370.10 Td (Acquisition in 2017, partially of) Tj ET Q q 0 0 0 rg BT 494.43 370.10 Td (fset by higher ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (compensation costs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (Interest expense, net increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.66 337.10 Td ($13.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.55 337.10 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.02 337.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.60 337.10 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.60 337.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 325.10 Td (, mainly due to the issuance of $550.0 million of 5.625% senior notes on ) Tj ET Q q 0 0 0 rg BT 362.46 325.10 Td (April 28, 2017 to partially fund the Navigator ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (Acquisition and higher interest rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.19 292.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.78 292.10 Td (, we recorded other income, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.44 292.10 Td ($39.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.33 292.10 Td (, primarily due to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.20 292.10 Td ($78.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.09 292.10 Td ( gain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.10 Td (recognized in the first quarter from insurance proceeds related to hurricane damage at our St. Eustatius terminal in the third ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.10 Td (quarter of 2017, partially of) Tj ET Q q 0 0 0 rg BT 160.62 268.10 Td (fset by a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.99 268.10 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.88 268.10 Td ( loss on the sale of our European operations in the fourth quarter of 2018. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 256.10 Td (the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.80 256.10 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.38 256.10 Td (, we recorded other expense, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.82 256.10 Td ($5.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.71 256.10 Td (, mainly due to a $5.0 million loss for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.10 Td (property damage at our St. Eustatius terminal resulting from the hurricane activity in the third quarter of 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (Income tax expense increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.16 223.10 Td ($1.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.05 223.10 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.52 223.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.10 223.10 Td (, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.10 223.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 211.10 Td (, primarily due to an increase in taxes associated with the Permian Crude System and higher foreign withholding taxes.) Tj ET Q endstream endobj 99 0 obj <> endobj 100 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (49) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Y) Tj ET Q q 0 0 0 rg BT 55.00 742.25 Td (ear Ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 100.00 742.25 Td (December31, 2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 179.15 742.25 Td ( Compared to ) Tj ET Q q 0 0 0 rg BT 237.02 742.25 Td (Y) Tj ET Q q 0 0 0 rg BT 242.02 742.25 Td (ear Ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 287.02 742.25 Td (December31, 2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.17 742.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 262.50 721.25 Td (Financial Highlights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.45 709.25 Td (\(Thousands of Dollars, Except Per Unit Data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 397.46 709.25 Td ( ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 672.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 672.75 188.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 643.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 643.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 643.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 643.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 643.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 643.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 613.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 613.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 613.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 613.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 613.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 613.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 583.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 583.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 583.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 583.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 583.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 583.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 553.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 553.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 553.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 553.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 553.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 553.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 523.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 523.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 523.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 523.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 523.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 523.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 493.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 493.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 493.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 493.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 493.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 493.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 463.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 463.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 463.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 463.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 463.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 463.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 433.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 433.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 433.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 433.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 433.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 403.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 403.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 403.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 403.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 403.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 685.75 m 433.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 685.75 m 437.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 685.75 m 497.5 685.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 672.75 m 433.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 672.75 m 497.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 672.75 m 561.5 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 613.75 m 433.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 613.75 m 497.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 613.75 m 561.5 613.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 598.75 m 433.5 598.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 598.75 m 497.5 598.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 598.75 m 561.5 598.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 508.75 m 433.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 493.75 m 433.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 508.75 m 497.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 493.75 m 497.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 508.75 m 561.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 493.75 m 561.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 433.75 m 433.5 433.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 433.75 m 497.5 433.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 433.75 m 561.5 433.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 403.75 m 433.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 403.75 m 497.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 403.75 m 561.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 403.75 m 433.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 389.75 m 433.5 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 387.75 m 433.5 387.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 403.75 m 497.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 389.75 m 497.5 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 387.75 m 497.5 387.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 403.75 m 561.5 403.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 389.75 m 561.5 389.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 387.75 m 561.5 387.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 690.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.70 689.98 Td (Y) Tj ET Q q 0 0 0 rg BT 396.03 689.98 Td (ear) Tj ET Q q 0 0 0 rg BT 406.62 689.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 467.35 689.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.00 690.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 677.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.00 676.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.00 676.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.85 676.98 Td (Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 663.48 Td (Statement of Income Data:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 649.48 Td (Revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 634.32 Td (Service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 633.42 Td (1,128,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 633.42 Td (1,083,165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 633.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 633.42 Td (45,561) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 619.32 Td (Product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 618.42 Td (685,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 618.42 Td (673,517) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 618.42 Td (1) Tj ET Q q 0 0 0 rg BT 535.15 618.42 Td (1,776) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.00 604.48 Td (T) Tj ET Q q 0 0 0 rg BT 73.21 604.48 Td (otal r) Tj ET Q q 0 0 0 rg BT 95.71 604.48 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 603.42 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 603.42 Td (1,756,682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 603.42 Td (57,337) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 574.48 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 559.32 Td (Costs associated with service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 558.42 Td (705,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 558.42 Td (656,584) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 558.42 Td (48,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 544.32 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 543.42 Td (651,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 543.42 Td (633,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 543.42 Td (17,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 529.32 Td (General and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 528.42 Td (1) Tj ET Q q 0 0 0 rg BT 402.15 528.42 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 528.42 Td (98,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 528.42 Td (13,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 514.32 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 513.42 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 513.42 Td (8,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 513.42 Td (179) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.00 499.48 Td (T) Tj ET Q q 0 0 0 rg BT 72.75 499.48 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 498.42 Td (1,477,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 498.42 Td (1,397,573) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 498.42 Td (80,168) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 469.48 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 468.42 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 468.42 Td (359,109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 468.47 Td (\(22,831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 468.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 454.32 Td (Interest expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 453.47 Td (\(173,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 453.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 453.47 Td (\(138,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 453.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 453.47 Td (\(34,733) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 453.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 439.32 Td (Other expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 438.47 Td (\(5,294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 438.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 438.47 Td (\(58,783) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 438.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 438.42 Td (53,489) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 424.32 Td (Income before income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 423.42 Td (157,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 423.42 Td (161,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 423.47 Td (\(4,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 423.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 409.32 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 408.42 Td (9,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 408.42 Td (1) Tj ET Q q 0 0 0 rg BT 471.15 408.42 Td (1,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 408.47 Td (\(2,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 408.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 394.48 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 393.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 393.42 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 393.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 393.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 393.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 393.47 Td (\(2,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 393.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 368.43 Td (Basic and diluted net income per) Tj ET Q q 0 0 0 rg BT 191.55 368.43 Td ( common unit:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 368.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 368.42 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 368.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 368.42 Td (1.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 368.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.80 368.47 Td (\(0.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 368.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (Annual Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (Net income slightly decreased for the year ended December31, 2017, compared to the year ended December31, 2016. ) Tj ET Q q 0 0 0 rg BT 528.24 328.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.25 Td (decrease in other expense, net, mainly resulting from a $58.7 million impairment char) Tj ET Q q 0 0 0 rg BT 393.33 316.25 Td (ge on the ) Tj ET Q q 0 0 0 rg BT 431.93 316.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 460.91 316.25 Td (T) Tj ET Q q 0 0 0 rg BT 466.32 316.25 Td (erm Loan in 2016, was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.25 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 304.25 Td (fset by increased interest expense, increased general and administrative expenses and decreased segment operating income. ) Tj ET Q endstream endobj 101 0 obj <> endobj 102 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (50) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 240.95 742.25 Td (Segment Operating Highlights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.60 730.25 Td (\(Thousands of Dollars, Except Barrel/Day Information\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 693.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 693.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 693.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 693.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 693.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 693.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 665.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 665.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 665.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 665.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 665.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 665.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 637.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 637.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 637.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 637.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 637.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 637.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 609.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 609.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 609.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 609.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 609.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 609.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 581.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 581.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 581.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 581.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 581.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 581.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 553.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 553.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 553.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 553.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 553.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 553.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 525.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 525.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 525.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 525.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 525.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 525.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 497.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 497.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 497.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 497.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 497.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 497.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 469.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 469.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 469.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 469.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 469.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 469.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 443.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 443.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 443.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 443.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 443.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 443.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 415.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 415.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 415.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 415.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 415.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 415.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 387.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 387.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 387.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 387.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 387.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 387.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 359.75 324.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 359.75 60.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 359.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 359.75 60.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 359.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 359.75 60.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 333.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 333.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 333.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 333.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 333.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 333.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 305.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 305.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 305.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 305.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 305.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 305.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 277.75 324.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 277.75 60.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 277.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 277.75 60.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 277.75 4.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 277.75 60.00 -12.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 251.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 251.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 251.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 251.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 251.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 251.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 223.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 223.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 223.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 223.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 223.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 223.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 195.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 195.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 195.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 195.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 195.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 195.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 167.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 167.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 167.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 167.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 167.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 167.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 139.75 324.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 139.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 139.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 139.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 139.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 139.75 60.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 706.75 m 433.5 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 706.75 m 437.5 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 706.75 m 497.5 706.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 693.75 m 433.5 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 693.75 m 497.5 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 693.75 m 561.5 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 651.75 m 433.5 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 651.75 m 497.5 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 651.75 m 561.5 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 651.75 m 497.5 651.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 595.75 m 433.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 595.75 m 497.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 595.75 m 561.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 582.75 m 433.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 580.75 m 433.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 595.75 m 497.5 595.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 582.75 m 497.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 580.75 m 497.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 582.75 m 561.5 582.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 580.75 m 561.5 580.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 511.75 m 433.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 511.75 m 497.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 511.75 m 561.5 511.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 469.75 m 433.5 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 456.75 m 433.5 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 454.75 m 433.5 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 469.75 m 497.5 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 456.75 m 497.5 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 454.75 m 497.5 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 469.75 m 561.5 469.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 456.75 m 561.5 456.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 454.75 m 561.5 454.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 401.75 m 433.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 401.75 m 497.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 401.75 m 561.5 401.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 373.75 m 433.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 360.75 m 433.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 358.75 m 433.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 373.75 m 497.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 360.75 m 497.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 358.75 m 497.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 373.75 m 561.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 360.75 m 561.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 358.75 m 561.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 291.75 m 433.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 291.75 m 497.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 291.75 m 561.5 291.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 278.75 m 433.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 276.75 m 433.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 278.75 m 497.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 276.75 m 497.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 278.75 m 561.5 278.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 276.75 m 561.5 276.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 195.75 m 433.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 195.75 m 497.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 195.75 m 561.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 167.75 m 433.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 167.75 m 497.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 167.75 m 561.5 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 125.75 m 433.5 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 125.75 m 497.5 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 125.75 m 561.5 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 112.75 m 433.5 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 110.75 m 433.5 110.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 125.75 m 497.5 125.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 112.75 m 497.5 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 110.75 m 497.5 110.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 112.75 m 561.5 112.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 110.75 m 561.5 110.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 711.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.70 710.98 Td (Y) Tj ET Q q 0 0 0 rg BT 396.03 710.98 Td (ear) Tj ET Q q 0 0 0 rg BT 406.62 710.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 467.35 710.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 504.00 711.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.00 697.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.00 697.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.85 697.98 Td (Change) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 684.48 Td (Pipeline:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 670.32 Td (Refined products and ammonia pipelines throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 670.32 Td (516,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 670.32 Td (535,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 670.37 Td (\(19,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 670.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 656.32 Td (Crude oil pipelines throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 656.32 Td (583,323) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 656.32 Td (392,181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 656.32 Td (191,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 642.32 Td (T) Tj ET Q q 0 0 0 rg BT 72.76 642.32 Td (otal throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 642.32 Td (1,100,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 642.32 Td (928,127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 642.32 Td (171,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 628.32 Td (Throughput revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 628.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 628.32 Td (516,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 628.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 628.32 Td (485,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 628.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 628.32 Td (30,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 614.32 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 614.32 Td (156,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 614.32 Td (147,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 614.32 Td (8,574) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 600.32 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 600.32 Td (128,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 600.32 Td (89,554) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 600.32 Td (38,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 586.32 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 586.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 586.32 Td (231,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 586.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 586.32 Td (248,238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 586.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 586.37 Td (\(16,443) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 586.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 558.48 Td (Storage:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 544.32 Td (Throughput \(barrels/day\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 544.32 Td (325,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 544.32 Td (789,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 544.37 Td (\(463,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 544.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 530.32 Td (Throughput terminal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 530.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 530.32 Td (85,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 530.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 530.32 Td (1) Tj ET Q q 0 0 0 rg BT 466.15 530.32 Td (17,586) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 530.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 530.37 Td (\(31,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 530.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 516.32 Td (Storage terminal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 516.32 Td (531,026) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 516.32 Td (492,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 516.32 Td (38,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 502.32 Td (T) Tj ET Q q 0 0 0 rg BT 72.76 502.32 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 502.32 Td (616,953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 502.32 Td (610,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 502.32 Td (6,91) Tj ET Q q 0 0 0 rg BT 552.65 502.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 488.32 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 488.32 Td (270,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 488.32 Td (276,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 488.37 Td (\(6,537) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 488.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 474.32 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 474.32 Td (127,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 474.32 Td (1) Tj ET Q q 0 0 0 rg BT 466.15 474.32 Td (18,663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 474.32 Td (8,810) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 460.32 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 460.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 460.32 Td (219,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 460.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 460.32 Td (214,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 460.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 460.32 Td (4,638) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 434.48 Td (Fuels Marketing:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 420.32 Td (Product sales and other revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 420.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 420.32 Td (692,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 420.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 420.32 Td (681,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 420.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 420.32 Td (10,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 406.32 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 406.32 Td (660,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 406.32 Td (645,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 406.32 Td (15,489) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 392.32 Td (Gross mar) Tj ET Q q 0 0 0 rg BT 108.29 392.32 Td (gin) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 392.32 Td (32,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 392.32 Td (36,579) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 392.37 Td (\(4,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 392.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 378.32 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 378.32 Td (26,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 378.32 Td (33,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 378.37 Td (\(7,1) Tj ET Q q 0 0 0 rg BT 547.63 378.37 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 378.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 364.32 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 364.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 364.32 Td (5,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 364.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 364.32 Td (3,406) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 364.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 364.32 Td (2,577) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 338.48 Td (Consolidation and Intersegment Eliminations:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 324.32 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 324.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 324.37 Td (\(12,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 324.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 324.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 324.37 Td (\(20,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 324.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 324.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 324.32 Td (8,838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 310.32 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 310.37 Td (\(9,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 310.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 310.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 471.13 310.37 Td (1,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 310.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 310.32 Td (2,457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 296.32 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 296.37 Td (\(2,860) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 296.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 296.37 Td (\(9,242) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 296.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 296.32 Td (6,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 282.32 Td (T) Tj ET Q q 0 0 0 rg BT 72.76 282.32 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 282.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.30 282.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 282.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 282.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 282.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 282.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.30 282.37 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 282.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 256.48 Td (Consolidated Information:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 242.32 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 242.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 242.32 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 242.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 242.32 Td (1,756,682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 242.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 242.32 Td (57,337) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 228.32 Td (Costs associated with service revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 214.32 Td (Operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 214.32 Td (449,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 214.32 Td (448,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 214.32 Td (1,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.00 200.32 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 200.32 Td (255,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 200.32 Td (208,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 200.32 Td (47,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 186.32 Td (T) Tj ET Q q 0 0 0 rg BT 75.41 186.32 Td (otal costs associated with service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 186.32 Td (705,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 186.32 Td (656,584) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 186.32 Td (48,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 172.32 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 172.32 Td (651,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 172.32 Td (633,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 172.32 Td (17,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 158.32 Td (Segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 158.32 Td (457,216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 158.32 Td (466,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 158.37 Td (\(9,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 158.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 144.32 Td (General and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 144.32 Td (1) Tj ET Q q 0 0 0 rg BT 402.15 144.32 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 144.32 Td (98,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 144.32 Td (13,423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 130.32 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 130.32 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 130.32 Td (8,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 130.32 Td (179) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 116.32 Td (Consolidated operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 116.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 116.32 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 116.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 116.32 Td (359,109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 116.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 116.37 Td (\(22,831) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 116.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 103 0 obj <> endobj 104 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (51) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 730.25 Td (otal revenues increased $30.6 million and total throughputs increased 171,932 barrels per day for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (December31, 2017, compared to the year ended December31, 2016, primarily due to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 706.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.25 Td (an increase in revenues of $42.6 million and an increase in throughputs of 192,958 barrels per day from our Permian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.25 Td (Crude System acquired in May 2017; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 682.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.25 Td (an increase in revenues of $5.5 million and an increase in throughputs of 2,929 barrels per day due to maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 670.25 Td (downtime in 2016 on a portion of the ) Tj ET Q q 0 0 0 rg BT 237.09 670.25 Td (Ammonia Pipeline, as well as operational issues in 2016 at certain plants served ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 658.25 Td (by the pipeline; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 646.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 646.25 Td (an increase in revenues of $3.4 million, despite a decrease in throughputs of 4,129 barrels per day) Tj ET Q q 0 0 0 rg BT 476.06 646.25 Td (, on our East Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 634.25 Td (due to the completion of various storage projects along the pipeline, as well as an increase in long-haul deliveries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 622.25 Td (resulting in higher average tarif) Tj ET Q q 0 0 0 rg BT 211.88 622.25 Td (fs. ) Tj ET Q q 0 0 0 rg BT 223.55 622.25 Td (A) Tj ET Q q 0 0 0 rg BT 230.22 622.25 Td ( turnaround and operational issues at the refineries served by the East Pipeline in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 610.25 Td (2017 contributed to the decrease in throughputs.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (These increases in revenues and throughputs were partially of) Tj ET Q q 0 0 0 rg BT 296.95 586.25 Td (fset by: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 574.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 574.25 Td (a decrease in revenues of $10.4 million and a decrease in throughputs of 16,839 barrels per day due to a turnaround in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 562.25 Td (the fourth quarter of 2017 at the refinery served by our McKee System pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 550.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 550.25 Td (a decrease in revenues of $6.8 million and a decrease in throughputs of 15,561 barrels per day on our Eagle Ford ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 538.25 Td (System, mainly due to reduced production in a sustained low crude oil price environment; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 526.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 526.25 Td (a decrease in revenues of $4.8 million and a decrease in throughputs of 6,905 barrels per day due to a turnaround in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 514.25 Td (the second quarter of 2017 at the refinery served by the North Pipeline. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.25 Td (Operating expenses increased $8.6 million for the year ended December31, 2017, compared to the year ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 481.25 Td (2016. Operating expenses increased $9.9 million as a result of our acquisition of the Permian Crude System, which was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 469.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 469.25 Td (fset by a decrease of $2.1 million from product imbalances on the East Pipeline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 448.25 Td (Depreciation and amortization expense increased $38.5 million for the year ended December31, 2017, compared to the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 436.25 Td (ended December31, 2016, due to our acquisition of the Permian Crude System and the completion of various pipeline projects.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 412.25 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.25 Td (Ef) Tj ET Q q 0 0 0 rg BT 59.26 400.25 Td (fective January 1, 2017, our agreements for our refinery crude storage tanks at Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 438.40 400.25 Td (TX, ) Tj ET Q q 0 0 0 rg BT 456.55 400.25 Td (T) Tj ET Q q 0 0 0 rg BT 461.96 400.25 Td (exas City) Tj ET Q q 0 0 0 rg BT 498.81 400.25 Td (, ) Tj ET Q q 0 0 0 rg BT 503.63 400.25 Td (TX and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (Benicia, CA) Tj ET Q q 0 0 0 rg BT 98.88 388.25 Td ( were amended to change our fees from throughput-based to storage-based. Excluding the ef) Tj ET Q q 0 0 0 rg BT 468.01 388.25 Td (fect of the change to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 376.25 Td (these agreements, throughput terminal revenues would have increased $9.5 million and throughputs would have increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 364.25 Td (14,360 barrels per day for the year ended December31, 2017, compared to the year ended December31, 2016. ) Tj ET Q q 0 0 0 rg BT 496.87 364.25 Td (Throughput ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 352.25 Td (terminal revenues increased at our Corpus Christi North Beach terminal by $15.1 million due to an increase in throughputs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (26,359 barrels per day) Tj ET Q q 0 0 0 rg BT 138.76 340.25 Td (, mainly resulting from the Martin ) Tj ET Q q 0 0 0 rg BT 277.72 340.25 Td (T) Tj ET Q q 0 0 0 rg BT 283.13 340.25 Td (erminal ) Tj ET Q q 0 0 0 rg BT 315.63 340.25 Td (Acquisition. ) Tj ET Q q 0 0 0 rg BT 367.11 340.25 Td (The benefit of the Martin ) Tj ET Q q 0 0 0 rg BT 470.50 340.25 Td (T) Tj ET Q q 0 0 0 rg BT 475.91 340.25 Td (erminal ) Tj ET Q q 0 0 0 rg BT 508.40 340.25 Td (Acquisition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.25 Td (was partially of) Tj ET Q q 0 0 0 rg BT 112.02 328.25 Td (fset by lower revenues and throughputs resulting from a decrease in Eagle Ford Shale crude oil being shipped to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.25 Td (Corpus Christi due to reduced production in a sustained low crude oil price environment. ) Tj ET Q q 0 0 0 rg BT 408.35 316.25 Td (Throughputs increased 16,309 barrels ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.25 Td (per day) Tj ET Q q 0 0 0 rg BT 79.06 304.25 Td (, despite only a slight increase in revenues of $0.3 million, at our Central ) Tj ET Q q 0 0 0 rg BT 372.42 304.25 Td (W) Tj ET Q q 0 0 0 rg BT 381.05 304.25 Td (est ) Tj ET Q q 0 0 0 rg BT 394.48 304.25 Td (T) Tj ET Q q 0 0 0 rg BT 399.89 304.25 Td (erminals, mainly due to a new customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.25 Td (contract and increased marine activity) Tj ET Q q 0 0 0 rg BT 201.50 292.25 Td (, mostly of) Tj ET Q q 0 0 0 rg BT 244.38 292.25 Td (fset by decreased revenues from ancillary services. ) Tj ET Q q 0 0 0 rg BT 450.21 292.25 Td (These increases in revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 280.25 Td (and throughputs were partially of) Tj ET Q q 0 0 0 rg BT 183.12 280.25 Td (fset by decreased revenues of $5.8 million and decreased throughputs of 28,308 barrels per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 268.25 Td (day at our Paulsboro, NJ terminal as a customer diverted barrels to other terminals. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.25 Td (Storage terminal revenues would have decreased $0.6 million for the year ended December31, 2017, compared to the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 232.25 Td (ended December31, 2016, excluding the ef) Tj ET Q q 0 0 0 rg BT 224.20 232.25 Td (fect of the change to the refinery storage tank agreements described above. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 220.25 Td (Revenues at our Gulf Coast ) Tj ET Q q 0 0 0 rg BT 162.85 220.25 Td (T) Tj ET Q q 0 0 0 rg BT 168.26 220.25 Td (erminals decreased $19.2 million, mainly at our St. James, LA) Tj ET Q q 0 0 0 rg BT 417.38 220.25 Td ( terminal due to reduced unit train ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 208.25 Td (activity and at our ) Tj ET Q q 0 0 0 rg BT 124.79 208.25 Td (T) Tj ET Q q 0 0 0 rg BT 130.21 208.25 Td (exas City) Tj ET Q q 0 0 0 rg BT 167.05 208.25 Td (, ) Tj ET Q q 0 0 0 rg BT 171.87 208.25 Td (TX terminal as a result of the exit from our heavy fuels trading operations. ) Tj ET Q q 0 0 0 rg BT 472.43 208.25 Td (These decreases were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 196.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 196.25 Td (fset by increases in revenues of $8.2 million at our North East ) Tj ET Q q 0 0 0 rg BT 344.00 196.25 Td (T) Tj ET Q q 0 0 0 rg BT 349.41 196.25 Td (erminals and $4.5 million at our ) Tj ET Q q 0 0 0 rg BT 480.04 196.25 Td (W) Tj ET Q q 0 0 0 rg BT 488.68 196.25 Td (est Coast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 184.25 Td (erminals, mainly due to new customer contracts and rate escalations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.25 Td (Storage terminal revenues also increased $5.5 million for the year ended December31, 2017, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.25 Td (December31, 2016, at our international terminals. Revenues increased $10.2 million at our St. Eustatius terminal, mainly due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.25 Td (to new customer contracts and rate escalations, partially of) Tj ET Q q 0 0 0 rg BT 284.45 136.25 Td (fset by lower throughput and associated handling fees as a result of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.25 Td (the temporary shutdown of the terminal and damage caused by hurricane activity in the third quarter of 2017. ) Tj ET Q q 0 0 0 rg BT 489.40 124.25 Td (This increase was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.25 Td (partially of) Tj ET Q q 0 0 0 rg BT 93.97 112.25 Td (fset by a decrease in revenues of $4.2 million at our Point ) Tj ET Q q 0 0 0 rg BT 326.78 112.25 Td (T) Tj ET Q q 0 0 0 rg BT 332.54 112.25 Td (upper terminal, mainly resulting from a decrease in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.25 Td (customer base, tanks out of service and lower reimbursable revenues. ) Tj ET Q endstream endobj 105 0 obj <> endobj 106 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Operating expenses decreased $6.5 million for the year ended December31, 2017, compared to the year ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (2016, primarily due to: ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 718.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td (a decrease of $8.7 million in maintenance and regulatory expenses, primarily at our St. Eustatius, North East and Point ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 706.10 Td (T) Tj ET Q q 0 0 0 rg BT 91.76 706.10 Td (upper terminals; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 694.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 694.10 Td (a decrease of $6.1 million in reimbursable expenses, mainly at our ) Tj ET Q q 0 0 0 rg BT 353.79 694.10 Td (T) Tj ET Q q 0 0 0 rg BT 359.20 694.10 Td (exas City) Tj ET Q q 0 0 0 rg BT 396.05 694.10 Td (, ) Tj ET Q q 0 0 0 rg BT 400.87 694.10 Td (TX and Point ) Tj ET Q q 0 0 0 rg BT 457.07 694.10 Td (T) Tj ET Q q 0 0 0 rg BT 462.83 694.10 Td (upper terminals, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 682.10 Td (consistent with the decrease in reimbursable revenues.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (These decreases were partially of) Tj ET Q q 0 0 0 rg BT 183.08 658.10 Td (fset by increased operating expenses of $8.5 million as a result of the Martin ) Tj ET Q q 0 0 0 rg BT 491.43 658.10 Td (T) Tj ET Q q 0 0 0 rg BT 496.84 658.10 Td (erminal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Acquisition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (Depreciation and amortization expense increased $8.8 million for the year ended December31, 2017, compared to the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (ended December31, 2016, due to the Martin ) Tj ET Q q 0 0 0 rg BT 231.43 610.10 Td (T) Tj ET Q q 0 0 0 rg BT 236.84 610.10 Td (erminal ) Tj ET Q q 0 0 0 rg BT 269.33 610.10 Td (Acquisition and other various projects.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (Fuels Marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Segment operating income increased $2.6 million for the year ended December31, 2017, compared to the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (December31, 2016, primarily due to a reduction in losses of $9.1 million from exiting our heavy fuels trading operations in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (2017. Segment operating income from our bunker fuel operations at our St. Eustatius terminal decreased $6.4 million, due to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (lower gross mar) Tj ET Q q 0 0 0 rg BT 114.25 538.10 Td (gins and the temporary shutdown of the terminal caused by hurricane activity in the third quarter of 2017.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Consolidation and Intersegment Eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (Revenue and operating expense eliminations primarily relate to storage fees char) Tj ET Q q 0 0 0 rg BT 373.03 502.10 Td (ged to the fuels marketing segment by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (storage segment. Cost of product sales eliminations represent expenses char) Tj ET Q q 0 0 0 rg BT 353.07 490.10 Td (ged to the fuels marketing segment for costs ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (associated with inventory that are expensed once the inventory is sold.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (General) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (General and administrative expenses increased $13.4 million for the year ended December31, 2017, compared to the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (ended December31, 2016, primarily due to transaction costs related to the Navigator ) Tj ET Q q 0 0 0 rg BT 392.39 430.10 Td (Acquisition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 409.10 Td (Interest expense, net increased $34.7 million for the year ended December31, 2017, compared to the year ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.10 Td (2016, mainly due to the issuance of $550.0 million of 5.625% senior notes in ) Tj ET Q q 0 0 0 rg BT 360.24 397.10 Td (April 2017 and as a result of fees for a bridge loan ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.10 Td (commitment to potentially assist with the financing of the Navigator ) Tj ET Q q 0 0 0 rg BT 325.50 385.10 Td (Acquisition. ) Tj ET Q q 0 0 0 rg BT 376.99 385.10 Td (W) Tj ET Q q 0 0 0 rg BT 385.63 385.10 Td (e did not enter into or borrow under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.10 Td (bridge loan. Interest expense, net also increased as a result of lower interest income due to the termination of the ) Tj ET Q q 0 0 0 rg BT 501.51 373.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 530.49 373.10 Td (T) Tj ET Q q 0 0 0 rg BT 535.90 373.10 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.10 Td (Loan in February 2017. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.55 361.10 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.55 361.10 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.10 Td (Statements and Supplementary Data for a discussion of the ) Tj ET Q q 0 0 0 rg BT 292.44 349.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 321.42 349.10 Td (T) Tj ET Q q 0 0 0 rg BT 326.83 349.10 Td (erm Loan and related credit support. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 328.10 Td (For the year ended December31, 2017, we recorded other expense, net of $5.3 million, mainly due to property damage of $5.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 316.10 Td (million at our St. Eustatius terminal resulting from hurricane activity in the third quarter of 2017. For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 304.10 Td (December31, 2016, we recorded other expense, net of $58.8 million, mainly due to an impairment char) Tj ET Q q 0 0 0 rg BT 464.97 304.10 Td (ge of $58.7 million ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 292.10 Td (recognized on the ) Tj ET Q q 0 0 0 rg BT 123.03 292.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 152.01 292.10 Td (T) Tj ET Q q 0 0 0 rg BT 157.42 292.10 Td (erm Loan.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (Income tax expense decreased $2.0 million for the year ended December31, 2017, compared to the year ended December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (2016, primarily due to reductions in withholding taxes related to certain of our foreign subsidiaries. ) Tj ET Q q 0 0 0 rg BT 450.00 259.10 Td (This decrease was partially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 247.10 Td (fset by increased tax expense resulting from the enactment of the ) Tj ET Q q 0 0 0 rg BT 320.37 247.10 Td (T) Tj ET Q q 0 0 0 rg BT 325.78 247.10 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 395.23 247.10 Td (Act in December 2017 \(the ) Tj ET Q q 0 0 0 rg BT 506.03 247.10 Td (Act\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (pursuant to which we recorded a one-time mandatory tax on previously deferred earnings of certain foreign subsidiaries. Please ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (refer to Note) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 101.08 230.03 2.50 -9.09 re f /GS0 gs q 0 0 0 rg BT 101.08 223.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.58 223.10 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.58 223.10 Td ( of the Notes) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 164.96 230.03 391.58 -9.09 re f /GS0 gs q 0 0 0 rg BT 164.96 223.10 Td ( to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 218.03 261.88 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 211.10 Td (for a discussion on income taxes, including the impact of the ) Tj ET Q q 0 0 0 rg BT 294.95 211.10 Td (Act.) Tj ET Q endstream endobj 107 0 obj <> endobj 108 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (53) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (TRENDS ) Tj ET Q q 0 0 0 rg BT 92.51 742.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 116.68 742.25 Td (OUTLOOK) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (In early 2018, we launched a comprehensive plan to achieve the characteristics now demanded by the master limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (partnership market: simplified corporate governance with no incentive distribution rights, minimal equity capital needs, lower ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (leverage and strong distribution coverage. Over the course of the year) Tj ET Q q 0 0 0 rg BT 328.66 706.25 Td (, we executed our plan by) Tj ET Q q 0 0 0 rg BT 430.75 706.25 Td (, among other things, selling our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (European operations, which reduced our debt; completing the mer) Tj ET Q q 0 0 0 rg BT 314.45 694.25 Td (ger with our general partner) Tj ET Q q 0 0 0 rg BT 425.67 694.25 Td (, which both simplified our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (structure and resulted in the cancellation of the incentive distribution rights previously held by our general partner; resetting our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (quarterly distribution; and issuing our Series D Preferred Units. ) Tj ET Q q 0 0 0 rg BT 306.44 670.25 Td (W) Tj ET Q q 0 0 0 rg BT 315.48 670.25 Td (ith lower leverage metrics and higher distribution coverage, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (we have positioned ourselves to fund a lar) Tj ET Q q 0 0 0 rg BT 218.38 658.25 Td (ger proportion of our capital projects with the cash generated by our operations, thus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (reducing our need to access common equity markets to finance future growth opportunities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (The majority of significant growth opportunities for midstream crude oil pipeline companies today emanate from the growth in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (Permian Basin production, and we expect to benefit from that growth within our Permian System and at other assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (experiencing a spillover ef) Tj ET Q q 0 0 0 rg BT 165.04 598.25 Td (fect from Permian Basin growth. In 2019, we expect to continue to expand our Permian System to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (capture higher throughputs and revenues. Outside the Permian Basin, but related to its growth, we expect our existing crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (pipelines, including our ) Tj ET Q q 0 0 0 rg BT 147.03 574.25 Td (W) Tj ET Q q 0 0 0 rg BT 156.06 574.25 Td (ichita Falls, ) Tj ET Q q 0 0 0 rg BT 204.67 574.25 Td (Ardmore and South ) Tj ET Q q 0 0 0 rg BT 285.87 574.25 Td (T) Tj ET Q q 0 0 0 rg BT 291.28 574.25 Td (exas crude systems, to benefit in 2019 from our customers) Tj ET Q q 0 0 0 rg BT 527.15 574.25 Td ( long-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (haul opportunities to transport Permian crude. Our ) Tj ET Q q 0 0 0 rg BT 254.22 562.25 Td (W) Tj ET Q q 0 0 0 rg BT 263.26 562.25 Td (ichita Falls and ) Tj ET Q q 0 0 0 rg BT 326.30 562.25 Td (Ardmore pipelines should benefit from higher revenues as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (we complete connections of those pipelines to Permian production sources. ) Tj ET Q q 0 0 0 rg BT 352.98 550.25 Td (Also, revenues on our South ) Tj ET Q q 0 0 0 rg BT 468.90 550.25 Td (T) Tj ET Q q 0 0 0 rg BT 474.31 550.25 Td (exas Crude System ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (should increase as we complete the construction of a project to connect a portion of that system with new pipelines carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (Permian production bound for export. ) Tj ET Q q 0 0 0 rg BT 203.68 526.25 Td (That project is backed by a customer commitment and is expected to be in service in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (second half of 2019. ) Tj ET Q q 0 0 0 rg BT 133.96 514.25 Td (W) Tj ET Q q 0 0 0 rg BT 142.60 514.25 Td (e also expect our storage facilities in Corpus Christi, ) Tj ET Q q 0 0 0 rg BT 354.59 514.25 Td (T) Tj ET Q q 0 0 0 rg BT 360.00 514.25 Td (exas and St. James, Louisiana to benefit in 2019 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (as pipeline projects to move Permian production come online. Longer term, as Permian Basin production continues to grow and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (exceeds the demand from domestic refiners, we expect those incremental volumes to be exported, most likely from Gulf Coast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (facilities. ) Tj ET Q q 0 0 0 rg BT 89.25 478.25 Td (W) Tj ET Q q 0 0 0 rg BT 97.89 478.25 Td (e believe our Gulf Coast storage facilities are well positioned to benefit from those export opportunities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (In addition to the Permian-related growth, we also expect 2019 results to benefit from a pipeline expansion project to facilitate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (the export of refined products to Northern Mexico and the completion of a number of bio-fuel projects at our ) Tj ET Q q 0 0 0 rg BT 487.74 442.25 Td (W) Tj ET Q q 0 0 0 rg BT 496.38 442.25 Td (est Coast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (terminals in 2018 and 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (While backwardated crude prices in 2019 could have a detrimental impact on some of our storage facilities, we believe we are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (insulated to some extent by our long-term contracts at certain of our facilities where backwardation is a driving factor) Tj ET Q q 0 0 0 rg BT 519.99 394.25 Td (, and due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (to the fact that we have storage assets in markets in which forward pricing has little impact on rates or renewals.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (The severe political, social and economic instability in ) Tj ET Q q 0 0 0 rg BT 270.59 358.25 Td (V) Tj ET Q q 0 0 0 rg BT 276.70 358.25 Td (enezuela in recent years, as well as the sanctions implemented in 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (by the United States and others, have had a negative impact on the ability of Petroleos de ) Tj ET Q q 0 0 0 rg BT 408.61 346.25 Td (V) Tj ET Q q 0 0 0 rg BT 414.72 346.25 Td (enezuela, S.A. \(PDVSA\), a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (customer at our St. Eustatius facility) Tj ET Q q 0 0 0 rg BT 194.88 334.25 Td (, to conduct its operations and to pay its creditors timely) Tj ET Q q 0 0 0 rg BT 418.91 334.25 Td (. On January 28, 2019, the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.25 Td (Department of the ) Tj ET Q q 0 0 0 rg BT 125.07 322.25 Td (T) Tj ET Q q 0 0 0 rg BT 130.83 322.25 Td (reasury) Tj ET Q q 0 0 0 rg BT 163.03 322.25 Td (s Of) Tj ET Q q 0 0 0 rg BT 179.79 322.25 Td (fice of Foreign ) Tj ET Q q 0 0 0 rg BT 241.17 322.25 Td (Assets Control \(OF) Tj ET Q q 0 0 0 rg BT 318.21 322.25 Td (AC\) added PDVSA) Tj ET Q q 0 0 0 rg BT 396.54 322.25 Td ( to its List of Specially Designated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.25 Td (Nationals and Blocked Persons \(the SDN List\). ) Tj ET Q q 0 0 0 rg BT 241.46 310.25 Td (The inclusion of PDVSA) Tj ET Q q 0 0 0 rg BT 341.74 310.25 Td ( on the SDN List prevents us from providing services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (to PDVSA) Tj ET Q q 0 0 0 rg BT 92.51 298.25 Td ( until such time as these sanctions are lifted or otherwise modified. Since January 28, we have taken all necessary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.25 Td (steps to wind down our contracts with PDVSA, in accordance with the requirements of applicable laws, and we are now in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.25 Td (process of marketing the storage capacity no longer leased to PDVSA) Tj ET Q q 0 0 0 rg BT 328.81 274.25 Td ( to other customers. ) Tj ET Q q 0 0 0 rg BT 410.00 274.25 Td (W) Tj ET Q q 0 0 0 rg BT 418.64 274.25 Td (e expect to replace their full ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (position over the next 18 months.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 238.25 Td (Our outlook for the partnership, both overall and for any of our segments, may change, as we base our expectations on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.25 Td (continuing evaluation of a number of factors, many of which are outside our control. ) Tj ET Q q 0 0 0 rg BT 390.83 226.25 Td (These factors include, but are not limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.25 Td (to, the state of the economy and the capital markets, changes to our customers) Tj ET Q q 0 0 0 rg BT 364.43 214.25 Td ( refinery maintenance schedules and unplanned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.25 Td (refinery downtime, crude oil prices, the supply of and demand for crude oil, refined products and anhydrous ammonia, demand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.25 Td (for our transportation and storage services and changes in laws or regulations af) Tj ET Q q 0 0 0 rg BT 369.16 190.25 Td (fecting our assets.) Tj ET Q endstream endobj 109 0 obj <> endobj 110 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (54) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (LIQUIDITY) Tj ET Q q 0 0 0 rg BT 104.09 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 106.04 742.25 Td (AND CAPIT) Tj ET Q q 0 0 0 rg BT 160.57 742.25 Td (AL) Tj ET Q q 0 0 0 rg BT 173.91 742.25 Td ( RESOURCES ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (Overview) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (Our primary cash requirements are for distributions to our partners, debt service, capital expenditures, acquisitions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (operating expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (Our partnership agreement requires that we distribute all A) Tj ET Q q 0 0 0 rg BT 289.73 682.25 Td (vailable Cash to our common limited partners and, prior to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 670.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.85 670.25 Td (, to our general partner each quarter) Tj ET Q q 0 0 0 rg BT 221.27 670.25 Td (. A) Tj ET Q q 0 0 0 rg BT 237.19 670.25 Td (vailable Cash is defined in the partnership agreement generally as cash on hand ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (at the end of the quarter) Tj ET Q q 0 0 0 rg BT 144.83 658.25 Td (, plus certain permitted borrowings made subsequent to the end of the quarter) Tj ET Q q 0 0 0 rg BT 454.07 658.25 Td (, less cash reserves ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (determined by our board of directors, subject to requirements for distributions for our preferred units. ) Tj ET Q q 0 0 0 rg BT 457.76 646.25 Td (The board of directors of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 92.50 634.25 Td (, LLC reset our quarterly distribution per common unit to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.40 634.25 Td ($0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.90 634.25 Td ( \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.73 634.25 Td ($2.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.23 634.25 Td ( on an annualized basis\), starting with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (2018 first-quarter distribution, which was paid on May 14, 2018. ) Tj ET Q q 0 0 0 rg BT 311.35 622.25 Td (As a result of the Mer) Tj ET Q q 0 0 0 rg BT 398.65 622.25 Td (ger) Tj ET Q q 0 0 0 rg BT 411.02 622.25 Td (, our general partner no longer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (receives incentive distributions or quarterly cash distributions from us, and we issued approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.79 610.25 Td (13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.69 610.25 Td ( incremental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 598.25 Td (gy common units in exchange for previously outstanding NSH units. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.63 598.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.63 598.25 Td ( of the Notes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for further discussion regarding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (the Mer) Tj ET Q q 0 0 0 rg BT 81.20 574.25 Td (ger) Tj ET Q q 0 0 0 rg BT 93.41 574.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (Each year) Tj ET Q q 0 0 0 rg BT 89.29 550.25 Td (, our objective is to fund our reliability capital expenditures and distribution requirements with our net cash provided ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (by operating activities during that year) Tj ET Q q 0 0 0 rg BT 204.12 538.25 Td (. If we do not generate suf) Tj ET Q q 0 0 0 rg BT 308.62 538.25 Td (ficient cash from operations to meet that objective, we utilize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (cash on hand or other sources of cash flow) Tj ET Q q 0 0 0 rg BT 219.85 526.25 Td (, which in the past have primarily included borrowings under our revolving credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (agreement, sales of non-strategic assets and, to the extent necessary) Tj ET Q q 0 0 0 rg BT 319.53 514.25 Td (, funds raised through equity or debt of) Tj ET Q q 0 0 0 rg BT 475.42 514.25 Td (ferings. ) Tj ET Q q 0 0 0 rg BT 508.01 514.25 Td (W) Tj ET Q q 0 0 0 rg BT 516.65 514.25 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (typically funded our strategic capital expenditures and acquisitions from external sources, primarily borrowings under our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (revolving credit agreement or funds raised through equity or debt of) Tj ET Q q 0 0 0 rg BT 321.96 490.25 Td (ferings. However) Tj ET Q q 0 0 0 rg BT 390.98 490.25 Td (, our ability to raise funds by issuing debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (or equity depends on many factors beyond our control. Our risk factors in Item1A. Risk Factors describe the risks inherent to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (these sources of funding and the availability thereof.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (During periods when our cash flow from operations is less than our distribution and reliability capital requirements, we may ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (maintain our distribution level because we can use other sources of ) Tj ET Q q 0 0 0 rg BT 320.20 430.25 Td (A) Tj ET Q q 0 0 0 rg BT 326.67 430.25 Td (vailable Cash, as provided in our partnership agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.25 Td (including borrowings under our revolving credit agreement and proceeds from the sales of assets. Our risk factors in Item1A. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (Risk Factors describe the risks inherent in our ability to maintain or grow our distribution.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (For 2019, we expect to generate suf) Tj ET Q q 0 0 0 rg BT 192.83 382.25 Td (ficient cash from operations to exceed our distribution and reliability capital requirements. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (Cash Flows for the ) Tj ET Q q 0 0 0 rg BT 130.95 358.25 Td (Y) Tj ET Q q 0 0 0 rg BT 135.95 358.25 Td (ears Ended ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 184.84 358.25 Td (December31, 2018) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 263.99 358.25 Td (, ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 268.99 358.25 Td (2017) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 288.99 358.25 Td ( and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 309.55 358.25 Td (2016) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 329.55 358.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (The following table summarizes our cash flows from operating, investing and financing activities \(please refer to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.25 Td (Consolidated Statements of Cash Flows in Item8. Financial Statements and Supplementary Data\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 284.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 284.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 284.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 284.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 284.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 284.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 254.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 254.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 254.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 254.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 254.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 254.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 224.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 224.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 224.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 224.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 224.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 224.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 310.75 m 434.5 310.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 310.75 m 438.5 310.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 310.75 m 498.5 310.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 310.75 m 502.5 310.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 310.75 m 562.5 310.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 297.75 m 434.5 297.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 297.75 m 498.5 297.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 297.75 m 562.5 297.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 209.75 m 434.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 209.75 m 498.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 209.75 m 562.5 209.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 195.75 m 434.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 193.75 m 434.5 193.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 195.75 m 498.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 193.75 m 498.5 193.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 195.75 m 562.5 195.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 193.75 m 562.5 193.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 315.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.70 314.98 Td (Y) Tj ET Q q 0 0 0 rg BT 429.03 314.98 Td (ear) Tj ET Q q 0 0 0 rg BT 439.62 314.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 500.35 314.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 302.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.00 301.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 301.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.00 301.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 430.85 289.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 275.32 Td (Net cash provided by \(used in\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 260.32 Td (Operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 259.42 Td (544,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 259.42 Td (406,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 259.42 Td (436,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 245.32 Td (Investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 244.47 Td (\(153,778) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 244.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.30 244.47 Td (\(1,696,441) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 244.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 244.47 Td (\(31) Tj ET Q q 0 0 0 rg BT 536.13 244.47 Td (1,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 244.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 230.32 Td (Financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 229.47 Td (\(399,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 229.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 229.42 Td (1,276,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 229.47 Td (\(21) Tj ET Q q 0 0 0 rg BT 536.13 229.47 Td (1,324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 229.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 215.32 Td (Ef) Tj ET Q q 0 0 0 rg BT 68.26 215.32 Td (fect of foreign exchange rate changes on cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 214.47 Td (\(1,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 214.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 214.42 Td (1,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 214.42 Td (2,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 200.32 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 199.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.80 199.47 Td (\(10,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 199.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 199.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 199.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 472.13 199.47 Td (1,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 199.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 199.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 199.47 Td (\(82,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 199.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.25 Td (Net cash provided by operating activities for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.58 174.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.16 174.25 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.71 174.25 Td ($544.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.60 174.25 Td (, compared to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.81 174.25 Td ($406.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 162.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.35 162.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.94 162.25 Td (, primarily due to changes in working capital. Our working capital decreased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.25 Td ($78.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 150.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.35 150.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.94 150.25 Td (, compared to an increase of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.16 150.25 Td ($26.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.05 150.25 Td ( for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 138.25 Td (. Please refer to the W) Tj ET Q q 0 0 0 rg BT 221.07 138.25 Td (orking Capital Requirements section below for a discussion of the changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (working capital.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.25 Td (For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.19 105.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.78 105.25 Td (, net cash provided by operating activities was used to fund our distributions to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.25 Td (unitholders and our general partner in the aggregate amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.69 93.25 Td ($391.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.58 93.25 Td ( and the cash consideration for the Mer) Tj ET Q q 0 0 0 rg BT 517.73 93.25 Td (ger of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.25 Td ($67.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 81.25 Td (. Net cash provided by operating activities and a portion of the insurance proceeds we received in the first quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.25 Td (of 2018 in settlement of our property damage claim for our St. Eustatius terminal were used to fund reliability capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.25 Td (expenditures of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.42 57.25 Td ($77.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.32 57.25 Td (. ) Tj ET Q q 0 0 0 rg BT 173.13 57.25 Td (The remainder of cash provided by operating activities and proceeds from debt borrowings were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.25 Td (used to fund our strategic capital expenditures, including acquisitions, of $417.8 million. ) Tj ET Q q 0 0 0 rg BT 406.97 45.25 Td (The proceeds from the issuance of ) Tj ET Q endstream endobj 111 0 obj <> endobj 112 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (units and the sale of our European operations and a portion of the insurance proceeds were used to repay outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (borrowings under our revolving credit agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (For the year ended December31, 2017, net cash provided by operating activities, the proceeds from the termination of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 78.98 694.10 Td (T) Tj ET Q q 0 0 0 rg BT 84.39 694.10 Td (erm Loan of $1) Tj ET Q q 0 0 0 rg BT 145.94 694.10 Td (10.0 million and cash on hand were used to fund our distributions to unitholders and our general partner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (in the aggregate amount of $485.1 million and reliability capital expenditures of $57.5 million. Proceeds from our debt and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (equity issuances of approximately $1.5 billion were used to fund the purchase price of the Navigator ) Tj ET Q q 0 0 0 rg BT 454.05 670.10 Td (Acquisition. ) Tj ET Q q 0 0 0 rg BT 505.54 670.10 Td (The proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (from debt borrowings, net of repayments, remaining proceeds from our equity issuances and cash on hand were used to fund ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (our other strategic capital expenditures.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (For the year ended December31, 2016, net cash provided by operating activities primarily was used to fund our distributions to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (unitholders and our general partner in the aggregate amount of $393.0 million and reliability capital expenditures of $38.2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (million. Proceeds from the issuance of common and preferred units and cash on hand were used to fund our strategic capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.10 Td (expenditures, including the Martin ) Tj ET Q q 0 0 0 rg BT 190.62 586.10 Td (T) Tj ET Q q 0 0 0 rg BT 196.03 586.10 Td (erminal ) Tj ET Q q 0 0 0 rg BT 228.52 586.10 Td (Acquisition.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Debt Sources of Liquidity) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 550.10 Td (Revolving Cr) Tj ET Q q 0 0 0 rg BT 102.67 550.10 Td (edit ) Tj ET Q q 0 0 0 rg BT 119.99 550.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 134.61 550.10 Td (eement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 165.43 550.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.93 550.10 Td (On June 29, 2018, NuStar Logistics amended its revolving credit agreement \(the Revolving Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (Agreement\) to exclude the Series D Preferred Units from the definition of Indebtedness. ) Tj ET Q q 0 0 0 rg BT 413.77 538.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 463.67 538.10 Td (, the amendment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (reduced the total amount available for borrowing from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.48 526.10 Td ($1.75 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.59 526.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.37 526.10 Td ($1.575 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.48 526.10 Td (, ef) Tj ET Q q 0 0 0 rg BT 403.07 526.10 Td (fective June 29, 2018, with a further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (reduction to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.54 514.10 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.66 514.10 Td (, ef) Tj ET Q q 0 0 0 rg BT 159.24 514.10 Td (fective December 28, 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.35 514.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 361.50 514.10 Td (Agreement was also amended to, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (things, add a minimum consolidated interest coverage ratio \(as defined in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 431.85 502.10 Td (Agreement\), which must not be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (less than 1.75-to-1.00 for each rolling period of four quarters, beginning with the rolling period ending June 30, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.29 490.10 Td ( ) Tj ET Q q 0 0 0 rg BT 523.24 490.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 478.10 Td (, our consolidated interest coverage ratio was 2.2x.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (On March 28, 2018, NuStar Logistics amended the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 327.73 454.10 Td (Agreement to increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.19 454.10 Td (the maximum allowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (consolidated debt coverage ratio \(as defined in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 324.92 442.10 Td (Agreement\) to 5.25-to-1.00 for the rolling periods ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (June 30, 2018 through December 31, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.02 430.10 Td ( For any rolling periods ending on or after March 31, 2019, the maximum allowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 418.10 Td (consolidated debt coverage ratio may not exceed 5.00-to-1.00. ) Tj ET Q q 0 0 0 rg BT 301.67 418.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 390.83 418.10 Td (Agreement was also amended to, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (other things, provide that the definition of Change in Control in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 401.33 406.10 Td (Agreement excludes the Mer) Tj ET Q q 0 0 0 rg BT 516.93 406.10 Td (ger) Tj ET Q q 0 0 0 rg BT 529.15 406.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (The maximum consolidated debt coverage ratio and minimum consolidated interest coverage ratio requirements may limit the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (amount we can borrow under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 255.51 370.10 Td (Agreement to an amount less than the total amount available for borrowing. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 139.16 358.10 Td (Agreement also contains customary restrictive covenants, such as limitations on indebtedness, liens, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (mer) Tj ET Q q 0 0 0 rg BT 65.37 346.10 Td (gers, asset transfers and certain investing activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.30 346.10 Td ( ) Tj ET Q q 0 0 0 rg BT 272.25 346.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.69 346.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.27 346.10 Td (, our consolidated debt coverage ratio was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (4.05x and we had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.04 334.10 Td ($651.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.93 334.10 Td ( available for borrowing. ) Tj ET Q q 0 0 0 rg BT 283.66 334.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 372.81 334.10 Td (Agreement includes the ability to borrow up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.70 322.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.59 322.10 Td ( in Euros and up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.61 322.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.50 322.10 Td ( in British Pounds Sterling. Obligations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 161.09 310.10 Td (Agreement are guaranteed by NuStar Ener) Tj ET Q q 0 0 0 rg BT 331.11 310.10 Td (gy and NuPOP) Tj ET Q q 0 0 0 rg BT 390.01 310.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td (Letters of credit issued under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 254.95 286.10 Td (Agreement totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.59 286.10 Td ($3.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.48 286.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.64 286.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.22 286.10 Td (. Letters of credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (are limited to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.82 274.10 Td ($400.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.71 274.10 Td ( \(including up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.29 274.10 Td ($25.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.18 274.10 Td ( in Euros and up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.20 274.10 Td ($25.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.09 274.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (in British Pounds Sterling\) and also may restrict the amount we can borrow under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 465.21 262.10 Td (Agreement.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 238.10 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 143.67 238.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 158.30 238.10 Td (eement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.62 238.10 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 241.14 238.10 Td (gy and NuStar Finance LLC \(NuStar Finance\), a special purpose entity and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (wholly owned subsidiary of NuStar Ener) Tj ET Q q 0 0 0 rg BT 213.40 226.10 Td (gy) Tj ET Q q 0 0 0 rg BT 222.75 226.10 Td (, are parties to a $125.0 million receivables financing agreement with third-party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td (lenders \(the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 192.18 214.10 Td (Agreement\) and agreements with certain of NuStar Ener) Tj ET Q q 0 0 0 rg BT 417.74 214.10 Td (gy) Tj ET Q q 0 0 0 rg BT 430.52 214.10 Td (s wholly owned subsidiaries ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (\(collectively with the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 230.22 202.10 Td (Agreement, the Securitization Program\). On September 20, 2017, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 190.10 Td (Securitization Program was amended to add certain of NuStar Ener) Tj ET Q q 0 0 0 rg BT 318.90 190.10 Td (gy) Tj ET Q q 0 0 0 rg BT 331.67 190.10 Td (s wholly owned subsidiaries resulting from the Navigator ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Acquisition and to extend the Securitization Program) Tj ET Q q 0 0 0 rg BT 265.51 178.10 Td (s scheduled termination date from June 15, 2018 to September 20, 2020, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (with the option to renew for additional 364-day periods thereafter) Tj ET Q q 0 0 0 rg BT 311.87 166.10 Td (. On March 28, 2018, the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 507.66 166.10 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td (was amended to change the definition of Change in Control in the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 408.80 154.10 Td (Agreement such that the Mer) Tj ET Q q 0 0 0 rg BT 525.24 154.10 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (would not be a Change in Control for purposes of the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 358.55 142.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 407.79 142.10 Td (The amount of borrowings under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 142.75 130.10 Td (Agreement is limited to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.96 130.10 Td ($125.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.85 130.10 Td (. ) Tj ET Q q 0 0 0 rg BT 303.67 130.10 Td (The amount available for borrowing under the Receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (Financing ) Tj ET Q q 0 0 0 rg BT 91.94 118.10 Td (Agreement is based on the availability of eligible receivables and other customary factors and conditions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.07 118.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (Securitization Program contains various customary af) Tj ET Q q 0 0 0 rg BT 264.48 106.10 Td (firmative and negative covenants and default, indemnification and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (termination provisions, and the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 269.68 94.10 Td (Agreement provides for acceleration of amounts owed upon the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (occurrence of certain specified events.) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (Issuance of ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 97.77 58.10 Td (5.625%) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 128.60 58.10 Td ( Senior Notes. ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 187.49 65.03 175.27 -9.10 re f /GS0 gs q 0 0 0 rg BT 187.49 58.10 Td (On ) Tj ET Q q 0 0 0 rg BT 201.66 58.10 Td (April28, 2017, NuStar Logistics issued ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 362.76 65.03 58.89 -9.10 re f /GS0 gs q 0 0 0 rg BT 362.76 58.10 Td ($550.0 million) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 421.65 65.03 13.33 -9.10 re f /GS0 gs q 0 0 0 rg BT 421.65 58.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 434.98 65.03 30.83 -9.10 re f /GS0 gs q 0 0 0 rg BT 434.98 58.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 465.81 65.03 69.99 -9.10 re f /GS0 gs q 0 0 0 rg BT 465.81 58.10 Td ( senior notes due ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 53.03 58.61 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 46.10 Td (April28, 2027) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 108.61 53.03 119.53 -9.09 re f /GS0 gs q 0 0 0 rg BT 108.61 46.10 Td (. ) Tj ET Q q 0 0 0 rg BT 113.43 46.10 Td (W) Tj ET Q q 0 0 0 rg BT 122.07 46.10 Td (e used the net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 228.13 53.03 58.89 -9.09 re f /GS0 gs q 0 0 0 rg BT 228.13 46.10 Td ($543.3 million) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 287.03 53.03 258.06 -9.09 re f /GS0 gs q 0 0 0 rg BT 287.03 46.10 Td ( from the of) Tj ET Q q 0 0 0 rg BT 334.33 46.10 Td (fering to fund a portion of the purchase price for the ) Tj ET Q endstream endobj 113 0 obj <> endobj 114 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (56) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 749.03 239.09 -9.09 re f /GS0 gs q 0 0 0 rg BT 50.00 742.10 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 91.93 742.10 Td (Acquisition and to pay related fees and expenses.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.09 742.10 Td ( Interest on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.29 742.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.12 742.10 Td ( senior notes is payable semi-annually in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (arrears on ) Tj ET Q q 0 0 0 rg BT 91.65 730.10 Td (April 28 and October 28 of each year beginning on October 28, 2017. ) Tj ET Q q 0 0 0 rg BT 372.77 730.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.82 730.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.65 730.10 Td ( senior notes do not have sinking ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (fund requirements. ) Tj ET Q q 0 0 0 rg BT 127.85 718.10 Td (These notes rank equally with existing senior unsecured indebtedness and senior to existing subordinated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (indebtedness of NuStar Logistics. ) Tj ET Q q 0 0 0 rg BT 187.30 706.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.35 706.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.18 706.10 Td ( senior notes contain restrictions on NuStar Logistics) Tj ET Q q 0 0 0 rg BT 450.67 706.10 Td ( ability to incur secured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (indebtedness unless the same security is also provided for the benefit of holders of the senior notes. In addition, the senior notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (limit NuStar Logistics) Tj ET Q q 0 0 0 rg BT 141.47 682.10 Td ( ability to incur indebtedness secured by certain liens, engage in certain sale-leaseback transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (engage in certain consolidations, mer) Tj ET Q q 0 0 0 rg BT 198.94 670.10 Td (gers or asset sales. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (Other Debt Sour) Tj ET Q q 0 0 0 rg BT 116.29 646.10 Td (ces of Liquidity) Tj ET Q q 0 0 0 rg BT 177.40 646.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.40 646.10 Td (Other sources of liquidity as of December 31, 2018 consist of the following:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 634.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 634.10 Td ($365.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.89 634.10 Td ( in revenue bonds pursuant to the Gulf Opportunity Zone ) Tj ET Q q 0 0 0 rg BT 374.85 634.10 Td (Act of 2005 \(the GoZone Bonds\), with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.61 634.10 Td ($42.9 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 622.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.89 622.10 Td ( remaining in trust as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.65 622.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.23 622.10 Td (, supported by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.67 622.10 Td ($370.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.56 622.10 Td ( in letters of credit; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 610.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 610.10 Td (one short-term line of credit agreement with an uncommitted borrowing capacity of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.89 610.10 Td ($35.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.78 610.10 Td (, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.06 610.10 Td ($18.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 598.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.89 598.10 Td ( of borrowings outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.10 598.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.68 598.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.63 574.10 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.63 574.10 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and Supplementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Data for a discussion of our debt agreements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (LOC ) Tj ET Q q 0 0 0 rg BT 72.13 538.10 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (NuStar Logistics is a party to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.37 526.10 Td ($100.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.26 526.10 Td ( uncommitted letter of credit agreement, which provides for standby letters of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (credit or guarantees with a term of up to one year \(LOC ) Tj ET Q q 0 0 0 rg BT 274.92 514.10 Td (Agreement\). ) Tj ET Q q 0 0 0 rg BT 327.12 514.10 Td (Any letters of credit issued under the LOC ) Tj ET Q q 0 0 0 rg BT 499.31 514.10 Td (Agreement do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.10 Td (not reduce availability under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 253.00 502.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 301.88 502.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.32 502.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.90 502.10 Td (, we had no letters of credit issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.10 Td (under the LOC ) Tj ET Q q 0 0 0 rg BT 111.93 490.10 Td (Agreement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 466.10 Td (Repatriation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 454.10 Td (e may repatriate a portion of undistributed foreign earnings in order to provide greater flexibility to meet cash flow needs. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.10 Td (During the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.63 442.10 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.21 442.10 Td (, we repatriated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.62 442.10 Td ($9.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.52 442.10 Td ( of cash from our foreign subsidiaries. ) Tj ET Q q 0 0 0 rg BT 488.30 442.10 Td (W) Tj ET Q q 0 0 0 rg BT 496.93 442.10 Td (e will continue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (to evaluate our cash flow needs and may repatriate funds from our foreign subsidiaries as a source of liquidity) Tj ET Q q 0 0 0 rg BT 489.21 430.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 406.10 Td (Issuances of Units) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (Series D Pr) Tj ET Q q 0 0 0 rg BT 96.29 394.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 115.36 394.10 Td (ed Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.46 394.10 Td ( On June 29, 2018, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.18 394.10 Td (15,760,441) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.18 394.10 Td ( Series D Preferred Units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.17 394.10 Td ($25.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.67 394.10 Td ( per unit in a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (private placement for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.60 382.10 Td ($370.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.49 382.10 Td (. On July 13, 2018, we issued an additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.47 382.10 Td (7,486,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.47 382.10 Td ( Series D Preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (Units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.14 370.10 Td ($25.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.64 370.10 Td ( per unit in a private placement for net proceeds of $185.1 million. ) Tj ET Q q 0 0 0 rg BT 419.99 370.10 Td (The Series D Preferred Units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (contain various conversion and redemption features. In connection with the issuance, we also entered into a Registration Rights ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (Agreement with the purchasers of the Series D Preferred Units relating to the registration of the Series D Preferred Units and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (the common units issuable upon conversion of the Series D Preferred Units.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (Series C Pr) Tj ET Q q 0 0 0 rg BT 95.74 310.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 114.80 310.10 Td (ed Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.91 310.10 Td ( In the fourth quarter of 2017, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.20 310.10 Td (6,900,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.20 310.10 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.36 310.10 Td (9.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.19 310.10 Td ( Series C Fixed-to-Floating Rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (Cumulative Redeemable Perpetual Preferred Units \(Series C Preferred Units\) representing limited partner interests at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 286.10 Td ($25.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 286.10 Td ( per unit. ) Tj ET Q q 0 0 0 rg BT 115.64 286.10 Td (W) Tj ET Q q 0 0 0 rg BT 124.28 286.10 Td (e used the net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.35 286.10 Td ($166.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.24 286.10 Td ( from the issuance of the Series C Preferred Units for general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 274.10 Td (partnership purposes, including the funding of capital expenditures and repayments of outstanding borrowings under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.10 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 121.11 262.10 Td (Agreement.) Tj ET Q BT /F4 10.00 Tf ET 1 1 1 rg /GS0 gs 50.00 245.04 100.35 -9.10 re f /GS0 gs q 0 0 0 rg BT 50.00 238.10 Td (Series B Pr) Tj ET Q q 0 0 0 rg BT 95.18 238.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 114.24 238.10 Td (ed Units.) Tj ET Q BT /F1 10.00 Tf ET 1 1 1 rg /GS0 gs 150.35 245.03 119.96 -9.10 re f /GS0 gs q 0 0 0 rg BT 150.35 238.10 Td ( In the second quarter of 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.31 238.10 Td (, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.97 238.10 Td (15,400,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.97 238.10 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.13 238.10 Td (7.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.96 238.10 Td ( Series B Fixed-to-Floating Rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 226.10 Td (Cumulative Redeemable Perpetual Preferred Units \(Series B Preferred Units\) representing limited partner interests at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 214.10 Td ($25.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 214.10 Td ( per unit. ) Tj ET Q q 0 0 0 rg BT 115.64 214.10 Td (W) Tj ET Q q 0 0 0 rg BT 124.28 214.10 Td (e used the net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.35 214.10 Td ($371.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.24 214.10 Td ( from the issuance of the Series B Preferred Units to fund a portion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 202.10 Td (of the purchase price for the Navigator ) Tj ET Q q 0 0 0 rg BT 206.88 202.10 Td (Acquisition and to pay related fees and expenses. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 178.10 Td (Series ) Tj ET Q q 0 0 0 rg BT 76.76 178.10 Td (A) Tj ET Q q 0 0 0 rg BT 82.69 178.10 Td ( Pr) Tj ET Q q 0 0 0 rg BT 94.81 178.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 113.88 178.10 Td (ed Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.99 178.10 Td ( In the fourth quarter of 2016, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.28 178.10 Td (9,060,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.28 178.10 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.44 178.10 Td (8.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.27 178.10 Td ( Series ) Tj ET Q q 0 0 0 rg BT 437.16 178.10 Td (A) Tj ET Q q 0 0 0 rg BT 443.83 178.10 Td ( Fixed-to-Floating Rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.10 Td (Cumulative Redeemable Perpetual Preferred Units \(Series ) Tj ET Q q 0 0 0 rg BT 284.93 166.10 Td (A) Tj ET Q q 0 0 0 rg BT 291.60 166.10 Td ( Preferred Units\) representing limited partner interests at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.10 Td ($25.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 154.10 Td ( per unit. ) Tj ET Q q 0 0 0 rg BT 115.64 154.10 Td (W) Tj ET Q q 0 0 0 rg BT 124.28 154.10 Td (e used the net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.35 154.10 Td ($218.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.24 154.10 Td ( from this issuance for general partnership purposes, including the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (funding of capital expenditures and repayments of outstanding borrowings under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 461.86 142.10 Td (Agreement. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 118.10 Td (Common Units. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.28 118.10 Td (As a result of the Mer) Tj ET Q q 0 0 0 rg BT 202.58 118.10 Td (ger) Tj ET Q q 0 0 0 rg BT 214.95 118.10 Td (, in the third quarter of 2018, we issued approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.89 118.10 Td (13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.78 118.10 Td ( incremental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 106.10 Td (gy common units in exchange for the previously outstanding NSH units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (In the second quarter of 2018, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.12 82.10 Td (413,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.62 82.10 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.54 82.10 Td ($24.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.04 82.10 Td ( per unit for total proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.16 82.10 Td ($10.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.05 82.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (including a contribution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.42 70.10 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.32 70.10 Td ( from our general partner to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.81 70.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.14 70.10 Td ( general partner economic interest it owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (at that time.) Tj ET Q endstream endobj 115 0 obj <> endobj 116 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (In the second quarter of 2017, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.12 742.10 Td (14,375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.12 742.10 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.04 742.10 Td ($46.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.54 742.10 Td ( per unit. ) Tj ET Q q 0 0 0 rg BT 436.68 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 445.32 742.10 Td (e used the net proceeds from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (this of) Tj ET Q q 0 0 0 rg BT 75.10 730.10 Td (fering of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.30 730.10 Td ($657.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.20 730.10 Td (, including a contribution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.62 730.10 Td ($13.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.51 730.10 Td ( from our general partner to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 730.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.33 730.10 Td ( general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (partner economic interest it owned at that time, to fund a portion of the purchase price for the Navigator ) Tj ET Q q 0 0 0 rg BT 467.64 718.10 Td (Acquisition. Beginning ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (with the distribution earned for the second quarter of 2017, our general partner did not receive incentive distributions with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (respect to these common units. Our general partner amended and restated our partnership agreement to waive up to an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.36 682.10 Td ($22.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.25 682.10 Td ( of the quarterly incentive distributions to our general partner for any NS common units issued from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (date of the Navigator ) Tj ET Q q 0 0 0 rg BT 136.64 670.10 Td (Acquisition agreement \(other than those attributable to NS common units issued under any equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (compensation plan\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.10 Td (In the third quarter of 2016, we issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.24 634.10 Td (595,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.74 634.10 Td (common units at an average price of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.24 634.10 Td ($47.39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.74 634.10 Td (per unit for proceeds of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.59 634.10 Td ($28.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 622.10 Td (, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 622.10 Td ($0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.33 622.10 Td ( of issuance costs. ) Tj ET Q q 0 0 0 rg BT 232.86 622.10 Td (W) Tj ET Q q 0 0 0 rg BT 241.49 622.10 Td (e used these proceeds, which include a contribution of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.87 622.10 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.76 622.10 Td (from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.10 Td (general partner to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.22 610.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.55 610.10 Td ( general partner economic interest it owned at that time, for general partnership purposes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (including repayments of outstanding borrowings under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 358.01 598.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.10 Td (Please see Notes 19 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.58 574.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.58 574.10 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.10 Td (Supplementary Data for additional information on these issuances.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 538.10 Td (Capital Requirements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.10 Td (Our operations require significant investments to maintain, upgrade or enhance the operating capacity of our existing assets. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 514.10 Td (Our capital expenditures consist of:) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 502.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 502.10 Td (strategic capital expenditures, such as those to expand or upgrade the operating capacity) Tj ET Q q 0 0 0 rg BT 437.72 502.10 Td (, increase ef) Tj ET Q q 0 0 0 rg BT 485.56 502.10 Td (ficiency or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 490.10 Td (increase the earnings potential of existing assets, whether through construction or acquisition, as well as certain capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 478.10 Td (expenditures related to support functions; and ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 68.00 466.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 466.10 Td (reliability capital expenditures, such as those required to maintain the current operating capacity of existing assets or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 454.10 Td (extend their useful lives, as well as those required to maintain equipment reliability and safety) Tj ET Q q 0 0 0 rg BT 461.63 454.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.10 Td (The following table summarizes our capital expenditures for the past three years, and the amount we expect to spend in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.57 430.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.57 430.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 372.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 372.60 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 372.60 91.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 372.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 372.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 372.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 342.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 342.60 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 342.60 91.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 342.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 342.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 342.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 312.60 140.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 189.50 312.60 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 278.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 282.50 312.60 91.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 377.50 312.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 467.50 312.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 312.60 90.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 189.5 406.6 m 278.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 278.5 406.6 m 282.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 406.6 m 373.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 189.5 385.6 m 278.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 406.6 m 373.5 406.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 282.5 385.6 m 373.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 377.5 385.6 m 467.5 385.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 471.5 385.6 m 561.5 385.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.65 410.83 Td (Strategic) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 212.35 389.83 Td (Acquisitions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.00 389.83 Td (Capital Expenditur) Tj ET Q q 0 0 0 rg BT 357.38 389.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.55 397.83 Td (Reliability Capital) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 399.15 389.83 Td (Expenditur) Tj ET Q q 0 0 0 rg BT 438.13 389.83 Td (es) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.25 389.83 Td (T) Tj ET Q q 0 0 0 rg BT 511.85 389.83 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 337.85 376.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 9.25 Tf ET q 0 0 0 rg BT 52.00 362.14 Td (For) Tj ET Q q 0 0 0 rg BT 66.21 362.14 Td ( the year) Tj ET Q q 0 0 0 rg BT 100.46 362.14 Td ( ended December) Tj ET Q q 0 0 0 rg BT 168.62 362.14 Td ( 31:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 347.27 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 347.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.15 347.27 Td (37,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 347.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 347.27 Td (380,298) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 347.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 347.27 Td (77,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.00 347.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 347.27 Td (494,954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 332.27 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.65 332.27 Td (1,461,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 332.27 Td (327,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 332.27 Td (57,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.00 332.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 332.27 Td (1,846,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 317.27 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.00 317.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.15 317.27 Td (95,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.00 317.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 317.27 Td (166,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 317.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.15 317.27 Td (38,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.00 317.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 317.27 Td (300,015) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.00 288.05 Td (Expected for) Tj ET Q q 0 0 0 rg BT 101.07 288.05 Td ( the year) Tj ET Q q 0 0 0 rg BT 134.40 288.05 Td ( ended) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 61.00 279.05 Td (December) Tj ET Q q 0 0 0 rg BT 99.81 279.05 Td ( 31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.65 279.27 Td ($ 500,000 - 550,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.65 279.27 Td ($ 70,000 - 90,000) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.10 Td (Other strategic capital expenditures for 2018 mainly consisted of pipeline expansions on our Permian Crude System, projects at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.10 Td (our St. Eustatius terminal and a terminal expansion project at our Linden terminal, while other strategic capital expenditures for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.10 Td (2016 and 2017 mainly consisted of terminal expansions. Reliability capital expenditures primarily related to maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (upgrade projects at our terminals, including costs to repair the property damage at our St. Eustatius terminal facility) Tj ET Q q 0 0 0 rg BT 511.72 215.10 Td (, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.71 203.10 Td ($34.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.60 203.10 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.38 203.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.38 203.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.10 Td (For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.19 179.10 Td (December31, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.78 179.10 Td (, we expect a significant portion of our strategic capital spending to relate to our Permian ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.10 Td (Crude System, Northern Mexico refined products supply projects and an export project to connect our Corpus Christi North ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.10 Td (Beach terminal to long-haul pipelines transporting crude oil from the Permian Basin. ) Tj ET Q q 0 0 0 rg BT 391.68 155.10 Td (W) Tj ET Q q 0 0 0 rg BT 400.32 155.10 Td (e expect a significant portion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.10 Td (reliability capital spending to relate to hurricane damage repairs at our St. Eustatius terminal facility) Tj ET Q q 0 0 0 rg BT 449.49 143.10 Td (, which includes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 131.10 Td (approximately $35.0 million that will be funded with insurance proceeds already received, and completion of our ) Tj ET Q q 0 0 0 rg BT 504.86 131.10 Td (Ammonia ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 119.10 Td (Pipeline replacement project. ) Tj ET Q q 0 0 0 rg BT 169.21 119.10 Td (W) Tj ET Q q 0 0 0 rg BT 177.85 119.10 Td (e continue to evaluate our capital budget and make changes as economic conditions warrant, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 107.10 Td (and our actual capital expenditures for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.04 107.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.04 107.10 Td ( may increase or decrease from the budgeted amounts. ) Tj ET Q q 0 0 0 rg BT 445.78 107.10 Td (W) Tj ET Q q 0 0 0 rg BT 454.41 107.10 Td (e believe cash on hand, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 95.10 Td (combined with the sources of liquidity previously described, will be suf) Tj ET Q q 0 0 0 rg BT 336.71 95.10 Td (ficient to fund our capital expenditures in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.71 95.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.71 95.10 Td (, and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 83.10 Td (internal growth projects can be accelerated or scaled back depending on market conditions or customer demand. ) Tj ET Q endstream endobj 117 0 obj <> endobj 118 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (58) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.15 742.25 Td (orking Capital Requirements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 730.25 Td (orking capital requirements are mainly af) Tj ET Q q 0 0 0 rg BT 223.67 730.25 Td (fected by our accounts receivable and accounts payable balances, which vary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (depending on the timing of payments. Our accounts receivable and accounts payable balances related to our bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (operations were af) Tj ET Q q 0 0 0 rg BT 123.67 706.25 Td (fected by the temporary shutdown of our St. Eustatius terminal in September of 2017. Changes in our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (accounts receivable, accounts payable and inventory balances were also af) Tj ET Q q 0 0 0 rg BT 347.46 694.25 Td (fected by our exit from our heavy fuels trading and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (crude oil marketing operations in 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (During the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.63 658.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.21 658.25 Td (, accrued liabilities increased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.77 658.25 Td ($39.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.66 658.25 Td (, mainly due to the recognition of a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (contract liability associated with a non-refundable one-time payment of storage fees from a customer) Tj ET Q q 0 0 0 rg BT 453.47 646.25 Td (. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.10 646.25 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.10 646.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (the Notes to Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (information. ) Tj ET Q q 0 0 0 rg BT 101.66 622.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 151.56 622.25 Td (, accounts receivable decreased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.54 622.25 Td ($22.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.43 622.25 Td (, mainly due to the sale of our European operations in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (the fourth quarter of 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 586.25 Td (During the year ended December31, 2017, accounts payable decreased $30.4 million and inventories decreased $1) Tj ET Q q 0 0 0 rg BT 510.01 586.25 Td (1.9 million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (primarily due to our exit from our heavy fuels trading and crude oil marketing operations in 2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (During the year ended December31, 2016, accounts receivable increased $23.2 million and accounts payable increased $14.1 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (million, primarily due to the timing of payments related to our bunker fuel operations and crude oil trading activity) Tj ET Q q 0 0 0 rg BT 508.96 538.25 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 514.25 Td (Axeon T) Tj ET Q q 0 0 0 rg BT 84.36 514.25 Td (erm Loan and Credit Support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 502.25 Td (On February 22, 2017, we settled and terminated the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.00 502.25 Td ($190.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.89 502.25 Td ( ) Tj ET Q q 0 0 0 rg BT 323.84 502.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 352.82 502.25 Td (T) Tj ET Q q 0 0 0 rg BT 358.23 502.25 Td (erm Loan, pursuant to which we also provided ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 490.25 Td (credit support, such as guarantees, letters of credit and cash collateral, as applicable, of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.64 490.25 Td ($125.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.53 490.25 Td ( to ) Tj ET Q q 0 0 0 rg BT 493.75 490.25 Td (Axeon. ) Tj ET Q q 0 0 0 rg BT 525.23 490.25 Td (W) Tj ET Q q 0 0 0 rg BT 533.87 490.25 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.36 478.25 Td ($1) Tj ET Q q 0 0 0 rg BT 95.99 478.25 Td (10.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.88 478.25 Td ( in settlement of the ) Tj ET Q q 0 0 0 rg BT 226.25 478.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 255.23 478.25 Td (T) Tj ET Q q 0 0 0 rg BT 260.64 478.25 Td (erm Loan, and our obligation to provide ongoing credit support to ) Tj ET Q q 0 0 0 rg BT 526.15 478.25 Td (Axeon ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 466.25 Td (ceased. In 2016, we recognized an impairment char) Tj ET Q q 0 0 0 rg BT 255.56 466.25 Td (ge on the ) Tj ET Q q 0 0 0 rg BT 294.17 466.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 323.14 466.25 Td (T) Tj ET Q q 0 0 0 rg BT 328.55 466.25 Td (erm Loan of $58.7 million which is included in Other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 454.25 Td (income \(expense\), net in the consolidated statements of income. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.60 454.25 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.60 454.25 Td ( of the Notes to Consolidated Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 442.25 Td (Statements in Item 8. Financial Statements and Supplementary Data for additional information on the ) Tj ET Q q 0 0 0 rg BT 466.84 442.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 495.82 442.25 Td (T) Tj ET Q q 0 0 0 rg BT 501.23 442.25 Td (erm Loan and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 430.25 Td (related credit support.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 406.25 Td (Defined Benefit Plans Funding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.25 Td (During) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.83 394.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 100.83 394.25 Td (, we contributed) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.03 394.25 Td ($1) Tj ET Q q 0 0 0 rg BT 177.66 394.25 Td (1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 221.55 394.25 Td (to our pension and postretirement benefit plans. ) Tj ET Q q 0 0 0 rg BT 417.16 394.25 Td (W) Tj ET Q q 0 0 0 rg BT 425.80 394.25 Td (e expect to contribute ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.25 Td (approximately) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 382.25 Td ($1) Tj ET Q q 0 0 0 rg BT 119.89 382.25 Td (1.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.78 382.25 Td (to our pension and postretirement benefit plans in) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.34 382.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.34 382.25 Td (, which principally represents contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.25 Td (either required by regulations or laws or) Tj ET Q q 0 0 0 rg BT 210.10 370.25 Td (, with respect to unfunded plans, necessary to fund current benefits. Pension and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.25 Td (postretirement benefit plans funding beyond) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 229.68 358.25 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.68 358.25 Td (is uncertain as the funding varies from year to year based upon changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.25 Td (the fair value of the plan assets and actuarial assumptions. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 320.25 Td (Distributions) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 308.25 Td (General Partner and Common Limited Partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.05 308.25 Td (. Pursuant to the terms of our partnership agreement, prior to the Mer) Tj ET Q q 0 0 0 rg BT 519.46 308.25 Td (ger) Tj ET Q q 0 0 0 rg BT 531.83 308.25 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 296.25 Td (general partner received a 2% distribution with respect to its general partner economic interest it owned at that time. ) Tj ET Q q 0 0 0 rg BT 516.87 296.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 284.25 Td (general partner was also entitled to incentive distributions if the amount we distributed with respect to any quarter exceeded ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td ($0.60 per unit. For the first quarter of 2018, the general partner did not receive incentive distributions because the distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.25 Td (declared was $0.60 per common unit, which was below the amount necessary to receive incentive distributions. Because the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 248.25 Td (ger was ef) Tj ET Q q 0 0 0 rg BT 107.39 248.25 Td (fective prior to the record date for the distribution for the second quarter of 2018, the general partner received no ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.25 Td (distributions after the first quarter distribution. Beginning with the second quarter of 2018, the common limited partners) Tj ET Q q 0 0 0 rg BT 532.49 236.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.25 Td (distribution includes the additional common units issued in exchange for previously outstanding NSH units because the Mer) Tj ET Q q 0 0 0 rg BT 546.96 224.25 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.25 Td (closed prior to the common unit distribution record date for the second quarter of 2018. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.76 212.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.76 212.25 Td ( of the Notes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.25 Td (Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for further discussion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 188.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.70 188.25 Td (. For a discussion of the incentive distribution tar) Tj ET Q q 0 0 0 rg BT 274.87 188.25 Td (gets prior to the Mer) Tj ET Q q 0 0 0 rg BT 356.89 188.25 Td (ger) Tj ET Q q 0 0 0 rg BT 369.26 188.25 Td (, please read Note 20 of the Notes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.25 Td (Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data.) Tj ET Q endstream endobj 119 0 obj <> endobj 120 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (The following table reflects the allocation of total cash distributions to the general partner and common limited partners ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (applicable to the period in which the distributions were earned:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 680.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 680.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 680.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 680.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 680.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 680.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 650.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 650.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 650.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 650.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 650.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 650.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 620.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 620.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 620.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 620.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 590.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 590.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 590.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 590.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 590.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 590.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 706.6 m 414.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 706.6 m 418.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 706.6 m 488.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 706.6 m 492.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 706.6 m 562.5 706.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 693.6 m 414.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 693.6 m 488.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 693.6 m 562.5 693.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 650.6 m 414.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 650.6 m 488.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 650.6 m 562.5 650.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 620.6 m 414.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 620.6 m 488.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 620.6 m 562.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 606.6 m 414.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 604.6 m 414.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 606.6 m 488.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 604.6 m 488.5 604.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 606.6 m 562.5 606.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 604.6 m 562.5 604.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 710.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 710.83 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 710.83 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 710.83 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 485.35 710.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 697.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 697.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 697.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 697.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 684.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.75 684.85 Td (\(ThousandsofDollars,ExceptPerUnitData\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 671.17 Td (General partner interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 670.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 670.27 Td (1,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 670.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 670.27 Td (9,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 670.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 670.27 Td (7,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 656.17 Td (General partner incentive distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 655.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 655.27 Td (45,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 655.27 Td (43,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 641.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 641.17 Td (otal general partner distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 640.27 Td (1,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 640.27 Td (54,921) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 640.27 Td (51,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 626.17 Td (Common limited partners) Tj ET Q q 0 0 0 rg BT 158.72 626.17 Td ( distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 625.27 Td (248,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 625.27 Td (407,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 625.27 Td (342,598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 611.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 611.17 Td (otal cash distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 610.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 610.27 Td (249,846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 610.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 610.27 Td (462,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 610.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 610.27 Td (393,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 581.17 Td (Cash distributions per unit applicable to common limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 580.27 Td (2.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 580.27 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 580.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 580.27 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 552.10 Td (Distribution payments are made to our common limited partners and, prior to the Mer) Tj ET Q q 0 0 0 rg BT 392.51 552.10 Td (ger) Tj ET Q q 0 0 0 rg BT 404.88 552.10 Td (, were made to our general partner) Tj ET Q q 0 0 0 rg BT 541.91 552.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (within 45days after the end of each quarter as of a record date that is set after the end of each quarter) Tj ET Q q 0 0 0 rg BT 454.26 540.10 Td (. ) Tj ET Q q 0 0 0 rg BT 459.08 540.10 Td (The following table ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (summarizes information about quarterly cash distributions to our common limited partners and, prior to the Mer) Tj ET Q q 0 0 0 rg BT 498.05 528.10 Td (ger) Tj ET Q q 0 0 0 rg BT 510.42 528.10 Td (, our general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.10 Td (partner:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 463.60 174.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 463.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.50 463.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 463.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 463.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 463.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 463.60 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 463.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 463.60 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 433.60 174.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 223.50 433.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 227.50 433.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 287.50 433.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 433.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.50 433.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 433.60 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.50 433.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.50 433.60 87.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 476.6 m 223.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 227.5 476.6 m 287.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 476.6 m 379.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383.5 476.6 m 470.5 476.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474.5 476.6 m 561.5 476.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 109.95 480.83 Td (Quarter) Tj ET Q q 0 0 0 rg BT 137.87 480.83 Td ( Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.30 496.83 Td (Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 234.55 488.83 Td (Distributions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.50 480.83 Td (Per) Tj ET Q q 0 0 0 rg BT 254.42 480.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.55 488.83 Td (T) Tj ET Q q 0 0 0 rg BT 321.52 488.83 Td (otal Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.55 480.83 Td (Distributions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 405.05 480.83 Td (Record Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.35 480.83 Td (Payment Date) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 297.85 467.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 453.27 Td (December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 453.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 453.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 453.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 453.27 Td (64,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.20 453.27 Td (February 8, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.70 453.27 Td (February 13, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 438.27 Td (September 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 438.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 438.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 438.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 438.27 Td (64,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.10 438.27 Td (November 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.60 438.27 Td (November 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 423.27 Td (June 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 423.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 423.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 423.27 Td (64,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.80 423.27 Td (August 7, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.30 423.27 Td (August 13, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 408.27 Td (March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.00 408.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 408.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 408.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 408.27 Td (57,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.05 408.27 Td (May 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.55 408.27 Td (May 14, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 380.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 380.10 Td (eferr) Tj ET Q q 0 0 0 rg BT 78.70 380.10 Td (ed Units. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 117.30 380.10 Td (The following table provides the terms related to distributions for our Series ) Tj ET Q q 0 0 0 rg BT 423.91 380.10 Td (A, Series B and Series C Fixed-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.10 Td (to-Floating Rate Cumulative Redeemable Perpetual Preferred Units:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 290.60 104.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 290.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 157.50 290.60 83.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.50 290.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 290.60 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 290.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 290.60 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 290.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 290.60 87.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 290.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 290.60 101.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 240.60 104.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 240.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 157.50 240.60 83.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.50 240.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 244.50 240.60 62.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 306.50 240.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 310.50 240.60 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.50 240.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.50 240.60 87.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.50 240.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.50 240.60 101.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 311.6 m 153.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 157.5 311.6 m 240.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 244.5 311.6 m 306.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 311.6 m 365.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369.5 311.6 m 456.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460.5 311.6 m 561.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 310.5 311.6 m 365.5 311.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 91.85 315.83 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 167.05 347.83 Td (Fixed Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 161.00 339.83 Td (Rate Per) Tj ET Q q 0 0 0 rg BT 190.91 339.83 Td ( ) Tj ET Q q 0 0 0 rg BT 192.62 339.83 Td (Annum \(as a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 169.00 331.83 Td (Per) Tj ET Q q 0 0 0 rg BT 180.92 331.83 Td (centage of the) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 166.25 323.83 Td ($25.00 Liquidation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 163.40 315.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 171.77 315.83 Td (efer) Tj ET Q q 0 0 0 rg BT 184.94 315.83 Td (ence Per) Tj ET Q q 0 0 0 rg BT 213.88 315.83 Td ( Unit\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.40 339.83 Td (Fixed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.10 331.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 251.50 323.83 Td (Rate Per) Tj ET Q q 0 0 0 rg BT 281.41 323.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.40 315.83 Td (Per) Tj ET Q q 0 0 0 rg BT 267.32 315.83 Td ( ) Tj ET Q q 0 0 0 rg BT 269.02 315.83 Td (Annum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 327.90 331.83 Td (Fixed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.60 323.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.90 315.83 Td (Per) Tj ET Q q 0 0 0 rg BT 329.82 315.83 Td ( ) Tj ET Q q 0 0 0 rg BT 331.52 315.83 Td (Annum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.45 339.83 Td (Optional Redemption) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.80 331.83 Td (Date/Date at ) Tj ET Q q 0 0 0 rg BT 423.53 331.83 Td (Which) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.60 323.83 Td (Distribution Rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.35 315.83 Td (Becomes Floating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.90 339.83 Td (Floating ) Tj ET Q q 0 0 0 rg BT 494.90 339.83 Td (Annual Rate \(as a ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 481.00 331.83 Td (Per) Tj ET Q q 0 0 0 rg BT 492.84 331.83 Td (centage of the ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 478.25 323.83 Td ($25.00 Liquidation ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.40 315.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 483.69 315.83 Td (efer) Tj ET Q q 0 0 0 rg BT 496.86 315.83 Td (ence Per) Tj ET Q q 0 0 0 rg BT 525.81 315.83 Td ( Unit\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 314.50 302.85 Td (\(Thousands of) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 324.35 294.85 Td (Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 270.27 Td (Series ) Tj ET Q q 0 0 0 rg BT 78.66 270.27 Td (A) Tj ET Q q 0 0 0 rg BT 85.33 270.27 Td ( Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.15 270.27 Td (8.50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 270.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 280.15 270.27 Td (2.125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 270.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 270.27 Td (19,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 270.27 Td (December 15, 2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 281.17 Td (Three-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 271.17 Td (plus 6.766%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 245.27 Td (Series B Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.15 245.27 Td (7.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 245.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.15 245.27 Td (1.90625) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 245.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 245.27 Td (29,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 245.27 Td (June 15, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 256.17 Td (Three-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 246.17 Td (plus 5.643%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 220.27 Td (Series C Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.15 220.27 Td (9.00%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.00 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 220.27 Td (2.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.00 220.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.15 220.27 Td (15,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.00 220.27 Td (December 15, 2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 231.17 Td (Three-month LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.00 221.17 Td (plus 6.88%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (As discussed above, in June and July of 2018, we issued an aggregate of 23,246,650 Series D Preferred Units. ) Tj ET Q q 0 0 0 rg BT 492.50 192.10 Td (The distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (rate on the Series D Preferred Units is: \(i\) 9.75% per annum \($57.6 million\) for the first two years; \(ii\) 10.75% per annum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (\($63.4 million\) for years three through five; and \(iii\) the greater of 13.75% per annum \($81.1 million\) or the distribution per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 156.10 Td (common unit thereafter) Tj ET Q q 0 0 0 rg BT 143.30 156.10 Td (. ) Tj ET Q q 0 0 0 rg BT 148.12 156.10 Td (While the Series D Preferred Units are outstanding, the Partnership will be prohibited from paying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 144.10 Td (distributions on any junior securities, including the common units, unless full cumulative distributions on the Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 132.10 Td (Preferred Units \(and any parity securities\) have been, or contemporaneously are being, paid or set aside for payment through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.10 Td (the most recent Series D Preferred Unit distribution payment date. For the four distribution periods beginning with the initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.10 Td (Series D Preferred Unit distribution, the Series D Preferred Unit distributions may be paid, in the Partnership) Tj ET Q q 0 0 0 rg BT 488.80 108.10 Td (s sole discretion, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 96.10 Td (in \(i\) cash or \(ii\) a combination of additional Series D Preferred Units and cash, provided that up to 50% of the distribution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (amount may be paid in additional Series D Preferred Units. ) Tj ET Q q 0 0 0 rg BT 289.48 84.10 Td (Thereafter) Tj ET Q q 0 0 0 rg BT 330.71 84.10 Td (, any Series D Preferred Unit distributions in excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.10 Td ($0.635 may be paid, in the Partnership) Tj ET Q q 0 0 0 rg BT 207.19 72.10 Td (s sole discretion, in additional Series D Preferred Units, with the remainder paid in cash. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (If we fail to pay in full any Series D Preferred Unit distribution amount, then, until we pay such distributions in full, the ) Tj ET Q endstream endobj 121 0 obj <> endobj 122 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (applicable distribution rate for those distribution periods shall be increased by $0.048 per Series D Preferred Unit. ) Tj ET Q q 0 0 0 rg BT 508.31 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 516.95 742.10 Td (e would ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (also be subject to other requirements. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.10 Td (Distributions on our preferred units are payable out of any legally available funds, accrue and are cumulative from the original ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (issuance dates, and are payable on the 15th day \(or next business day\) of each of March, June, September and December of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (each year to holders of record on the first business day of each payment month. Please see Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.04 682.10 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.04 682.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.48 682.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.48 682.10 Td ( of the Notes to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (Consolidated Financial Statements in Item 8. Financial Statements and Supplementary Data for additional information.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 647.30 Td (Debt Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.30 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.44 635.30 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 635.30 Td (, we were a party to the following debt agreements:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 620.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 620.30 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 157.11 620.30 Td (Agreement due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.97 620.30 Td (October29, 2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.68 620.30 Td (, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.96 620.30 Td ($745.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 374.85 620.30 Td ( of borrowings outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 608.30 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.58 608.30 Td (;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 593.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 593.30 Td (4.80% senior notes due September 1, 2020 with a face value of $450.0 million; 6.75% senior notes due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.91 593.30 Td (February1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 581.30 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.00 581.30 Td ( with a face value of $300.0 million; 4.75% senior notes due February1, 2022 with a face value of $250.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 569.30 Td (million; 5.625% senior notes due ) Tj ET Q q 0 0 0 rg BT 220.43 569.30 Td (April 28, 2027 with a face value of $550.0 million; and subordinated notes due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 557.30 Td (January 15, 2043 with a face value of $402.5 million and a floating interest rate;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 542.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 542.30 Td ($365.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.89 542.30 Td ( in GoZone Bonds due from 2038 to 2041;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 527.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 527.30 Td (Line of credit agreement with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 207.34 527.30 Td ($18.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.23 527.30 Td ( of borrowings outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.44 527.30 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.02 527.30 Td (; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 512.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 512.30 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 178.75 512.30 Td (Agreement due September 20, 2020, with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.16 512.30 Td ($61.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.05 512.30 Td ( of borrowings outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 500.30 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.58 500.30 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 476.30 Td (e repaid our $350.0 million of 7.65% senior notes due ) Tj ET Q q 0 0 0 rg BT 276.38 476.30 Td (April 15, 2018 with borrowings under our Revolving Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.30 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.30 Td (Ef) Tj ET Q q 0 0 0 rg BT 59.26 440.30 Td (fective January 15, 2018, the interest rate on NuStar Logistics) Tj ET Q q 0 0 0 rg BT 309.28 440.30 Td ( $402.5 million of fixed-to-floating rate subordinated notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.30 Td (due January15, 2043 switched from a fixed annual rate of 7.625%, payable quarterly in arrears, to an annual rate equal to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 416.30 Td (sum of the three-month LIBOR for the related quarterly interest period, plus 6.734% payable quarterly) Tj ET Q q 0 0 0 rg BT 459.78 416.30 Td (, commencing with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.30 Td (interest payment due ) Tj ET Q q 0 0 0 rg BT 135.25 404.30 Td (April 15, 2018. ) Tj ET Q q 0 0 0 rg BT 198.31 404.30 Td (As of December 31, 2018, the interest rate was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.53 404.30 Td (9.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.36 404.30 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.30 Td (Management believes that, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.62 383.30 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.21 383.30 Td (, we are in compliance with the ratios and covenants contained in our debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.30 Td (instruments. ) Tj ET Q q 0 0 0 rg BT 101.11 371.30 Td (A) Tj ET Q q 0 0 0 rg BT 107.78 371.30 Td ( default under certain of our debt agreements would be considered an event of default under other of our debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.30 Td (instruments. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.30 359.30 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.30 359.30 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.30 Td (Supplementary Data for a discussion of our debt agreements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 321.30 Td (Credit Ratings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 309.30 Td (The following table reflects the current outlook and ratings that have been assigned to our debt as of December 31, 2018:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 273.80 270.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 320.50 273.80 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 398.50 273.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.50 273.80 78.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 273.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 484.50 273.80 78.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 320.5 273.79999999999995 m 398.5 273.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 402.5 273.79999999999995 m 480.5 273.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 484.5 273.79999999999995 m 562.5 273.79999999999995 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 278.05 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 351.20 286.03 Td (S&P) Tj ET Q q 0 0 0 rg BT 366.76 286.03 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 333.30 278.03 Td (Global Ratings) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.10 286.03 Td (Moody) Tj ET Q q 0 0 0 rg BT 437.47 286.03 Td (s Investor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.00 278.03 Td (Service Inc.) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 505.55 278.03 Td (Fitch, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 264.37 Td (Ratings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.30 263.47 Td (BB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.90 263.47 Td (Ba2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 516.30 263.47 Td (BB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 249.37 Td (Outlook) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.95 248.47 Td (Negative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.95 248.47 Td (Negative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.95 248.47 Td (Negative) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.30 Td (The interest rate payable on the $350.0 million of 7.65% senior notes due 2018 \(the 7.65% Senior Notes\) was \(prior to its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.30 Td (repayment in ) Tj ET Q q 0 0 0 rg BT 104.43 211.30 Td (April 2018\), and the interest rate payable on the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 369.36 211.30 Td (Agreement is, subject to adjustment if our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 199.30 Td (credit rating is downgraded \(or upgraded\) by certain credit rating agencies. In February 2018, Moody) Tj ET Q q 0 0 0 rg BT 458.20 199.30 Td (s Investor Service Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 187.30 Td (\(Moody) Tj ET Q q 0 0 0 rg BT 85.00 187.30 Td (s\) lowered our credit rating from Ba1 to Ba2, which caused the interest rate on the 7.65% Senior Notes to increase by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 175.30 Td (0.25%, resulting in an interest rate of 8.65% applicable to the interest payment due ) Tj ET Q q 0 0 0 rg BT 382.96 175.30 Td (April 15, 2018. ) Tj ET Q q 0 0 0 rg BT 446.39 175.30 Td (This Moody) Tj ET Q q 0 0 0 rg BT 498.33 175.30 Td (s downgrade ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.30 Td (also caused the interest rate on our Revolving Credit ) Tj ET Q q 0 0 0 rg BT 261.89 163.30 Td (Agreement to increase by 0.25%. In March 2018, Fitch, Inc. changed our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 151.30 Td (outlook from stable to negative, which did not impact interest rates on the 7.65% Senior Notes or the Revolving Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.30 Td (Agreement.) Tj ET Q endstream endobj 123 0 obj <> endobj 124 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (61) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (Interest Rate Swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.44 730.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 730.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.47 730.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 192.47 730.25 Td (, we were a party to forward-starting interest rate swap agreements for the purpose of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (hedging interest rate risk. ) Tj ET Q q 0 0 0 rg BT 153.58 718.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.03 718.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 256.61 718.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.05 718.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.05 718.25 Td (, the aggregate notional amount of these forward-starting interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (rate swaps was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.48 706.25 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.37 706.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.81 706.25 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.70 706.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 302.36 706.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.36 706.25 Td (In connection with the ) Tj ET Q q 0 0 0 rg BT 399.01 706.25 Td (April 2018 maturity of the 7.65% Senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (Notes, we terminated forward-starting interest rate swap agreements with an aggregate notional amount of $350.0 million and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (received $8.0 million.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 137.75 682.25 Td ( Please refer to Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.78 682.25 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.78 682.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.21 682.25 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.21 682.25 Td ( of the Notes to Consolidated Financial Statements in Item 8. Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (Statements and Supplementary Data and Item 7A. Quantitative and Qualitative Disclosures about Market Risk for a more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (detailed discussion of our interest rate swaps.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 632.25 Td (Long-T) Tj ET Q q 0 0 0 rg BT 80.19 632.25 Td (erm Contractual Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 620.25 Td (The following table presents our long-term contractual obligations and commitments and the related payments due, in total and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.25 Td (by period, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.71 608.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.29 608.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.75 123.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 173.50 550.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.50 550.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 550.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 550.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 550.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 550.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 550.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 520.75 123.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 173.50 520.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.50 520.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 520.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 520.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 520.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 520.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 520.75 56.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 490.75 123.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 173.50 490.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.50 490.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 279.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 283.50 490.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 334.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 490.75 51.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 490.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 443.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 447.50 490.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 490.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 490.75 56.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 584.75 m 224.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 224.5 584.75 m 228.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 584.75 m 279.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 279.5 584.75 m 283.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 584.75 m 334.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 334.5 584.75 m 338.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 584.75 m 389.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 584.75 m 393.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 584.75 m 443.5 584.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 563.75 m 224.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 563.75 m 279.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 563.75 m 334.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 563.75 m 389.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 563.75 m 443.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 563.75 m 502.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 563.75 m 562.5 563.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 490.75 m 224.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 476.75 m 224.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 173.5 474.75 m 224.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 490.75 m 279.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 476.75 m 279.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 474.75 m 279.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 490.75 m 334.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 476.75 m 334.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 283.5 474.75 m 334.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 490.75 m 389.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 476.75 m 389.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 474.75 m 389.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 490.75 m 443.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 476.75 m 443.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 474.75 m 443.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 490.75 m 502.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 476.75 m 502.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 447.5 474.75 m 502.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 490.75 m 562.5 490.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 476.75 m 562.5 476.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 506.5 474.75 m 562.5 474.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 589.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 265.85 588.98 Td (Payments Due by Period) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.00 589.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 509.00 589.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 568.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 190.50 567.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 245.50 567.98 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 300.50 567.98 Td (2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.50 567.98 Td (2022) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 410.00 567.98 Td (2023) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.20 567.98 Td (Ther) Tj ET Q q 0 0 0 rg BT 473.01 567.98 Td (eafter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.25 567.98 Td (T) Tj ET Q q 0 0 0 rg BT 529.85 567.98 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 555.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 330.35 555.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 541.32 Td (Long-term debt maturities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.65 540.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.60 540.42 Td (1,256,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.10 540.42 Td (300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.10 540.42 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 540.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 540.42 Td (1,317,940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 540.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 540.42 Td (3,124,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 526.32 Td (Interest payments \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.10 525.42 Td (173,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.10 525.42 Td (168,148) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.10 525.42 Td (104,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 525.42 Td (88,616) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 525.42 Td (83,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 525.42 Td (1,1) Tj ET Q q 0 0 0 rg BT 471.10 525.42 Td (18,699) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 525.42 Td (1,737,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 511.32 Td (Operating leases \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.15 510.42 Td (34,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 510.42 Td (20,787) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 510.42 Td (14,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 510.42 Td (9,280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.15 510.42 Td (6,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 510.42 Td (28,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 510.42 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 510.42 Td (15,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 496.32 Td (Purchase obligations \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.15 495.42 Td (10,896) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.15 495.42 Td (7,958) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 495.42 Td (7,01) Tj ET Q q 0 0 0 rg BT 325.65 495.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.15 495.42 Td (4,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.65 495.42 Td (602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.15 495.42 Td (2,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 495.42 Td (34,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 480.42 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 480.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.10 480.42 Td (219,623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.60 480.42 Td (1,453,693) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.10 480.42 Td (426,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.10 480.42 Td (352,866) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.15 480.42 Td (90,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.60 480.42 Td (2,467,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.00 480.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 480.42 Td (5,01) Tj ET Q q 0 0 0 rg BT 536.10 480.42 Td (1,557) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 462.45 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 462.45 Td (The interest payments calculated for our variable-rate, long-term debt are based on interest rates and the outstanding borrowings as ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 451.65 Td (of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 95.75 451.65 Td (December31, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 166.47 451.65 Td (. ) Tj ET Q q 0 0 0 rg BT 170.81 451.65 Td (The interest payments on our fixed-rate debt are based on the stated interest rates and the outstanding ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 440.85 Td (borrowings as of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 148.74 440.85 Td (December31, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 219.47 440.85 Td (. ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 427.05 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 427.05 Td (Our operating leases consist primarily of leases for tugs and bar) Tj ET Q q 0 0 0 rg BT 315.27 427.05 Td (ges utilized at our St. Eustatius facility and land and dock leases at ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 416.25 Td (various terminal facilities, including a build-to-suit lease with an initial term of five years and four additional five-year renewal ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 405.45 Td (periods that also includes a commitment for minimum dockage and wharfage throughput volumes.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 391.65 Td (\(c\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 391.65 Td (A) Tj ET Q q 0 0 0 rg BT 92.00 391.65 Td ( purchase obligation is an enforceable and legally binding agreement to purchase goods or services that specifies significant ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 380.85 Td (terms, including \(i\)fixed or minimum quantities to be purchased, \(ii\)fixed, minimum or variable price provisions and \(iii\)the ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 370.05 Td (approximate timing of the transaction. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.05 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 346.05 Td (e also have pension and other postretirement benefit obligations recorded in Other long-term liabilities on our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.05 Td (balance sheets which have been excluded from the contractual obligations table above due to the uncertainty in timing as to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.05 Td (future cash flows related to these obligations. For additional information on our pension and other postretirement benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.05 Td (obligations see Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.15 310.05 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.15 310.05 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and Supplementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.05 Td (Data.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 272.05 Td (Environmental, Health and Safety) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.05 Td (Our operations are subject to extensive international, federal, state and local environmental laws and regulations, in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.05 Td (and in the other countries in which we operate, including those relating to the dischar) Tj ET Q q 0 0 0 rg BT 390.55 248.05 Td (ge of materials into the environment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.05 Td (waste management, remediation, the characteristics and composition of fuels, climate change and greenhouse gases. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.05 Td (operations are also subject to extensive health, safety and security laws and regulations, including those relating to worker and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.05 Td (pipeline safety) Tj ET Q q 0 0 0 rg BT 107.94 212.05 Td (, pipeline and storage tank integrity and operations security) Tj ET Q q 0 0 0 rg BT 344.17 212.05 Td (. Because more stringent environmental and safety ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.05 Td (laws and regulations are continuously being enacted or proposed, the level of expenditures required for environmental, health ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.05 Td (and safety matters is expected to increase in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.05 Td (The balance of and changes in our accruals for environmental matters as of and for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 448.72 167.05 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 167.05 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.05 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 155.05 Td ( are included in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.36 155.05 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 166.36 155.05 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.05 Td (Supplementary Data. ) Tj ET Q q 0 0 0 rg BT 141.18 143.05 Td (W) Tj ET Q q 0 0 0 rg BT 149.81 143.05 Td (e believe that we have adequately accrued for our environmental exposures.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 117.05 Td (Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.05 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 105.05 Td (e are subject to certain loss contingencies, and we believe that the resolution of any particular claim or proceeding, or all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.05 Td (matters in the aggregate, would not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 297.77 93.05 Td (fect on our results of operations, financial position or liquidity) Tj ET Q q 0 0 0 rg BT 545.96 93.05 Td (, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.05 Td (further disclosed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.64 81.05 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.64 81.05 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.05 Td (Supplementary Data.) Tj ET Q endstream endobj 125 0 obj <> endobj 126 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (62) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (RELA) Tj ET Q q 0 0 0 rg BT 77.04 742.25 Td (TED P) Tj ET Q q 0 0 0 rg BT 105.47 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 119.56 742.25 Td (TY) Tj ET Q q 0 0 0 rg BT 133.08 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 135.40 742.25 Td (TRANSACTIONS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.25 Td (In conjunction with the Mer) Tj ET Q q 0 0 0 rg BT 162.02 730.25 Td (ger) Tj ET Q q 0 0 0 rg BT 174.38 730.25 Td (, which closed on July 20, 2018, we terminated the ) Tj ET Q q 0 0 0 rg BT 379.62 730.25 Td (Amended and Restated Services ) Tj ET Q q 0 0 0 rg BT 510.70 730.25 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (with NuStar GP) Tj ET Q q 0 0 0 rg BT 112.78 718.25 Td (, LLC. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.30 718.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.30 718.25 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (Statements and Supplementary Data for a discussion of our related party agreements prior to the Mer) Tj ET Q q 0 0 0 rg BT 458.30 706.25 Td (ger) Tj ET Q q 0 0 0 rg BT 470.52 706.25 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 682.25 Td (CRITICAL) Tj ET Q q 0 0 0 rg BT 99.46 682.25 Td ( ) Tj ET Q q 0 0 0 rg BT 101.41 682.25 Td (ACCOUNTING POLICIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.25 Td (The preparation of financial statements in accordance with U.S. generally accepted accounting principles requires management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.25 Td (to select accounting policies and to make estimates and assumptions related thereto that af) Tj ET Q q 0 0 0 rg BT 410.54 658.25 Td (fect the amounts reported in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.25 Td (consolidated financial statements and accompanying notes. ) Tj ET Q q 0 0 0 rg BT 288.54 646.25 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 381.95 646.25 Td (fer from those estimates. ) Tj ET Q q 0 0 0 rg BT 483.13 646.25 Td (The accounting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.25 Td (policies below are considered critical due to judgments made by management and the sensitivity of these estimates to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.25 Td (deviations of actual results from management) Tj ET Q q 0 0 0 rg BT 235.22 622.25 Td (s assumptions. ) Tj ET Q q 0 0 0 rg BT 295.88 622.25 Td (The critical accounting policies should be read in conjunction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.25 Td (with Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.22 610.25 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 97.22 610.25 Td ( of the Notes to the Consolidated Financial Statements in Item8. Financial Statements and Supplementary Data, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.25 Td (which summarizes our significant accounting policies.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 572.25 Td (Depreciation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 560.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 560.25 Td (e calculate depreciation expense using the straight-line method over the estimated useful lives of our property) Tj ET Q q 0 0 0 rg BT 496.45 560.25 Td (, plant and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.25 Td (equipment. Due to the expected long useful lives of our property) Tj ET Q q 0 0 0 rg BT 307.89 548.25 Td (, plant and equipment, we depreciate our property) Tj ET Q q 0 0 0 rg BT 506.33 548.25 Td (, plant and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.25 Td (equipment over periods ranging from 5 years to 40 years. Changes in the estimated useful lives of our property) Tj ET Q q 0 0 0 rg BT 492.85 536.25 Td (, plant and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 524.25 Td (equipment could have a material adverse ef) Tj ET Q q 0 0 0 rg BT 223.63 524.25 Td (fect on our results of operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 498.25 Td (Impairment of Long-Lived ) Tj ET Q q 0 0 0 rg BT 162.12 498.25 Td (Assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 486.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 486.25 Td (e test long-lived assets for recoverability whenever events or changes in circumstances indicate that the carrying amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 474.25 Td (the asset may not be recoverable. ) Tj ET Q q 0 0 0 rg BT 185.04 474.25 Td (W) Tj ET Q q 0 0 0 rg BT 193.68 474.25 Td (e evaluate recoverability using undiscounted estimated net cash flows generated by the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 462.25 Td (related asset or asset group. If the results of that evaluation indicate that the undiscounted cash flows are less than the carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 450.25 Td (amount of the asset \(i.e., the asset is not recoverable\) we perform an impairment analysis. If our intent is to hold the asset for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 438.25 Td (continued use, we determine the amount of impairment as the amount by which the net carrying value exceeds its fair value. If ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 426.25 Td (our intent is to sell the asset, and the criteria required to classify an asset as held for sale are met, we determine the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 414.25 Td (impairment as the amount by which the net carrying amount exceeds its fair value less costs to sell.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 390.25 Td (In determining the existence of an impairment of the carrying value of an asset, we make a number of subjective assumptions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 378.25 Td (as to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 366.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 366.25 Td (whether there is an event or circumstance that may indicate that the carrying amount of an asset may not be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 354.25 Td (recoverable;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 342.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 342.25 Td (the grouping of assets;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 330.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 330.25 Td (the intention of holding, abandoning or selling an asset;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 318.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 318.25 Td (the forecast of undiscounted expected future cash flows with respect to an asset or asset group; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 306.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 306.25 Td (if an impairment exists, the fair value of the asset or asset group.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (Our estimates of undiscounted future cash flows include: \(i\) discrete financial forecasts, which rely on management) Tj ET Q q 0 0 0 rg BT 515.40 282.25 Td (s estimates ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (of revenue and operating expenses; \(ii\) long-term growth rates; and \(iii\) estimates of useful lives of the assets. ) Tj ET Q q 0 0 0 rg BT 492.19 270.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (identification of impairment indicators and the estimates of future undiscounted cash flows are highly subjective and are based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (on numerous assumptions about future operations and market conditions, which we believe to be reasonable but are inherently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td (uncertain. ) Tj ET Q q 0 0 0 rg BT 92.02 234.25 Td (The uncertainties underlying our assumptions and estimates could dif) Tj ET Q q 0 0 0 rg BT 369.56 234.25 Td (fer significantly from actual results and could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (cause a dif) Tj ET Q q 0 0 0 rg BT 92.57 222.25 Td (ferent conclusion about the recoverability of our assets. If that were to occur) Tj ET Q q 0 0 0 rg BT 397.33 222.25 Td (, and we determined an asset was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.25 Td (impaired, the amount of impairment could be material to our results of operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 184.25 Td (Impairment of Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 172.25 Td (e perform an assessment of goodwill annually or more frequently if events or changes in circumstances warrant. ) Tj ET Q q 0 0 0 rg BT 509.42 172.25 Td (W) Tj ET Q q 0 0 0 rg BT 518.06 172.25 Td (e have the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.25 Td (option to first perform a qualitative annual assessment to determine whether it is necessary to perform a quantitative goodwill ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.25 Td (impairment test. ) Tj ET Q q 0 0 0 rg BT 116.93 148.25 Td (A) Tj ET Q q 0 0 0 rg BT 123.60 148.25 Td ( qualitative assessment includes, among other things, industry and market considerations, overall financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.25 Td (performance, other entity-specific events and events af) Tj ET Q q 0 0 0 rg BT 268.89 136.25 Td (fecting individual reporting units. If after assessing the totality of events ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.25 Td (or circumstances for each reporting unit, we determine that it is more likely than not that the carrying value exceeds its fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.25 Td (value, then we would perform an impairment test for that reporting unit. However) Tj ET Q q 0 0 0 rg BT 377.28 112.25 Td (, we chose to perform a quantitative goodwill ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.25 Td (impairment test for all reporting units as of October1,2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 79.25 Td (e recognize an impairment of goodwill if the carrying value of goodwill exceeds its estimated fair value. In order to estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.25 Td (the fair value of goodwill, management must make certain estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 419.71 67.25 Td (fect the total fair value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.25 Td (reporting unit including, among other things, an assessment of market conditions, projected cash flows, discount rates and ) Tj ET Q endstream endobj 127 0 obj <> endobj 128 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (growth rates. Management) Tj ET Q q 0 0 0 rg BT 159.69 742.10 Td (s estimates of projected cash flows related to the reporting unit include, but are not limited to, future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (earnings of the reporting unit, assumptions about the use or disposition of the asset, estimated remaining life of the asset, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (future expenditures necessary to maintain the asset) Tj ET Q q 0 0 0 rg BT 256.04 718.10 Td (s existing service potential. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 694.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 694.10 Td (e calculate the estimated fair value of each of our reporting units using a weighted-average of values calculated using an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 682.10 Td (income approach and a market approach. ) Tj ET Q q 0 0 0 rg BT 216.68 682.10 Td (The income approach involves estimating the fair value of each reporting unit by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 670.10 Td (discounting its estimated future cash flows using a discount rate, consistent with a market participant) Tj ET Q q 0 0 0 rg BT 456.29 670.10 Td (s assumption. ) Tj ET Q q 0 0 0 rg BT 513.06 670.10 Td (The market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 658.10 Td (approach bases the fair value measurement on information obtained from observed stock prices of public companies and recent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.10 Td (mer) Tj ET Q q 0 0 0 rg BT 65.37 646.10 Td (ger and acquisition transaction data of comparable entities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.10 Td (Our reporting units to which goodwill has been allocated consist of the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 609.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 609.10 Td (crude oil pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 594.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 594.10 Td (refined product pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 579.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 579.10 Td (terminals, excluding our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 278.86 579.10 Td (T) Tj ET Q q 0 0 0 rg BT 284.61 579.10 Td (upper facilities and our refinery crude storage tanks; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 564.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 564.10 Td (bunkering activity at our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 279.96 564.10 Td (T) Tj ET Q q 0 0 0 rg BT 285.72 564.10 Td (upper facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 540.10 Td (Although we determined that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.41 540.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.41 540.10 Td ( impairment char) Tj ET Q q 0 0 0 rg BT 247.54 540.10 Td (ges resulted from our October 1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 540.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 540.10 Td ( impairment assessment, the fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (of the reporting unit that conducts bunkering activity at our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 382.27 528.10 Td (T) Tj ET Q q 0 0 0 rg BT 388.02 528.10 Td (upper facilities \(the Statia Bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.10 Td (Reporting Unit\) exceeded its carrying value by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.47 516.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.80 516.10 Td (. ) Tj ET Q q 0 0 0 rg BT 318.62 516.10 Td (The goodwill associated with the Statia Bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (Reporting Unit totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.49 504.10 Td ($31.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.38 504.10 Td ( as of December 31, 2018. Our estimate of the fair value of the Statia Bunkering Reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td (Unit is sensitive to typical valuation assumptions, particularly future earnings and cash flows. Recently) Tj ET Q q 0 0 0 rg BT 461.76 492.10 Td (, the earnings of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (Statia Bunkering Reporting Unit have declined compared to historical norms, mostly due to the continued impact from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (hurricanes that damaged much of the infrastructure in the Caribbean. Our estimates assume the earnings of the Statia Bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (Reporting Unit return to those historical levels in the near term. However) Tj ET Q q 0 0 0 rg BT 342.85 456.10 Td (, if there is a prolonged reduction in our earnings from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 444.10 Td (the lingering ef) Tj ET Q q 0 0 0 rg BT 110.91 444.10 Td (fect described above, or other factors that result in a slower than anticipated recovery in our earnings, it could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 432.10 Td (result in a reduction of our estimated fair value of the Statia Bunkering Reporting Unit to an amount less than its carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 420.10 Td (value. ) Tj ET Q q 0 0 0 rg BT 76.47 420.10 Td (W) Tj ET Q q 0 0 0 rg BT 85.11 420.10 Td (e will continue to monitor the business and consider additional interim analysis of goodwill as appropriate.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (Derivative Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 382.10 Td (e utilize various derivative instruments tomanage our exposure to interest rate risk and commodity price risk. ) Tj ET Q q 0 0 0 rg BT 499.44 382.10 Td (W) Tj ET Q q 0 0 0 rg BT 508.08 382.10 Td (e record ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (derivative instruments in the consolidated balance sheets at fair value, and apply hedge accounting when appropriate. ) Tj ET Q q 0 0 0 rg BT 521.32 370.10 Td (W) Tj ET Q q 0 0 0 rg BT 529.96 370.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (record changes to the fair values of derivative instruments in earnings for fair value hedges or as part of accumulated other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (comprehensive income \(AOCI\) for the ef) Tj ET Q q 0 0 0 rg BT 215.03 346.10 Td (fective portion of cash flow hedges. ) Tj ET Q q 0 0 0 rg BT 360.64 346.10 Td (W) Tj ET Q q 0 0 0 rg BT 369.28 346.10 Td (e reclassify the ef) Tj ET Q q 0 0 0 rg BT 439.34 346.10 Td (fective portion of cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (hedges from ) Tj ET Q q 0 0 0 rg BT 101.66 334.10 Td (AOCI to earnings when the underlying forecasted transaction occurs or becomes probable not to occur) Tj ET Q q 0 0 0 rg BT 511.52 334.10 Td (. ) Tj ET Q q 0 0 0 rg BT 516.34 334.10 Td (W) Tj ET Q q 0 0 0 rg BT 524.98 334.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (recognize inef) Tj ET Q q 0 0 0 rg BT 106.73 322.10 Td (fectiveness resulting from our derivatives immediately in earnings. ) Tj ET Q q 0 0 0 rg BT 376.75 322.10 Td (W) Tj ET Q q 0 0 0 rg BT 385.79 322.10 Td (ith respect to cash flow hedges, we must ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (exercise judgment to assess the probability of the forecasted transaction, which, among other things, depends upon market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 298.10 Td (factors and our ability to reliably operate our assets.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (Defined Benefit Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 260.10 Td (e estimate pension and other postretirement benefit obligations and costs based on actuarial valuations. ) Tj ET Q q 0 0 0 rg BT 472.50 260.10 Td (The annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (measurement date for our pension and other postretirement benefit plans is December 31. ) Tj ET Q q 0 0 0 rg BT 410.25 248.10 Td (The actuarial valuations require the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (use of certain assumptions including discount rates, expected long-term rates of return on plan assets and expected rates of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 224.10 Td (compensation increase. Changes in these assumptions are primarily influenced by factors outside our control. ) Tj ET Q q 0 0 0 rg BT 489.70 224.10 Td (The discount rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 212.10 Td (is based on a hypothetical yield curve represented by a series of annualized individual discount rates. Each bond issue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.10 Td (underlying the hypothetical yield curve required an average rating of double-A, when averaging all available ratings by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.10 Td (Moody) Tj ET Q q 0 0 0 rg BT 81.67 188.10 Td (s Investor Service Inc., S&P) Tj ET Q q 0 0 0 rg BT 194.61 188.10 Td ( Global Ratings and Fitch, Inc. ) Tj ET Q q 0 0 0 rg BT 319.97 188.10 Td (The expected long-term rate of return on plan assets is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.10 Td (based on the weighted averages of the expected long-term rates of return for each asset class of investments held in our plans as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 164.10 Td (determined using historical data and the assumption that capital markets are informationally ef) Tj ET Q q 0 0 0 rg BT 428.03 164.10 Td (ficient. ) Tj ET Q q 0 0 0 rg BT 458.39 164.10 Td (The expected rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 152.10 Td (compensation increase represents average long-term salary increases. ) Tj ET Q endstream endobj 129 0 obj <> endobj 130 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (These assumptions can have an ef) Tj ET Q q 0 0 0 rg BT 185.61 742.10 Td (fect on the amounts reported in our consolidated financial statements. ) Tj ET Q q 0 0 0 rg BT 465.80 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 472.47 742.10 Td ( 0.25% change in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (specified assumptions would have the following ef) Tj ET Q q 0 0 0 rg BT 253.11 730.10 Td (fects \(thousands of dollars\): ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 684.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 684.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 684.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 684.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 654.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 654.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 654.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 654.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 599.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 599.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 599.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 599.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 569.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 569.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 569.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 569.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 684.6 m 488.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 684.6 m 562.5 684.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.65 696.83 Td (Pension) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 439.20 688.83 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.85 704.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 501.60 696.83 Td (Postr) Tj ET Q q 0 0 0 rg BT 519.67 696.83 Td (etir) Tj ET Q q 0 0 0 rg BT 531.51 696.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.20 688.83 Td (Benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 675.17 Td (Increase in benefit obligation as of December31, 2018 from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 660.17 Td (Discount rate decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 659.27 Td (4,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 659.27 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 645.17 Td (Compensation rate increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 644.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 644.27 Td (1,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 644.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 614.27 Td (Increase in net periodic benefit cost for the year ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 604.27 Td (December31, 2019 resulting from:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 590.17 Td (Discount rate decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 589.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 589.27 Td (300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 589.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 589.27 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 575.17 Td (Expected long-term rate of returns on plan assets decrease) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 574.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 574.27 Td (300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 574.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 560.17 Td (Compensation rate increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 559.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 559.27 Td (400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.75 559.27 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 531.10 Td (Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.63 531.10 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.63 531.10 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and Supplementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.10 Td (Data for further discussion of our pension and other postretirement benefit obligations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 495.10 Td (Environmental Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.10 Td (Environmental remediation costs are expensed and an associated accrual is established when site restoration and environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.10 Td (remediation and cleanup obligations are either known or considered probable and can be reasonably estimated. ) Tj ET Q q 0 0 0 rg BT 495.77 471.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.10 Td (environmental obligations are based on estimates of probable undiscounted future costs using currently available technology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.10 Td (and applying current regulations, as well as our own internal environmental policies. ) Tj ET Q q 0 0 0 rg BT 390.83 447.10 Td (The environmental liabilities have not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (been reduced by possible recoveries from third parties. Environmental costs include initial site surveys, costs for remediation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.10 Td (and restoration and ongoing monitoring costs, as well as fines, damages and other costs, when estimable. ) Tj ET Q q 0 0 0 rg BT 471.58 423.10 Td (Adjustments to initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (estimates are recorded, from time to time, to reflect changing circumstances and estimates based upon additional information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.10 Td (developed in subsequent periods. Environmental liabilities are dif) Tj ET Q q 0 0 0 rg BT 312.53 399.10 Td (ficult to assess and estimate due to unknown factors, such as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.10 Td (the timing and extent of remediation, the determination of our liability in proportion to other parties, improvements in cleanup ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.10 Td (technologies and the extent to which environmental laws and regulations may change in the future. ) Tj ET Q q 0 0 0 rg BT 448.03 375.10 Td (W) Tj ET Q q 0 0 0 rg BT 456.67 375.10 Td (e believe that we have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.10 Td (adequately accrued for our environmental exposures.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 337.10 Td (Contingencies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 325.10 Td (e accrue for costs relating to litigation, claims and other contingent matters when such liabilities become probable and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (reasonably estimable. Such estimates may be based on advice from third parties or on management) Tj ET Q q 0 0 0 rg BT 449.04 313.10 Td (s judgment, as appropriate. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (Due to the inherent uncertainty of litigation, actual amounts paid may dif) Tj ET Q q 0 0 0 rg BT 341.96 301.10 Td (fer from amounts estimated, and such dif) Tj ET Q q 0 0 0 rg BT 505.90 301.10 Td (ferences will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (be char) Tj ET Q q 0 0 0 rg BT 78.96 289.10 Td (ged to income in the period when final determination is made. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (NEW) Tj ET Q q 0 0 0 rg BT 73.71 265.10 Td ( ) Tj ET Q q 0 0 0 rg BT 75.66 265.10 Td (ACCOUNTING PRONOUNCEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.63 253.10 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.63 253.10 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and Supplementary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (Data for a discussion of new accounting pronouncements.) Tj ET Q endstream endobj 131 0 obj <> endobj 132 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (65) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 7A. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 742.25 Td ( QUANTIT) Tj ET Q q 0 0 0 rg BT 170.43 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 176.91 742.25 Td (TIVE ) Tj ET Q q 0 0 0 rg BT 203.31 742.25 Td (AND QUALIT) Tj ET Q q 0 0 0 rg BT 266.19 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 272.67 742.25 Td (TIVE DISCLOSURES ) Tj ET Q q 0 0 0 rg BT 372.15 742.25 Td (ABOUT) Tj ET Q q 0 0 0 rg BT 407.53 742.25 Td ( MARKET) Tj ET Q q 0 0 0 rg BT 454.85 742.25 Td ( RISK) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 725.25 Td (Interest Rate Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 713.25 Td (e manage our exposure to changing interest rates principally through the use of a combination of fixed-rate debt and variable-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 701.25 Td (rate debt. In addition, we utilize forward-starting interest rate swap agreements to lock in the rate on the interest payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 689.25 Td (related to forecasted debt issuances. Borrowings under our variable-rate debt expose us to increases in interest rates.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 665.25 Td (In connection with the ) Tj ET Q q 0 0 0 rg BT 141.65 665.25 Td (April 2018 maturity of the 7.65% Senior Notes, we terminated forward-starting interest rate swap ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 653.25 Td (agreements with an aggregate notional amount of $350.0 million and received $8.0 million.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.25 Td (Please refer to Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.52 629.25 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 140.52 629.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.96 629.25 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.96 629.25 Td ( of the Notes to Consolidated Financial Statements in Item8. Financial Statements and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.25 Td (Supplementary Data for a more detailed discussion of our interest rate swaps. ) Tj ET Q q 0 0 0 rg BT 366.67 617.25 Td (The following tables present principal cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.25 Td (flows and related weighted-average interest rates by expected maturity dates for our long-term debt:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 534.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 534.75 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 534.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 534.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 534.75 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 534.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 534.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 534.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 534.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 534.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 505.75 88.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 505.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 505.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 505.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 505.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 505.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 505.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 505.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 505.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 505.75 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 465.75 88.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 465.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 465.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 465.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 465.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 465.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 465.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 465.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 465.75 50.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 581.75 m 186.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 186.5 581.75 m 190.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 581.75 m 239.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 581.75 m 243.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 581.75 m 292.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 581.75 m 296.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 581.75 m 344.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 581.75 m 348.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 581.75 m 397.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 581.75 m 401.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 581.75 m 450.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 581.75 m 454.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 581.75 m 508.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 581.75 m 512.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 581.75 m 562.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 568.75 m 186.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 186.5 568.75 m 190.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 568.75 m 239.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 568.75 m 243.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 568.75 m 292.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 568.75 m 296.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 568.75 m 344.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 568.75 m 348.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 568.75 m 397.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 568.75 m 401.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 568.75 m 450.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 568.75 m 186.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 547.75 m 186.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 186.5 568.75 m 190.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 568.75 m 239.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 547.75 m 239.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 568.75 m 243.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 568.75 m 292.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 547.75 m 292.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 568.75 m 296.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 568.75 m 344.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 547.75 m 344.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 568.75 m 348.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 568.75 m 397.5 568.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 547.75 m 397.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 547.75 m 450.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 547.75 m 508.5 547.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 547.75 m 562.5 547.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 586.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.75 585.98 Td (December) Tj ET Q q 0 0 0 rg BT 352.32 585.98 Td ( 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 573.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 251.10 572.98 Td (Expected Maturity Dates) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.00 573.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 515.00 573.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 552.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 154.00 551.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 206.50 551.98 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.50 551.98 Td (2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 551.98 Td (2022) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.50 551.98 Td (2023) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 559.98 Td (Ther) Tj ET Q q 0 0 0 rg BT 430.74 559.98 Td (e-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.35 551.98 Td (after) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.25 551.98 Td (T) Tj ET Q q 0 0 0 rg BT 476.85 551.98 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.70 559.98 Td (Fair) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.35 551.98 Td (V) Tj ET Q q 0 0 0 rg BT 532.39 551.98 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 539.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 276.90 539.00 Td (\(Thousands of Dollars, Except Interest Rates\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 525.48 Td (Long-term Debt:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 511.32 Td (Fixed-rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 141.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 174.00 510.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 193.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.25 510.21 Td (450,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.25 510.21 Td (300,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 307.25 510.21 Td (250,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.00 510.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.25 510.21 Td (550,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 510.21 Td (1,550,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 510.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.00 510.21 Td (1,499,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 496.32 Td (W) Tj ET Q q 0 0 0 rg BT 70.64 496.32 Td (eighted-average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 486.32 Td (rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 174.00 485.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 220.25 485.21 Td (4.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 231.50 485.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 273.25 485.21 Td (6.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 284.50 485.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.25 485.21 Td (4.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.50 485.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.00 485.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.25 485.21 Td (5.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 485.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.25 485.21 Td (5.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.50 485.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 485.21 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 471.32 Td (V) Tj ET Q q 0 0 0 rg BT 68.11 471.32 Td (ariable-rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 141.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 174.00 470.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 193.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 202.25 470.21 Td (806,800) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.50 470.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 470.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.00 470.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.25 470.21 Td (767,940) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 470.21 Td (1,574,740) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 470.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.00 470.21 Td (1,556,784) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 456.32 Td (W) Tj ET Q q 0 0 0 rg BT 70.64 456.32 Td (eighted-average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 446.32 Td (rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 174.00 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 220.25 445.21 Td (4.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 231.50 445.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 275.50 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 385.00 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.25 445.21 Td (5.6) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 445.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.25 445.21 Td (5.0) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.50 445.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.00 445.21 Td () Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 358.75 88.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 358.75 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 358.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 358.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 358.75 48.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 358.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 358.75 49.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 358.75 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 358.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 358.75 50.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 329.75 88.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 329.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 329.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 329.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 329.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 329.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 329.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 329.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 329.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 329.75 50.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 289.75 88.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 138.50 289.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 186.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 190.50 289.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 239.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 243.50 289.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 289.75 48.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 348.50 289.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 397.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 401.50 289.75 49.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 450.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 454.50 289.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 508.50 289.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 512.50 289.75 50.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 405.75 m 186.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 186.5 405.75 m 190.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 405.75 m 239.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 405.75 m 243.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 405.75 m 292.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 405.75 m 296.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 405.75 m 344.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 405.75 m 348.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 405.75 m 397.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 405.75 m 401.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 405.75 m 450.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 450.5 405.75 m 454.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 405.75 m 508.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 508.5 405.75 m 512.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 405.75 m 562.5 405.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 392.75 m 186.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 186.5 392.75 m 190.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 392.75 m 239.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 392.75 m 243.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 392.75 m 292.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 392.75 m 296.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 392.75 m 344.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 392.75 m 348.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 392.75 m 397.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 397.5 392.75 m 401.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 392.75 m 450.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 392.75 m 186.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 138.5 371.75 m 186.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 186.5 392.75 m 190.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 392.75 m 239.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 371.75 m 239.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 239.5 392.75 m 243.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 392.75 m 292.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 243.5 371.75 m 292.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 392.75 m 296.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 392.75 m 344.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 371.75 m 344.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 392.75 m 348.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 392.75 m 397.5 392.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 348.5 371.75 m 397.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 401.5 371.75 m 450.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 454.5 371.75 m 508.5 371.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 512.5 371.75 m 562.5 371.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 410.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.75 409.98 Td (December) Tj ET Q q 0 0 0 rg BT 352.32 409.98 Td ( 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 397.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 251.10 396.98 Td (Expected Maturity Dates) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 457.00 397.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 515.00 397.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 376.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 154.00 375.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 206.50 375.98 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.50 375.98 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 312.00 375.98 Td (2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.50 375.98 Td (2022) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 383.98 Td (Ther) Tj ET Q q 0 0 0 rg BT 430.74 383.98 Td (e-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.35 375.98 Td (after) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.25 375.98 Td (T) Tj ET Q q 0 0 0 rg BT 476.85 375.98 Td (otal) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 529.70 383.98 Td (Fair) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.35 375.98 Td (V) Tj ET Q q 0 0 0 rg BT 532.39 375.98 Td (alue) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 363.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 276.90 363.00 Td (\(Thousands of Dollars, Except Interest Rates\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 349.48 Td (Long-term Debt:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 335.32 Td (Fixed-rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 141.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 149.25 334.21 Td (350,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 193.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 226.65 334.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.25 334.21 Td (450,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 307.25 334.21 Td (300,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 360.25 334.21 Td (250,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.25 334.21 Td (952,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 334.21 Td (2,302,500) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 334.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.60 334.21 Td (2,355,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 320.32 Td (W) Tj ET Q q 0 0 0 rg BT 70.64 320.32 Td (eighted-average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 310.32 Td (rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 167.25 309.21 Td (8.4) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 178.50 309.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 226.65 309.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 273.25 309.21 Td (4.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 284.50 309.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.25 309.21 Td (6.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 336.50 309.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 378.25 309.21 Td (4.8) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 389.50 309.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.25 309.21 Td (6.5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 309.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.25 309.21 Td (6.3) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.50 309.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.65 309.21 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 295.32 Td (V) Tj ET Q q 0 0 0 rg BT 68.11 295.32 Td (ariable-rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 141.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 169.50 294.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 193.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 226.65 294.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 246.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 255.25 294.21 Td (955,61) Tj ET Q q 0 0 0 rg BT 280.00 294.21 Td (1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 294.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.50 294.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 413.25 294.21 Td (365,440) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 457.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 464.50 294.21 Td (1,321,051) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.00 294.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 522.60 294.21 Td (1,322,087) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 280.32 Td (W) Tj ET Q q 0 0 0 rg BT 70.64 280.32 Td (eighted-average ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 270.32 Td (rate) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 169.50 269.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 226.65 269.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 273.25 269.21 Td (3.1) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 284.50 269.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 327.50 269.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 380.50 269.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.25 269.21 Td (1.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 442.50 269.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 489.25 269.21 Td (2.7) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 500.50 269.21 Td (%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 549.65 269.21 Td () Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 244.25 Td (The following table presents information regarding our forward-starting interest rate swap agreements:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 194.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 132.50 194.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.50 194.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 194.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 194.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 194.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 194.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 194.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 194.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 194.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 194.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 164.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 132.50 164.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 136.50 164.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 218.50 164.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 222.50 164.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 164.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 164.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 164.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 164.75 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 476.50 164.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 480.50 164.75 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 220.75 m 132.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 132.5 220.75 m 136.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 220.75 m 218.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 220.75 m 476.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 476.5 220.75 m 480.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 220.75 m 562.5 220.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 207.75 m 132.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 207.75 m 218.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 222.5 207.75 m 304.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 207.75 m 390.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 207.75 m 476.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 207.75 m 562.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 207.75 m 476.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 207.75 m 562.5 207.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 164.75 m 476.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 164.75 m 562.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 164.75 m 132.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 150.75 m 132.5 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 148.75 m 132.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 164.75 m 218.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 150.75 m 218.5 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 136.5 148.75 m 218.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 164.75 m 476.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 150.75 m 476.5 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 148.75 m 476.5 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 164.75 m 562.5 164.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 150.75 m 562.5 150.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 480.5 148.75 m 562.5 148.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 71.40 224.98 Td (Notional ) Tj ET Q q 0 0 0 rg BT 102.52 224.98 Td (Amount as of December) Tj ET Q q 0 0 0 rg BT 184.65 224.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.45 211.98 Td (PeriodofHedge) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.50 219.98 Td (W) Tj ET Q q 0 0 0 rg BT 325.28 219.98 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 358.09 219.98 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.40 211.98 Td (Fixed Rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.00 224.98 Td (Fair) Tj ET Q q 0 0 0 rg BT 441.59 224.98 Td ( ) Tj ET Q q 0 0 0 rg BT 443.44 224.98 Td (V) Tj ET Q q 0 0 0 rg BT 448.78 224.98 Td (alue as of December) Tj ET Q q 0 0 0 rg BT 516.99 224.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 83.00 211.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 169.00 211.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.00 211.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.00 211.98 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 96.85 199.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 225.00 199.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 440.85 199.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 184.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.65 184.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 184.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.15 184.42 Td (350,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.05 184.42 Td (04/2018 - 04/2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 184.42 Td (2.6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 184.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 184.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 184.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 184.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 184.47 Td (\(5,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 184.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.15 169.42 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.15 169.42 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.05 169.42 Td (09/2020 - 09/2030) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.15 169.42 Td (2.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.65 169.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 169.47 Td (\(124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 169.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 169.47 Td (\(4,594) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 169.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 154.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.15 154.42 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.00 154.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.15 154.42 Td (600,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 154.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.30 154.47 Td (\(124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 154.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.00 154.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 154.47 Td (\(9,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 154.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 117.25 Td (Commodity Price Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 105.25 Td (Since the operations of our fuels marketing segment expose us to commodity price risk, we use derivative instruments to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 93.25 Td (attempt to mitigate the ef) Tj ET Q q 0 0 0 rg BT 150.34 93.25 Td (fects of commodity price fluctuations. ) Tj ET Q q 0 0 0 rg BT 305.12 93.25 Td (The derivative instruments we use consist primarily of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 81.25 Td (commodity futures and swap contracts. Please refer to our derivative financial instruments accounting policy in Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.03 81.25 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.03 81.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.47 81.25 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.47 81.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.25 Td (of the Notes to Consolidated Financial Statements in Item8. Financial Statements and Supplementary Data for further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.25 Td (information on our various types of derivatives.) Tj ET Q endstream endobj 133 0 obj <> endobj 134 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 742.10 Td (e have a risk management committee that oversees our trading policies and procedures and certain aspects of risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (management. Our risk management committee also reviews all new risk management strategies in accordance with our risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.10 Td (management policy) Tj ET Q q 0 0 0 rg BT 127.93 718.10 Td (, as approved by our board of directors.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.10 Td (The commodity contracts disclosed below) Tj ET Q q 0 0 0 rg BT 218.20 697.10 Td (, all of which relate to refined products, represent only those contracts exposed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.10 Td (commodity price risk at the end of the period. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.13 685.10 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.13 685.10 Td ( of the Notes to Consolidated Financial Statements in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.10 Td (Item8. Financial Statements and Supplementary Data for the volume and related fair value of all commodity contracts.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 600.60 240.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 600.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 600.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 600.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 600.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 600.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 600.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 600.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 571.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 571.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 571.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 571.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 571.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 571.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 571.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 571.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 541.60 240.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 541.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 541.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 541.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 541.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 541.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 541.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 541.60 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 512.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 512.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 512.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 512.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 482.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 482.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 649.6 m 355.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 649.6 m 359.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 649.6 m 424.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 649.6 m 428.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 649.6 m 493.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 649.6 m 497.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 649.6 m 562.5 649.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 635.6 m 424.5 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 635.6 m 428.5 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 635.6 m 493.5 635.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 621.6 m 355.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 621.6 m 424.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 621.6 m 493.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 621.6 m 562.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 482.6 m 562.5 482.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 444.6 m 562.5 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 442.6 m 562.5 442.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 653.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.75 653.83 Td (December) Tj ET Q q 0 0 0 rg BT 428.32 653.83 Td ( 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 625.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.15 633.83 Td (Contract) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.95 625.83 Td (V) Tj ET Q q 0 0 0 rg BT 312.99 625.83 Td (olumes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.05 639.83 Td (W) Tj ET Q q 0 0 0 rg BT 402.83 639.83 Td (eighted ) Tj ET Q q 0 0 0 rg BT 429.27 639.83 Td (A) Tj ET Q q 0 0 0 rg BT 434.53 639.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.30 641.68 Td (Fair) Tj ET Q q 0 0 0 rg BT 521.82 641.68 Td () Tj ET Q q 0 0 0 rg BT 523.67 641.68 Td (V) Tj ET Q q 0 0 0 rg BT 528.71 641.68 Td (alueof) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.55 633.68 Td (Curr) Tj ET Q q 0 0 0 rg BT 532.73 633.68 Td (ent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.05 625.68 Td (Asset\(Liability\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.15 625.83 Td (PayPrice) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 625.83 Td (ReceivePrice) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 604.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.80 612.85 Td (\(Thousands) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 305.25 604.85 Td (of Barrels\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 604.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 604.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.80 612.85 Td (\(Thousands ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 512.05 604.85 Td (of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 591.33 Td (Fair) Tj ET Q q 0 0 0 rg BT 71.23 591.33 Td ( ) Tj ET Q q 0 0 0 rg BT 73.55 591.33 Td (V) Tj ET Q q 0 0 0 rg BT 80.23 591.33 Td (alue Hedges:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 577.17 Td (Futures - long) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 576.27 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 576.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 576.27 Td (69.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 576.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 576.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 576.27 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 562.17 Td (Futures - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 561.27 Td (50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 561.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 561.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 561.27 Td (72.61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 561.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 561.27 Td (104) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 532.33 Td (Economic Hedges and Other) Tj ET Q q 0 0 0 rg BT 175.31 532.33 Td ( Derivatives:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 518.17 Td (Futures - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 517.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 517.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 517.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 517.27 Td (72.61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 517.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 517.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 503.17 Td (Swaps - long) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 502.27 Td (143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 502.27 Td (50.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 502.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 502.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 502.32 Td (\(454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 502.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 488.17 Td (Swaps - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 487.27 Td (103) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 487.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 487.27 Td (50.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 487.27 Td (333) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 458.33 Td (T) Tj ET Q q 0 0 0 rg BT 58.75 458.33 Td (otal fair) Tj ET Q q 0 0 0 rg BT 92.73 458.33 Td ( value of open positions exposed to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.50 448.33 Td (commodity price risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 448.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 448.32 Td (\(9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 448.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 360.80 240.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 360.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 360.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 360.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 360.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 360.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 360.80 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 360.80 65.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 331.80 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 331.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 331.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 331.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 331.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 331.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 331.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 331.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 301.80 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 301.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 301.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 301.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 301.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 301.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 301.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 301.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 272.80 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 272.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 272.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 272.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 272.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 272.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 272.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 272.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 242.80 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 242.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 242.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 242.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 242.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 242.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 242.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 242.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.80 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 212.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 212.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 212.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 212.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 212.80 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 212.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 212.80 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 409.79999999999995 m 355.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 409.79999999999995 m 359.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 409.79999999999995 m 424.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 409.79999999999995 m 428.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 409.79999999999995 m 493.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 409.79999999999995 m 497.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 409.79999999999995 m 562.5 409.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 395.79999999999995 m 424.5 395.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 395.79999999999995 m 428.5 395.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 395.79999999999995 m 493.5 395.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 381.79999999999995 m 355.5 381.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 381.79999999999995 m 424.5 381.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 381.79999999999995 m 493.5 381.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 381.79999999999995 m 562.5 381.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 212.79999999999995 m 562.5 212.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 174.79999999999995 m 562.5 174.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 172.79999999999995 m 562.5 172.79999999999995 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 414.05 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.75 414.03 Td (December) Tj ET Q q 0 0 0 rg BT 428.32 414.03 Td ( 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 386.05 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.15 394.03 Td (Contract) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.95 386.03 Td (V) Tj ET Q q 0 0 0 rg BT 312.99 386.03 Td (olumes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.05 400.03 Td (W) Tj ET Q q 0 0 0 rg BT 402.83 400.03 Td (eighted ) Tj ET Q q 0 0 0 rg BT 429.27 400.03 Td (A) Tj ET Q q 0 0 0 rg BT 434.53 400.03 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.30 401.88 Td (Fair) Tj ET Q q 0 0 0 rg BT 521.82 401.88 Td () Tj ET Q q 0 0 0 rg BT 523.67 401.88 Td (V) Tj ET Q q 0 0 0 rg BT 528.71 401.88 Td (alueof) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.55 393.88 Td (Curr) Tj ET Q q 0 0 0 rg BT 532.73 393.88 Td (ent) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.05 385.88 Td (Asset\(Liability\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 375.15 386.03 Td (PayPrice) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 437.50 386.03 Td (ReceivePrice) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 365.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 303.80 373.05 Td (\(Thousands) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 305.25 365.05 Td (of Barrels\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 362.00 365.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 431.00 365.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 510.80 373.05 Td (\(Thousands ) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 512.05 365.05 Td (of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 351.53 Td (Fair) Tj ET Q q 0 0 0 rg BT 71.23 351.53 Td ( ) Tj ET Q q 0 0 0 rg BT 73.55 351.53 Td (V) Tj ET Q q 0 0 0 rg BT 80.23 351.53 Td (alue Hedges:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 337.37 Td (Futures - long) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 336.47 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 336.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 336.47 Td (86.88) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 336.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 336.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 336.47 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 322.37 Td (Futures - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.65 321.47 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 321.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 321.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 321.47 Td (85.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 321.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.30 321.52 Td (\(6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 321.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 307.37 Td (Swaps - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 306.47 Td (149) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 306.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 306.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 306.47 Td (55.79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 306.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 306.52 Td (\(106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 306.47 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 277.53 Td (Economic Hedges and Other) Tj ET Q q 0 0 0 rg BT 175.31 277.53 Td ( Derivatives:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 263.37 Td (Futures - long) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 262.47 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 262.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 262.47 Td (86.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 262.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 262.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 262.47 Td (7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 248.37 Td (Futures - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 247.47 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 247.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 247.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 247.47 Td (85.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 247.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.30 247.52 Td (\(16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 247.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 233.37 Td (Swaps - long) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 232.47 Td (196) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 232.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 232.47 Td (55.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 232.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 232.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 232.47 Td (264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 218.37 Td (Swaps - short) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 217.47 Td (199) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 217.47 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 217.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 217.47 Td (53.76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 217.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 217.52 Td (\(525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 217.47 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 188.53 Td (T) Tj ET Q q 0 0 0 rg BT 58.75 188.53 Td (otal fair) Tj ET Q q 0 0 0 rg BT 92.73 188.53 Td ( value of open positions exposed to ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.50 178.53 Td (commodity price risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 178.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 178.52 Td (\(382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 178.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 135 0 obj <> endobj 136 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (67) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM8. ) Tj ET Q q 0 0 0 rg BT 122.00 742.25 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 178.12 742.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 192.11 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 198.59 742.25 Td (TEMENTS ) Tj ET Q q 0 0 0 rg BT 249.44 742.25 Td (AND SUPPLEMENT) Tj ET Q q 0 0 0 rg BT 341.20 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 355.29 742.25 Td (Y) Tj ET Q q 0 0 0 rg BT 362.14 742.25 Td ( DA) Tj ET Q q 0 0 0 rg BT 378.34 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 384.27 742.25 Td (A) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 160.40 718.25 Td (Management) Tj ET Q q 0 0 0 rg BT 219.46 718.25 Td (s Report on Internal Contr) Tj ET Q q 0 0 0 rg BT 334.27 718.25 Td (ol over) Tj ET Q q 0 0 0 rg BT 363.25 718.25 Td ( Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (Our management is responsible for establishing and maintaining ef) Tj ET Q q 0 0 0 rg BT 318.09 697.25 Td (fective internal control over financial reporting as defined in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (Rule 13a-15\(f\) under the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 234.94 685.25 Td (Act of 1934. Our management assessed the ef) Tj ET Q q 0 0 0 rg BT 418.03 685.25 Td (fectiveness of NuStar Ener) Tj ET Q q 0 0 0 rg BT 525.31 685.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 550.87 685.25 Td (.) Tj ET Q q 0 0 0 rg BT 556.15 685.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (internal control over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.43 673.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.02 673.25 Td (. In its evaluation, management used the criteria set forth by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 180.92 661.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 254.33 661.25 Td (T) Tj ET Q q 0 0 0 rg BT 260.08 661.25 Td (readway Commission \(COSO\) in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 395.63 661.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 453.32 661.25 Td (ol-Integrated Framework ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 649.25 Td (\(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.66 649.25 Td (. Based on this assessment, management believes that, as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.99 649.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.58 649.25 Td (, our internal control over financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (reporting was ef) Tj ET Q q 0 0 0 rg BT 114.79 637.25 Td (fective based on those criteria.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.25 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ) Tj ET Q q 0 0 0 rg BT 518.57 616.25 Td (Therefore, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.25 Td (even those systems determined to be ef) Tj ET Q q 0 0 0 rg BT 206.44 604.25 Td (fective can provide only reasonable assurance with respect to financial statement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.25 Td (preparation and presentation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 571.25 Td (The ef) Tj ET Q q 0 0 0 rg BT 75.63 571.25 Td (fectiveness of internal control over financial reporting as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.82 571.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.40 571.25 Td ( has been audited by KPMG LLP) Tj ET Q q 0 0 0 rg BT 526.61 571.25 Td (, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 559.25 Td (independent registered public accounting firm who audited our consolidated financial statements included in this Form10-K. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 547.25 Td (KPMG LLP) Tj ET Q q 0 0 0 rg BT 101.95 547.25 Td (s attestation on the ef) Tj ET Q q 0 0 0 rg BT 186.75 547.25 Td (fectiveness of our internal control over financial reporting appears on page 69.) Tj ET Q endstream endobj 137 0 obj <> endobj 138 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (68) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.05 742.25 Td (Report of Independent Register) Tj ET Q q 0 0 0 rg BT 316.13 742.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 357.81 742.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (The Board of Directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 198.86 718.25 Td (, LLC) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 706.25 Td (and Unitholders of NuStar Ener) Tj ET Q q 0 0 0 rg BT 177.01 706.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 202.57 706.25 Td (.:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 681.25 Td (Opinion on the Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 668.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 668.25 Td (e have audited the accompanying consolidated balance sheets of NuStar Ener) Tj ET Q q 0 0 0 rg BT 367.78 668.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 393.34 668.25 Td (. \(a Delaware limited partnership\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 656.25 Td (andsubsidiaries \(the Partnership\) as of December31, 2018 and 2017, the related consolidated statements of income, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 644.25 Td (comprehensive ) Tj ET Q q 0 0 0 rg BT 113.03 644.25 Td (income, ) Tj ET Q q 0 0 0 rg BT 147.47 644.25 Td (partners) Tj ET Q q 0 0 0 rg BT 182.26 644.25 Td ( ) Tj ET Q q 0 0 0 rg BT 184.76 644.25 Td (equity) Tj ET Q q 0 0 0 rg BT 209.11 644.25 Td (, ) Tj ET Q q 0 0 0 rg BT 214.11 644.25 Td (and ) Tj ET Q q 0 0 0 rg BT 231.04 644.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 251.31 644.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 276.04 644.25 Td (for ) Tj ET Q q 0 0 0 rg BT 290.20 644.25 Td (each ) Tj ET Q q 0 0 0 rg BT 311.01 644.25 Td (of ) Tj ET Q q 0 0 0 rg BT 321.84 644.25 Td (the ) Tj ET Q q 0 0 0 rg BT 336.56 644.25 Td (years ) Tj ET Q q 0 0 0 rg BT 360.16 644.25 Td (in ) Tj ET Q q 0 0 0 rg BT 370.43 644.25 Td (the ) Tj ET Q q 0 0 0 rg BT 385.15 644.25 Td (three) Tj ET Q /GS0 gs q 3.00 0 0 10.09 405.14 642.09 cm /I6 Do Q q 0 0 0 rg BT 408.13 644.25 Td (year ) Tj ET Q q 0 0 0 rg BT 427.84 644.25 Td (period ) Tj ET Q q 0 0 0 rg BT 455.89 644.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 482.27 644.25 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 632.25 Td (2018, and the related notes \(collectively) Tj ET Q q 0 0 0 rg BT 209.29 632.25 Td (, the consolidated financial statements\). In our opinion, the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 620.25 Td (statements present fairly) Tj ET Q q 0 0 0 rg BT 147.09 620.25 Td (, in all material respects, the financial position of the Partnership as of December31, 2018 and 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 608.25 Td (and ) Tj ET Q q 0 0 0 rg BT 66.94 608.25 Td (the ) Tj ET Q q 0 0 0 rg BT 81.66 608.25 Td (results ) Tj ET Q q 0 0 0 rg BT 110.26 608.25 Td (of ) Tj ET Q q 0 0 0 rg BT 121.09 608.25 Td (its ) Tj ET Q q 0 0 0 rg BT 133.04 608.25 Td (operations ) Tj ET Q q 0 0 0 rg BT 177.20 608.25 Td (and ) Tj ET Q q 0 0 0 rg BT 194.14 608.25 Td (its ) Tj ET Q q 0 0 0 rg BT 206.08 608.25 Td (cash ) Tj ET Q q 0 0 0 rg BT 226.35 608.25 Td (flows ) Tj ET Q q 0 0 0 rg BT 251.07 608.25 Td (for ) Tj ET Q q 0 0 0 rg BT 265.23 608.25 Td (each ) Tj ET Q q 0 0 0 rg BT 286.05 608.25 Td (of ) Tj ET Q q 0 0 0 rg BT 296.88 608.25 Td (the ) Tj ET Q q 0 0 0 rg BT 311.60 608.25 Td (years ) Tj ET Q q 0 0 0 rg BT 335.20 608.25 Td (in ) Tj ET Q q 0 0 0 rg BT 345.47 608.25 Td (the ) Tj ET Q q 0 0 0 rg BT 360.19 608.25 Td (three) Tj ET Q /GS0 gs q 3.00 0 0 10.09 380.18 606.09 cm /I7 Do Q q 0 0 0 rg BT 383.17 608.25 Td (year ) Tj ET Q q 0 0 0 rg BT 402.88 608.25 Td (period ) Tj ET Q q 0 0 0 rg BT 430.93 608.25 Td (ended ) Tj ET Q q 0 0 0 rg BT 457.30 608.25 Td (December31, ) Tj ET Q q 0 0 0 rg BT 515.89 608.25 Td (2018, ) Tj ET Q q 0 0 0 rg BT 540.89 608.25 Td (in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 596.25 Td (conformity with U.S.generally accepted accounting principles.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 574.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 574.25 Td (e also have audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 367.44 574.25 Td (Accounting Oversight Board \(United States\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 562.25 Td (\(PCAOB\), the Partnership) Tj ET Q q 0 0 0 rg BT 158.05 562.25 Td (s internal control over financial reporting as of December31, 2018, based on criteria established in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 550.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 107.69 550.25 Td (ol - Integrated Framework) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.61 550.25 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 217.11 550.25 Td (\(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.77 550.25 Td ( issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 417.19 550.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 490.60 550.25 Td (T) Tj ET Q q 0 0 0 rg BT 496.35 550.25 Td (readway ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 538.25 Td (Commission, and our report dated February 28, 2019 expressed) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 304.39 538.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.89 538.25 Td (an unqualified opinion on the ef) Tj ET Q q 0 0 0 rg BT 434.74 538.25 Td (fectiveness of the Partnership) Tj ET Q q 0 0 0 rg BT 555.53 538.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 526.25 Td (internal control over financial reporting. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 504.25 Td (Basis for Opinion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 491.25 Td (These consolidated financial statements are the responsibility of the Partnership) Tj ET Q q 0 0 0 rg BT 371.85 491.25 Td (s management. Our responsibility is to express ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.25 Td (an opinion on these consolidated financial statements based on our audits. ) Tj ET Q q 0 0 0 rg BT 348.08 479.25 Td (W) Tj ET Q q 0 0 0 rg BT 356.72 479.25 Td (e are a public accounting firm registered with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.25 Td (PCAOB and are required to be independent with respect to the Partnership in accordance with the U.S. federal securities laws ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.25 Td (and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 433.25 Td (e conducted our audits in accordance with the standards of the PCAOB. ) Tj ET Q q 0 0 0 rg BT 348.10 433.25 Td (Those standards require that we plan and perform the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.25 Td (audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 409.25 Td (whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (as well as evaluating the overall presentation of the consolidated financial statements. ) Tj ET Q q 0 0 0 rg BT 394.98 361.25 Td (W) Tj ET Q q 0 0 0 rg BT 403.62 361.25 Td (e believe that our audits provide a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (reasonable basis for our opinion.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.10 327.25 Td (/s/ KPMG LLP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 303.25 Td (e have served as the Partnership) Tj ET Q q 0 0 0 rg BT 189.42 303.25 Td (s auditor since 2004.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.25 Td (San ) Tj ET Q q 0 0 0 rg BT 66.95 279.25 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 104.55 279.25 Td (T) Tj ET Q q 0 0 0 rg BT 109.96 279.25 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.25 Td (February 28, 2019) Tj ET Q endstream endobj 139 0 obj <> endobj 140 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (69) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 181.05 742.25 Td (Report of Independent Register) Tj ET Q q 0 0 0 rg BT 316.13 742.25 Td (ed Public ) Tj ET Q q 0 0 0 rg BT 357.81 742.25 Td (Accounting Firm) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (The Board of Directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 198.86 710.25 Td (, LLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.25 Td (and Unitholders of NuStar Ener) Tj ET Q q 0 0 0 rg BT 177.01 698.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 202.57 698.25 Td (.:) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (Opinion on Internal Contr) Tj ET Q q 0 0 0 rg BT 155.46 673.25 Td (ol Over Financial Reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 660.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 660.25 Td (e have audited NuStar Ener) Tj ET Q q 0 0 0 rg BT 168.41 660.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 193.97 660.25 Td (. \(a Delaware limited partnership\) and subsidiaries) Tj ET Q q 0 0 0 rg BT 398.44 660.25 Td ( \(the Partnership\) internal control over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 648.25 Td (financial reporting as of December31, 2018, based on criteria established ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 347.39 648.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 405.08 648.25 Td (ol - Integrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.16 648.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 636.25 Td (issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 220.92 636.25 Td (ganizations of the ) Tj ET Q q 0 0 0 rg BT 294.33 636.25 Td (T) Tj ET Q q 0 0 0 rg BT 300.08 636.25 Td (readway Commission. In our opinion, the Partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 624.25 Td (maintained, in all material respects, ef) Tj ET Q q 0 0 0 rg BT 202.26 624.25 Td (fective internal control over financial reporting as of December31, 2018, based on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 612.25 Td (criteria established in ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 138.02 612.25 Td (Internal Contr) Tj ET Q q 0 0 0 rg BT 195.71 612.25 Td (ol - Integrated Framework \(2013\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.79 612.25 Td ( issued by the Committee of Sponsoring Or) Tj ET Q q 0 0 0 rg BT 505.21 612.25 Td (ganizations of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 600.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.54 600.25 Td (T) Tj ET Q q 0 0 0 rg BT 70.29 600.25 Td (readway Commission. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 578.25 Td (e also have audited, in accordance with the standards of the Public Company ) Tj ET Q q 0 0 0 rg BT 367.44 578.25 Td (Accounting Oversight Board \(United States\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (\(PCAOB\), the consolidated balance sheets of the Partnership as of December31, 2018 and 2017, the related consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.25 Td (statements of income, comprehensive income, partners) Tj ET Q q 0 0 0 rg BT 272.24 554.25 Td ( equity) Tj ET Q q 0 0 0 rg BT 299.08 554.25 Td (, and cash flows for each of the years in the three-year period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.25 Td (ended December31, 2018, and the related notes \(collectively) Tj ET Q q 0 0 0 rg BT 294.25 542.25 Td (, the consolidated financial statements\), and our report dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.25 Td (February 28, 2019 expressed an unqualified opinion on those consolidated financial statements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 508.25 Td (Basis for Opinion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 495.25 Td (The Partnership) Tj ET Q q 0 0 0 rg BT 116.37 495.25 Td (s management is responsible for maintaining ef) Tj ET Q q 0 0 0 rg BT 305.59 495.25 Td (fective internal control over financial reporting and for its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 483.25 Td (assessment of the ef) Tj ET Q q 0 0 0 rg BT 130.07 483.25 Td (fectiveness of internal control over financial reporting, included in the accompanying Management) Tj ET Q q 0 0 0 rg BT 528.82 483.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 471.25 Td (Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Partnership) Tj ET Q q 0 0 0 rg BT 511.31 471.25 Td (s internal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 459.25 Td (control over financial reporting based on our audit. ) Tj ET Q q 0 0 0 rg BT 256.14 459.25 Td (W) Tj ET Q q 0 0 0 rg BT 264.78 459.25 Td (e are a public accounting firm registered with the PCAOB and are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 447.25 Td (required to be independent with respect to the Partnership in accordance with the U.S. federal securities laws and the applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.25 Td (rules and regulations of the Securities and Exchange Commission and the PCAOB.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 413.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 413.25 Td (e conducted our audit in accordance with the standards of the PCAOB. ) Tj ET Q q 0 0 0 rg BT 344.21 413.25 Td (Those standards require that we plan and perform the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 401.25 Td (audit to obtain reasonable assurance about whether ef) Tj ET Q q 0 0 0 rg BT 263.90 401.25 Td (fective internal control over financial reporting was maintained in all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 389.25 Td (material respects. Our audit of internal control over financial reporting included obtaining an understanding of internal control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 377.25 Td (over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 365.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 365.25 Td (fectiveness of internal control based on the assessed risk. Our audit also included performing such other procedures as we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 353.25 Td (considered necessary in the circumstances. ) Tj ET Q q 0 0 0 rg BT 223.64 353.25 Td (W) Tj ET Q q 0 0 0 rg BT 232.28 353.25 Td (e believe that our audit provides a reasonable basis for our opinion.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (Definition and Limitations of Internal Contr) Tj ET Q q 0 0 0 rg BT 226.58 331.25 Td (ol Over Financial Reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 318.25 Td (A) Tj ET Q q 0 0 0 rg BT 56.67 318.25 Td ( company) Tj ET Q q 0 0 0 rg BT 98.60 318.25 Td (s internal control over financial reporting is a process designed to provide reasonable assurance regarding the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 306.25 Td (reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 294.25 Td (accepted accounting principles. ) Tj ET Q q 0 0 0 rg BT 177.72 294.25 Td (A) Tj ET Q q 0 0 0 rg BT 184.39 294.25 Td ( company) Tj ET Q q 0 0 0 rg BT 226.33 294.25 Td (s internal control over financial reporting includes those policies and procedures ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 282.25 Td (that \(1\)pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 270.25 Td (dispositions of the assets of the company; \(2\)provide reasonable assurance that transactions are recorded as necessary to permit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 258.25 Td (preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 246.25 Td (expenditures of the company are being made only in accordance with authorizations of management and directors of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 234.25 Td (company; and \(3\)provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (disposition of the company) Tj ET Q q 0 0 0 rg BT 161.38 222.25 Td (s assets that could have a material ef) Tj ET Q q 0 0 0 rg BT 306.97 222.25 Td (fect on the financial statements.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 200.25 Td (Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. ) Tj ET Q q 0 0 0 rg BT 518.20 200.25 Td (Also, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 188.25 Td (projections of any evaluation of ef) Tj ET Q q 0 0 0 rg BT 187.27 188.25 Td (fectiveness to future periods are subject to the risk that controls may become inadequate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 176.25 Td (because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.10 132.25 Td (/s/ KPMG LLP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 120.25 Td (San ) Tj ET Q q 0 0 0 rg BT 66.95 120.25 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 104.55 120.25 Td (T) Tj ET Q q 0 0 0 rg BT 109.96 120.25 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 108.25 Td (February 28, 2019) Tj ET Q endstream endobj 141 0 obj <> endobj 142 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (70) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 742.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 742.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 742.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 742.25 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 219.40 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 279.22 730.25 Td (TED BALANCE SHEETS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 217.65 718.25 Td (\(Thousands of Dollars, Except Unit Data\)) Tj ET Q BT /F1 6.00 Tf ET q 0 0 0 rg BT 50.00 711.05 Td () Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 674.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 674.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 674.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 674.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 648.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 648.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 648.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 648.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 612.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 612.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 612.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 612.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 586.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 586.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 586.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 586.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 560.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 560.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 560.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 560.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 534.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 534.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 534.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 534.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 508.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 508.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 508.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 508.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 482.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 482.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 482.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 456.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 456.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 456.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 456.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 430.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 430.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 430.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 430.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 404.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 404.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 404.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 404.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 378.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 378.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 378.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 352.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 352.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 352.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 352.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 326.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 326.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 326.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 326.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 300.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 300.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 300.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 300.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 274.55 368.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 274.55 70.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 274.55 4.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 274.55 70.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 253.55 368.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 253.55 70.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 253.55 4.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 253.55 70.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 222.55 368.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 222.55 70.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 222.55 4.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 222.55 70.00 -8.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 201.55 368.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 201.55 70.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 201.55 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 201.55 70.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 143.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 143.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 143.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 143.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 117.55 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 117.55 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 117.55 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 117.55 70.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 687.55 m 488.5 687.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 687.55 m 492.5 687.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 687.55 m 562.5 687.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 674.55 m 488.5 674.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 674.55 m 562.5 674.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 573.55 m 488.5 573.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 560.55 m 488.5 560.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 573.55 m 562.5 573.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 560.55 m 562.5 560.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 534.55 m 488.5 534.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 534.55 m 562.5 534.55 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 469.54999999999995 m 488.5 469.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 469.54999999999995 m 562.5 469.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 457.54999999999995 m 488.5 457.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 455.54999999999995 m 488.5 455.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 469.54999999999995 m 562.5 469.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 457.54999999999995 m 562.5 457.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 455.54999999999995 m 562.5 455.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 339.54999999999995 m 488.5 339.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 339.54999999999995 m 562.5 339.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 326.54999999999995 m 488.5 326.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 326.54999999999995 m 562.5 326.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 287.54999999999995 m 488.5 287.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 274.54999999999995 m 488.5 274.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 287.54999999999995 m 562.5 287.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 274.54999999999995 m 562.5 274.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 117.54999999999995 m 488.5 117.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 117.54999999999995 m 562.5 117.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 117.54999999999995 m 488.5 117.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 104.54999999999995 m 488.5 104.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 104.54999999999995 m 562.5 104.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 92.54999999999995 m 488.5 92.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 90.54999999999995 m 488.5 90.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 92.54999999999995 m 562.5 92.54999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 90.54999999999995 m 562.5 90.54999999999995 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 691.80 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.75 691.78 Td (December) Tj ET Q q 0 0 0 rg BT 501.32 691.78 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 678.80 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 678.78 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 678.78 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 220.65 665.28 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 652.12 Td (Current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 639.12 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 639.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 639.12 Td (13,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 639.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 639.12 Td (24,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 626.12 Td (Accounts receivable, net of allowance for doubtful accounts of $9,412 and $9,948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 616.12 Td (as of December31, 2018 and 2017, respectively) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 617.22 Td (148,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 617.22 Td (176,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 603.12 Td (Receivable from related party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 603.12 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 603.12 Td (205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 590.12 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 590.12 Td (22,713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 590.12 Td (26,857) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 577.12 Td (Prepaid and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 577.12 Td (17,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 577.12 Td (22,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 564.12 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 564.12 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 564.12 Td (202,158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 564.12 Td (250,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 551.12 Td (Property) Tj ET Q q 0 0 0 rg BT 87.11 551.12 Td (, plant and equipment, at cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 551.12 Td (6,338,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 551.12 Td (6,243,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 538.12 Td (Accumulated depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 538.17 Td (\(2,049,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 538.12 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 538.17 Td (\(1,942,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 538.12 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 525.12 Td (Property) Tj ET Q q 0 0 0 rg BT 93.11 525.12 Td (, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 525.12 Td (4,288,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 525.12 Td (4,300,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 512.12 Td (Intangible assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 512.12 Td (733,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 512.12 Td (784,479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 499.12 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 499.12 Td (1,036,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 499.12 Td (1,097,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 486.12 Td (Deferred income tax asset) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 486.12 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 486.12 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 473.12 Td (Other long-term assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 473.12 Td (88,328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 473.12 Td (101,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 460.12 Td (T) Tj ET Q q 0 0 0 rg BT 85.41 460.12 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 460.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 460.12 Td (6,349,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 460.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 460.12 Td (6,535,233) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 125.20 447.28 Td (Liabilities, Mezzanine Equity and Partners) Tj ET Q q 0 0 0 rg BT 311.40 447.28 Td ( Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 434.12 Td (Current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 421.12 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 421.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 421.12 Td (143,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 421.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 421.12 Td (145,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 408.12 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 408.12 Td (18,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 408.12 Td (35,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 395.12 Td (Current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 395.12 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 395.12 Td (349,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 382.12 Td (Accrued interest payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 382.12 Td (36,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 382.12 Td (40,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 369.12 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 369.12 Td (101,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 369.12 Td (61,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 356.12 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 356.12 Td (axes other than income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 356.12 Td (19,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 356.12 Td (14,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 343.12 Td (Income tax payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 343.12 Td (4,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 343.12 Td (4,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 330.12 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 330.12 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 330.12 Td (323,435) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 330.12 Td (651,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 317.12 Td (Long-term debt, less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 317.12 Td (3,1) Tj ET Q q 0 0 0 rg BT 457.15 317.12 Td (1) Tj ET Q q 0 0 0 rg BT 462.15 317.12 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 317.12 Td (3,263,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 304.12 Td (Deferred income tax liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 304.12 Td (12,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 304.12 Td (22,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 291.12 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 291.12 Td (79,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 291.12 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 291.12 Td (18,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 278.12 Td (T) Tj ET Q q 0 0 0 rg BT 82.41 278.12 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 278.12 Td (3,527,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 278.12 Td (4,055,144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 257.12 Td (Commitments and contingencies \(Note 15\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 236.12 Td (Series D preferred limited partners \(23,246,650 preferred units outstanding as of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 226.12 Td (December 31, 2018\) \(Note 19\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 227.22 Td (563,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 227.22 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 205.12 Td (Partners) Tj ET Q q 0 0 0 rg BT 88.36 205.12 Td ( equity \(Note 20\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 192.12 Td (Preferred limited partners \(9,060,000 Series ) Tj ET Q q 0 0 0 rg BT 239.45 192.12 Td (A) Tj ET Q q 0 0 0 rg BT 246.12 192.12 Td ( preferred units, 15,400,000 Series B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 182.12 Td (preferred units and 6,900,000 Series C preferred units outstanding as of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 172.12 Td (December 31, 2018 and 2017\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 171.22 Td (756,301) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 171.22 Td (756,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 157.12 Td (Common limited partners \(107,225,156 and 93,176,683 common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 147.12 Td (as of December 31, 2018 and 2017, respectively\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 148.22 Td (1,556,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 148.22 Td (1,770,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 134.12 Td (General partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 134.12 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 134.12 Td (37,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 121.12 Td (Accumulated other comprehensive loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 121.17 Td (\(54,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 121.12 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 121.17 Td (\(84,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 121.12 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 108.12 Td (T) Tj ET Q q 0 0 0 rg BT 73.41 108.12 Td (otal partners) Tj ET Q q 0 0 0 rg BT 125.70 108.12 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 108.12 Td (2,257,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 108.12 Td (2,480,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 95.12 Td (T) Tj ET Q q 0 0 0 rg BT 85.41 95.12 Td (otal liabilities, mezzanine equity and partners) Tj ET Q q 0 0 0 rg BT 269.60 95.12 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 95.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 95.12 Td (6,349,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 95.12 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 95.12 Td (6,535,233) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.75 71.05 Td (See Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 143 0 obj <> endobj 144 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (71) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 742.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 742.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 742.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 742.25 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 200.75 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 260.57 730.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 295.13 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 301.60 730.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 366.52 730.25 Td ( INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.00 718.25 Td (\(Thousands of Dollars, Except Unit and Per) Tj ET Q q 0 0 0 rg BT 375.23 718.25 Td ( Unit Data\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 670.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 670.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 670.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 670.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 670.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 644.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 644.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 644.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 644.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 644.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 644.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 618.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 618.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 618.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 618.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 618.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 618.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 592.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 592.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 592.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 592.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 592.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 592.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 566.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 566.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 566.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 566.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 566.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 566.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 540.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 540.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 540.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 540.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 540.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 540.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 514.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 514.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 514.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 514.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 514.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 514.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 478.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 478.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 478.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 478.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 478.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 478.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 452.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 452.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 452.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 452.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 452.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 452.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 426.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 426.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 426.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 426.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 426.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 426.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 400.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 400.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 400.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 400.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 400.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 400.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 374.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 374.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 374.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 374.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 374.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 374.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 348.95 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 348.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 348.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 348.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 348.95 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 348.95 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 320.95 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 320.95 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 320.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 320.95 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 320.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 320.95 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.95 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 374.50 290.95 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 290.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 290.95 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 498.50 290.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 502.50 290.95 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 683.95 m 434.5 683.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434.5 683.95 m 438.5 683.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 683.95 m 498.5 683.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 498.5 683.95 m 502.5 683.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 683.95 m 562.5 683.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 670.95 m 434.5 670.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 670.95 m 498.5 670.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 670.95 m 562.5 670.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 631.95 m 434.5 631.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 631.95 m 498.5 631.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 631.95 m 562.5 631.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 618.95 m 434.5 618.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 618.95 m 498.5 618.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 618.95 m 562.5 618.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 553.95 m 434.5 553.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 553.95 m 498.5 553.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 553.95 m 562.5 553.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 553.95 m 498.5 553.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 553.95 m 562.5 553.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 527.95 m 434.5 527.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 527.95 m 498.5 527.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 527.95 m 562.5 527.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 452.95000000000005 m 434.5 452.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 452.95000000000005 m 498.5 452.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 452.95000000000005 m 562.5 452.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 452.95000000000005 m 498.5 452.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 452.95000000000005 m 562.5 452.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 426.95000000000005 m 434.5 426.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 413.95000000000005 m 434.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 426.95000000000005 m 498.5 426.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 413.95000000000005 m 498.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 426.95000000000005 m 562.5 426.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 413.95000000000005 m 562.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 413.95000000000005 m 434.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 413.95000000000005 m 498.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 413.95000000000005 m 562.5 413.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 374.95000000000005 m 434.5 374.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 374.95000000000005 m 498.5 374.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 374.95000000000005 m 562.5 374.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 374.95000000000005 m 498.5 374.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 374.95000000000005 m 562.5 374.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 348.95000000000005 m 434.5 348.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 348.95000000000005 m 498.5 348.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 348.95000000000005 m 562.5 348.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 348.95000000000005 m 434.5 348.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 336.95000000000005 m 434.5 336.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 374.5 334.95000000000005 m 434.5 334.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 348.95000000000005 m 498.5 348.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 336.95000000000005 m 498.5 336.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 334.95000000000005 m 498.5 334.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 348.95000000000005 m 562.5 348.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 336.95000000000005 m 562.5 336.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 502.5 334.95000000000005 m 562.5 334.95000000000005 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 688.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 423.70 688.18 Td (Y) Tj ET Q q 0 0 0 rg BT 429.03 688.18 Td (ear) Tj ET Q q 0 0 0 rg BT 439.62 688.18 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 500.35 688.18 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 675.20 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 396.00 675.18 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.00 675.18 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.00 675.18 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 661.68 Td (Revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 648.52 Td (Service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 648.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 648.52 Td (1,206,981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 648.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 648.52 Td (1,128,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 648.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 648.52 Td (1,083,165) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 635.52 Td (Product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 635.52 Td (754,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 635.52 Td (685,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 635.52 Td (673,517) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 84.50 622.68 Td (T) Tj ET Q q 0 0 0 rg BT 90.25 622.68 Td (otal r) Tj ET Q q 0 0 0 rg BT 113.12 622.68 Td (evenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 622.52 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 622.52 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 622.52 Td (1,756,682) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 609.68 Td (Costs and expenses:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 596.52 Td (Costs associated with service revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 583.52 Td (Operating expenses \(excluding depreciation and amortization expense\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 570.52 Td (Third parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 570.52 Td (488,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 570.52 Td (449,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 570.52 Td (426,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 557.52 Td (Related party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 557.52 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 557.52 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 557.52 Td (21,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 544.52 Td (T) Tj ET Q q 0 0 0 rg BT 82.76 544.52 Td (otal operating expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 544.52 Td (488,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 544.52 Td (449,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 544.52 Td (448,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 531.52 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 531.52 Td (288,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 531.52 Td (255,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 531.52 Td (208,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 518.52 Td (T) Tj ET Q q 0 0 0 rg BT 94.41 518.52 Td (otal costs associated with service revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 518.52 Td (777,173) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 518.52 Td (705,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 518.52 Td (656,584) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 505.52 Td (Cost of product sales) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 505.52 Td (705,946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 505.52 Td (651,599) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 505.52 Td (633,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 492.52 Td (General and administrative expenses \(excluding depreciation and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 482.52 Td (amortization expense\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 469.52 Td (Third parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 469.52 Td (106,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 469.52 Td (1) Tj ET Q q 0 0 0 rg BT 467.15 469.52 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 469.52 Td (88,324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.00 456.52 Td (Related party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 456.52 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 456.52 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 456.52 Td (10,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 443.52 Td (T) Tj ET Q q 0 0 0 rg BT 94.41 443.52 Td (otal general and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 443.52 Td (106,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 443.52 Td (1) Tj ET Q q 0 0 0 rg BT 467.15 443.52 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 443.52 Td (98,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 430.52 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 430.52 Td (8,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 430.52 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 430.52 Td (8,519) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 71.00 417.68 Td (T) Tj ET Q q 0 0 0 rg BT 76.75 417.68 Td (otal costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.60 417.52 Td (1,598,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.60 417.52 Td (1,477,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 417.52 Td (1,397,573) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 404.68 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 404.52 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 404.52 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 404.52 Td (359,109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 391.52 Td (Interest expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 391.57 Td (\(186,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 391.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 391.57 Td (\(173,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 391.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 391.57 Td (\(138,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 391.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 378.52 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 378.52 Td (39,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.80 378.57 Td (\(5,294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.65 378.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 378.57 Td (\(58,783) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 378.52 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 365.52 Td (Income before income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 365.52 Td (217,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 365.52 Td (157,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 365.52 Td (161,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 352.52 Td (Income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.15 352.52 Td (1) Tj ET Q q 0 0 0 rg BT 408.15 352.52 Td (1,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 352.52 Td (9,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 352.52 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 352.52 Td (1,973) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 339.68 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 339.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 339.52 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 339.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 339.52 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 339.52 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 339.52 Td (150,003) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 310.63 Td (Basic and diluted net \(loss\) income per) Tj ET Q q 0 0 0 rg BT 217.27 310.63 Td ( common unit \(Note 21\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.00 310.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 310.67 Td (\(2.77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 310.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.00 310.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 310.62 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 310.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 310.62 Td (1.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 295.62 Td (Basic weighted-average common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.60 295.62 Td (99,490,495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.60 295.62 Td (88,825,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 295.62 Td (78,080,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 280.62 Td (Diluted weighted-average common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.60 280.62 Td (99,531,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.60 280.62 Td (88,825,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 280.62 Td (78,1) Tj ET Q q 0 0 0 rg BT 531.10 280.62 Td (13,002) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.75 255.45 Td (See Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 145 0 obj <> endobj 146 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (72) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 742.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 742.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 742.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 742.25 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 154.75 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 214.57 730.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 249.13 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 255.60 730.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 320.52 730.25 Td ( COMPREHENSIVE INCOME) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 718.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 669.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 669.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 669.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 669.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 669.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 669.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 634.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 634.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 634.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 634.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 634.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 634.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 594.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 594.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 594.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 594.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 594.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 594.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 564.75 324.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 564.75 60.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 564.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 564.75 60.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 564.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 564.75 60.00 -20.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 682.75 m 433.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 682.75 m 437.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 682.75 m 497.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 682.75 m 501.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 682.75 m 561.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 682.75 m 433.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 669.75 m 433.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 682.75 m 437.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 682.75 m 497.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 669.75 m 497.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 682.75 m 501.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 682.75 m 561.5 682.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 669.75 m 561.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 669.75 m 433.5 669.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 579.75 m 433.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 564.75 m 433.5 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 579.75 m 497.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 564.75 m 497.5 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 579.75 m 561.5 579.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 564.75 m 561.5 564.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 545.75 m 433.5 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 543.75 m 433.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 545.75 m 497.5 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 543.75 m 497.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 545.75 m 561.5 545.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 543.75 m 561.5 543.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.70 686.98 Td (Y) Tj ET Q q 0 0 0 rg BT 428.03 686.98 Td (ear) Tj ET Q q 0 0 0 rg BT 438.62 686.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 499.35 686.98 Td (31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.00 673.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.00 673.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.00 673.98 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 659.43 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 659.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 659.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 659.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 659.42 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 659.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 659.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 639.42 Td (Other comprehensive income \(loss\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.00 624.42 Td (Foreign currency translation adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 624.42 Td (4,304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 624.42 Td (17,466) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 624.47 Td (\(8,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 624.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.00 609.42 Td (Net gain \(loss\) on pension and other postretirement benefit adjustments, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 599.42 Td (of income tax \(expense\) benefit of \($94\), $184 and $60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 599.42 Td (2,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 599.47 Td (\(6,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 599.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 599.47 Td (\(2,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 599.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.00 584.42 Td (Net gain \(loss\) on cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 584.42 Td (23,41) Tj ET Q q 0 0 0 rg BT 424.65 584.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 584.47 Td (\(2,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 584.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 584.42 Td (5,710) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 569.43 Td (T) Tj ET Q q 0 0 0 rg BT 58.21 569.43 Td (otal other) Tj ET Q q 0 0 0 rg BT 99.04 569.43 Td ( compr) Tj ET Q q 0 0 0 rg BT 129.13 569.43 Td (ehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 569.42 Td (30,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 569.42 Td (9,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 569.47 Td (\(5,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 569.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 549.43 Td (Compr) Tj ET Q q 0 0 0 rg BT 82.37 549.43 Td (ehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 549.42 Td (235,843) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 549.42 Td (157,214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 549.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 549.42 Td (144,620) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.75 524.25 Td (See Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 147 0 obj <> endobj 148 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (73) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 742.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 742.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 742.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 742.25 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 188.65 730.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 248.47 730.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 283.02 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 289.50 730.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 354.42 730.25 Td ( CASH FLOWS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 718.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 681.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 681.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 681.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 681.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 681.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 681.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 653.75 324.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 653.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 653.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 653.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 653.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 653.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 617.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 617.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 617.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 617.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 617.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 617.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 591.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 591.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 591.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 591.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 591.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 591.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 565.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 565.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 565.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 565.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 565.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 565.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 539.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 539.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 539.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 539.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 539.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 539.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 513.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 513.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 513.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 513.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 513.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 513.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 487.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 487.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 487.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 487.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 487.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 487.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 461.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 461.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 461.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 461.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 461.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 461.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 435.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 435.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 435.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 435.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 435.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 435.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 409.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 409.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 409.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 409.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 409.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 409.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 383.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 383.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 383.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 383.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 383.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 383.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 357.75 324.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 357.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 357.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 357.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 357.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 329.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 329.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 329.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 329.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 329.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 329.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 303.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 303.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 303.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 303.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 303.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 303.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 277.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 277.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 277.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 277.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 277.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 277.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 251.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 251.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 251.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 251.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 251.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 251.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 225.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 225.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 225.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 225.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 225.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 225.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 199.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 199.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 199.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 199.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 199.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 199.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 173.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 173.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 173.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 173.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 173.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 173.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 147.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 147.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 147.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 147.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 147.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 147.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 121.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 121.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 121.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 121.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 121.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 121.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 95.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 95.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 95.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 95.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 95.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 95.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 69.75 324.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.50 69.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 69.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 69.75 60.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 69.75 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 69.75 60.00 -13.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 694.75 m 433.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 433.5 694.75 m 437.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 694.75 m 497.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 694.75 m 501.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 694.75 m 561.5 694.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 681.75 m 433.5 681.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 681.75 m 497.5 681.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 681.75 m 561.5 681.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 474.75 m 433.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 474.75 m 497.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 474.75 m 561.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 461.75 m 433.5 461.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 474.75 m 497.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 461.75 m 497.5 461.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 474.75 m 561.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 461.75 m 561.5 461.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 357.75 m 433.5 357.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 342.75 m 433.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 357.75 m 497.5 357.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 342.75 m 497.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 357.75 m 561.5 357.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 342.75 m 561.5 342.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 121.75 m 433.5 121.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 108.75 m 433.5 108.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 121.75 m 497.5 121.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 108.75 m 497.5 108.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 121.75 m 561.5 121.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 108.75 m 561.5 108.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 95.75 m 433.5 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 95.75 m 497.5 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 95.75 m 561.5 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 69.75 m 433.5 69.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 69.75 m 497.5 69.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 69.75 m 561.5 69.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 57.75 m 433.5 57.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373.5 55.75 m 433.5 55.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 69.75 m 497.5 69.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 57.75 m 497.5 57.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 55.75 m 497.5 55.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 69.75 m 561.5 69.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 57.75 m 561.5 57.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 55.75 m 561.5 55.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 699.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 422.70 698.98 Td (Y) Tj ET Q q 0 0 0 rg BT 428.03 698.98 Td (ear) Tj ET Q q 0 0 0 rg BT 438.62 698.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 499.35 698.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 686.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.00 685.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 459.00 685.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 523.00 685.98 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 671.43 Td (Cash Flows fr) Tj ET Q q 0 0 0 rg BT 111.35 671.43 Td (om Operating ) Tj ET Q q 0 0 0 rg BT 173.20 671.43 Td (Activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 657.32 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 657.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 657.32 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 657.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 657.32 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 657.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 657.32 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 644.32 Td (Adjustments to reconcile net income to net cash provided by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.00 634.32 Td (operating activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 621.32 Td (Depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 621.32 Td (297,874) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 621.32 Td (264,232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 621.32 Td (216,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 608.32 Td (Unit-based compensation expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 608.32 Td (12,004) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 608.32 Td (8,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 608.32 Td (7,579) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 595.32 Td (Amortization of debt related items) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 595.32 Td (7,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 595.32 Td (6,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 595.32 Td (7,477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 582.32 Td (Loss from sale of European operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 582.32 Td (43,366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 582.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 582.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 569.32 Td (\(Gain\) loss from sale or disposition of assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 569.37 Td (\(2,094) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 569.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 569.32 Td (4,984) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 569.32 Td (64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 556.32 Td (Gain from insurance recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 556.37 Td (\(78,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 556.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 556.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 556.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 543.32 Td (Impairment loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 543.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 543.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 543.32 Td (58,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 530.32 Td (Deferred income tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 530.32 Td (2,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 530.32 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 530.37 Td (\(469) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 530.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 517.32 Td (Changes in current assets and current liabilities \(Note 22\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 517.32 Td (78,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 517.37 Td (\(26,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 517.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 517.32 Td (3,716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 504.32 Td (\(Increase\) decrease in other long-term assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 504.37 Td (\(3,029) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 504.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 504.32 Td (943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 504.32 Td (18,021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 491.32 Td (\(Decrease\) increase in other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 491.37 Td (\(17,832) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 491.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 491.32 Td (2,414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 491.37 Td (\(23,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 491.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 478.32 Td (Other) Tj ET Q q 0 0 0 rg BT 80.37 478.32 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.30 478.37 Td (\(813) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 478.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 478.37 Td (\(1,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 478.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 478.37 Td (\(1,613) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 478.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.00 465.48 Td (Net cash pr) Tj ET Q q 0 0 0 rg BT 118.79 465.48 Td (ovided by operating activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 465.32 Td (544,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 465.32 Td (406,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 465.32 Td (436,761) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 452.48 Td (Cash Flows fr) Tj ET Q q 0 0 0 rg BT 111.35 452.48 Td (om Investing ) Tj ET Q q 0 0 0 rg BT 168.77 452.48 Td (Activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 439.32 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 439.37 Td (\(457,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 439.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 439.37 Td (\(384,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 439.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 439.37 Td (\(204,358) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 439.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 426.32 Td (Change in accounts payable related to capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 426.37 Td (\(7,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 426.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 426.32 Td (36,903) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 426.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 535.13 426.37 Td (1,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 426.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 413.32 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 413.37 Td (\(37,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 413.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.30 413.37 Td (\(1,461,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 413.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 413.37 Td (\(95,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 413.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 400.32 Td (Proceeds from ) Tj ET Q q 0 0 0 rg BT 112.26 400.32 Td (Axeon term loan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 400.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 400.32 Td (1) Tj ET Q q 0 0 0 rg BT 466.15 400.32 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 400.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 387.32 Td (Proceeds from insurance recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 387.32 Td (78,419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.65 387.32 Td (977) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 387.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 374.32 Td (Proceeds from sale of European operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 374.32 Td (266,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 374.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 374.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 361.32 Td (Proceeds from sale or disposition of assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 361.32 Td (3,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 361.32 Td (2,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 361.32 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.00 348.48 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 347.47 Td (\(153,778) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 347.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.30 347.47 Td (\(1,696,441) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 347.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 347.47 Td (\(31) Tj ET Q q 0 0 0 rg BT 535.13 347.47 Td (1,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 347.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 333.48 Td (Cash Flows fr) Tj ET Q q 0 0 0 rg BT 111.26 333.48 Td (om Financing ) Tj ET Q q 0 0 0 rg BT 171.83 333.48 Td (Activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 320.32 Td (Proceeds from long-term debt borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 320.32 Td (1,254,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 320.32 Td (1,465,767) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 320.32 Td (752,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 307.32 Td (Proceeds from short-term debt borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 307.32 Td (618,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 307.32 Td (1,051,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 307.32 Td (654,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 294.32 Td (Proceeds from note of) Tj ET Q q 0 0 0 rg BT 140.49 294.32 Td (fering, net of issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 294.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 294.32 Td (543,333) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 294.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 281.32 Td (Long-term debt repayments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.30 281.37 Td (\(1,746,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 281.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.30 281.37 Td (\(1,417,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 281.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 281.37 Td (\(772,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 281.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 268.32 Td (Short-term debt repayments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 268.37 Td (\(635,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 268.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.30 268.37 Td (\(1,070,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 268.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 268.37 Td (\(684,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 268.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 255.32 Td (Proceeds from issuance of Series D preferred units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 255.32 Td (590,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 255.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 255.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 242.32 Td (Payment of issuance costs for Series D preferred units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 242.37 Td (\(34,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 242.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 242.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 242.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 229.32 Td (Proceeds from issuance of other preferred units, net of issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 229.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 229.32 Td (538,560) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 229.32 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 216.32 Td (Proceeds from issuance of common units, net of issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 216.32 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.15 216.32 Td (643,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 216.32 Td (27,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 203.32 Td (Contributions from general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.65 203.32 Td (204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 203.32 Td (13,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 203.32 Td (680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 190.32 Td (Distributions to preferred unitholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 190.37 Td (\(90,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 190.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 190.37 Td (\(38,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 190.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 190.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 177.32 Td (Distributions to common unitholders and general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 177.37 Td (\(300,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 177.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.80 177.37 Td (\(446,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 177.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 177.37 Td (\(392,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 177.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 164.32 Td (Cash consideration for Mer) Tj ET Q q 0 0 0 rg BT 161.60 164.32 Td (ger \(Note 4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 164.37 Td (\(67,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 164.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 164.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 164.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 151.32 Td (Proceeds from termination of interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 151.32 Td (8,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.65 151.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 151.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 138.32 Td (Increase \(decrease\) in cash book overdrafts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.15 138.32 Td (2,935) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 138.32 Td (1,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 138.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 535.13 138.37 Td (1,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 138.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 125.32 Td (Other) Tj ET Q q 0 0 0 rg BT 74.57 125.32 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 125.37 Td (\(8,486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 125.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.80 125.37 Td (\(9,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 125.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 125.37 Td (\(4,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 125.32 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 70.00 112.48 Td (Net cash \(used in\) pr) Tj ET Q q 0 0 0 rg BT 158.15 112.48 Td (ovided by financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 112.37 Td (\(399,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 112.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.60 112.32 Td (1,276,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 112.37 Td (\(21) Tj ET Q q 0 0 0 rg BT 535.13 112.37 Td (1,324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 112.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 99.32 Td (Ef) Tj ET Q q 0 0 0 rg BT 61.26 99.32 Td (fect of foreign exchange rate changes on cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.80 99.37 Td (\(1,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 99.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.15 99.32 Td (1,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 99.32 Td (2,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 86.32 Td (Net decrease in cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.80 86.37 Td (\(10,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 429.65 86.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 86.37 Td (\(1) Tj ET Q q 0 0 0 rg BT 471.13 86.37 Td (1,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.65 86.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 86.37 Td (\(82,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 86.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 73.32 Td (Cash and cash equivalents as of the beginning of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 73.32 Td (24,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 73.32 Td (35,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 73.32 Td (1) Tj ET Q q 0 0 0 rg BT 530.15 73.32 Td (18,862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 60.32 Td (Cash and cash equivalents as of the end of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.00 60.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 60.32 Td (13,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 60.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 60.32 Td (24,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.00 60.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 60.32 Td (35,942) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 218.50 46.45 Td (See Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 149 0 obj <> endobj 150 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (74) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 740.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 740.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 740.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 740.25 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 740.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 108.65 728.25 Td (CONSOLIDA) Tj ET Q q 0 0 0 rg BT 168.47 728.25 Td (TED ST) Tj ET Q q 0 0 0 rg BT 203.03 728.25 Td (A) Tj ET Q q 0 0 0 rg BT 209.50 728.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 274.42 728.25 Td ( P) Tj ET Q q 0 0 0 rg BT 282.29 728.25 Td (AR) Tj ET Q q 0 0 0 rg BT 296.38 728.25 Td (TNERS) Tj ET Q q 0 0 0 rg BT 332.31 728.25 Td ( EQUITY) Tj ET Q q 0 0 0 rg BT 373.89 728.25 Td ( ) Tj ET Q q 0 0 0 rg BT 375.84 728.25 Td (AND MEZZANINE EQUITY) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.25 716.25 Td (Y) Tj ET Q q 0 0 0 rg BT 210.36 716.25 Td (ears Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.92 716.25 Td (December) Tj ET Q q 0 0 0 rg BT 304.05 716.25 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.55 716.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.55 716.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.55 716.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.67 716.25 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.67 716.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 704.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 632.75 138.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 632.75 48.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 632.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 632.75 53.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 632.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 632.75 48.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 632.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 632.75 59.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 632.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 632.75 48.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 632.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 632.75 45.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 632.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 632.75 50.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 597.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 597.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 597.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 597.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 597.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 597.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 597.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 597.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 567.75 138.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 567.75 48.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 567.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 567.75 53.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 567.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 567.75 48.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 567.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 567.75 59.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 567.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 567.75 48.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 567.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 567.75 45.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 567.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 567.75 50.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 520.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 520.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 520.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 520.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 520.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 520.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 520.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 520.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 520.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 485.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 485.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 485.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 485.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 485.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 485.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 485.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 485.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 455.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 455.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 455.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 455.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 455.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 455.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 455.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 455.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 408.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 408.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 408.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 408.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 408.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 408.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 408.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 408.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 378.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 378.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 378.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 378.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 378.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 378.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 378.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 378.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 343.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 343.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 343.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 343.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 343.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 343.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 343.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 343.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 343.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 313.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 313.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 313.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 313.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 313.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 313.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 313.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 313.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 313.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 313.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 313.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 313.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 313.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 313.75 50.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 266.75 138.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 266.75 48.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 266.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 266.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 266.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 266.75 48.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 266.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 266.75 59.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 266.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 266.75 48.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 266.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 266.75 45.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 266.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 266.75 50.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 228.75 138.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 228.75 48.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 228.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 228.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 228.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 228.75 48.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 228.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 228.75 59.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 228.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 228.75 48.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 228.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 228.75 45.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 228.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 228.75 50.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 182.75 138.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 188.00 182.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.00 182.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 240.00 182.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 293.00 182.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 297.00 182.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 182.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 349.00 182.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 408.00 182.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.00 182.75 48.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 182.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 182.75 45.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.00 182.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 513.00 182.75 50.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 672.75 m 236 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236 672.75 m 240 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 672.75 m 293 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 672.75 m 509 672.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 632.75 m 236 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 632.75 m 293 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 632.75 m 236 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 632.75 m 293 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 612.75 m 293 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 632.75 m 345 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 612.75 m 345 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 632.75 m 408 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 612.75 m 408 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 632.75 m 460 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 612.75 m 460 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 632.75 m 509 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 612.75 m 509 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 632.75 m 563 632.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 612.75 m 563 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 612.75 m 236 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 612.75 m 293 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 612.75 m 345 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 612.75 m 408 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 612.75 m 460 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 612.75 m 509 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 612.75 m 563 612.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 505.75 m 236 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 485.75 m 236 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 505.75 m 293 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 485.75 m 293 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 505.75 m 345 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 485.75 m 345 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 505.75 m 408 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 485.75 m 408 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 505.75 m 460 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 485.75 m 460 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 505.75 m 509 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 485.75 m 509 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 505.75 m 563 505.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 485.75 m 563 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 485.75 m 236 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 485.75 m 293 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 485.75 m 345 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 485.75 m 408 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 485.75 m 460 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 485.75 m 509 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 485.75 m 563 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 363.75 m 236 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 363.75 m 293 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 363.75 m 345 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 363.75 m 408 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 363.75 m 563 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 363.75 m 236 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 343.75 m 236 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 363.75 m 293 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 343.75 m 293 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 363.75 m 345 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 343.75 m 345 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 363.75 m 408 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 343.75 m 408 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 363.75 m 460 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 343.75 m 460 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 363.75 m 509 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 343.75 m 509 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 363.75 m 563 363.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 343.75 m 563 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 343.75 m 563 343.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 167.75 m 236 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 167.75 m 293 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 167.75 m 345 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 167.75 m 408 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 167.75 m 563 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 167.75 m 236 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 148.75 m 236 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 188 146.75 m 236 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 167.75 m 293 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 148.75 m 293 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 240 146.75 m 293 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 167.75 m 345 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 148.75 m 345 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 297 146.75 m 345 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 167.75 m 408 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 148.75 m 408 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 349 146.75 m 408 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 167.75 m 460 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 148.75 m 460 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412 146.75 m 460 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 167.75 m 509 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 148.75 m 509 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 146.75 m 509 146.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 167.75 m 563 167.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 148.75 m 563 148.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 513 146.75 m 563 146.75 l s BT /F2 7.00 Tf ET q 0 0 0 rg BT 214.20 676.81 Td (Limited Partners) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 469.85 683.81 Td (Mezzanine) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 475.85 676.81 Td (Equity) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 197.05 636.81 Td (Pr) Tj ET Q q 0 0 0 rg BT 204.37 636.81 Td (eferr) Tj ET Q q 0 0 0 rg BT 219.00 636.81 Td (ed) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 252.15 636.81 Td (Common) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 308.40 643.81 Td (General) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 308.90 636.81 Td (Partner) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 358.15 657.81 Td (Accumulated ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 369.10 650.81 Td (Other) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 354.70 643.81 Td (Compr) Tj ET Q q 0 0 0 rg BT 375.96 643.81 Td (ehensive) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 371.15 636.81 Td (Loss) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 427.80 657.81 Td (T) Tj ET Q q 0 0 0 rg BT 431.83 657.81 Td (otal ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 421.55 650.81 Td (Partners) Tj ET Q q 0 0 0 rg BT 449.41 650.81 Td ( ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 425.35 643.81 Td (Equity ) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 421.75 636.81 Td (\(Note 20\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 473.65 664.81 Td (Series D) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 471.55 657.81 Td (Pr) Tj ET Q q 0 0 0 rg BT 478.87 657.81 Td (eferr) Tj ET Q q 0 0 0 rg BT 493.50 657.81 Td (ed) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 474.10 650.81 Td (Limited) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 472.95 643.81 Td (Partners) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 472.25 636.81 Td (\(Note 19\)) Tj ET Q BT /F2 7.00 Tf ET q 0 0 0 rg BT 529.80 636.81 Td (T) Tj ET Q q 0 0 0 rg BT 533.83 636.81 Td (otal) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 617.20 Td (Balance as of January 1, 2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 190.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 617.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 242.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 253.50 617.21 Td (1,661,900) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.75 617.21 Td (36,738) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.75 617.21 Td (\(88,794) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.50 617.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.50 617.21 Td (1,609,844) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 617.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.50 617.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.50 617.21 Td (1,609,844) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 604.01 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 212.25 602.21 Td (1,925) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 260.25 602.21 Td (102,580) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.75 602.21 Td (45,498) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 602.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 602.21 Td (150,003) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 602.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 602.21 Td (150,003) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 589.01 Td (Other comprehensive loss) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 587.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.50 587.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 587.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 381.25 587.21 Td (\(5,383) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.50 587.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.25 587.21 Td (\(5,383) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 587.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 587.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 536.25 587.21 Td (\(5,383) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 587.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 574.01 Td (Distributions to partners) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 209.25 572.21 Td (\(1,925) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 232.50 572.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 572.21 Td (\(341,798) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 572.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.75 572.21 Td (\(51,164) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.50 572.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 572.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.25 572.21 Td (\(394,887) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 572.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 572.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 572.21 Td (\(394,887) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 572.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 559.01 Td (Issuance of common units,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 550.01 Td (including contribution from) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 541.01 Td (general partner) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 540.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 264.75 540.21 Td (27,710) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 328.00 540.21 Td (575) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 540.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.75 540.21 Td (28,285) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 540.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 540.21 Td (28,285) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 527.01 Td (Issuance of preferred units) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 203.25 525.21 Td (218,400) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.50 525.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 525.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 525.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 525.21 Td (218,400) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 525.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 525.21 Td (218,400) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 512.01 Td (Unit-based compensation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 510.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.25 510.21 Td (5,250) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 328.00 510.21 Td (105) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 510.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.25 510.21 Td (5,355) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 510.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.25 510.21 Td (5,355) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 490.20 Td (Balance as of December) Tj ET Q q 0 0 0 rg BT 144.06 490.20 Td (31, 2016) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 203.25 490.21 Td (218,400) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 253.50 490.21 Td (1,455,642) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.75 490.21 Td (31,752) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.75 490.21 Td (\(94,177) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.50 490.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.50 490.21 Td (1,61) Tj ET Q q 0 0 0 rg BT 436.25 490.21 Td (1,617) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 490.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.50 490.21 Td (1,61) Tj ET Q q 0 0 0 rg BT 539.25 490.21 Td (1,617) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 477.01 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 207.75 475.21 Td (40,448) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 264.75 475.21 Td (60,610) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.75 475.21 Td (46,906) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 475.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 475.21 Td (147,964) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 475.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 475.21 Td (147,964) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 462.01 Td (Other comprehensive income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 460.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.50 460.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 460.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 384.25 460.21 Td (9,250) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.25 460.21 Td (9,250) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 460.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.25 460.21 Td (9,250) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 447.01 Td (Distributions to partners) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.75 445.21 Td (\(40,448) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 232.50 445.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 445.21 Td (\(391,737) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 445.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.75 445.21 Td (\(54,569) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.50 445.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.25 445.21 Td (\(486,754) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 445.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 445.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 445.21 Td (\(486,754) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 445.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 432.01 Td (Issuance of common units,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 423.01 Td (including contribution from) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 414.01 Td (general partner) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 413.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 260.25 413.21 Td (643,878) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.75 413.21 Td (13,597) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 413.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 413.21 Td (657,475) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 413.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 413.21 Td (657,475) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 400.01 Td (Issuance of preferred units) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 203.25 398.21 Td (538,560) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.50 398.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 398.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 398.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 398.21 Td (538,560) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 398.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 398.21 Td (538,560) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 385.01 Td (Unit-based compensation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 383.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.25 383.21 Td (2,516) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 328.00 383.21 Td (140) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 383.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.25 383.21 Td (2,656) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 383.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.25 383.21 Td (2,656) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 370.01 Td (Other) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 216.00 368.21 Td (\(357) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 232.50 368.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 273.00 368.21 Td (\(322) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 368.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 368.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 368.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 440.00 368.21 Td (\(679) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 368.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 368.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 543.00 368.21 Td (\(679) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 368.21 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 348.20 Td (Balance as of December) Tj ET Q q 0 0 0 rg BT 144.06 348.20 Td (31, 2017) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 203.25 348.21 Td (756,603) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 253.50 348.21 Td (1,770,587) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 316.75 348.21 Td (37,826) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.75 348.21 Td (\(84,927) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.50 348.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.50 348.21 Td (2,480,089) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 348.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.50 348.21 Td (2,480,089) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 335.01 Td (Net income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 207.75 333.21 Td (64,091) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 260.25 333.21 Td (1) Tj ET Q q 0 0 0 rg BT 264.75 333.21 Td (10,788) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 321.25 333.21 Td (2,466) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 333.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 427.25 333.21 Td (177,345) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 480.75 333.21 Td (28,449) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 333.21 Td (205,794) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 320.01 Td (Other comprehensive income) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 318.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.50 318.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 318.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 379.75 318.21 Td (30,049) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.75 318.21 Td (30,049) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 318.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 318.21 Td (30,049) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 305.01 Td (Distributions to partners) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 204.75 303.21 Td (\(64,091) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 232.50 303.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 257.25 303.21 Td (\(286,398) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 303.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.75 303.21 Td (\(14,379) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.50 303.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 303.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 424.25 303.21 Td (\(364,868) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 303.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 477.75 303.21 Td (\(28,449) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 505.50 303.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 527.25 303.21 Td (\(393,317) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 303.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 290.01 Td (Issuance of common units,) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 281.01 Td (including contribution from) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 272.01 Td (general partner) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 271.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 264.75 271.21 Td (10,000) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 328.00 271.21 Td (204) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 271.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 431.75 271.21 Td (10,204) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 271.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 534.75 271.21 Td (10,204) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 258.01 Td (Issuance of Series D preferred) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 63.00 249.01 Td (units) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 248.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 280.50 248.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 248.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 248.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 447.50 248.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.25 248.21 Td (555,797) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 530.25 248.21 Td (555,797) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 235.01 Td (Unit-based compensation) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 233.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 269.25 233.21 Td (7,925) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 233.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 233.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 436.25 233.21 Td (7,925) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 233.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 539.25 233.21 Td (7,925) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 220.01 Td (Adjustments related to the Mer) Tj ET Q q 0 0 0 rg BT 170.39 220.01 Td (ger) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 211.01 Td (\(refer to Note 4 for discussion\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 210.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 261.75 210.21 Td (\(41,973) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 210.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 313.75 210.21 Td (\(25,999) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.50 210.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 210.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 428.75 210.21 Td (\(67,972) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 210.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 210.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 531.75 210.21 Td (\(67,972) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 210.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 197.01 Td (Series D Preferred Unit accretion) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 188.01 Td (\(refer to Note 19 for discussion\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 223.50 187.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 266.25 187.21 Td (\(8,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 187.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 187.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 187.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.25 187.21 Td (\(8,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 187.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 485.25 187.21 Td (8,195) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 550.50 187.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 58.50 174.01 Td (Other) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 216.00 172.21 Td (\(302) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 232.50 172.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 266.25 172.21 Td (\(6,426) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 289.50 172.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 325.00 172.21 Td (\(1) Tj ET Q q 0 0 0 rg BT 332.50 172.21 Td (18) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 341.50 172.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 395.50 172.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 433.25 172.21 Td (\(6,846) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 456.50 172.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 496.50 172.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 536.25 172.21 Td (\(6,846) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 559.50 172.21 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 52.50 152.20 Td (Balance as of December) Tj ET Q q 0 0 0 rg BT 144.06 152.20 Td (31, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 190.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 203.25 152.21 Td (756,301) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 242.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 253.50 152.21 Td (1,556,308) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 299.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 332.50 152.21 Td () Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 351.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 376.75 152.21 Td (\(54,878) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 404.50 152.21 Td (\)) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 414.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 420.50 152.21 Td (2,257,731) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 466.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 476.25 152.21 Td (563,992) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 515.50 152.21 Td ($) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 523.50 152.21 Td (2,821,723) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 218.50 128.45 Td (See Notes to Consolidated Financial Statements.) Tj ET Q endstream endobj 151 0 obj <> endobj 152 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (75) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 742.25 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 742.25 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 742.25 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 742.25 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 742.25 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 175.30 730.25 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 211.52 730.25 Td (T) Tj ET Q q 0 0 0 rg BT 218.01 730.25 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 288.11 730.25 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 367.29 730.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 381.28 730.25 Td (A) Tj ET Q q 0 0 0 rg BT 387.76 730.25 Td (TEMENTS) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 204.25 718.25 Td (Y) Tj ET Q q 0 0 0 rg BT 210.36 718.25 Td (ears Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 260.92 718.25 Td (December) Tj ET Q q 0 0 0 rg BT 304.05 718.25 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 341.55 718.25 Td (, ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.55 718.25 Td (2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 366.55 718.25 Td ( and ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 387.67 718.25 Td (2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 407.67 718.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 694.25 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 55.00 694.25 Td (. ORGANIZA) Tj ET Q q 0 0 0 rg BT 114.26 694.25 Td (TION ) Tj ET Q q 0 0 0 rg BT 141.77 694.25 Td (AND OPERA) Tj ET Q q 0 0 0 rg BT 200.20 694.25 Td (TIONS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (Organization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 661.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 125.09 661.25 Td (. \(NYSE: NS\) is engaged in the transportation of petroleum products and anhydrous ammonia, and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.25 Td (terminalling, storage and marketing of petroleum products. Unless otherwise indicated, the terms NuStar Ener) Tj ET Q q 0 0 0 rg BT 494.69 649.25 Td (gy) Tj ET Q q 0 0 0 rg BT 504.04 649.25 Td (, NS, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (Partnership, we, our and us are used in this report to refer to NuStar Ener) Tj ET Q q 0 0 0 rg BT 373.03 637.25 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 398.59 637.25 Td (., to one or more of our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.25 Td (subsidiaries or to all of them taken as a whole. ) Tj ET Q q 0 0 0 rg BT 237.46 625.25 Td (As a result of the mer) Tj ET Q q 0 0 0 rg BT 323.64 625.25 Td (ger described below) Tj ET Q q 0 0 0 rg BT 403.51 625.25 Td (, NuStar GP) Tj ET Q q 0 0 0 rg BT 451.75 625.25 Td ( Holdings, LLC \(NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 613.25 Td (GP) Tj ET Q q 0 0 0 rg BT 62.41 613.25 Td ( Holdings or NSH\), which indirectly owns our general partner) Tj ET Q q 0 0 0 rg BT 310.29 613.25 Td (, became a wholly owned subsidiary of ours on July 20, 2018.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 589.25 Td (Recent Developments) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 577.25 Td (Sale of Eur) Tj ET Q q 0 0 0 rg BT 94.62 577.25 Td (opean Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.56 577.25 Td (On November 30, 2018, we sold our European operations to Inter ) Tj ET Q q 0 0 0 rg BT 436.60 577.25 Td (T) Tj ET Q q 0 0 0 rg BT 442.01 577.25 Td (erminals, Ltd. for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 565.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 565.25 Td ($270.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.15 565.25 Td (. ) Tj ET Q q 0 0 0 rg BT 173.97 565.25 Td (The operations sold include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.28 565.25 Td (six liquids storage terminals in the United Kingdom and one facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 553.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 553.25 Td (Amsterdam) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.38 553.25 Td (. ) Tj ET Q q 0 0 0 rg BT 111.20 553.25 Td (W) Tj ET Q q 0 0 0 rg BT 119.84 553.25 Td (e recognized a non-cash loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.57 553.25 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.46 553.25 Td ( related to the sale in Other income \(expense\), net on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.25 Td (consolidated statement of income for the year ended December 31, 2018. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.80 541.25 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 541.25 Td ( for further discussion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.25 Td (sale.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 505.25 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.29 505.25 Td (ger) Tj ET Q q 0 0 0 rg BT 78.51 505.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.51 505.25 Td (On July 20, 2018, we completed the mer) Tj ET Q q 0 0 0 rg BT 245.80 505.25 Td (ger of NSH with a subsidiary of NS. Under the terms of the mer) Tj ET Q q 0 0 0 rg BT 501.67 505.25 Td (ger agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 493.25 Td (NSH unitholders received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.36 493.25 Td (0.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.86 493.25 Td ( of a common unit representing a limited partner interest in NS in exchange for each NSH unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 481.25 Td (owned at the ef) Tj ET Q q 0 0 0 rg BT 111.18 481.25 Td (fective time of the mer) Tj ET Q q 0 0 0 rg BT 202.07 481.25 Td (ger) Tj ET Q q 0 0 0 rg BT 214.29 481.25 Td (. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.92 481.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.92 481.25 Td ( for further discussion of the mer) Tj ET Q q 0 0 0 rg BT 437.37 481.25 Td (ger) Tj ET Q q 0 0 0 rg BT 449.58 481.25 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 457.25 Td (Issuances of Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.83 457.25 Td ( In June and July of 2018, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.59 457.25 Td (23,246,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.59 457.25 Td ( Series D Cumulative Convertible Preferred Units \(Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.25 Td (Preferred Units\) at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.17 445.25 Td ($25.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.67 445.25 Td ( per unit in a private placement for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.31 445.25 Td ($555.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.20 445.25 Td (. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.08 445.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.08 445.25 Td ( for further ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.25 Td (discussion. On June 29, 2018, we also issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.49 433.25 Td (413,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.99 433.25 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.90 433.25 Td ($24.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.40 433.25 Td ( per unit to ) Tj ET Q q 0 0 0 rg BT 450.33 433.25 Td (W) Tj ET Q q 0 0 0 rg BT 459.37 433.25 Td (illiam E. Greehey) Tj ET Q q 0 0 0 rg BT 529.52 433.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.25 Td (Chairman of the Board of Directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 248.29 421.25 Td (, LLC. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 397.25 Td (Hurricane ) Tj ET Q q 0 0 0 rg BT 93.98 397.25 Td (Activity) Tj ET Q q 0 0 0 rg BT 123.96 397.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.46 397.25 Td ( In the third quarter of 2017, several of our facilities were af) Tj ET Q q 0 0 0 rg BT 366.46 397.25 Td (fected by the hurricanes in the Caribbean and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 385.25 Td (Gulf of Mexico, including our St. Eustatius terminal, which experienced the most damage and was temporarily shut down. ) Tj ET Q q 0 0 0 rg BT 542.49 385.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 373.25 Td (damage caused by the Caribbean hurricane resulted in lower revenues for our bunker fuel operations in our fuels marketing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 361.25 Td (segment and lower throughput and associated handling fees in our storage segment in 2017 and in the first quarter of 2018. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 349.25 Td (2017, we recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.57 349.25 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.47 349.25 Td ( loss in Other income \(expense\), net in the consolidated statements of income for property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 337.25 Td (damage at the terminal, which represents the amount of our property deductible under our insurance policy) Tj ET Q q 0 0 0 rg BT 476.98 337.25 Td (, and we received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.25 Td ($12.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.89 325.25 Td ( of insurance proceeds, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.34 325.25 Td ($3.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.23 325.25 Td ( was for business interruption. In January 2018, we received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.50 325.25 Td ($87.5 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.25 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 313.25 Td ( of insurance proceeds in settlement of our property damage claim for our St. Eustatius terminal, of which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.88 313.25 Td ($9.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.77 313.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.25 Td (related to business interruption. Proceeds from business interruption insurance are included in Operating expenses in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.25 Td (consolidated statements of income and in Cash flows from operating activities in the consolidated statements of cash flows. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 277.25 Td (e recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.99 277.25 Td ($78.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.88 277.25 Td ( gain in Other income \(expense\), net in the consolidated statements of income in the first quarter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (of 2018 for the amount by which the insurance proceeds exceeded our expenses incurred during the period. ) Tj ET Q q 0 0 0 rg BT 480.97 265.25 Td (Although the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.25 Td (repairs are not complete, we expect that the costs to repair the property damage at the terminal will not exceed the amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.25 Td (insurance proceeds received. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 217.25 Td (Other Events) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 205.25 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 92.88 205.25 Td (Acquisition and Financing T) Tj ET Q q 0 0 0 rg BT 207.04 205.25 Td (ransactions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.71 205.25 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.43 205.25 Td (May4, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.26 205.25 Td (, we acquired Navigator Ener) Tj ET Q q 0 0 0 rg BT 441.53 205.25 Td (gy Services, LLC for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 193.25 Td ($1.5 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.37 193.25 Td ( \(the Navigator ) Tj ET Q q 0 0 0 rg BT 218.85 193.25 Td (Acquisition\). In order to fund the purchase price, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.78 193.25 Td (14,375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.78 193.25 Td ( common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.25 Td (units for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.69 181.25 Td ($657.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 208.58 181.25 Td (, issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.08 181.25 Td ($550.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.98 181.25 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.31 181.25 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.14 181.25 Td ( senior notes for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.93 181.25 Td ($543.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.82 181.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.25 Td (issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 77.50 169.25 Td (15,400,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.50 169.25 Td ( of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.66 169.25 Td (7.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.49 169.25 Td ( Series B Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units \(Series B ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 157.25 Td (Preferred Units\) for net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.94 157.25 Td ($371.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.83 157.25 Td (. Please refer to Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.36 157.25 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.36 157.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.36 157.25 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.36 157.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.79 157.25 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.79 157.25 Td ( for further discussion.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 133.25 Td (Axeon T) Tj ET Q q 0 0 0 rg BT 82.13 133.25 Td (erm Loan.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.24 133.25 Td ( On February 22, 2017, we settled and terminated the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.74 133.25 Td ($190.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.63 133.25 Td ( term loan to ) Tj ET Q q 0 0 0 rg BT 450.40 133.25 Td (Axeon Specialty Products, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.25 Td (LLC \(the ) Tj ET Q q 0 0 0 rg BT 88.88 121.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 117.86 121.25 Td (T) Tj ET Q q 0 0 0 rg BT 123.27 121.25 Td (erm Loan\), pursuant to which we also provided credit support, such as guarantees, letters of credit and cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 109.25 Td (collateral, as applicable, of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.72 109.25 Td ($125.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.62 109.25 Td ( to ) Tj ET Q q 0 0 0 rg BT 253.84 109.25 Td (Axeon Specialty Products, LLC \(Axeon\). ) Tj ET Q q 0 0 0 rg BT 422.24 109.25 Td (W) Tj ET Q q 0 0 0 rg BT 430.88 109.25 Td (e received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.18 109.25 Td ($1) Tj ET Q q 0 0 0 rg BT 483.81 109.25 Td (10.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.70 109.25 Td ( in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 97.25 Td (settlement of the ) Tj ET Q q 0 0 0 rg BT 118.59 97.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 147.57 97.25 Td (T) Tj ET Q q 0 0 0 rg BT 152.98 97.25 Td (erm Loan, and our obligation to provide ongoing credit support to ) Tj ET Q q 0 0 0 rg BT 418.49 97.25 Td (Axeon ceased. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 85.25 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.00 85.25 Td ( for further discussion of the ) Tj ET Q q 0 0 0 rg BT 175.53 85.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 204.51 85.25 Td (T) Tj ET Q q 0 0 0 rg BT 209.92 85.25 Td (erm Loan and related credit support.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 61.25 Td (Employee T) Tj ET Q q 0 0 0 rg BT 96.93 61.25 Td (ransfer fr) Tj ET Q q 0 0 0 rg BT 134.62 61.25 Td (om NuStar GP) Tj ET Q q 0 0 0 rg BT 192.23 61.25 Td (, LLC. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 220.02 61.25 Td (On March 1, 2016, NuStar GP) Tj ET Q q 0 0 0 rg BT 340.84 61.25 Td (, LLC, the general partner of our general partner and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 49.25 Td (wholly owned subsidiary of NuStar GP) Tj ET Q q 0 0 0 rg BT 207.12 49.25 Td ( Holdings, transferred and assigned to NuStar Services Company LLC \(NuStar Services ) Tj ET Q endstream endobj 153 0 obj <> endobj 154 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 722.10 Td (Co\), a wholly owned subsidiary of NuStar Ener) Tj ET Q q 0 0 0 rg BT 240.34 722.10 Td (gy) Tj ET Q q 0 0 0 rg BT 249.69 722.10 Td (, all of NuStar GP) Tj ET Q q 0 0 0 rg BT 320.52 722.10 Td (, LLC) Tj ET Q q 0 0 0 rg BT 347.19 722.10 Td (s employees and related benefit plans, programs, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.10 Td (contracts and policies \(the Employee ) Tj ET Q q 0 0 0 rg BT 200.04 710.10 Td (T) Tj ET Q q 0 0 0 rg BT 205.80 710.10 Td (ransfer\). ) Tj ET Q q 0 0 0 rg BT 241.34 710.10 Td (As a result of the Employee ) Tj ET Q q 0 0 0 rg BT 355.01 710.10 Td (T) Tj ET Q q 0 0 0 rg BT 360.77 710.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 388.13 710.10 Td (, we pay employee costs directly and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 698.10 Td (sponsor the Fifth ) Tj ET Q q 0 0 0 rg BT 119.73 698.10 Td (Amended and Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 267.32 698.10 Td (erm Incentive Plan \(the 2000 L) Tj ET Q q 0 0 0 rg BT 391.09 698.10 Td (TIP\) and other employee benefit plans. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 686.10 Td (Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.63 686.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.63 686.10 Td ( for further discussion of the Employee ) Tj ET Q q 0 0 0 rg BT 295.58 686.10 Td (T) Tj ET Q q 0 0 0 rg BT 301.33 686.10 Td (ransfer and our related party agreements, Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.58 686.10 Td (23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.58 686.10 Td ( for a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (discussion of our employee benefit plans and Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.95 674.10 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.95 674.10 Td ( for a discussion of our long-term incentive plans.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 650.10 Td (Operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 638.10 Td (e conduct our operations through our subsidiaries, primarily NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 386.64 638.10 Td (. \(NuStar Logistics\) and NuStar Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 153.59 626.10 Td (. \(NuPOP\). ) Tj ET Q q 0 0 0 rg BT 200.64 626.10 Td (W) Tj ET Q q 0 0 0 rg BT 209.28 626.10 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.59 626.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.58 626.10 Td ( business segments: pipeline, storage and fuels marketing.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (Pipeline.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.82 605.10 Td ( ) Tj ET Q q 0 0 0 rg BT 88.14 605.10 Td (W) Tj ET Q q 0 0 0 rg BT 96.78 605.10 Td (e own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.44 605.10 Td (3,130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.94 605.10 Td ( miles of refined product pipelines and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.84 605.10 Td (2,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.34 605.10 Td ( miles of crude oil pipelines, as well as approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.33 605.10 Td (5.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 593.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 593.10 Td ( barrels of storage capacity) Tj ET Q q 0 0 0 rg BT 185.97 593.10 Td (, which comprise our Central ) Tj ET Q q 0 0 0 rg BT 304.64 593.10 Td (W) Tj ET Q q 0 0 0 rg BT 313.28 593.10 Td (est System. In addition, we own ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.82 593.10 Td (2,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.32 593.10 Td ( miles of refined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 581.10 Td (product pipelines, consisting of the East and North Pipelines, and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.78 581.10 Td (2,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.28 581.10 Td (-mile ammonia pipeline, which comprise our Central ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 569.10 Td (East System. ) Tj ET Q q 0 0 0 rg BT 103.98 569.10 Td (The East and North Pipelines have storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.33 569.10 Td (7.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.23 569.10 Td ( barrels. ) Tj ET Q q 0 0 0 rg BT 461.75 569.10 Td (W) Tj ET Q q 0 0 0 rg BT 470.39 569.10 Td (e char) Tj ET Q q 0 0 0 rg BT 494.36 569.10 Td (ge tarif) Tj ET Q q 0 0 0 rg BT 522.77 569.10 Td (fs on a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 557.10 Td (per barrel basis for transporting refined products, crude oil and other feedstocks in our refined product and crude oil pipelines ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 545.10 Td (and on a per ton basis for transporting anhydrous ammonia in the ) Tj ET Q q 0 0 0 rg BT 312.72 545.10 Td (Ammonia Pipeline.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 524.10 Td (Storage.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.61 524.10 Td ( ) Tj ET Q q 0 0 0 rg BT 85.93 524.10 Td (W) Tj ET Q q 0 0 0 rg BT 94.57 524.10 Td (e own terminal and storage facilities in the United States, Canada, Mexico and St. Eustatius in the Caribbean ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 512.10 Td (Netherlands, with approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.85 512.10 Td (75.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.74 512.10 Td ( barrels of storage capacity) Tj ET Q q 0 0 0 rg BT 339.82 512.10 Td (. Our terminal and storage facilities provide storage, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 500.10 Td (handling and other services on a fee basis for petroleum products, crude oil, specialty chemicals and other liquids.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 479.10 Td (Fuels Marketing.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.87 479.10 Td ( Prior to the third quarter of 2017, our fuels marketing operations involved the purchase of crude oil, fuel oil, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.10 Td (bunker fuel, fuel oil blending components and other refined products for resale. ) Tj ET Q q 0 0 0 rg BT 370.27 467.10 Td (W) Tj ET Q q 0 0 0 rg BT 378.91 467.10 Td (e ceased marketing crude oil in the second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.10 Td (quarter of 2017 and exited our heavy fuels trading operations in the third quarter of 2017. ) Tj ET Q q 0 0 0 rg BT 409.99 455.10 Td (These actions were in line with our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.10 Td (goal of reducing our exposure to commodity mar) Tj ET Q q 0 0 0 rg BT 246.16 443.10 Td (gins, and instead focusing on our core, fee-based pipeline and storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.10 Td (segments. ) Tj ET Q q 0 0 0 rg BT 92.04 431.10 Td (The remaining operations in our fuels marketing segment are our bunkering operations at our St. Eustatius and ) Tj ET Q q 0 0 0 rg BT 536.74 431.10 Td (T) Tj ET Q q 0 0 0 rg BT 542.15 431.10 Td (exas ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.10 Td (City terminals, as well as certain of our blending operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.10 Td (The results of operations for the fuels marketing segment depend lar) Tj ET Q q 0 0 0 rg BT 323.07 395.10 Td (gely on the mar) Tj ET Q q 0 0 0 rg BT 385.37 395.10 Td (gin between our cost and the sales prices of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (the products we market. ) Tj ET Q q 0 0 0 rg BT 148.40 383.10 Td (Therefore, the results of operations for this segment are more sensitive to changes in commodity prices ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.10 Td (compared to the operations of the pipeline and storage segments. Since our fuels marketing operations expose us to commodity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.10 Td (price risk, we enter into derivative instruments to mitigate the ef) Tj ET Q q 0 0 0 rg BT 306.68 359.10 Td (fect of commodity price fluctuations on our operations. ) Tj ET Q q 0 0 0 rg BT 530.05 359.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.10 Td (derivative instruments we use consist primarily of commodity futures and swap contracts.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 323.10 Td (2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 55.00 323.10 Td (. SUMMAR) Tj ET Q q 0 0 0 rg BT 105.75 323.10 Td (Y) Tj ET Q q 0 0 0 rg BT 112.60 323.10 Td ( OF) Tj ET Q q 0 0 0 rg BT 128.62 323.10 Td ( SIGNIFICANT) Tj ET Q q 0 0 0 rg BT 197.62 323.10 Td ( ) Tj ET Q q 0 0 0 rg BT 199.57 323.10 Td (ACCOUNTING POLICIES) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 302.10 Td (Consolidation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.10 Td (The accompanying consolidated financial statements represent the consolidated operations of the Partnership and our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.10 Td (subsidiaries. Inter) Tj ET Q q 0 0 0 rg BT 120.89 278.10 Td (-partnership balances and transactions have been eliminated in consolidation. ) Tj ET Q q 0 0 0 rg BT 432.28 278.10 Td (The operations of certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.10 Td (pipelines and terminals in which we own an undivided interest are proportionately consolidated in the accompanying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.10 Td (consolidated financial statements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 228.10 Td (Use of Estimates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 216.10 Td (The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles \(GAAP\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 204.10 Td (requires management to make estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 306.41 204.10 Td (fect the amounts reported in the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 192.10 Td (statements and accompanying notes. ) Tj ET Q q 0 0 0 rg BT 198.02 192.10 Td (Actual results could dif) Tj ET Q q 0 0 0 rg BT 291.43 192.10 Td (fer from those estimates. On an ongoing basis, management ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 180.10 Td (reviews its estimates based on currently available information. Management may revise estimates due to changes in facts and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 168.10 Td (circumstances.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 142.10 Td (Cash and Cash Equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.10 Td (Cash equivalents are all highly liquid investments with an original maturity of three months or less when acquired. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 106.10 Td (Accounts Receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 94.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.76 94.10 Td (rade receivables are carried at original invoice amount. ) Tj ET Q q 0 0 0 rg BT 277.96 94.10 Td (W) Tj ET Q q 0 0 0 rg BT 286.60 94.10 Td (e extend credit terms to certain customers after review of various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.10 Td (credit indicators, including the customer) Tj ET Q q 0 0 0 rg BT 211.71 82.10 Td () Tj ET Q q 0 0 0 rg BT 214.49 82.10 Td (s credit rating. Outstanding customer receivable balances are regularly reviewed for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.10 Td (possible non-payment indicators and allowances for doubtful accounts are recorded based upon management) Tj ET Q q 0 0 0 rg BT 488.19 70.10 Td (s estimate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.10 Td (collectability at the time of its review) Tj ET Q q 0 0 0 rg BT 198.75 58.10 Td (.) Tj ET Q endstream endobj 155 0 obj <> endobj 156 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (77) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.25 Td (Inventories consist of petroleum products, materials and supplies.Inventories, except those associated with a qualifying fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (value hedge, are valued at the lower of cost or net realizable value. Cost is determined using the weighted-average cost method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.25 Td (Our inventory) Tj ET Q q 0 0 0 rg BT 105.73 695.25 Td (, other than materials and supplies, consists of one end-product category) Tj ET Q q 0 0 0 rg BT 393.89 695.25 Td (, petroleum products, which we include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.25 Td (in the fuels marketing segment.) Tj ET Q q 0 0 0 rg BT 177.75 683.25 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 227.08 683.25 Td (, we determine lower of cost or net realizable value adjustments on an aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.25 Td (basis. Inventories associated with qualifying fair value hedges are valued at current market prices. Materials and supplies are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.25 Td (valued at the lower of average cost or net realizable value. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 633.25 Td (Property) Tj ET Q q 0 0 0 rg BT 85.18 633.25 Td (, Plant and Equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 621.25 Td (e record additions to property) Tj ET Q q 0 0 0 rg BT 176.28 621.25 Td (, plant and equipment, including reliability and strategic capital expenditures, at cost. Repair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.25 Td (and maintenance costs associated with existing assets that are minor in nature and do not extend the useful life of existing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.25 Td (assets are char) Tj ET Q q 0 0 0 rg BT 107.56 597.25 Td (ged to operating expenses as incurred. Depreciation of property) Tj ET Q q 0 0 0 rg BT 360.99 597.25 Td (, plant and equipment is recorded on a straight-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.25 Td (line basis over the estimated useful lives of the related assets. ) Tj ET Q q 0 0 0 rg BT 297.52 585.25 Td (When property or equipment is retired, sold or otherwise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.25 Td (disposed of, the dif) Tj ET Q q 0 0 0 rg BT 126.47 573.25 Td (ference between the carrying value and the net proceeds is recognized in Other income \(expense\), net in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.25 Td (the consolidated statements of income in the year of disposition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 537.25 Td (e capitalize overhead costs and interest costs incurred on funds used to construct property) Tj ET Q q 0 0 0 rg BT 415.93 537.25 Td (, plant and equipment while the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.25 Td (asset is under construction. ) Tj ET Q q 0 0 0 rg BT 160.63 525.25 Td (The overhead costs and capitalized interest are recorded as part of the asset to which they relate and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.25 Td (are amortized over the asset) Tj ET Q q 0 0 0 rg BT 164.39 513.25 Td (s estimated useful life as a component of depreciation expense.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 487.25 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 475.25 Td (e assess goodwill for impairment annually on October 1, or more frequently if events or changes in circumstances indicate it ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.25 Td (might be impaired. ) Tj ET Q q 0 0 0 rg BT 128.13 463.25 Td (W) Tj ET Q q 0 0 0 rg BT 136.77 463.25 Td (e have the option to first assess qualitative factors to determine whether it is necessary to perform a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.25 Td (quantitative goodwill impairment test. ) Tj ET Q q 0 0 0 rg BT 205.07 451.25 Td (W) Tj ET Q q 0 0 0 rg BT 213.71 451.25 Td (e performed a quantitative goodwill impairment test as of October1,2018 and 2017, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.25 Td (and determined that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.91 439.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.91 439.25 Td ( impairment char) Tj ET Q q 0 0 0 rg BT 210.04 439.25 Td (ges existed.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 415.25 Td (e recognize an impairment of goodwill if the carrying value of goodwill exceeds its estimated fair value. In order to estimate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.25 Td (the fair value of goodwill, management must make certain estimates and assumptions that af) Tj ET Q q 0 0 0 rg BT 419.71 403.25 Td (fect the total fair value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.25 Td (reporting unit including, among other things, an assessment of market conditions, projected cash flows, discount rates and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.25 Td (growth rates. Management) Tj ET Q q 0 0 0 rg BT 159.69 379.25 Td (s estimates of projected cash flows related to the reporting unit include, but are not limited to, future ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.25 Td (earnings of the reporting unit, assumptions about the use or disposition of the asset, estimated remaining life of the asset, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.25 Td (future expenditures necessary to maintain the asset) Tj ET Q q 0 0 0 rg BT 256.04 355.25 Td (s existing service potential. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 331.25 Td (e calculate the estimated fair value of each of our reporting units using a weighted-average of values calculated using an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.25 Td (income approach and a market approach. ) Tj ET Q q 0 0 0 rg BT 216.68 319.25 Td (The income approach involves estimating the fair value of each reporting unit by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 307.25 Td (discounting its estimated future cash flows using a discount rate that would be consistent with a market participant) Tj ET Q q 0 0 0 rg BT 510.73 307.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.25 Td (assumption. ) Tj ET Q q 0 0 0 rg BT 100.38 295.25 Td (The market approach bases the fair value measurement on information obtained from observed stock prices of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 283.25 Td (public companies and recent mer) Tj ET Q q 0 0 0 rg BT 181.99 283.25 Td (ger and acquisition transaction data of comparable entities. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 262.25 Td (Our reporting units to which goodwill has been allocated consist of the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 247.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 247.25 Td (crude oil pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 232.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 232.25 Td (refined product pipelines;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 217.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 217.25 Td (terminals, excluding our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 278.86 217.25 Td (T) Tj ET Q q 0 0 0 rg BT 284.61 217.25 Td (upper facilities and our refinery crude storage tanks; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 202.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 202.25 Td (bunkering activity at our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 279.96 202.25 Td (T) Tj ET Q q 0 0 0 rg BT 285.72 202.25 Td (upper facilities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 178.25 Td (The quantitative impairment test for goodwill consists of a two-step process. Step 1 compares the fair value of the reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 166.25 Td (unit to its carrying value including goodwill. ) Tj ET Q q 0 0 0 rg BT 230.90 166.25 Td (The carrying value of each reporting unit equals the total identified assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 154.25 Td (\(including goodwill\) less the sum of each reporting unit) Tj ET Q q 0 0 0 rg BT 275.51 154.25 Td (s identified liabilities. ) Tj ET Q q 0 0 0 rg BT 364.76 154.25 Td (W) Tj ET Q q 0 0 0 rg BT 373.40 154.25 Td (e used reasonable and supportable methods to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.25 Td (assign the assets and liabilities to the appropriate reporting units in a consistent manner) Tj ET Q q 0 0 0 rg BT 397.98 142.25 Td (. If the carrying value exceeds fair value, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.25 Td (there is a potential impairment and step 2 must be performed to determine the amount of goodwill impairment. Step 2 compares ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.25 Td (the carrying value of the reporting unit) Tj ET Q q 0 0 0 rg BT 207.72 118.25 Td (s goodwill to its implied fair value using a hypothetical allocation of the reporting unit) Tj ET Q q 0 0 0 rg BT 555.99 118.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.25 Td (fair value. If the goodwill carrying value exceeds its implied fair value, the excess is reported as impairment.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 82.25 Td (Although we determined that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.41 82.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.41 82.25 Td ( impairment char) Tj ET Q q 0 0 0 rg BT 247.54 82.25 Td (ges resulted from our October 1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.00 82.25 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.00 82.25 Td ( impairment assessment, the fair value ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 70.25 Td (of the reporting unit that conducts bunkering activity at our St. Eustatius and Point ) Tj ET Q q 0 0 0 rg BT 382.27 70.25 Td (T) Tj ET Q q 0 0 0 rg BT 388.02 70.25 Td (upper facilities \(the Statia Bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 58.25 Td (Reporting Unit\) exceeded its carrying value by approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.47 58.25 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.80 58.25 Td (. ) Tj ET Q q 0 0 0 rg BT 318.62 58.25 Td (The goodwill associated with the Statia Bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 46.25 Td (Reporting Unit totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.49 46.25 Td ($31.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.38 46.25 Td ( as of December 31, 2018. Our estimate of the fair value of the Statia Bunkering Reporting ) Tj ET Q endstream endobj 157 0 obj <> endobj 158 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (78) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (Unit is sensitive to typical valuation assumptions, particularly future earnings and cash flows. Recently) Tj ET Q q 0 0 0 rg BT 461.76 731.10 Td (, the earnings of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (Statia Bunkering Reporting Unit have declined compared to historical norms, mostly due to the continued impact from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (hurricanes that damaged much of the infrastructure in the Caribbean. Our estimates assume the earnings of the Statia Bunkering ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (Reporting Unit return to those historical levels in the near term. However) Tj ET Q q 0 0 0 rg BT 342.85 695.10 Td (, if there is a prolonged reduction in our earnings from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (the lingering ef) Tj ET Q q 0 0 0 rg BT 110.91 683.10 Td (fect described above, or other factors that result in a slower than anticipated recovery in our earnings, it could ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (result in a reduction of our estimated fair value of the Statia Bunkering Reporting Unit to an amount less than its carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.10 Td (value. ) Tj ET Q q 0 0 0 rg BT 76.47 659.10 Td (W) Tj ET Q q 0 0 0 rg BT 85.11 659.10 Td (e will continue to monitor the business and consider additional interim analysis of goodwill as appropriate.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 633.10 Td (Impairment of Long-Lived ) Tj ET Q q 0 0 0 rg BT 162.12 633.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 621.10 Td (e review long-lived assets, including property) Tj ET Q q 0 0 0 rg BT 240.72 621.10 Td (, plant and equipment, for impairment whenever events or changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.10 Td (circumstances indicate that the carrying amount may not be recoverable. ) Tj ET Q q 0 0 0 rg BT 342.20 609.10 Td (W) Tj ET Q q 0 0 0 rg BT 350.83 609.10 Td (e evaluate recoverability using undiscounted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.10 Td (estimated net cash flows generated by the related asset or asset group. If the results of that evaluation indicate that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.10 Td (undiscounted cash flows are less than the carrying amount of the asset \(i.e., the asset is not recoverable\) we perform an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.10 Td (impairment analysis. If our intent is to hold the asset for continued use, we determine the amount of impairment as the amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.10 Td (by which the net carrying value exceeds its fair value. If our intent is to sell the asset, and the criteria required to classify an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.10 Td (asset as held for sale are met, we determine the amount of impairment as the amount by which the net carrying amount exceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.10 Td (its fair value less costs to sell. ) Tj ET Q q 0 0 0 rg BT 171.46 537.10 Td (W) Tj ET Q q 0 0 0 rg BT 180.10 537.10 Td (e believe that the carrying amounts of our long-lived assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.58 537.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.17 537.10 Td ( are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.10 Td (recoverable. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (Income T) Tj ET Q q 0 0 0 rg BT 88.80 499.10 Td (axes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 487.10 Td (e are a limited partnership and generally are not subject to federal or state income taxes. ) Tj ET Q q 0 0 0 rg BT 412.10 487.10 Td (Accordingly) Tj ET Q q 0 0 0 rg BT 461.44 487.10 Td (, our taxable income or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (loss, which may vary substantially from income or loss reported for financial reporting purposes, is generally included in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (federal and state income tax returns of our partners. For transfers of publicly held common units subsequent to our initial public ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (of) Tj ET Q q 0 0 0 rg BT 58.15 451.10 Td (fering, we have made an election permitted by Section754 of the Internal Revenue Code \(the Code\) to adjust the common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.10 Td (unit purchaser) Tj ET Q q 0 0 0 rg BT 107.29 439.10 Td () Tj ET Q q 0 0 0 rg BT 110.07 439.10 Td (s tax basis in our underlying assets to reflect the purchase price of the units. ) Tj ET Q q 0 0 0 rg BT 414.81 439.10 Td (This results in an allocation of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.10 Td (taxable income and expenses to the purchaser of the common units, including depreciation deductions and gains and losses on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (sales of assets, based upon the new unitholder) Tj ET Q q 0 0 0 rg BT 234.22 415.10 Td () Tj ET Q q 0 0 0 rg BT 237.00 415.10 Td (s purchase price for the common units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 394.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 394.10 Td (e conduct certain of our operations through taxable wholly owned corporate subsidiaries. ) Tj ET Q q 0 0 0 rg BT 416.96 394.10 Td (W) Tj ET Q q 0 0 0 rg BT 425.60 394.10 Td (e account for income taxes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.10 Td (related to our taxable subsidiaries using the asset and liability method. Under this method, we recognize deferred tax assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 370.10 Td (liabilities for the future tax consequences attributable to dif) Tj ET Q q 0 0 0 rg BT 286.41 370.10 Td (ferences between the financial statement carrying amounts of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (existing assets and liabilities and their respective tax bases. ) Tj ET Q q 0 0 0 rg BT 288.64 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 297.28 358.10 Td (e measure deferred taxes using enacted tax rates expected to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (apply to taxable income in the year those temporary dif) Tj ET Q q 0 0 0 rg BT 271.13 346.10 Td (ferences are expected to be recovered or settled.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 325.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 325.10 Td (e recognize a tax position if it is more likely than not that the tax position will be sustained, based on the technical merits of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 313.10 Td (the position, upon examination. ) Tj ET Q q 0 0 0 rg BT 178.69 313.10 Td (W) Tj ET Q q 0 0 0 rg BT 187.33 313.10 Td (e record uncertain tax positions in the financial statements at the lar) Tj ET Q q 0 0 0 rg BT 457.33 313.10 Td (gest amount of benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 301.10 Td (that is more likely than not to be realized. ) Tj ET Q q 0 0 0 rg BT 218.66 301.10 Td (W) Tj ET Q q 0 0 0 rg BT 227.29 301.10 Td (e had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 251.17 301.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.17 301.10 Td ( unrecognized tax benefits as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.57 301.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 301.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.59 301.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.59 301.10 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 291.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.50 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 279.50 Td (gy and certain of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various state and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.50 Td (foreign jurisdictions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.82 267.50 Td (For U.S. federal and state purposes, as well as for our major non-U.S. jurisdictions, tax years subject to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.50 Td (examination are 2015 through 2017, according to standard statute of limitations.) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 229.50 Td (Asset Retirement Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 217.50 Td (e record a liability for asset retirement obligations at the fair value of the estimated costs to retire a tangible long-lived asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.50 Td (at the time we incur that liability) Tj ET Q q 0 0 0 rg BT 179.87 205.50 Td (, which is generally when the asset is purchased, constructed or leased, when we have a legal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.50 Td (obligation to incur costs to retire the asset and when a reasonable estimate of the fair value of the obligation can be made. If a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.50 Td (reasonable estimate cannot be made at the time the liability is incurred, we record the liability when suf) Tj ET Q q 0 0 0 rg BT 463.56 181.50 Td (ficient information is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 169.50 Td (available to estimate the fair value.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 148.50 Td (e have asset retirement obligations with respect to certain of our assets due to various legal obligations to clean and/or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.50 Td (dispose of those assets at the time they are retired. However) Tj ET Q q 0 0 0 rg BT 289.24 136.50 Td (, these assets can be used for an extended and indeterminate period ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 124.50 Td (of time as long as they are properly maintained and/or upgraded. It is our practice and current intent to maintain our assets and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 112.50 Td (continue making improvements to those assets based on technological advances. ) Tj ET Q q 0 0 0 rg BT 374.09 112.50 Td (As a result, we believe that our assets have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 100.50 Td (indeterminate lives for purposes of estimating asset retirement obligations because dates or ranges of dates upon which we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 88.50 Td (would retire these assets cannot reasonably be estimated at this time. ) Tj ET Q q 0 0 0 rg BT 326.96 88.50 Td (When a date or range of dates can reasonably be estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 76.50 Td (for the retirement of any asset, we estimate the costs of performing the retirement activities and record a liability for the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 64.50 Td (value of these costs.) Tj ET Q endstream endobj 159 0 obj <> endobj 160 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 731.10 Td (e also have legal obligations in the form of leases and right-of-way agreements, which require us to remove certain of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (assets upon termination of the agreement. However) Tj ET Q q 0 0 0 rg BT 255.37 719.10 Td (, these lease or right-of-way agreements generally contain automatic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (renewal provisions that extend our rights indefinitely or we have other legal means available to extend our rights. ) Tj ET Q q 0 0 0 rg BT 505.52 707.10 Td (W) Tj ET Q q 0 0 0 rg BT 514.16 707.10 Td (e have ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (recorded liabilities of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.02 695.10 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.91 695.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.35 695.10 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.24 695.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.40 695.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.99 695.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.43 695.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.43 695.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 450.09 695.10 Td (, which are included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (Other long-term liabilities in the consolidated balance sheets, for conditional asset retirement obligations related to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (retirement of terminal assets with lease and right-of-way agreements.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 645.10 Td (Environmental Remediation Costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.10 Td (Environmental remediation costs are expensed and an associated accrual established when site restoration and environmental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.10 Td (remediation and cleanup obligations are either known or considered probable and can be reasonably estimated. ) Tj ET Q q 0 0 0 rg BT 495.77 621.10 Td (These ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.10 Td (environmental obligations are based on estimates of probable undiscounted future costs using currently available technology ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.10 Td (and applying current regulations, as well as our own internal environmental policies. ) Tj ET Q q 0 0 0 rg BT 390.83 597.10 Td (The environmental liabilities have not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.10 Td (been reduced by possible recoveries from third parties. Environmental costs include initial site surveys, costs for remediation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.10 Td (and restoration and ongoing monitoring costs, as well as fines, damages and other costs, when estimable. ) Tj ET Q q 0 0 0 rg BT 471.58 573.10 Td (Adjustments to initial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.10 Td (estimates are recorded, from time to time, to reflect changing circumstances and estimates based upon additional information ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.10 Td (developed in subsequent periods.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 523.10 Td (Product Imbalances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 511.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 511.10 Td (e incur product imbalances as a result of variances in pipeline meter readings and volume fluctuations due to pressure and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 499.10 Td (temperature changes. Pursuant to the new revenue recognition standard we adopted January 1, 2018, we no longer recognize ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 487.10 Td (the fair value of product imbalances on our consolidated balance sheets. Prior to adoption, we used quoted market prices as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (the reporting date to value our assets and liabilities related to product imbalances. Product imbalance liabilities were included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (in Accrued liabilities and product imbalance assets were included in Other current assets in the consolidated balance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (sheets.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 427.10 Td (Revenue Recognition) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (Revenue-Generating ) Tj ET Q q 0 0 0 rg BT 135.06 415.10 Td (Activities.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 174.77 415.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.27 415.10 Td (Revenues for the pipeline segment are derived from interstate and intrastate pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (transportation of refined products, crude oil and anhydrous ammonia and the applicable pipeline tarif) Tj ET Q q 0 0 0 rg BT 454.13 403.10 Td (f.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (Revenues for the storage segment include fees for tank storage agreements, whereby a customer agrees to pay for a certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 367.10 Td (amount of storage in a tank over a period of time \(storage terminal revenues\), and throughput agreements, whereby a customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.10 Td (pays a fee per barrel for volumes moving through our terminals \(throughput terminal revenues\). Our terminals also provide ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (blending, additive injections, handling and filtering services for which we char) Tj ET Q q 0 0 0 rg BT 364.73 343.10 Td (ge additional fees, and certain of our facilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.10 Td (char) Tj ET Q q 0 0 0 rg BT 67.03 331.10 Td (ge fees to provide marine services such as pilotage, tug assistance, line handling, launch service, emer) Tj ET Q q 0 0 0 rg BT 474.76 331.10 Td (gency response ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 319.10 Td (services and other ship services \(all of which are considered optional services\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 295.10 Td (Revenues for the fuels marketing segment are derived from the sale of petroleum products.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 271.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 271.10 Td (ithin our pipeline and storage segments, we provide services on uninterruptible and interruptible bases. Uninterruptible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 259.10 Td (services within our pipeline segment typically result from contracts that contain take-or) Tj ET Q q 0 0 0 rg BT 399.41 259.10 Td (-pay minimum volume commitments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 247.10 Td (\(MVCs\) from the customer) Tj ET Q q 0 0 0 rg BT 158.59 247.10 Td (. Contracts with MVCs obligate the customer to pay for that minimum amount. If a customer fails to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 235.10 Td (meet its MVC for the applicable service period, the customer is obligated to pay a deficiency fee based upon the shortfall ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 223.10 Td (between the actual volumes transported or stored and the MVC for that service period \(deficiency payments\). In exchange, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 211.10 Td (those contracts with MVCs obligate us to stand ready to transport volumes up to the customer) Tj ET Q q 0 0 0 rg BT 425.59 211.10 Td () Tj ET Q q 0 0 0 rg BT 428.36 211.10 Td (s MVC.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 187.10 Td (W) Tj ET Q q 0 0 0 rg BT 59.04 187.10 Td (ithin our storage segment, uninterruptible services arise from contracts containing a fixed monthly fee for the portion of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 175.10 Td (storage capacity reserved by the customer) Tj ET Q q 0 0 0 rg BT 216.88 175.10 Td (. ) Tj ET Q q 0 0 0 rg BT 221.69 175.10 Td (These contracts require that the customer pay the fixed monthly fee, regardless of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 163.10 Td (whether or not it uses our storage facility \(i.e., take-or) Tj ET Q q 0 0 0 rg BT 265.28 163.10 Td (-pay obligation\), and that we stand ready to store that volume.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 139.10 Td (Interruptible services within our pipeline and storage segments are generally provided when and to the extent we determine the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 127.10 Td (requested capacity is available. ) Tj ET Q q 0 0 0 rg BT 176.70 127.10 Td (The customer typically pays a per) Tj ET Q q 0 0 0 rg BT 311.73 127.10 Td (-unit rate for the actual quantities of services it receives.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 103.10 Td (Adoption of ) Tj ET Q q 0 0 0 rg BT 99.26 103.10 Td (ASC T) Tj ET Q q 0 0 0 rg BT 124.18 103.10 Td (opic 606.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 161.40 103.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.90 103.10 Td (On January 1, 2018, we adopted ) Tj ET Q q 0 0 0 rg BT 294.99 103.10 Td (Accounting Standards Codification ) Tj ET Q q 0 0 0 rg BT 438.39 103.10 Td (T) Tj ET Q q 0 0 0 rg BT 443.80 103.10 Td (opic 606, Revenue from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.10 Td (Contracts with Customers \(ASC ) Tj ET Q q 0 0 0 rg BT 185.92 91.10 Td (T) Tj ET Q q 0 0 0 rg BT 191.33 91.10 Td (opic 606\) using the modified retrospective method and applied ) Tj ET Q q 0 0 0 rg BT 444.33 91.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 466.10 91.10 Td (T) Tj ET Q q 0 0 0 rg BT 471.51 91.10 Td (opic 606 to all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 79.10 Td (revenue contracts with customers. ) Tj ET Q q 0 0 0 rg BT 188.01 79.10 Td (After identifying a contract with a customer) Tj ET Q q 0 0 0 rg BT 363.11 79.10 Td (, ) Tj ET Q q 0 0 0 rg BT 367.55 79.10 Td (ASC ) Tj ET Q q 0 0 0 rg BT 389.33 79.10 Td (T) Tj ET Q q 0 0 0 rg BT 394.74 79.10 Td (opic 606 requires us to \(i\) identify the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 67.10 Td (performance obligations in the contract; \(ii\) determine the transaction price; \(iii\) allocate the transaction price to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.10 Td (performance obligations; and \(iv\) recognize revenue when or as we satisfy a performance obligation. For the majority of our ) Tj ET Q endstream endobj 161 0 obj <> endobj 162 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (80) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (contracts, we recognize revenue in the amount to which we have a right to invoice. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.04 731.10 Td (Generally) Tj ET Q q 0 0 0 rg BT 422.82 731.10 Td (, payment terms do not exceed 30 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (days.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.83 719.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (Performance Obligations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.93 695.10 Td (The majority of our contracts contain a single performance obligation. For our pipeline segment, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (single performance obligation encompasses multiple activities necessary to deliver our customers) Tj ET Q q 0 0 0 rg BT 442.47 683.10 Td ( products to their ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (destinations. ) Tj ET Q q 0 0 0 rg BT 102.59 671.10 Td (T) Tj ET Q q 0 0 0 rg BT 108.00 671.10 Td (ypically) Tj ET Q q 0 0 0 rg BT 139.57 671.10 Td (, we satisfy this performance obligation over time as the product volume is delivered in or out of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.10 Td (pipelines. Similarly) Tj ET Q q 0 0 0 rg BT 127.68 659.10 Td (, the performance obligation for our storage segment consists of multiple activities necessary to receive, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.10 Td (store and deliver our customers) Tj ET Q q 0 0 0 rg BT 178.11 647.10 Td ( products. ) Tj ET Q q 0 0 0 rg BT 219.86 647.10 Td (W) Tj ET Q q 0 0 0 rg BT 228.50 647.10 Td (e typically satisfy this performance obligation over time as the product volume is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.10 Td (delivered in or out of the tanks \(for throughput terminal revenues\) or with the passage of time \(for storage terminal revenues\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 623.10 Td (Certain of our pipeline segment customer contracts include an incentive pricing structure, which provides a discounted rate for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 611.10 Td (the remainder of the contract once the customer exceeds a cumulative volume. ) Tj ET Q q 0 0 0 rg BT 366.07 611.10 Td (The ability to receive discounted future services ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 599.10 Td (represents a material right to the customer) Tj ET Q q 0 0 0 rg BT 217.87 599.10 Td (, which results in a second performance obligation in those contracts.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 575.10 Td (Product sales contracts associated with our fuels marketing segment generally include a single performance obligation to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 563.10 Td (deliver specified volumes of a commodity) Tj ET Q q 0 0 0 rg BT 217.92 563.10 Td (, which we satisfy at a point in time, when the product is delivered and the customer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 551.10 Td (obtains control of the commodity) Tj ET Q q 0 0 0 rg BT 182.66 551.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 527.10 Td (Optional services do not provide a material right to the customer) Tj ET Q q 0 0 0 rg BT 307.86 527.10 Td (, and are not considered a separate performance obligation in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 515.10 Td (the contract. If and when a customer elects an optional service, it becomes part of the existing performance obligation.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 491.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.01 491.10 Td (ransaction Price.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 124.44 491.10 Td ( For uninterruptible services, we determine the transaction price at contract inception based on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.10 Td (guaranteed minimum amount of revenue over the term of the contract. For interruptible services and optional services, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.10 Td (determine the transaction price based on our right to invoice the customer for the value of services provided to the customer for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.10 Td (the applicable period.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.10 Td (In certain instances, our customers reimburse us for capital projects, in arrangements referred to as contributions in aid of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.10 Td (construction, or CIAC. ) Tj ET Q q 0 0 0 rg BT 143.97 419.10 Td (T) Tj ET Q q 0 0 0 rg BT 149.38 419.10 Td (ypically) Tj ET Q q 0 0 0 rg BT 180.95 419.10 Td (, in these instances, we receive upfront payments for future services, which are included in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.10 Td (transaction price of the underlying service contract. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 383.10 Td (e collect taxes on certain revenue transactions to be remitted to governmental authorities, which may include sales, use, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.10 Td (value-added and some excise taxes. ) Tj ET Q q 0 0 0 rg BT 194.76 371.10 Td (These taxes are not included in the transaction price and are, therefore, excluded from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.10 Td (revenues.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 335.10 Td (Allocation of T) Tj ET Q q 0 0 0 rg BT 109.45 335.10 Td (ransaction Price.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.88 335.10 Td ( ) Tj ET Q q 0 0 0 rg BT 181.20 335.10 Td (W) Tj ET Q q 0 0 0 rg BT 189.84 335.10 Td (e allocate the transaction price to the single performance obligation that exists in the vast ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.10 Td (majority of our contracts with customers. For the few contracts that have a second performance obligation, such as those that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.10 Td (include an incentive pricing structure, we calculate an average rate based on the estimated total volumes to be delivered over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.10 Td (the term of the contract and the resulting estimated total revenue to be billed using the applicable rates in the contract. ) Tj ET Q q 0 0 0 rg BT 523.54 299.10 Td (W) Tj ET Q q 0 0 0 rg BT 532.18 299.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.10 Td (allocate the transaction price to the two performance obligations by applying the average rate to product volumes as they are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.10 Td (delivered to the customer over the term of the contract. Determining the timing and amount of volumes subject to these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.10 Td (incentive pricing contracts requires judgment that can impact the amount of revenue allocated to the two separate performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.10 Td (obligations. ) Tj ET Q q 0 0 0 rg BT 99.26 251.10 Td (W) Tj ET Q q 0 0 0 rg BT 107.90 251.10 Td (e base our estimates on our analysis of expected future production information available from our customers or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 239.10 Td (other sources, which we update at least quarterly) Tj ET Q q 0 0 0 rg BT 244.28 239.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.10 Td (Some of our MVC contracts include provisions that allow the customer to apply deficiency payments to future service periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.10 Td (\(the carryforward period\). In those instances, we have not satisfied our performance obligation as we still have the obligation to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.10 Td (perform those services, subject to contractual and/or capacity constraints, at the customer) Tj ET Q q 0 0 0 rg BT 407.19 191.10 Td () Tj ET Q q 0 0 0 rg BT 409.97 191.10 Td (s request. ) Tj ET Q q 0 0 0 rg BT 449.68 191.10 Td (At least quarterly) Tj ET Q q 0 0 0 rg BT 518.45 191.10 Td (, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.10 Td (assess the customer) Tj ET Q q 0 0 0 rg BT 128.69 179.10 Td () Tj ET Q q 0 0 0 rg BT 131.46 179.10 Td (s ability to utilize any deficiency payments during the carryforward period. If we receive a deficiency ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.10 Td (payment from a customer that we expect the customer to utilize during the carryforward period, we defer that amount as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.10 Td (contract liability) Tj ET Q q 0 0 0 rg BT 115.16 155.10 Td (. ) Tj ET Q q 0 0 0 rg BT 119.98 155.10 Td (W) Tj ET Q q 0 0 0 rg BT 128.62 155.10 Td (e will consider the performance obligation satisfied and allocate any deferred deficiency payments to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.10 Td (performance obligation when the customer utilizes the deficiency payment, the carryforward period ends or we determine the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 131.10 Td (customer cannot or will not utilize the deficiency payment \(i.e. breakage\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 345.72 131.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.22 131.10 Td (If our contract does not allow the customer to apply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 119.10 Td (deficiency payments to future service periods, we allocate the deficiency payment to the already satisfied portion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 107.10 Td (performance obligation.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 81.10 Td (Income ) Tj ET Q q 0 0 0 rg BT 83.24 81.10 Td (Allocation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 69.10 Td (Our partnership agreement contains provisions for the allocation of net income to the unitholders and, prior to the mer) Tj ET Q q 0 0 0 rg BT 522.19 69.10 Td (ger with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 57.10 Td (our general partner) Tj ET Q q 0 0 0 rg BT 125.67 57.10 Td (, to the general partner) Tj ET Q q 0 0 0 rg BT 215.35 57.10 Td (. Our net income for each quarterly reporting period is first allocated to the preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 45.10 Td (limited partner unitholders in an amount equal to the earned distributions for the respective reporting period and, prior to the ) Tj ET Q endstream endobj 163 0 obj <> endobj 164 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (81) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (mer) Tj ET Q q 0 0 0 rg BT 65.37 731.10 Td (ger) Tj ET Q q 0 0 0 rg BT 77.73 731.10 Td (, then to the general partner in an amount equal to the general partner) Tj ET Q q 0 0 0 rg BT 354.66 731.10 Td () Tj ET Q q 0 0 0 rg BT 357.44 731.10 Td (s incentive distribution calculated based upon the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (declared distribution for the respective reporting period. ) Tj ET Q q 0 0 0 rg BT 276.41 719.10 Td (W) Tj ET Q q 0 0 0 rg BT 285.04 719.10 Td (e allocate the remaining net income or loss among the common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (unitholders. Prior to the mer) Tj ET Q q 0 0 0 rg BT 162.86 707.10 Td (ger) Tj ET Q q 0 0 0 rg BT 175.22 707.10 Td (, we allocated the remaining net income or loss among the common unitholders \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.03 707.10 Td (98%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.36 707.10 Td (\) and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (general partner \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.07 695.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.40 695.10 Td (\). See Note 4 for further discussion of the mer) Tj ET Q q 0 0 0 rg BT 313.06 695.10 Td (ger and Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.20 695.10 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.20 695.10 Td ( for the calculation of net income applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (to the general partner prior to the mer) Tj ET Q q 0 0 0 rg BT 200.03 683.10 Td (ger) Tj ET Q q 0 0 0 rg BT 212.25 683.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 657.10 Td (Basic and Diluted Net \(Loss\) Income Per Common Unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.10 Td (Basic and diluted net \(loss\) income per common unit are determined pursuant to the two-class method. Under this method, all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.10 Td (earnings are allocated to our limited partners and participating securities based on their respective rights to receive distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.10 Td (earned during the period. Participating securities include restricted units awarded under our long-term incentive plans and, prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.10 Td (to the mer) Tj ET Q q 0 0 0 rg BT 90.36 609.10 Td (ger with our general partner) Tj ET Q q 0 0 0 rg BT 201.58 609.10 Td (, included our general partner) Tj ET Q q 0 0 0 rg BT 319.95 609.10 Td () Tj ET Q q 0 0 0 rg BT 322.73 609.10 Td (s interest.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 585.10 Td (e compute basic net \(loss\) income per common unit by dividing net \(loss\) income attributable to our common limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.10 Td (partners by the weighted-average number of common units outstanding during the period. ) Tj ET Q q 0 0 0 rg BT 411.67 573.10 Td (W) Tj ET Q q 0 0 0 rg BT 420.31 573.10 Td (e compute diluted net \(loss\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.10 Td (income per common unit by dividing net \(loss\) income attributable to our common limited partners by the sum of \(i\) the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.10 Td (weighted-average number of common units outstanding during the period and \(ii\) the ef) Tj ET Q q 0 0 0 rg BT 401.39 549.10 Td (fect of dilutive potential common units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 537.10 Td (outstanding during the period. Dilutive potential common units include contingently issuable performance units awarded and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 525.10 Td (the Series D Preferred Units. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.62 525.10 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.62 525.10 Td ( for additional information on our performance units, Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.22 525.10 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.22 525.10 Td ( for additional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 513.10 Td (information on our Series D Preferred Units and Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.45 513.10 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.45 513.10 Td ( for the calculation of basic and diluted net \(loss\) income per common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 501.10 Td (unit.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 475.10 Td (Derivative Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 463.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 463.10 Td (e formally document all relationships between hedging instruments and hedged items. ) Tj ET Q q 0 0 0 rg BT 405.04 463.10 Td (This process includes identification of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 451.10 Td (the hedging instrument and the hedged transaction, the nature of the risk being hedged and how the hedging instrument) Tj ET Q q 0 0 0 rg BT 529.60 451.10 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 439.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.59 439.10 Td (fectiveness will be assessed. ) Tj ET Q q 0 0 0 rg BT 173.21 439.10 Td (T) Tj ET Q q 0 0 0 rg BT 178.62 439.10 Td (o qualify for hedge accounting, at inception of the hedge we assess whether the derivative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 427.10 Td (instruments that are used in our hedging transactions are expected to be highly ef) Tj ET Q q 0 0 0 rg BT 373.89 427.10 Td (fective in of) Tj ET Q q 0 0 0 rg BT 422.02 427.10 Td (fsetting changes in cash flows or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 415.10 Td (the fair value of the hedged items. ) Tj ET Q q 0 0 0 rg BT 188.66 415.10 Td (Throughout the designated hedge period and at least quarterly) Tj ET Q q 0 0 0 rg BT 435.70 415.10 Td (, we assess whether the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 403.10 Td (derivative instruments are highly ef) Tj ET Q q 0 0 0 rg BT 192.00 403.10 Td (fective and continue to qualify for hedge accounting. ) Tj ET Q q 0 0 0 rg BT 405.90 403.10 Td (T) Tj ET Q q 0 0 0 rg BT 411.31 403.10 Td (o assess the ef) Tj ET Q q 0 0 0 rg BT 468.06 403.10 Td (fectiveness of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 391.10 Td (hedging relationship both prospectively and retrospectively) Tj ET Q q 0 0 0 rg BT 286.79 391.10 Td (, we use regression analysis to calculate the correlation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 379.10 Td (changes in the fair values of the derivative instrument and related hedged item.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 358.10 Td (e record commodity derivative instruments in the consolidated balance sheets at fair value. ) Tj ET Q q 0 0 0 rg BT 423.89 358.10 Td (W) Tj ET Q q 0 0 0 rg BT 432.52 358.10 Td (e recognize mark-to-market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 346.10 Td (adjustments for derivative instruments designated and qualifying as fair value hedges \(Fair ) Tj ET Q q 0 0 0 rg BT 415.27 346.10 Td (V) Tj ET Q q 0 0 0 rg BT 421.39 346.10 Td (alue Hedges\) and the related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 334.10 Td (change in the fair value of the associated hedged physical inventory or firm commitment within Cost of product sales. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.10 Td (derivative instruments that have associated underlying physical inventory but do not qualify for hedge accounting \(Economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 310.10 Td (Hedges and Other Derivatives\), we record the mark-to-market adjustments in Cost of product sales.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.10 Td (Under the terms of our forward-starting interest rate swap agreements, we pay a fixed rate and receive a variable rate. ) Tj ET Q q 0 0 0 rg BT 522.38 289.10 Td (W) Tj ET Q q 0 0 0 rg BT 531.02 289.10 Td (e ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.10 Td (entered into the forward-starting swaps in order to hedge the risk of changes in the interest payments attributable to changes in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.10 Td (the benchmark interest rate during the period from the ef) Tj ET Q q 0 0 0 rg BT 276.67 265.10 Td (fective date of the swap to the issuance of the forecasted debt. For ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 253.10 Td (forward-starting interest rate swaps designated and qualifying as cash flow hedges \(Cash Flow Hedges\), we recognize the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 241.10 Td (value of each interest rate swap in the consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 318.60 241.10 Td (W) Tj ET Q q 0 0 0 rg BT 327.24 241.10 Td (e record the ef) Tj ET Q q 0 0 0 rg BT 384.52 241.10 Td (fective portion of mark-to-market ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 229.10 Td (adjustments as a component of accumulated other comprehensive income \(loss\) \(AOCI\), and any hedge inef) Tj ET Q q 0 0 0 rg BT 483.29 229.10 Td (fectiveness is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 217.10 Td (recognized immediately in Interest expense, net. ) Tj ET Q q 0 0 0 rg BT 254.73 217.10 Td (The amount accumulated in ) Tj ET Q q 0 0 0 rg BT 368.03 217.10 Td (AOCI is amortized into Interest expense, net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 205.10 Td (as the forecasted interest payments occur or if the interest payments are probable not to occur) Tj ET Q q 0 0 0 rg BT 422.92 205.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 184.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 184.10 Td (e classify cash flows associated with our derivative instruments as operating cash flows in the consolidated statements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 172.10 Td (cash flows, except for receipts or payments associated with terminated forward-starting interest rate swap agreements, which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 160.10 Td (are included in cash flows from financing activities. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.09 160.10 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.09 160.10 Td ( for additional information regarding our derivative financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 148.10 Td (instruments.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 122.10 Td (Unit-based Compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.10 Td (Unit-based compensation for our long-term incentive plans is recorded in our consolidated balance sheets based on the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 98.10 Td (value of the awards granted and recognized as compensation expense primarily on a straight-line basis over the requisite ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 86.10 Td (service period. Forfeitures of our unit-based compensation awards are recognized as an adjustment to compensation expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 74.10 Td (when they occur) Tj ET Q q 0 0 0 rg BT 115.53 74.10 Td (. Unit-based compensation expense is included in General and administrative expenses on our consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 62.10 Td (statements of income. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.85 62.10 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.85 62.10 Td ( for additional information regarding our unit-based compensation. ) Tj ET Q endstream endobj 165 0 obj <> endobj 166 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (82) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (Margin Deposits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.25 Td (Mar) Tj ET Q q 0 0 0 rg BT 66.48 719.25 Td (gin deposits relate to our exchange-traded derivative contracts and generally vary based on changes in the value of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (contracts. Mar) Tj ET Q q 0 0 0 rg BT 107.57 707.25 Td (gin deposits are included in Other current assets in the consolidated balance sheets.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 681.25 Td (Foreign Currency T) Tj ET Q q 0 0 0 rg BT 132.97 681.25 Td (ranslation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 669.25 Td (The functional currencies of our foreign subsidiaries are the local currencies of the countries in which the subsidiaries are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 657.25 Td (located, except for our subsidiaries located in St. Eustatius in the Caribbean Netherlands \(formerly the Netherlands ) Tj ET Q q 0 0 0 rg BT 511.53 657.25 Td (Antilles\), ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 645.25 Td (whose functional currency is the U.S. dollar) Tj ET Q q 0 0 0 rg BT 225.51 645.25 Td (. ) Tj ET Q q 0 0 0 rg BT 230.33 645.25 Td (The assets and liabilities of our foreign subsidiaries with local functional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.25 Td (currencies are translated to U.S. dollars at period-end exchange rates, and income and expense items are translated to U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.25 Td (dollars at weighted-average exchange rates in ef) Tj ET Q q 0 0 0 rg BT 242.50 621.25 Td (fect during the period. ) Tj ET Q q 0 0 0 rg BT 333.68 621.25 Td (These translation adjustments are included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.25 Td (Accumulated other comprehensive loss in the equity section of the consolidated balance sheets. Gains and losses on foreign ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.25 Td (currency transactions are included in Other income \(expense\), net in the consolidated statements of income.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 573.25 Td (3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 573.25 Td (. NEW) Tj ET Q q 0 0 0 rg BT 83.21 573.25 Td ( ) Tj ET Q q 0 0 0 rg BT 85.16 573.25 Td (ACCOUNTING PRONOUNCEMENTS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 549.25 Td (Securities and Exchange Commission Disclosure Update and Simplification) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 537.25 Td (August 2018, the Securities and Exchange Commission \(SEC\) issued final rules regarding disclosure requirements that were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.25 Td (redundant, duplicative, overlapping or superseded by other SEC requirements or GAAP) Tj ET Q q 0 0 0 rg BT 399.97 525.25 Td (. ) Tj ET Q q 0 0 0 rg BT 404.79 525.25 Td (The final rules primarily eliminated or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 513.25 Td (reduced certain disclosure requirements, although they also required some additional disclosures. ) Tj ET Q q 0 0 0 rg BT 440.59 513.25 Td (The guidance became ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 501.25 Td (fective on November 5, 2018, with an exception for the new disclosure requirement to present changes in partners) Tj ET Q q 0 0 0 rg BT 515.92 501.25 Td ( equity in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.25 Td (interim periods, which permits entities to begin disclosing this information in the quarter that begins after the ef) Tj ET Q q 0 0 0 rg BT 495.88 489.25 Td (fective date of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 477.25 Td (the final rules. ) Tj ET Q q 0 0 0 rg BT 109.30 477.25 Td (W) Tj ET Q q 0 0 0 rg BT 117.94 477.25 Td (e elected to utilize this exception, and will begin presenting statements of partners) Tj ET Q q 0 0 0 rg BT 448.48 477.25 Td ( equity on an interim basis ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 465.25 Td (beginning with the quarter ending March 31, 2019. ) Tj ET Q q 0 0 0 rg BT 255.94 465.25 Td (These final rules did not have an impact on our financial position or results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.25 Td (of operations.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 429.25 Td (Cloud Computing ) Tj ET Q q 0 0 0 rg BT 125.27 429.25 Td (Arrangements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 417.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 417.25 Td (August 2018, the Financial ) Tj ET Q q 0 0 0 rg BT 170.05 417.25 Td (Accounting Standards Board \(F) Tj ET Q q 0 0 0 rg BT 296.23 417.25 Td (ASB\) issued guidance addressing a customer) Tj ET Q q 0 0 0 rg BT 476.84 417.25 Td () Tj ET Q q 0 0 0 rg BT 479.62 417.25 Td (s accounting for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.25 Td (implementation costs incurred in a cloud computing arrangement \(CCA\) that is considered a service contract. Under the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.25 Td (guidance, implementation costs for a CCA) Tj ET Q q 0 0 0 rg BT 219.47 393.25 Td ( should be evaluated for capitalization using the same approach as implementation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.25 Td (costs associated with internal-use software and expensed over the term of the hosting arrangement. ) Tj ET Q q 0 0 0 rg BT 447.24 381.25 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 520.64 381.25 Td (fective for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.25 Td (annual and interim periods beginning after December 15, 2019, with early adoption permitted. Prospective adoption for eligible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.25 Td (costs incurred on or after the date of adoption or retrospective adoption are permitted. ) Tj ET Q q 0 0 0 rg BT 394.47 357.25 Td (W) Tj ET Q q 0 0 0 rg BT 403.11 357.25 Td (e are currently evaluating whether we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.25 Td (will adopt these provisions early and whether we will elect prospective or retrospective adoption, but we do not expect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 333.25 Td (guidance to have a material impact on our financial position, results of operations or disclosures.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 309.25 Td (Disclosures for Defined Benefit Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 297.25 Td (August 2018, the F) Tj ET Q q 0 0 0 rg BT 135.71 297.25 Td (ASB issued amended guidance that makes minor changes to the disclosure requirements for employers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.25 Td (that sponsor defined benefit pension and/or other postretirement benefit plans. ) Tj ET Q q 0 0 0 rg BT 364.51 285.25 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 437.91 285.25 Td (fective for annual periods ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.25 Td (beginning after December 15, 2020, with early adoption permitted, using a retrospective approach. ) Tj ET Q q 0 0 0 rg BT 446.69 273.25 Td (W) Tj ET Q q 0 0 0 rg BT 455.33 273.25 Td (e are currently evaluating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.25 Td (whether we will adopt these provisions early) Tj ET Q q 0 0 0 rg BT 227.69 261.25 Td (, but we do not expect the guidance to have a material impact on our financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.25 Td (position, results of operations or disclosures.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 225.25 Td (Unit-Based Payments to Nonemployees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.25 Td (In June 2018, the F) Tj ET Q q 0 0 0 rg BT 125.70 213.25 Td (ASB issued amended guidance which aligns the measurement and classification guidance for unit-based ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.25 Td (payments to nonemployees with the guidance for unit-based payments to employees, with certain exceptions. Under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.25 Td (amended guidance, unit-based payment awards to nonemployees will be measured at their grant date fair value. ) Tj ET Q q 0 0 0 rg BT 498.04 189.25 Td (The guidance is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 177.25 Td (fective for annual and interim periods beginning after December 15, 2018, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 480.66 177.25 Td (The amended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.25 Td (guidance should be applied by means of a cumulative-ef) Tj ET Q q 0 0 0 rg BT 274.80 165.25 Td (fect adjustment to the balance sheet as of the beginning of the fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.25 Td (year of adoption. ) Tj ET Q q 0 0 0 rg BT 119.85 153.25 Td (W) Tj ET Q q 0 0 0 rg BT 128.49 153.25 Td (e adopted these provisions on January 1, 2019, and the guidance did not have a material impact on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.25 Td (financial position, results of operations or disclosures. ) Tj ET Q endstream endobj 167 0 obj <> endobj 168 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (83) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Comprehensive Income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (In February 2018, the F) Tj ET Q q 0 0 0 rg BT 143.46 719.25 Td (ASB issued amended guidance which provides an entity the option to reclassify stranded tax ef) Tj ET Q q 0 0 0 rg BT 523.74 719.25 Td (fects ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (caused by the ) Tj ET Q q 0 0 0 rg BT 106.24 707.25 Td (T) Tj ET Q q 0 0 0 rg BT 111.65 707.25 Td (ax Cuts and Jobs ) Tj ET Q q 0 0 0 rg BT 181.10 707.25 Td (Act of 2017 \(the ) Tj ET Q q 0 0 0 rg BT 248.87 707.25 Td (Act\) from accumulated other comprehensive income to retained earnings, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (also requires certain additional disclosures about those stranded tax ef) Tj ET Q q 0 0 0 rg BT 328.95 695.25 Td (fects. ) Tj ET Q q 0 0 0 rg BT 352.65 695.25 Td (The guidance is ef) Tj ET Q q 0 0 0 rg BT 426.05 695.25 Td (fective for annual and interim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (periods beginning after December 15, 2018, with early adoption permitted. ) Tj ET Q q 0 0 0 rg BT 351.73 683.25 Td (The new requirements should be applied using one ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (of two transition methods, either at the beginning of the period of adoption or retrospectively) Tj ET Q q 0 0 0 rg BT 420.70 671.25 Td (. ) Tj ET Q q 0 0 0 rg BT 425.52 671.25 Td (W) Tj ET Q q 0 0 0 rg BT 434.16 671.25 Td (e early adopted these provisions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (in the fourth quarter of 2018 by electing to reclassify the stranded tax ef) Tj ET Q q 0 0 0 rg BT 336.72 659.25 Td (fects caused by the ) Tj ET Q q 0 0 0 rg BT 414.47 659.25 Td (Act from ) Tj ET Q q 0 0 0 rg BT 452.80 659.25 Td (AOCI to common limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (partners) Tj ET Q q 0 0 0 rg BT 84.29 647.25 Td ( equity as of the beginning of the quarter) Tj ET Q q 0 0 0 rg BT 246.47 647.25 Td (. ) Tj ET Q q 0 0 0 rg BT 251.29 647.25 Td (The guidance did not have a material impact on our financial position, results ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.25 Td (of operations or disclosures.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (Derivatives and Hedging) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (In ) Tj ET Q q 0 0 0 rg BT 59.78 599.25 Td (August 2017, the F) Tj ET Q q 0 0 0 rg BT 135.71 599.25 Td (ASB issued amended guidance intended to improve the financial reporting of hedging relationships to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.25 Td (better portray the economic results of an entity) Tj ET Q q 0 0 0 rg BT 239.16 587.25 Td (s risk management activities in its financial statements. ) Tj ET Q q 0 0 0 rg BT 461.98 587.25 Td (The amended guidance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.25 Td (also makes certain tar) Tj ET Q q 0 0 0 rg BT 136.22 575.25 Td (geted improvements to simplify the application of current hedge accounting guidance. ) Tj ET Q q 0 0 0 rg BT 483.16 575.25 Td (The guidance is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.25 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 563.25 Td (fective for annual and interim periods beginning after December 15, 2018, with early adoption permitted. Certain of the new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.25 Td (requirements should be applied prospectively) Tj ET Q q 0 0 0 rg BT 230.47 551.25 Td (, while others should be applied using a modified retrospective transition method. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 539.25 Td (e adopted the amended guidance on January 1, 2019, and it did not have a material impact on our financial position, results of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.25 Td (operations or disclosures. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (Defined Benefit Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (In March 2017, the F) Tj ET Q q 0 0 0 rg BT 133.46 491.25 Td (ASB issued amended guidance that changes the presentation of net periodic pension cost related to defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (benefit plans. Under the amended guidance, the service cost component of net periodic benefit cost is presented in the same ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (income statement line items as other current employee compensation costs, but the remaining components of net periodic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (benefit cost are presented outside of operating income. ) Tj ET Q q 0 0 0 rg BT 270.63 455.25 Td (The changes are ef) Tj ET Q q 0 0 0 rg BT 345.68 455.25 Td (fective for annual and interim periods beginning after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.25 Td (December 15, 2017, and amendments should be applied retrospectively) Tj ET Q q 0 0 0 rg BT 334.88 443.25 Td (. ) Tj ET Q q 0 0 0 rg BT 339.70 443.25 Td (W) Tj ET Q q 0 0 0 rg BT 348.33 443.25 Td (e began reporting the remaining components of net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.25 Td (periodic benefit cost in Other income, net in the consolidated statements of comprehensive income upon adoption of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.25 Td (amended guidance on January 1, 2018. ) Tj ET Q q 0 0 0 rg BT 207.61 419.25 Td (W) Tj ET Q q 0 0 0 rg BT 216.24 419.25 Td (e applied the amended guidance prospectively as it did not have a material impact on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.25 Td (previous periods.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 383.25 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.25 Td (In January 2017, the F) Tj ET Q q 0 0 0 rg BT 138.46 371.25 Td (ASB issued amended guidance that simplifies the accounting for goodwill impairment by eliminating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.25 Td (step 2 of the goodwill impairment test. Under the amended guidance, goodwill impairment will be measured as the excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (the reporting unit) Tj ET Q q 0 0 0 rg BT 121.71 347.25 Td (s carrying value over its fair value, not to exceed the carrying amount of goodwill for that reporting unit. ) Tj ET Q q 0 0 0 rg BT 542.23 347.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (changes are ef) Tj ET Q q 0 0 0 rg BT 106.50 335.25 Td (fective for annual and interim periods beginning after December 15, 2019, and amendments should be applied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (prospectively) Tj ET Q q 0 0 0 rg BT 102.72 323.25 Td (. Early adoption is permitted for any impairment tests performed after January 1, 2017, and we are currently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (evaluating whether we will adopt these provisions early) Tj ET Q q 0 0 0 rg BT 271.84 311.25 Td (. Regardless of our decision, we do not expect the guidance to have a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.25 Td (material impact on our financial position, results of operations or disclosures.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 275.25 Td (Credit Losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.25 Td (In June 2016, the F) Tj ET Q q 0 0 0 rg BT 125.70 263.25 Td (ASB issued amended guidance that requires the use of a current expected loss model for financial assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.25 Td (measured at amortized cost and certain of) Tj ET Q q 0 0 0 rg BT 215.91 251.25 Td (f-balance sheet credit exposures. Under this model, entities will be required to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.25 Td (estimate the lifetime expected credit losses on such instruments based on historical experience, current conditions, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.25 Td (reasonable and supportable forecasts. ) Tj ET Q q 0 0 0 rg BT 201.20 227.25 Td (This amended guidance also expands the disclosure requirements to enable users of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.25 Td (financial statements to understand an entity) Tj ET Q q 0 0 0 rg BT 225.84 215.25 Td (s assumptions, models and methods for estimating expected credit losses. ) Tj ET Q q 0 0 0 rg BT 521.72 215.25 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.25 Td (changes are ef) Tj ET Q q 0 0 0 rg BT 106.50 203.25 Td (fective for annual and interim periods beginning after December 15, 2019, and amendments should be applied ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.25 Td (using a modified retrospective approach. ) Tj ET Q q 0 0 0 rg BT 214.82 191.25 Td (W) Tj ET Q q 0 0 0 rg BT 223.46 191.25 Td (e currently expect to adopt the amended guidance on January 1, 2020, and we are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.25 Td (assessing the impact of this amended guidance on our financial position, results of operations and disclosures. ) Tj ET Q q 0 0 0 rg BT 491.44 179.25 Td (W) Tj ET Q q 0 0 0 rg BT 500.08 179.25 Td (e plan to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.25 Td (provide additional information about the expected impact at a future date.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 143.25 Td (Leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.25 Td (In February 2016, the F) Tj ET Q q 0 0 0 rg BT 143.46 131.25 Td (ASB issued amended guidance that requires lessees to recognize the assets and liabilities that arise from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.25 Td (most leases on the balance sheet. For lessors, this amended guidance modifies the classification criteria and the accounting for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.25 Td (sales-type and direct financing leases. ) Tj ET Q q 0 0 0 rg BT 203.15 107.25 Td (The changes are ef) Tj ET Q q 0 0 0 rg BT 278.20 107.25 Td (fective for annual and interim periods beginning after December15, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.25 Td (2018, and amendments should be applied using one of two modified retrospective transition methods. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 71.25 Td (e adopted these provisions on January 1, 2019 through a cumulative-ef) Tj ET Q q 0 0 0 rg BT 340.94 71.25 Td (fect adjustment to the opening balance of retained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.25 Td (earnings in the period of adoption. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.56 59.25 Td (The transition adjustment related to the adoption was immaterial.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.33 59.25 Td ( ) Tj ET Q q 0 0 0 rg BT 452.64 59.25 Td (W) Tj ET Q q 0 0 0 rg BT 461.28 59.25 Td (e elected the package of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.25 Td (practical expedients permitted under the transition guidance within the new standard, which, among other things, allowed us to ) Tj ET Q endstream endobj 169 0 obj <> endobj 170 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (carry forward historical lease classification. ) Tj ET Q q 0 0 0 rg BT 226.46 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 235.10 731.10 Td (e also elected the practical expedient related to land easements, which allowed us ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (to carry forward our historical accounting treatment for land easements on existing agreements, and the practical expedient to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (not account for lease and non-lease components separately for most of our asset classes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.10 707.10 Td (Right-of-use assets were less than 5% ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (of total assets as of January 1, 2019, and lease liabilities did not significantly dif) Tj ET Q q 0 0 0 rg BT 369.81 695.10 Td (fer from right-of-use assets.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.88 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 483.20 695.10 Td (W) Tj ET Q q 0 0 0 rg BT 491.84 695.10 Td (e do not expect ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (the guidance to have a material impact on our results of operations or cash flows. ) Tj ET Q q 0 0 0 rg BT 376.44 683.10 Td (W) Tj ET Q q 0 0 0 rg BT 385.08 683.10 Td (e intend to provide additional disclosures as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (required by the new standard, which we are currently assessing, in our quarterly report on Form 10-Q for the first quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.10 Td (2019.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (Revenue Recognition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (In May 2014, the F) Tj ET Q q 0 0 0 rg BT 125.70 623.10 Td (ASB and the International ) Tj ET Q q 0 0 0 rg BT 232.34 623.10 Td (Accounting Standards Board jointly issued a comprehensive new revenue ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (recognition standard that requires an entity to recognize revenue when it transfers promised goods or services to customers in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (an amount that reflects the consideration the entity expects to be entitled to in exchange for those goods or services. ) Tj ET Q q 0 0 0 rg BT 514.45 599.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (standard is ef) Tj ET Q q 0 0 0 rg BT 102.63 587.10 Td (fective for public entities for annual and interim periods beginning after December15, 2017, using one of two ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (retrospective transition methods. ) Tj ET Q q 0 0 0 rg BT 182.62 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 191.26 575.10 Td (e adopted these provisions January 1, 2018 using the modified retrospective approach. ) Tj ET Q q 0 0 0 rg BT 538.76 575.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (transition adjustment related to the adoption was immaterial. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.35 563.10 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.35 563.10 Td ( for further discussion.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (4) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 539.10 Td (. MERGER ) Tj ET Q q 0 0 0 rg BT 106.45 539.10 Td (AND RELA) Tj ET Q q 0 0 0 rg BT 157.65 539.10 Td (TED P) Tj ET Q q 0 0 0 rg BT 186.08 539.10 Td (AR) Tj ET Q q 0 0 0 rg BT 200.17 539.10 Td (TY) Tj ET Q q 0 0 0 rg BT 213.69 539.10 Td ( ) Tj ET Q q 0 0 0 rg BT 215.64 539.10 Td (AGREEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (On February 7, 2018, NuStar Ener) Tj ET Q q 0 0 0 rg BT 187.35 515.10 Td (gy) Tj ET Q q 0 0 0 rg BT 196.70 515.10 Td (, Riverwalk Logistics, L.P) Tj ET Q q 0 0 0 rg BT 300.58 515.10 Td (., NuStar GP) Tj ET Q q 0 0 0 rg BT 350.58 515.10 Td (, LLC, Marshall Mer) Tj ET Q q 0 0 0 rg BT 434.00 515.10 Td (ger Sub LLC, a wholly owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (subsidiary of NuStar Ener) Tj ET Q q 0 0 0 rg BT 153.46 503.10 Td (gy \(Mer) Tj ET Q q 0 0 0 rg BT 185.77 503.10 Td (ger Sub\), Riverwalk Holdings, LLC and NuStar GP) Tj ET Q q 0 0 0 rg BT 392.33 503.10 Td ( Holdings entered into an ) Tj ET Q q 0 0 0 rg BT 495.36 503.10 Td (Agreement and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (Plan of Mer) Tj ET Q q 0 0 0 rg BT 97.09 491.10 Td (ger \(the Mer) Tj ET Q q 0 0 0 rg BT 146.88 491.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 161.60 491.10 Td (Agreement\). Pursuant to the Mer) Tj ET Q q 0 0 0 rg BT 293.33 491.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 308.04 491.10 Td (Agreement, Mer) Tj ET Q q 0 0 0 rg BT 373.95 491.10 Td (ger Sub mer) Tj ET Q q 0 0 0 rg BT 422.64 491.10 Td (ged with and into NuStar GP) Tj ET Q q 0 0 0 rg BT 538.10 491.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (Holdings with NuStar GP) Tj ET Q q 0 0 0 rg BT 152.19 479.10 Td ( Holdings being the surviving entity \(the Mer) Tj ET Q q 0 0 0 rg BT 333.37 479.10 Td (ger\), such that NuStar Ener) Tj ET Q q 0 0 0 rg BT 442.32 479.10 Td (gy became the sole member ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.10 Td (of NuStar GP) Tj ET Q q 0 0 0 rg BT 103.57 467.10 Td ( Holdings following the Mer) Tj ET Q q 0 0 0 rg BT 217.83 467.10 Td (ger on July 20, 2018 \(refer to Or) Tj ET Q q 0 0 0 rg BT 347.61 467.10 Td (ganizational Structure in Item 1. Business for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (charts depicting our or) Tj ET Q q 0 0 0 rg BT 139.57 455.10 Td (ganizational structure at December 31, 2018 and before the Mer) Tj ET Q q 0 0 0 rg BT 395.39 455.10 Td (ger\). Pursuant to the Mer) Tj ET Q q 0 0 0 rg BT 495.47 455.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 510.18 455.10 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (and at the ef) Tj ET Q q 0 0 0 rg BT 98.46 443.10 Td (fective time of the Mer) Tj ET Q q 0 0 0 rg BT 190.46 443.10 Td (ger) Tj ET Q q 0 0 0 rg BT 202.83 443.10 Td (, NuStar Ener) Tj ET Q q 0 0 0 rg BT 257.36 443.10 Td (gy) Tj ET Q q 0 0 0 rg BT 270.13 443.10 Td (s partnership agreement was amended and restated to, among other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (things, \(i\) cancel the incentive distribution rights held by our general partner) Tj ET Q q 0 0 0 rg BT 354.56 431.10 Td (, \(ii\) convert the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.48 431.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.81 431.10 Td ( general partner interest in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.03 419.10 Td (gy held by our general partner into a non-economic management interest and \(iii\) provide the holders of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (common units with voting rights in the election of the members of the board of directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 458.87 407.10 Td (, LLC, beginning at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (annual meeting in 2019.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.10 Td (At the ef) Tj ET Q q 0 0 0 rg BT 84.30 371.10 Td (fective time of the Mer) Tj ET Q q 0 0 0 rg BT 176.31 371.10 Td (ger) Tj ET Q q 0 0 0 rg BT 188.67 371.10 Td (, each outstanding NuStar GP) Tj ET Q q 0 0 0 rg BT 306.90 371.10 Td ( Holdings common unit was converted into the right to receive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (0.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 359.10 Td ( of a NuStar Ener) Tj ET Q q 0 0 0 rg BT 136.79 359.10 Td (gy common unit and all NuStar GP) Tj ET Q q 0 0 0 rg BT 277.52 359.10 Td ( Holdings common units ceased to be outstanding. No fractional ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.03 347.10 Td (gy common units were issued in the Mer) Tj ET Q q 0 0 0 rg BT 261.87 347.10 Td (ger; instead, each holder of NuStar GP) Tj ET Q q 0 0 0 rg BT 416.18 347.10 Td ( Holdings) Tj ET Q q 0 0 0 rg BT 457.94 347.10 Td ( common units otherwise ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (entitled to receive a fractional NuStar Ener) Tj ET Q q 0 0 0 rg BT 220.91 335.10 Td (gy common unit received cash in lieu thereof. ) Tj ET Q q 0 0 0 rg BT 406.13 335.10 Td (As a result of the Mer) Tj ET Q q 0 0 0 rg BT 493.42 335.10 Td (ger) Tj ET Q q 0 0 0 rg BT 505.79 335.10 Td (, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.76 323.10 Td (23.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.65 323.10 Td ( NuStar Ener) Tj ET Q q 0 0 0 rg BT 210.68 323.10 Td (gy common units and cancelled the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.52 323.10 Td (10.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.42 323.10 Td ( NuStar Ener) Tj ET Q q 0 0 0 rg BT 455.44 323.10 Td (gy common units owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (by subsidiaries of NuStar GP) Tj ET Q q 0 0 0 rg BT 165.79 311.10 Td ( Holdings, resulting in approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.99 311.10 Td (13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.88 311.10 Td ( incremental NuStar Ener) Tj ET Q q 0 0 0 rg BT 468.61 311.10 Td (gy common units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (outstanding after the Mer) Tj ET Q q 0 0 0 rg BT 150.68 299.10 Td (ger) Tj ET Q q 0 0 0 rg BT 162.89 299.10 Td (. In addition, we repaid NSH) Tj ET Q q 0 0 0 rg BT 280.93 299.10 Td (s debt with borrowings under our revolving credit agreement and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (incurred transaction costs for aggregate cash consideration of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.44 287.10 Td ($68.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.33 287.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (Also at the ef) Tj ET Q q 0 0 0 rg BT 102.91 263.10 Td (fective time of the Mer) Tj ET Q q 0 0 0 rg BT 194.92 263.10 Td (ger) Tj ET Q q 0 0 0 rg BT 207.28 263.10 Td (, each outstanding award of NuStar GP) Tj ET Q q 0 0 0 rg BT 363.26 263.10 Td ( Holdings restricted units was converted, on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (same terms and conditions as were applicable to the awards immediately prior to the Mer) Tj ET Q q 0 0 0 rg BT 406.43 251.10 Td (ger) Tj ET Q q 0 0 0 rg BT 418.80 251.10 Td (, into an award of NuStar Ener) Tj ET Q q 0 0 0 rg BT 541.08 251.10 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (restricted units. ) Tj ET Q q 0 0 0 rg BT 113.47 239.10 Td (The number of NuStar Ener) Tj ET Q q 0 0 0 rg BT 224.92 239.10 Td (gy restricted units subject to the converted awards was determined pursuant to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (0.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.00 227.10 Td ( exchange ratio provided in the Mer) Tj ET Q q 0 0 0 rg BT 210.10 227.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 224.82 227.10 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (Following the completion of the Mer) Tj ET Q q 0 0 0 rg BT 197.35 203.10 Td (ger) Tj ET Q q 0 0 0 rg BT 209.72 203.10 Td (, the NuStar GP) Tj ET Q q 0 0 0 rg BT 271.94 203.10 Td (, LLC board of directors consists of nine members, currently composed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 191.10 Td (of the six members of the NuStar GP) Tj ET Q q 0 0 0 rg BT 196.42 191.10 Td (, LLC board of directors prior to the Mer) Tj ET Q q 0 0 0 rg BT 359.81 191.10 Td (ger and the three independent directors who ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (served prior to the Mer) Tj ET Q q 0 0 0 rg BT 141.51 179.10 Td (ger on NuStar GP) Tj ET Q q 0 0 0 rg BT 212.52 179.10 Td ( Holdings) Tj ET Q q 0 0 0 rg BT 254.28 179.10 Td ( board of directors.) Tj ET Q endstream endobj 171 0 obj <> endobj 172 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (85) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 731.10 Td (e accounted for the Mer) Tj ET Q q 0 0 0 rg BT 153.46 731.10 Td (ger as an equity transaction similar to a redemption or induced conversion of preferred stock. ) Tj ET Q q 0 0 0 rg BT 528.16 731.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (excess of \(1\) the fair value of the consideration transferred in exchange for the outstanding NSH units over \(2\) the carrying ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (value of the general partner interest in the Partnership was subtracted from net income available to common unitholders in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (calculation of net loss per common unit attributable to the Mer) Tj ET Q q 0 0 0 rg BT 299.81 695.10 Td (ger as follows \(in thousands of dollars, except unit and per unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (data\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 672.60 409.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 672.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.00 672.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 642.60 409.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 642.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.00 642.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 612.60 409.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 612.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.00 612.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 582.60 409.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 582.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.00 582.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 552.60 409.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 552.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.00 552.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 522.60 409.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 458.00 522.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.00 522.60 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 612.6 m 562 612.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 567.6 m 562 567.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 553.6 m 562 553.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462 551.6 m 562 551.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 662.27 Td (Consideration transferred:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 647.27 Td (Fair value of incremental NS common units issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.50 647.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 647.27 Td (335,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 632.27 Td (NSH debt and assumed net current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 632.27 Td (52,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 617.27 Td (T) Tj ET Q q 0 0 0 rg BT 63.43 617.27 Td (ransaction costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 617.27 Td (15,897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.50 602.27 Td (T) Tj ET Q q 0 0 0 rg BT 68.91 602.27 Td (otal consideration) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 602.27 Td (403,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 572.27 Td (Carrying value of general partner interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 572.27 Td (25,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 557.27 Td (Loss to common unitholders attributable to the Mer) Tj ET Q q 0 0 0 rg BT 263.76 557.27 Td (ger) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.50 557.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.30 557.32 Td (\(377,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 557.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 527.27 Td (For the year ended December 31, 2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 512.27 Td (Basic weighted-average common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.15 512.27 Td (99,490,495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 497.27 Td (Loss per common unit attributable to the Mer) Tj ET Q q 0 0 0 rg BT 239.22 497.27 Td (ger) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.50 497.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 497.32 Td (\(3.79) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 497.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 469.10 Td (Related Party ) Tj ET Q q 0 0 0 rg BT 107.45 469.10 Td (Agreements with NSH) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 457.10 Td (GP) Tj ET Q q 0 0 0 rg BT 62.65 457.10 Td ( Services ) Tj ET Q q 0 0 0 rg BT 100.78 457.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 115.41 457.10 Td (eement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.23 457.10 Td ( Prior to the Employee ) Tj ET Q q 0 0 0 rg BT 239.08 457.10 Td (T) Tj ET Q q 0 0 0 rg BT 244.84 457.10 Td (ransfer discussed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 457.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 457.10 Td (, our operations were managed by NuStar GP) Tj ET Q q 0 0 0 rg BT 533.66 457.10 Td (, LLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 445.10 Td (under a services agreement ef) Tj ET Q q 0 0 0 rg BT 168.14 445.10 Td (fective January1, 2008 pursuant to which employees of NuStar GP) Tj ET Q q 0 0 0 rg BT 436.70 445.10 Td (, LLC performed services for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 433.10 Td (our U.S. operations. Employees of NuStar GP) Tj ET Q q 0 0 0 rg BT 232.54 433.10 Td (, LLC provided services to us and NuStar GP) Tj ET Q q 0 0 0 rg BT 413.53 433.10 Td ( Holdings; therefore, we reimbursed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 421.10 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 92.00 421.10 Td (, LLC for all employee costs incurred prior to the Employee ) Tj ET Q q 0 0 0 rg BT 334.53 421.10 Td (T) Tj ET Q q 0 0 0 rg BT 340.29 421.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 367.64 421.10 Td (, other than the expenses allocated to NuStar GP) Tj ET Q q 0 0 0 rg BT 560.83 421.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 409.10 Td (Holdings. For the year ended December 31, 2016, we incurred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.92 409.10 Td ($21.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.81 409.10 Td ( in operating expenses and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.39 409.10 Td ($10.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.28 409.10 Td ( in general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 397.10 Td (and administrative expenses pertaining to our related party transactions prior to the Employee ) Tj ET Q q 0 0 0 rg BT 426.70 397.10 Td (T) Tj ET Q q 0 0 0 rg BT 432.46 397.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 459.67 397.10 Td (. In connection with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 385.10 Td (Employee ) Tj ET Q q 0 0 0 rg BT 92.36 385.10 Td (T) Tj ET Q q 0 0 0 rg BT 98.12 385.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 125.48 385.10 Td (, we entered into an ) Tj ET Q q 0 0 0 rg BT 206.00 385.10 Td (Amended and Restated Services ) Tj ET Q q 0 0 0 rg BT 337.08 385.10 Td (Agreement with NuStar GP) Tj ET Q q 0 0 0 rg BT 446.79 385.10 Td (, LLC, ef) Tj ET Q q 0 0 0 rg BT 483.26 385.10 Td (fective March 1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 373.10 Td (2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.00 373.10 Td (\(the ) Tj ET Q q 0 0 0 rg BT 89.50 373.10 Td (Amended GP) Tj ET Q q 0 0 0 rg BT 143.28 373.10 Td ( Services ) Tj ET Q q 0 0 0 rg BT 181.61 373.10 Td (Agreement\), which provided that we furnish administrative services necessary to conduct the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 361.10 Td (business of NuStar GP) Tj ET Q q 0 0 0 rg BT 139.96 361.10 Td ( Holdings, and NuStar GP) Tj ET Q q 0 0 0 rg BT 244.31 361.10 Td ( Holdings compensated us for these services for an annual fee of $1.0 million, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 349.10 Td (subject to adjustment based on the annual merit increase percentage applicable to our employees for the most recently ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 337.10 Td (completed fiscal year and for changes in level of service. ) Tj ET Q q 0 0 0 rg BT 279.50 337.10 Td (W) Tj ET Q q 0 0 0 rg BT 288.13 337.10 Td (e terminated the ) Tj ET Q q 0 0 0 rg BT 354.50 337.10 Td (Amended GP) Tj ET Q q 0 0 0 rg BT 408.28 337.10 Td ( Services ) Tj ET Q q 0 0 0 rg BT 446.61 337.10 Td (Agreement in conjunction ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 325.10 Td (with the Mer) Tj ET Q q 0 0 0 rg BT 100.97 325.10 Td (ger) Tj ET Q q 0 0 0 rg BT 113.19 325.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.69 325.10 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 301.10 Td (Assignment and ) Tj ET Q q 0 0 0 rg BT 115.43 301.10 Td (Assumption ) Tj ET Q q 0 0 0 rg BT 164.42 301.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 179.05 301.10 Td (eement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 212.36 301.10 Td (Also in connection with the Employee ) Tj ET Q q 0 0 0 rg BT 368.26 301.10 Td (T) Tj ET Q q 0 0 0 rg BT 374.02 301.10 Td (ransfer) Tj ET Q q 0 0 0 rg BT 401.38 301.10 Td (, we entered into an ) Tj ET Q q 0 0 0 rg BT 481.90 301.10 Td (Assignment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 289.10 Td (Assumption ) Tj ET Q q 0 0 0 rg BT 99.79 289.10 Td (Agreement with NuStar GP) Tj ET Q q 0 0 0 rg BT 209.50 289.10 Td (, LLC \(the ) Tj ET Q q 0 0 0 rg BT 253.38 289.10 Td (Assignment ) Tj ET Q q 0 0 0 rg BT 303.10 289.10 Td (Agreement\). Under the ) Tj ET Q q 0 0 0 rg BT 397.51 289.10 Td (Assignment ) Tj ET Q q 0 0 0 rg BT 447.24 289.10 Td (Agreement, NuStar GP) Tj ET Q q 0 0 0 rg BT 539.17 289.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 277.10 Td (LLC assigned all of its employee benefit plans, programs, contracts, policies, and various of its other agreements and contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 265.10 Td (with certain employees, af) Tj ET Q q 0 0 0 rg BT 154.83 265.10 Td (filiates and third-party service providers \(collectively) Tj ET Q q 0 0 0 rg BT 367.16 265.10 Td (, the ) Tj ET Q q 0 0 0 rg BT 386.32 265.10 Td (Assigned Programs\) to NuStar Services Co. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 253.10 Td (In addition, NuStar Services Co agreed to assume the sponsorship of and all obligations relating to the ongoing maintenance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 241.10 Td (and administration of each of the plans and agreements in the ) Tj ET Q q 0 0 0 rg BT 296.92 241.10 Td (Assigned Programs.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 217.10 Td (Non-Compete ) Tj ET Q q 0 0 0 rg BT 107.37 217.10 Td (Agr) Tj ET Q q 0 0 0 rg BT 122.00 217.10 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.31 217.10 Td (. On July 19, 2006, we entered into a non-compete agreement with NuStar GP) Tj ET Q q 0 0 0 rg BT 462.64 217.10 Td ( Holdings, Riverwalk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.10 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 104.23 205.10 Td (. and NuStar GP) Tj ET Q q 0 0 0 rg BT 168.67 205.10 Td (, LLC \(the Non-Compete ) Tj ET Q q 0 0 0 rg BT 271.71 205.10 Td (Agreement\). ) Tj ET Q q 0 0 0 rg BT 324.28 205.10 Td (The Non-Compete ) Tj ET Q q 0 0 0 rg BT 400.93 205.10 Td (Agreement became ef) Tj ET Q q 0 0 0 rg BT 488.47 205.10 Td (fective on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.10 Td (December 22, 2006. Under the Non-Compete ) Tj ET Q q 0 0 0 rg BT 233.89 193.10 Td (Agreement, we had the right of first refusal with respect to the potential ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 181.10 Td (acquisition of assets related to the transportation, storage or terminalling of crude oil, feedstocks or refined products \(including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 169.10 Td (petrochemicals\) in the United States and internationally) Tj ET Q q 0 0 0 rg BT 271.56 169.10 Td (. NuStar GP) Tj ET Q q 0 0 0 rg BT 319.80 169.10 Td ( Holdings had a right of first refusal with respect to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.10 Td (potential acquisition of general partner and other equity interests in publicly traded partnerships under common ownership with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.10 Td (the general partner interest. ) Tj ET Q q 0 0 0 rg BT 160.84 145.10 Td (As a result of the Mer) Tj ET Q q 0 0 0 rg BT 248.13 145.10 Td (ger) Tj ET Q q 0 0 0 rg BT 260.50 145.10 Td (, the Non-Compete ) Tj ET Q q 0 0 0 rg BT 338.82 145.10 Td (Agreement was terminated, ef) Tj ET Q q 0 0 0 rg BT 459.14 145.10 Td (fective July 20, 2018.) Tj ET Q endstream endobj 173 0 obj <> endobj 174 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (86) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (5) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 55.00 731.25 Td (. DISPOSITION ) Tj ET Q q 0 0 0 rg BT 127.52 731.25 Td (AND ) Tj ET Q q 0 0 0 rg BT 151.14 731.25 Td (ACQUISITIONS) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (Disposition) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 695.25 Td (Sale of Eur) Tj ET Q q 0 0 0 rg BT 94.62 695.25 Td (opean Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.56 695.25 Td (On November 30, 2018, we sold our European operations to Inter ) Tj ET Q q 0 0 0 rg BT 436.60 695.25 Td (T) Tj ET Q q 0 0 0 rg BT 442.01 695.25 Td (erminals, Ltd. for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.25 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 683.25 Td ($270.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.15 683.25 Td (. ) Tj ET Q q 0 0 0 rg BT 173.97 683.25 Td (The operations sold include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.28 683.25 Td (six liquids storage terminals in the United Kingdom and one facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.25 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 671.25 Td (Amsterdam) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.38 671.25 Td (, with total storage capacity of approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.21 671.25 Td (9.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.10 671.25 Td ( barrels. ) Tj ET Q q 0 0 0 rg BT 368.63 671.25 Td (W) Tj ET Q q 0 0 0 rg BT 377.27 671.25 Td (e sold these non-core assets that were not ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.25 Td (syner) Tj ET Q q 0 0 0 rg BT 71.48 659.25 Td (gistic with our other operations as part of our plan to significantly improve our debt metrics and partially fund capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.25 Td (projects to grow our core business. ) Tj ET Q q 0 0 0 rg BT 191.73 647.25 Td (W) Tj ET Q q 0 0 0 rg BT 200.37 647.25 Td (e recognized a non-cash loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.10 647.25 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.99 647.25 Td ( related to the sale in Other income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.25 Td (\(expense\), net on our consolidated statement of income for the year ended December 31, 2018. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 611.25 Td (Acquisitions) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 599.25 Td (Council Bluffs ) Tj ET Q q 0 0 0 rg BT 109.82 599.25 Td (Acquisition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.37 599.25 Td (On ) Tj ET Q q 0 0 0 rg BT 174.54 599.25 Td (April 16, 2018, we acquired CHS Inc.) Tj ET Q q 0 0 0 rg BT 329.23 599.25 Td (s Council Bluf) Tj ET Q q 0 0 0 rg BT 387.39 599.25 Td (fs pipeline system, comprised of a 227-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 587.25 Td (mile pipeline and 18 storage tanks,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.41 587.25 Td ( for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.33 587.25 Td ($37.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.22 587.25 Td (. ) Tj ET Q q 0 0 0 rg BT 325.04 587.25 Td (The assets acquired and the results of operations are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 575.25 Td (included in our pipeline segment from the date of acquisition. ) Tj ET Q q 0 0 0 rg BT 298.92 575.25 Td (W) Tj ET Q q 0 0 0 rg BT 307.56 575.25 Td (e accounted for this acquisition as an asset purchase. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 551.25 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 92.88 551.25 Td (Acquisition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 143.43 551.25 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 157.60 551.25 Td (April1) Tj ET Q q 0 0 0 rg BT 185.83 551.25 Td (1, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.83 551.25 Td (, we entered into a Membership Interest Purchase and Sale ) Tj ET Q q 0 0 0 rg BT 452.15 551.25 Td (Agreement \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 539.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 98.61 539.25 Td (Agreement\) with FR Navigator Holdings LLC to acquire \(the Navigator ) Tj ET Q q 0 0 0 rg BT 389.10 539.25 Td (Acquisition\) all of the issued and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 527.25 Td (outstanding limited liability company interests in Navigator Ener) Tj ET Q q 0 0 0 rg BT 310.04 527.25 Td (gy Services, LLC \(Navigator\) for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.37 527.25 Td ($1.5 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.49 527.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 515.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 515.25 Td (e closed the Navigator ) Tj ET Q q 0 0 0 rg BT 150.27 515.25 Td (Acquisition on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.94 515.25 Td (May4, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.77 515.25 Td (. ) Tj ET Q q 0 0 0 rg BT 267.59 515.25 Td (W) Tj ET Q q 0 0 0 rg BT 276.23 515.25 Td (e acquired crude oil transportation, pipeline connection and storage ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 503.25 Td (assets located in the Midland Basin in ) Tj ET Q q 0 0 0 rg BT 203.96 503.25 Td (W) Tj ET Q q 0 0 0 rg BT 212.60 503.25 Td (est ) Tj ET Q q 0 0 0 rg BT 226.03 503.25 Td (T) Tj ET Q q 0 0 0 rg BT 231.44 503.25 Td (exas that, together with the assets we have constructed through various expansion ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 491.25 Td (projects since the date of the Navigator ) Tj ET Q q 0 0 0 rg BT 208.55 491.25 Td (Acquisition, we collectively refer to as our Permian Crude System. ) Tj ET Q q 0 0 0 rg BT 478.86 491.25 Td (The assets acquired ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.25 Td (are included in our pipeline segment. ) Tj ET Q q 0 0 0 rg BT 200.61 479.25 Td (The consolidated statements of income include the results of operations for Navigator ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.25 Td (commencing on May 4, 2017.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 443.25 Td (e accounted for the Navigator ) Tj ET Q q 0 0 0 rg BT 179.42 443.25 Td (Acquisition using the acquisition method. ) Tj ET Q q 0 0 0 rg BT 348.67 443.25 Td (The following table reflects the final purchase price ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.25 Td (allocation:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 394.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 394.75 117.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 364.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 364.75 117.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 334.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 334.75 117.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 304.75 395.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 304.75 117.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 407.75 m 561.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 289.75 m 561.5 289.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 275.75 m 561.5 275.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 273.75 m 561.5 273.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.55 411.98 Td (Pur) Tj ET Q q 0 0 0 rg BT 471.29 411.98 Td (chase Price ) Tj ET Q q 0 0 0 rg BT 511.28 411.98 Td (Allocation) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 465.35 399.00 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 384.42 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.00 384.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 384.42 Td (4,747) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 369.42 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 369.42 Td (2,359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 354.42 Td (Property) Tj ET Q q 0 0 0 rg BT 86.11 354.42 Td (, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 354.42 Td (376,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 339.42 Td (Intangible assets \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 339.42 Td (700,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 324.42 Td (Goodwill \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 324.42 Td (398,024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 309.42 Td (Other long-term assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 309.42 Td (2,199) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 294.42 Td (Current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 294.47 Td (\(22,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 294.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.00 279.42 Td (Purchase price allocation, net of cash acquired) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.00 279.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 279.42 Td (1,461,719) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 264.45 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 264.45 Td (Intangible assets, which consist of customer contracts and relationships, are amortized on a straight-line basis over a period of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 541.62 264.45 Td (20 ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 253.65 Td (years) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 104.99 253.65 Td (.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 242.85 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 242.85 Td (The goodwill acquired represents the expected benefit from entering new geographic areas and the anticipated opportunities to ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 232.05 Td (generate future cash flows from the assets acquired and potential future projects.) Tj ET Q endstream endobj 175 0 obj <> endobj 176 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (The unaudited pro forma information for the years ended December31, 2017 and 2016 below presents the combined historical ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (financial information for Navigator and the Partnership for those periods. ) Tj ET Q q 0 0 0 rg BT 345.57 719.10 Td (This information assumes:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 707.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 707.10 Td (we completed the Navigator ) Tj ET Q q 0 0 0 rg BT 200.96 707.10 Td (Acquisition on January 1, 2016; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 695.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 695.10 Td (we issued approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.92 695.10 Td (14.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.81 695.10 Td ( common units;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 683.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 683.10 Td (we received a contribution from our general partner of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.18 683.10 Td ($13.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.07 683.10 Td ( to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.06 683.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.39 683.10 Td ( general partner economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 671.10 Td (interest it owned at that time;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 659.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 659.10 Td (we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.66 659.10 Td (15.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.55 659.10 Td ( Series B Preferred Units;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 647.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 647.10 Td (we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.66 647.10 Td ($550.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.55 647.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.88 647.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.71 647.10 Td ( senior notes; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 635.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 635.10 Td (additional depreciation and amortization that would have been incurred assuming the fair value adjustments to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 623.10 Td (property) Tj ET Q q 0 0 0 rg BT 119.23 623.10 Td (, plant and equipment and intangible assets reflected in the purchase price allocation above; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 611.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 611.10 Td (we satisfied Navigator) Tj ET Q q 0 0 0 rg BT 176.34 611.10 Td () Tj ET Q q 0 0 0 rg BT 179.12 611.10 Td (s outstanding obligations under its revolving credit agreement.) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 559.60 344.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 559.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 559.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 559.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 529.60 344.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 529.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 529.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 529.60 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 587.6 m 475.5 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 587.6 m 479.5 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 587.6 m 561.5 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 572.6 m 475.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 572.6 m 561.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 572.6 m 475.5 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 572.6 m 561.5 572.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 432.70 591.83 Td (Y) Tj ET Q q 0 0 0 rg BT 438.03 591.83 Td (ear) Tj ET Q q 0 0 0 rg BT 448.62 591.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 509.35 591.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 426.00 576.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 576.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 403.75 563.85 Td (\(ThousandsofDollars, Except Per Unit Data\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 549.27 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 549.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 549.27 Td (1,828,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 549.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 549.27 Td (1,782,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 534.27 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 534.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.15 534.27 Td (127,433) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 534.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 534.27 Td (78,664) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 504.27 Td (Basic and diluted net income per common unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.15 504.27 Td (0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 504.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.15 504.27 Td (0.01) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 476.10 Td (The pro forma information for the year ended December31, 2017 includes transaction costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.54 476.10 Td ($14.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.43 476.10 Td (, which were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 464.10 Td (directly attributable to the Navigator ) Tj ET Q q 0 0 0 rg BT 198.01 464.10 Td (Acquisition. ) Tj ET Q q 0 0 0 rg BT 249.49 464.10 Td (The pro forma information is unaudited and is not necessarily indicative of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 452.10 Td (the results of operations that would have resulted had the Navigator ) Tj ET Q q 0 0 0 rg BT 322.43 452.10 Td (Acquisition occurred on January 1, 2016 or that may result ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.10 Td (in the future.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 416.10 Td (Martin T) Tj ET Q q 0 0 0 rg BT 84.92 416.10 Td (erminal ) Tj ET Q q 0 0 0 rg BT 118.35 416.10 Td (Acquisition. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.90 416.10 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.62 416.10 Td (December21, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.21 416.10 Td (, we acquired crude oil and refined product storage assets in Corpus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 404.10 Td (Christi, ) Tj ET Q q 0 0 0 rg BT 82.05 404.10 Td (TX for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.04 404.10 Td ($95.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.93 404.10 Td (, including ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.20 404.10 Td ($2.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.09 404.10 Td ( of capital expenditure reimbursements, from Martin Operating Partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 392.10 Td (L.P) Tj ET Q q 0 0 0 rg BT 63.06 392.10 Td (. \(the Martin ) Tj ET Q q 0 0 0 rg BT 115.64 392.10 Td (T) Tj ET Q q 0 0 0 rg BT 121.05 392.10 Td (erminal ) Tj ET Q q 0 0 0 rg BT 153.54 392.10 Td (Acquisition\).) Tj ET Q q 0 0 0 rg BT 208.36 392.10 Td (The assets acquired are in our storage segment and include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.05 392.10 Td (900,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.55 392.10 Td ( barrels of crude oil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 380.10 Td (storage capacity) Tj ET Q q 0 0 0 rg BT 114.04 380.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 119.04 380.10 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.54 380.10 Td ( barrels of refined product storage capacity and exclusive use of the Port of Corpus Christi) Tj ET Q q 0 0 0 rg BT 515.60 380.10 Td (s new ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 368.10 Td (crude oil dock. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 345.30 Td (6) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 345.30 Td (. REVENUE FROM CONTRACTS ) Tj ET Q q 0 0 0 rg BT 209.05 345.30 Td (WITH CUST) Tj ET Q q 0 0 0 rg BT 266.38 345.30 Td (OMERS ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 321.30 Td (T) Tj ET Q q 0 0 0 rg BT 55.24 321.30 Td (ransition) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.30 Td (On January 1, 2018, we adopted ) Tj ET Q q 0 0 0 rg BT 180.58 309.30 Td (ASC ) Tj ET Q q 0 0 0 rg BT 202.36 309.30 Td (T) Tj ET Q q 0 0 0 rg BT 207.77 309.30 Td (opic 606 using the modified retrospective method and applied ) Tj ET Q q 0 0 0 rg BT 457.43 309.30 Td (ASC ) Tj ET Q q 0 0 0 rg BT 479.20 309.30 Td (T) Tj ET Q q 0 0 0 rg BT 484.61 309.30 Td (opic 606 to all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.30 Td (revenue contracts with customers. Results for reporting periods beginning after January 1, 2018 are presented under ) Tj ET Q q 0 0 0 rg BT 514.92 297.30 Td (ASC ) Tj ET Q q 0 0 0 rg BT 536.69 297.30 Td (T) Tj ET Q q 0 0 0 rg BT 542.10 297.30 Td (opic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.30 Td (606. In accordance with the modified retrospective approach, prior period amounts were not adjusted and are reported under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.30 Td (ASC ) Tj ET Q q 0 0 0 rg BT 71.27 273.30 Td (T) Tj ET Q q 0 0 0 rg BT 76.68 273.30 Td (opic 605, Revenue Recognition. ) Tj ET Q q 0 0 0 rg BT 216.46 273.30 Td (The adoption of ) Tj ET Q q 0 0 0 rg BT 282.28 273.30 Td (ASC ) Tj ET Q q 0 0 0 rg BT 304.06 273.30 Td (T) Tj ET Q q 0 0 0 rg BT 309.47 273.30 Td (opic 606 af) Tj ET Q q 0 0 0 rg BT 354.27 273.30 Td (fected our consolidated statements of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.30 Td (comprehensive income as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 216.80 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 216.80 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.00 216.80 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 216.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 186.80 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 186.80 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 186.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.00 186.80 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 186.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 186.80 77.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 156.80 276.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 156.80 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 402.00 156.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 406.00 156.80 76.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 482.00 156.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.00 156.80 77.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 229.79999999999995 m 402 229.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 406 229.79999999999995 m 482 229.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486 229.79999999999995 m 563 229.79999999999995 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 342.05 234.03 Td (As Reported) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 412.55 242.03 Td (W) Tj ET Q q 0 0 0 rg BT 420.41 242.03 Td (ithout ) Tj ET Q q 0 0 0 rg BT 442.41 242.03 Td (Adoption) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.00 234.03 Td (of ) Tj ET Q q 0 0 0 rg BT 422.22 234.03 Td (ASC ) Tj ET Q q 0 0 0 rg BT 440.08 234.03 Td (T) Tj ET Q q 0 0 0 rg BT 444.68 234.03 Td (opic 606) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 495.30 242.03 Td (Effect of Change) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 497.10 234.03 Td (Higher/\(Lower\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 370.75 221.05 Td (\(Thousands of Dollars, Except Per Unit Data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 206.48 Td (For) Tj ET Q q 0 0 0 rg BT 67.87 206.48 Td ( the year) Tj ET Q q 0 0 0 rg BT 104.89 206.48 Td ( ended December) Tj ET Q q 0 0 0 rg BT 178.58 206.48 Td ( 31, 2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 191.47 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 191.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.15 191.47 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.50 191.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.15 191.47 Td (1,967,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 191.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 191.52 Td (\(6,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 191.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 176.47 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 176.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.65 176.47 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.50 176.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.65 176.47 Td (369,748) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 176.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 176.52 Td (\(6,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 176.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 161.47 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 161.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.65 161.47 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.50 161.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.65 161.47 Td (21) Tj ET Q q 0 0 0 rg BT 455.65 161.47 Td (1,979) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 161.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 161.52 Td (\(6,185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 161.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 146.47 Td (Basic net loss per common unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.50 146.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.30 146.52 Td (\(2.77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.15 146.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.50 146.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.30 146.52 Td (\(2.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.15 146.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.50 146.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 146.52 Td (\(0.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 146.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 177 0 obj <> endobj 178 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (88) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Contract ) Tj ET Q q 0 0 0 rg BT 87.75 731.25 Td (Assets and Liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (The following table provides information about contract assets and contract liabilities from contracts with customers:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 680.75 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 680.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 680.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.00 680.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 650.75 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 650.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 650.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.00 650.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 620.75 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 620.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.00 620.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 590.75 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 590.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 590.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.00 590.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 560.75 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 560.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 560.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.00 560.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 530.75 333.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.00 530.75 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 470.00 530.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 474.00 530.75 88.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 693.75 m 470 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 693.75 m 562 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 605.75 m 470 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 590.75 m 470 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 605.75 m 562 605.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 590.75 m 562 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 530.75 m 470 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 530.75 m 562 530.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 382 515.75 m 470 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 474 515.75 m 562 515.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 398.70 697.98 Td (Contract ) Tj ET Q q 0 0 0 rg BT 431.14 697.98 Td (Assets) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 484.05 697.98 Td (Contract Liabilities) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 434.35 685.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 670.42 Td (Balance as of January 1, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 670.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 670.42 Td (2,127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 670.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 670.47 Td (\(60,464) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 670.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 640.42 Td (Additions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 640.42 Td (3,281) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 640.47 Td (\(83,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 640.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 625.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.43 625.42 Td (ransfer to accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.30 625.47 Td (\(2,803) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.15 625.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 625.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 610.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.43 610.42 Td (ransfer to revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 610.42 Td (57,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 595.42 Td (T) Tj ET Q q 0 0 0 rg BT 63.26 595.42 Td (otal activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 595.42 Td (478) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 595.47 Td (\(25,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 595.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 550.42 Td (Balance as of December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 550.42 Td (2,605) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 550.47 Td (\(85,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 550.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 535.42 Td (Less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.65 535.42 Td (2,066) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 535.47 Td (\(46,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 535.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 520.42 Td (Noncurrent portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.50 520.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 520.42 Td (539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.50 520.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 520.47 Td (\(38,945) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 520.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 492.25 Td (Contract assets relate to performance obligations satisfied in advance of scheduled billings. Current contract assets are included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 480.25 Td (in Other current assets and noncurrent contract assets are included in Other long-term assets, net on the consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 468.25 Td (balance sheet. Contract liabilities relate to payments received in advance of satisfying performance obligations under a contract, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 456.25 Td (which mainly result from contracts with MVCs, contracts with an incentive pricing structure and CIAC payments. Current ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 444.25 Td (contract liabilities are included in Accrued liabilities and noncurrent contract liabilities are included in Other long-term ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 432.25 Td (liabilities on the consolidated balance sheet. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 408.25 Td (In the third quarter of 2018, we entered into an agreement whereby our customer transferred ownership of crude oil to us, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 396.25 Td (we agreed to sell the crude oil and apply the proceeds as a non-refundable, one-time payment of storage fees. ) Tj ET Q q 0 0 0 rg BT 487.94 396.25 Td (At the time of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 384.25 Td (agreement, we recognized a contract liability of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.74 384.25 Td ($37.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.63 384.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 360.25 Td (In the second quarter of 2018, one customer for whom we had recorded a contract liability to perform future services elected ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 348.25 Td (not to extend the term of its terminal storage contract, thus reducing our future performance obligation. ) Tj ET Q q 0 0 0 rg BT 463.82 348.25 Td (As a result, we adjusted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.25 Td (the related contract liability and recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.53 336.25 Td ($9.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.42 336.25 Td ( in revenue.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 312.25 Td (Remaining Performance Obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 300.25 Td (The following table presents our estimated revenue from contracts with customers for remaining performance obligations that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 288.25 Td (has not yet been recognized, representing our contractually committed revenue as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.09 288.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.67 288.25 Td ( \(in thousands of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 276.25 Td (dollars\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 265.75 403.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 265.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 265.75 106.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 235.75 403.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 235.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 235.75 106.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 205.75 403.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 205.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 205.75 106.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 175.75 403.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 452.00 175.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 456.00 175.75 106.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 175.75 m 562 175.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 161.75 m 562 161.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 456 159.75 m 562 159.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 255.42 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 255.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 255.42 Td (473,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 240.42 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 240.42 Td (383,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 225.42 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 225.42 Td (261,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 210.42 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 210.42 Td (210,772) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 195.42 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 195.42 Td (162,952) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 180.42 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 180.42 Td (361,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 165.42 Td (T) Tj ET Q q 0 0 0 rg BT 62.91 165.42 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.50 165.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 165.42 Td (1,853,693) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (Our contractually committed revenue, for purposes of the tabular presentation above, is generally limited to customer contracts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (that have fixed pricing and fixed volume terms and conditions, generally including contracts with MVC payment obligations.) Tj ET Q endstream endobj 179 0 obj <> endobj 180 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (89) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Disaggregation of Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (The following table disaggregates our revenues:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 665.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 665.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 665.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 665.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 665.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 665.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 635.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 635.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 635.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 635.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 635.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 635.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 605.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 605.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 605.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 605.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 605.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 605.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 575.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 575.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 575.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 575.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 575.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 575.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 545.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 545.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 545.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 545.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 545.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 545.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 515.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 515.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 515.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 515.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 515.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 515.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 485.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 485.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 485.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 485.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 485.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 455.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 455.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 455.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 455.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 455.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 425.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 425.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 425.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 425.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 425.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 425.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 395.75 316.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 365.00 395.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.00 395.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.00 395.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.00 395.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 499.00 395.75 63.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 693.75 m 428 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428 693.75 m 432 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 693.75 m 495 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495 693.75 m 499 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 693.75 m 562 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 693.75 m 428 693.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 678.75 m 428 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 678.75 m 495 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 678.75 m 562 678.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 620.75 m 428 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 620.75 m 428 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 620.75 m 495 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 620.75 m 562 620.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 590.75 m 428 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 590.75 m 495 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 590.75 m 562 590.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 575.75 m 428 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 575.75 m 495 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 575.75 m 562 575.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 515.75 m 428 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 515.75 m 495 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 515.75 m 562 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 485.75 m 428 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 470.75 m 428 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 485.75 m 495 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 470.75 m 495 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 485.75 m 562 485.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 470.75 m 562 470.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 395.75 m 428 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 381.75 m 428 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 365 379.75 m 428 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 395.75 m 495 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 381.75 m 495 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432 379.75 m 495 379.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 395.75 m 562 395.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 381.75 m 562 381.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 499 379.75 m 562 379.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 418.70 697.98 Td (Y) Tj ET Q q 0 0 0 rg BT 424.03 697.98 Td (ear) Tj ET Q q 0 0 0 rg BT 434.62 697.98 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 495.35 697.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.00 682.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 455.00 682.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 682.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 425.85 670.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 655.43 Td (Pipeline segment:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 640.42 Td (Crude oil pipelines \(excluding lessor revenues\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 640.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 640.42 Td (248,261) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 640.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 640.42 Td (187,874) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 640.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 640.42 Td (154,543) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 625.42 Td (Refined products and ammonia pipelines) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 625.42 Td (362,750) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 625.42 Td (328,414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 625.42 Td (331,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 610.42 Td (T) Tj ET Q q 0 0 0 rg BT 75.26 610.42 Td (otal pipeline segment revenues from contracts with customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 610.42 Td (61) Tj ET Q q 0 0 0 rg BT 401.65 610.42 Td (1,01) Tj ET Q q 0 0 0 rg BT 419.15 610.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 610.42 Td (516,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 610.42 Td (485,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 595.42 Td (Lessor revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 595.42 Td (54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.15 595.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 595.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.50 580.42 Td (T) Tj ET Q q 0 0 0 rg BT 87.26 580.42 Td (otal pipeline segment revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 580.42 Td (61) Tj ET Q q 0 0 0 rg BT 401.65 580.42 Td (1,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 580.42 Td (516,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 580.42 Td (485,650) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 550.43 Td (Storage segment:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 535.42 Td (Throughput terminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.65 535.42 Td (83,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.65 535.42 Td (85,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 535.42 Td (1) Tj ET Q q 0 0 0 rg BT 530.65 535.42 Td (17,586) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 520.42 Td (Storage terminals \(excluding lessor revenues\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 520.42 Td (482,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 520.42 Td (491,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 520.42 Td (492,456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 505.42 Td (T) Tj ET Q q 0 0 0 rg BT 74.91 505.42 Td (otal storage segment revenues from contracts with customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 505.42 Td (566,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 505.42 Td (577,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 505.42 Td (610,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 490.42 Td (Lessor revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.65 490.42 Td (39,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.65 490.42 Td (39,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 490.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.50 475.42 Td (T) Tj ET Q q 0 0 0 rg BT 86.91 475.42 Td (otal storage segment revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 475.42 Td (605,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 475.42 Td (616,953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 475.42 Td (610,042) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 51.50 445.43 Td (Fuels marketing segment r) Tj ET Q q 0 0 0 rg BT 165.46 445.43 Td (evenues fr) Tj ET Q q 0 0 0 rg BT 208.88 445.43 Td (om contracts with customers) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.65 445.42 Td (752,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.65 445.42 Td (692,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 445.42 Td (681,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 415.42 Td (Consolidation and intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.30 415.47 Td (\(7,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 415.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.30 415.47 Td (\(12,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.15 415.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 415.47 Td (\(20,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 415.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.50 385.42 Td (T) Tj ET Q q 0 0 0 rg BT 104.91 385.42 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 367.50 385.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.15 385.42 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.50 385.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.15 385.42 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.50 385.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.15 385.42 Td (1,756,682) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 357.25 Td (7) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 357.25 Td (. ) Tj ET Q q 0 0 0 rg BT 58.95 357.25 Td (ALLOW) Tj ET Q q 0 0 0 rg BT 96.18 357.25 Td (ANCE FOR DOUBTFUL) Tj ET Q q 0 0 0 rg BT 205.63 357.25 Td ( ) Tj ET Q q 0 0 0 rg BT 207.58 357.25 Td (ACCOUNTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 336.25 Td (The changes in the allowance for doubtful accounts consisted of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 286.75 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 286.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 286.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 286.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 258.75 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 258.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 258.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 258.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 258.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 258.75 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 312.75 m 415 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 415 312.75 m 419 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 312.75 m 489 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 312.75 m 493 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 312.75 m 563 312.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 299.75 m 415 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 299.75 m 489 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 299.75 m 563 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 244.75 m 415 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 231.75 m 415 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 229.75 m 415 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 244.75 m 489 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 231.75 m 489 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 229.75 m 489 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 244.75 m 563 244.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 231.75 m 563 231.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 229.75 m 563 229.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 317.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 409.20 316.98 Td (Y) Tj ET Q q 0 0 0 rg BT 414.53 316.98 Td (ear) Tj ET Q q 0 0 0 rg BT 425.12 316.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 485.85 316.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 304.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.50 303.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.50 303.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 303.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 291.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 416.35 291.00 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 277.32 Td (Balance as of beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.50 277.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 277.32 Td (9,948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 277.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 277.32 Td (7,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 277.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 277.32 Td (8,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 263.32 Td (Increase in allowance, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.15 263.32 Td (755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 263.32 Td (2,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 263.32 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 249.32 Td (Accounts char) Tj ET Q q 0 0 0 rg BT 115.79 249.32 Td (ged against the allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 385.30 249.37 Td (\(1,291) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.15 249.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 249.37 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 249.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.80 249.37 Td (\(741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 249.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 235.32 Td (Balance as of end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.50 235.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.65 235.32 Td (9,412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 235.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.65 235.32 Td (9,948) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 235.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 235.32 Td (7,756) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 207.25 Td (8) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 207.25 Td (. INVENT) Tj ET Q q 0 0 0 rg BT 98.22 207.25 Td (ORIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.25 Td (Inventories consisted of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 136.75 369.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 136.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 136.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 136.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 108.75 369.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 108.75 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 108.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 108.75 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 162.75 m 489 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 162.75 m 493 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 162.75 m 563 162.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 149.75 m 489 149.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 149.75 m 563 149.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 108.75 m 489 108.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 108.75 m 563 108.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 95.75 m 489 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 93.75 m 489 93.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 95.75 m 563 95.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 93.75 m 563 93.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 167.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.25 166.98 Td (December) Tj ET Q q 0 0 0 rg BT 501.82 166.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 154.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.50 153.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 153.98 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 141.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 453.35 141.00 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 127.32 Td (Petroleum products) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 127.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.65 127.32 Td (12,689) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 127.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 127.32 Td (17,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 113.32 Td (Materials and supplies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.65 113.32 Td (10,024) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 113.32 Td (9,830) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 99.32 Td (T) Tj ET Q q 0 0 0 rg BT 63.91 99.32 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 99.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.65 99.32 Td (22,713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 99.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.65 99.32 Td (26,857) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 71.25 Td (e purchase petroleum products for resale. Our petroleum products consist of intermediates, gasoline, distillates and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 59.25 Td (petroleum products. Materials and supplies mainly consist of blending and additive chemicals and maintenance materials used ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 47.25 Td (in our pipeline and storage segments.) Tj ET Q endstream endobj 181 0 obj <> endobj 182 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (90) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (9) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.50 719.10 Td (. PROPER) Tj ET Q q 0 0 0 rg BT 100.26 719.10 Td (TY) Tj ET Q q 0 0 0 rg BT 113.23 719.10 Td (, PLANT) Tj ET Q q 0 0 0 rg BT 151.94 719.10 Td ( ) Tj ET Q q 0 0 0 rg BT 153.89 719.10 Td (AND EQUIPMENT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 698.10 Td (Property) Tj ET Q q 0 0 0 rg BT 83.29 698.10 Td (, plant and equipment consisted of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 641.60 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 641.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 641.60 8.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 641.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 641.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 641.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 641.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 641.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 613.60 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 613.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 613.60 8.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 613.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 613.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 613.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 613.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 613.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 585.60 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 585.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 585.60 8.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 585.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 585.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 585.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 585.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 585.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 557.60 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 557.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 557.60 8.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 557.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 557.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 557.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 557.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 557.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 529.60 295.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 345.00 529.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 529.60 8.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 529.60 31.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 415.00 529.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.00 529.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 489.00 529.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.00 529.60 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 667.6 m 489 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 489 667.6 m 493 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 667.6 m 563 667.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 345 654.6 m 376 654.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 376 654.6 m 384 654.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 654.6 m 415 654.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 654.6 m 489 654.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 654.6 m 563 654.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 557.6 m 489 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 557.6 m 563 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 529.6 m 489 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 529.6 m 563 529.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 516.6 m 489 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 419 514.6 m 489 514.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 516.6 m 563 516.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493 514.6 m 563 514.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 350.25 666.83 Td (Estimated Useful) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.35 658.83 Td (Lives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.25 671.83 Td (December) Tj ET Q q 0 0 0 rg BT 501.82 671.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 658.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.50 658.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 658.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 645.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 367.90 645.85 Td (\(Y) Tj ET Q q 0 0 0 rg BT 375.94 645.85 Td (ears\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 453.35 645.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 632.17 Td (Land) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 632.17 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 632.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 632.17 Td (143,477) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 632.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 632.17 Td (143,527) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 618.17 Td (Land and leasehold improvements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.50 618.17 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 618.17 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 618.17 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 618.17 Td (215,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 618.17 Td (203,085) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 604.17 Td (Buildings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.00 604.17 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 604.17 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 604.17 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 604.17 Td (160,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 604.17 Td (151,702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 590.17 Td (Pipelines, storage and terminals) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.00 590.17 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 590.17 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 590.17 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 590.17 Td (5,315,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 590.17 Td (5,080,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 576.17 Td (Rights-of-way) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.00 576.17 Td (20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 576.17 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 576.17 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 576.17 Td (301,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 576.17 Td (264,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 562.17 Td (Construction in progress) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 562.17 Td (-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.65 562.17 Td (202,030) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 562.17 Td (400,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 548.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.26 548.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 548.17 Td (6,338,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 548.17 Td (6,243,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 534.17 Td (Less accumulated depreciation and amortization) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.80 534.22 Td (\(2,049,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.15 534.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.80 534.22 Td (\(1,942,548) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 534.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 520.17 Td (Property) Tj ET Q q 0 0 0 rg BT 92.29 520.17 Td (, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.50 520.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 520.17 Td (4,288,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.50 520.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.15 520.17 Td (4,300,933) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 495.10 Td (Capitalized interest costs added to property) Tj ET Q q 0 0 0 rg BT 221.85 495.10 Td (, plant and equipment totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.71 495.10 Td ($7.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.60 495.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.60 495.10 Td ($5.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.49 495.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.93 495.10 Td ($3.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.82 495.10 Td ( for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 483.10 Td (years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 99.48 483.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 178.06 483.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 183.06 483.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.06 483.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.50 483.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 242.50 483.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 295.16 483.10 Td (. Depreciation and amortization expense for property) Tj ET Q q 0 0 0 rg BT 506.37 483.10 Td (, plant and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 471.10 Td (equipment totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.92 471.10 Td ($243.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.82 471.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 187.82 471.10 Td ($222.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.71 471.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.15 471.10 Td ($200.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.04 471.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.39 471.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.97 471.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.97 471.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.97 471.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.41 471.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.41 471.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 459.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (10) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 435.10 Td (. INT) Tj ET Q q 0 0 0 rg BT 82.04 435.10 Td (ANGIBLE ) Tj ET Q q 0 0 0 rg BT 130.11 435.10 Td (ASSETS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (Intangible assets consisted of the following: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 337.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 337.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 337.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 337.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 337.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 337.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 337.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 337.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 337.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 337.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 307.60 171.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 221.50 307.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 286.50 307.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 307.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 307.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 307.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 307.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 307.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 307.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 307.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 387.6 m 355.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 387.6 m 359.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 387.6 m 424.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 387.6 m 493.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 387.6 m 497.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 387.6 m 562.5 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 221.5 350.6 m 286.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 350.6 m 355.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 350.6 m 424.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 350.6 m 493.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 350.6 m 562.5 350.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 307.6 m 355.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 307.6 m 424.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 307.6 m 493.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 307.6 m 562.5 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 293.6 m 355.5 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 291.6 m 355.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 293.6 m 424.5 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 291.6 m 424.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 293.6 m 493.5 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 291.6 m 493.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 293.6 m 562.5 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 291.6 m 562.5 291.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 391.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.75 391.83 Td (December) Tj ET Q q 0 0 0 rg BT 359.32 391.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.75 391.83 Td (December) Tj ET Q q 0 0 0 rg BT 497.32 391.83 Td ( 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 354.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.90 378.83 Td (W) Tj ET Q q 0 0 0 rg BT 243.68 378.83 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 239.55 370.83 Td (A) Tj ET Q q 0 0 0 rg BT 245.03 370.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 230.60 362.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 242.15 354.83 Td (Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.70 354.83 Td (Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.80 362.83 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 368.60 354.83 Td (Amortization) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.70 354.83 Td (Cost) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.80 362.83 Td (Accumulated) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 506.60 354.83 Td (Amortization) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 341.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 241.90 341.85 Td (\(Y) Tj ET Q q 0 0 0 rg BT 249.94 341.85 Td (ears\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.85 341.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 328.17 Td (Customer contracts and relationships) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.50 328.17 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 327.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 327.27 Td (863,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 327.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 327.32 Td (\(132,509) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 327.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 327.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 327.27 Td (863,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 327.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 327.32 Td (\(81,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 327.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 313.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.50 313.17 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 312.27 Td (2,359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 312.32 Td (\(744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 312.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 312.27 Td (2,359) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 312.32 Td (\(694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 312.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 298.17 Td (T) Tj ET Q q 0 0 0 rg BT 70.41 298.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 297.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.15 297.27 Td (866,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 297.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 297.32 Td (\(133,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 297.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 297.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 297.27 Td (866,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 297.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 297.32 Td (\(81,830) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 297.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.10 Td (Intangible assets are recorded at fair value as of the date acquired. ) Tj ET Q q 0 0 0 rg BT 315.71 272.10 Td (All of our intangible assets are amortized on a straight-line ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 74.45 260.10 Td (Amortization expense for intangible assets was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.51 260.10 Td ($51.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.40 260.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.40 260.10 Td ($39.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.29 260.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.73 260.10 Td ($13.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.62 260.10 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 248.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.58 248.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.58 248.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 173.02 248.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.02 248.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 245.68 248.10 Td (. ) Tj ET Q q 0 0 0 rg BT 250.50 248.10 Td (The estimated aggregate amortization expense is approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.91 248.10 Td ($51.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 561.80 248.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 236.10 Td (for each of the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.12 236.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.12 236.10 Td ( through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.23 236.10 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.23 236.10 Td (, and approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.43 236.10 Td ($45.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.32 236.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.98 236.10 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.98 236.10 Td (.) Tj ET Q endstream endobj 183 0 obj <> endobj 184 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 33.60 Td (91) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (1) Tj ET Q q 0 0 0 rg BT 53.95 731.25 Td (1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 58.95 731.25 Td (. GOODWILL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (Changes in the carrying amount of goodwill by segment were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 661.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 661.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 661.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 661.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 661.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 661.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 661.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 661.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 631.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 631.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 631.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 631.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 631.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 631.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 631.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 631.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 601.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 601.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 601.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 601.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 601.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 571.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 571.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 571.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 571.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 571.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 571.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 571.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 571.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 541.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 541.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 541.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 541.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 541.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 511.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 511.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 511.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 511.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 511.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 511.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 511.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 511.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 481.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 481.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 481.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 481.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 481.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 481.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 481.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 481.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 451.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 451.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 451.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 451.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 451.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 451.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 451.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 451.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 421.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 421.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 421.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 421.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 421.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 421.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 421.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 421.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 391.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 391.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 391.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 391.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 391.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 391.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 391.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 391.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 361.75 268.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 318.00 361.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 376.00 361.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 361.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.00 361.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.00 361.75 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 361.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 504.00 361.75 59.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 674.75 m 376 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 674.75 m 438 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 674.75 m 500 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 674.75 m 563 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 616.75 m 376 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 616.75 m 376 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 601.75 m 376 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 616.75 m 438 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 601.75 m 438 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 616.75 m 500 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 601.75 m 500 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 616.75 m 563 616.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 601.75 m 563 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 601.75 m 376 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 496.75 m 376 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 481.75 m 376 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 496.75 m 438 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 481.75 m 438 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 496.75 m 500 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 481.75 m 500 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 496.75 m 563 496.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 481.75 m 563 481.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 361.75 m 376 361.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 347.75 m 376 347.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 318 345.75 m 376 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 361.75 m 438 361.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 347.75 m 438 347.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 380 345.75 m 438 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 361.75 m 500 361.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 347.75 m 500 347.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442 345.75 m 500 345.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 361.75 m 563 361.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 347.75 m 563 347.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 504 345.75 m 563 345.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 332.70 678.98 Td (Pipeline) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.35 678.98 Td (Storage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 461.35 687.98 Td (Fuels) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.25 678.98 Td (Marketing) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.25 678.98 Td (T) Tj ET Q q 0 0 0 rg BT 528.85 678.98 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 666.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 402.85 666.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 651.43 Td (Balances as of January 1, 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 637.32 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.50 636.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 636.42 Td (306,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 636.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 636.42 Td (663,760) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.50 636.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 636.42 Td (31,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 636.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.10 636.42 Td (1,001,090) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 622.32 Td (Accumulated impairment losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 621.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.30 621.47 Td (\(304,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 621.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 621.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 621.47 Td (\(304,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 621.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 607.32 Td (Net goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 606.42 Td (306,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 606.42 Td (359,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 606.42 Td (31,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 606.42 Td (696,637) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 576.43 Td (Activity for) Tj ET Q q 0 0 0 rg BT 101.56 576.43 Td ( the year) Tj ET Q q 0 0 0 rg BT 138.58 576.43 Td ( ended December) Tj ET Q q 0 0 0 rg BT 212.27 576.43 Td ( 31, 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 562.32 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 100.71 562.32 Td (Acquisition preliminary purchase price allocation \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 561.42 Td (400,838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 561.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 561.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.65 561.42 Td (400,838) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 531.43 Td (Balances as of December) Tj ET Q q 0 0 0 rg BT 158.22 531.43 Td (31, 2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.00 517.32 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 516.42 Td (707,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 516.42 Td (663,760) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 516.42 Td (31,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.10 516.42 Td (1,401,928) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 502.32 Td (Accumulated impairment losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 501.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.30 501.47 Td (\(304,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 501.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 501.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 501.47 Td (\(304,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 501.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 487.32 Td (Net goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 486.42 Td (707,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 486.42 Td (359,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 486.42 Td (31,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.10 486.42 Td (1,097,475) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 456.43 Td (Activity for) Tj ET Q q 0 0 0 rg BT 101.56 456.43 Td ( the year) Tj ET Q q 0 0 0 rg BT 138.58 456.43 Td ( ended December) Tj ET Q q 0 0 0 rg BT 212.27 456.43 Td ( 31, 2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 442.32 Td (Navigator ) Tj ET Q q 0 0 0 rg BT 100.71 442.32 Td (Acquisition purchase price allocation adjustments \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.30 441.47 Td (\(2,814) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 441.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 441.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 441.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.30 441.47 Td (\(2,814) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 441.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 427.32 Td (Adjustment due to the sale of our European operations \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 426.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 426.47 Td (\(57,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 426.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 426.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.30 426.47 Td (\(57,685) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 426.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 396.43 Td (Balances as of December) Tj ET Q q 0 0 0 rg BT 158.13 396.43 Td (31, 2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.00 382.32 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 381.42 Td (704,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 381.42 Td (606,075) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 381.42 Td (31,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.10 381.42 Td (1,341,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 367.32 Td (Accumulated impairment losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.15 366.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.30 366.47 Td (\(304,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.15 366.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.15 366.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.30 366.47 Td (\(304,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.15 366.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 352.32 Td (Net goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.50 351.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.65 351.42 Td (704,231) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.50 351.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.65 351.42 Td (301,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.50 351.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.65 351.42 Td (31,123) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.50 351.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.10 351.42 Td (1,036,976) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 333.45 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 333.45 Td (See Note ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 120.49 333.45 Td (5) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 124.99 333.45 Td ( for discussion of the Navigator ) Tj ET Q q 0 0 0 rg BT 240.47 333.45 Td (Acquisition and the sale of our European operations.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 310.65 Td (12) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 310.65 Td (. ) Tj ET Q q 0 0 0 rg BT 64.45 310.65 Td (ACCRUED LIABILITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 289.65 Td (Accrued liabilities consisted of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 240.15 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 240.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 240.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 240.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 212.15 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 212.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 212.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 212.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 184.15 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 184.15 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 184.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 184.15 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 266.15 m 488.5 266.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 266.15 m 492.5 266.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 266.15 m 562.5 266.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 253.14999999999998 m 488.5 253.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 253.14999999999998 m 562.5 253.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 184.14999999999998 m 488.5 184.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 184.14999999999998 m 562.5 184.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 171.14999999999998 m 488.5 171.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 169.14999999999998 m 488.5 169.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 171.14999999999998 m 562.5 171.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 169.14999999999998 m 562.5 169.14999999999998 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 270.40 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.75 270.38 Td (December) Tj ET Q q 0 0 0 rg BT 501.32 270.38 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 257.40 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 257.38 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 257.38 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 244.40 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 244.40 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 230.72 Td (Employee wages and benefit costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 230.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 230.72 Td (30,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 230.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 230.72 Td (16,963) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 216.72 Td (Revenue contract liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 216.72 Td (46,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 216.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 202.72 Td (Deferred revenue) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 202.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 202.72 Td (18,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 188.72 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 188.72 Td (24,337) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 188.72 Td (26,372) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 174.72 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 174.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 174.72 Td (101,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 174.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 174.72 Td (61,578) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 185 0 obj <> endobj 186 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (92) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (13) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 731.25 Td (. DEBT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (Long-term debt consisted of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 657.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 657.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 657.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 657.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 657.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 657.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 657.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 657.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 627.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 627.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 627.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 627.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 627.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 627.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 627.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 627.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 597.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 597.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 597.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 597.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 597.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 597.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 597.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 567.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 567.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 567.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 567.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 567.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 567.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 567.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 567.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 537.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 537.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 537.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 537.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 537.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 537.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 537.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 537.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 497.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 497.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 497.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 497.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 497.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 497.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 497.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 497.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 467.75 286.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 467.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 362.50 467.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 388.50 467.75 26.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 467.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 467.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 467.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 467.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 683.75 m 488.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 683.75 m 492.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 683.75 m 562.5 683.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 336.5 670.75 m 362.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 362.5 670.75 m 388.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 388.5 670.75 m 414.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 670.75 m 488.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 670.75 m 562.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 497.75 m 488.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 497.75 m 562.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 467.75 m 488.5 467.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 453.75 m 488.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 451.75 m 488.5 451.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 467.75 m 562.5 467.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 453.75 m 562.5 453.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 451.75 m 562.5 451.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 688.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.75 687.98 Td (December) Tj ET Q q 0 0 0 rg BT 501.32 687.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 675.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 359.40 674.98 Td (Maturity) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 674.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 674.98 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 662.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 662.00 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 648.32 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 124.38 648.32 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 648.32 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 647.42 Td (745,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 647.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 647.42 Td (893,31) Tj ET Q q 0 0 0 rg BT 553.65 647.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 633.32 Td (7.65% senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 633.32 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 632.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 632.42 Td (350,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 618.32 Td (4.80% senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 618.32 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 617.42 Td (450,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 617.42 Td (450,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 603.32 Td (6.75% senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 603.32 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 602.42 Td (300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 602.42 Td (300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 588.32 Td (4.75% senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 588.32 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 587.42 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 587.42 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 572.42 Td (5.625% senior notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 572.42 Td (2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 572.42 Td (550,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 572.42 Td (550,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 558.32 Td (Subordinated Notes) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 558.32 Td (2043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 557.42 Td (402,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 557.42 Td (402,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 543.32 Td (GoZone Bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.00 543.32 Td (2038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.90 543.32 Td (thru) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.00 543.32 Td (2041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 542.42 Td (365,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 542.42 Td (365,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 528.32 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 145.75 528.32 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.00 528.32 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 527.42 Td (61,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 527.42 Td (62,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 512.42 Td (Net fair value adjustments, unamortized discounts and unamortized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 502.42 Td (debt issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 502.42 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 502.47 Td (\(12,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 502.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 502.47 Td (\(10,492) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 502.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 488.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 488.32 Td (otal long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 487.42 Td (3,1) Tj ET Q q 0 0 0 rg BT 457.15 487.42 Td (1) Tj ET Q q 0 0 0 rg BT 462.15 487.42 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 487.42 Td (3,613,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 472.42 Td ( Less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 472.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 472.42 Td (349,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 458.32 Td (Long-term debt, less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 457.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 457.42 Td (3,1) Tj ET Q q 0 0 0 rg BT 457.15 457.42 Td (1) Tj ET Q q 0 0 0 rg BT 462.15 457.42 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 457.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 457.42 Td (3,263,069) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 429.25 Td (The long-term debt repayments are due as follows \(in thousands of dollars\):) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 418.75 412.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 418.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 390.75 412.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 390.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 362.75 412.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 362.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 334.75 412.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 334.75 100.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 306.75 412.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 462.50 306.75 100.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 334.75 m 562.5 334.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 306.75 m 562.5 306.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 293.75 m 562.5 293.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 462.5 291.75 m 562.5 291.75 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 409.32 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 409.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 409.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 395.32 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 395.32 Td (1,256,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 381.32 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 381.32 Td (300,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 367.32 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 367.32 Td (250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 353.32 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 353.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 339.32 Td (Thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 339.32 Td (1,317,940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 325.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 325.32 Td (otal repayments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 325.32 Td (3,124,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 311.32 Td (Net fair value adjustments, unamortized discounts and unamortized debt issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 311.37 Td (\(12,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 311.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 297.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 297.32 Td (otal long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.00 297.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 297.32 Td (3,1) Tj ET Q q 0 0 0 rg BT 531.15 297.32 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 297.32 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 272.25 Td (Interest payments totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.02 272.25 Td ($190.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.91 272.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.91 272.25 Td ($163.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.81 272.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.24 272.25 Td ($146.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.14 272.25 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.49 272.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.07 272.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 519.07 272.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.07 272.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 260.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 260.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.66 260.25 Td (. ) Tj ET Q q 0 0 0 rg BT 127.48 260.25 Td (W) Tj ET Q q 0 0 0 rg BT 136.12 260.25 Td (e amortized an aggregate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.67 260.25 Td ($7.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.56 260.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.56 260.25 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.45 260.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.89 260.25 Td ($4.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.78 260.25 Td ( of debt issuance costs and debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 248.25 Td (discount for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 165.24 248.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.82 248.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.82 248.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.82 248.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.26 248.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.26 248.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 360.92 248.25 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 222.25 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 121.29 222.25 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 210.25 Td (On June 29, 2018, NuStar Logistics amended its revolving credit agreement \(the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 445.47 210.25 Td (Agreement\) to exclude the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 198.25 Td (Series D Preferred Units from the definition of Indebtedness. ) Tj ET Q q 0 0 0 rg BT 304.93 198.25 Td (Additionally) Tj ET Q q 0 0 0 rg BT 354.83 198.25 Td (, the amendment reduced the total amount available ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 186.25 Td (for borrowing from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.26 186.25 Td ($1.75 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 181.37 186.25 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.15 186.25 Td ($1.575 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.26 186.25 Td (, ef) Tj ET Q q 0 0 0 rg BT 262.85 186.25 Td (fective June 29, 2018, with a further reduction to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.85 186.25 Td ($1.4 billion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.96 186.25 Td (, ef) Tj ET Q q 0 0 0 rg BT 519.55 186.25 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 174.25 Td (December 28, 2018. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.40 174.25 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 222.56 174.25 Td (Agreement was also amended to, among other things, add a minimum consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 162.25 Td (interest coverage ratio \(as defined in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 284.09 162.25 Td (Agreement\), which must not be less than 1.75-to-1.00 for each ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.25 Td (rolling period of four quarters, beginning with the rolling period ending June 30, 2018.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.25 Td (On March 28, 2018, NuStar Logistics amended the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 327.73 126.25 Td (Agreement to increase ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.19 126.25 Td (the maximum allowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.25 Td (consolidated debt coverage ratio \(as defined in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 324.92 114.25 Td (Agreement\) to 5.25-to-1.00 for the rolling periods ending ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.25 Td (June 30, 2018 through December 31, 2018.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.02 102.25 Td ( For any rolling periods ending on or after March 31, 2019, the maximum allowed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.25 Td (consolidated debt coverage ratio may not exceed 5.00-to-1.00. If we complete one or more acquisitions for aggregate net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.25 Td (consideration of at least $50.0 million, our maximum consolidated debt coverage ratio will increase to 5.50-to-1.00 for two ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.25 Td (rolling periods. ) Tj ET Q q 0 0 0 rg BT 113.42 66.25 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 202.58 66.25 Td (Agreement was also amended to, among other things, provide that the definition of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.25 Td (Change in Control in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 231.36 54.25 Td (Agreement excludes the Mer) Tj ET Q q 0 0 0 rg BT 346.97 54.25 Td (ger discussed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.28 54.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.28 54.25 Td (. ) Tj ET Q endstream endobj 187 0 obj <> endobj 188 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (The maximum consolidated debt coverage ratio and minimum consolidated interest coverage ratio requirements may limit the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (amount we can borrow under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 255.51 719.10 Td (Agreement to an amount less than the total amount available for borrowing. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 139.16 707.10 Td (Agreement also contains customary restrictive covenants, such as limitations on indebtedness, liens, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (mer) Tj ET Q q 0 0 0 rg BT 65.37 695.10 Td (gers, asset transfers and certain investing activities.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.30 695.10 Td ( ) Tj ET Q q 0 0 0 rg BT 272.25 695.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.69 695.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.27 695.10 Td (, we believe that we are in compliance with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (the covenants in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 203.31 683.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.44 659.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 659.10 Td (, we had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.13 659.10 Td ($651.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.02 659.10 Td ( available for borrowing. ) Tj ET Q q 0 0 0 rg BT 349.75 659.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 438.90 659.10 Td (Agreement includes the ability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.10 Td (to borrow up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 184.14 647.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.03 647.10 Td ( in Euros and up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.05 647.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.94 647.10 Td ( in British Pounds Sterling. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.10 Td (Obligations under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 210.26 635.10 Td (Agreement are guaranteed by NuStar Ener) Tj ET Q q 0 0 0 rg BT 380.28 635.10 Td (gy and NuPOP) Tj ET Q q 0 0 0 rg BT 439.17 635.10 Td (. For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 623.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 623.10 Td (, we recorded deferred issuance costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.73 623.10 Td ($4.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.62 623.10 Td ( associated with the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 491.82 623.10 Td (Agreement to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 611.10 Td (Other long-term assets, net on the consolidated balance sheet.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (The Revolving Credit ) Tj ET Q q 0 0 0 rg BT 139.16 590.10 Td (Agreement bears interest, at our option, based on an alternative base rate, a LIBOR-based rate or a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (EURIBOR-based rate. ) Tj ET Q q 0 0 0 rg BT 142.29 578.10 Td (The interest rate on the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 308.09 578.10 Td (Agreement is subject to adjustment if our debt rating is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (downgraded \(or upgraded\) by certain credit rating agencies. In February 2018, Moody) Tj ET Q q 0 0 0 rg BT 397.94 566.10 Td (s Investor Service Inc. \(Moody) Tj ET Q q 0 0 0 rg BT 524.85 566.10 Td (s\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 554.10 Td (lowered our credit rating from Ba1 to Ba2. ) Tj ET Q q 0 0 0 rg BT 223.38 554.10 Td (This rating downgrade caused the interest rate on our Revolving Credit ) Tj ET Q q 0 0 0 rg BT 509.69 554.10 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 542.10 Td (to increase by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.03 542.10 Td (0.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.86 542.10 Td ( ef) Tj ET Q q 0 0 0 rg BT 143.95 542.10 Td (fective February 2018. ) Tj ET Q q 0 0 0 rg BT 236.70 542.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 261.14 542.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.73 542.10 Td (, our weighted-average interest rate was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.60 542.10 Td (4.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.43 542.10 Td (, and we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 530.10 Td (had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 530.10 Td ($745.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.83 530.10 Td ( outstanding. During the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.63 530.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.21 530.10 Td (, the weighted-average interest rate related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 518.10 Td (borrowings under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 209.15 518.10 Td (Agreement was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.12 518.10 Td (4.1%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.95 518.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 497.10 Td (Letters of credit issued under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 254.95 497.10 Td (Agreement totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.59 497.10 Td ($3.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.48 497.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.64 497.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.22 497.10 Td (. Letters of credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 485.10 Td (are limited to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 105.82 485.10 Td ($400.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.71 485.10 Td ( \(including up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.29 485.10 Td ($25.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.18 485.10 Td ( in Euros and up to the equivalent of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.20 485.10 Td ($25.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 559.09 485.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.10 Td (in British Pounds Sterling\) and also may restrict the amount we can borrow under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 465.21 473.10 Td (Agreement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 447.10 Td (Notes) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (NuStar Logistics Senior Notes. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.84 435.10 Td (On ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.01 435.10 Td (April28, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.62 435.10 Td (, NuStar Logistics issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.12 435.10 Td ($550.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.01 435.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.34 435.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.17 435.10 Td ( senior notes due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.60 435.10 Td (April28, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.10 Td (2027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 423.10 Td (. ) Tj ET Q q 0 0 0 rg BT 74.82 423.10 Td (W) Tj ET Q q 0 0 0 rg BT 83.46 423.10 Td (e used the net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.53 423.10 Td ($543.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.42 423.10 Td ( from the of) Tj ET Q q 0 0 0 rg BT 295.72 423.10 Td (fering to fund a portion of the purchase price for the Navigator ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.10 Td (Acquisition and to pay related fees and expenses. ) Tj ET Q q 0 0 0 rg BT 249.48 411.10 Td (The interest on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.67 411.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.50 411.10 Td ( senior notes is payable semi-annually in arrears ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.10 Td (on ) Tj ET Q q 0 0 0 rg BT 61.95 399.10 Td (April 28 and October 28 of each year beginning on October 28, 2017. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 375.10 Td (Interest is payable semi-annually in arrears for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.25 375.10 Td ($450.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.14 375.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.47 375.10 Td (4.80%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.30 375.10 Td ( senior notes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.85 375.10 Td ($300.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.74 375.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.07 375.10 Td (6.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 504.90 375.10 Td ( senior notes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 363.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.89 363.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.22 363.10 Td (4.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.05 363.10 Td ( senior notes and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.04 363.10 Td ($550.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.93 363.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.26 363.10 Td (5.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.09 363.10 Td ( senior notes \(collectively) Tj ET Q q 0 0 0 rg BT 423.46 363.10 Td (, the NuStar Logistics Senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 351.10 Td (Notes\). ) Tj ET Q q 0 0 0 rg BT 81.48 351.10 Td (The credit rating downgrade by Moody) Tj ET Q q 0 0 0 rg BT 241.71 351.10 Td (s in February 2018 increased the interest rate on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.20 351.10 Td ($350.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.09 351.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.42 351.10 Td (7.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.25 351.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 339.10 Td (senior notes by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.05 339.10 Td (0.25%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.88 339.10 Td (, resulting in an interest rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.84 339.10 Td (8.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.67 339.10 Td ( applicable to the interest payment due ) Tj ET Q q 0 0 0 rg BT 446.01 339.10 Td (April 15, 2018. ) Tj ET Q q 0 0 0 rg BT 509.43 339.10 Td (W) Tj ET Q q 0 0 0 rg BT 518.07 339.10 Td (e repaid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 327.10 Td (these notes on ) Tj ET Q q 0 0 0 rg BT 108.60 327.10 Td (April 15, 2018 with borrowings under our Revolving Credit ) Tj ET Q q 0 0 0 rg BT 350.25 327.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 303.10 Td (The NuStar Logistics Senior Notes do not have sinking fund requirements. ) Tj ET Q q 0 0 0 rg BT 351.44 303.10 Td (These notes rank equally with existing senior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 291.10 Td (unsecured indebtedness and senior to existing subordinated indebtedness of NuStar Logistics and contain restrictions on NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.10 Td (Logistics) Tj ET Q q 0 0 0 rg BT 89.25 279.10 Td ( ability to incur additional secured indebtedness unless the same security is also provided for the benefit of holders of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 267.10 Td (the NuStar Logistics Senior Notes. In addition, the NuStar Logistics Senior Notes limit NuStar Logistics) Tj ET Q q 0 0 0 rg BT 470.88 267.10 Td ( ability to incur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 255.10 Td (indebtedness secured by certain liens and to engage in certain sale-leaseback transactions. ) Tj ET Q q 0 0 0 rg BT 411.25 255.10 Td (At the option of NuStar Logistics, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 243.10 Td (the NuStar Logistics Senior Notes may be redeemed in whole or in part at any time at a redemption price, which includes a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.10 Td (make-whole premium, plus accrued and unpaid interest to the redemption date. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.06 231.10 Td (If we under) Tj ET Q q 0 0 0 rg BT 414.97 231.10 Td (go a change of control, as defined in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.10 Td (the supplemental indentures for the 6.75% senior notes or the 5.625% senior notes, each holder of the 6.75% senior notes or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.10 Td (5.625% senior notes may require us to repurchase all or a portion of its notes at a price equal to 101% of the principal amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 195.10 Td (of the notes, plus any accrued and unpaid interest to the date of repurchase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.22 195.10 Td (. ) Tj ET Q q 0 0 0 rg BT 353.04 195.10 Td (The NuStar Logistics Senior Notes are fully and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (unconditionally guaranteed by NuStar Ener) Tj ET Q q 0 0 0 rg BT 223.66 183.10 Td (gy and NuPOP) Tj ET Q q 0 0 0 rg BT 282.55 183.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 162.10 Td (NuStar Logistics Subor) Tj ET Q q 0 0 0 rg BT 142.98 162.10 Td (dinated Notes.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 200.75 162.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.25 162.10 Td (NuStar Logistics) Tj ET Q q 0 0 0 rg BT 273.33 162.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.83 162.10 Td ($402.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.73 162.10 Td ( of fixed-to-floating rate subordinated notes are due ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 150.10 Td (January15, 2043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 118.60 150.10 Td ( \(the Subordinated Notes\). ) Tj ET Q q 0 0 0 rg BT 226.45 150.10 Td (The Subordinated Notes are fully and unconditionally guaranteed on an unsecured ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 138.10 Td (and subordinated basis by NuStar Ener) Tj ET Q q 0 0 0 rg BT 205.62 138.10 Td (gy and NuPOP) Tj ET Q q 0 0 0 rg BT 264.52 138.10 Td (. Ef) Tj ET Q q 0 0 0 rg BT 278.77 138.10 Td (fective January 15, 2018, the interest rate on the Subordinated Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 126.10 Td (switched from a fixed annual rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 197.44 126.10 Td (7.625%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.27 126.10 Td (, payable quarterly in arrears, to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.21 126.10 Td (an annual rate equal to the sum of the three-month ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 114.10 Td (LIBOR for the related quarterly interest period, plus 6.734% payable quarterly) Tj ET Q q 0 0 0 rg BT 363.69 114.10 Td (, commencing ) Tj ET Q q 0 0 0 rg BT 422.29 114.10 Td (April 15, 2018, unless payment is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 102.10 Td (deferred in accordance with the terms of the notes. NuStar Logistics may elect to defer interest payments on the Subordinated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (Notes on one or more occasions for up to five consecutive years.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.81 90.10 Td ( Deferred interest will accumulate additional interest at a rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (equal to the interest rate then applicable to the Subordinated Notes until paid. If NuStar Logistics elects to defer interest ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (payments, NuStar Ener) Tj ET Q q 0 0 0 rg BT 142.85 66.10 Td (gy cannot declare or make cash distributions to its unitholders during the period that interest payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 54.10 Td (are deferred. ) Tj ET Q q 0 0 0 rg BT 102.46 54.10 Td (As of December 31, 2018, the interest rate was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.68 54.10 Td (9.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.51 54.10 Td (.) Tj ET Q endstream endobj 189 0 obj <> endobj 190 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (94) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (The Subordinated Notes do not have sinking fund requirements and are subordinated to existing senior unsecured indebtedness ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (of NuStar Logistics and NuPOP) Tj ET Q q 0 0 0 rg BT 177.22 719.10 Td (. ) Tj ET Q q 0 0 0 rg BT 182.04 719.10 Td (The Subordinated Notes do not contain restrictions on NuStar Logistics) Tj ET Q q 0 0 0 rg BT 470.97 719.10 Td ( ability to incur ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (additional indebtedness, including debt that ranks senior in priority of payment to the notes. In addition, the Subordinated Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (do not limit NuStar Logistics) Tj ET Q q 0 0 0 rg BT 169.25 695.10 Td ( ability to incur indebtedness secured by liens or to engage in certain sale-leaseback transactions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (Ef) Tj ET Q q 0 0 0 rg BT 59.26 683.10 Td (fective January 15, 2018, we may redeem the Subordinated Notes in whole or in part at a redemption price equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.72 683.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.05 683.10 Td ( of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (the principal amount plus accrued and unpaid interest to the redemption date. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 645.10 Td (Gulf Opportunity Zone Revenue Bonds) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 633.10 Td (In 2008, 2010 and 201) Tj ET Q q 0 0 0 rg BT 139.90 633.10 Td (1, the Parish of St. James, Louisiana issued Revenue Bonds Series 2008, Series 2010, Series 2010A, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 621.10 Td (Series 2010B and Series 201) Tj ET Q q 0 0 0 rg BT 164.61 621.10 Td (1 associated with our St. James terminal expansions pursuant to the Gulf Opportunity Zone ) Tj ET Q q 0 0 0 rg BT 531.50 621.10 Td (Act of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 609.10 Td (2005 for an aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.96 609.10 Td ($365.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.85 609.10 Td ( \(collectively) Tj ET Q q 0 0 0 rg BT 250.68 609.10 Td (, the GoZone Bonds\). ) Tj ET Q q 0 0 0 rg BT 339.38 609.10 Td (The interest rates on these bonds are based on a weekly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 597.10 Td (tax-exempt bond market interest rate, and interest is paid monthly) Tj ET Q q 0 0 0 rg BT 312.61 597.10 Td (. Following the issuances, the proceeds were deposited with a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.10 Td (trustee and are disbursed to us upon our request for reimbursement of expenditures related to our St. James terminal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 573.10 Td (expansions. ) Tj ET Q q 0 0 0 rg BT 99.26 573.10 Td (W) Tj ET Q q 0 0 0 rg BT 107.90 573.10 Td (e include the amount remaining in the trust in Other long-term assets, net, and we include the amount of bonds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 561.10 Td (issued in Long-term debt in our consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 303.08 561.10 Td (W) Tj ET Q q 0 0 0 rg BT 311.71 561.10 Td (e did not receive any proceeds from the trustee for the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 549.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 549.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 549.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.40 549.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 194.40 549.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 528.10 Td (NuStar Logistics is solely obligated to service the principal and interest payments associated with the GoZone Bonds. Letters of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 516.10 Td (credit were issued by various individual banks on our behalf to guarantee the payment of interest and principal on the bonds. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 504.10 Td (All letters of credit rank equally with existing senior unsecured indebtedness of NuStar Logistics and generally contain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 492.10 Td (same restrictive covenants, maximum consolidated debt coverage ratio and minimum consolidated interest coverage ratio ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 480.10 Td (requirements as the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 201.36 480.10 Td (Agreement. Obligations under the letters of credit issued are guaranteed by NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 468.10 Td (Ener) Tj ET Q q 0 0 0 rg BT 68.70 468.10 Td (gy and NuPOP) Tj ET Q q 0 0 0 rg BT 127.59 468.10 Td (. ) Tj ET Q q 0 0 0 rg BT 132.41 468.10 Td (The letters of credit issued by individual banks do not restrict the amount we can borrow under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 456.10 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 121.11 456.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (The following table summarizes the GoZone Bonds outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 330.50 435.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.09 435.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 380.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 148.50 380.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 380.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 380.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 380.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 380.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 380.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 380.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 350.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 148.50 350.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 350.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 350.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 350.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 350.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 350.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 350.60 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 320.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 144.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 148.50 320.60 94.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 242.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 246.50 320.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 320.60 57.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 320.60 61.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 320.60 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 320.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 320.60 63.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 395.6 m 144.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 148.5 395.6 m 242.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 395.6 m 307.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 395.6 m 368.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 395.6 m 433.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 395.6 m 496.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 395.6 m 563.5 395.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 305.6 m 307.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 305.6 m 368.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 305.6 m 433.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 305.6 m 496.5 305.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 291.6 m 307.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 246.5 289.6 m 307.5 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 291.6 m 368.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 289.6 m 368.5 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 291.6 m 433.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 289.6 m 433.5 289.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 291.6 m 496.5 291.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 289.6 m 496.5 289.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 77.10 399.83 Td (Date Issued) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 170.45 399.83 Td (Maturity Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 262.45 407.83 Td (Amount) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 255.15 399.83 Td (Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 321.15 415.83 Td (Amountof) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.55 407.83 Td (Letter) Tj ET Q q 0 0 0 rg BT 345.72 407.83 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.45 399.83 Td (Cr) Tj ET Q q 0 0 0 rg BT 337.63 399.83 Td (edit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.45 415.83 Td (Amount ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 377.80 407.83 Td (Receivedfr) Tj ET Q q 0 0 0 rg BT 416.52 407.83 Td (om) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.65 399.83 Td (T) Tj ET Q q 0 0 0 rg BT 394.39 399.83 Td (rustee) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.45 415.83 Td (Amount ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.45 407.83 Td (Remainingin) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.55 399.83 Td (T) Tj ET Q q 0 0 0 rg BT 456.29 399.83 Td (rust \(a\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 503.35 399.83 Td (Inter) Tj ET Q q 0 0 0 rg BT 520.53 399.83 Td (estRate \(b\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 384.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 151.00 384.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 333.85 384.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 503.00 384.85 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.05 370.27 Td (June 26, 2008) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.55 370.27 Td (June 1, 2038) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.15 370.27 Td (55,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 370.27 Td (56,169) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 370.27 Td (55,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 370.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 370.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 370.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.65 370.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.90 355.27 Td (July 15, 2010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.40 355.27 Td (July 1, 2040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.15 355.27 Td (100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.15 355.27 Td (101,315) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 355.27 Td (100,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 355.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 355.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.65 355.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 64.60 340.27 Td (October 7, 2010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.60 340.27 Td (October 1, 2040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.15 340.27 Td (50,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 340.27 Td (50,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 340.27 Td (43,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 340.27 Td (6,596) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 340.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.65 340.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.70 325.27 Td (December 29, 2010) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.20 325.27 Td (December 1, 2040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.15 325.27 Td (85,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 325.27 Td (86,1) Tj ET Q q 0 0 0 rg BT 354.65 325.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 325.27 Td (49,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 325.27 Td (36,271) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 325.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.65 325.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.95 310.27 Td (August 29, 201) Tj ET Q q 0 0 0 rg BT 125.16 310.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.30 310.27 Td (August 1, 2041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 276.15 310.27 Td (75,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.15 310.27 Td (75,986) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.15 310.27 Td (75,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 310.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 310.27 Td (1.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 554.65 310.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.00 295.27 Td (T) Tj ET Q q 0 0 0 rg BT 174.41 295.27 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.00 295.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.15 295.27 Td (365,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.00 295.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.15 295.27 Td (370,246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.00 295.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.15 295.27 Td (323,963) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.00 295.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.15 295.27 Td (42,867) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 277.30 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 277.30 Td (Amount remaining in trust includes accrued interest.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 68.00 263.50 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 86.00 263.50 Td (For the year ended ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 155.47 263.50 Td (December31, 2018) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 226.20 263.50 Td (, our weighted-average interest rate on borrowings was ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 426.38 263.50 Td (1.4%) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 445.13 263.50 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 239.50 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 146.29 239.50 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 227.50 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 227.50 Td (gy and NuStar Finance LLC \(NuStar Finance\), a special purpose entity and wholly owned subsidiary of NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 215.50 Td (Logistics, are parties to a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.74 215.50 Td ($125.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.64 215.50 Td ( receivables financing agreement with third-party lenders \(the Receivables Financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 203.50 Td (Agreement\) and agreements with certain of NuStar Ener) Tj ET Q q 0 0 0 rg BT 275.56 203.50 Td (gy) Tj ET Q q 0 0 0 rg BT 288.34 203.50 Td (s wholly owned subsidiaries \(collectively with the Receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 191.50 Td (Financing ) Tj ET Q q 0 0 0 rg BT 91.94 191.50 Td (Agreement, the Securitization Program\). Under the Securitization Program, certain of NuStar Ener) Tj ET Q q 0 0 0 rg BT 486.63 191.50 Td (gy) Tj ET Q q 0 0 0 rg BT 499.41 191.50 Td (s wholly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 179.50 Td (owned subsidiaries \(collectively) Tj ET Q q 0 0 0 rg BT 178.20 179.50 Td (, the Originators\), sell their accounts receivable to NuStar Finance on an ongoing basis, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 167.50 Td (NuStar Finance provides the newly acquired accounts receivable as collateral for its revolving borrowings under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 155.50 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 142.75 155.50 Td (Agreement. NuStar Ener) Tj ET Q q 0 0 0 rg BT 241.70 155.50 Td (gy provides a performance guarantee in connection with the Securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 143.50 Td (Program. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.26 143.50 Td (The March 28, 2018 amendment to the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 318.66 143.50 Td (Agreement also limits the amount of borrowings by NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 131.50 Td (Finance under the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 216.89 131.50 Td (Agreement to $125.0 million. ) Tj ET Q q 0 0 0 rg BT 337.81 131.50 Td (The amount available for borrowing is based on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 119.50 Td (availability of eligible receivables and other customary factors and conditions.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.23 119.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.55 119.50 Td (The Securitization Program contains various ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 107.50 Td (customary af) Tj ET Q q 0 0 0 rg BT 101.74 107.50 Td (firmative and negative covenants and default, indemnification and termination provisions, and the Receivables ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 95.50 Td (Financing ) Tj ET Q q 0 0 0 rg BT 91.94 95.50 Td (Agreement provides for acceleration of amounts owed upon the occurrence of certain specified events.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.88 95.50 Td ( NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 83.50 Td (Finance) Tj ET Q q 0 0 0 rg BT 84.43 83.50 Td (s sole activity consists of purchasing such receivables and providing them as collateral under the Securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 71.50 Td (Program. NuStar Finance is a separate legal entity and the assets of NuStar Finance, including these accounts receivable, are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 59.50 Td (not available to satisfy the claims of creditors of NuStar Ener) Tj ET Q q 0 0 0 rg BT 294.75 59.50 Td (gy) Tj ET Q q 0 0 0 rg BT 304.10 59.50 Td (, the Originators or their af) Tj ET Q q 0 0 0 rg BT 411.10 59.50 Td (filiates.) Tj ET Q endstream endobj 191 0 obj <> endobj 192 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (On March 28, 2018, the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 240.79 731.10 Td (Agreement was amended to change the definition of Change in Control in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 142.75 719.10 Td (Agreement such that the Mer) Tj ET Q q 0 0 0 rg BT 259.20 719.10 Td (ger discussed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.51 719.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.51 719.10 Td ( would not be a Change in Control for purposes of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 157.47 707.10 Td (Agreement. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.89 707.10 Td (On September 20, 2017, the Securitization Program was amended to add certain of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 695.10 Td (gy) Tj ET Q q 0 0 0 rg BT 112.30 695.10 Td (s wholly owned subsidiaries resulting from the Navigator ) Tj ET Q q 0 0 0 rg BT 343.94 695.10 Td (Acquisition and to extend the Securitization ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (Program) Tj ET Q q 0 0 0 rg BT 87.22 683.10 Td (s scheduled termination date from June 15, 2018 to September 20, 2020, with the option to renew for additional 364-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (day periods thereafter) Tj ET Q q 0 0 0 rg BT 136.63 671.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 139.13 671.10 Td ( Borrowings by NuStar Finance under the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 401.57 671.10 Td (Agreement bear interest at the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.10 Td (applicable bank rate, as defined under the Receivables Financing ) Tj ET Q q 0 0 0 rg BT 311.57 659.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 360.44 659.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.88 659.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.47 659.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.91 659.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.91 659.10 Td (, accounts ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.10 Td (receivable totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.63 647.10 Td ($95.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 180.52 647.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 199.96 647.10 Td ($92.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.85 647.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 306.51 647.10 Td (, were included in the Securitization Program. ) Tj ET Q q 0 0 0 rg BT 492.67 647.10 Td (The weighted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.10 Td (average interest rate related to outstanding borrowings under the Securitization Program during the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.57 635.10 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 623.10 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 623.10 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.55 623.10 Td (3.0%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 111.38 623.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 599.10 Td (Short-T) Tj ET Q q 0 0 0 rg BT 81.31 599.10 Td (erm Line of Credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 587.10 Td (NuStar Logistics is party to a short-term line of credit agreement with an uncommitted borrowing capacity of up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.38 587.10 Td ($35.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 575.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 575.10 Td (, which allows us to better manage fluctuations in our daily cash requirements and minimize our excess cash balances. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 563.10 Td (The interest rates and maturities vary and are determined at the time of borrowing. ) Tj ET Q q 0 0 0 rg BT 382.20 563.10 Td (W) Tj ET Q q 0 0 0 rg BT 390.83 563.10 Td (e had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.71 563.10 Td ($18.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 468.60 563.10 Td ( outstanding under this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 551.10 Td (line of credit as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.25 551.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.83 551.10 Td (. Obligations under this short-term line of credit agreement are guaranteed by NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 539.10 Td (Ener) Tj ET Q q 0 0 0 rg BT 68.70 539.10 Td (gy) Tj ET Q q 0 0 0 rg BT 78.05 539.10 Td (. ) Tj ET Q q 0 0 0 rg BT 82.50 539.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.94 539.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 185.52 539.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.96 539.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.96 539.10 Td (, the weighted-average interest rates related to outstanding borrowings under our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 527.10 Td (short-term line of credit were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.67 527.10 Td (4.4%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.50 527.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.94 527.10 Td (3.2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.77 527.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 283.43 527.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 503.10 Td (14) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 503.10 Td (. HEAL) Tj ET Q q 0 0 0 rg BT 92.42 503.10 Td (TH, SAFETY) Tj ET Q q 0 0 0 rg BT 150.95 503.10 Td ( ) Tj ET Q q 0 0 0 rg BT 152.90 503.10 Td (AND ENVIRONMENT) Tj ET Q q 0 0 0 rg BT 253.55 503.10 Td (AL) Tj ET Q q 0 0 0 rg BT 266.89 503.10 Td ( MA) Tj ET Q q 0 0 0 rg BT 285.31 503.10 Td (TTERS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.10 Td (Our operations are subject to extensive international, federal, state and local environmental laws and regulations, in the U.S. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.10 Td (and in the other countries in which we operate, including those relating to the dischar) Tj ET Q q 0 0 0 rg BT 390.55 467.10 Td (ge of materials into the environment, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 455.10 Td (waste management, remediation, the characteristics and composition of fuels, climate change and greenhouse gases. Our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.10 Td (operations are also subject to extensive health, safety and security laws and regulations, including those relating to worker and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.10 Td (pipeline safety) Tj ET Q q 0 0 0 rg BT 107.94 431.10 Td (, pipeline and storage tank integrity and operations security) Tj ET Q q 0 0 0 rg BT 344.17 431.10 Td (. ) Tj ET Q q 0 0 0 rg BT 348.98 431.10 Td (The principal environmental, health, safety and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.10 Td (security risks associated with our operations relate to unauthorized emissions into the air) Tj ET Q q 0 0 0 rg BT 403.96 419.10 Td (, releases into soil, surface water or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.10 Td (groundwater) Tj ET Q q 0 0 0 rg BT 100.14 407.10 Td (, personal injury and property damage. ) Tj ET Q q 0 0 0 rg BT 257.13 407.10 Td (W) Tj ET Q q 0 0 0 rg BT 265.77 407.10 Td (e have adopted policies, practices, systems and procedures to comply ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.10 Td (with the laws and regulations, mitigate these risks, limit the liability that could result from such events, prevent material ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (environmental or other damage, ensure the safety of our employees and the public and secure our pipelines, terminals and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.10 Td (operations. Compliance with environmental, health, safety and security laws, regulations and related permits increases our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.10 Td (capital expenditures and operating expenses, and violation of these laws, regulations or permits could result in significant civil ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.10 Td (and criminal liabilities, injunctions or other penalties. Future governmental action and regulatory initiatives could necessitate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 335.10 Td (changes to expected operating permits and procedures, additional remedial actions or increased capital expenditures and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.10 Td (operating costs. Risks of additional costs and liabilities are inherent within the industry) Tj ET Q q 0 0 0 rg BT 397.34 323.10 Td (, and there can be no assurances that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.10 Td (significant costs and liabilities will not be incurred in the future.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.10 Td (Most of our pipelines are subject to federal regulation by one or more of the following governmental agencies: ) Tj ET Q q 0 0 0 rg BT 494.68 290.10 Td (The Federal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.10 Td (Ener) Tj ET Q q 0 0 0 rg BT 68.70 278.10 Td (gy Regulatory Commission \(the FERC\), the Surface ) Tj ET Q q 0 0 0 rg BT 280.16 278.10 Td (T) Tj ET Q q 0 0 0 rg BT 285.91 278.10 Td (ransportation Board \(the STB\), the Department of ) Tj ET Q q 0 0 0 rg BT 487.90 278.10 Td (T) Tj ET Q q 0 0 0 rg BT 493.66 278.10 Td (ransportation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.10 Td (\(DOT\), the Environmental Protection ) Tj ET Q q 0 0 0 rg BT 201.91 266.10 Td (Agency \(EP) Tj ET Q q 0 0 0 rg BT 249.59 266.10 Td (A\) and the Department of Homeland Security) Tj ET Q q 0 0 0 rg BT 431.66 266.10 Td (. ) Tj ET Q q 0 0 0 rg BT 436.11 266.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 486.01 266.10 Td (, the operations ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.10 Td (and integrity of the pipelines are subject to the respective state jurisdictions along the routes of the systems.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.10 Td (Environmental and safety exposures and liabilities are dif) Tj ET Q q 0 0 0 rg BT 280.02 233.10 Td (ficult to assess and estimate due to unknown factors such as the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.10 Td (timing and extent of remediation, the determination of our liability in proportion to other parties, improvements in cleanup ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.10 Td (technologies and the extent to which environmental and safety laws and regulations may change in the future. ) Tj ET Q q 0 0 0 rg BT 490.98 209.10 Td (Although ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 197.10 Td (environmental and safety costs may have a significant impact on the results of operations for any single period, we believe that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 185.10 Td (such costs will not have a material adverse ef) Tj ET Q q 0 0 0 rg BT 230.86 185.10 Td (fect on our financial position.) Tj ET Q endstream endobj 193 0 obj <> endobj 194 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (96) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (The balance of and changes in the accruals for environmental matters were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 681.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 681.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 681.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 681.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 651.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 651.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 651.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 651.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 621.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 621.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 621.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 621.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 707.6 m 488.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 707.6 m 492.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 694.6 m 488.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 694.6 m 562.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 621.6 m 488.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 621.6 m 562.5 621.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 607.6 m 488.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 605.6 m 488.5 605.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 607.6 m 562.5 607.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 605.6 m 562.5 605.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 711.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.70 711.83 Td (Y) Tj ET Q q 0 0 0 rg BT 451.03 711.83 Td (ear) Tj ET Q q 0 0 0 rg BT 461.62 711.83 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 522.35 711.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 698.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 698.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 698.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 685.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 685.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 672.17 Td (Balance as of the beginning of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 671.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 671.27 Td (5,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 671.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 671.27 Td (5,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 657.17 Td (Additions to accrual) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 656.27 Td (5,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 656.27 Td (3,186) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 642.17 Td (Payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 641.32 Td (\(3,058) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 641.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 641.32 Td (\(2,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 641.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 627.17 Td (Foreign currency translation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 626.32 Td (\(32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 626.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 626.27 Td (52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 612.17 Td (Balance as of the end of year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 611.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 611.27 Td (7,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 611.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 611.27 Td (5,683) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 597.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 585.50 Td (Accruals for environmental matters are included in the consolidated balance sheets as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 536.00 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 536.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 536.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 536.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 506.00 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 506.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 506.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 506.00 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 562 m 488.5 562 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 562 m 492.5 562 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 562 m 562.5 562 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 549 m 488.5 549 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 549 m 562.5 549 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 506 m 488.5 506 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 506 m 562.5 506 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 492 m 488.5 492 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 490 m 488.5 490 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 492 m 562.5 492 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 490 m 562.5 490 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 566.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.75 566.23 Td (December) Tj ET Q q 0 0 0 rg BT 501.32 566.23 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 553.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 553.23 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 553.23 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 540.25 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 540.25 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 526.57 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 525.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 525.67 Td (4,349) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 525.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 525.67 Td (3,054) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 511.57 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 510.67 Td (3,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 510.67 Td (2,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 496.57 Td (Accruals for environmental matters) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 495.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 495.67 Td (7,753) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 495.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 495.67 Td (5,683) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 467.50 Td (15) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 467.50 Td (. COMMITMENTS ) Tj ET Q q 0 0 0 rg BT 146.95 467.50 Td (AND CONTINGENCIES) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 446.50 Td (Contingencies ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.50 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 434.50 Td (e have contingent liabilities resulting from various litigation, claims and commitments. ) Tj ET Q q 0 0 0 rg BT 408.66 434.50 Td (W) Tj ET Q q 0 0 0 rg BT 417.30 434.50 Td (e record accruals for loss ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.50 Td (contingencies when losses are considered probable and can be reasonably estimated. Legal fees associated with defending the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.50 Td (Partnership in legal matters are expensed as incurred. ) Tj ET Q q 0 0 0 rg BT 265.57 410.50 Td (W) Tj ET Q q 0 0 0 rg BT 274.21 410.50 Td (e accrued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 314.73 410.50 Td ($2.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.62 410.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.06 410.50 Td ($7.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.95 410.50 Td ( for contingent losses as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 398.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.02 398.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.02 398.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 220.68 398.50 Td (. ) Tj ET Q q 0 0 0 rg BT 225.50 398.50 Td (The amount that will ultimately be paid related to such matters may dif) Tj ET Q q 0 0 0 rg BT 509.69 398.50 Td (fer from the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.50 Td (recorded accruals, and the timing of such payments is uncertain. ) Tj ET Q q 0 0 0 rg BT 309.17 386.50 Td (W) Tj ET Q q 0 0 0 rg BT 317.81 386.50 Td (e evaluate each contingent loss at least quarterly) Tj ET Q q 0 0 0 rg BT 510.14 386.50 Td (, and more ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 374.50 Td (frequently as each matter progresses and develops over time, and we do not believe that the resolution of any particular claim ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 362.50 Td (or proceeding, or all matters in the aggregate, would have a material adverse ef) Tj ET Q q 0 0 0 rg BT 366.07 362.50 Td (fect on our results of operations, financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.50 Td (position or liquidity) Tj ET Q q 0 0 0 rg BT 128.80 350.50 Td (. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 324.50 Td (Commitments) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 312.50 Td (Lessee and Other Commitments.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 179.99 312.50 Td ( Future minimum rental payments applicable to all noncancellable operating leases and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 300.50 Td (purchase obligations as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.64 300.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 235.22 300.50 Td ( are as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 244.00 103.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 153.50 244.00 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 208.50 244.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 212.50 244.00 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 244.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 271.50 244.00 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 244.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.50 244.00 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.50 244.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.50 244.00 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 244.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 244.00 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 244.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 244.00 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 153.5 277 m 208.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 208.5 277 m 212.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 277 m 267.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 277 m 271.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271.5 277 m 326.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 277 m 330.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 277 m 385.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 385.5 277 m 389.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 277 m 444.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444.5 277 m 448.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 277 m 503.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503.5 277 m 507.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 277 m 562.5 277 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 153.5 257 m 208.5 257 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 212.5 257 m 267.5 257 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 271.5 257 m 326.5 257 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330.5 257 m 385.5 257 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389.5 257 m 444.5 257 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 257 m 503.5 257 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 257 m 562.5 257 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 281.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 315.35 281.23 Td (PaymentsDuebyPeriod) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 261.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 172.50 261.23 Td (2019) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 231.50 261.23 Td (2020) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.50 261.23 Td (2021) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.50 261.23 Td (2022) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.50 261.23 Td (2023) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.00 269.08 Td (Ther) Tj ET Q q 0 0 0 rg BT 480.74 269.08 Td (e-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.35 261.08 Td (after) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.75 261.23 Td (T) Tj ET Q q 0 0 0 rg BT 530.35 261.23 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 248.25 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 320.35 248.25 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 234.57 Td (Operating leases) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.15 233.67 Td (34,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 233.67 Td (20,787) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 233.67 Td (14,904) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 233.67 Td (9,280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 233.67 Td (6,870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 233.67 Td (28,552) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 233.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 233.67 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 233.67 Td (15,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 219.57 Td (Purchase obligations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.15 218.67 Td (10,896) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.15 218.67 Td (7,958) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 300.15 218.67 Td (7,01) Tj ET Q q 0 0 0 rg BT 317.65 218.67 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.15 218.67 Td (4,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 218.67 Td (602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 218.67 Td (2,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 218.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 218.67 Td (34,061) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 193.50 Td (Rental expense for operating leases totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.82 193.50 Td ($42.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.71 193.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.71 193.50 Td ($36.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.61 193.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.04 193.50 Td ($37.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.94 193.50 Td ( for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.29 193.50 Td (December31, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 181.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 181.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.00 181.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 95.00 181.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.44 181.50 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.44 181.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 187.10 181.50 Td (. Our operating leases consist primarily of the following:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 166.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 166.50 Td (two leases for tugs and bar) Tj ET Q q 0 0 0 rg BT 210.73 166.50 Td (ges utilized at our St. Eustatius facility for bunker fuel sales, with original terms of nine ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 154.50 Td (and ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.75 154.50 Td (; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 139.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 139.50 Td (land and dock leases at various terminal facilities, with original terms generally ranging from 5 to 40 years, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 127.50 Td (including a build-to-suit lease with an initial term of five years and four additional five-year renewal periods that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.00 115.50 Td (also includes a commitment for minimum dockage and wharfage throughput volumes.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 91.50 Td (Our purchase obligations primarily consist of an eleven-year chemical supply agreement related to our pipelines.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.24 91.50 Td ( ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 67.50 Td (Lessor Revenues. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.93 67.50 Td (W) Tj ET Q q 0 0 0 rg BT 130.57 67.50 Td (e have entered into certain revenue arrangements where we are considered to be the lessor in accordance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 55.50 Td (with GAAP) Tj ET Q q 0 0 0 rg BT 96.40 55.50 Td (. Under these arrangements, we lease certain of our storage tanks in exchange for a fixed fee, subject to an annual ) Tj ET Q endstream endobj 195 0 obj <> endobj 196 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (97) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (consumer price index adjustment. ) Tj ET Q q 0 0 0 rg BT 187.28 731.10 Td (The arrangements commenced on January 1, 2017, and have initial terms of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.29 731.10 Td (ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.11 731.10 Td ( with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (successive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.71 719.10 Td (ten) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.92 719.10 Td (-year automatic renewal terms. ) Tj ET Q q 0 0 0 rg BT 233.07 719.10 Td (W) Tj ET Q q 0 0 0 rg BT 241.71 719.10 Td (e recognized ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.01 719.10 Td ($39.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.90 719.10 Td ( of lease revenues from these leases for the year ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.38 707.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.96 707.10 Td (, which is included in Service revenues in the consolidated statements of income. Future minimum ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (revenues we expect to receive under these lease arrangements as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.25 695.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.84 695.10 Td ( total ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.61 695.10 Td ($313.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.50 695.10 Td (, which we will ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (recognize ratably over the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 198.00 683.10 Td (eight) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.99 683.10 Td ( years. ) Tj ET Q q 0 0 0 rg BT 246.04 683.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.48 683.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.07 683.10 Td (, the cost and accumulated depreciation of leased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (storage assets totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.92 671.10 Td ($233.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 195.81 671.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.25 671.10 Td ($1) Tj ET Q q 0 0 0 rg BT 224.88 671.10 Td (13.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.77 671.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 326.43 671.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 647.10 Td (16) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 647.10 Td (. F) Tj ET Q q 0 0 0 rg BT 70.37 647.10 Td (AIR ) Tj ET Q q 0 0 0 rg BT 91.02 647.10 Td (V) Tj ET Q q 0 0 0 rg BT 96.95 647.10 Td (ALUE MEASUREMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 626.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 626.10 Td (e segregate the inputs used in measuring fair value into three levels: Level 1, defined as observable inputs such as quoted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 614.10 Td (prices for identical assets or liabilities in active markets; Level 2, defined as inputs other than quoted prices in active markets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.10 Td (that are either directly or indirectly observable, such as quoted prices for similar assets or liabilities in active markets or quoted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.10 Td (prices for identical assets or liabilities in markets that are not active; and Level 3, defined as unobservable inputs for which ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.10 Td (little or no market data exists. ) Tj ET Q q 0 0 0 rg BT 171.18 578.10 Td (W) Tj ET Q q 0 0 0 rg BT 179.81 578.10 Td (e consider counterparty credit risk and our own credit risk in the determination of all estimated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.10 Td (fair values.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 545.10 Td (Recurring Fair V) Tj ET Q q 0 0 0 rg BT 121.13 545.10 Td (alue Measurements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 533.10 Td (The following assets and liabilities are measured at fair value on a recurring basis:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 483.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 483.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 483.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 483.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 453.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 453.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 453.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 453.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 453.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 423.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 423.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 423.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 423.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 423.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 393.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 393.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 393.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 393.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 393.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 393.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 393.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 393.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 363.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 290.50 363.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 363.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 363.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 363.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 363.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 363.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 363.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 509.6 m 355.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 509.6 m 359.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 509.6 m 424.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 509.6 m 428.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 509.6 m 493.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 509.6 m 497.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 509.6 m 562.5 509.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 496.6 m 355.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 496.6 m 424.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 496.6 m 493.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 496.6 m 562.5 496.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 408.6 m 355.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 394.6 m 355.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 290.5 392.6 m 355.5 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 408.6 m 424.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 394.6 m 424.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 392.6 m 424.5 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 408.6 m 493.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 394.6 m 493.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 392.6 m 493.5 392.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 408.6 m 562.5 408.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 394.6 m 562.5 394.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 392.6 m 562.5 392.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 513.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.75 513.83 Td (December) Tj ET Q q 0 0 0 rg BT 428.32 513.83 Td ( 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 500.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.15 500.83 Td (Level1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 379.15 500.83 Td (Level2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.15 500.83 Td (Level3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.75 500.83 Td (T) Tj ET Q q 0 0 0 rg BT 525.35 500.83 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 487.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 388.85 487.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 474.33 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 459.17 Td (Other current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 444.17 Td (Commodity derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 443.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 443.27 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 443.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 443.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 443.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 443.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 443.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 443.27 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 429.17 Td (Other long-term assets, net:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 414.17 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 413.27 Td (627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 413.27 Td (627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.00 399.17 Td (T) Tj ET Q q 0 0 0 rg BT 94.41 399.17 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 398.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.65 398.27 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 398.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.65 398.27 Td (627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 398.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 398.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 398.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 398.27 Td (757) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 384.33 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 369.17 Td (Other long-term liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 354.17 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.00 353.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 353.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 353.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.30 353.32 Td (\(751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 353.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 353.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 353.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 353.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 353.32 Td (\(751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 353.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 287.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 287.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 287.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 287.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 287.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 287.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 287.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 287.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 257.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 257.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 257.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 257.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 257.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 257.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 257.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 257.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 227.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 227.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 227.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 227.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 227.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 227.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 227.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 227.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 197.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 197.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 197.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 197.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 197.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 197.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 197.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 197.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 167.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 167.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 167.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 167.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 167.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 167.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 167.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 167.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 51.50 137.60 240.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 291.50 137.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 355.50 137.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 137.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 137.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 137.60 64.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 491.50 137.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 495.50 137.60 64.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 313.6 m 355.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 355.5 313.6 m 359.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 313.6 m 423.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 313.6 m 427.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 313.6 m 491.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 491.5 313.6 m 495.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 313.6 m 559.5 313.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 300.6 m 355.5 300.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 300.6 m 423.5 300.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 300.6 m 491.5 300.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 300.6 m 559.5 300.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 137.60000000000002 m 355.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 123.60000000000002 m 355.5 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 291.5 121.60000000000002 m 355.5 121.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 137.60000000000002 m 423.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 123.60000000000002 m 423.5 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 121.60000000000002 m 423.5 121.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 137.60000000000002 m 491.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 123.60000000000002 m 491.5 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 121.60000000000002 m 491.5 121.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 137.60000000000002 m 559.5 137.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 123.60000000000002 m 559.5 123.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 495.5 121.60000000000002 m 559.5 121.60000000000002 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.75 317.83 Td (December) Tj ET Q q 0 0 0 rg BT 427.32 317.83 Td ( 31, 2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 310.65 304.83 Td (Level1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 378.65 304.83 Td (Level2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 446.65 304.83 Td (Level3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.25 304.83 Td (T) Tj ET Q q 0 0 0 rg BT 522.85 304.83 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 387.85 291.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 278.33 Td (Assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 263.17 Td (Other current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 248.17 Td (Product imbalances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.15 247.27 Td (3,890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 247.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 247.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 247.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 533.15 247.27 Td (3,890) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 233.33 Td (Liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 218.17 Td (Accrued liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 203.17 Td (Product imbalances) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 202.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.80 202.32 Td (\(1,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 202.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 202.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 202.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 202.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 202.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 202.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 202.32 Td (\(1,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.65 202.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 188.17 Td (Commodity derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.30 187.32 Td (\(878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 187.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.65 187.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 187.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.30 187.32 Td (\(878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.65 187.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 173.17 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 172.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 172.32 Td (\(5,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 172.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 172.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 172.32 Td (\(5,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.65 172.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 63.00 158.17 Td (Other long-term liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.00 143.17 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.65 142.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 142.32 Td (\(4,594) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 142.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 142.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.80 142.32 Td (\(4,594) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.65 142.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 90.00 128.17 Td (T) Tj ET Q q 0 0 0 rg BT 95.41 128.17 Td (otal liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.00 127.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.80 127.32 Td (\(2,412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.65 127.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 127.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 127.32 Td (\(9,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 127.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 127.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.65 127.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 498.00 127.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.80 127.32 Td (\(12,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 555.65 127.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 102.10 Td (Pr) Tj ET Q q 0 0 0 rg BT 59.63 102.10 Td (oduct Imbalances.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 132.94 102.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 135.44 102.10 Td (Pursuant to the new revenue recognition standard we adopted January 1, 2018, we no longer recognize the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 90.10 Td (fair value of product imbalances on our consolidated balance sheets. Prior to adoption, we valued our assets and liabilities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 78.10 Td (related to product imbalances using quoted market prices in active markets as of the reporting date; accordingly) Tj ET Q q 0 0 0 rg BT 495.86 78.10 Td (, we included ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 66.10 Td (these product imbalances in Level 1 of the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 299.80 66.10 Td (.) Tj ET Q endstream endobj 197 0 obj <> endobj 198 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (98) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (Commodity Derivatives. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 149.70 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 158.34 731.10 Td (e base the fair value of certain of our commodity derivative instruments on quoted prices on an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (exchange; accordingly) Tj ET Q q 0 0 0 rg BT 139.58 719.10 Td (, we include these items in Level 1 of the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 384.12 719.10 Td (. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.99 719.10 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.99 719.10 Td ( for a discussion of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (derivative instruments.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 686.10 Td (Inter) Tj ET Q q 0 0 0 rg BT 69.07 686.10 Td (est Rate Swaps.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 131.56 686.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 134.06 686.10 Td (Because we estimate the fair value of our forward-starting interest rate swaps using discounted cash flows, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 674.10 Td (which use observable inputs such as time to maturity and market interest rates, we include these interest rate swaps in Level 2 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 662.10 Td (of the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 153.18 662.10 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 641.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 76.40 641.10 Td (alue of Financial Instruments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 629.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 629.10 Td (e recognize cash equivalents, receivables, payables and debt in our consolidated balance sheets at their carrying amounts. ) Tj ET Q q 0 0 0 rg BT 546.04 629.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 617.10 Td (fair values of these financial instruments, except for long-term debt, approximate their carrying amounts. ) Tj ET Q q 0 0 0 rg BT 472.18 617.10 Td (The estimated fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 605.10 Td (values and carrying amounts of the long-term debt, including the current portion, were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 568.60 344.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 393.50 568.60 82.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 568.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 479.50 568.60 82.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 393.5 581.6 m 475.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 479.5 581.6 m 561.5 581.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 401.75 585.83 Td (December) Tj ET Q q 0 0 0 rg BT 436.32 585.83 Td ( 31, 2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.75 585.83 Td (December) Tj ET Q q 0 0 0 rg BT 522.25 585.83 Td ( 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.00 572.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 439.85 572.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 559.17 Td (Fair value) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 558.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 558.27 Td (3,056,704) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 558.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 558.27 Td (3,677,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 544.17 Td (Carrying amount) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.00 543.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.65 543.27 Td (3,1) Tj ET Q q 0 0 0 rg BT 444.15 543.27 Td (1) Tj ET Q q 0 0 0 rg BT 449.15 543.27 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.00 543.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.65 543.27 Td (3,613,059) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 515.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 515.10 Td (e have estimated the fair value of our publicly traded notes based upon quoted prices in active markets; therefore, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 503.10 Td (determined that the fair value of our publicly traded senior notes falls in Level 1 of the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 476.13 503.10 Td (. ) Tj ET Q q 0 0 0 rg BT 480.95 503.10 Td (W) Tj ET Q q 0 0 0 rg BT 489.99 503.10 Td (ith regard to our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 491.10 Td (other debt, for which a quoted market price is not available, we have estimated the fair value using a discounted cash flow ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 479.10 Td (analysis using current incremental borrowing rates for similar types of borrowing arrangements and determined that the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 467.10 Td (value falls in Level 2 of the fair value hierarchy) Tj ET Q q 0 0 0 rg BT 240.10 467.10 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 443.10 Td (17) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 443.10 Td (. DERIV) Tj ET Q q 0 0 0 rg BT 95.94 443.10 Td (A) Tj ET Q q 0 0 0 rg BT 102.42 443.10 Td (TIVES ) Tj ET Q q 0 0 0 rg BT 134.38 443.10 Td (AND RISK MANAGEMENT) Tj ET Q q 0 0 0 rg BT 260.87 443.10 Td ( ) Tj ET Q q 0 0 0 rg BT 262.82 443.10 Td (ACTIVITIES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 422.10 Td (e utilize various derivative instruments to manage our exposure to interest rate risk and commodity price risk. Our risk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 410.10 Td (management policies and procedures are designed to monitor interest rates, futures and swap positions and over) Tj ET Q q 0 0 0 rg BT 496.89 410.10 Td (-the-counter ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.10 Td (positions, as well as physical volumes, grades, locations and delivery schedules, to help ensure that our hedging activities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 386.10 Td (address our market risks. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 362.10 Td (Interest Rate Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 350.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 350.10 Td (e are a party to certain interest rate swap agreements to manage our exposure to changes in interest rates, which include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 338.10 Td (forward-starting interest rate swap agreements related to a forecasted debt issuance in 2020. ) Tj ET Q q 0 0 0 rg BT 419.67 338.10 Td (W) Tj ET Q q 0 0 0 rg BT 428.31 338.10 Td (e entered into these swaps during ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 326.10 Td (the year ended December 31, 2015 in order to hedge the risk of fluctuations in the required interest payments attributable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 314.10 Td (changes in the benchmark interest rate during the period from the ef) Tj ET Q q 0 0 0 rg BT 321.66 314.10 Td (fective date of the swap to the issuance of the forecasted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 302.10 Td (debt. Under the terms of the swaps, we pay a fixed rate and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.64 302.10 Td (receive a rate based on the three-month USD LIBOR) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.79 302.10 Td (. ) Tj ET Q q 0 0 0 rg BT 506.61 302.10 Td (These swaps ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 290.10 Td (qualify as cash flow hedges, and we designate them as such. ) Tj ET Q q 0 0 0 rg BT 293.36 290.10 Td (W) Tj ET Q q 0 0 0 rg BT 302.00 290.10 Td (e record the ef) Tj ET Q q 0 0 0 rg BT 359.28 290.10 Td (fective portion of mark-to-market adjustments as a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 278.10 Td (component of ) Tj ET Q q 0 0 0 rg BT 107.21 278.10 Td (AOCI, and the amount in ) Tj ET Q q 0 0 0 rg BT 210.53 278.10 Td (AOCI will be recognized in Interest expense, net as the forecasted interest payments ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 266.10 Td (occur or if the interest payments are probable not to occur) Tj ET Q q 0 0 0 rg BT 281.03 266.10 Td (. ) Tj ET Q q 0 0 0 rg BT 285.47 266.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.92 266.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.50 266.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.94 266.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.94 266.10 Td (, the aggregate notional amount ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 254.10 Td (of forward-starting interest rate swaps totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.38 254.10 Td ($250.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.27 254.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.71 254.10 Td ($600.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.60 254.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 424.26 254.10 Td (. In ) Tj ET Q q 0 0 0 rg BT 439.54 254.10 Td (April 2018, in connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.10 Td (with the maturity of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.92 242.10 Td (7.65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.75 242.10 Td ( senior notes due ) Tj ET Q q 0 0 0 rg BT 242.19 242.10 Td (April 15, 2018, we terminated forward-starting interest rate swaps with an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 230.10 Td (aggregate notional amount of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.96 230.10 Td ($350.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.85 230.10 Td ( and received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.65 230.10 Td ($8.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.54 230.10 Td (. ) Tj ET Q q 0 0 0 rg BT 338.36 230.10 Td (The termination payments are included in cash flows ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.10 Td (from financing activities on the consolidated statements of cash flows. During the third and fourth quarters of 2018, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 206.10 Td (determined that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 114.98 206.10 Td (two) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 129.98 206.10 Td ( forecasted interest payments were probable not to occur) Tj ET Q q 0 0 0 rg BT 355.60 206.10 Td (, and we reclassified ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 439.73 206.10 Td ($0.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.62 206.10 Td ( from ) Tj ET Q q 0 0 0 rg BT 512.50 206.10 Td (AOCI to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.10 Td (Interest expense, net.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.10 Td (The remaining fair value amount associated with unwound fixed-to-floating interest rate swap agreements totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 506.51 170.10 Td ($10.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.41 170.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 158.10 Td (and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.94 158.10 Td ($15.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.83 158.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.99 158.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.57 158.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.01 158.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.01 158.10 Td (, respectively; these assets are included in Long-term debt on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 146.10 Td (consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 165.33 146.10 Td (The remaining fair value amount associated with unwound forward-starting interest rate swap ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 134.10 Td (agreements totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 127.74 134.10 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.64 134.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.07 134.10 Td ($14.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.97 134.10 Td ( as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.13 134.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.71 134.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.15 134.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.15 134.10 Td (, respectively; these losses are included in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 122.10 Td (AOCI on the consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 219.49 122.10 Td (These amounts are amortized ratably over the remaining life of the related debt ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 110.10 Td (instrument into Interest expense, net on the consolidated statements of income.) Tj ET Q endstream endobj 199 0 obj <> endobj 200 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.00 31.60 Td (99) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (Commodity Price Risk) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 719.25 Td (e are exposed to market risks related to the volatility of petroleum product prices. In order to reduce the risk of commodity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (price fluctuations with respect to our petroleum product inventories and related firm commitments to purchase and/or sell such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.25 Td (inventories, we utilize commodity futures and swap contracts, which qualify) Tj ET Q q 0 0 0 rg BT 355.10 695.25 Td (, and we designate, as fair value hedges. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.25 Td (Derivatives that are intended to hedge our commodity price risk but fail to qualify as fair value hedges are considered economic ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.25 Td (hedges, and we record associated gains and losses in net income. Our risk management committee oversees our trading controls ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.25 Td (and procedures and certain aspects of commodity and trading risk management. Our risk management committee also reviews ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.25 Td (all new commodity and trading risk management strategies in accordance with our risk management policy) Tj ET Q q 0 0 0 rg BT 478.11 647.25 Td (, as approved by our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 635.25 Td (board of directors. ) Tj ET Q q 0 0 0 rg BT 125.90 635.25 Td (W) Tj ET Q q 0 0 0 rg BT 134.54 635.25 Td (e ceased marketing crude oil in the second quarter of 2017 and exited our heavy fuels trading operations in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 623.25 Td (the third quarter of 2017, thereby reducing our overall hedging activity) Tj ET Q q 0 0 0 rg BT 332.87 623.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 602.25 Td (The volume of commodity contracts is based on open derivative positions and represents the combined volume of our long and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 590.25 Td (short open positions on an absolute basis, which totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.97 590.25 Td (0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.86 590.25 Td ( barrels and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.01 590.25 Td (1.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.90 590.25 Td ( barrels as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.77 590.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.35 590.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 578.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.00 578.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 122.66 578.25 Td (. ) Tj ET Q q 0 0 0 rg BT 127.48 578.25 Td (W) Tj ET Q q 0 0 0 rg BT 136.12 578.25 Td (e had ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 160.00 578.25 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.00 578.25 Td ( mar) Tj ET Q q 0 0 0 rg BT 187.86 578.25 Td (gin deposits as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 260.08 578.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 338.66 578.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.10 578.25 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.99 578.25 Td ( of mar) Tj ET Q q 0 0 0 rg BT 435.69 578.25 Td (gin deposits as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 566.25 Td (December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.58 566.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 545.25 Td (The fair values of our derivative instruments included in our consolidated balance sheets were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.75 165.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 482.75 121.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 482.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 482.75 52.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 482.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 482.75 53.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 482.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 482.75 52.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 482.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 482.75 53.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 443.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 443.75 121.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 443.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 443.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 443.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 443.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 443.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 443.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 443.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 443.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 413.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 413.75 121.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 413.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 413.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 413.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 413.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 413.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 413.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 413.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 413.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 383.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 383.75 121.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 383.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 383.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 383.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 383.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 383.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 383.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 383.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 383.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 353.75 165.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 353.75 121.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 353.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 353.75 52.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 353.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 353.75 53.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 353.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 353.75 52.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 353.75 4.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 353.75 53.00 -24.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 314.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 314.75 121.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 314.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 314.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 314.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 314.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 314.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 314.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 314.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 314.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 284.75 165.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 215.50 284.75 121.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 336.50 284.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 340.50 284.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 392.50 284.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 396.50 284.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 284.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 453.50 284.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 284.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 509.50 284.75 53.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 521.75 m 392.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 521.75 m 396.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 521.75 m 449.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 521.75 m 505.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 521.75 m 509.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 521.75 m 562.5 521.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 508.75 m 392.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 392.5 508.75 m 396.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 508.75 m 449.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 508.75 m 453.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 508.75 m 505.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 508.75 m 509.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 508.75 m 562.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 215.5 495.75 m 336.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 495.75 m 392.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 495.75 m 449.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 495.75 m 505.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 495.75 m 562.5 495.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 383.75 m 392.5 383.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 368.75 m 392.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 383.75 m 449.5 383.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 368.75 m 449.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 383.75 m 505.5 383.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 368.75 m 505.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 383.75 m 562.5 383.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 368.75 m 562.5 368.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 299.75 m 392.5 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 284.75 m 392.5 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 299.75 m 449.5 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 284.75 m 449.5 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 299.75 m 505.5 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 284.75 m 505.5 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 299.75 m 562.5 299.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 284.75 m 562.5 284.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 255.75 m 392.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 340.5 253.75 m 392.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 255.75 m 449.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 396.5 253.75 m 449.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 255.75 m 505.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 453.5 253.75 m 505.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 255.75 m 562.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 509.5 253.75 m 562.5 253.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 526.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 218.00 526.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 365.05 525.98 Td (Asset Derivatives) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.50 525.98 Td (LiabilityDerivatives) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 513.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.50 499.98 Td (Balance Sheet Location) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.75 512.98 Td (December) Tj ET Q q 0 0 0 rg BT 462.32 512.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 500.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 358.00 499.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 414.50 499.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 471.00 499.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.50 499.98 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 487.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 218.00 487.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.85 487.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 473.43 Td (Derivatives Designated as) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 463.43 Td (Hedging Instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 449.32 Td (Commodity contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 448.42 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 448.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 448.42 Td (109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 448.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 448.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 448.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 448.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 448.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 448.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 434.32 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 433.42 Td (Other long-term assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 433.42 Td (627) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 433.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 433.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 433.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 419.32 Td (Commodity contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 418.42 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 418.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 418.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 418.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 418.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 548.63 418.47 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 418.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 404.32 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 403.42 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 403.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 403.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 403.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 403.47 Td (\(5,394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 389.32 Td (Interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 388.42 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 388.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 388.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 388.47 Td (\(751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 388.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 388.47 Td (\(4,594) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 388.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 374.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 374.32 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 373.65 373.42 Td (736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 373.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.30 373.47 Td (\(751) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 373.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 373.47 Td (\(10,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 373.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 344.43 Td (Derivatives Not Designated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 334.43 Td (as Hedging Instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 320.32 Td (Commodity contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 319.42 Td (Other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 319.42 Td (1,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.65 319.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 319.47 Td (\(1,631) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 319.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 319.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 305.32 Td (Commodity contracts) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.00 304.42 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.65 304.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 304.42 Td (742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 491.65 304.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 304.47 Td (\(1,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 304.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 290.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 290.32 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 289.42 Td (1,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 289.42 Td (742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 289.47 Td (\(1,631) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 289.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 289.47 Td (\(1,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 289.42 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 260.48 Td (T) Tj ET Q q 0 0 0 rg BT 58.75 260.48 Td (otal Derivatives) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 259.42 Td (2,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 259.42 Td (742) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.80 259.47 Td (\(2,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 501.65 259.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 512.00 259.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 259.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 536.13 259.47 Td (1,608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 259.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 231.25 Td (Certain of our derivative instruments are eligible for of) Tj ET Q q 0 0 0 rg BT 269.75 231.25 Td (fset in the consolidated balance sheets and subject to master netting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 219.25 Td (arrangements. Under our master netting arrangements, there is a legally enforceable right to of) Tj ET Q q 0 0 0 rg BT 427.72 219.25 Td (fset amounts, and we intend to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 207.25 Td (settle such amounts on a net basis. ) Tj ET Q q 0 0 0 rg BT 189.79 207.25 Td (The following are the net amounts presented on the consolidated balance sheets:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 157.75 370.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 419.50 157.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 157.75 67.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 157.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 494.50 157.75 67.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 183.75 m 490.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 183.75 m 494.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 183.75 m 561.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 170.75 m 419.5 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 183.75 m 490.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 170.75 m 490.5 170.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 183.75 m 561.5 183.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 494.5 170.75 m 561.5 170.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 468.75 187.98 Td (December) Tj ET Q q 0 0 0 rg BT 503.32 187.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 174.98 Td (Commodity Contracts) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.50 174.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.50 174.98 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 454.85 162.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 147.42 Td (Net amounts of assets presented in the consolidated balance sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 147.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.65 147.42 Td (130) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 147.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.65 147.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 132.42 Td (Net amounts of liabilities presented in the consolidated balance sheets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.00 132.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.65 132.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.00 132.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.30 132.47 Td (\(878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 132.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 201 0 obj <> endobj 202 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 731.10 Td (e recognize the impact of our commodity contracts on earnings in Cost of product sales on the consolidated income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (statements, and that impact was as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 669.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 669.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 669.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 669.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 639.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 639.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 639.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 639.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 609.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 609.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 609.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 609.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 579.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 579.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 579.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 579.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 579.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 579.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 579.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 695.6 m 423.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 695.6 m 427.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 695.6 m 492.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 695.6 m 496.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 695.6 m 561.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 695.6 m 423.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 682.6 m 423.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 695.6 m 492.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 682.6 m 492.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 695.6 m 561.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 682.6 m 561.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 682.6 m 423.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 624.6 m 423.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 624.6 m 492.5 624.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 624.6 m 561.5 624.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.20 699.83 Td (Y) Tj ET Q q 0 0 0 rg BT 420.53 699.83 Td (ear) Tj ET Q q 0 0 0 rg BT 431.12 699.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 491.85 699.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.50 686.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.50 686.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.50 686.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 422.35 673.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 659.28 Td (Derivatives Designated as Fair) Tj ET Q q 0 0 0 rg BT 182.16 659.28 Td ( ) Tj ET Q q 0 0 0 rg BT 184.48 659.28 Td (V) Tj ET Q q 0 0 0 rg BT 191.16 659.28 Td (alue Hedging Instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 644.27 Td (\(Loss\) gain recognized in income on derivative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 644.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 644.32 Td (\(535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 644.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 644.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 644.27 Td (806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 644.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 644.32 Td (\(1) Tj ET Q q 0 0 0 rg BT 535.13 644.32 Td (1,254) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 644.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 629.27 Td (\(Loss\) gain recognized in income on hedged item) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 629.32 Td (\(181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 629.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 629.32 Td (\(656) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 629.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 629.27 Td (15,295) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 614.27 Td (\(Loss\) gain recognized in income for inef) Tj ET Q q 0 0 0 rg BT 223.96 614.27 Td (fective portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 614.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 614.32 Td (\(716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 614.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 614.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.65 614.27 Td (150) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 614.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.15 614.27 Td (4,041) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 584.28 Td (Derivatives Not Designated as Hedging Instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 569.27 Td (\(Loss\) gain recognized in income on derivative) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 569.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 401.30 569.32 Td (\(601) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 569.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.30 569.32 Td (\(668) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 569.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 569.27 Td (225) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.10 Td (Our interest rate swaps had the following impact on earnings:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 491.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 491.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 491.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 491.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 491.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 491.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 491.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 451.60 305.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 451.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 451.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 451.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 451.60 65.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 451.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 451.60 65.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 517.6 m 423.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 517.6 m 427.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 517.6 m 492.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 517.6 m 496.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 517.6 m 561.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 517.6 m 423.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 504.6 m 423.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 517.6 m 492.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 504.6 m 492.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 517.6 m 561.5 517.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 504.6 m 561.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 504.6 m 423.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 504.6 m 492.5 504.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 504.6 m 561.5 504.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 415.20 521.83 Td (Y) Tj ET Q q 0 0 0 rg BT 420.53 521.83 Td (ear) Tj ET Q q 0 0 0 rg BT 431.12 521.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 491.85 521.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.50 508.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.50 508.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 520.50 508.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 422.35 495.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 481.28 Td (Derivatives Designated as Cash Flow Hedging Instruments:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 466.27 Td (Gain \(loss\) recognized in other comprehensive income \(loss\) on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 456.27 Td ( derivative \(ef) Tj ET Q q 0 0 0 rg BT 123.90 456.27 Td (fective portion\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 456.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 392.15 456.27 Td (17,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 456.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 456.32 Td (\(8,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 456.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 456.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 456.32 Td (\(2,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 456.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 441.27 Td (Loss reclassified from ) Tj ET Q q 0 0 0 rg BT 148.81 441.27 Td (AOCI into interest expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.00 431.27 Td ( \(ef) Tj ET Q q 0 0 0 rg BT 78.92 431.27 Td (fective portion\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 431.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.80 431.32 Td (\(5,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.65 431.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 431.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.80 431.32 Td (\(6,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 488.65 431.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 431.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.80 431.32 Td (\(8,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.65 431.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 400.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.44 400.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.03 400.10 Td (, we expect to reclassify a loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.71 400.10 Td ($3.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 400.10 Td ( to Interest expense, net within the next twelve ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 388.10 Td (months associated with unwound forward-starting interest rate swaps.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 364.10 Td (18) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 364.10 Td (. OTHER INCOME \(EXPENSE\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.10 Td (Other income \(expense\) consisted of the following:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 293.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 293.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 293.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 293.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 293.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 293.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 263.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 263.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 263.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 263.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 263.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 263.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 233.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 233.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 233.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 233.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 233.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 233.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 319.6 m 414.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 319.6 m 418.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 319.6 m 488.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 319.6 m 492.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 319.6 m 562.5 319.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 306.6 m 414.5 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 306.6 m 488.5 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 306.6 m 562.5 306.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 233.60000000000002 m 414.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 233.60000000000002 m 488.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 233.60000000000002 m 562.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 219.60000000000002 m 414.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 217.60000000000002 m 414.5 217.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 233.60000000000002 m 488.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 219.60000000000002 m 488.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 217.60000000000002 m 488.5 217.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 233.60000000000002 m 562.5 233.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 219.60000000000002 m 562.5 219.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 217.60000000000002 m 562.5 217.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 323.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 323.83 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 323.83 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 323.83 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 485.35 323.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 310.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 310.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 310.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 310.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 297.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.85 297.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 284.17 Td (Gain \(loss\) related to hurricane activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 283.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 283.27 Td (78,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 283.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 283.32 Td (\(5,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 283.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 283.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 283.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 269.17 Td (Impairment loss on ) Tj ET Q q 0 0 0 rg BT 132.44 269.17 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 161.23 269.17 Td (T) Tj ET Q q 0 0 0 rg BT 166.90 269.17 Td (erm Loan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 268.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 268.32 Td (\(58,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 268.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 254.17 Td (Loss on sale of European operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.80 253.32 Td (\(43,366) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 253.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 253.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 253.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 239.17 Td (Other) Tj ET Q q 0 0 0 rg BT 75.37 239.17 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 238.27 Td (4,486) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 238.32 Td (\(294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 238.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 238.32 Td (\(128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 238.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 224.17 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 223.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 223.27 Td (39,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 223.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 223.32 Td (\(5,294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 223.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 223.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 223.32 Td (\(58,783) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 223.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 195.10 Td (Hurricane ) Tj ET Q q 0 0 0 rg BT 93.98 195.10 Td (Activity) Tj ET Q q 0 0 0 rg BT 123.96 195.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.96 195.10 Td (In the third quarter of 2017, several of our facilities were af) Tj ET Q q 0 0 0 rg BT 366.46 195.10 Td (fected by the hurricanes in the Caribbean and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 183.10 Td (Gulf of Mexico, including our St. Eustatius terminal, which experienced the most damage and was temporarily shut down. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 171.10 Td (2017, we recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 133.57 171.10 Td ($5.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 182.47 171.10 Td ( loss in Other income \(expense\), net in the consolidated statements of income for property ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 159.10 Td (damage at the terminal. In 2018, we recorded a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.75 159.10 Td ($78.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.64 159.10 Td ( gain in Other income \(expense\), net in the consolidated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 147.10 Td (statements of income following the settlement of our property damage claim for our St. Eustatius terminal. See Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.21 147.10 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.21 147.10 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 135.10 Td (additional information.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 111.10 Td (Axeon T) Tj ET Q q 0 0 0 rg BT 82.13 111.10 Td (erm Loan.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 123.24 111.10 Td ( In December 2016, Lindsay Goldber) Tj ET Q q 0 0 0 rg BT 272.46 111.10 Td (g LLC, the private investment firm that owned ) Tj ET Q q 0 0 0 rg BT 461.03 111.10 Td (Axeon, informed us that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 99.10 Td (they entered into an agreement to sell ) Tj ET Q q 0 0 0 rg BT 201.89 99.10 Td (Axeon) Tj ET Q q 0 0 0 rg BT 231.33 99.10 Td (s retail asphalt sales and distribution business \(the ) Tj ET Q q 0 0 0 rg BT 432.96 99.10 Td (Axeon Sale\), and we entered ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 87.10 Td (into an agreement with ) Tj ET Q q 0 0 0 rg BT 143.86 87.10 Td (Axeon \(the ) Tj ET Q q 0 0 0 rg BT 190.52 87.10 Td (Axeon Letter ) Tj ET Q q 0 0 0 rg BT 245.50 87.10 Td (Agreement\) to settle and terminate the ) Tj ET Q q 0 0 0 rg BT 401.00 87.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 429.98 87.10 Td (T) Tj ET Q q 0 0 0 rg BT 435.39 87.10 Td (erm Loan for a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.58 87.10 Td ($1) Tj ET Q q 0 0 0 rg BT 507.21 87.10 Td (10.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.10 87.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 75.10 Td (payment to us upon closing of the ) Tj ET Q q 0 0 0 rg BT 187.49 75.10 Td (Axeon Sale. ) Tj ET Q q 0 0 0 rg BT 238.68 75.10 Td (Therefore, we recorded a char) Tj ET Q q 0 0 0 rg BT 358.70 75.10 Td (ge of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.46 75.10 Td ($58.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.36 75.10 Td (, included in Other income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 63.10 Td (\(expense\), net in the consolidated statements of income, to reduce the carrying amount of the ) Tj ET Q q 0 0 0 rg BT 428.48 63.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 457.46 63.10 Td (T) Tj ET Q q 0 0 0 rg BT 462.87 63.10 Td (erm Loan to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 51.10 Td ($1) Tj ET Q q 0 0 0 rg BT 59.63 51.10 Td (10.0million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.52 51.10 Td (. ) Tj ET Q q 0 0 0 rg BT 113.34 51.10 Td (The ) Tj ET Q q 0 0 0 rg BT 130.83 51.10 Td (Axeon Sale closed on February 22, 2017, at which time we received the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.03 51.10 Td ($1) Tj ET Q q 0 0 0 rg BT 430.65 51.10 Td (10.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.55 51.10 Td ( payment in ) Tj ET Q endstream endobj 203 0 obj <> endobj 204 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (accordance with the ) Tj ET Q q 0 0 0 rg BT 131.90 731.10 Td (Axeon Letter ) Tj ET Q q 0 0 0 rg BT 186.88 731.10 Td (Agreement. Furthermore, the ) Tj ET Q q 0 0 0 rg BT 305.46 731.10 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 334.44 731.10 Td (T) Tj ET Q q 0 0 0 rg BT 339.85 731.10 Td (erm Loan and our obligation to provide ongoing credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (support to ) Tj ET Q q 0 0 0 rg BT 92.23 719.10 Td (Axeon all terminated concurrently on February 22, 2017. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (Sale of Eur) Tj ET Q q 0 0 0 rg BT 94.62 695.10 Td (opean Operations. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.56 695.10 Td (On November 30, 2018, we sold our European operations to Inter ) Tj ET Q q 0 0 0 rg BT 436.60 695.10 Td (T) Tj ET Q q 0 0 0 rg BT 442.01 695.10 Td (erminals, Ltd. for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.26 683.10 Td ($270.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.15 683.10 Td (. ) Tj ET Q q 0 0 0 rg BT 173.97 683.10 Td (The operations sold include ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.28 683.10 Td (six liquids storage terminals in the United Kingdom and one facility ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (in ) Tj ET Q q 0 0 0 rg BT 59.73 671.10 Td (Amsterdam) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 106.38 671.10 Td (. ) Tj ET Q q 0 0 0 rg BT 111.20 671.10 Td (W) Tj ET Q q 0 0 0 rg BT 119.84 671.10 Td (e recognized a non-cash loss of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.57 671.10 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.46 671.10 Td ( related to the sale in Other income \(expense\), net on our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.10 Td (consolidated statement of income for the year ended December 31, 2018. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.80 659.10 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.80 659.10 Td ( for further discussion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 647.10 Td (sale.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (19) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.50 623.10 Td (. SERIES D CUMULA) Tj ET Q q 0 0 0 rg BT 156.55 623.10 Td (TIVE CONVER) Tj ET Q q 0 0 0 rg BT 226.49 623.10 Td (TIBLE PREFERRED UNITS ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 90.52 599.10 Td (Agreement and Issuance of Series D Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (On June 26, 2018, the Partnership entered into a purchase agreement \(the Series D Preferred Unit Purchase ) Tj ET Q q 0 0 0 rg BT 479.64 587.10 Td (Agreement\) with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (investment funds, accounts and entities \(collectively) Tj ET Q q 0 0 0 rg BT 258.24 575.10 Td (, the Purchasers\) managed by EIG Management Company) Tj ET Q q 0 0 0 rg BT 490.30 575.10 Td (, LLC and FS/) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (EIG ) Tj ET Q q 0 0 0 rg BT 68.11 563.10 Td (Advisors, LLC to issue and sell ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.71 563.10 Td ($590.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.60 563.10 Td ( of Series D Preferred Units in a private placement. ) Tj ET Q q 0 0 0 rg BT 462.85 563.10 Td (The Partnership issued a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.60 551.10 Td (23,246,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.60 551.10 Td ( Series D Preferred Units to the Purchasers at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.42 551.10 Td ($25.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.92 551.10 Td ( per Series D Preferred Unit \(the Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (Preferred Unit Purchase Price\). ) Tj ET Q q 0 0 0 rg BT 176.40 539.10 Td (At the initial closing on June 29, 2018 \(the Initial Closing\), the Purchasers purchased ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.10 Td (15,760,441) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 94.50 527.10 Td ( Series D Preferred Units for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 211.69 527.10 Td ($400.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.58 527.10 Td (, and we received net proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.62 527.10 Td ($370.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.52 527.10 Td (. ) Tj ET Q q 0 0 0 rg BT 470.33 527.10 Td (The Purchasers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (purchased the remaining ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 150.30 515.10 Td (7,486,209) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.30 515.10 Td ( Series D Preferred Units for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.48 515.10 Td ($190.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.38 515.10 Td ( at a second closing on July 13, 2018. ) Tj ET Q q 0 0 0 rg BT 518.67 515.10 Td (The net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (proceeds to the Partnership from the sale of the Series D Preferred Units of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.19 503.10 Td ($555.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 411.08 503.10 Td (, including deductions for a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.27 503.10 Td (3.5%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.10 503.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (transaction fee of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.41 491.10 Td ($20.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.30 491.10 Td ( paid to the Purchasers and other issuance costs of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.03 491.10 Td ($13.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.92 491.10 Td (, were used for general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.10 Td (partnership purposes, including repayment of outstanding borrowings under our Revolving Credit ) Tj ET Q q 0 0 0 rg BT 442.77 479.10 Td (Agreement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 455.10 Td (Series D Preferred Units Rights) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.10 Td (At the Initial Closing and pursuant to the Series D Preferred Unit Purchase ) Tj ET Q q 0 0 0 rg BT 350.27 443.10 Td (Agreement, the Partnership amended and restated its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.10 Td (partnership agreement to authorize and establish the rights, preferences and privileges of the Series D Preferred Units. ) Tj ET Q q 0 0 0 rg BT 523.88 431.10 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 419.10 Td (Series D Preferred Units rank equal to other classes of preferred units and senior to common units in the Partnership with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.10 Td (respect to distribution rights and rights upon liquidation. ) Tj ET Q q 0 0 0 rg BT 277.35 407.10 Td (The Series D Preferred Units generally will vote on an as-converted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.10 Td (basis with the common units and will have certain class voting rights with respect to a limited number of matters as set forth in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.10 Td (the partnership agreement.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 359.10 Td (Series D Preferred Units Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.10 Td (Distributions on the Series D Preferred Units accrue and are cumulative from the issuance dates and are payable on the 15th day ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.10 Td (\(or next business day\) of each of March, June, September and December) Tj ET Q q 0 0 0 rg BT 339.83 335.10 Td (, beginning September17, 2018 to holders of record on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.10 Td (the first business day of each payment month. ) Tj ET Q q 0 0 0 rg BT 235.11 323.10 Td (The distribution rate on the Series D Preferred Units is: \(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.89 323.10 Td (9.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 496.72 323.10 Td ( per annum for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.10 Td (the first two years; \(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 141.42 311.10 Td (10.75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 172.25 311.10 Td ( per annum for years three through five; and \(iii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.85 311.10 Td (the greater of 13.75% per annum or the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 299.10 Td (distribution per common unit thereafter) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.68 299.10 Td (. ) Tj ET Q q 0 0 0 rg BT 211.50 299.10 Td (While the Series D Preferred Units are outstanding, the Partnership will be prohibited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 287.10 Td (from paying distributions on any junior securities, including the common units, unless full cumulative distributions on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 275.10 Td (Series D Preferred Units \(and any parity securities\) have been, or contemporaneously are being, paid or set aside for payment ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 263.10 Td (through the most recent Series D Preferred Unit distribution payment date. For the four distribution periods beginning with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 251.10 Td (initial Series D Preferred Unit distribution, the Series D Preferred Unit distributions may be paid, in the Partnership) Tj ET Q q 0 0 0 rg BT 514.13 251.10 Td (s sole ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 239.10 Td (discretion, in \(i\) cash or \(ii\) a combination of additional Series D Preferred Units and cash, provided that up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.27 239.10 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.60 239.10 Td ( of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 227.10 Td (distribution amount may be paid in additional Series D Preferred Units. ) Tj ET Q q 0 0 0 rg BT 337.60 227.10 Td (Thereafter) Tj ET Q q 0 0 0 rg BT 378.83 227.10 Td (, any Series D Preferred Unit distributions in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 215.10 Td (excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.93 215.10 Td ($0.635) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.43 215.10 Td ( per unit may be paid, in the Partnership) Tj ET Q q 0 0 0 rg BT 279.45 215.10 Td (s sole discretion, in additional Series D Preferred Units, with the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 203.10 Td (remainder paid in cash.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 179.10 Td (If we fail to pay in full any Series D Preferred Unit distribution amount, then, until we pay such distributions in full, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 167.10 Td (applicable distribution rate for each of those distribution periods shall be increased by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.23 167.10 Td ($0.048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.73 167.10 Td ( per Series D Preferred Unit. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 155.10 Td (addition, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 87.27 155.10 Td (if we fail to pay in full any Series D Preferred Unit distribution amount for three consecutive distribution periods, then ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 143.10 Td (until we pay such distributions in full: \(i\) each holder of the Series D Preferred Units may elect to convert its Series D Preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 131.10 Td (Units into common units on a one-for) Tj ET Q q 0 0 0 rg BT 199.84 131.10 Td (-one basis, plus any unpaid Series D distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.60 131.10 Td (, \(ii\) one person selected by the holders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 119.10 Td (holding a majority of the outstanding Series D Preferred Units shall become an additional member of our board of directors and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 107.10 Td (\(iii\) we will not be permitted to incur any indebtedness \(as defined in the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 414.42 107.10 Td (Agreement\) or engage in any ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 95.10 Td (acquisitions or asset sales in excess of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.19 95.10 Td ($50.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.08 95.10 Td ( without the consent of the holders holding a majority of the outstanding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 83.10 Td (Series D Preferred Units. In addition, we will permanently lose the ability to pay any part of the distributions on the Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 71.10 Td (Preferred Units in the form of additional Series D Preferred Units.) Tj ET Q endstream endobj 205 0 obj <> endobj 206 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The following table summarizes information about cash distributions declared for our Series D Preferred Units:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 678.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 678.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 678.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 678.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 678.60 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 678.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 678.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 678.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 678.60 90.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 648.60 180.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 230.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 234.00 648.60 58.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.00 648.60 83.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 379.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.00 648.60 86.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.00 648.60 90.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50 691.6 m 230 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 691.6 m 292 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 691.6 m 379 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 691.6 m 469 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 691.6 m 563 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 234 691.6 m 292 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296 691.6 m 379 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 383 691.6 m 469 691.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473 691.6 m 563 691.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 128.15 695.83 Td (Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 253.80 711.83 Td (Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 240.05 703.83 Td (Distributions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 248.00 695.83 Td (Per) Tj ET Q q 0 0 0 rg BT 259.92 695.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 318.55 703.83 Td (T) Tj ET Q q 0 0 0 rg BT 323.52 703.83 Td (otal Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.55 695.83 Td (Distributions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.05 695.83 Td (Record Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 493.35 695.83 Td (Payment Date) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 299.85 682.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 668.27 Td (December 15, 2018 - March 14, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.50 668.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 668.27 Td (0.619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 668.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 668.27 Td (14,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.20 668.27 Td (March 1, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.70 668.27 Td (March 15, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 653.27 Td (September 15, 2018 - December 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.50 653.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 653.27 Td (0.619) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 653.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.65 653.27 Td (14,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.70 653.27 Td (December 3, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.20 653.27 Td (December 17, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 638.27 Td (July 13, 2018 - September 14, 2018 \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 638.27 Td (0.431) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.65 638.27 Td (3,227) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.85 638.27 Td (September 4, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.35 638.27 Td (September 17, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 623.27 Td (June 29, 2018 - September 14, 2018 \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.50 623.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 265.65 623.27 Td (0.525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 623.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.65 623.27 Td (8,274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.85 623.27 Td (September 4, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.35 623.27 Td (September 17, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 608.30 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 608.30 Td (Second issuance of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 156.73 608.30 Td (7,486,209) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 192.73 608.30 Td ( units.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 597.50 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 597.50 Td (First issuance of ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 146.74 597.50 Td (15,760,441) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 187.24 597.50 Td ( units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 573.50 Td ( ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 52.00 573.50 Td (Series D Preferred Units Conversion and Redemption Features) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 561.50 Td (At any time on or after June 29, 2020, each holder of Series D Preferred Units may convert all or any portion of its Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.50 Td (Preferred Units into common units on a one-for) Tj ET Q q 0 0 0 rg BT 239.53 549.50 Td (-one basis \(plus any unpaid Series D distributions\), subject to anti-dilution ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.50 Td (adjustments, at any time, but not more than once per quarter) Tj ET Q q 0 0 0 rg BT 289.58 537.50 Td (, so long as any conversion is for at least ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 454.27 537.50 Td ($50.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.16 537.50 Td ( based on the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 525.50 Td (Series D Preferred Unit Purchase Price \(or such lesser amount representing all of a holder) Tj ET Q q 0 0 0 rg BT 408.64 525.50 Td () Tj ET Q q 0 0 0 rg BT 411.42 525.50 Td (s Series D Preferred Units\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 501.50 Td (The Partnership may redeem all or any portion of the Series D Preferred Units, in an amount not less than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.67 501.50 Td ($50.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.56 501.50 Td ( for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 489.50 Td (cash at a redemption price equal to, as applicable: \(i\) $31.73 per Series D Preferred Unit at any time on or after June 29, 2023 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 477.50 Td (but prior to June 29, 2024; \(ii\) $30.46 per Series D Preferred Unit at any time on or after June 29, 2024 but prior to June 29, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 465.50 Td (2025; \(iii\) $29.19 per Series D Preferred Unit at any time on or after June 29, 2025; plus, in each case, the sum of any unpaid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 453.50 Td (distributions on the applicable Series D Preferred Unit plus the distributions prorated for the number of days elapsed \(not to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 441.50 Td (exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 441.50 Td (90) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.75 441.50 Td (\) in the period of redemption \(Series D Partial Period Distributions\). ) Tj ET Q q 0 0 0 rg BT 365.08 441.50 Td (The holders have the option to convert the units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 429.50 Td (prior to such redemption as discussed above.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 405.50 Td (Additionally) Tj ET Q q 0 0 0 rg BT 99.40 405.50 Td (, at any time on or after June 29, 2028, each holder of Series D Preferred Units will have the right to require the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 393.50 Td (Partnership to redeem all of the Series D Preferred Units held by such holder at a redemption price equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.03 393.50 Td ($29.19 per Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 381.50 Td (Preferred Unit plus any unpaid Series D distributions plus the Series D Partial Period Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.45 381.50 Td (. If a holder of Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 369.50 Td (Preferred Units exercises its redemption right, the Partnership may elect to pay up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.24 369.50 Td (50%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.57 369.50 Td ( of such amount in common units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 357.50 Td (\(which shall be valued at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.97 357.50 Td (93%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.30 357.50 Td ( of a volume-weighted average trading price of the common units\); provided, that the common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 345.50 Td (units to be issued do not, in the aggregate, exceed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 250.55 345.50 Td (15%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.88 345.50 Td ( of NuStar Ener) Tj ET Q q 0 0 0 rg BT 331.74 345.50 Td (gy) Tj ET Q q 0 0 0 rg BT 344.52 345.50 Td (s common equity market capitalization at the time. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 321.50 Td (Series D Preferred Units Change of Control) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 309.50 Td (Upon certain events involving a change of control, each holder of the Series D Preferred Units may elect to: \(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.74 309.50 Td (convert its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 297.50 Td (Series D Preferred Units into common units on a one-for) Tj ET Q q 0 0 0 rg BT 276.19 297.50 Td (-one basis, plus any unpaid Series D distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.95 297.50 Td (; \(ii\) require the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 285.50 Td (Partnership to redeem its Series D Preferred Units for an amount equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.25 285.50 Td (the sum of \(a\) $29.82 per Series D Preferred Unit plus ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 273.50 Td (\(b\) any unpaid Series D distributions plus \(c\) the applicable distribution amount for the distribution periods ending after the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 261.50 Td (change of control event and prior to \(but including\) the fourth anniversary of the Initial Closing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.34 261.50 Td (; \(iii\) if the Partnership is the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 249.50 Td (surviving entity and its common units continue to be listed, continue to hold its Series D Preferred Units; or \(iv\) if the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 237.50 Td (Partnership will not be the surviving entity) Tj ET Q q 0 0 0 rg BT 219.94 237.50 Td (, or it will be the surviving entity but its common units will cease to be listed, require ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 225.50 Td (the Partnership to use its commercially reasonable ef) Tj ET Q q 0 0 0 rg BT 260.64 225.50 Td (forts to deliver a security in the surviving entity that has substantially ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 213.50 Td (similar terms as the Series D Preferred Units; however) Tj ET Q q 0 0 0 rg BT 267.37 213.50 Td (, if the Partnership is unable to deliver a mirror security) Tj ET Q q 0 0 0 rg BT 488.60 213.50 Td (, each holder is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.50 Td (still entitled to option \(i\) or \(ii\) above.) Tj ET Q endstream endobj 207 0 obj <> endobj 208 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (103) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Registration Rights ) Tj ET Q q 0 0 0 rg BT 131.38 731.25 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (On June 29, 2018, in connection with the Initial Closing and pursuant to the Series D Preferred Unit Purchase ) Tj ET Q q 0 0 0 rg BT 490.25 719.25 Td (Agreement, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (Partnership entered into a Registration Rights ) Tj ET Q q 0 0 0 rg BT 233.91 707.25 Td (Agreement \(the Registration Rights ) Tj ET Q q 0 0 0 rg BT 378.33 707.25 Td (Agreement\) with the Purchasers relating to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (the registration of the Series D Preferred Units and common units issuable upon conversion of the Series D Preferred Units \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (Common Unit Registrable Securities, and, collectively with the Series D Preferred Units, the Registrable Securities\). Pursuant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (to the Registration Rights ) Tj ET Q q 0 0 0 rg BT 153.94 671.25 Td (Agreement, the Partnership is required to use its commercially reasonable ef) Tj ET Q q 0 0 0 rg BT 459.49 671.25 Td (forts to file a registration ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (statement and to cause such registration statement to become ef) Tj ET Q q 0 0 0 rg BT 303.40 659.25 Td (fective: \(i\) with respect to the Common Unit Registrable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (Securities, no later than one year after the Initial Closing; and \(ii\) with respect to the Series D Preferred Units, after the second ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.25 Td (anniversary of the Initial Closing, no later than one year after receipt by the Partnership of a written request from holders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td (holding a majority of the Series D Preferred Units to register the Series D Preferred Units. If the Partnership fails to cause such ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (registration statements to become ef) Tj ET Q q 0 0 0 rg BT 193.71 611.25 Td (fective by such dates, the Partnership will be required to pay certain amounts to the holders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (of the Registrable Securities as liquidated damages. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 575.25 Td (Series D Preferred Units ) Tj ET Q q 0 0 0 rg BT 153.01 575.25 Td (Accounting T) Tj ET Q q 0 0 0 rg BT 209.04 575.25 Td (reatment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.25 Td (The Series D Preferred Units include redemption provisions at the option of the holders of the Series D Preferred Units and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.25 Td (upon a Series D Change of Control \(as defined in the partnership agreement\), which are outside the Partnership) Tj ET Q q 0 0 0 rg BT 497.70 551.25 Td (s control. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td (Therefore, the Series D Preferred Units are presented in the mezzanine section of the consolidated balance sheets. ) Tj ET Q q 0 0 0 rg BT 506.63 539.25 Td (The Series D ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 527.25 Td (Preferred Units have been recorded at their issuance date fair value, net of issuance costs. ) Tj ET Q q 0 0 0 rg BT 409.45 527.25 Td (W) Tj ET Q q 0 0 0 rg BT 418.08 527.25 Td (e reassess the presentation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (Series D Preferred Units in our consolidated balance sheets on a quarterly basis.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (The Series D Preferred Units are subject to accretion from their carrying value at the issuance date to the redemption value, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (which is based on the redemption right of the Series D Preferred Unit holders that may be exercised at any time on or after ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (June29, 2028, using the ef) Tj ET Q q 0 0 0 rg BT 156.80 467.25 Td (fective interest method over a period of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.02 467.25 Td (ten years) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.83 467.25 Td (. In the calculation of net income per unit, the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (accretion is treated in the same manner as a distribution and deducted from net income to arrive at net income attributable to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.25 Td (common units.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 419.25 Td (20) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 419.25 Td (. P) Tj ET Q q 0 0 0 rg BT 70.37 419.25 Td (AR) Tj ET Q q 0 0 0 rg BT 84.46 419.25 Td (TNERS) Tj ET Q q 0 0 0 rg BT 120.39 419.25 Td ( EQUITY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.25 Td (Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.63 395.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.63 395.25 Td ( for a discussion of the Mer) Tj ET Q q 0 0 0 rg BT 246.43 395.25 Td (ger) Tj ET Q q 0 0 0 rg BT 258.64 395.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 371.25 Td (Partnership ) Tj ET Q q 0 0 0 rg BT 101.03 371.25 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 148.15 371.25 Td (Amendments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.25 Td (In the third quarter of 2018, NuStar Ener) Tj ET Q q 0 0 0 rg BT 213.11 359.25 Td (gy) Tj ET Q q 0 0 0 rg BT 225.88 359.25 Td (s partnership agreement was amended and restated to, among other things, \(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 347.25 Td (cancel the incentive distribution rights held by our general partner) Tj ET Q q 0 0 0 rg BT 313.68 347.25 Td (, \(ii\) convert the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.60 347.25 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.93 347.25 Td ( general partner interest in NuStar Ener) Tj ET Q q 0 0 0 rg BT 550.90 347.25 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 335.25 Td (held by our general partner into a non-economic management interest and \(iii\) provide the holders of our common units with ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 323.25 Td (voting rights in the election of the members of the board of directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 379.65 323.25 Td (, LLC, beginning at the annual meeting in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 311.25 Td (2019. ) Tj ET Q q 0 0 0 rg BT 74.82 311.25 Td (The partnership agreement was also amended and restated in the second quarter of 2018 in connection with the issuance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 299.25 Td (of our Series D Preferred Units discussed in Note 19. In 2017, the partnership agreement was amended and restated in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 287.25 Td (connection with the issuances of our Series B Preferred Units and Series C Preferred Units described below) Tj ET Q q 0 0 0 rg BT 479.79 287.25 Td (, and in connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.25 Td (with the Navigator ) Tj ET Q q 0 0 0 rg BT 126.93 275.25 Td (Acquisition to waive up to an aggregate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.83 275.25 Td ($22.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.72 275.25 Td ( of the quarterly incentive distributions to our general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 263.25 Td (partner for any NS common units issued from the date of the ) Tj ET Q q 0 0 0 rg BT 294.95 263.25 Td (Acquisition ) Tj ET Q q 0 0 0 rg BT 343.56 263.25 Td (Agreement, starting with the distributions for the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 251.25 Td (second quarter of 2017. ) Tj ET Q endstream endobj 209 0 obj <> endobj 210 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (104) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (Series ) Tj ET Q q 0 0 0 rg BT 77.13 731.25 Td (A, B and C Preferred Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.25 Td (The following is a summary of our Series ) Tj ET Q q 0 0 0 rg BT 218.31 719.25 Td (A, Series B and Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (Preferred Units \(collectively the Series ) Tj ET Q q 0 0 0 rg BT 207.45 707.25 Td (A, B and C Preferred Units\) issued and outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.41 707.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.99 707.25 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 628.75 44.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 93.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 628.75 70.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 167.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 171.50 628.75 61.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 232.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 628.75 33.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 628.75 42.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 628.75 63.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 628.75 48.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 628.75 68.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 628.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 628.75 51.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 564.75 44.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 93.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 97.50 564.75 70.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 167.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 171.50 564.75 61.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 232.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 564.75 33.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 273.50 564.75 42.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 319.50 564.75 63.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 382.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 386.50 564.75 48.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 438.50 564.75 68.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 506.50 564.75 4.00 -32.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 510.50 564.75 51.00 -32.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 628.75 m 93.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 97.5 628.75 m 167.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 171.5 628.75 m 232.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 628.75 m 269.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 273.5 628.75 m 315.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 319.5 628.75 m 382.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 386.5 628.75 m 434.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 438.5 628.75 m 506.5 628.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 510.5 628.75 m 561.5 628.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 61.85 632.98 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 117.55 640.98 Td (Original ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 108.30 632.98 Td (Issuance Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 183.00 656.98 Td (Number) Tj ET Q q 0 0 0 rg BT 211.37 656.98 Td ( of) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 180.45 648.98 Td (Units Issued) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 195.05 640.98 Td (and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 180.15 632.98 Td (Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.60 648.98 Td (Price) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 246.75 640.98 Td (per) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 244.90 632.98 Td (Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.00 656.98 Td (Net) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.70 648.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 287.07 648.98 Td (oceeds) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.30 640.98 Td (\(in) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.10 632.98 Td (millions\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.90 688.83 Td (Fixed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.60 680.83 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.10 672.83 Td (Rate per) Tj ET Q q 0 0 0 rg BT 351.57 672.83 Td ( ) Tj ET Q q 0 0 0 rg BT 353.28 672.83 Td (Annum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 322.80 664.83 Td (\(as a Per) Tj ET Q q 0 0 0 rg BT 352.49 664.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 328.80 656.83 Td (of the $25.00) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.25 648.83 Td (Liquidation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 325.50 640.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 333.87 640.83 Td (efer) Tj ET Q q 0 0 0 rg BT 347.04 640.83 Td (ence per) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.60 632.83 Td (Unit\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 400.40 664.98 Td (Fixed) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 389.10 656.98 Td (Distribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.30 648.98 Td (Rate per) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 395.70 640.98 Td (Unit per) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 397.10 632.98 Td (Annum) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.85 664.98 Td (Optional) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.00 656.98 Td (Redemption Date/) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.40 648.98 Td (Date at ) Tj ET Q q 0 0 0 rg BT 473.98 648.98 Td (Which) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.10 640.98 Td (Distribution Rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 441.85 632.98 Td (Becomes Floating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.25 688.83 Td (Floating) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.80 680.83 Td (Annual Rate) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 527.60 672.83 Td (\(as a) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.65 664.83 Td (Per) Tj ET Q q 0 0 0 rg BT 528.49 664.83 Td (centage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 513.80 656.83 Td (of the $25.00) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 515.25 648.83 Td (Liquidation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.20 640.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 525.49 640.83 Td (efer) Tj ET Q q 0 0 0 rg BT 538.66 640.83 Td (ence) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.90 632.83 Td (per) Tj ET Q q 0 0 0 rg BT 531.31 632.83 Td ( Unit\)) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 620.83 Td (Series ) Tj ET Q q 0 0 0 rg BT 74.00 620.83 Td (A) Tj ET Q q 0 0 0 rg BT 79.33 620.83 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 612.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 64.79 612.83 Td (eferr) Tj ET Q q 0 0 0 rg BT 81.52 612.83 Td (ed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 604.83 Td (Units) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 100.00 620.70 Td (November 25, 2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 185.50 620.70 Td (9,060,000) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 239.00 620.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 248.30 620.70 Td (25.00) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 276.00 620.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.25 620.70 Td (218.4) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.30 620.70 Td (8.50) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 375.30 620.70 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.00 620.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 413.25 620.70 Td (2.125) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.00 620.70 Td (December 15,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.00 612.70 Td (2021) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 620.70 Td (Three-month) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 612.70 Td (LIBOR plus) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 604.70 Td (6.766%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 588.83 Td (Series B ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 580.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 64.79 580.83 Td (eferr) Tj ET Q q 0 0 0 rg BT 81.52 580.83 Td (ed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 572.83 Td (Units) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 100.00 588.70 Td (April 28, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 183.50 588.70 Td (15,400,000) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 239.00 588.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 248.30 588.70 Td (25.00) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 276.00 588.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.25 588.70 Td (371.8) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 357.30 588.70 Td (7.625) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 375.30 588.70 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.00 588.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 405.25 588.70 Td (1.90625) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.00 588.70 Td (June 15, 2022) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 588.70 Td (Three-month) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 580.70 Td (LIBOR plus) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 572.70 Td (5.643%) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 52.00 556.83 Td (Series C ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 548.83 Td (Pr) Tj ET Q q 0 0 0 rg BT 64.79 548.83 Td (eferr) Tj ET Q q 0 0 0 rg BT 81.52 548.83 Td (ed ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 56.50 540.83 Td (Units) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 100.00 556.70 Td (November 30, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 185.50 556.70 Td (6,900,000) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 239.00 556.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 248.30 556.70 Td (25.00) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 276.00 556.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 294.25 556.70 Td (166.7) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.30 556.70 Td (9.00) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 375.30 556.70 Td (%) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 389.00 556.70 Td ($) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 417.30 556.70 Td (2.25) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.00 556.70 Td (December 15,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 441.00 548.70 Td (2022) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 556.70 Td (Three-month) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 548.70 Td (LIBOR plus) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 513.00 540.70 Td (6.88%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 506.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.64 506.25 Td (e may redeem any of our outstanding Series ) Tj ET Q q 0 0 0 rg BT 236.37 506.25 Td (A, B and C Preferred Units at any time on or after the optional redemption date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.25 Td (set forth above for each series of the Series ) Tj ET Q q 0 0 0 rg BT 224.10 494.25 Td (A, B and C Preferred Units, in whole or in part, at a redemption price of $25.00 per ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.25 Td (unit plus an amount equal to all accumulated and unpaid distributions to, but not including, the date of redemption, whether or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 470.25 Td (not declared. ) Tj ET Q q 0 0 0 rg BT 103.96 470.25 Td (W) Tj ET Q q 0 0 0 rg BT 112.60 470.25 Td (e may also redeem the Series ) Tj ET Q q 0 0 0 rg BT 230.89 470.25 Td (A, B and C Preferred Units upon the occurrence of certain rating events or a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 458.25 Td (change of control as defined in our partnership agreement. In the case of the latter instance, if we choose not to redeem the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 446.25 Td (Series ) Tj ET Q q 0 0 0 rg BT 76.39 446.25 Td (A, B and C Preferred Units, those preferred unitholders may have the ability to convert their Series ) Tj ET Q q 0 0 0 rg BT 474.33 446.25 Td (A, B and C Preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 434.25 Td (Units to common units at the then applicable conversion rate. Holders of the Series ) Tj ET Q q 0 0 0 rg BT 384.09 434.25 Td (A, B and C Preferred Units have no voting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 422.25 Td (rights except for certain exceptions set forth in our partnership agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.28 422.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 398.25 Td (The following table summarizes financial information related to our Series ) Tj ET Q q 0 0 0 rg BT 351.02 398.25 Td (A, B and C Preferred Units:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 347.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 347.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 347.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 347.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 347.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 347.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 347.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 347.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 317.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 317.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 317.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 317.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 317.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 317.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 317.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 317.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 287.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 287.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 287.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 287.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 287.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 287.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 287.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 287.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 257.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 257.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 257.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 257.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 257.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 257.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 257.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 257.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 227.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 227.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 227.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 227.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 227.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 227.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 227.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 227.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 197.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 197.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 197.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 197.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 197.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 197.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 197.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 197.75 89.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 167.75 186.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 236.50 167.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 167.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 167.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 390.50 167.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 394.50 167.75 75.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 469.50 167.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 473.50 167.75 89.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 373.75 m 311.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 373.75 m 315.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 373.75 m 390.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 390.5 373.75 m 394.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 373.75 m 469.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 373.75 m 562.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 311.5 373.75 m 315.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 373.75 m 390.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 360.75 m 311.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 360.75 m 390.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 360.75 m 469.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 360.75 m 562.5 360.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 287.75 m 562.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 287.75 m 311.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 272.75 m 311.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 287.75 m 390.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 272.75 m 390.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 287.75 m 469.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 272.75 m 469.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 287.75 m 562.5 287.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 272.75 m 562.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 272.75 m 469.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 212.75 m 311.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 212.75 m 390.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 212.75 m 469.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 212.75 m 311.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 197.75 m 311.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 212.75 m 390.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 197.75 m 390.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 212.75 m 469.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 197.75 m 469.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 212.75 m 562.5 212.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 197.75 m 562.5 197.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 152.75 m 311.5 152.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 138.75 m 311.5 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 236.5 136.75 m 311.5 136.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 152.75 m 390.5 152.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 138.75 m 390.5 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 136.75 m 390.5 136.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 152.75 m 469.5 152.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 138.75 m 469.5 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 394.5 136.75 m 469.5 136.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 152.75 m 562.5 152.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 138.75 m 562.5 138.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 473.5 136.75 m 562.5 136.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.55 377.98 Td (Pr) Tj ET Q q 0 0 0 rg BT 319.84 377.98 Td (eferr) Tj ET Q q 0 0 0 rg BT 336.57 377.98 Td (ed Limited Partners) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 259.80 364.98 Td (Series ) Tj ET Q q 0 0 0 rg BT 282.02 364.98 Td (A) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 338.60 364.98 Td (Series B) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 417.35 364.98 Td (Series C) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 508.75 364.98 Td (T) Tj ET Q q 0 0 0 rg BT 513.35 364.98 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 361.85 352.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 337.20 Td (Balance as of January 1, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 337.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 337.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 337.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 337.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 337.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 337.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 337.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.65 337.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 323.32 Td (Issuance of units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 322.42 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 322.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 322.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 322.42 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 308.32 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.15 307.42 Td (1,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 307.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 307.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.15 307.42 Td (1,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 293.32 Td (Distributions to partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.80 292.42 Td (\(1,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 292.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 292.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 292.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.80 292.47 Td (\(1,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 292.42 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 277.20 Td (Balance as of December) Tj ET Q q 0 0 0 rg BT 144.64 277.20 Td ( 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 277.42 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 277.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.65 277.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 277.42 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 263.32 Td (Issuance of units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 262.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 262.42 Td (371,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 262.42 Td (166,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 262.42 Td (538,560) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 248.32 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.15 247.42 Td (19,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 247.42 Td (19,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 437.15 247.42 Td (1,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 247.42 Td (40,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 233.32 Td (Distributions to partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.80 232.42 Td (\(19,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 232.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.80 232.47 Td (\(19,815) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 232.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.80 232.47 Td (\(1,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 232.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 232.47 Td (\(40,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 232.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 218.32 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 288.30 217.42 Td (\(93) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 217.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.30 217.47 Td (\(189) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 217.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 446.30 217.47 Td (\(75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 217.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.30 217.47 Td (\(357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 217.42 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 202.20 Td (Balance as of December) Tj ET Q q 0 0 0 rg BT 144.64 202.20 Td ( 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 202.42 Td (218,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 202.42 Td (371,634) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 202.42 Td (166,662) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 202.42 Td (756,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 188.32 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.15 187.42 Td (19,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.15 187.42 Td (29,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.15 187.42 Td (15,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 187.42 Td (64,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 173.32 Td (Distributions to partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.80 172.42 Td (\(19,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 301.65 172.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.80 172.47 Td (\(29,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 172.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.80 172.47 Td (\(15,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 172.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.80 172.47 Td (\(64,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 172.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 158.32 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.65 157.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.30 157.47 Td (\(158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 380.65 157.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.30 157.47 Td (\(144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.65 157.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.30 157.47 Td (\(302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.65 157.42 Td (\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 53.00 142.20 Td (Balance as of December) Tj ET Q q 0 0 0 rg BT 144.56 142.20 Td ( 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.00 142.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.15 142.42 Td (218,307) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.00 142.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.15 142.42 Td (371,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.00 142.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.15 142.42 Td (166,518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.00 142.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 520.15 142.42 Td (756,301) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 211 0 obj <> endobj 212 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (Distributions on the Series ) Tj ET Q q 0 0 0 rg BT 158.33 731.10 Td (A, B and C Preferred Units are payable out of any legally available funds, accrue and are cumulative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (from the original issuance dates, and are payable on the 15th day \(or the next business day\) of each of March, June, September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.10 Td (and December of each year to holders of record on the first business day of each payment month. ) Tj ET Q q 0 0 0 rg BT 441.07 707.10 Td (The Series ) Tj ET Q q 0 0 0 rg BT 485.50 707.10 Td (A, B and C ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.10 Td (Preferred Units rank equal to each other and to the Series D Preferred Units, and senior to all of our other classes of equity ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.10 Td (securities with respect to distribution rights and rights upon liquidation. ) Tj ET Q q 0 0 0 rg BT 338.39 683.10 Td (The following table summarizes information about ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.10 Td (cash distributions declared for our ) Tj ET Q BT /F1 9.75 Tf ET q 0 0 0 rg BT 189.13 671.10 Td (Series ) Tj ET Q q 0 0 0 rg BT 214.85 671.10 Td (A, B and C Preferred Units:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 634.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 634.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 634.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 634.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 634.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 634.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 634.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 604.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 604.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 604.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 604.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 604.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.50 574.60 305.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 354.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 358.50 574.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 423.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 427.50 574.60 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 574.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 574.60 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 647.6 m 423.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 423.5 647.6 m 427.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 647.6 m 492.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 647.6 m 496.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 647.6 m 561.5 647.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 634.6 m 354.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 358.5 634.6 m 423.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 427.5 634.6 m 492.5 634.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 634.6 m 561.5 634.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 411.90 651.83 Td (Cash Distributions Per) Tj ET Q q 0 0 0 rg BT 490.05 651.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 190.15 638.83 Td (Period) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.80 638.83 Td (Series ) Tj ET Q q 0 0 0 rg BT 399.02 638.83 Td (A) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.60 638.83 Td (Series B) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.35 638.83 Td (Series C) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 624.27 Td (December 15, 2018 - March 14, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 624.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 624.27 Td (0.53125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 624.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 624.27 Td (0.47657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 624.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 624.27 Td (0.56250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 609.27 Td (September 15, 2018 - December 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 609.27 Td (0.53125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 609.27 Td (0.47657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 609.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 609.27 Td (0.56250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 594.27 Td (June 15, 2018 - September 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 594.27 Td (0.53125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 594.27 Td (0.47657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 594.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 594.27 Td (0.56250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 579.27 Td (March 15, 2018 - June 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 579.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 579.27 Td (0.53125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 579.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 579.27 Td (0.47657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 579.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 579.27 Td (0.56250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 564.27 Td (December 15, 2017 - March 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.15 564.27 Td (0.53125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.00 564.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.15 564.27 Td (0.47657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.30 564.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.00 549.27 Td (November 30, 2017 - March 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.30 549.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.30 549.27 Td (N/A) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.00 549.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.15 549.27 Td (0.65625) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 521.10 Td (Common Units and General Partner) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 509.10 Td (Issuances of Common Units.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 164.44 509.10 Td ( ) Tj ET Q q 0 0 0 rg BT 166.39 509.10 Td (As a result of the Mer) Tj ET Q q 0 0 0 rg BT 253.69 509.10 Td (ger discussed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.00 509.10 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 509.10 Td (, we issued approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.92 509.10 Td (13.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.81 509.10 Td ( incremental ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 497.10 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 497.10 Td (gy common units in the third quarter of 2018, in exchange for the previously outstanding NSH units. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 473.10 Td (In the second quarter of 2018, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.12 473.10 Td (413,736) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 246.62 473.10 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.54 473.10 Td ($24.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.04 473.10 Td ( per unit to ) Tj ET Q q 0 0 0 rg BT 431.96 473.10 Td (W) Tj ET Q q 0 0 0 rg BT 441.00 473.10 Td (illiam E. Greehey) Tj ET Q q 0 0 0 rg BT 511.15 473.10 Td (, Chairman ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.10 Td (of the Board of Directors of NuStar GP) Tj ET Q q 0 0 0 rg BT 206.36 461.10 Td (, LLC. ) Tj ET Q q 0 0 0 rg BT 235.06 461.10 Td (W) Tj ET Q q 0 0 0 rg BT 243.70 461.10 Td (e used the proceeds of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 335.05 461.10 Td ($10.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.95 461.10 Td ( from the sale of these units, including a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 449.10 Td (contribution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.21 449.10 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 161.10 449.10 Td ( from our general partner to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.60 449.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.93 449.10 Td ( general partner economic interest it owned at that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 437.10 Td (time, for general partnership purposes.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 413.10 Td (In the second quarter of 2017, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.12 413.10 Td (14,375,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.12 413.10 Td ( common units at a price of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.04 413.10 Td ($46.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.54 413.10 Td ( per unit. ) Tj ET Q q 0 0 0 rg BT 436.68 413.10 Td (W) Tj ET Q q 0 0 0 rg BT 445.32 413.10 Td (e used the net proceeds from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 401.10 Td (this of) Tj ET Q q 0 0 0 rg BT 75.10 401.10 Td (fering of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 112.30 401.10 Td ($657.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.20 401.10 Td (, including a contribution of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.62 401.10 Td ($13.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.51 401.10 Td ( from our general partner to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 505.00 401.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.33 401.10 Td ( general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 389.10 Td (partner economic interest it owned at that time, to fund a portion of the purchase price for the Navigator ) Tj ET Q q 0 0 0 rg BT 467.64 389.10 Td (Acquisition.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 365.10 Td (In the third quarter of 2016, we issued) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.24 365.10 Td (595,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.74 365.10 Td ( common units at an average price of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.24 365.10 Td ($47.39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.74 365.10 Td (per unit for proceeds of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 514.59 365.10 Td ($28.3 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 353.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.89 353.10 Td (, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 109.44 353.10 Td ($0.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 158.33 353.10 Td ( of issuance costs. ) Tj ET Q q 0 0 0 rg BT 232.86 353.10 Td (W) Tj ET Q q 0 0 0 rg BT 241.49 353.10 Td (e used these proceeds, which include a contribution of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.87 353.10 Td ($0.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.76 353.10 Td (from our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 341.10 Td (general partner to maintain the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.22 341.10 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.55 341.10 Td ( general partner economic interest it owned at that time, for general partnership purposes, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 329.10 Td (including repayments of outstanding borrowings under the Revolving Credit ) Tj ET Q q 0 0 0 rg BT 358.01 329.10 Td (Agreement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 305.10 Td (For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.08 305.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.67 305.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.67 305.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.67 305.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.11 305.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.11 305.10 Td (, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.77 305.10 Td (225,144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.27 305.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.27 305.10 Td (185,455) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.77 305.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.21 305.10 Td (135,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.71 305.10 Td ( common units, respectively) Tj ET Q q 0 0 0 rg BT 554.81 305.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 293.10 Td (in connection with the vestings of awards issued under our long-term incentive plans. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 269.10 Td (Cash Distributions. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.85 269.10 Td (W) Tj ET Q q 0 0 0 rg BT 139.49 269.10 Td (e make quarterly distributions to common unitholders, and, prior to the Mer) Tj ET Q q 0 0 0 rg BT 442.30 269.10 Td (ger) Tj ET Q q 0 0 0 rg BT 454.67 269.10 Td (, made quarterly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 257.10 Td (distributions to the general partner of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 201.07 257.10 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 224.40 257.10 Td ( of our A) Tj ET Q q 0 0 0 rg BT 264.48 257.10 Td (vailable Cash, generally defined as cash receipts less cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 245.10 Td (disbursements, including distributions to our preferred units, and cash reserves established by the general partner) Tj ET Q q 0 0 0 rg BT 501.14 245.10 Td (, in its sole ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 233.10 Td (discretion. ) Tj ET Q q 0 0 0 rg BT 94.25 233.10 Td (These quarterly distributions are declared and paid within ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.51 233.10 Td (45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.51 233.10 Td ( days subsequent to each quarter) Tj ET Q q 0 0 0 rg BT 466.99 233.10 Td (-end. ) Tj ET Q q 0 0 0 rg BT 489.58 233.10 Td (The common ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 221.10 Td (unitholders receive a distribution each quarter as determined by the board of directors, subject to limitation by the distributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 209.10 Td (in arrears, if any) Tj ET Q q 0 0 0 rg BT 114.87 209.10 Td (, on our preferred units. Prior to the Mer) Tj ET Q q 0 0 0 rg BT 275.76 209.10 Td (ger) Tj ET Q q 0 0 0 rg BT 288.13 209.10 Td (, our ) Tj ET Q q 0 0 0 rg BT 308.41 209.10 Td (A) Tj ET Q q 0 0 0 rg BT 314.89 209.10 Td (vailable Cash was distributed based on the percentages ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 197.10 Td (shown below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 152.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 152.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 152.60 122.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 152.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 152.60 122.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 122.60 261.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 311.50 122.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 315.50 122.60 122.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.50 122.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 441.50 122.60 122.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 172.60000000000002 m 437.5 172.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437.5 172.60000000000002 m 441.5 172.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 172.60000000000002 m 563.5 172.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 152.60000000000002 m 311.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 315.5 152.60000000000002 m 437.5 152.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 441.5 152.60000000000002 m 563.5 152.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 176.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.95 176.83 Td (Per) Tj ET Q q 0 0 0 rg BT 405.79 176.83 Td (centageofDistribution) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 53.00 156.83 Td (Quarterly Distribution ) Tj ET Q q 0 0 0 rg BT 132.55 156.83 Td (Amount Per) Tj ET Q q 0 0 0 rg BT 174.40 156.83 Td ( Common Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 360.20 164.68 Td (Common) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 355.75 156.68 Td (Unitholders) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 473.95 164.68 Td (GeneralPartner) Tj ET Q q 0 0 0 rg BT 530.00 164.68 Td ( ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.30 156.68 Td (Including Incentive Distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 143.17 Td (Up to $0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.80 142.27 Td (98%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.30 142.27 Td (2%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 128.17 Td (Above $0.60 up to $0.66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.80 127.27 Td (90%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.80 127.27 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 113.17 Td (Above $0.66) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.80 112.27 Td (75%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.80 112.27 Td (25%) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 84.10 Td (Because the Mer) Tj ET Q q 0 0 0 rg BT 117.01 84.10 Td (ger was ef) Tj ET Q q 0 0 0 rg BT 157.92 84.10 Td (fective prior to the record date for the distribution for the second quarter of 2018, the general partner ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 72.10 Td (received ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.36 72.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 96.36 72.10 Td ( distributions after the first quarter distribution. Beginning with the second quarter of 2018, the common limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 60.10 Td (partners) Tj ET Q q 0 0 0 rg BT 84.79 60.10 Td ( distribution includes the additional common units issued in exchange for previously outstanding NSH units because ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 48.10 Td (the Mer) Tj ET Q q 0 0 0 rg BT 81.20 48.10 Td (ger closed prior to the common unit distribution record date for the second quarter of 2018. ) Tj ET Q endstream endobj 213 0 obj <> endobj 214 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (The following table reflects the allocation of total cash distributions to the general partner and common limited partners ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.10 Td (applicable to the period in which the distributions were earned:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 669.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 669.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 669.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 669.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 669.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 639.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 639.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 639.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 639.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 639.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 609.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 609.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 609.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 609.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 609.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 579.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 579.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 579.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 579.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 579.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 579.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 695.6 m 414.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 695.6 m 418.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 695.6 m 488.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 695.6 m 492.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 695.6 m 562.5 695.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 682.6 m 414.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 682.6 m 488.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 682.6 m 562.5 682.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 639.6 m 414.5 639.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 639.6 m 488.5 639.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 639.6 m 562.5 639.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 609.6 m 414.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 609.6 m 488.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 609.6 m 562.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 595.6 m 414.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 593.6 m 414.5 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 595.6 m 488.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 593.6 m 488.5 593.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 595.6 m 562.5 595.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 593.6 m 562.5 593.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 699.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 699.83 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 699.83 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 699.83 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 485.35 699.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 686.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 686.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 686.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 686.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 673.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 379.75 673.85 Td (\(ThousandsofDollars,ExceptPerUnitData\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 660.17 Td (General partner interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 659.27 Td (1,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 659.27 Td (9,252) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 659.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 659.27 Td (7,877) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 645.17 Td (General partner incentive distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 644.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 644.27 Td (45,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 644.27 Td (43,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 630.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 630.17 Td (otal general partner distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 629.27 Td (1,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 629.27 Td (54,921) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 629.27 Td (51,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 615.17 Td (Common limited partners) Tj ET Q q 0 0 0 rg BT 158.72 615.17 Td ( distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 614.27 Td (248,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 614.27 Td (407,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 614.27 Td (342,598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 600.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 600.17 Td (otal cash distributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 599.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 599.27 Td (249,846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 599.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 599.27 Td (462,602) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 599.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 599.27 Td (393,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 570.17 Td (Cash distributions per unit applicable to common limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 569.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 569.27 Td (2.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 569.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 569.27 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 569.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 569.27 Td (4.38) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 541.10 Td (The following table summarizes information about quarterly cash distributions declared for our common limited partners, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 529.10 Td (prior to the Mer) Tj ET Q q 0 0 0 rg BT 113.41 529.10 Td (ger) Tj ET Q q 0 0 0 rg BT 125.78 529.10 Td (, our general partner: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 476.60 174.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.50 476.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 476.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 476.60 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 476.60 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 446.60 174.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 224.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 228.50 446.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 288.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 292.50 446.60 88.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 446.60 87.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 471.50 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 475.50 446.60 87.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 489.6 m 224.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 489.6 m 288.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 489.6 m 380.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 489.6 m 471.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 489.6 m 562.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 228.5 489.6 m 288.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 292.5 489.6 m 380.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 489.6 m 471.5 489.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 475.5 489.6 m 562.5 489.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 110.95 493.83 Td (Quarter) Tj ET Q q 0 0 0 rg BT 138.87 493.83 Td ( Ended) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 249.30 509.83 Td (Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 235.55 501.83 Td (Distributions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 243.50 493.83 Td (Per) Tj ET Q q 0 0 0 rg BT 255.42 493.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.55 501.83 Td (T) Tj ET Q q 0 0 0 rg BT 322.52 501.83 Td (otal Cash) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 313.55 493.83 Td (Distributions) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.05 493.83 Td (Record Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 494.35 493.83 Td (Payment Date) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 298.85 480.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 466.27 Td (December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 466.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.15 466.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 466.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 466.27 Td (64,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.20 466.27 Td (February 8, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.70 466.27 Td (February 13, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 451.27 Td (September 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.15 451.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 451.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 451.27 Td (64,248) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.10 451.27 Td (November 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.60 451.27 Td (November 14, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 436.27 Td (June 30, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 436.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.15 436.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 436.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 436.27 Td (64,205) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.80 436.27 Td (August 7, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.30 436.27 Td (August 13, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 421.27 Td (March 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.00 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.15 421.27 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.00 421.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 421.27 Td (57,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 402.05 421.27 Td (May 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.55 421.27 Td (May 14, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F4 10.00 Tf ET q 0 0 0 rg BT 50.00 393.10 Td (Net Income ) Tj ET Q q 0 0 0 rg BT 98.13 393.10 Td (Applicable to the General Partner) Tj ET Q q 0 0 0 rg BT 234.22 393.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 239.22 393.10 Td (For the year ended December 31, 2018, net income applicable to the general ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 381.10 Td (partner totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 110.53 381.10 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 159.42 381.10 Td ( and related to the general partner interest allocation prior to the Mer) Tj ET Q q 0 0 0 rg BT 433.57 381.10 Td (ger) Tj ET Q q 0 0 0 rg BT 445.79 381.10 Td (.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 448.29 381.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.79 381.10 Td (The following table details ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 369.10 Td (the calculation of net income applicable to the general partner for 2017 and 2016:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 319.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 319.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 319.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 319.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 289.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 289.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 289.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 289.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 249.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 249.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 249.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 249.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 219.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 219.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 219.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 219.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 345.6 m 488.5 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 345.6 m 492.5 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 345.6 m 562.5 345.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 332.6 m 488.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 332.6 m 562.5 332.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 274.6 m 488.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 274.6 m 562.5 274.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 234.60000000000002 m 488.5 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 234.60000000000002 m 562.5 234.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 204.60000000000002 m 488.5 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 204.60000000000002 m 562.5 204.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 190.60000000000002 m 488.5 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 188.60000000000002 m 488.5 188.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 190.60000000000002 m 562.5 190.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 188.60000000000002 m 562.5 188.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 349.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.70 349.83 Td (Y) Tj ET Q q 0 0 0 rg BT 451.03 349.83 Td (ear) Tj ET Q q 0 0 0 rg BT 461.62 349.83 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 522.35 349.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 336.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 336.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 336.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 323.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 323.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 310.17 Td (Net income attributable to NuStar Ener) Tj ET Q q 0 0 0 rg BT 209.80 310.17 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 235.83 310.17 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 309.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.15 309.27 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 309.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 309.27 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 295.17 Td (Less preferred limited partner interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 294.27 Td (40,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 294.27 Td (1,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 280.17 Td (Less general partner incentive distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 279.27 Td (45,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 279.27 Td (43,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 265.17 Td (Net income after general partner incentive distribution and preferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 255.17 Td (limited partner interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 254.27 Td (61,847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 521.15 254.27 Td (104,671) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 240.17 Td (General partner interest allocation) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 239.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 239.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 239.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 553.65 239.27 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 225.17 Td (General partner interest allocation of net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 224.27 Td (1,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 224.27 Td (2,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 210.17 Td (General partner incentive distribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 209.27 Td (45,669) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 209.27 Td (43,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 195.17 Td (Net income applicable to general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 194.27 Td (46,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 194.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 194.27 Td (45,498) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 564.00 190.10 Td () Tj ET Q endstream endobj 215 0 obj <> endobj 216 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (107) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (Accumulated Other Comprehensive Income \(Loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 719.25 Td (The balance of and changes in the components included in ) Tj ET Q q 0 0 0 rg BT 286.04 719.25 Td (AOCI were as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 658.75 246.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 658.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 658.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 658.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 658.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 658.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 658.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 658.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 623.75 246.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 623.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 623.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 623.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 623.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 623.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 583.75 246.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 583.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 583.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 583.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 583.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 583.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 583.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 583.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 533.75 246.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 533.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 533.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 533.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 533.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 533.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 533.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 533.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 493.75 246.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 493.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 493.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 493.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 493.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 493.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 493.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 493.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 448.75 246.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 448.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 448.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 448.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 448.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 448.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 448.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 448.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.75 246.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 398.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 398.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 398.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 398.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 398.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 398.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 398.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 358.75 246.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 358.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 358.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 358.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 358.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 358.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 358.75 4.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 358.75 63.00 -20.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 313.75 246.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 313.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 313.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 313.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 313.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 313.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 313.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 313.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 263.75 246.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 263.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 263.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 263.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 263.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 263.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 263.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 263.75 63.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 223.75 246.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 296.50 223.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 223.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 363.50 223.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 426.50 223.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.50 223.75 63.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 223.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 223.75 63.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 671.75 m 359.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 671.75 m 426.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 671.75 m 493.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 671.75 m 560.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 508.75 m 359.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 508.75 m 426.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 508.75 m 493.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 508.75 m 359.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 493.75 m 359.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 508.75 m 426.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 493.75 m 426.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 508.75 m 493.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 493.75 m 493.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 508.75 m 560.5 508.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 493.75 m 560.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 493.75 m 493.5 493.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 373.75 m 493.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 373.75 m 359.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 358.75 m 359.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 373.75 m 426.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 358.75 m 426.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 373.75 m 493.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 358.75 m 493.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 373.75 m 560.5 373.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 358.75 m 560.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 358.75 m 493.5 358.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 223.75 m 359.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 223.75 m 493.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 223.75 m 359.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 208.75 m 359.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 223.75 m 426.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 208.75 m 426.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 223.75 m 493.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 208.75 m 493.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 223.75 m 560.5 223.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 208.75 m 560.5 208.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 189.75 m 359.5 189.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 296.5 187.75 m 359.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 189.75 m 426.5 189.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 363.5 187.75 m 426.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 189.75 m 493.5 189.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 430.5 187.75 m 493.5 187.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 189.75 m 560.5 189.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 187.75 m 560.5 187.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 314.20 691.98 Td (For) Tj ET Q q 0 0 0 rg BT 326.49 691.98 Td (eign) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 311.10 683.98 Td (Curr) Tj ET Q q 0 0 0 rg BT 328.28 683.98 Td (ency) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.75 675.98 Td (T) Tj ET Q q 0 0 0 rg BT 312.49 675.98 Td (ranslation) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.35 683.98 Td (Cash Flow) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.05 675.98 Td (Hedges) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 440.70 699.98 Td (Pension and) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.35 691.98 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.10 683.98 Td (Postr) Tj ET Q q 0 0 0 rg BT 454.17 683.98 Td (etir) Tj ET Q q 0 0 0 rg BT 466.01 683.98 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.70 675.98 Td (Benefits) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.75 675.98 Td (T) Tj ET Q q 0 0 0 rg BT 524.35 675.98 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 390.85 663.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 643.42 Td (Balance as of January 1, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.80 643.47 Td (\(60,826) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 643.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 643.47 Td (\(27,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 643.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 643.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 643.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 643.47 Td (\(88,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 643.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 628.42 Td (Employee ) Tj ET Q q 0 0 0 rg BT 101.95 628.42 Td (T) Tj ET Q q 0 0 0 rg BT 107.79 628.42 Td (ransfer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 628.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 628.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 628.42 Td (4,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 628.42 Td (4,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 613.42 Td (Deferred income tax adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 613.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 613.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 613.42 Td (2,414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 613.42 Td (2,414) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 598.42 Td (Other comprehensive loss before) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 588.42 Td ( reclassification adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.80 588.47 Td (\(8,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 588.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.80 588.47 Td (\(2,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 588.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 588.47 Td (\(7,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 588.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 588.47 Td (\(18,716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 588.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 573.42 Td (Net gain on pension costs reclassified into operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 563.42 Td ( expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 563.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 563.47 Td (\(1,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 563.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 563.47 Td (\(1,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 563.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 548.42 Td (Net gain on pension costs reclassified into general and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 538.42 Td ( administrative expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 538.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 538.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 538.47 Td (\(413) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 538.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 538.47 Td (\(413) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 538.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 523.42 Td (Net loss on cash flow hedges reclassified into interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 513.42 Td ( expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 513.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 513.42 Td (8,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 513.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 513.42 Td (8,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 499.32 Td (Other comprehensive \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.80 498.47 Td (\(8,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 498.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 498.42 Td (5,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 498.47 Td (\(2,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 498.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 498.47 Td (\(5,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 498.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 478.42 Td (Balance as of December31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.80 478.47 Td (\(69,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 478.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 478.47 Td (\(22,258) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 478.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 478.47 Td (\(2,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 478.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 478.47 Td (\(94,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 478.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 463.42 Td (Other comprehensive income \(loss\) before) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 453.42 Td ( reclassification adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 453.42 Td (17,466) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.80 453.47 Td (\(8,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 453.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 453.47 Td (\(4,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 453.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 453.42 Td (4,155) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 438.42 Td (Net gain on pension costs reclassified into operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 428.42 Td ( expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 428.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 428.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 428.47 Td (\(1,143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 428.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 428.47 Td (\(1,143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 428.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 413.42 Td (Net gain on pension costs reclassified into general and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 403.42 Td ( administrative expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 403.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 403.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 403.47 Td (\(386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 403.47 Td (\(386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 388.42 Td (Net loss on cash flow hedges reclassified into interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 378.42 Td ( expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 378.42 Td (6,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 378.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 378.42 Td (6,624) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 364.32 Td (Other comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 363.42 Td (17,466) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.80 363.47 Td (\(2,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 363.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 363.47 Td (\(6,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 363.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 363.42 Td (9,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 343.42 Td (Balance as of December31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.80 343.47 Td (\(51,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 343.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.80 343.47 Td (\(24,304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 343.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 343.47 Td (\(9,020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 343.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 343.47 Td (\(84,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 343.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 328.42 Td (Other comprehensive income before) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 318.42 Td ( reclassification adjustments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.80 318.47 Td (\(13,880) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 318.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 318.42 Td (17,912) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 318.42 Td (3,282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 318.42 Td (7,314) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 303.42 Td (Sale of European operations reclassified into other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 293.42 Td (income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.15 293.42 Td (18,124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 293.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 293.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 293.42 Td (18,124) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 278.42 Td (Net gain on pension costs reclassified into other income,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 268.42 Td (net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 268.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 268.47 Td (\(814) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 268.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 268.47 Td (\(814) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 268.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 253.42 Td (Net loss on cash flow hedges reclassified into interest) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 243.42 Td ( expense, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 243.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.15 243.42 Td (5,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 243.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 243.42 Td (5,499) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 228.42 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.65 228.42 Td (60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 228.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.30 228.47 Td (\(134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 228.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.30 228.47 Td (\(74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 228.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 214.32 Td (Other comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 333.15 213.42 Td (4,304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 213.42 Td (23,41) Tj ET Q q 0 0 0 rg BT 417.65 213.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 213.42 Td (2,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 213.42 Td (30,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 193.42 Td (Balance as of December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.00 193.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.80 193.47 Td (\(47,299) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.65 193.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.00 193.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.30 193.47 Td (\(893) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.65 193.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.00 193.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 193.47 Td (\(6,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 193.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 193.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.80 193.47 Td (\(54,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 193.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 217 0 obj <> endobj 218 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (108) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (21) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 731.25 Td (. NET) Tj ET Q q 0 0 0 rg BT 85.38 731.25 Td ( \(LOSS\) INCOME PER COMMON UNIT) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 707.25 Td (As discussed in Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.66 707.25 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 146.66 707.25 Td (, the Series D Preferred Units are convertible into common units at the option of the holder at any time ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 695.25 Td (on or after June 29, 2028. ) Tj ET Q q 0 0 0 rg BT 154.42 695.25 Td (As such, we calculated the dilutive ef) Tj ET Q q 0 0 0 rg BT 303.91 695.25 Td (fect of the Series D Preferred Units using the if-converted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 683.25 Td (method. For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 162.19 683.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.77 683.25 Td (, the ef) Tj ET Q q 0 0 0 rg BT 268.08 683.25 Td (fect of the assumed conversion of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.97 683.25 Td (23,246,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.97 683.25 Td ( Series D Preferred ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 671.25 Td (Units outstanding as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 671.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.58 671.25 Td ( was antidilutive; therefore, we did not include such conversion in the computation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 659.25 Td (of diluted net \(loss\) income per common unit.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 638.25 Td (The following table details the calculation of net \(loss\) income per common unit:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 588.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 588.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 588.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 588.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 588.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 558.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 558.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 558.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 558.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 558.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 528.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 528.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 528.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 528.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 498.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 498.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 498.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 498.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 498.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 498.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 468.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 468.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 468.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 468.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 468.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 468.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 438.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 438.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 438.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 438.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 438.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 438.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 408.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 408.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 408.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 408.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 408.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 378.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 378.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 378.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 378.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 378.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 348.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 348.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 348.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 348.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 348.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 318.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 318.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 318.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 318.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 288.75 309.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 359.50 288.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 424.50 288.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 428.50 288.75 65.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 493.50 288.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.50 288.75 65.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 614.75 m 424.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 424.5 614.75 m 428.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 614.75 m 493.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 493.5 614.75 m 497.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 614.75 m 562.5 614.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 601.75 m 424.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 601.75 m 493.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 601.75 m 562.5 601.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 513.75 m 424.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 513.75 m 493.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 513.75 m 562.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 499.75 m 424.5 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 497.75 m 424.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 513.75 m 493.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 499.75 m 493.5 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 497.75 m 493.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 513.75 m 562.5 513.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 499.75 m 562.5 499.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 497.75 m 562.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 423.75 m 424.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 423.75 m 493.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 423.75 m 562.5 423.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 409.75 m 424.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 407.75 m 424.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 409.75 m 493.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 407.75 m 493.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 409.75 m 562.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 407.75 m 562.5 407.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 318.75 m 424.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 304.75 m 424.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 302.75 m 424.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 318.75 m 493.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 304.75 m 493.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 302.75 m 493.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 318.75 m 562.5 318.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 304.75 m 562.5 304.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 302.75 m 562.5 302.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 274.75 m 424.5 274.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 359.5 272.75 m 424.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 274.75 m 493.5 274.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 428.5 272.75 m 493.5 272.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 274.75 m 562.5 274.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 497.5 272.75 m 562.5 272.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 65.00 619.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 416.20 618.98 Td (Y) Tj ET Q q 0 0 0 rg BT 421.53 618.98 Td (ear) Tj ET Q q 0 0 0 rg BT 432.12 618.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 492.85 618.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 606.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 383.50 605.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.50 605.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 521.50 605.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 593.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 372.40 593.00 Td (\(ThousandsofDollars,ExceptUnit and PerUnitData\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 579.32 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 578.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 578.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 578.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 578.42 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 578.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 578.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 564.32 Td (Distributions to preferred limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 389.80 563.47 Td (\(92,540) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 563.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 563.47 Td (\(40,448) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 563.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 563.47 Td (\(1,925) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 563.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 549.32 Td (Distributions to general partner \(including incentive distribution rights\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 548.47 Td (\(1,141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 548.47 Td (\(54,921) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 548.47 Td (\(51,284) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 548.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 534.32 Td (Distributions to common limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 533.47 Td (\(248,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 533.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 533.47 Td (\(407,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 533.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 533.47 Td (\(342,598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 533.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 519.32 Td (Distribution equivalent rights to restricted units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 518.47 Td (\(2,045) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 518.47 Td (\(2,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 518.47 Td (\(2,697) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 518.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 504.32 Td (Distributions in excess of earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 503.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 503.47 Td (\(138,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 503.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 503.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 503.47 Td (\(358,051) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 503.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 503.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 503.47 Td (\(248,501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 503.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 474.32 Td (Distributions to common limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 473.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 473.42 Td (248,705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 473.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 473.42 Td (407,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 473.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 473.42 Td (342,598) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 459.32 Td (Allocation of distributions in excess of earnings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 458.47 Td (\(138,659) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 458.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 458.47 Td (\(350,890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 458.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 458.47 Td (\(243,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 458.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 444.32 Td (Series D Preferred Unit accretion \(refer to Note 19\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.80 443.47 Td (\(8,195) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 443.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 443.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 443.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 429.32 Td (Loss to common unitholders attributable to the Mer) Tj ET Q q 0 0 0 rg BT 265.26 429.32 Td (ger \(refer to Note 4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 428.47 Td (\(377,079) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 428.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 428.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 428.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 414.32 Td (Net \(loss\) income attributable to common units:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 413.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 413.47 Td (\(275,228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 413.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 413.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 413.42 Td (56,791) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 413.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 413.42 Td (99,068) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 384.32 Td (Basic weighted-average common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 383.42 Td (99,490,495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 383.42 Td (88,825,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 383.42 Td (78,080,484) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 354.48 Td (Diluted common units outstanding:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 339.32 Td (Basic weighted-average common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 338.42 Td (99,490,495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 338.42 Td (88,825,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 338.42 Td (78,080,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 324.32 Td (Ef) Tj ET Q q 0 0 0 rg BT 68.26 324.32 Td (fect of dilutive potential common units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.15 323.42 Td (40,677) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.65 323.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 323.42 Td (32,518) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 309.32 Td (Diluted weighted-average common units outstanding) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.60 308.42 Td (99,531,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.60 308.42 Td (88,825,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 513.60 308.42 Td (78,1) Tj ET Q q 0 0 0 rg BT 531.10 308.42 Td (13,002) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 279.32 Td (Basic and diluted net \(loss\) income per common unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 362.00 278.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 399.80 278.47 Td (\(2.77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.65 278.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 431.00 278.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 278.42 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 500.00 278.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 278.42 Td (1.27) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 219 0 obj <> endobj 220 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (109) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (22) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 731.25 Td (. ST) Tj ET Q q 0 0 0 rg BT 76.49 731.25 Td (A) Tj ET Q q 0 0 0 rg BT 82.97 731.25 Td (TEMENTS OF) Tj ET Q q 0 0 0 rg BT 147.89 731.25 Td ( CASH FLOWS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 710.25 Td (Changes in current assets and current liabilities were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 660.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 660.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 660.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 660.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 660.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 630.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 630.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 630.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 630.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 630.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 600.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 600.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 600.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 600.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 600.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 570.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 570.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 570.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 570.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 570.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 540.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 540.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 540.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 540.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 540.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 510.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 510.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 510.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 510.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 510.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 480.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 480.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 480.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 480.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 480.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 480.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 686.75 m 414.5 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 686.75 m 418.5 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 686.75 m 488.5 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 686.75 m 492.5 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 686.75 m 562.5 686.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 673.75 m 414.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 673.75 m 488.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 673.75 m 562.5 673.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 480.75 m 414.5 480.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 480.75 m 488.5 480.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 480.75 m 562.5 480.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 466.75 m 414.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 464.75 m 414.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 466.75 m 488.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 464.75 m 488.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 466.75 m 562.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 464.75 m 562.5 464.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 691.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 690.98 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 690.98 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 690.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 485.35 690.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 678.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 677.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 677.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 677.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 665.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.85 665.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 651.32 Td (Decrease \(increase\) in current assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 636.32 Td (Accounts receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 635.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 635.42 Td (22,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 635.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 635.47 Td (\(865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 635.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 635.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 635.47 Td (\(23,234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 635.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 621.32 Td (Receivable from related parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 620.42 Td (160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.65 620.42 Td (1) Tj ET Q q 0 0 0 rg BT 474.65 620.42 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 620.47 Td (\(317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 620.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 606.32 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 605.42 Td (3,819) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 605.42 Td (1) Tj ET Q q 0 0 0 rg BT 462.15 605.42 Td (1,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 605.42 Td (940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 591.32 Td (Prepaid and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 590.42 Td (3,694) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 590.42 Td (3,393) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 590.42 Td (8,128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 576.32 Td (Increase \(decrease\) in current liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 561.32 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 560.42 Td (8,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 560.47 Td (\(30,409) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 560.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 560.42 Td (14,071) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 546.32 Td (Payable to related party) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 545.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.65 545.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 545.42 Td (894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 531.32 Td (Accrued interest payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 530.47 Td (\(4,279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 530.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 530.42 Td (6,489) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 540.30 530.47 Td (\(256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 530.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 516.32 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 515.42 Td (39,577) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 515.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 462.13 515.47 Td (1,157) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 515.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 515.42 Td (161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 501.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 501.32 Td (axes other than income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 500.42 Td (4,521) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 500.47 Td (\(3,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 500.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 500.42 Td (2,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 486.32 Td (Income tax payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.65 485.42 Td (285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.80 485.47 Td (\(2,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 485.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 485.42 Td (639) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 471.32 Td (Changes in current assets and current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 470.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 470.42 Td (78,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 470.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 470.47 Td (\(26,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 470.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 470.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 470.42 Td (3,716) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.25 Td (The above changes in current assets and current liabilities dif) Tj ET Q q 0 0 0 rg BT 294.45 445.25 Td (fer from changes between amounts reflected in the applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.25 Td (consolidated balance sheets due to:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 421.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 421.25 Td (current assets and current liabilities acquired and disposed of during the period; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 409.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 409.25 Td (the change in the amount accrued for capital expenditures;) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 397.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 397.25 Td (the ef) Tj ET Q q 0 0 0 rg BT 108.30 397.25 Td (fect of foreign currency translation; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 385.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 385.25 Td (reclassification of the ) Tj ET Q q 0 0 0 rg BT 174.02 385.25 Td (Axeon ) Tj ET Q q 0 0 0 rg BT 203.00 385.25 Td (T) Tj ET Q q 0 0 0 rg BT 208.41 385.25 Td (erm Loan to other current assets from other long-term assets, net in 2016; ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 373.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 373.25 Td (changes in the fair values of our interest rate swap agreements; and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 361.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 361.25 Td (non-cash related party transactions associated with the Employee ) Tj ET Q q 0 0 0 rg BT 349.06 361.25 Td (T) Tj ET Q q 0 0 0 rg BT 354.82 361.25 Td (ransfer) Tj ET Q q 0 0 0 rg BT 382.03 361.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 340.25 Td (Cash flows related to interest and income taxes were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 290.75 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 290.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 290.75 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 290.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 290.75 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 316.75 m 414.5 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 316.75 m 418.5 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 316.75 m 488.5 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 316.75 m 492.5 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 316.75 m 562.5 316.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 303.75 m 414.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 303.75 m 488.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 303.75 m 562.5 303.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 321.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 320.98 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 320.98 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 320.98 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 485.35 320.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 308.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 307.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 307.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 307.98 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 295.00 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.85 295.00 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 281.32 Td (Cash paid for interest, net of amount capitalized) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 280.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 280.42 Td (183,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 280.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 280.42 Td (158,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 280.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 280.42 Td (142,663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 266.32 Td (Cash paid for income taxes, net of tax refunds received) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 265.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 265.42 Td (8,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 265.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 265.42 Td (1) Tj ET Q q 0 0 0 rg BT 462.15 265.42 Td (1,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 265.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 265.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 265.42 Td (1,847) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 237.25 Td (23) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.50 237.25 Td (. EMPLOYEE BENEFIT) Tj ET Q q 0 0 0 rg BT 167.95 237.25 Td ( PLANS ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 213.25 Td (Employee T) Tj ET Q q 0 0 0 rg BT 98.28 213.25 Td (ransfer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 201.25 Td (Prior to the Employee ) Tj ET Q q 0 0 0 rg BT 139.86 201.25 Td (T) Tj ET Q q 0 0 0 rg BT 145.61 201.25 Td (ransfer discussed in Note 1, we reimbursed all costs incurred by NuStar GP) Tj ET Q q 0 0 0 rg BT 446.38 201.25 Td (, LLC related to the pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 189.25 Td (plans and other postretirement benefit plans at cost. For comparability purposes this footnote presents information related to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 177.25 Td (these benefit plans on a combined basis for periods during 2016 prior to the Employee ) Tj ET Q q 0 0 0 rg BT 397.29 177.25 Td (T) Tj ET Q q 0 0 0 rg BT 403.05 177.25 Td (ransfer and after the Employee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 165.25 Td (T) Tj ET Q q 0 0 0 rg BT 55.26 165.25 Td (ransfer) Tj ET Q q 0 0 0 rg BT 82.62 165.25 Td (, including the components of net periodic benefit cost \(income\) and adjustments to other comprehensive income \(loss\). ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 153.25 Td (Consequently) Tj ET Q q 0 0 0 rg BT 103.85 153.25 Td (, certain amounts presented below will dif) Tj ET Q q 0 0 0 rg BT 271.67 153.25 Td (fer from amounts reflected in our consolidated financial statements. See ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 141.25 Td (Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.44 141.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 76.44 141.25 Td ( for additional discussion on the Employee ) Tj ET Q q 0 0 0 rg BT 249.84 141.25 Td (T) Tj ET Q q 0 0 0 rg BT 255.59 141.25 Td (ransfer) Tj ET Q q 0 0 0 rg BT 282.80 141.25 Td (. ) Tj ET Q endstream endobj 221 0 obj <> endobj 222 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (10) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Thrift Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (The NuStar ) Tj ET Q q 0 0 0 rg BT 98.20 719.25 Td (Thrift Plan \(the ) Tj ET Q q 0 0 0 rg BT 162.17 719.25 Td (Thrift Plan\) is a qualified defined contribution plan that became ef) Tj ET Q q 0 0 0 rg BT 427.45 719.25 Td (fective June26, 2006. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.25 Td (Participation in the ) Tj ET Q q 0 0 0 rg BT 127.91 707.25 Td (Thrift Plan is voluntary and open to substantially all our domestic employees upon their dates of hire. ) Tj ET Q q 0 0 0 rg BT 535.98 707.25 Td (Thrift ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.25 Td (Plan participants can contribute from 1% up to 30% of their total annual compensation to the ) Tj ET Q q 0 0 0 rg BT 423.67 695.25 Td (Thrift Plan in the form of pre-tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.25 Td (and/or after tax employee contributions. ) Tj ET Q q 0 0 0 rg BT 212.04 683.25 Td (W) Tj ET Q q 0 0 0 rg BT 220.68 683.25 Td (e make matching contributions in an amount equal to 100% of each participant) Tj ET Q q 0 0 0 rg BT 538.92 683.25 Td (s ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.25 Td (employee contributions up to a maximum of 6% of the participant) Tj ET Q q 0 0 0 rg BT 316.66 671.25 Td (s total annual compensation.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.52 671.25 Td ( ) Tj ET Q q 0 0 0 rg BT 432.84 671.25 Td (The matching contributions to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 659.25 Td (the ) Tj ET Q q 0 0 0 rg BT 64.04 659.25 Td (Thrift Plan for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 188.99 659.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.58 659.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.58 659.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.58 659.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.01 659.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.01 659.25 Td ( totaled ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 364.23 659.25 Td ($7.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.12 659.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.12 659.25 Td ($6.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.01 659.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 486.45 659.25 Td ($6.6 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.34 659.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.25 Td (respectively) Tj ET Q q 0 0 0 rg BT 97.16 647.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.25 Td (The NuStar Excess ) Tj ET Q q 0 0 0 rg BT 128.46 623.25 Td (Thrift Plan \(the Excess ) Tj ET Q q 0 0 0 rg BT 222.70 623.25 Td (Thrift Plan\) is a nonqualified deferred compensation plan that became ef) Tj ET Q q 0 0 0 rg BT 512.97 623.25 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.25 Td (July1, 2006. ) Tj ET Q q 0 0 0 rg BT 103.49 611.25 Td (The Excess ) Tj ET Q q 0 0 0 rg BT 151.62 611.25 Td (Thrift Plan provides benefits to those employees whose compensation and/or annual contributions ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.25 Td (under the ) Tj ET Q q 0 0 0 rg BT 89.30 599.25 Td (Thrift Plan are subject to the limitations applicable to qualified retirement plans under the Code. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 575.25 Td (e also maintain other defined contribution plans for certain international employees located in Canada and the Caribbean ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.25 Td (Netherlands.) Tj ET Q q 0 0 0 rg BT 102.63 563.25 Td (W) Tj ET Q q 0 0 0 rg BT 111.27 563.25 Td (e also maintained plans for international employees in the United Kingdom and Netherlands prior to the sale of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.25 Td (our European operations on November 30, 2018. For the years ended) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.59 551.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.18 551.25 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.18 551.25 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 432.18 551.25 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.61 551.25 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.61 551.25 Td (, our costs for these ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.25 Td (plans totaled) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 102.82 539.25 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 151.71 539.25 Td (,) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 156.71 539.25 Td ($2.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.60 539.25 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.04 539.25 Td ($2.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.93 539.25 Td (, respectively) Tj ET Q q 0 0 0 rg BT 326.59 539.25 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 515.25 Td (Pension and Other Postretirement Benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.25 Td (The NuStar Pension Plan \(the Pension Plan\) is a qualified non-contributory defined benefit pension plan that provides eligible ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.25 Td (U.S. employees with retirement income as calculated under a cash balance formula. Under the cash balance formula, benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 479.25 Td (are determined based on age, years of vesting service and interest credits, and employees become fully vested in their benefits ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 467.25 Td (upon attaining three years of vesting service. Prior to January 1, 2014, eligible employees were covered under either a cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 455.25 Td (balance formula or a final average pay formula \(F) Tj ET Q q 0 0 0 rg BT 248.11 455.25 Td (AP\). Ef) Tj ET Q q 0 0 0 rg BT 278.48 455.25 Td (fective January 1, 2014, the Pension Plan was amended to freeze the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 443.25 Td (F) Tj ET Q q 0 0 0 rg BT 54.32 443.25 Td (AP) Tj ET Q q 0 0 0 rg BT 66.73 443.25 Td ( benefits as of December 31, 2013, and going forward, all eligible employees are covered under the cash balance formula ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 431.25 Td (discussed above.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 407.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 407.25 Td (e also maintain an excess pension plan \(the Excess Pension Plan\), which is a nonqualified deferred compensation plan that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 395.25 Td (provides benefits to a select group of management or other highly compensated employees. Neither the Excess ) Tj ET Q q 0 0 0 rg BT 495.01 395.25 Td (Thrift Plan nor ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 383.25 Td (the Excess Pension Plan is intended to constitute either a qualified plan under the provisions of Section401 of the Code or a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 371.25 Td (funded plan subject to the Employee Retirement Income Security ) Tj ET Q q 0 0 0 rg BT 313.04 371.25 Td (Act.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 347.25 Td (The Pension Plan and Excess Pension Plan are collectively referred to as the Pension Plans in the tables and discussion below) Tj ET Q q 0 0 0 rg BT 551.52 347.25 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 335.25 Td (Our other postretirement benefit plans include a contributory medical benefits plan for U.S. employees who retired prior to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 323.25 Td (April1, 2014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.11 323.25 Td ( and, for employees who retire on or after ) Tj ET Q q 0 0 0 rg BT 271.38 323.25 Td (April 1, 2014, a partial reimbursement for eligible third-party health ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 311.25 Td (care premiums. ) Tj ET Q q 0 0 0 rg BT 113.46 311.25 Td (W) Tj ET Q q 0 0 0 rg BT 122.10 311.25 Td (e use December31 as the measurement date for our pension and other postretirement plans.) Tj ET Q endstream endobj 223 0 obj <> endobj 224 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.85 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.48 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 308.11 33.60 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The changes in the benefit obligation, the changes in fair value of plan assets, the funded status and the amounts recognized in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (the consolidated balance sheets for our Pension Plans and other postretirement benefit plans as of and for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 707.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.52 707.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 167.52 707.10 Td ( were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 641.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 641.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 641.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 641.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 641.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 641.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 611.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 611.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 611.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 611.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 611.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 611.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 581.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 581.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 581.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 581.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 581.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 581.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 581.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 581.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 551.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 551.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 551.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 551.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 551.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 551.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 551.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 551.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 521.60 253.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 521.60 62.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 521.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 521.60 62.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 521.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 521.60 62.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 521.60 4.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 521.60 62.00 -30.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 476.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 476.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 476.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 476.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 476.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 476.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 446.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 446.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 446.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 446.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 446.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 446.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 416.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 416.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 416.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 416.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 416.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 416.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 416.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 416.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 371.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 371.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 371.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 371.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 371.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 371.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 341.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 341.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 341.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 341.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 341.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 341.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 296.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 296.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 296.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 296.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 296.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 296.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 266.60 253.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 302.00 266.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 364.00 266.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.00 266.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 430.00 266.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 434.00 266.60 62.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.00 266.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.00 266.60 62.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 671.6 m 364 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 364 671.6 m 368 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 671.6 m 430 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 671.6 m 496 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496 671.6 m 500 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 671.6 m 562 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 671.6 m 364 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 656.6 m 364 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 671.6 m 430 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 656.6 m 430 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 671.6 m 496 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 656.6 m 496 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 671.6 m 562 671.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 656.6 m 562 656.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 536.6 m 364 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 522.6 m 364 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 520.6 m 364 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 536.6 m 430 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 522.6 m 430 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 520.6 m 430 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 536.6 m 496 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 522.6 m 496 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 520.6 m 496 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 536.6 m 562 536.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 522.6 m 562 522.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 520.6 m 562 520.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 416.6 m 364 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 416.6 m 430 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 416.6 m 496 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 416.6 m 562 416.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 402.6 m 364 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 400.6 m 364 400.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 402.6 m 430 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 400.6 m 430 400.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 402.6 m 496 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 400.6 m 496 400.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 402.6 m 562 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 400.6 m 562 400.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 341.6 m 364 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 341.6 m 430 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 341.6 m 496 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 341.6 m 562 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 341.6 m 364 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 327.6 m 364 327.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 325.6 m 364 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 341.6 m 430 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 327.6 m 430 327.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 325.6 m 430 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 341.6 m 496 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 327.6 m 496 327.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 325.6 m 496 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 341.6 m 562 341.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 327.6 m 562 327.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 325.6 m 562 325.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 266.6 m 364 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 266.6 m 430 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 266.6 m 496 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 266.6 m 562 266.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 252.60000000000002 m 364 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 302 250.60000000000002 m 364 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 252.60000000000002 m 430 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368 250.60000000000002 m 430 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 252.60000000000002 m 496 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 434 250.60000000000002 m 496 250.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 252.60000000000002 m 562 252.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500 250.60000000000002 m 562 250.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 675.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 341.80 675.83 Td (Pension Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 460.95 683.83 Td (Other) Tj ET Q q 0 0 0 rg BT 481.24 683.83 Td (Postr) Tj ET Q q 0 0 0 rg BT 501.31 683.83 Td (etir) Tj ET Q q 0 0 0 rg BT 513.16 683.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.90 675.83 Td (Benefit Plans) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 660.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 324.50 660.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 390.50 660.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.50 660.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.50 660.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 394.35 645.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 632.17 Td (Change in benefit obligation:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 617.17 Td (Benefit obligation, January1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 616.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 616.27 Td (149,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 616.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 616.27 Td (127,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 616.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 616.27 Td (12,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 616.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 616.27 Td (1) Tj ET Q q 0 0 0 rg BT 535.65 616.27 Td (1,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 602.17 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 601.27 Td (9,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 601.27 Td (8,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 601.27 Td (504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 601.27 Td (456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 587.17 Td (Interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 586.27 Td (4,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.65 586.27 Td (4,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 586.27 Td (429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 586.27 Td (430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 572.17 Td (Benefits paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 571.32 Td (\(7,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 571.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.30 571.32 Td (\(5,941) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 571.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 571.32 Td (\(255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 571.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 571.32 Td (\(342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 571.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 557.17 Td (Participant contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.15 556.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 556.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 556.27 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 556.27 Td (215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 542.17 Td (Actuarial \(gain\) loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 541.32 Td (\(14,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 541.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 541.27 Td (14,894) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.30 541.32 Td (\(2,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 541.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 541.27 Td (590) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 527.17 Td (Benefit obligation, December31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 526.27 Td (141,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 526.27 Td (149,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 526.27 Td (10,908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 526.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 526.27 Td (12,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 496.27 Td (Change in plan assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 482.17 Td (Plan assets at fair value, January1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 481.27 Td (129,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 481.27 Td (107,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 481.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 481.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 481.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 467.17 Td (Actual return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 466.32 Td (\(6,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 466.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 466.27 Td (17,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 466.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 466.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 452.17 Td (Employer contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 451.27 Td (1) Tj ET Q q 0 0 0 rg BT 337.65 451.27 Td (1,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 451.27 Td (1) Tj ET Q q 0 0 0 rg BT 403.65 451.27 Td (1,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 451.27 Td (168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 451.27 Td (127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 437.17 Td (Benefits paid) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 436.32 Td (\(7,929) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 436.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.30 436.32 Td (\(5,941) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 436.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 436.32 Td (\(255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 436.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 436.32 Td (\(342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 436.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 422.17 Td (Participant contributions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.15 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 421.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 421.27 Td (87) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 421.27 Td (215) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 407.17 Td (Plan assets at fair value, December31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 406.27 Td (126,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 406.27 Td (129,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 406.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 406.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 376.27 Td (Reconciliation of funded status:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 362.17 Td (Fair value of plan assets at December31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 361.27 Td (126,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 361.27 Td (129,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 361.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 347.17 Td (Less: Benefit obligation at December31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.65 346.27 Td (141,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 346.27 Td (149,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 464.65 346.27 Td (10,908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 346.27 Td (12,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 332.17 Td (Funded status at December31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 331.32 Td (\(14,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 331.32 Td (\(19,939) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 331.32 Td (\(10,908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 331.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 331.32 Td (\(12,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 331.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 301.27 Td (Amounts recognized in the consolidated balance sheets \(a\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 287.17 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.80 286.32 Td (\(267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.80 286.32 Td (\(210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 286.32 Td (\(362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 286.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 286.32 Td (\(376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 286.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 272.17 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 271.32 Td (\(14,617) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 271.32 Td (\(19,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 271.32 Td (\(10,546) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 271.32 Td (\(12,034) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 271.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 257.17 Td (Net pension liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.50 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 256.32 Td (\(14,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.15 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.50 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.30 256.32 Td (\(19,939) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.15 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.50 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.30 256.32 Td (\(10,908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.50 256.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 256.32 Td (\(12,410) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 256.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 238.30 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 238.30 Td (For the Pension Plan, since assets exceed the present value of expected benefit payments for the next 12 months, all of the liability ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 227.50 Td (is noncurrent. For the Excess Pension Plan and the other postretirement benefit plans, since there are no assets, the current liability ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 216.70 Td (is the present value of expected benefit payments for the next 12 months; the remainder is noncurrent. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 195.70 Td (The accumulated benefit obligation is the present value of benefits earned to date, assuming no future salary increases. ) Tj ET Q q 0 0 0 rg BT 526.37 195.70 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 183.70 Td (aggregate accumulated benefit obligation for our Pension Plans as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.20 183.70 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 405.78 183.70 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.22 183.70 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.22 183.70 Td ( was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.77 183.70 Td ($139.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.66 183.70 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 171.70 Td ($146.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.39 171.70 Td (, respectively) Tj ET Q q 0 0 0 rg BT 161.05 171.70 Td (. ) Tj ET Q q 0 0 0 rg BT 165.50 171.70 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.94 171.70 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.53 171.70 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.97 171.70 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.97 171.70 Td (, the aggregate accumulated benefit obligation for the Pension ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 159.70 Td (Plans exceeded plan assets.) Tj ET Q endstream endobj 225 0 obj <> endobj 226 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The components of net periodic benefit cost \(income\) related to our Pension Plans and other postretirement benefit plans were ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 648.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.00 648.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 648.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.00 648.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 648.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 648.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 648.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 648.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 618.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.00 618.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.00 618.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 618.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 618.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.00 618.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 618.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 618.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 618.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 618.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 618.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 618.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 588.60 164.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 213.00 588.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 268.00 588.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 272.00 588.60 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.00 588.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 330.00 588.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 385.00 588.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 389.00 588.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 588.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 588.60 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 588.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 588.60 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 687.6 m 268 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268 687.6 m 272 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 687.6 m 326 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 687.6 m 330 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 687.6 m 385 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 687.6 m 444 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 687.6 m 448 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 687.6 m 503 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 687.6 m 507 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 687.6 m 562 687.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 674.6 m 268 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 268 674.6 m 272 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 674.6 m 326 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326 674.6 m 330 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 674.6 m 385 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 674.6 m 444 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 674.6 m 448 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 674.6 m 503 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 674.6 m 507 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 674.6 m 562 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 674.6 m 268 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 661.6 m 268 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 674.6 m 326 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 661.6 m 326 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 674.6 m 385 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 661.6 m 385 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 674.6 m 444 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 661.6 m 444 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 444 674.6 m 448 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 674.6 m 503 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 661.6 m 503 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 503 674.6 m 507 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 674.6 m 562 674.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 661.6 m 562 661.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 573.6 m 268 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 559.6 m 268 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 213 557.6 m 268 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 573.6 m 326 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 559.6 m 326 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 272 557.6 m 326 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 573.6 m 385 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 559.6 m 385 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 330 557.6 m 385 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 573.6 m 444 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 559.6 m 444 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 389 557.6 m 444 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 573.6 m 503 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 559.6 m 503 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 557.6 m 503 557.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 573.6 m 562 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 559.6 m 562 559.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 557.6 m 562 557.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 691.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 274.80 691.83 Td (Pension Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.45 699.83 Td (Other) Tj ET Q q 0 0 0 rg BT 458.74 699.83 Td ( Postr) Tj ET Q q 0 0 0 rg BT 478.81 699.83 Td (etir) Tj ET Q q 0 0 0 rg BT 490.66 699.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 452.40 691.83 Td (Benefit Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 254.20 678.83 Td (Y) Tj ET Q q 0 0 0 rg BT 259.53 678.83 Td (ear) Tj ET Q q 0 0 0 rg BT 270.12 678.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 330.85 678.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 430.70 678.83 Td (Y) Tj ET Q q 0 0 0 rg BT 436.03 678.83 Td (ear) Tj ET Q q 0 0 0 rg BT 446.62 678.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 507.35 678.83 Td ( 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 665.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 232.00 665.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 290.50 665.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 349.00 665.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.00 665.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 467.00 665.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 526.00 665.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 51.50 652.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 349.85 652.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 639.17 Td (Service cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 638.27 Td (9,621) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 638.27 Td (8,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 638.27 Td (7,703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 638.27 Td (504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 638.27 Td (456) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 638.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 638.27 Td (419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 624.17 Td (Interest cost) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 623.27 Td (4,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 623.27 Td (4,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 623.27 Td (4,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 623.27 Td (429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 623.27 Td (430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 623.27 Td (401) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 609.17 Td (Expected return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.30 608.27 Td (\(7,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.15 608.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.30 608.32 Td (\(6,41) Tj ET Q q 0 0 0 rg BT 317.13 608.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.15 608.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.30 608.32 Td (\(5,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 608.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 608.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 608.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 608.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 594.17 Td (Amortization of prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.30 593.27 Td (\(2,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.15 593.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.30 593.32 Td (\(2,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 322.15 593.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.30 593.32 Td (\(2,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 593.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 593.32 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 593.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.30 593.32 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 593.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 593.32 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 593.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 51.50 579.17 Td (Amortization of net actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 578.27 Td (2,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 578.27 Td (1,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 578.27 Td (1,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.15 578.27 Td (214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 578.27 Td (191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 578.27 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 564.17 Td (Net periodic benefit cost \(income\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.50 563.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 241.65 563.27 Td (7,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.50 563.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.65 563.27 Td (6,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.50 563.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.65 563.27 Td (5,347) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 391.50 563.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.15 563.27 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 563.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 485.80 563.32 Td (\(68) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 563.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 563.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 563.32 Td (\(144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 563.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 533.30 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 533.30 Td (e amortize prior service costs and credits on a straight-line basis over the average remaining service period of employees ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 521.30 Td (expected to receive benefits under our Pension Plans and other postretirement benefit plans \(Amortization of prior service ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 509.30 Td (credit in table above\). ) Tj ET Q q 0 0 0 rg BT 143.44 509.30 Td (W) Tj ET Q q 0 0 0 rg BT 152.08 509.30 Td (e amortize the actuarial gains and losses that exceed 10% of the greater of the projected benefit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 497.30 Td (obligation or market-related value of plan assets \(smoothed asset value\) over the average remaining service period of active ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 485.30 Td (employees expected to receive benefits under our Pension Plans and other postretirement benefit plans \(Amortization of net ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 473.30 Td (actuarial loss in table above\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.84 473.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 449.30 Td (Adjustments to other comprehensive income \(loss\) related to our Pension Plans and other postretirement benefit plans were as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 437.30 Td (follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 366.80 161.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 366.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 366.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 270.50 366.80 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 366.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 366.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 366.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 366.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 366.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 366.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 366.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 366.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 326.80 161.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 326.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 326.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 270.50 326.80 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 326.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 326.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 326.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 326.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 326.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 326.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 326.80 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 326.80 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 286.80 161.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 286.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 286.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 270.50 286.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 286.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 286.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 286.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 286.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 286.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 286.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 286.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 286.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 246.80 161.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 246.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 246.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 270.50 246.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 246.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 246.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 246.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 246.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 246.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 246.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 246.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 246.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 216.80 161.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 211.50 216.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 270.50 216.80 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 324.50 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 328.50 216.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 383.50 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 216.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 442.50 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 446.50 216.80 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.50 216.80 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 505.50 216.80 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 405.79999999999995 m 266.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 405.79999999999995 m 270.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 405.79999999999995 m 324.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 405.79999999999995 m 328.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 405.79999999999995 m 383.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 405.79999999999995 m 442.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 405.79999999999995 m 446.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 405.79999999999995 m 501.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 405.79999999999995 m 505.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 405.79999999999995 m 560.5 405.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 392.79999999999995 m 266.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 392.79999999999995 m 270.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 392.79999999999995 m 324.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 324.5 392.79999999999995 m 328.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 392.79999999999995 m 383.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 392.79999999999995 m 442.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 442.5 392.79999999999995 m 446.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 392.79999999999995 m 501.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501.5 392.79999999999995 m 505.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 392.79999999999995 m 560.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 392.79999999999995 m 266.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 379.79999999999995 m 266.5 379.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 392.79999999999995 m 324.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 379.79999999999995 m 324.5 379.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 392.79999999999995 m 383.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 379.79999999999995 m 383.5 379.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 392.79999999999995 m 442.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 379.79999999999995 m 442.5 379.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 392.79999999999995 m 501.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 379.79999999999995 m 501.5 379.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 392.79999999999995 m 560.5 392.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 379.79999999999995 m 560.5 379.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 271.79999999999995 m 266.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 271.79999999999995 m 324.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 271.79999999999995 m 383.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 271.79999999999995 m 442.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 271.79999999999995 m 501.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 271.79999999999995 m 560.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 271.79999999999995 m 324.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 271.79999999999995 m 383.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 271.79999999999995 m 442.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 271.79999999999995 m 501.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 271.79999999999995 m 560.5 271.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 201.79999999999995 m 266.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 201.79999999999995 m 324.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 201.79999999999995 m 383.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 201.79999999999995 m 442.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 201.79999999999995 m 501.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 201.79999999999995 m 560.5 201.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 177.79999999999995 m 266.5 177.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 211.5 175.79999999999995 m 266.5 175.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 177.79999999999995 m 324.5 177.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 270.5 175.79999999999995 m 324.5 175.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 177.79999999999995 m 383.5 177.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 328.5 175.79999999999995 m 383.5 175.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 177.79999999999995 m 442.5 177.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 387.5 175.79999999999995 m 442.5 175.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 177.79999999999995 m 501.5 177.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 446.5 175.79999999999995 m 501.5 175.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 177.79999999999995 m 560.5 177.79999999999995 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 505.5 175.79999999999995 m 560.5 175.79999999999995 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 410.05 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.30 410.03 Td (Pension Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 436.95 418.03 Td (Other) Tj ET Q q 0 0 0 rg BT 457.24 418.03 Td ( Postr) Tj ET Q q 0 0 0 rg BT 477.31 418.03 Td (etir) Tj ET Q q 0 0 0 rg BT 489.16 418.03 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 450.90 410.03 Td (Benefit Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 252.70 397.03 Td (Y) Tj ET Q q 0 0 0 rg BT 258.03 397.03 Td (ear) Tj ET Q q 0 0 0 rg BT 268.62 397.03 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 329.35 397.03 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.20 397.03 Td (Y) Tj ET Q q 0 0 0 rg BT 434.53 397.03 Td (ear) Tj ET Q q 0 0 0 rg BT 445.12 397.03 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 505.85 397.03 Td ( 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 384.05 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 230.50 384.03 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 289.00 384.03 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.50 384.03 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 406.50 384.03 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.50 384.03 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 524.50 384.03 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 371.05 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 348.35 371.05 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 356.47 Td (Net unrecognized gain \(loss\) arising) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 346.47 Td (during the year:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 331.47 Td (Net actuarial gain \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 331.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.15 331.47 Td (1,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.00 331.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.80 331.52 Td (\(4,235) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 331.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 331.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 331.52 Td (\(7,544) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 331.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 331.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 331.47 Td (2,267) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 331.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 331.52 Td (\(590) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 331.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.00 331.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 331.52 Td (\(368) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 331.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 316.47 Td (Net \(gain\) loss reclassified into) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 306.47 Td (income:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 292.37 Td (Amortization of prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.80 291.47 Td (\(2,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.65 291.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.80 291.52 Td (\(2,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 291.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 291.52 Td (\(2,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 291.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.80 291.52 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 291.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 291.52 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 291.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 291.52 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 291.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 277.37 Td (Amortization of net actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.15 276.47 Td (2,174) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 276.47 Td (1,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 357.15 276.47 Td (1,091) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 276.47 Td (214) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 276.47 Td (191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 276.47 Td (181) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 262.37 Td (Net loss \(gain\) reclassified into) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 252.37 Td (income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.65 251.47 Td (1) Tj ET Q q 0 0 0 rg BT 252.65 251.47 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.30 251.52 Td (\(575) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 251.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.30 251.52 Td (\(972) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 251.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.30 251.52 Td (\(931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 251.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.30 251.52 Td (\(954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 251.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.30 251.52 Td (\(964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 251.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 222.37 Td (Reclassification of stranded tax ef) Tj ET Q q 0 0 0 rg BT 188.97 222.37 Td (fects) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.30 221.47 Td (\(74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.65 221.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 310.65 221.47 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 221.47 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.65 221.47 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 221.47 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 221.47 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 207.37 Td (Income tax \(expense\) benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.30 206.47 Td (\(69) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.65 206.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.65 206.47 Td (162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 369.65 206.47 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.30 206.52 Td (\(25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 438.65 206.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 206.47 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 206.47 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 192.37 Td (T) Tj ET Q q 0 0 0 rg BT 67.41 192.37 Td (otal changes to other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 182.37 Td (comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.00 181.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.15 181.47 Td (1,023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.00 181.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.80 181.52 Td (\(4,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.65 181.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 331.00 181.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 181.52 Td (\(8,459) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 379.65 181.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 390.00 181.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.15 181.47 Td (1,31) Tj ET Q q 0 0 0 rg BT 433.65 181.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 449.00 181.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 471.80 181.52 Td (\(1,522) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.65 181.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 508.00 181.47 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 181.52 Td (\(1,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 181.47 Td (\)) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 227 0 obj <> endobj 228 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The amounts recorded as a component of Accumulated other comprehensive loss on the consolidated balance sheets related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (to our Pension Plans and other postretirement benefit plans were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 642.60 219.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 642.60 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 642.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 642.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 642.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 642.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 642.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 642.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 612.60 219.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 612.60 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 612.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 612.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 612.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 612.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 612.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 612.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 684.6 m 338.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 684.6 m 342.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 684.6 m 412.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 684.6 m 486.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 684.6 m 490.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 684.6 m 560.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 684.6 m 338.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 670.6 m 338.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 684.6 m 342.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 670.6 m 342.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 684.6 m 412.5 684.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 670.6 m 412.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 670.6 m 486.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 670.6 m 490.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 670.6 m 560.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 670.6 m 338.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 657.6 m 338.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 670.6 m 412.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 657.6 m 412.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 670.6 m 486.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 657.6 m 486.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 670.6 m 560.5 670.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 657.6 m 560.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 657.6 m 338.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 657.6 m 412.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 657.6 m 486.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 657.6 m 560.5 657.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 597.6 m 338.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 597.6 m 412.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 597.6 m 486.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 597.6 m 560.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 597.6 m 338.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 573.6 m 338.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 571.6 m 338.5 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 597.6 m 412.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 573.6 m 412.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 571.6 m 412.5 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 597.6 m 486.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 573.6 m 486.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 571.6 m 486.5 571.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 597.6 m 560.5 597.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 573.6 m 560.5 573.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 571.6 m 560.5 571.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 688.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 316.80 688.83 Td (Pension Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 451.45 696.83 Td (Other) Tj ET Q q 0 0 0 rg BT 471.74 696.83 Td ( Postr) Tj ET Q q 0 0 0 rg BT 491.81 696.83 Td (etir) Tj ET Q q 0 0 0 rg BT 503.66 696.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 465.40 688.83 Td (Benefit Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 317.25 674.83 Td (December) Tj ET Q q 0 0 0 rg BT 351.82 674.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.75 674.83 Td (December) Tj ET Q q 0 0 0 rg BT 499.32 674.83 Td ( 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 661.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 295.50 661.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 369.00 661.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.00 661.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.00 661.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 646.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.35 646.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 633.17 Td (Unrecognized actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 632.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.80 632.32 Td (\(27,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 632.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 632.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 632.32 Td (\(31,178) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 632.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 632.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 632.32 Td (\(1,673) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 632.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 632.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 632.32 Td (\(4,154) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 632.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 618.17 Td (Prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 617.27 Td (14,547) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 617.27 Td (16,604) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 617.27 Td (8,319) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 617.27 Td (9,464) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 603.17 Td (Deferred tax asset) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 602.27 Td (76) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 393.65 602.27 Td (219) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 602.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 602.27 Td (25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 588.17 Td (Accumulated other comprehensive \(loss\) income, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 578.17 Td (net of tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 577.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.80 577.32 Td (\(13,332) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.65 577.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 577.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.80 577.32 Td (\(14,355) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.65 577.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 577.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 577.27 Td (6,646) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 577.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 577.27 Td (5,335) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 549.10 Td (The following pre-tax amounts in accumulated other comprehensive loss as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.24 549.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 443.83 549.10 Td ( are expected to be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 537.10 Td (recognized as components of net periodic benefit cost \(income\) in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 316.07 537.10 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.07 537.10 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 477.60 366.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 477.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 477.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 477.60 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 491.6 m 486.5 491.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 491.6 m 560.5 491.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.30 495.83 Td (PensionPlans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.85 512.83 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.60 504.83 Td (Postr) Tj ET Q q 0 0 0 rg BT 517.67 504.83 Td (etir) Tj ET Q q 0 0 0 rg BT 529.51 504.83 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.40 495.83 Td (Benefit Plans) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 481.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.85 481.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 468.17 Td (Actuarial loss) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.65 468.17 Td (846) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 468.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 546.65 468.17 Td (42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.17 Td (Prior service credit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 454.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.80 454.22 Td (\(2,057) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.65 454.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 454.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.80 454.22 Td (\(1,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 556.65 454.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 426.10 Td (Investment Policies and Strategies) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.10 Td (The investment policies and strategies for the assets of our qualified Pension Plan incorporate a well-diversified approach that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.10 Td (is expected to earn long-term returns from capital appreciation and a growing stream of current income. ) Tj ET Q q 0 0 0 rg BT 466.66 402.10 Td (This approach ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.10 Td (recognizes that assets are exposed to risk, and the market value of the Pension Plan) Tj ET Q q 0 0 0 rg BT 384.68 390.10 Td (s assets may fluctuate from year to year) Tj ET Q q 0 0 0 rg BT 542.68 390.10 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.10 Td (Risk tolerance is determined based on our financial ability to withstand risk within the investment program and the willingness ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 366.10 Td (to accept return volatility) Tj ET Q q 0 0 0 rg BT 149.65 366.10 Td (. In line with the investment return objective and risk parameters, the Pension Plan) Tj ET Q q 0 0 0 rg BT 482.62 366.10 Td (s mix of assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 354.10 Td (includes a diversified portfolio of equity and fixed-income instruments. ) Tj ET Q q 0 0 0 rg BT 337.58 354.10 Td (The aggregate asset allocation is reviewed on an annual ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 342.10 Td (basis. ) Tj ET Q q 0 0 0 rg BT 73.95 342.10 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.39 342.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 176.98 342.10 Td (, the tar) Tj ET Q q 0 0 0 rg BT 207.06 342.10 Td (get allocations for plan assets are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.01 342.10 Td (65%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 360.34 342.10 Td ( equity securities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.54 342.10 Td (35%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.87 342.10 Td ( fixed income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 330.10 Td (investments, with certain fluctuations permitted.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.10 Td (The overall expected long-term rate of return on plan assets for the Pension Plan is estimated using various models of asset ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (returns. Model assumptions are derived using historical data with the assumption that capital markets are informationally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 282.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 282.10 Td (ficient. ) Tj ET Q q 0 0 0 rg BT 87.45 282.10 Td (Three models are used to derive the long-term expected returns for each asset class. Since each method has distinct ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.10 Td (advantages and disadvantages and dif) Tj ET Q q 0 0 0 rg BT 199.82 270.10 Td (fering results, an equal weighted average of the methods) Tj ET Q q 0 0 0 rg BT 428.16 270.10 Td ( results is used.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 246.10 Td (Fair V) Tj ET Q q 0 0 0 rg BT 75.90 246.10 Td (alue of Plan ) Tj ET Q q 0 0 0 rg BT 128.59 246.10 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 234.10 Td (e disclose the fair value for each major class of plan assets in the Pension Plan into three levels: Level 1, defined as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.10 Td (observable inputs such as quoted prices for identical assets or liabilities in active markets; Level 2, defined as inputs other than ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.10 Td (quoted prices in active markets that are either directly or indirectly observable, such as quoted prices for similar assets or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.10 Td (liabilities in active markets or quoted prices for identical assets or liabilities in markets that are not active; and Level 3, defined ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.10 Td (as unobservable inputs for which little or no market data exists.) Tj ET Q endstream endobj 229 0 obj <> endobj 230 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The major classes of plan assets measured at fair value for the Pension Plan were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 678.60 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 678.60 69.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 678.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 678.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 678.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 678.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 678.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 678.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 650.60 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 650.60 69.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 650.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 650.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 650.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 650.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 650.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 650.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 622.60 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 622.60 69.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 622.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 622.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 622.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 622.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 622.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 622.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 594.60 219.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 594.60 69.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 594.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 594.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 594.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 594.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 594.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 594.60 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 705.6 m 338.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 705.6 m 342.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 705.6 m 412.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 705.6 m 416.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 705.6 m 486.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 705.6 m 490.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 705.6 m 560.5 705.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 692.6 m 338.5 692.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 692.6 m 412.5 692.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 692.6 m 486.5 692.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 692.6 m 560.5 692.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 594.6 m 338.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 594.6 m 412.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 594.6 m 486.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 594.6 m 560.5 594.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 581.6 m 338.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 579.6 m 338.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 581.6 m 412.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 579.6 m 412.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 581.6 m 486.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 579.6 m 486.5 579.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 581.6 m 560.5 581.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 579.6 m 560.5 579.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 709.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.25 709.83 Td (December) Tj ET Q q 0 0 0 rg BT 416.82 709.83 Td ( 31, 2018) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 696.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.15 696.83 Td (Level1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.65 696.83 Td (Level2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.65 696.83 Td (Level3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.25 696.83 Td (T) Tj ET Q q 0 0 0 rg BT 520.85 696.83 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 682.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.35 682.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 669.17 Td (Cash equivalent securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 669.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 669.17 Td (608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 669.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 669.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 669.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 669.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 669.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 669.17 Td (608) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 655.17 Td (Equity securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 641.17 Td (U.S. lar) Tj ET Q q 0 0 0 rg BT 89.74 641.17 Td (ge cap equity fund \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 641.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 641.17 Td (70,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 641.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 641.17 Td (70,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 627.17 Td (International stock index fund \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 627.17 Td (13,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 627.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 627.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 627.17 Td (13,391) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 613.17 Td (Fixed income securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 599.17 Td (Bond market index fund \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 599.17 Td (42,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 599.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 599.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 599.17 Td (42,425) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 585.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 585.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 585.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 585.17 Td (56,424) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 585.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 585.17 Td (70,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 585.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 585.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 585.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 585.17 Td (126,949) Tj ET Q BT /F1 10.00 Tf ET 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 513.60 219.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 513.60 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 513.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 513.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 513.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 513.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 483.60 219.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 483.60 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 483.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 483.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 483.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 483.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 453.60 219.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 453.60 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 453.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 453.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 453.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 453.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 423.60 219.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 269.50 423.60 69.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 338.50 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 342.50 423.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 412.50 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 423.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 423.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 423.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 543.6 m 338.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 338.5 543.6 m 342.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 543.6 m 412.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 412.5 543.6 m 416.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 543.6 m 486.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 486.5 543.6 m 490.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 543.6 m 560.5 543.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 528.6 m 338.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 528.6 m 412.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 528.6 m 486.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 528.6 m 560.5 528.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 423.6 m 338.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 423.6 m 412.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 423.6 m 486.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 423.6 m 560.5 423.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 409.6 m 338.5 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 269.5 407.6 m 338.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 409.6 m 412.5 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 342.5 407.6 m 412.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 409.6 m 486.5 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 407.6 m 486.5 407.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 409.6 m 560.5 409.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 407.6 m 560.5 407.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 547.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.25 547.83 Td (December) Tj ET Q q 0 0 0 rg BT 416.82 547.83 Td ( 31, 2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 532.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 291.15 532.83 Td (Level1) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 364.65 532.83 Td (Level2) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 438.65 532.83 Td (Level3) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 516.25 532.83 Td (T) Tj ET Q q 0 0 0 rg BT 520.85 532.83 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 377.35 517.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 504.17 Td (Cash equivalent securities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 503.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 503.27 Td (381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 503.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 503.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 503.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 503.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 503.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 503.27 Td (381) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 489.17 Td (Equity securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 474.17 Td (U.S. lar) Tj ET Q q 0 0 0 rg BT 89.74 474.17 Td (ge cap equity fund \(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 473.27 Td (75,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 473.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 473.27 Td (75,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 459.17 Td (International stock index fund \(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 458.27 Td (14,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 458.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 458.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 458.27 Td (14,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 444.17 Td (Fixed income securities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 429.17 Td (Bond market index fund \(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 428.27 Td (39,664) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 398.65 428.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 428.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.15 428.27 Td (39,664) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 414.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 414.17 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.00 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 413.27 Td (54,525) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.00 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 381.15 413.27 Td (75,353) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.65 413.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 413.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 524.15 413.27 Td (129,878) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 395.30 Td (\(a\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 395.30 Td (This fund is a low-cost equity index fund not actively managed that tracks the S&P) Tj ET Q q 0 0 0 rg BT 384.60 395.30 Td ( 500. Fair values were estimated using pricing ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 384.50 Td (models, quoted prices of securities with similar characteristics or discounted cash flows.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 373.70 Td (\(b\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 373.70 Td (This fund tracks the performance of the ) Tj ET Q q 0 0 0 rg BT 230.03 373.70 Td (T) Tj ET Q q 0 0 0 rg BT 234.90 373.70 Td (otal International Composite Index.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 67.50 362.90 Td (\(c\) ) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 85.50 362.90 Td (This fund tracks the performance of the Barclays Capital U.S. ) Tj ET Q q 0 0 0 rg BT 309.93 362.90 Td (Aggregate Bond Index.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 338.90 Td (Contributions to the Pension Plans) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 326.90 Td (For the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.69 326.90 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 205.28 326.90 Td (, we contributed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 272.48 326.90 Td ($1) Tj ET Q q 0 0 0 rg BT 282.11 326.90 Td (1.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.00 326.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.44 326.90 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.33 326.90 Td ( to the Pension Plans and other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 314.90 Td (postretirement benefit plans, respectively) Tj ET Q q 0 0 0 rg BT 213.79 314.90 Td (. During ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.62 314.90 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.62 314.90 Td (, we expect to contribute approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.96 314.90 Td ($1) Tj ET Q q 0 0 0 rg BT 440.58 314.90 Td (1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.48 314.90 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 503.91 314.90 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 552.81 314.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 302.90 Td (to the Pension Plans and other postretirement benefit plans, respectively) Tj ET Q q 0 0 0 rg BT 337.11 302.90 Td (, which principally represent contributions either ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 290.90 Td (required by regulations or laws, or with respect to unfunded plans, necessary to fund current benefits. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 266.90 Td (Estimated Future Benefit Payments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 254.90 Td (The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid for the years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 242.90 Td (ending December31:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 188.40 366.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 188.40 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 188.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 188.40 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 160.40 366.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 160.40 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 160.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 160.40 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 132.40 366.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 416.50 132.40 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 486.50 132.40 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 490.50 132.40 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 416.5 202.39999999999998 m 486.5 202.39999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 490.5 202.39999999999998 m 560.5 202.39999999999998 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 427.30 206.63 Td (PensionPlans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 514.85 223.63 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 499.60 215.63 Td (Postr) Tj ET Q q 0 0 0 rg BT 517.67 215.63 Td (etir) Tj ET Q q 0 0 0 rg BT 529.51 215.63 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 502.40 206.63 Td (Benefit Plans) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 192.65 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 450.85 192.65 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 178.97 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 178.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.15 178.97 Td (9,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 178.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 178.97 Td (362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 164.97 Td (2020) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 164.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 164.97 Td (10,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 164.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 164.97 Td (390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 150.97 Td (2021) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 150.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 150.97 Td (1) Tj ET Q q 0 0 0 rg BT 460.15 150.97 Td (1,072) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 150.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 150.97 Td (423) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 136.97 Td (2022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 136.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 136.97 Td (1) Tj ET Q q 0 0 0 rg BT 460.15 136.97 Td (1,593) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 136.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 136.97 Td (475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 122.97 Td (2023) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 122.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 122.97 Td (12,274) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 122.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.65 122.97 Td (503) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 108.97 Td (Y) Tj ET Q q 0 0 0 rg BT 59.22 108.97 Td (ears 2024-2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.00 108.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 108.97 Td (68,198) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.00 108.97 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 108.97 Td (3,200) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 231 0 obj <> endobj 232 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (15) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 731.25 Td (Assumptions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.25 Td (The weighted-average assumptions used to determine the benefit obligations were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 645.75 258.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 645.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 645.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 645.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 645.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 645.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 645.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 645.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 674.75 m 368.5 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 674.75 m 372.5 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 674.75 m 432.5 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 674.75 m 496.5 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 674.75 m 500.5 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 674.75 m 560.5 674.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 660.75 m 368.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 368.5 660.75 m 372.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 660.75 m 432.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 660.75 m 496.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 660.75 m 500.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 660.75 m 560.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 660.75 m 368.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 645.75 m 368.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 660.75 m 432.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 645.75 m 432.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 660.75 m 496.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 645.75 m 496.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 660.75 m 560.5 660.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 645.75 m 560.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 645.75 m 368.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 645.75 m 432.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 645.75 m 496.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 645.75 m 560.5 645.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 679.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.30 678.98 Td (PensionPlans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 487.85 694.98 Td (Other) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 472.60 686.98 Td (Postr) Tj ET Q q 0 0 0 rg BT 490.67 686.98 Td (etir) Tj ET Q q 0 0 0 rg BT 502.51 686.98 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 475.40 678.98 Td (Benefit Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.75 664.98 Td (December) Tj ET Q q 0 0 0 rg BT 381.32 664.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.75 664.98 Td (December) Tj ET Q q 0 0 0 rg BT 509.32 664.98 Td ( 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 650.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.00 649.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 394.00 649.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.00 649.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 649.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 636.32 Td (Discount rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 635.42 Td (4.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 635.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 635.42 Td (3.72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 635.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 635.42 Td (4.53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 635.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 635.42 Td (3.82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 635.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 621.32 Td (Rate of compensation increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 620.42 Td (3.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 620.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 620.42 Td (3.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 620.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.75 620.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.75 620.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 592.25 Td (The weighted-average assumptions used to determine the net periodic benefit cost \(income\) were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 528.75 131.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 181.50 528.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 528.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 528.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 528.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 528.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 528.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 528.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.75 131.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 181.50 488.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 241.50 488.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 245.50 488.75 59.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 304.50 488.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 308.50 488.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 368.50 488.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 372.50 488.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 432.50 488.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 488.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 488.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 488.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 181.5 557.75 m 241.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 557.75 m 245.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 557.75 m 304.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 557.75 m 308.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 557.75 m 368.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 557.75 m 432.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 557.75 m 436.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 557.75 m 496.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 557.75 m 500.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 557.75 m 560.5 557.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 181.5 543.75 m 241.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 241.5 543.75 m 245.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 543.75 m 304.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 304.5 543.75 m 308.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 543.75 m 368.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 543.75 m 432.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 543.75 m 436.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 543.75 m 496.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 543.75 m 500.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 543.75 m 560.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 181.5 543.75 m 241.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 181.5 528.75 m 241.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 543.75 m 304.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 528.75 m 304.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 543.75 m 368.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 528.75 m 368.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 543.75 m 432.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 528.75 m 432.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 432.5 543.75 m 436.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 543.75 m 496.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 528.75 m 496.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 543.75 m 500.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 543.75 m 560.5 543.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 528.75 m 560.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 181.5 528.75 m 241.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 245.5 528.75 m 304.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 308.5 528.75 m 368.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 372.5 528.75 m 432.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 528.75 m 496.5 528.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 528.75 m 560.5 528.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 562.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 250.80 561.98 Td (Pension Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 429.45 569.98 Td (Other) Tj ET Q q 0 0 0 rg BT 449.74 569.98 Td (Postr) Tj ET Q q 0 0 0 rg BT 469.81 569.98 Td (etir) Tj ET Q q 0 0 0 rg BT 481.66 569.98 Td (ement) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 443.40 561.98 Td (Benefit Plans) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 230.20 547.98 Td (Y) Tj ET Q q 0 0 0 rg BT 235.53 547.98 Td (ear) Tj ET Q q 0 0 0 rg BT 246.12 547.98 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 306.85 547.98 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 421.70 547.98 Td (Y) Tj ET Q q 0 0 0 rg BT 427.03 547.98 Td (ear) Tj ET Q q 0 0 0 rg BT 437.62 547.98 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 498.35 547.98 Td ( 31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 533.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 203.00 532.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 266.50 532.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 330.00 532.98 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 394.00 532.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.00 532.98 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 532.98 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 519.32 Td (Discount rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 518.42 Td (3.72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.65 518.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 518.42 Td (4.33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.65 518.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 518.42 Td (4.61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 518.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.15 518.42 Td (3.82) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 423.65 518.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 518.42 Td (4.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 518.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 518.42 Td (4.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 518.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 504.32 Td (Expected long-term rate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 494.32 Td (return on plan assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 493.42 Td (6.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.65 493.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 493.42 Td (6.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.65 493.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 493.42 Td (6.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 493.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 493.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.75 493.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.75 493.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 479.32 Td (Rate of compensation increase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 215.15 478.42 Td (3.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.65 478.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.15 478.42 Td (3.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.65 478.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 478.42 Td (3.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 359.65 478.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 416.75 478.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 480.75 478.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 544.75 478.42 Td (n/a) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 450.25 Td (The assumed health care cost trend rates were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 409.75 386.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 409.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 409.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 409.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 379.75 386.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 436.50 379.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 496.50 379.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 500.50 379.75 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 424.75 m 496.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 496.5 424.75 m 500.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 424.75 m 560.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 424.75 m 496.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 409.75 m 496.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 424.75 m 560.5 424.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 409.75 m 560.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 436.5 409.75 m 496.5 409.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 500.5 409.75 m 560.5 409.75 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 429.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 474.75 428.98 Td (December) Tj ET Q q 0 0 0 rg BT 509.32 428.98 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 414.00 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 458.00 413.98 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 522.00 413.98 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 400.32 Td (Health care cost trend rate assumed for next year) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 399.42 Td (6.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 399.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 399.42 Td (6.84) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 399.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 385.32 Td (Rate to which the cost trend rate was assumed to decrease \(the ultimate trend rate\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.15 384.42 Td (5.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 487.65 384.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 534.15 384.42 Td (5.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 551.65 384.42 Td (%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 370.32 Td (Y) Tj ET Q q 0 0 0 rg BT 59.22 370.32 Td (ear that the rate reaches the ultimate trend rate) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.00 369.42 Td (2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.00 369.42 Td (2028) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 341.25 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 341.25 Td (e sponsor a contributory postretirement health care plan for employees who retired prior to ) Tj ET Q q 0 0 0 rg BT 423.02 341.25 Td (April 1, 2014. ) Tj ET Q q 0 0 0 rg BT 481.45 341.25 Td (The plan has an ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 329.25 Td (annual limitation \(a cap\) on the increase of the employer) Tj ET Q q 0 0 0 rg BT 276.17 329.25 Td () Tj ET Q q 0 0 0 rg BT 278.95 329.25 Td (s share of the cost of covered benefits. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.54 329.25 Td (The cap on the increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 317.25 Td (employer) Tj ET Q q 0 0 0 rg BT 87.63 317.25 Td () Tj ET Q q 0 0 0 rg BT 90.41 317.25 Td (s cost is 2.5%per year) Tj ET Q q 0 0 0 rg BT 179.84 317.25 Td (. ) Tj ET Q q 0 0 0 rg BT 184.66 317.25 Td (The assumed increase in total health care cost exceeds the 2.5% indexed cap, so increasing or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 305.25 Td (decreasing the health care cost trend rate by 1% does not materially change our obligation or expense for the postretirement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 293.25 Td (health care plan.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 115.30 293.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 269.25 Td (24) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.50 269.25 Td (. UNIT) Tj ET Q q 0 0 0 rg BT 88.59 269.25 Td (-BASED COMPENSA) Tj ET Q q 0 0 0 rg BT 184.24 269.25 Td (TION) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 245.25 Td (Overview) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 233.25 Td (2000 L) Tj ET Q q 0 0 0 rg BT 77.36 233.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 91.07 233.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 93.57 233.25 Td ( ) Tj ET Q q 0 0 0 rg BT 95.89 233.25 Td (W) Tj ET Q q 0 0 0 rg BT 104.53 233.25 Td (e sponsor the 2000 L) Tj ET Q q 0 0 0 rg BT 187.49 233.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 201.38 233.25 Td (, which provides for the right to issue and award up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.94 233.25 Td (3,250,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.94 233.25 Td ( of our common units to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 221.25 Td (employees and non-employee directors \(NEDs\). ) Tj ET Q q 0 0 0 rg BT 244.44 221.25 Td (A) Tj ET Q q 0 0 0 rg BT 250.75 221.25 Td (wards available under the 2000 L) Tj ET Q q 0 0 0 rg BT 383.39 221.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 398.02 221.25 Td ( include restricted units, performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 209.25 Td (units, unit options, unit awards and distribution equivalent rights \(DERs\). DERs entitle the participant to receive cash equal to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 197.25 Td (cash distributions made on any award prior to its vesting. ) Tj ET Q q 0 0 0 rg BT 280.30 197.25 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 304.74 197.25 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.32 197.25 Td (, a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.37 197.25 Td (655,848) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.87 197.25 Td ( common units remained ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 185.25 Td (available to be awarded under the 2000 L) Tj ET Q q 0 0 0 rg BT 214.35 185.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 228.24 185.25 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.25 Td (Prior to the Employee ) Tj ET Q q 0 0 0 rg BT 139.86 161.25 Td (T) Tj ET Q q 0 0 0 rg BT 145.61 161.25 Td (ransfer) Tj ET Q q 0 0 0 rg BT 172.97 161.25 Td (, NuStar GP) Tj ET Q q 0 0 0 rg BT 220.48 161.25 Td (, LLC sponsored the 2000 L) Tj ET Q q 0 0 0 rg BT 332.32 161.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 346.21 161.25 Td (, and we reimbursed NuStar GP) Tj ET Q q 0 0 0 rg BT 472.30 161.25 Td (, LLC for awards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.25 Td (under this plan. Most of our currently outstanding awards are classified as equity awards as we intend to settle these awards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.25 Td (through the issuance of our common units. Ef) Tj ET Q q 0 0 0 rg BT 232.06 137.25 Td (fective March 1, 2016, we assumed sponsorship of the 2000 L) Tj ET Q q 0 0 0 rg BT 479.98 137.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 494.61 137.25 Td ( and assumed all ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.25 Td (outstanding awards under the 2000 L) Tj ET Q q 0 0 0 rg BT 197.16 125.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 211.05 125.25 Td (. ) Tj ET Q q 0 0 0 rg BT 215.87 125.25 Td (The transfer of the outstanding awards qualified as a plan modification. ) Tj ET Q q 0 0 0 rg BT 503.93 125.25 Td (Therefore, we ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 113.25 Td (measured the fair value of the outstanding awards based on the common unit price on the transfer date. Please refer to Note ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 545.16 113.25 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 550.16 113.25 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 101.25 Td (for a discussion of our related party agreements.) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 77.25 Td (2006 L) Tj ET Q q 0 0 0 rg BT 77.36 77.25 Td (TIP) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 92.36 77.25 Td (. Ef) Tj ET Q q 0 0 0 rg BT 106.62 77.25 Td (fective July 20, 2018 and in conjunction with the Mer) Tj ET Q q 0 0 0 rg BT 321.39 77.25 Td (ger) Tj ET Q q 0 0 0 rg BT 333.76 77.25 Td (, we assumed the 2006 Long-T) Tj ET Q q 0 0 0 rg BT 456.93 77.25 Td (erm Incentive Plan \(the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 65.25 Td (2006 L) Tj ET Q q 0 0 0 rg BT 77.19 65.25 Td (TIP\). Prior to the Mer) Tj ET Q q 0 0 0 rg BT 164.50 65.25 Td (ger) Tj ET Q q 0 0 0 rg BT 176.86 65.25 Td (, NuStar GP) Tj ET Q q 0 0 0 rg BT 225.11 65.25 Td ( Holdings sponsored the 2006 L) Tj ET Q q 0 0 0 rg BT 352.23 65.25 Td (TIP) Tj ET Q q 0 0 0 rg BT 366.13 65.25 Td (, pursuant to which it could award up to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 53.25 Td (2,000,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 89.50 53.25 Td ( NSH units to its employees and NEDs. ) Tj ET Q q 0 0 0 rg BT 249.77 53.25 Td (At the ef) Tj ET Q q 0 0 0 rg BT 284.58 53.25 Td (fective time of the Mer) Tj ET Q q 0 0 0 rg BT 376.58 53.25 Td (ger) Tj ET Q q 0 0 0 rg BT 388.95 53.25 Td (, each outstanding award of NuStar GP) Tj ET Q q 0 0 0 rg BT 544.93 53.25 Td ( ) Tj ET Q endstream endobj 233 0 obj <> endobj 234 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (Holdings restricted units was converted, on the same terms and conditions as were applicable to the awards immediately prior ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (to the Mer) Tj ET Q q 0 0 0 rg BT 90.97 719.10 Td (ger) Tj ET Q q 0 0 0 rg BT 103.34 719.10 Td (, into an award of NuStar Ener) Tj ET Q q 0 0 0 rg BT 225.62 719.10 Td (gy restricted units. ) Tj ET Q q 0 0 0 rg BT 302.09 719.10 Td (The number of NuStar Ener) Tj ET Q q 0 0 0 rg BT 413.54 719.10 Td (gy restricted units subject to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (converted awards was determined pursuant to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.71 707.10 Td (0.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 267.21 707.10 Td ( exchange ratio provided in the Mer) Tj ET Q q 0 0 0 rg BT 410.31 707.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 425.03 707.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 474.27 707.10 Td (The NSH units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td (remaining available to be awarded under the 2006 L) Tj ET Q q 0 0 0 rg BT 257.39 695.10 Td (TIP) Tj ET Q q 0 0 0 rg BT 272.02 695.10 Td ( were also converted pursuant to the exchange ratio provided in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (Mer) Tj ET Q q 0 0 0 rg BT 65.98 683.10 Td (ger ) Tj ET Q q 0 0 0 rg BT 80.70 683.10 Td (Agreement. ) Tj ET Q q 0 0 0 rg BT 129.57 683.10 Td (A) Tj ET Q q 0 0 0 rg BT 135.87 683.10 Td (wards available under the 2006 L) Tj ET Q q 0 0 0 rg BT 268.52 683.10 Td (TIP) Tj ET Q q 0 0 0 rg BT 283.15 683.10 Td ( include restricted units, performance units, unit options, unit awards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (and DERs. ) Tj ET Q q 0 0 0 rg BT 94.78 671.10 Td (As of December 31, 2018, a total of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 240.85 671.10 Td (219,632) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.35 671.10 Td ( NS units remained available to be awarded under the 2006 L) Tj ET Q q 0 0 0 rg BT 517.63 671.10 Td (TIP) Tj ET Q q 0 0 0 rg BT 531.52 671.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (The following table summarizes information pertaining to both long-term incentive plans:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 587.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 587.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.00 587.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 587.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 587.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 587.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 587.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.00 587.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 557.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 557.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.00 557.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 557.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 557.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 557.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 557.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.00 557.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 527.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 527.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.00 527.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 527.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 527.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 527.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 527.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.00 527.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 49.00 497.60 205.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 254.00 497.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 303.00 497.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 307.00 497.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 497.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 497.60 49.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 409.00 497.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 413.00 497.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 460.00 497.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 464.00 497.60 47.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 511.00 497.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 515.00 497.60 47.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 613.6 m 303 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 303 613.6 m 307 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 613.6 m 356 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 356 613.6 m 360 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 613.6 m 409 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 613.6 m 460 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 460 613.6 m 464 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 613.6 m 511 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 511 613.6 m 515 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 613.6 m 562 613.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 600.6 m 303 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 600.6 m 356 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 600.6 m 409 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 600.6 m 460 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 600.6 m 511 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 600.6 m 562 600.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 497.6 m 303 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 497.6 m 303 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 483.6 m 303 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 254 481.6 m 303 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 497.6 m 356 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 483.6 m 356 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 307 481.6 m 356 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 497.6 m 409 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 483.6 m 409 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 481.6 m 409 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 497.6 m 413 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 483.6 m 413 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 409 481.6 m 413 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 497.6 m 460 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 483.6 m 460 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 413 481.6 m 460 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 497.6 m 511 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 483.6 m 511 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 464 481.6 m 511 481.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 497.6 m 562 497.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 483.6 m 562 483.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 515 481.6 m 562 481.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 299.50 625.83 Td (Units Outstanding) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 307.75 617.83 Td (December) Tj ET Q q 0 0 0 rg BT 342.25 617.83 Td ( 31,) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 447.10 625.83 Td (Compensation Expense) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 442.70 617.83 Td (Y) Tj ET Q q 0 0 0 rg BT 447.59 617.83 Td (ear) Tj ET Q q 0 0 0 rg BT 458.55 617.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 519.28 617.83 Td ( 31, ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 270.00 604.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 323.00 604.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.00 604.83 Td (2016) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 428.00 604.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 479.00 604.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 530.00 604.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 449.85 591.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 579.00 Td (Restricted Units:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 563.17 Td (Domestic employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.10 562.27 Td (1,028,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.60 562.27 Td (736,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.60 562.27 Td (647,340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.50 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 562.27 Td (8,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.50 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 562.27 Td (7,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 562.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 562.27 Td (5,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 548.17 Td (Non-employee directors \(NEDs\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 547.27 Td (59,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 547.27 Td (27,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 547.27 Td (18,134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.15 547.27 Td (524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 547.27 Td (251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 547.27 Td (388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 60.50 533.17 Td (International employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 271.65 532.27 Td (30,918) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 532.27 Td (58,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 532.27 Td (50,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 532.27 Td (1,158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 492.15 532.27 Td (595) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 532.27 Td (715) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 519.00 Td (Performance Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.60 517.27 Td (158,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 517.27 Td (80,961) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.65 517.27 Td (77,014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 517.27 Td (1,889) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 517.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 517.27 Td (1,21) Tj ET Q q 0 0 0 rg BT 553.15 517.27 Td (1) Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 51.50 504.00 Td (Unit ) Tj ET Q q 0 0 0 rg BT 70.26 504.00 Td (A) Tj ET Q q 0 0 0 rg BT 76.09 504.00 Td (wards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.15 502.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 502.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 502.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.65 502.27 Td (1,358) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.15 502.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 502.27 Td () Tj ET Q BT /F2 9.00 Tf ET q 0 0 0 rg BT 69.50 489.00 Td (T) Tj ET Q q 0 0 0 rg BT 74.68 489.00 Td (otal) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.10 487.27 Td (1,277,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.60 487.27 Td (902,91) Tj ET Q q 0 0 0 rg BT 347.10 487.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.60 487.27 Td (793,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 415.50 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 428.60 487.27 Td (13,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 466.50 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 487.27 Td (8,727) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 517.50 487.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 487.27 Td (8,294) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 459.10 Td (Restricted Units ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 447.10 Td (Our restricted unit awards are considered phantom units, as they represent the right to receive our common units upon vesting. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 435.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 435.10 Td (e account for restricted units as either equity-classified awards or liability-classified awards, depending on expected method ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 423.10 Td (of settlement. ) Tj ET Q q 0 0 0 rg BT 105.88 423.10 Td (A) Tj ET Q q 0 0 0 rg BT 112.18 423.10 Td (wards we settle with the issuance of common units upon vesting are equity-classified. ) Tj ET Q q 0 0 0 rg BT 457.10 423.10 Td (A) Tj ET Q q 0 0 0 rg BT 463.41 423.10 Td (wards we settle in cash ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 411.10 Td (upon vesting are liability-classified. ) Tj ET Q q 0 0 0 rg BT 195.12 411.10 Td (W) Tj ET Q q 0 0 0 rg BT 203.75 411.10 Td (e record compensation expense ratably over the vesting period based on the fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 399.10 Td (the common units at the grant date \(for domestic employees\) or the fair value of the common units measured at each reporting ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 387.10 Td (period \(for NEDs and international employees\). DERs paid with respect to outstanding equity-classified unvested restricted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 375.10 Td (units reduce equity) Tj ET Q q 0 0 0 rg BT 124.94 375.10 Td (, similar to cash distributions to unitholders, whereas DERs paid with respect to outstanding liability-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 363.10 Td (classified unvested restricted units are expensed. In connection with the DERs for equity awards, we paid ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.82 363.10 Td ($2.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.71 363.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.15 363.10 Td ($3.0 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 351.10 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 351.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 131.05 351.10 Td (, in cash, for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.95 351.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 326.54 351.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.97 351.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.97 351.10 Td (. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 327.10 Td (Domestic Employees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 138.08 327.10 Td (The outstanding restricted units granted to domestic employees are equity-classified awards and generally ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 315.10 Td (vest over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 88.38 315.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.92 315.10 Td ( years, beginning one year after the grant date. ) Tj ET Q q 0 0 0 rg BT 291.72 315.10 Td (The fair value of these awards is measured at the grant date \(or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 303.10 Td (transfer date for issuances prior to the Employee ) Tj ET Q q 0 0 0 rg BT 245.92 303.10 Td (T) Tj ET Q q 0 0 0 rg BT 251.67 303.10 Td (ransfer\).) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 279.10 Td (Non-Employee Dir) Tj ET Q q 0 0 0 rg BT 124.94 279.10 Td (ectors. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 154.38 279.10 Td (The outstanding restricted units granted to NEDs are equity-classified awards that vest over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 523.44 279.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.43 279.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 267.10 Td (years. ) Tj ET Q q 0 0 0 rg BT 75.42 267.10 Td (The fair value of these awards is equal to the market price of our common units at each reporting period. ) Tj ET Q BT /F4 10.00 Tf ET q 0 0 0 rg BT 49.50 243.10 Td (International Employees. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.09 243.10 Td (The outstanding restricted units granted to international employees are cash-settled and accounted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 231.10 Td (as liability-classified awards. ) Tj ET Q q 0 0 0 rg BT 168.17 231.10 Td (These awards vest over ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 264.25 231.10 Td (three) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 284.23 231.10 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.01 231.10 Td (five) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.56 231.10 Td ( years and the fair value is equal to the market price of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 219.10 Td (common units at each reporting period. ) Tj ET Q endstream endobj 235 0 obj <> endobj 236 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 731.10 Td ( summary of our restricted unit activity is as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 662.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 662.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 662.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 662.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 662.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 662.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 662.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 662.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 632.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 632.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 632.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 632.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 632.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 632.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 632.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 632.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 602.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 602.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 602.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 602.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 602.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 602.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 602.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 602.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 572.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 572.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 572.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 572.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 572.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 572.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 542.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 542.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 542.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 542.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 542.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 542.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 542.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 542.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 512.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 512.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 512.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 512.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 512.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 512.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 482.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 482.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 482.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 482.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 482.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 482.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 452.60 259.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 309.00 452.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 369.00 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 373.00 452.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 433.00 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 437.00 452.60 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 497.00 452.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 501.00 452.60 60.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 708.6 m 369 708.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 369 708.6 m 373 708.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 708.6 m 433 708.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 662.6 m 369 662.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 662.6 m 433 662.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 662.6 m 497 662.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 662.6 m 561 662.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 587.6 m 369 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 572.6 m 369 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 587.6 m 433 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 572.6 m 433 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 587.6 m 497 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 572.6 m 497 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 587.6 m 561 587.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 572.6 m 561 572.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 527.6 m 369 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 512.6 m 369 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 527.6 m 433 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 512.6 m 433 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 527.6 m 497 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 512.6 m 497 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 527.6 m 561 527.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 512.6 m 561 512.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 452.6 m 369 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 438.6 m 369 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 309 436.6 m 369 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 452.6 m 433 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 438.6 m 433 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 373 436.6 m 433 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 452.6 m 497 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 438.6 m 497 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 437 436.6 m 497 436.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 452.6 m 561 452.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 438.6 m 561 438.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 501 436.6 m 561 436.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 335.25 712.68 Td (Domestic Employees) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.00 682.83 Td (Number) Tj ET Q q 0 0 0 rg BT 348.30 682.83 Td ( of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 320.95 674.83 Td (Restricted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 329.35 666.83 Td (Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.90 698.83 Td (W) Tj ET Q q 0 0 0 rg BT 392.46 698.83 Td (eighted-) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.55 690.83 Td (A) Tj ET Q q 0 0 0 rg BT 393.73 690.83 Td (verage) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 382.70 682.83 Td (Grant-Date) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 384.65 674.83 Td (Fair) Tj ET Q q 0 0 0 rg BT 399.17 674.83 Td ( ) Tj ET Q q 0 0 0 rg BT 401.02 674.83 Td (V) Tj ET Q q 0 0 0 rg BT 406.06 674.83 Td (alue) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 388.00 666.83 Td (Per) Tj ET Q q 0 0 0 rg BT 399.84 666.83 Td ( Unit) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.00 690.83 Td (Number) Tj ET Q q 0 0 0 rg BT 476.30 690.83 Td ( of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 448.95 682.83 Td (Restricted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.05 674.83 Td (Units to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 456.45 666.83 Td (NEDs) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.00 698.83 Td (Number) Tj ET Q q 0 0 0 rg BT 540.30 698.83 Td ( of ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.95 690.83 Td (Restricted ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 517.05 682.83 Td (Units to ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 507.80 674.83 Td (International ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 666.83 Td (Employees) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 653.17 Td (Nonvested units as of January 1, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.15 652.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 652.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 652.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 652.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.15 652.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 638.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.43 638.17 Td (ransferred on March 1, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 637.27 Td (586,524) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 637.27 Td (35.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 637.27 Td (17,629) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 637.27 Td (49,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 623.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 622.27 Td (246,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 622.27 Td (47.70) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 470.65 622.27 Td (8,730) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 622.27 Td (20,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 608.17 Td (V) Tj ET Q q 0 0 0 rg BT 65.17 608.17 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 607.32 Td (\(180,724) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 607.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 607.27 Td (35.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 607.32 Td (\(8,225) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 607.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.30 607.32 Td (\(14,812) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 607.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 593.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.30 592.32 Td (\(4,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 592.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 592.27 Td (35.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 592.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.30 592.32 Td (\(3,807) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 592.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 578.17 Td (Nonvested units as of December 31, 2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 577.27 Td (647,340) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 577.27 Td (39.72) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 577.27 Td (18,134) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 577.27 Td (50,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 563.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 562.27 Td (307,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 562.27 Td (29.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 562.27 Td (17,1) Tj ET Q q 0 0 0 rg BT 483.15 562.27 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 562.27 Td (24,533) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 548.17 Td (V) Tj ET Q q 0 0 0 rg BT 65.17 548.17 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 547.32 Td (\(201,466) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 547.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 547.27 Td (38.74) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.30 547.32 Td (\(8,147) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 547.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.30 547.32 Td (\(16,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 547.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 533.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 532.32 Td (\(16,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 532.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 532.27 Td (40.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 532.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 538.80 532.32 Td (\(595) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 532.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 518.17 Td (Nonvested units as of December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 517.27 Td (736,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 517.27 Td (35.95) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 517.27 Td (27,097) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 517.27 Td (58,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 503.17 Td (Converted on July 20, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.65 502.27 Td (53,447) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 502.27 Td (24.99) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 502.27 Td (18,915) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 547.15 502.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 488.17 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 332.65 487.27 Td (518,282) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 487.27 Td (24.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 487.27 Td (34,303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 487.27 Td (16,197) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 473.17 Td (V) Tj ET Q q 0 0 0 rg BT 65.17 473.17 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.30 472.32 Td (\(235,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 472.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 472.27 Td (35.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.30 472.32 Td (\(20,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 493.15 472.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.30 472.32 Td (\(41,406) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 472.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 458.17 Td (Forfeited) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 334.30 457.32 Td (\(44,245) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 365.15 457.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 457.27 Td (36.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 483.15 457.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.30 457.32 Td (\(1,980) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 557.15 457.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 443.17 Td (Nonvested units as of December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.10 442.27 Td (1,028,484) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 375.50 442.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 406.65 442.27 Td (29.47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.65 442.27 Td (59,752) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.65 442.27 Td (30,918) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 414.10 Td (The total fair value of our equity-classified restricted unit awards vested for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.08 414.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 497.66 414.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 502.66 414.10 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.66 414.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 542.10 414.10 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 562.10 414.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 402.10 Td (was) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.55 402.10 Td ($7.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.44 402.10 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.44 402.10 Td ($6.5 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.33 402.10 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 189.77 402.10 Td ($9.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 238.67 402.10 Td (, respectively) Tj ET Q q 0 0 0 rg BT 291.33 402.10 Td (. ) Tj ET Q q 0 0 0 rg BT 296.15 402.10 Td (W) Tj ET Q q 0 0 0 rg BT 304.78 402.10 Td (e issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 339.22 402.10 Td (189,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.72 402.10 Td ( common units in connection with these award ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 390.10 Td (vestings, net of employee tax withholding requirements, for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.91 390.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.50 390.10 Td (. Unrecognized compensation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 378.10 Td (cost related to our equity-classified employee awards totaled) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.41 378.10 Td ($29.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.30 378.10 Td (as of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 372.46 378.10 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.05 378.10 Td (, which we expect to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 366.10 Td (recognize over a weighted-average period of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 230.52 366.10 Td (3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.02 366.10 Td ( years. ) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 342.10 Td (Performance Units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 330.10 Td (Performance units are issued to certain of our key employees and represent rights to receive our common units upon achieving ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 318.10 Td (a performance measure for the performance period. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 257.54 318.10 Td (The performance measure is determined each year by the NuStar GP) Tj ET Q q 0 0 0 rg BT 531.32 318.10 Td (, LLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 306.10 Td (Compensation Committee for the following year) Tj ET Q q 0 0 0 rg BT 243.63 306.10 Td (. ) Tj ET Q q 0 0 0 rg BT 248.08 306.10 Td (Achievement of the performance measure determines the rate at which the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 294.10 Td (performance units convert into our common units, which ranges from zero to 200% for certain awards.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 460.76 294.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 270.10 Td (Performance units awarded vest in three annual increments \(tranches\), based upon our achievement of the performance measure ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 258.10 Td (set by the Compensation Committee during the one-year performance periods that end on December 31 of each applicable year) Tj ET Q q 0 0 0 rg BT 558.21 258.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 560.71 258.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 246.10 Td (Therefore, the performance units are not considered granted for accounting purposes until the Compensation Committee has set ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 234.10 Td (the performance measure for each tranche of awards. Performance units are equity-classified awards measured at the grant date ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 222.10 Td (fair value. In addition, since the performance units granted do not receive DERs, the grant date fair value of these awards is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 210.10 Td (reduced by the per unit distributions expected to be paid to common unitholders during the vesting period. ) Tj ET Q q 0 0 0 rg BT 477.00 210.10 Td (W) Tj ET Q q 0 0 0 rg BT 485.64 210.10 Td (e record ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 198.10 Td (compensation expense ratably for each vesting tranche over its requisite service period \(one year\) if it is probable that the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 186.10 Td (specified performance measure will be achieved. ) Tj ET Q q 0 0 0 rg BT 246.91 186.10 Td (Additionally) Tj ET Q q 0 0 0 rg BT 296.81 186.10 Td (, changes in the actual or estimated outcomes that af) Tj ET Q q 0 0 0 rg BT 505.44 186.10 Td (fect the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 174.10 Td (quantity of performance units expected to be converted are recognized as a cumulative adjustment. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 150.10 Td (For the period from the Employee ) Tj ET Q q 0 0 0 rg BT 188.17 150.10 Td (T) Tj ET Q q 0 0 0 rg BT 193.93 150.10 Td (ransfer date to December 31, 2016, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 337.21 150.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.21 150.10 Td ( performance units vested or were granted or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 138.10 Td (forfeited. For the year ended December31, 2017, we issued ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.36 138.10 Td (33,438) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.86 138.10 Td ( common units in connection with the performance award ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 126.10 Td (vestings related to 2016 performance, net of employee tax withholding requirements, and the total fair value of performance ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 114.10 Td (awards vested was ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 126.42 114.10 Td ($2.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 175.31 114.10 Td (. For the year ended December 31, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 341.09 114.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.09 114.10 Td ( performance units vested with respect to 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 102.10 Td (performance.) Tj ET Q endstream endobj 237 0 obj <> endobj 238 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 33.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 33.60 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (A) Tj ET Q q 0 0 0 rg BT 56.17 731.10 Td ( summary of our performance units is shown below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 686.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 686.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 686.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 686.60 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 686.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 686.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 656.60 206.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 656.60 100.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 656.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 656.60 99.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 656.60 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 656.60 100.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 616.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 616.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 616.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 616.60 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 616.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 616.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 586.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 586.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 586.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 586.60 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 586.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 586.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 556.60 206.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 256.00 556.60 100.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 356.00 556.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 360.00 556.60 99.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 459.00 556.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 463.00 556.60 100.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 707.6 m 356 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 707.6 m 459 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 459 707.6 m 463 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 707.6 m 563 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 686.6 m 356 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 686.6 m 459 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 686.6 m 563 686.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 616.6 m 356 616.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 601.6 m 356 601.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 616.6 m 459 616.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 601.6 m 459 601.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 616.6 m 563 616.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 601.6 m 563 601.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 556.6 m 356 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 542.6 m 356 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 256 540.6 m 356 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 556.6 m 459 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 542.6 m 459 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 360 540.6 m 459 540.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 556.6 m 563 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 542.6 m 563 542.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 463 540.6 m 563 540.6 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 403.60 711.83 Td (Granted for) Tj ET Q q 0 0 0 rg BT 444.63 711.83 Td ( ) Tj ET Q q 0 0 0 rg BT 446.34 711.83 Td (Accounting Purposes) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 273.50 698.83 Td (T) Tj ET Q q 0 0 0 rg BT 278.10 698.83 Td (otal Performance ) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.10 690.83 Td (Units ) Tj ET Q q 0 0 0 rg BT 299.89 690.83 Td (A) Tj ET Q q 0 0 0 rg BT 305.07 690.83 Td (warded) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 376.65 690.83 Td (Performance Units) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 469.55 698.83 Td (W) Tj ET Q q 0 0 0 rg BT 477.11 698.83 Td (eighted-A) Tj ET Q q 0 0 0 rg BT 509.84 698.83 Td (verage Grant) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 470.40 690.83 Td (Date Fair) Tj ET Q q 0 0 0 rg BT 502.91 690.83 Td ( ) Tj ET Q q 0 0 0 rg BT 504.76 690.83 Td (V) Tj ET Q q 0 0 0 rg BT 509.81 690.83 Td (alue per) Tj ET Q q 0 0 0 rg BT 537.44 690.83 Td ( Unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 676.27 Td (Outstanding as of January 1, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 676.27 Td (77,014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 676.27 Td (35,373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 676.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 676.27 Td (31.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 661.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 661.27 Td (39,320) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 661.27 Td (38,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 661.27 Td (50.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 646.27 Td (Additional grant upon conversion \(related to) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 636.27 Td (2016 performance\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 636.27 Td (17,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 636.27 Td (17,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 636.27 Td (31.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 621.27 Td (V) Tj ET Q q 0 0 0 rg BT 65.17 621.27 Td (ested \(related to 2016 performance\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.30 621.32 Td (\(53,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 621.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 621.32 Td (\(53,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 621.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 621.27 Td (31.75) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 606.27 Td (Outstanding as of December 31, 2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.65 606.27 Td (80,961) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 606.27 Td (38,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 606.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 606.27 Td (50.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 591.27 Td (Granted) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 591.27 Td (1) Tj ET Q q 0 0 0 rg BT 324.65 591.27 Td (16,230) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 591.27 Td (80,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 591.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 591.27 Td (23.43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 576.27 Td (V) Tj ET Q q 0 0 0 rg BT 65.17 576.27 Td (ested) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.15 576.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.15 576.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.15 576.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 561.27 Td (Forfeitures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.30 561.32 Td (\(38,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 352.15 561.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.30 561.32 Td (\(38,865) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 455.15 561.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.50 561.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 561.27 Td (50.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 546.27 Td (Outstanding as of December 31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 319.65 546.27 Td (158,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.65 546.27 Td (80,690) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.65 546.27 Td (23.43) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 518.10 Td (Unit ) Tj ET Q q 0 0 0 rg BT 69.97 518.10 Td (A) Tj ET Q q 0 0 0 rg BT 75.90 518.10 Td (wards) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 506.10 Td (Unit awards are equity-classified awards of fully vested common units. ) Tj ET Q q 0 0 0 rg BT 336.74 506.10 Td (W) Tj ET Q q 0 0 0 rg BT 345.38 506.10 Td (e record compensation expense based on the fair ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 494.10 Td (value of the common units at the grant date.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.28 494.10 Td ( For the year ended December31, 2018, we granted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 435.20 494.10 Td (55,133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.70 494.10 Td ( unit awards at a grant ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 482.10 Td (date fair value of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 120.02 482.10 Td ($24.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 147.52 482.10 Td ( per unit, resulting in the issuance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.54 482.10 Td (35,745) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 323.04 482.10 Td ( common units, net of employee tax withholding ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 470.10 Td (requirements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 446.10 Td (25) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 59.50 446.10 Td (. INCOME ) Tj ET Q q 0 0 0 rg BT 109.04 446.10 Td (T) Tj ET Q q 0 0 0 rg BT 114.97 446.10 Td (AXES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 425.10 Td (Components of income tax expense related to certain of our continuing operations conducted through separate taxable wholly ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 413.10 Td (owned corporate subsidiaries were as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 363.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 363.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 363.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 363.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 363.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 363.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 335.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 335.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 335.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 335.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 335.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 335.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 307.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 307.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 307.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 307.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 307.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 307.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 279.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 279.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 279.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 279.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 279.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 279.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 251.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 251.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 251.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 251.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 251.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 251.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 223.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 223.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 223.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 223.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 223.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 223.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 195.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.00 195.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.00 195.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 195.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 195.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 195.60 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 389.6 m 414 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414 389.6 m 418 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 389.6 m 488 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 389.6 m 492 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 389.6 m 562 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 376.6 m 414 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 376.6 m 488 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 376.6 m 562 376.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 307.6 m 414 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 307.6 m 488 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 307.6 m 562 307.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 293.6 m 414 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 293.6 m 488 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 293.6 m 562 293.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 223.60000000000002 m 414 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 223.60000000000002 m 488 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 223.60000000000002 m 562 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 223.60000000000002 m 414 223.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 209.60000000000002 m 414 209.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 209.60000000000002 m 488 209.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 209.60000000000002 m 562 209.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 182.60000000000002 m 414 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344 180.60000000000002 m 414 180.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 182.60000000000002 m 488 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 180.60000000000002 m 488 180.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 182.60000000000002 m 562 182.60000000000002 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 180.60000000000002 m 562 180.60000000000002 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 393.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.20 393.83 Td (Y) Tj ET Q q 0 0 0 rg BT 413.53 393.83 Td (ear) Tj ET Q q 0 0 0 rg BT 424.12 393.83 Td (EndedDecember) Tj ET Q q 0 0 0 rg BT 484.85 393.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 380.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 370.50 380.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.50 380.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.50 380.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 367.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.35 367.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 354.33 Td (Curr) Tj ET Q q 0 0 0 rg BT 74.07 354.33 Td (ent:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 340.17 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 340.17 Td (4,515) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 340.17 Td (3,1) Tj ET Q q 0 0 0 rg BT 474.15 340.17 Td (17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 340.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 340.17 Td (2,280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 326.17 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 326.17 Td (4,658) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 326.17 Td (6,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 326.17 Td (6,329) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 312.17 Td (Foreign withholding tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 312.17 Td (192) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 312.17 Td (479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 312.17 Td (3,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 298.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 298.17 Td (otal current) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 298.17 Td (9,365) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 298.17 Td (9,931) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 298.17 Td (12,442) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 270.33 Td (Deferr) Tj ET Q q 0 0 0 rg BT 80.63 270.33 Td (ed:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 256.17 Td (U.S.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 256.17 Td (1,403) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 256.17 Td (1,468) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 256.17 Td (2,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 242.17 Td (Foreign) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 242.17 Td (394) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.30 242.22 Td (\(1,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 242.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 242.22 Td (\(1,122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 242.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 228.17 Td (Foreign withholding tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 395.15 228.17 Td (246) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.80 228.22 Td (\(397) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 228.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 228.22 Td (\(2,027) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 228.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 214.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 214.17 Td (otal deferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.65 214.17 Td (2,043) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 479.15 214.17 Td (6) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 539.80 214.22 Td (\(469) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 214.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 186.17 Td (T) Tj ET Q q 0 0 0 rg BT 87.91 186.17 Td (otal income tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 346.50 186.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 382.65 186.17 Td (1) Tj ET Q q 0 0 0 rg BT 387.65 186.17 Td (1,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 186.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 186.17 Td (9,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 186.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 186.17 Td (1) Tj ET Q q 0 0 0 rg BT 535.65 186.17 Td (1,973) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 161.10 Td (The dif) Tj ET Q q 0 0 0 rg BT 78.47 161.10 Td (ference between income tax expense recorded in our consolidated statements of income and income taxes computed by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 149.10 Td (applying the statutory federal income tax rate \() Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.93 149.10 Td (21%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.26 149.10 Td ( for 2018 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 311.36 149.10 Td (35%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.69 149.10 Td ( for 2017 and 2016\) to income before income tax expense ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 137.10 Td (is due to the fact that the majority of our income is not subject to federal income tax due to our status as a limited partnership. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 125.10 Td (W) Tj ET Q q 0 0 0 rg BT 58.14 125.10 Td (e record a tax provision related to the amount of undistributed earnings of our foreign subsidiaries expected to be repatriated. ) Tj ET Q endstream endobj 239 0 obj <> endobj 240 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.65 31.60 Td (1) Tj ET Q q 0 0 0 rg BT 303.28 31.60 Td (19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (The tax ef) Tj ET Q q 0 0 0 rg BT 89.85 731.10 Td (fects of significant temporary dif) Tj ET Q q 0 0 0 rg BT 221.29 731.10 Td (ferences representing deferred income tax assets and liabilities were as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 681.60 368.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 681.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 681.60 4.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 681.60 70.00 -13.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 654.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 654.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 654.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 654.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 626.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 626.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 626.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 626.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 598.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 598.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 598.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 598.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 570.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 570.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 570.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 570.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 542.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 542.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 542.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 542.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 514.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 514.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 514.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 514.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 486.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 486.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 486.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 486.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 458.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 458.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 458.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 458.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 430.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 430.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 430.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 430.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 402.60 368.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.00 402.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.00 402.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.00 402.60 70.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 707.6 m 488 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488 707.6 m 492 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 707.6 m 562 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 694.6 m 488 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 694.6 m 562 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 598.6 m 488 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 598.6 m 562 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 598.6 m 562 598.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 570.6 m 488 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 570.6 m 562 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 556.6 m 488 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 570.6 m 562 570.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 556.6 m 562 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 556.6 m 562 556.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 500.6 m 488 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 486.6 m 488 486.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 500.6 m 562 500.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 486.6 m 562 486.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 459.6 m 488 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 457.6 m 488 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 459.6 m 562 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 457.6 m 562 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 402.6 m 488 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 402.6 m 562 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 402.6 m 488 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 389.6 m 488 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418 387.6 m 488 387.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 402.6 m 562 402.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 389.6 m 562 389.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492 387.6 m 562 387.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 711.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.25 711.83 Td (December) Tj ET Q q 0 0 0 rg BT 500.82 711.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 698.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 444.50 698.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 518.50 698.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 52.50 685.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.35 685.85 Td (\(ThousandsofDollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 672.33 Td (Deferr) Tj ET Q q 0 0 0 rg BT 80.72 672.33 Td (ed income tax assets:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 659.17 Td (Net operating losses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 659.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 659.17 Td (21,009) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 659.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 659.17 Td (20,688) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 645.17 Td (Employee benefits) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 645.17 Td (362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 645.17 Td (483) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 631.17 Td (Environmental and legal reserves) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 469.15 631.17 Td (239) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 631.17 Td (185) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 617.17 Td (Allowance for bad debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 617.17 Td (1,970) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 617.17 Td (1,982) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 603.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 461.65 603.17 Td (1,796) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 603.17 Td (2,050) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 589.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.26 589.17 Td (otal deferred income tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 589.17 Td (25,376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 589.17 Td (25,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 575.17 Td (Less: ) Tj ET Q q 0 0 0 rg BT 82.02 575.17 Td (V) Tj ET Q q 0 0 0 rg BT 88.60 575.17 Td (aluation allowance) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 575.22 Td (\(12,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 575.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 575.22 Td (\(1) Tj ET Q q 0 0 0 rg BT 535.63 575.22 Td (1,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 575.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 561.17 Td (Net deferred income tax assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.65 561.17 Td (12,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 561.17 Td (14,137) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 533.33 Td (Deferr) Tj ET Q q 0 0 0 rg BT 80.72 533.33 Td (ed income tax liabilities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 519.17 Td (Property) Tj ET Q q 0 0 0 rg BT 92.61 519.17 Td (, plant and equipment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 519.22 Td (\(25,128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 519.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 519.22 Td (\(36,176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 519.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 505.17 Td (Foreign withholding tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.80 505.22 Td (\(234) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 505.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.15 505.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 491.17 Td (T) Tj ET Q q 0 0 0 rg BT 75.91 491.17 Td (otal deferred income tax liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 491.22 Td (\(25,362) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 491.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 491.22 Td (\(36,176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 491.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 463.17 Td (Net deferred income tax liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 463.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 463.22 Td (\(12,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 463.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 463.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 463.22 Td (\(22,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 463.17 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.50 435.33 Td (Reported on the consolidated balance sheets as:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 421.17 Td (Deferred income tax asset) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 421.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 474.15 421.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 421.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.15 421.17 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 58.50 407.17 Td (Deferred income tax liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 407.22 Td (\(12,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 407.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 407.22 Td (\(22,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 407.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.50 393.17 Td (Net deferred income tax liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.50 393.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.30 393.22 Td (\(12,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.15 393.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 494.50 393.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.30 393.22 Td (\(22,039) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 393.17 Td (\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 49.50 379.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 367.50 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 367.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.53 367.50 Td (, our U.S. and foreign corporate operations have net operating loss carryforwards for tax purposes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 355.50 Td (totaling ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 82.55 355.50 Td ($86.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 136.44 355.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 155.88 355.50 Td ($9.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 204.77 355.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 257.43 355.50 Td (, which are subject to various limitations on use and expire in years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 529.03 355.50 Td (2025) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 549.03 355.50 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 343.50 Td (through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.11 343.50 Td (2037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.11 343.50 Td ( for U.S. losses and in years ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 217.26 343.50 Td (2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.26 343.50 Td ( through ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 273.37 343.50 Td (2028) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.37 343.50 Td ( for foreign losses, except U.S. losses generated in 2018 can be ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 331.50 Td (carried forward indefinitely) Tj ET Q q 0 0 0 rg BT 159.35 331.50 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 310.50 Td (As of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 73.94 310.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 152.53 310.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 171.97 310.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.97 310.50 Td (, we recorded a valuation allowance of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.11 310.50 Td ($12.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 403.01 310.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.44 310.50 Td ($1) Tj ET Q q 0 0 0 rg BT 432.07 310.50 Td (1.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 475.96 310.50 Td (, respectively) Tj ET Q q 0 0 0 rg BT 528.63 310.50 Td (, related ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 298.50 Td (to our deferred tax assets.) Tj ET Q q 0 0 0 rg BT 154.28 298.50 Td (W) Tj ET Q q 0 0 0 rg BT 162.92 298.50 Td (e estimate the amount of valuation allowance based upon our expectations of taxable income in the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 286.50 Td (various jurisdictions in which we operate and the period over which we can utilize those future deductions.) Tj ET Q q 0 0 0 rg BT 479.75 286.50 Td (The valuation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 274.50 Td (allowance reflects uncertainties related to our ability to utilize certain net operating loss carryforwards before they expire. In ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 262.50 Td (2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 69.50 262.50 Td (, there was a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 121.98 262.50 Td ($0.9 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 170.87 262.50 Td ( increase in the valuation allowance for the U.S. net operating loss and a ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.44 262.50 Td ($0.2 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 511.33 262.50 Td ( increase in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 250.50 Td (the foreign net operating loss valuation allowance due to changes in our estimates of the amount of those loss carryforwards ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 238.50 Td (that will be realized, based upon future taxable income.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 217.50 Td (The realization of net deferred income tax assets recorded as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 305.21 217.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.80 217.50 Td ( is dependent upon our ability to generate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 205.50 Td (future taxable income in the United States. ) Tj ET Q q 0 0 0 rg BT 222.60 205.50 Td (W) Tj ET Q q 0 0 0 rg BT 231.24 205.50 Td (e believe it is more likely than not that the net deferred income tax assets as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 193.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 128.08 193.50 Td ( will be realized, based on expected future taxable income.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 49.50 169.50 Td (T) Tj ET Q q 0 0 0 rg BT 54.69 169.50 Td (ax Reform Update) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 157.50 Td (On December 22, 2017, the U.S. enacted the ) Tj ET Q q 0 0 0 rg BT 230.00 157.50 Td (Act, commonly referred to as U.S. tax reform. ) Tj ET Q q 0 0 0 rg BT 425.86 157.50 Td (The ) Tj ET Q q 0 0 0 rg BT 443.36 157.50 Td (Act significantly changed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 145.50 Td (U.S. corporate income tax laws by) Tj ET Q q 0 0 0 rg BT 186.87 145.50 Td (, among other things, reducing the U.S. corporate tax rate from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.96 145.50 Td (35%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.29 145.50 Td ( to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.07 145.50 Td (21%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 490.40 145.50 Td (, starting in 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 133.50 Td (and creating a territorial tax system with a one-time mandatory tax on previously deferred foreign earnings of U.S. subsidiaries. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 121.50 Td (As a result, we recorded an expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.38 121.50 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.27 121.50 Td ( in 2017 and a benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.52 121.50 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.41 121.50 Td ( in 2018. ) Tj ET Q q 0 0 0 rg BT 442.01 121.50 Td (The 2017 expense of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 528.09 121.50 Td ($0.8 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 109.50 Td (million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 78.39 109.50 Td (, which is included in Income tax expense on the consolidated statements of income, consists of two components: \(i\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 97.50 Td ($0.7 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.39 97.50 Td ( relating to the one-time mandatory tax on previously deferred earnings of certain non-U.S. subsidiaries that are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 85.50 Td (wholly owned by one of our U.S. subsidiaries and \(ii\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 266.69 85.50 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.58 85.50 Td ( resulting from the revaluation of our net deferred tax assets ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 73.50 Td (in the U.S. based on the new lower corporate income tax rate.) Tj ET Q endstream endobj 241 0 obj <> endobj 242 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 731.10 Td (Although the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 104.50 731.10 Td ($0.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 153.39 731.10 Td ( expense represented what we believed to be a reasonable estimate of the impact of the income tax ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 719.10 Td (ef) Tj ET Q q 0 0 0 rg BT 57.09 719.10 Td (fects of the ) Tj ET Q q 0 0 0 rg BT 103.46 719.10 Td (Act on our consolidated financial statements as of December 31, 2017, it was provisional. In the fourth quarter of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 707.10 Td (2018, we finalized our assessment of the two components comprising the 2017 provisional expense and recognized a benefit of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 695.10 Td ($0.3 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 98.39 695.10 Td ( in Income tax expense on the consolidated statements of income relating to the one-time mandatory tax on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 683.10 Td (previously deferred earnings of certain non-U.S. subsidiaries that are wholly owned by one of our U.S. subsidiaries. No other ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 671.10 Td (adjustments to the provisional amounts were deemed necessary) Tj ET Q q 0 0 0 rg BT 302.39 671.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 647.10 Td (Due to the complexity of the new Global Intangible Low-T) Tj ET Q q 0 0 0 rg BT 285.68 647.10 Td (ax Income \(GIL) Tj ET Q q 0 0 0 rg BT 349.18 647.10 Td (TI\) tax rules, in 2018 we continued to evaluate this ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 635.10 Td (provision of the ) Tj ET Q q 0 0 0 rg BT 114.77 635.10 Td (Act and the application of F) Tj ET Q q 0 0 0 rg BT 225.95 635.10 Td (ASB) Tj ET Q q 0 0 0 rg BT 248.18 635.10 Td (s ) Tj ET Q q 0 0 0 rg BT 254.02 635.10 Td (Accounting Standards Codification 740. Under GAAP) Tj ET Q q 0 0 0 rg BT 471.21 635.10 Td (, we are allowed to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 623.10 Td (make an accounting policy choice of either \(i\) treating taxes due on future U.S. inclusions in taxable income related to GIL) Tj ET Q q 0 0 0 rg BT 540.64 623.10 Td (TI as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 611.10 Td (a current-period expense when incurred \(the period cost method\) or \(ii\) factoring such amounts into a company) Tj ET Q q 0 0 0 rg BT 497.13 611.10 Td (s measurement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 599.10 Td (of its deferred taxes \(the deferred method\). Our selection of an accounting policy with respect to the new GIL) Tj ET Q q 0 0 0 rg BT 487.03 599.10 Td (TI tax rules are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 587.10 Td (based, in part, on our analysis of our global income to determine whether we expect to have future U.S. inclusions in taxable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 575.10 Td (income related to GIL) Tj ET Q q 0 0 0 rg BT 137.16 575.10 Td (TI and, if so, what the impact is expected to be. ) Tj ET Q q 0 0 0 rg BT 329.14 575.10 Td (W) Tj ET Q q 0 0 0 rg BT 337.78 575.10 Td (e will treat the taxes due on future U.S. inclusions in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 563.10 Td (taxable income related to GIL) Tj ET Q q 0 0 0 rg BT 168.53 563.10 Td (TI as a current-period expense when incurred \(the period cost method\). ) Tj ET Q q 0 0 0 rg BT 455.46 563.10 Td (The income tax ef) Tj ET Q q 0 0 0 rg BT 527.74 563.10 Td (fect of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 551.10 Td (GIL) Tj ET Q q 0 0 0 rg BT 65.24 551.10 Td (TI, reported as a component of Income tax expense on the consolidated statements of income for the year ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 539.10 Td (December 31, 2018, is ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 142.25 539.10 Td ($0.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 191.15 539.10 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 515.10 Td (Under GAAP) Tj ET Q q 0 0 0 rg BT 103.11 515.10 Td (, the Base Erosion ) Tj ET Q q 0 0 0 rg BT 177.82 515.10 Td (Anti-Abuse ) Tj ET Q q 0 0 0 rg BT 226.80 515.10 Td (T) Tj ET Q q 0 0 0 rg BT 232.21 515.10 Td (ax \(BEA) Tj ET Q q 0 0 0 rg BT 266.37 515.10 Td (T\) provisions are designed to be an incremental tax, so BEA) Tj ET Q q 0 0 0 rg BT 515.46 515.10 Td (T) Tj ET Q q 0 0 0 rg BT 521.39 515.10 Td ( is treated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 503.10 Td (as a current-period expense when incurred \(the period cost method\). ) Tj ET Q q 0 0 0 rg BT 324.49 503.10 Td (W) Tj ET Q q 0 0 0 rg BT 333.13 503.10 Td (e have determined that ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 426.42 503.10 Td (no) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 436.42 503.10 Td ( adjustments related to BEA) Tj ET Q q 0 0 0 rg BT 548.06 503.10 Td (T) Tj ET Q q 0 0 0 rg BT 553.99 503.10 Td ( ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 491.10 Td (are necessary in our consolidated financial statements.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 467.10 Td (26) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 467.10 Td (. SEGMENT) Tj ET Q q 0 0 0 rg BT 114.83 467.10 Td ( INFORMA) Tj ET Q q 0 0 0 rg BT 165.47 467.10 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 443.10 Td (Our reportable business segments consist of the pipeline, storage and fuels marketing segments. Our segments represent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 431.10 Td (strategic business units that of) Tj ET Q q 0 0 0 rg BT 170.36 431.10 Td (fer dif) Tj ET Q q 0 0 0 rg BT 194.88 431.10 Td (ferent services and products. ) Tj ET Q q 0 0 0 rg BT 311.60 431.10 Td (W) Tj ET Q q 0 0 0 rg BT 320.24 431.10 Td (e evaluate the performance of each segment based on its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 419.10 Td (respective operating income, before general and administrative expenses and certain non-segmental depreciation and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 407.10 Td (amortization expense. General and administrative expenses are not allocated to the operating segments since those expenses ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 395.10 Td (relate primarily to the overall management at the entity level. Our operations include the transportation of petroleum products ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 383.10 Td (and anhydrous ammonia, and the terminalling, storage and marketing of petroleum products. Intersegment revenues result from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 371.10 Td (storage agreements with wholly owned subsidiaries of NuStar Ener) Tj ET Q q 0 0 0 rg BT 319.20 371.10 Td (gy at rates consistent with the rates char) Tj ET Q q 0 0 0 rg BT 478.69 371.10 Td (ged to third parties ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 359.10 Td (for storage.) Tj ET Q endstream endobj 243 0 obj <> endobj 244 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (Results of operations for the reportable segments were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 681.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 681.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 681.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 681.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 681.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 681.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 653.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 653.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 653.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 653.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 653.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 653.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 624.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 624.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 624.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 624.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 624.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 624.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 594.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 594.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 594.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 594.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 594.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 594.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 564.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 564.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 564.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 564.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 564.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 564.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 534.60 294.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 534.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 534.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 534.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 534.60 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 534.60 70.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 505.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 505.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 505.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 505.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 505.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 505.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 475.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 475.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 475.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 475.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 475.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 475.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 445.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 445.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 445.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 445.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 445.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 445.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 416.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 416.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 416.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 416.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 416.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 416.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 386.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 386.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 386.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 386.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 386.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 386.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 356.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 356.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 356.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 356.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 356.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 326.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 326.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 326.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 326.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 326.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 326.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 707.6 m 414.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 707.6 m 418.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 707.6 m 488.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 707.6 m 492.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 694.6 m 414.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 694.6 m 488.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 694.6 m 562.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 609.6 m 414.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 609.6 m 488.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 609.6 m 562.5 609.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 564.6 m 414.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 564.6 m 488.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 564.6 m 562.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 550.6 m 414.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 548.6 m 414.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 564.6 m 488.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 550.6 m 488.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 548.6 m 488.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 564.6 m 562.5 564.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 550.6 m 562.5 550.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 548.6 m 562.5 548.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 490.6 m 414.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 490.6 m 488.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 490.6 m 562.5 490.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 460.6 m 414.5 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 460.6 m 488.5 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 460.6 m 562.5 460.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 446.6 m 414.5 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 444.6 m 414.5 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 446.6 m 488.5 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 444.6 m 488.5 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 446.6 m 562.5 446.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 444.6 m 562.5 444.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 356.6 m 414.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 356.6 m 488.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 356.6 m 562.5 356.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 311.6 m 414.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 297.6 m 414.5 297.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 295.6 m 414.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 311.6 m 488.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 297.6 m 488.5 297.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 295.6 m 488.5 295.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 311.6 m 562.5 311.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 297.6 m 562.5 297.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 295.6 m 562.5 295.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 711.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 711.83 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 711.83 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 711.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 485.35 711.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 698.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 698.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 698.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 698.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 685.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.85 685.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 672.33 Td (Revenues:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 658.17 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 658.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 658.17 Td (61) Tj ET Q q 0 0 0 rg BT 388.15 658.17 Td (1,065) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 658.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 658.17 Td (516,288) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 658.17 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 658.17 Td (485,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 644.17 Td (Storage:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 630.17 Td (Third parties) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 629.27 Td (598,380) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 629.27 Td (604,847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 629.27 Td (589,098) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 615.17 Td (Intersegment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 614.27 Td (7,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 614.27 Td (12,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 614.27 Td (20,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 600.17 Td (T) Tj ET Q q 0 0 0 rg BT 85.41 600.17 Td (otal storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 599.27 Td (605,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 599.27 Td (616,953) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 599.27 Td (610,042) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 585.17 Td (Fuels marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 584.27 Td (752,312) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 584.27 Td (692,884) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 584.27 Td (681,934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 570.17 Td (Consolidation and intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 384.80 569.32 Td (\(7,570) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 410.65 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.80 569.32 Td (\(12,106) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 569.32 Td (\(20,944) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 569.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 555.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 555.17 Td (otal revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 554.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 554.27 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 554.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 554.27 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 554.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 554.27 Td (1,756,682) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 525.33 Td (Depr) Tj ET Q q 0 0 0 rg BT 74.57 525.33 Td (eciation and amortization expense:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 511.17 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 510.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 510.27 Td (153,943) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 510.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 510.27 Td (128,061) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 510.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 510.27 Td (89,554) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 496.17 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 495.27 Td (135,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 495.27 Td (127,473) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 495.27 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 495.27 Td (18,663) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 481.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 481.17 Td (otal segment depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 480.27 Td (288,999) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 480.27 Td (255,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 480.27 Td (208,217) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 466.17 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 465.27 Td (8,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 465.27 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 465.27 Td (8,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 451.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 451.17 Td (otal depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 450.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 450.27 Td (297,874) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 450.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 450.27 Td (264,232) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 450.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 450.27 Td (216,736) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 421.33 Td (Operating income:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 407.17 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 406.27 Td (272,695) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 406.27 Td (231,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 406.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 406.27 Td (248,238) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 392.17 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 391.27 Td (181,471) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 391.27 Td (219,439) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 391.27 Td (214,801) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 377.17 Td (Fuels marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 376.27 Td (24,440) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 376.27 Td (5,983) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 376.27 Td (3,406) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 362.17 Td (Consolidation and intersegment eliminations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.65 361.27 Td (32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 476.30 361.32 Td (\(1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 484.65 361.27 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 361.27 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 347.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 347.17 Td (otal segment operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 346.27 Td (478,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 346.27 Td (457,216) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 346.27 Td (466,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 332.17 Td (General and administrative expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 331.27 Td (106,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 331.27 Td (1) Tj ET Q q 0 0 0 rg BT 457.15 331.27 Td (12,240) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 331.27 Td (98,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 317.17 Td (Other depreciation and amortization expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 316.27 Td (8,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 316.27 Td (8,698) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 316.27 Td (8,519) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 302.17 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 302.17 Td (otal operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 301.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 301.27 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 301.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 301.27 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 301.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 301.27 Td (359,109) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 287.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 275.50 Td (Revenues by geographic area are shown in the table below:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 226.00 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 226.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 226.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 226.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 226.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 226.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 196.00 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 196.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 196.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 196.00 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 196.00 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 196.00 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 252 m 414.5 252 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 252 m 418.5 252 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 252 m 488.5 252 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 252 m 492.5 252 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 252 m 562.5 252 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 239 m 414.5 239 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 239 m 488.5 239 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 239 m 562.5 239 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 181 m 414.5 181 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 181 m 488.5 181 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 181 m 562.5 181 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 167 m 414.5 167 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 165 m 414.5 165 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 167 m 488.5 167 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 165 m 488.5 165 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 167 m 562.5 167 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 165 m 562.5 165 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 256.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 256.23 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 256.23 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 256.23 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 485.35 256.23 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 243.25 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 243.23 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 243.23 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 243.23 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 230.25 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.85 230.25 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 216.57 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 215.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 215.67 Td (1,481,863) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 215.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 215.67 Td (1,406,626) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 215.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 215.67 Td (1,352,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 201.57 Td (Netherlands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 200.67 Td (398,382) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 200.67 Td (322,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 200.67 Td (313,395) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 186.57 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 383.15 185.67 Td (81,512) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 185.67 Td (85,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 185.67 Td (90,351) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 171.57 Td (Consolidated revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 170.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 370.65 170.67 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 170.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 170.67 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 170.67 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 170.67 Td (1,756,682) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 142.50 Td (For the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 131.08 142.50 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.67 142.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 214.67 142.50 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 234.67 142.50 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 254.11 142.50 Td (2016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.11 142.50 Td (, ) Tj ET Q q 0 0 0 rg BT 278.93 142.50 Td (V) Tj ET Q q 0 0 0 rg BT 285.04 142.50 Td (alero Ener) Tj ET Q q 0 0 0 rg BT 326.22 142.50 Td (gy Corporation accounted for approximately ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 507.00 142.50 Td (16%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.33 142.50 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 130.50 Td ($309.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 108.89 130.50 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 113.89 130.50 Td (17%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 132.22 130.50 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 148.05 130.50 Td ($300.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 206.94 130.50 Td (, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.88 130.50 Td (18%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.21 130.50 Td (, or ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 263.04 130.50 Td ($310.0 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 321.93 130.50 Td (, of our consolidated revenues, respectively) Tj ET Q q 0 0 0 rg BT 494.83 130.50 Td (. ) Tj ET Q q 0 0 0 rg BT 499.65 130.50 Td (These revenues ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 118.50 Td (were included in all of our reportable business segments. No other single customer accounted for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.44 118.50 Td (10%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 458.77 118.50 Td ( or more of our ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 106.50 Td (consolidated revenues.) Tj ET Q endstream endobj 245 0 obj <> endobj 246 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (122) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 731.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 731.10 Td (otal amounts of property) Tj ET Q q 0 0 0 rg BT 153.35 731.10 Td (, plant and equipment, net by geographic area were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 681.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 681.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 681.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 681.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 651.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 651.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 651.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 651.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 707.6 m 488.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 707.6 m 492.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 707.6 m 562.5 707.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 694.6 m 488.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 694.6 m 562.5 694.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 636.6 m 488.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 636.6 m 562.5 636.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 622.6 m 488.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 620.6 m 488.5 620.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 622.6 m 562.5 622.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 620.6 m 562.5 620.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 711.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.75 711.83 Td (December) Tj ET Q q 0 0 0 rg BT 501.32 711.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 698.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 698.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 698.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 685.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 685.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 672.17 Td (United States) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 671.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 671.27 Td (3,687,910) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 671.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 671.27 Td (3,519,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 657.17 Td (Netherlands) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 656.27 Td (514,541) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 656.27 Td (572,817) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 642.17 Td (Other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.15 641.27 Td (86,171) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 641.27 Td (208,151) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 627.17 Td (Consolidated long-lived assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 626.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 626.27 Td (4,288,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 626.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 626.27 Td (4,300,933) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 598.10 Td (T) Tj ET Q q 0 0 0 rg BT 55.41 598.10 Td (otal assets by reportable segment were as follows:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 548.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 548.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 548.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 548.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 518.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 518.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 518.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 518.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 488.60 368.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 488.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 488.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 488.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 574.6 m 488.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 574.6 m 492.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 574.6 m 562.5 574.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 561.6 m 488.5 561.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 561.6 m 562.5 561.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 503.6 m 488.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 503.6 m 562.5 503.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 473.6 m 488.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 473.6 m 562.5 473.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 459.6 m 488.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 457.6 m 488.5 457.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 459.6 m 562.5 459.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 457.6 m 562.5 457.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 578.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 466.75 578.83 Td (December) Tj ET Q q 0 0 0 rg BT 501.32 578.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 565.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 565.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 565.83 Td (2017) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 552.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 452.85 552.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 539.17 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 538.27 Td (3,637,226) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 538.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 538.27 Td (3,492,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 524.17 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 523.27 Td (2,424,342) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 523.27 Td (2,735,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 509.17 Td (Fuels marketing) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 508.27 Td (1) Tj ET Q q 0 0 0 rg BT 457.15 508.27 Td (12,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 508.27 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 508.27 Td (18,746) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 494.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 494.17 Td (otal segment assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 493.27 Td (6,174,474) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 493.27 Td (6,346,726) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 479.17 Td (Other partnership assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 478.27 Td (174,666) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 478.27 Td (188,507) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 464.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 464.17 Td (otal consolidated assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 463.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 463.27 Td (6,349,140) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 463.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.65 463.27 Td (6,535,233) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 435.10 Td (Capital expenditures, including acquisitions, by reportable segment were as follows: ) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 385.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 385.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 385.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 385.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 385.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 385.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 355.60 294.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 344.50 355.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 414.50 355.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 418.50 355.60 70.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 488.50 355.60 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 492.50 355.60 70.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 411.6 m 414.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 414.5 411.6 m 418.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 411.6 m 488.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 488.5 411.6 m 492.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 411.6 m 562.5 411.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 398.6 m 414.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 398.6 m 488.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 398.6 m 562.5 398.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 340.6 m 414.5 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 340.6 m 488.5 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 340.6 m 562.5 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 326.6 m 414.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 344.5 324.6 m 414.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 340.6 m 488.5 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 326.6 m 488.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 418.5 324.6 m 488.5 324.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 340.6 m 562.5 340.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 326.6 m 562.5 326.6 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 492.5 324.6 m 562.5 324.6 l s BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 415.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 408.70 415.83 Td (Y) Tj ET Q q 0 0 0 rg BT 414.03 415.83 Td (ear) Tj ET Q q 0 0 0 rg BT 424.62 415.83 Td ( Ended December) Tj ET Q q 0 0 0 rg BT 485.35 415.83 Td (31,) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 402.85 Td () Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 371.00 402.83 Td (2018) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 445.00 402.83 Td (2017) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 519.00 402.83 Td (2016) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 389.85 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 415.85 389.85 Td (\(Thousands of Dollars\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 376.17 Td (Pipeline) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 375.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 375.27 Td (288,035) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 375.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 375.27 Td (1,596,31) Tj ET Q q 0 0 0 rg BT 479.65 375.27 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 375.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 375.27 Td (88,373) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 361.17 Td (Storage) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 360.27 Td (202,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.15 360.27 Td (244,398) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 360.27 Td (206,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 346.17 Td (Other partnership assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.15 345.27 Td (4,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 462.15 345.27 Td (5,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 345.27 Td (5,001) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 331.17 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 331.17 Td (otal capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 347.00 330.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 378.15 330.27 Td (494,954) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 421.00 330.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 444.65 330.27 Td (1,846,357) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 495.00 330.27 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 330.27 Td (300,015) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 316.50 Td () Tj ET Q endstream endobj 247 0 obj <> endobj 248 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (123) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (27) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 731.25 Td (. CONDENSED CONSOLIDA) Tj ET Q q 0 0 0 rg BT 190.11 731.25 Td (TING FINANCIAL) Tj ET Q q 0 0 0 rg BT 274.29 731.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 288.28 731.25 Td (A) Tj ET Q q 0 0 0 rg BT 294.76 731.25 Td (TEMENTS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 714.25 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 99.53 714.25 Td (gy has no operations, and its assets consist mainly of its ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 325.06 714.25 Td (100%) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 348.39 714.25 Td ( indirectly owned subsidiaries, NuStar Logistics and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 702.25 Td (NuPOP) Tj ET Q q 0 0 0 rg BT 79.46 702.25 Td (. ) Tj ET Q q 0 0 0 rg BT 84.28 702.25 Td (The senior and subordinated notes issued by NuStar Logistics are fully and unconditionally guaranteed by NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 690.25 Td (Ener) Tj ET Q q 0 0 0 rg BT 68.70 690.25 Td (gy and NuPOP) Tj ET Q q 0 0 0 rg BT 127.59 690.25 Td (. ) Tj ET Q q 0 0 0 rg BT 132.04 690.25 Td (As a result, the following condensed consolidating financial statements are presented as an alternative to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 678.25 Td (providing separate financial statements for NuStar Logistics and NuPOP) Tj ET Q q 0 0 0 rg BT 339.38 678.25 Td (.) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 668.65 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.30 656.65 Td (Condensed Consolidating Balance Sheets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.65 644.65 Td (December) Tj ET Q q 0 0 0 rg BT 308.77 644.65 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.27 644.65 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 632.65 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 601.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 601.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 601.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 601.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 601.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 601.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 601.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 601.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 601.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 601.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 601.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 573.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 573.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 573.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 573.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 573.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 573.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 573.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 573.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 573.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 573.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 573.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 573.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 545.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 545.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 545.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 545.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 545.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 545.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 545.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 545.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 545.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 545.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 545.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 545.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 517.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 517.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 517.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 517.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 517.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 517.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 517.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 517.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 517.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 517.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 517.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 517.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 489.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 489.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 489.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 489.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 489.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 489.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 489.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 489.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 489.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 489.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 489.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 489.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 461.15 157.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 461.15 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 461.15 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 461.15 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 461.15 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 461.15 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 461.15 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 461.15 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 461.15 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 461.15 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 461.15 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 461.15 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 424.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 424.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 424.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 424.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 424.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 424.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 424.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 424.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 424.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 424.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 424.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 424.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 385.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 385.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 385.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 385.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 385.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 385.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 385.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 385.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 385.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 385.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 385.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 385.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 357.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 357.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 357.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 357.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 357.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 357.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 357.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 357.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 357.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 357.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 357.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 357.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 329.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 329.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 329.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 329.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 329.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 329.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 329.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 329.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 329.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 329.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 329.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 329.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 301.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 301.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 301.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 301.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 301.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 301.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 301.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 301.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 301.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 301.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 301.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 301.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 273.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 273.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 273.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 273.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 273.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 273.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 273.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 273.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 273.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 273.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 273.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 273.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 245.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 245.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 245.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 245.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 245.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 245.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 245.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 245.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 245.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 245.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 245.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 245.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 217.15 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 217.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 217.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 217.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 217.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 217.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 217.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 217.15 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 217.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 217.15 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 217.15 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 217.15 55.00 -14.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 601.15 m 262.5 601.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 601.15 m 321.5 601.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 601.15 m 380.5 601.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 601.15 m 444.5 601.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 601.15 m 503.5 601.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 601.15 m 562.5 601.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 517.15 m 262.5 517.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 517.15 m 321.5 517.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 517.15 m 380.5 517.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 517.15 m 444.5 517.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 517.15 m 503.5 517.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 517.15 m 562.5 517.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 503.15 m 262.5 503.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 503.15 m 321.5 503.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 503.15 m 380.5 503.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 503.15 m 444.5 503.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 503.15 m 503.5 503.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 503.15 m 562.5 503.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 424.15 m 262.5 424.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 424.15 m 321.5 424.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 424.15 m 380.5 424.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 424.15 m 444.5 424.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 424.15 m 503.5 424.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 424.15 m 562.5 424.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 411.15 m 262.5 411.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 409.15 m 262.5 409.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 411.15 m 321.5 411.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 409.15 m 321.5 409.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 411.15 m 380.5 411.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 409.15 m 380.5 409.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 411.15 m 444.5 411.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 409.15 m 444.5 409.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 411.15 m 503.5 411.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 409.15 m 503.5 409.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 411.15 m 562.5 411.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 409.15 m 562.5 409.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 287.15 m 262.5 287.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 287.15 m 321.5 287.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 287.15 m 380.5 287.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 287.15 m 444.5 287.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 287.15 m 503.5 287.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 287.15 m 562.5 287.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 273.15 m 262.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 273.15 m 321.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 273.15 m 380.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 273.15 m 444.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 273.15 m 503.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 273.15 m 562.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 273.15 m 262.5 273.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 203.14999999999998 m 262.5 203.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 203.14999999999998 m 321.5 203.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 203.14999999999998 m 380.5 203.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 203.14999999999998 m 444.5 203.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 203.14999999999998 m 503.5 203.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 203.14999999999998 m 562.5 203.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 181.14999999999998 m 262.5 181.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 179.14999999999998 m 262.5 179.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 181.14999999999998 m 321.5 181.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 179.14999999999998 m 321.5 179.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 181.14999999999998 m 380.5 181.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 179.14999999999998 m 380.5 179.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 181.14999999999998 m 444.5 181.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 179.14999999999998 m 444.5 179.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 181.14999999999998 m 503.5 181.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 179.14999999999998 m 503.5 179.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 181.14999999999998 m 562.5 181.14999999999998 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 179.14999999999998 m 562.5 179.14999999999998 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.10 614.23 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.05 605.23 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.10 614.23 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.35 605.23 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 605.38 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 613.38 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 605.38 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 605.38 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 605.38 Td (Consolidated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 591.88 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 577.72 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 577.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 577.72 Td (1,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 577.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 577.72 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 577.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 577.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 577.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 577.72 Td (12,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 577.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 577.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 577.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 577.72 Td (13,644) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 563.72 Td (Receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 563.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 563.72 Td (2,212) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 563.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 563.72 Td (146,096) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 563.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 563.72 Td (148,308) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 549.72 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 549.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 549.72 Td (1,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 549.72 Td (5,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 549.72 Td (15,735) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 549.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 549.72 Td (22,713) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 535.72 Td (Prepaid and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 535.72 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 535.72 Td (14,422) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 535.72 Td (908) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 535.72 Td (2,102) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 535.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 535.72 Td (17,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 521.72 Td (Intercompany receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 521.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 521.72 Td (1,327,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 521.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 521.72 Td (500,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 521.77 Td (\(1,828,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 521.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 521.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 507.72 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 507.72 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 507.72 Td (1,316) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 507.72 Td (1,346,259) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 507.72 Td (6,145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 507.72 Td (676,854) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 507.77 Td (\(1,828,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 507.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 507.72 Td (202,158) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 493.72 Td (Property) Tj ET Q q 0 0 0 rg BT 93.11 493.72 Td (, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 493.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 493.72 Td (1,858,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 493.72 Td (615,549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 493.72 Td (1,814,809) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 493.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 493.72 Td (4,288,622) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 479.72 Td (Intangible assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 479.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 479.72 Td (49,107) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 479.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 479.72 Td (683,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 479.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 479.72 Td (733,056) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 465.72 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 465.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 465.72 Td (149,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 465.72 Td (170,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 465.72 Td (716,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 465.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 465.72 Td (1,036,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 451.72 Td (Investment in wholly owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 441.72 Td (subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 442.82 Td (3,355,636) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 442.82 Td (1,750,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 442.82 Td (1,425,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 442.82 Td (857,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 442.87 Td (\(7,388,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 442.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 442.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 428.72 Td (Other long-term assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 428.72 Td (304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 428.72 Td (54,429) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 428.72 Td (26,716) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 428.72 Td (6,879) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 428.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 428.72 Td (88,328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 414.72 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 414.72 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 414.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 414.72 Td (3,357,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 414.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 414.72 Td (5,207,768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 414.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 414.72 Td (2,244,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 414.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 414.72 Td (4,756,847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 414.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 414.77 Td (\(9,217,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 414.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 414.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 414.72 Td (6,349,140) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 399.83 Td (Liabilities, Mezzanine Equity and) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 62.00 389.83 Td (Partners) Tj ET Q q 0 0 0 rg BT 101.79 389.83 Td ( Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 375.72 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 375.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 375.72 Td (6,460) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 375.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 375.72 Td (39,680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 375.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 375.72 Td (6,331) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 375.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 375.72 Td (90,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 375.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 375.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 375.72 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 375.72 Td (143,121) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 361.72 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 361.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 361.72 Td (18,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 361.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 361.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 361.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 361.72 Td (18,500) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 347.72 Td (Accrued interest payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 347.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 347.72 Td (36,253) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 347.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 347.72 Td (40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 347.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 347.72 Td (36,293) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 333.72 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 333.72 Td (1,280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 333.72 Td (24,858) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 333.72 Td (8,082) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 333.72 Td (67,773) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 333.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 333.72 Td (101,993) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 319.72 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 319.72 Td (axes other than income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 319.72 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 319.72 Td (7,285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 319.72 Td (4,718) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 319.72 Td (6,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 319.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 319.72 Td (19,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 305.72 Td (Income tax payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 305.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 305.72 Td (457) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 305.72 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 305.72 Td (3,986) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 305.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 305.72 Td (4,445) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 291.72 Td (Intercompany payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 291.72 Td (472,790) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 291.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 291.72 Td (1,355,626) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 291.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 291.77 Td (\(1,828,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 291.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 291.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 277.72 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 277.72 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 277.72 Td (480,655) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 277.72 Td (127,033) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 277.72 Td (1,374,759) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 277.72 Td (169,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 277.77 Td (\(1,828,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 277.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 277.72 Td (323,435) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 263.72 Td (Long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 263.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 263.72 Td (3,050,531) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 263.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 263.72 Td (61,465) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 263.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 263.72 Td (3,1) Tj ET Q q 0 0 0 rg BT 531.10 263.72 Td (1) Tj ET Q q 0 0 0 rg BT 536.10 263.72 Td (1,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 249.72 Td (Deferred income tax liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 249.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 249.72 Td (1,675) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 249.72 Td (9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 249.72 Td (10,744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 249.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 249.72 Td (12,428) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 235.72 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 235.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 235.72 Td (28,392) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 235.72 Td (12,348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 235.72 Td (38,818) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 235.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 235.72 Td (79,558) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 221.72 Td (Series D preferred units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 221.72 Td (563,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 221.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 221.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 221.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 221.72 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 221.72 Td (563,992) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 207.72 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 207.72 Td (otal partners) Tj ET Q q 0 0 0 rg BT 116.70 207.72 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 207.72 Td (2,312,609) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 207.72 Td (2,000,137) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 207.72 Td (857,229) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 207.72 Td (4,476,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 207.77 Td (\(7,388,660) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 207.72 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 207.72 Td (2,257,731) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 193.72 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 193.72 Td (otal liabilities, mezzanine) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 183.72 Td (equity and partners) Tj ET Q q 0 0 0 rg BT 159.23 183.72 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 184.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 184.82 Td (3,357,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 184.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 184.82 Td (5,207,768) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 184.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 184.82 Td (2,244,345) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 184.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 184.82 Td (4,756,847) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 184.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 184.87 Td (\(9,217,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 184.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 184.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 184.82 Td (6,349,140) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 249 0 obj <> endobj 250 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (124) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 218.30 731.25 Td (Condensed Consolidating Balance Sheets) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 265.65 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 308.77 719.25 Td (31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 346.27 719.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 670.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 670.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 670.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 670.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 670.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 670.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 670.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 642.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 642.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 642.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 642.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 642.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 642.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 642.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 642.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 642.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 642.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 642.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 642.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 614.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 614.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 614.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 614.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 614.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 614.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 614.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 614.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 614.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 614.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 614.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 614.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 586.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 586.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 586.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 586.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 586.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 586.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 586.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 586.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 586.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 586.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 586.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 586.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 558.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 558.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 558.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 558.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 558.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 558.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 558.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 558.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 558.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 558.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 558.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 558.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 530.75 157.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 530.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 530.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 530.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 530.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 530.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 530.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 530.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 530.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 530.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 530.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 530.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 493.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 493.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 493.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 493.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 493.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 493.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 493.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 493.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 493.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 493.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 493.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 493.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 465.75 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 465.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 465.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 465.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 465.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 465.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 465.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 465.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 426.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 426.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 426.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 426.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 426.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 426.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 426.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 426.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 426.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 426.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 426.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 426.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 398.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 398.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 398.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 398.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 398.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 398.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 398.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 370.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 370.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 370.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 370.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 370.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 370.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 370.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 370.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 342.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 342.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 342.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 342.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 342.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 342.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 342.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 342.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 314.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 314.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 314.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 314.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 314.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 314.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 314.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 314.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 286.75 157.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 286.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 286.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 286.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 286.75 60.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 286.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 286.75 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 286.75 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 258.75 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 258.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 258.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 258.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 258.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 258.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 258.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 258.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 258.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 258.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 258.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 258.75 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 670.75 m 262.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 670.75 m 321.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 670.75 m 380.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 670.75 m 444.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 670.75 m 503.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 670.75 m 562.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 586.75 m 262.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 586.75 m 321.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 586.75 m 380.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 586.75 m 444.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 586.75 m 503.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 586.75 m 562.5 586.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 572.75 m 262.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 572.75 m 321.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 572.75 m 380.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 572.75 m 444.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 572.75 m 503.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 572.75 m 562.5 572.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 479.75 m 262.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 479.75 m 321.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 479.75 m 380.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 479.75 m 444.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 479.75 m 503.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 479.75 m 562.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 466.75 m 262.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 464.75 m 262.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 479.75 m 321.5 479.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 466.75 m 321.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 464.75 m 321.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 466.75 m 380.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 464.75 m 380.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 466.75 m 444.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 464.75 m 444.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 466.75 m 503.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 464.75 m 503.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 466.75 m 562.5 466.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 464.75 m 562.5 464.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 328.75 m 262.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 328.75 m 321.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 328.75 m 380.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 328.75 m 444.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 328.75 m 503.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 328.75 m 562.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 314.75 m 262.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 314.75 m 321.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 314.75 m 380.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 314.75 m 444.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 314.75 m 503.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 314.75 m 562.5 314.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 258.75 m 262.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 258.75 m 321.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 258.75 m 380.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 258.75 m 444.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 258.75 m 503.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 258.75 m 562.5 258.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 234.75 m 262.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 232.75 m 262.5 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 234.75 m 321.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 232.75 m 321.5 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 234.75 m 380.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 232.75 m 380.5 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 234.75 m 444.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 232.75 m 444.5 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 234.75 m 503.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 232.75 m 503.5 232.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 234.75 m 562.5 234.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 232.75 m 562.5 232.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.10 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.05 674.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.10 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.35 674.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 674.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 682.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 674.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 674.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 674.98 Td (Consolidated) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 661.48 Td (Assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 647.32 Td (Cash and cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 647.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 647.32 Td (885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 647.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 647.32 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 647.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 647.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 647.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 647.32 Td (23,378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 647.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 647.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 647.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 647.32 Td (24,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 633.32 Td (Receivables, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 633.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 633.32 Td (280) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 633.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 633.32 Td (176,495) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 633.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 633.32 Td (176,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 619.32 Td (Inventories) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 619.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 619.32 Td (1,686) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 619.32 Td (8,61) Tj ET Q q 0 0 0 rg BT 371.65 619.32 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 619.32 Td (16,560) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 619.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 619.32 Td (26,857) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 605.32 Td (Prepaid and other current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 605.32 Td (61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 605.32 Td (1) Tj ET Q q 0 0 0 rg BT 295.15 605.32 Td (1,412) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 605.32 Td (4,191) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 605.32 Td (6,844) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 605.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 605.32 Td (22,508) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 591.32 Td (Intercompany receivable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 591.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 591.32 Td (3,1) Tj ET Q q 0 0 0 rg BT 290.10 591.32 Td (12,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 591.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 591.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 591.37 Td (\(3,1) Tj ET Q q 0 0 0 rg BT 472.13 591.37 Td (12,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 591.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 591.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 577.32 Td (T) Tj ET Q q 0 0 0 rg BT 76.76 577.32 Td (otal current assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 577.32 Td (946) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 577.32 Td (3,125,571) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 577.32 Td (12,802) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 577.32 Td (223,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 577.37 Td (\(3,1) Tj ET Q q 0 0 0 rg BT 472.13 577.37 Td (12,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 577.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 577.32 Td (250,432) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 563.32 Td (Property) Tj ET Q q 0 0 0 rg BT 93.11 563.32 Td (, plant and equipment, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 563.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 563.32 Td (1,893,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 563.32 Td (591,070) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 563.32 Td (1,816,143) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 563.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 563.32 Td (4,300,933) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 549.32 Td (Intangible assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 549.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 549.32 Td (58,530) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 549.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 549.32 Td (725,949) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 549.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 549.32 Td (784,479) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 535.32 Td (Goodwill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 535.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 535.32 Td (149,453) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 535.32 Td (170,652) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 535.32 Td (777,370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 535.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 535.32 Td (1,097,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 521.32 Td (Investment in wholly owned ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 511.32 Td (subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 512.42 Td (2,891,371) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 512.42 Td (24,162) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 512.42 Td (1,301,717) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 512.42 Td (790,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 512.47 Td (\(5,008,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 512.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 512.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 498.32 Td (Deferred income tax asset) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 498.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 498.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 498.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 498.32 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 498.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 498.32 Td (233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 484.32 Td (Other long-term assets, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 484.32 Td (303) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 484.32 Td (65,684) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 484.32 Td (27,493) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 484.32 Td (8,201) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 484.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 484.32 Td (101,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 470.32 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 470.32 Td (otal assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 470.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 470.32 Td (2,892,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 470.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 470.32 Td (5,317,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 470.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 470.32 Td (2,103,734) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 470.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 470.32 Td (4,342,055) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 470.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 470.37 Td (\(8,120,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 470.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 470.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 470.32 Td (6,535,233) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 445.43 Td (Liabilities and Partners) Tj ET Q q 0 0 0 rg BT 156.70 445.43 Td ( Equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 431.32 Td (Accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 431.32 Td (4,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 431.32 Td (27,642) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 431.32 Td (13,160) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 431.32 Td (101,052) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 431.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 431.32 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 431.32 Td (145,932) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 417.32 Td (Short-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 417.32 Td (35,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 417.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 417.32 Td (35,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 403.32 Td (Current portion of long-term debt) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 403.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 403.32 Td (349,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 403.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 403.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 403.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 403.32 Td (349,990) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 389.32 Td (Accrued interest payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 389.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 389.32 Td (40,402) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 389.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 389.32 Td (47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 389.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 389.32 Td (40,449) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 375.32 Td (Accrued liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 375.32 Td (1,105) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 375.32 Td (17,628) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 375.32 Td (9,450) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 375.32 Td (33,395) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 375.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 375.32 Td (61,578) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 361.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.76 361.32 Td (axes other than income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 361.32 Td (125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 361.32 Td (7,1) Tj ET Q q 0 0 0 rg BT 307.65 361.32 Td (10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 361.32 Td (3,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 361.32 Td (3,356) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 361.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 361.32 Td (14,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 347.32 Td (Income tax payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 347.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 347.32 Td (732) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 347.32 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 347.32 Td (3,436) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 347.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 347.32 Td (4,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 333.32 Td (Intercompany payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 333.32 Td (322,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 333.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 333.32 Td (1,277,691) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 333.32 Td (1,512,177) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 333.37 Td (\(3,1) Tj ET Q q 0 0 0 rg BT 472.13 333.37 Td (12,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 333.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 333.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 319.32 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 319.32 Td (otal current liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 319.32 Td (327,604) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 319.32 Td (478,504) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 319.32 Td (1,304,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 319.32 Td (1,653,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 319.37 Td (\(3,1) Tj ET Q q 0 0 0 rg BT 472.13 319.37 Td (12,164) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 319.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 319.32 Td (651,506) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 305.32 Td (Long-term debt, less current portion) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 305.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 305.32 Td (3,201,220) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 305.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 305.32 Td (61,849) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 305.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 305.32 Td (3,263,069) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 291.32 Td (Deferred income tax liability) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 291.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 291.32 Td (1,262) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 291.32 Td (12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 291.32 Td (20,998) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 291.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 291.32 Td (22,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 277.32 Td (Other long-term liabilities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 277.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 277.32 Td (58,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 277.32 Td (8,861) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 277.32 Td (50,630) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 277.32 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 277.32 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 277.32 Td (18,297) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 263.32 Td (T) Tj ET Q q 0 0 0 rg BT 64.41 263.32 Td (otal partners) Tj ET Q q 0 0 0 rg BT 116.70 263.32 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 263.32 Td (2,565,016) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 263.32 Td (1,577,328) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 263.32 Td (790,762) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 263.32 Td (2,555,1) Tj ET Q q 0 0 0 rg BT 430.60 263.32 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 263.37 Td (\(5,008,132) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 263.32 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 263.32 Td (2,480,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 71.00 248.42 Td (T) Tj ET Q q 0 0 0 rg BT 76.41 248.42 Td (otal liabilities and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 80.00 238.42 Td (partners) Tj ET Q q 0 0 0 rg BT 114.79 238.42 Td ( equity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 218.60 238.42 Td (2,892,620) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 238.42 Td (5,317,120) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.60 238.42 Td (2,103,734) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 238.42 Td (4,342,055) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 238.47 Td (\(8,120,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 238.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 238.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 238.42 Td (6,535,233) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 223.45 Td () Tj ET Q endstream endobj 251 0 obj <> endobj 252 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (125) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.70 731.25 Td (Condensed Consolidating Statements of Income \(Loss\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.25 719.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 671.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 671.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 641.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 611.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 611.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 611.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 611.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 611.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 611.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 611.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 611.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 581.75 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 581.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 581.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 581.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 581.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 581.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 581.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 581.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 581.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 581.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 581.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 581.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 541.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 541.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 541.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 541.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 541.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 541.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 541.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 541.75 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 671.75 m 262.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 671.75 m 321.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 671.75 m 380.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 671.75 m 444.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 671.75 m 503.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 671.75 m 562.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 641.75 m 262.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 641.75 m 321.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 641.75 m 380.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 641.75 m 444.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 641.75 m 503.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 641.75 m 562.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 581.75 m 262.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 581.75 m 321.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 581.75 m 380.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 581.75 m 444.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 581.75 m 503.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 581.75 m 562.5 581.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 541.75 m 262.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 541.75 m 321.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 541.75 m 380.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 541.75 m 444.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 541.75 m 503.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 541.75 m 562.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 527.75 m 262.5 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 525.75 m 262.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 541.75 m 321.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 527.75 m 321.5 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 525.75 m 321.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 541.75 m 380.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 527.75 m 380.5 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 525.75 m 380.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 541.75 m 444.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 527.75 m 444.5 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 525.75 m 444.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 541.75 m 503.5 541.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 527.75 m 503.5 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 525.75 m 503.5 525.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 527.75 m 562.5 527.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 525.75 m 562.5 525.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.10 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.05 675.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.10 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.35 675.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 675.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 683.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 675.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 675.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 675.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 662.32 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 661.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 661.42 Td (485,603) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 661.42 Td (260,679) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 661.42 Td (1,216,180) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.30 661.47 Td (\(705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 661.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 661.42 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 647.32 Td (Costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 646.42 Td (2,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 646.42 Td (317,286) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 646.42 Td (163,667) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 646.42 Td (1,1) Tj ET Q q 0 0 0 rg BT 413.10 646.42 Td (15,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 481.30 646.47 Td (\(705) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 646.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 646.42 Td (1,598,194) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 632.32 Td (Operating \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.80 631.42 Td (\(2,407) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 631.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 631.42 Td (168,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 631.42 Td (97,012) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 631.42 Td (100,641) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 631.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 631.42 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 617.32 Td (Equity in earnings of subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 616.42 Td (207,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 290.15 616.42 Td (17,167) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 616.42 Td (121,913) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 616.42 Td (212,249) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 616.47 Td (\(559,302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 616.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 616.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 602.32 Td (Interest income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 601.42 Td (228) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 601.47 Td (\(191,835) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 601.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 601.47 Td (\(7,127) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 601.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 601.42 Td (12,497) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 601.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 601.47 Td (\(186,237) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 601.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 587.32 Td (Other income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 586.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 586.42 Td (3,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.65 586.42 Td (446) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 586.42 Td (35,554) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 586.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 586.42 Td (39,876) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 572.32 Td (Income \(loss\) before income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 562.32 Td (expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 561.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 561.47 Td (\(2,475) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 561.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 561.42 Td (212,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 561.42 Td (360,941) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 561.47 Td (\(559,302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 561.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 561.42 Td (217,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 547.32 Td (Income tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 546.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 546.42 Td (588) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 368.30 546.47 Td (\(3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 546.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 546.42 Td (10,823) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 546.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 546.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 546.42 Td (1,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 532.32 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 531.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 531.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 531.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 531.47 Td (\(3,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 531.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 531.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 531.42 Td (212,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 531.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 531.42 Td (350,1) Tj ET Q q 0 0 0 rg BT 430.65 531.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 531.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 531.47 Td (\(559,302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 531.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 531.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 531.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 506.85 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.70 494.85 Td (Condensed Consolidating Statements of Income \(Loss\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 482.85 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 482.85 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 482.85 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 482.85 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 482.85 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 482.85 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 482.85 Td (31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.25 482.85 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 470.85 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 435.35 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 435.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 435.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 435.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 435.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 435.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 435.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 435.35 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 435.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 435.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 435.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 435.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 405.35 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 405.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 405.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 405.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 405.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 405.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 405.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 405.35 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 405.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 405.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 405.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 405.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 365.35 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 365.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 365.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 365.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 365.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 365.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 365.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 365.35 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 365.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 365.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 365.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 365.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 335.35 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 335.35 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 335.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 335.35 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 335.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 335.35 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 335.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 335.35 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 335.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 335.35 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 335.35 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 335.35 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 295.35 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 295.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 295.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 295.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 295.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 295.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 295.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 295.35 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 295.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 295.35 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 295.35 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 295.35 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 435.35 m 262.5 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 435.35 m 321.5 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 435.35 m 380.5 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 435.35 m 444.5 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 435.35 m 503.5 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 435.35 m 562.5 435.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 405.35 m 262.5 405.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 405.35 m 321.5 405.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 405.35 m 380.5 405.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 405.35 m 444.5 405.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 405.35 m 503.5 405.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 405.35 m 562.5 405.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 335.35 m 262.5 335.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 335.35 m 321.5 335.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 335.35 m 380.5 335.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 335.35 m 444.5 335.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 335.35 m 503.5 335.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 335.35 m 562.5 335.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 295.35 m 262.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 295.35 m 321.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 295.35 m 380.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 295.35 m 444.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 295.35 m 503.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 295.35 m 562.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 295.35 m 262.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 281.35 m 262.5 281.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 279.35 m 262.5 279.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 295.35 m 321.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 281.35 m 321.5 281.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 279.35 m 321.5 279.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 295.35 m 380.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 281.35 m 380.5 281.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 279.35 m 380.5 279.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 295.35 m 444.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 281.35 m 444.5 281.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 279.35 m 444.5 279.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 295.35 m 503.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 281.35 m 503.5 281.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 279.35 m 503.5 279.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 295.35 m 562.5 295.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 281.35 m 562.5 281.35 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 279.35 m 562.5 279.35 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.10 447.58 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.05 439.58 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.10 447.58 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.35 439.58 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 439.58 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 447.58 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 439.58 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 439.58 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 439.58 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 425.92 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 425.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 425.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 425.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 425.02 Td (496,454) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 425.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 425.02 Td (221,125) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 425.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 425.02 Td (1,097,458) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 425.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 425.07 Td (\(1,018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 425.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 425.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 425.02 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 410.92 Td (Costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 410.02 Td (1,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 410.02 Td (317,871) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 410.02 Td (146,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 410.02 Td (1,012,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 410.07 Td (\(1,018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 410.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 410.02 Td (1,477,741) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 395.92 Td (Operating \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.80 395.02 Td (\(1,868) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 395.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 395.02 Td (178,583) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 395.02 Td (74,882) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 395.02 Td (84,681) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 395.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 395.02 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 380.92 Td (Equity in earnings \(loss\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 370.92 Td (of subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 370.02 Td (149,775) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.80 370.07 Td (\(10,616) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 370.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 370.02 Td (89,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 370.02 Td (158,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 370.07 Td (\(387,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 370.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 370.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 355.92 Td (Interest income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 355.02 Td (57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 355.07 Td (\(176,897) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 355.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 355.07 Td (\(5,587) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 355.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 355.02 Td (9,344) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 355.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 355.07 Td (\(173,083) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 355.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 340.92 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 340.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 302.65 340.02 Td (145) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 340.02 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 340.07 Td (\(5,442) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 340.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 340.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 340.07 Td (\(5,294) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 340.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 325.92 Td (Income \(loss\) before income tax) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 74.00 315.92 Td (\(benefit\) expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 315.02 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 315.07 Td (\(8,785) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 315.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 315.02 Td (158,703) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 315.02 Td (247,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 315.07 Td (\(387,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 315.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 315.02 Td (157,901) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 300.92 Td (Income tax \(benefit\) expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 300.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 299.30 300.07 Td (\(820) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 300.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 371.65 300.02 Td (2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 300.02 Td (10,755) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 300.02 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 300.02 Td (9,937) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 285.92 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 285.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 285.02 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 285.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 285.07 Td (\(7,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 285.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 285.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 285.02 Td (158,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 285.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 285.02 Td (236,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 285.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 285.07 Td (\(387,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 285.02 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 285.02 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 285.02 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 253 0 obj <> endobj 254 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (126) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 189.70 731.25 Td (Condensed Consolidating Statements of Income \(Loss\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.25 719.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 671.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 671.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 641.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 641.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 601.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 601.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 601.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 601.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 601.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 601.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 601.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 601.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 571.75 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 571.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 571.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 571.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 571.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 571.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 571.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 571.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 571.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 571.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 571.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 571.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 531.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.50 531.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 531.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 531.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 531.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 531.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 531.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 531.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 531.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 531.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 531.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 531.75 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 671.75 m 262.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 671.75 m 321.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 671.75 m 380.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 671.75 m 444.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 671.75 m 503.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 671.75 m 562.5 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 641.75 m 262.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 641.75 m 321.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 641.75 m 380.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 641.75 m 444.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 641.75 m 503.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 641.75 m 562.5 641.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 571.75 m 262.5 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 571.75 m 321.5 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 571.75 m 380.5 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 571.75 m 444.5 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 571.75 m 503.5 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 571.75 m 562.5 571.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 531.75 m 262.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 531.75 m 321.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 531.75 m 380.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 531.75 m 444.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 531.75 m 503.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 531.75 m 562.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 531.75 m 262.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 517.75 m 262.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207.5 515.75 m 262.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 531.75 m 321.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 517.75 m 321.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 515.75 m 321.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 531.75 m 380.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 517.75 m 380.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 515.75 m 380.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 531.75 m 444.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 517.75 m 444.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 515.75 m 444.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 531.75 m 503.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 517.75 m 503.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 515.75 m 503.5 515.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 531.75 m 562.5 531.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 517.75 m 562.5 517.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 515.75 m 562.5 515.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.10 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 222.05 675.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.10 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.35 675.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 675.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 683.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 675.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 675.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 675.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 662.32 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 661.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 661.42 Td (51) Tj ET Q q 0 0 0 rg BT 295.15 661.42 Td (1,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 661.42 Td (224,966) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 661.42 Td (1,021,804) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 661.47 Td (\(1,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 661.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 661.42 Td (1,756,682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 647.32 Td (Costs and expenses) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 236.15 646.42 Td (1,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 646.42 Td (302,099) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 646.42 Td (150,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 646.42 Td (945,022) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.80 646.47 Td (\(1,738) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 646.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 646.42 Td (1,397,573) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 632.32 Td (Operating \(loss\) income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.80 631.42 Td (\(1,806) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 631.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 631.42 Td (209,551) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 631.42 Td (74,582) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 631.42 Td (76,782) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 631.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 631.42 Td (359,109) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 617.32 Td (Equity in earnings \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 607.32 Td (of subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 606.42 Td (151,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.80 606.47 Td (\(13,769) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 606.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 606.42 Td (82,202) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 606.42 Td (156,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 606.47 Td (\(376,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 606.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 592.32 Td (Interest \(expense\) income, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 591.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 591.47 Td (\(139,827) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 591.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.30 591.47 Td (\(744) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 591.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 591.42 Td (2,221) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 591.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 591.47 Td (\(138,350) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 591.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 577.32 Td (Other income \(expense\), net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 576.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.80 576.47 Td (\(58,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 576.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.30 576.47 Td (\(26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 576.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 576.47 Td (\(51) Tj ET Q q 0 0 0 rg BT 435.63 576.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 576.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 576.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 576.47 Td (\(58,783) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 576.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 562.32 Td (Income \(loss\) before income ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 75.50 552.32 Td (tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 551.42 Td (150,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 551.47 Td (\(2,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 551.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 551.42 Td (156,014) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 551.42 Td (234,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 551.47 Td (\(376,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 551.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 551.42 Td (161,976) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 537.32 Td (Income tax expense \(benefit\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 253.65 536.42 Td (3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 536.42 Td (1,607) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 363.30 536.47 Td (\(23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 536.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 536.42 Td (10,386) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 536.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 536.42 Td (1) Tj ET Q q 0 0 0 rg BT 536.15 536.42 Td (1,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 66.50 522.32 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 210.00 521.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.15 521.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 521.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 521.47 Td (\(3,916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 521.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 521.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 521.42 Td (156,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 521.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 521.42 Td (224,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 521.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 521.47 Td (\(376,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 521.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 521.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 521.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 255 0 obj <> endobj 256 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (127) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 169.55 731.25 Td (Condensed Consolidating Statements of Compr) Tj ET Q q 0 0 0 rg BT 372.16 731.25 Td (ehensive Income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.25 719.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 671.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 671.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 641.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 641.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 601.75 157.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 601.75 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 551.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 551.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 551.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 551.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 551.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 551.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 551.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 551.75 55.00 -15.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 671.75 m 444 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 671.75 m 503 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 671.75 m 562 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 671.75 m 262 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 671.75 m 321 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 671.75 m 380 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 671.75 m 444 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 671.75 m 503 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 671.75 m 562 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 551.75 m 262 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 536.75 m 262 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 551.75 m 321 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 536.75 m 321 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 551.75 m 380 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 536.75 m 380 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 551.75 m 444 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 536.75 m 444 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 551.75 m 503 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 536.75 m 503 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 551.75 m 562 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 536.75 m 562 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 536.75 m 262 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 522.75 m 262 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 520.75 m 262 520.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 536.75 m 321 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 522.75 m 321 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 520.75 m 321 520.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 536.75 m 380 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 522.75 m 380 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 520.75 m 380 520.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 536.75 m 444 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 522.75 m 444 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 520.75 m 444 520.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 536.75 m 503 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 522.75 m 503 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 520.75 m 503 520.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 536.75 m 562 536.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 522.75 m 562 522.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 520.75 m 562 520.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.60 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.55 675.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.60 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.85 675.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.10 675.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.65 683.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.60 675.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.20 675.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.55 675.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 661.42 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.65 661.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.30 661.47 Td (\(3,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 661.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.65 661.42 Td (212,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 661.42 Td (350,1) Tj ET Q q 0 0 0 rg BT 430.15 661.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 661.47 Td (\(559,302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 661.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 661.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 631.42 Td (Other comprehensive income:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 616.42 Td (Foreign currency translation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 606.42 Td (adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 606.42 Td (4,304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 606.42 Td (4,304) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 591.42 Td (Net gain on pension and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 581.42 Td (postretirement benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 571.42 Td (adjustments, net of tax expense) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 571.42 Td (2,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 571.42 Td (2,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 556.42 Td (Net gain on cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.65 556.42 Td (23,41) Tj ET Q q 0 0 0 rg BT 312.15 556.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 556.42 Td (23,41) Tj ET Q q 0 0 0 rg BT 553.15 556.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 541.42 Td (T) Tj ET Q q 0 0 0 rg BT 58.26 541.42 Td (otal other comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 541.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.65 541.42 Td (23,41) Tj ET Q q 0 0 0 rg BT 312.15 541.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 541.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 417.65 541.42 Td (6,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 541.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 541.42 Td (30,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 526.42 Td (Comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.65 526.42 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.50 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 289.65 526.42 Td (20,348) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.50 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.65 526.42 Td (212,247) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 526.42 Td (356,756) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 526.47 Td (\(559,302) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 526.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 526.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 526.42 Td (235,843) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 155.25 488.65 Td (Condensed Consolidating Statements of Compr) Tj ET Q q 0 0 0 rg BT 357.86 488.65 Td (ehensive Income \(Loss\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 476.65 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 476.65 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 476.65 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 476.65 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 476.65 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 476.65 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 476.65 Td (31, 2017) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.25 476.65 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 464.65 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 429.15 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 429.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 429.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 429.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 429.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 429.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 429.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 429.15 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 429.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 429.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 429.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 429.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 399.15 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 399.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 399.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 399.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 399.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 399.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 399.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 399.15 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 399.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 399.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 399.15 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 399.15 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 359.15 157.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 359.15 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 359.15 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 359.15 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 359.15 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 359.15 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 359.15 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 359.15 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 359.15 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 359.15 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 359.15 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 359.15 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 309.15 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 309.15 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 309.15 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 309.15 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 309.15 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 309.15 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 309.15 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 309.15 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 309.15 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 309.15 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 309.15 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 309.15 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 429.15 m 444 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 429.15 m 503 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 429.15 m 562 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 429.15 m 262 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 429.15 m 321 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 429.15 m 380 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 429.15 m 444 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 429.15 m 503 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 429.15 m 562 429.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 309.15 m 262 309.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 284.15 m 262 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 309.15 m 321 309.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 284.15 m 321 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 309.15 m 380 309.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 284.15 m 380 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 309.15 m 444 309.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 284.15 m 444 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 309.15 m 503 309.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 284.15 m 503 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 309.15 m 562 309.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 284.15 m 562 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 284.15 m 262 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 270.15 m 262 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 268.15 m 262 268.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 284.15 m 321 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 270.15 m 321 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 268.15 m 321 268.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 284.15 m 380 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 270.15 m 380 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 268.15 m 380 268.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 284.15 m 444 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 270.15 m 444 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 268.15 m 444 268.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 284.15 m 503 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 270.15 m 503 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 268.15 m 503 268.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 284.15 m 562 284.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 270.15 m 562 270.15 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 268.15 m 562 268.15 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.60 441.38 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.55 433.38 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.60 441.38 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.85 433.38 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.10 433.38 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.65 441.38 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.60 433.38 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.20 433.38 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.55 433.38 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 418.82 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 418.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.65 418.82 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.50 418.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.30 418.87 Td (\(7,965) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 418.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.50 418.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.65 418.82 Td (158,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 418.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 418.82 Td (236,528) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 418.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 418.87 Td (\(387,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 418.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 418.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 418.82 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 388.82 Td (Other comprehensive income \(loss\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 373.82 Td (Foreign currency translation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 363.82 Td (adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 363.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 363.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 363.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 363.82 Td (17,466) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 363.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 530.65 363.82 Td (17,466) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 348.82 Td (Net loss on pension and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 338.82 Td (postretirement benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 328.82 Td (adjustments, net of tax benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 328.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 328.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 328.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 328.87 Td (\(6,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 328.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 328.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 328.87 Td (\(6,170) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 328.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 313.82 Td (Net loss on cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 313.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.30 313.87 Td (\(2,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 313.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 313.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 313.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 313.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 313.87 Td (\(2,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 313.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 298.82 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 298.82 Td (otal other comprehensive \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 288.82 Td (income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 288.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.30 288.87 Td (\(2,046) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 288.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 288.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 412.65 288.82 Td (1) Tj ET Q q 0 0 0 rg BT 417.65 288.82 Td (1,296) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 288.82 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 288.82 Td (9,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 273.82 Td (Comprehensive income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 273.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.65 273.82 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.50 273.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.30 273.87 Td (\(10,01) Tj ET Q q 0 0 0 rg BT 312.13 273.87 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 273.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.50 273.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.65 273.82 Td (158,701) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 273.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 273.82 Td (247,824) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 273.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 273.87 Td (\(387,264) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 273.82 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 273.82 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 273.82 Td (157,214) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 257 0 obj <> endobj 258 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 33.60 Td (128) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 169.55 731.25 Td (Condensed Consolidating Statements of Compr) Tj ET Q q 0 0 0 rg BT 372.16 731.25 Td (ehensive Income) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2016) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 389.25 719.25 Td ( ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 671.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 671.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 671.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 671.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 641.75 157.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 641.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 641.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 641.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 601.75 157.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 601.75 60.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 601.75 4.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 601.75 55.00 -35.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.00 551.75 157.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 207.00 551.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.00 551.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.00 551.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.00 551.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.00 551.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.00 551.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.00 551.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.00 551.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.00 551.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.00 551.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.00 551.75 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 671.75 m 444 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 671.75 m 503 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 671.75 m 562 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 671.75 m 262 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 671.75 m 321 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 671.75 m 380 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 671.75 m 444 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 671.75 m 503 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 671.75 m 562 671.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 551.75 m 262 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 526.75 m 262 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 551.75 m 321 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 526.75 m 321 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 551.75 m 380 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 526.75 m 380 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 551.75 m 444 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 526.75 m 444 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 551.75 m 503 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 526.75 m 503 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 551.75 m 562 551.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 526.75 m 562 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 526.75 m 262 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 512.75 m 262 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 207 510.75 m 262 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 526.75 m 321 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 512.75 m 321 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266 510.75 m 321 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 526.75 m 380 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 512.75 m 380 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325 510.75 m 380 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 526.75 m 444 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 512.75 m 444 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384 510.75 m 444 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 526.75 m 503 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 512.75 m 503 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448 510.75 m 503 510.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 526.75 m 562 526.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 512.75 m 562 512.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507 510.75 m 562 510.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.60 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 221.55 675.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 280.60 683.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 277.85 675.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.10 675.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 386.65 683.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 392.60 675.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.20 675.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 511.55 675.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 661.42 Td (Net income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.65 661.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.30 661.47 Td (\(3,916) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.15 661.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.65 661.42 Td (156,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 661.42 Td (224,142) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 661.47 Td (\(376,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 661.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 661.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 661.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 631.42 Td (Other comprehensive income \(loss\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 616.42 Td (Foreign currency translation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 606.42 Td (adjustment) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 606.47 Td (\(8,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 606.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 606.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 606.47 Td (\(8,243) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 606.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 591.42 Td (Net loss on pension and other) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 581.42 Td (postretirement benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 70.50 571.42 Td (adjustments, net of tax benefit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.30 571.47 Td (\(2,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 571.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 571.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 571.47 Td (\(2,850) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 571.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 556.42 Td (Net gain on cash flow hedges) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 556.42 Td (5,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 556.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 535.65 556.42 Td (5,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 541.42 Td (T) Tj ET Q q 0 0 0 rg BT 57.91 541.42 Td (otal other comprehensive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.50 531.42 Td (income \(loss\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.15 531.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 531.42 Td (5,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 531.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.30 531.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 417.63 531.47 Td (1,093) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.15 531.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.15 531.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.30 531.47 Td (\(5,383) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.15 531.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 516.42 Td (Comprehensive income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 209.50 516.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.65 516.42 Td (150,003) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 268.50 516.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 294.65 516.42 Td (1,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 327.50 516.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 343.65 516.42 Td (156,037) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 386.50 516.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 407.65 516.42 Td (213,049) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 450.50 516.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.30 516.47 Td (\(376,263) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.15 516.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 509.50 516.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 525.65 516.42 Td (144,620) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 259 0 obj <> endobj 260 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (129) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 731.25 Td (Condensed Consolidating Statements of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2018) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 670.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 670.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 670.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 620.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 620.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 620.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 580.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 580.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 580.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 580.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 580.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 580.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.75 160.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 550.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 550.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 550.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 550.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 550.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 550.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 550.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 550.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 550.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 550.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 550.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 504.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 504.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 504.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 504.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 504.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 504.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 504.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 504.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 474.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 474.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 474.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 474.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 474.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 474.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 474.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 474.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 474.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 474.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 474.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 474.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 434.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 434.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 434.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 434.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 434.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 434.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 434.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 434.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 434.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 434.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 434.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 434.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 404.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 404.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 404.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 404.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 404.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 404.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 404.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 404.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 404.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 404.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 404.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 404.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 356.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 356.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 356.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 356.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 356.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 356.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 356.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 356.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 356.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 356.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 356.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 356.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 318.75 160.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 318.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 318.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 318.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 318.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 318.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 318.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 318.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 318.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 318.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 318.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 318.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 272.75 160.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 272.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 272.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 272.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 272.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 272.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 272.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 272.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 272.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 272.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 272.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 272.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 234.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 234.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 234.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 234.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 234.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 234.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 234.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 234.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 234.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 234.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 234.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 234.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 204.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 204.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 204.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 204.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 204.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 204.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 204.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 204.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 204.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 204.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 204.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 204.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 154.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 154.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 154.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 154.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 154.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 154.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 154.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 154.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 154.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 154.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 154.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 154.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 104.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 104.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 104.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 104.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 104.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 104.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 104.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 104.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 104.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 104.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 104.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 104.75 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 670.75 m 263.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 670.75 m 322.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 670.75 m 380.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 670.75 m 444.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 670.75 m 503.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 670.75 m 562.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 645.75 m 263.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 645.75 m 322.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 645.75 m 380.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 645.75 m 444.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 645.75 m 503.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 645.75 m 562.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 489.75 m 322.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 489.75 m 263.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 474.75 m 263.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 489.75 m 322.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 474.75 m 322.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 489.75 m 380.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 474.75 m 380.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 489.75 m 444.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 474.75 m 444.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 489.75 m 503.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 474.75 m 503.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 489.75 m 562.5 489.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 474.75 m 562.5 474.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 204.75 m 263.5 204.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 204.75 m 322.5 204.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 204.75 m 380.5 204.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 204.75 m 444.5 204.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 204.75 m 503.5 204.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 204.75 m 562.5 204.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 179.75 m 263.5 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 154.75 m 263.5 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 179.75 m 322.5 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 154.75 m 322.5 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 179.75 m 380.5 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 154.75 m 380.5 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 179.75 m 444.5 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 154.75 m 444.5 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 179.75 m 503.5 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 154.75 m 503.5 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 179.75 m 562.5 179.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 154.75 m 562.5 154.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 104.75 m 263.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 104.75 m 322.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 104.75 m 380.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 104.75 m 444.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 104.75 m 503.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 104.75 m 562.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 80.75 m 263.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 78.75 m 263.5 78.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 104.75 m 322.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 80.75 m 322.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 78.75 m 322.5 78.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 104.75 m 380.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 80.75 m 380.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 78.75 m 380.5 78.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 104.75 m 444.5 104.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 80.75 m 444.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 78.75 m 444.5 78.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 80.75 m 503.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 78.75 m 503.5 78.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 80.75 m 562.5 80.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 78.75 m 562.5 78.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.10 682.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.05 674.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.10 682.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.35 674.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.10 674.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 682.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 674.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 674.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 674.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 661.32 Td (Net cash provided by operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 651.32 Td (activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 650.42 Td (444,233) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 650.42 Td (100,385) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 650.42 Td (179,512) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 650.42 Td (514,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 650.47 Td (\(694,859) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 650.42 Td (544,207) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 625.42 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 611.32 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.80 610.47 Td (\(71,044) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 610.47 Td (\(19,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 610.47 Td (\(367,256) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 610.47 Td (\(457,452) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 596.32 Td (Change in accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 586.32 Td (related to capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 585.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.15 585.42 Td (1) Tj ET Q q 0 0 0 rg BT 296.15 585.42 Td (1,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.80 585.47 Td (\(5,161) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 585.47 Td (\(13,623) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 585.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 585.47 Td (\(7,683) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 571.32 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 570.47 Td (\(37,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 570.47 Td (\(37,502) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 556.32 Td (Proceeds from insurance recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 555.42 Td (78,419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 555.42 Td (78,419) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 541.32 Td (Proceeds from sale of European) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 531.32 Td (operations) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 532.42 Td (266,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 532.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 532.42 Td (266,740) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 518.32 Td (Proceeds from sale or disposition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 508.32 Td (of assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 509.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 509.42 Td (2,674) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 509.42 Td (31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 509.42 Td (995) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 509.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 509.42 Td (3,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 495.32 Td (Investment in subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.80 494.42 Td (\(708,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 494.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 494.47 Td (\(1,71) Tj ET Q q 0 0 0 rg BT 296.13 494.47 Td (1,975) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 494.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 494.47 Td (\(54,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 494.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 494.47 Td (\(54,665) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 494.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 494.42 Td (2,529,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 494.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 480.32 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.80 479.42 Td (\(708,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 479.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 479.47 Td (\(1,769,244) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 479.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 479.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 349.13 479.47 Td (16,384) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 479.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 479.47 Td (\(89,390) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 479.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 479.42 Td (2,529,840) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 479.47 Td (\(153,778) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 479.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 454.42 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 440.32 Td (Debt borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 439.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.60 439.42 Td (1,840,853) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 439.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 439.42 Td (31,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 439.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 439.42 Td (1,872,653) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 425.32 Td (Debt repayments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 424.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 424.47 Td (\(2,349,476) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 424.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 424.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 424.47 Td (\(32,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 424.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 424.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 424.47 Td (\(2,381,776) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 424.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 410.32 Td (Issuance of Series D preferred units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 409.42 Td (590,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 409.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 409.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 409.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 409.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 409.42 Td (590,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 395.32 Td (Payment of issuance costs for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 385.32 Td (Series D preferred units) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.80 384.42 Td (\(34,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 384.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 384.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 384.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 384.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 384.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 384.47 Td (\(34,203) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 384.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 370.32 Td (Issuance of common units, net of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 360.32 Td (issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.15 361.42 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 361.42 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 347.32 Td (General partner contribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.65 346.42 Td (204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 346.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 346.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 346.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 346.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 346.42 Td (204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 332.32 Td (Distributions to preferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 322.32 Td (unitholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.80 323.42 Td (\(90,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.80 323.47 Td (\(45,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 323.47 Td (\(45,336) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 323.47 Td (\(45,335) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 323.42 Td (136,007) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 323.47 Td (\(90,670) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 323.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 309.32 Td (Distributions to common unitholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 299.32 Td ( and general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.80 300.42 Td (\(300,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 300.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.80 300.47 Td (\(150,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 300.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 300.47 Td (\(150,388) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 300.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 300.47 Td (\(150,408) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 300.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 300.42 Td (451,184) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 300.47 Td (\(300,777) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 300.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 286.32 Td (Cash consideration for Mer) Tj ET Q q 0 0 0 rg BT 168.51 286.32 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 276.32 Td (\(Note 4\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.80 277.42 Td (\(67,936) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 277.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 277.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 277.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 277.42 Td (141) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 277.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 277.47 Td (\(67,795) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 277.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 263.32 Td (Proceeds from termination of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 253.32 Td (interest rate swaps) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 254.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 254.42 Td (8,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 254.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 254.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 254.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 254.42 Td (8,048) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 240.32 Td (Contributions from af) Tj ET Q q 0 0 0 rg BT 146.12 240.32 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 239.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 239.42 Td (599,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 239.42 Td (54,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 239.42 Td (1,768,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 239.47 Td (\(2,422,172) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 239.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 239.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 225.32 Td (Net intercompany activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 224.42 Td (162,498) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.60 224.42 Td (1,766,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 224.42 Td (77,996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 224.47 Td (\(2,007,375) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 224.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 224.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 224.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 210.32 Td (Other) Tj ET Q q 0 0 0 rg BT 81.37 210.32 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.80 209.42 Td (\(4,379) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 209.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.80 209.47 Td (\(1,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 209.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 209.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 427.30 209.47 Td (\(71) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 209.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 209.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 209.47 Td (\(5,551) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 209.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 195.32 Td (Net cash provided by \(used in\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 185.32 Td (financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 184.42 Td (264,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.60 184.42 Td (1,668,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 184.47 Td (\(63,128) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 184.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 184.47 Td (\(435,376) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 184.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 184.47 Td (\(1,834,981) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 184.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 184.47 Td (\(399,867) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 184.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 169.42 Td (Ef) Tj ET Q q 0 0 0 rg BT 62.26 169.42 Td (fect of foreign exchange rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 159.42 Td (changes on cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 159.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 159.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 159.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 159.47 Td (\(1,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 159.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 159.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 159.47 Td (\(1,210) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 159.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 145.32 Td (Net increase \(decrease\) in cash and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 135.32 Td (cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.65 134.42 Td (370) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 134.42 Td (22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 134.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 134.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 418.13 134.47 Td (1,040) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 134.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 134.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 134.47 Td (\(10,648) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 134.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 120.32 Td (Cash and cash equivalents as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 110.32 Td (beginning of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.65 109.42 Td (885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 109.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 109.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 109.42 Td (23,378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 109.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 109.42 Td (24,292) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 95.32 Td (Cash and cash equivalents as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 85.32 Td (end of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 84.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 237.15 84.42 Td (1,255) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 84.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 84.42 Td (51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 84.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 84.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 84.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 84.42 Td (12,338) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 84.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 84.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 84.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 84.42 Td (13,644) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 261 0 obj <> endobj 262 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (130) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 731.25 Td (Condensed Consolidating Statements of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2017) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 670.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 670.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 670.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 620.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 620.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 620.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 580.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 580.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 580.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 580.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 580.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 580.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 580.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 580.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 550.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 550.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 550.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 550.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 550.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 550.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 550.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 550.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 512.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 512.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 512.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 472.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 472.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 472.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 472.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 472.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 472.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 472.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 472.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 472.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 472.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 472.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 472.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 432.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 432.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 432.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 432.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 432.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 432.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 432.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 432.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 432.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 432.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 432.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 432.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 394.75 160.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 394.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 394.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 394.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 394.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 394.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 394.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 394.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 394.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 394.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 394.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 394.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 356.75 160.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 356.75 53.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 356.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 356.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 356.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 356.75 54.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 356.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 356.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 356.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 356.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 356.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 356.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 310.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 310.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 310.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 310.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 310.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 310.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 310.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 310.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 310.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 310.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 310.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 310.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 270.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 270.75 53.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 270.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 270.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 270.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 270.75 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 270.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 270.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 270.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 270.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 270.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 270.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 230.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 230.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 230.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 230.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 230.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 230.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 230.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 230.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 230.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 230.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 230.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 230.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 180.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 180.75 53.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 263.50 180.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 267.50 180.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 322.50 180.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 326.50 180.75 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 180.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 180.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 180.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 180.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 180.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 180.75 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 670.75 m 263.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 670.75 m 322.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 670.75 m 380.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 670.75 m 444.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 670.75 m 503.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 670.75 m 562.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 645.75 m 263.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 645.75 m 322.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 645.75 m 380.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 645.75 m 444.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 645.75 m 503.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 645.75 m 562.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 497.75 m 263.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 472.75 m 263.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 497.75 m 322.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 472.75 m 322.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 497.75 m 380.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 472.75 m 380.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 497.75 m 444.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 472.75 m 444.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 497.75 m 503.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 472.75 m 503.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 497.75 m 562.5 497.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 472.75 m 562.5 472.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 255.75 m 263.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 255.75 m 322.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 255.75 m 380.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 255.75 m 444.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 255.75 m 503.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 255.75 m 562.5 255.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 230.75 m 263.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 205.75 m 263.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 230.75 m 322.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 205.75 m 322.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 230.75 m 380.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 205.75 m 380.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 230.75 m 444.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 205.75 m 444.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 230.75 m 503.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 205.75 m 503.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 230.75 m 562.5 230.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 205.75 m 562.5 205.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 155.75 m 263.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 155.75 m 322.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 155.75 m 380.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 155.75 m 444.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 155.75 m 503.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 155.75 m 562.5 155.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 131.75 m 263.5 131.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 129.75 m 263.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 131.75 m 322.5 131.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 267.5 129.75 m 322.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 131.75 m 380.5 131.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 326.5 129.75 m 380.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 131.75 m 444.5 131.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 129.75 m 444.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 131.75 m 503.5 131.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 129.75 m 503.5 129.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 131.75 m 562.5 131.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 129.75 m 562.5 129.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.10 682.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 224.05 674.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 282.10 682.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 279.35 674.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 340.10 674.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 682.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 674.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 674.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 674.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 661.32 Td (Net cash provided by operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 651.32 Td (activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 650.42 Td (483,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 650.42 Td (152,101) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 650.42 Td (102,405) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 650.42 Td (405,950) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 650.47 Td (\(737,138) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 650.42 Td (406,799) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 625.42 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 611.32 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.80 610.47 Td (\(47,600) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 610.47 Td (\(35,041) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 610.47 Td (\(301,997) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 610.47 Td (\(384,638) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 596.32 Td (Change in accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 586.32 Td (related to capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 585.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.80 585.47 Td (\(1,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 585.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 354.15 585.42 Td (5,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 585.42 Td (32,927) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 585.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 585.42 Td (36,903) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 571.32 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 570.47 Td (\(1,461,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 570.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 570.47 Td (\(1,461,719) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 570.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 556.32 Td (Proceeds from ) Tj ET Q q 0 0 0 rg BT 119.26 556.32 Td (Axeon term loan) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.15 555.42 Td (1) Tj ET Q q 0 0 0 rg BT 291.15 555.42 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 555.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 555.42 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 555.42 Td (10,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 541.32 Td (Proceeds from insurance recoveries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 540.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 540.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 540.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 425.65 540.42 Td (977) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 540.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 540.42 Td (977) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 526.32 Td (Proceeds from sale or disposition ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 516.32 Td (of assets) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 517.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 296.15 517.42 Td (1,955) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 517.42 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 517.42 Td (63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 517.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 517.42 Td (2,036) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 503.32 Td (Investment in subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.30 502.42 Td (\(1,262,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 502.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 502.47 Td (\(126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 502.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 502.42 Td (1,262,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 488.32 Td (Net cash \(used in\) provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 478.32 Td (investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 216.30 477.42 Td (\(1,262,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 477.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.15 477.42 Td (62,367) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 477.47 Td (\(29,059) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 477.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 397.30 477.47 Td (\(1,729,875) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 477.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 459.60 477.42 Td (1,262,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 477.47 Td (\(1,696,441) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 477.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 452.42 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 438.32 Td (Debt borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.60 437.42 Td (2,969,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 437.42 Td (90,700) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 437.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 437.42 Td (3,060,100) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 423.32 Td (Debt repayments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 422.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 422.47 Td (\(2,400,739) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 422.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 422.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 422.47 Td (\(86,800) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 422.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 422.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 422.47 Td (\(2,487,539) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 422.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 408.32 Td (Issuance of preferred units, net of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 398.32 Td (issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 399.42 Td (538,560) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 399.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 399.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 399.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 399.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 399.42 Td (538,560) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 385.32 Td (Issuance of common units, net of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 375.32 Td (issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 376.42 Td (643,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 376.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 376.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 376.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 376.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 376.42 Td (643,878) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 362.32 Td (General partner contribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.15 361.42 Td (13,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 361.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 361.42 Td (13,737) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 347.32 Td (Distributions to preferred) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 337.32 Td (unitholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 228.80 338.42 Td (\(38,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 287.80 338.47 Td (\(19,417) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 338.47 Td (\(19,416) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 338.47 Td (\(19,418) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 338.42 Td (58,251) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 338.47 Td (\(38,833) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 338.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 324.32 Td (Distributions to common unitholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 314.32 Td ( and general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 223.80 315.42 Td (\(446,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 315.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.80 315.47 Td (\(223,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 315.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 315.47 Td (\(223,153) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 315.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 315.47 Td (\(223,176) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 315.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 315.42 Td (669,482) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 315.47 Td (\(446,306) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 315.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 301.32 Td (Contributions from ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 291.32 Td (\(distributions to\) af) Tj ET Q q 0 0 0 rg BT 145.03 291.32 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 290.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.60 290.42 Td (1,262,000) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 290.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 290.47 Td (\(9,279) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 290.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 456.30 290.47 Td (\(1,252,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 290.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 290.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 276.32 Td (Net intercompany activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.15 275.42 Td (73,206) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 275.30 275.47 Td (\(1,801,218) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 275.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 275.42 Td (169,223) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 275.42 Td (1,558,789) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 275.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 275.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 261.32 Td (Other) Tj ET Q q 0 0 0 rg BT 81.37 261.32 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 233.80 260.42 Td (\(5,708) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 259.65 260.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 292.80 260.47 Td (\(1,317) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 260.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 260.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 260.47 Td (\(300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 260.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 260.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 532.80 260.47 Td (\(7,325) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 260.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 246.32 Td (Net cash provided by \(used in\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 236.32 Td (financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 227.10 235.42 Td (778,534) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.80 235.47 Td (\(214,444) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 318.65 235.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 235.47 Td (\(73,346) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 235.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 400.60 235.42 Td (1,310,516) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 235.47 Td (\(524,988) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 235.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 235.42 Td (1,276,272) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 220.42 Td (Ef) Tj ET Q q 0 0 0 rg BT 62.26 220.42 Td (fect of foreign exchange rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 210.42 Td (changes on cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 210.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 210.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 210.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 210.42 Td (1,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 210.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 210.42 Td (1,720) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 196.32 Td (Net increase \(decrease\) in cash and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 186.32 Td (cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 249.65 185.42 Td (15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 185.42 Td (24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 185.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 185.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 418.13 185.47 Td (1,689) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 185.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 185.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 185.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 536.13 185.47 Td (1,650) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 185.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 171.32 Td (Cash and cash equivalents as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 161.32 Td (beginning of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.65 160.42 Td (870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 160.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 160.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 160.42 Td (35,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 160.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 160.42 Td (35,942) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 146.32 Td (Cash and cash equivalents as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 136.32 Td (end of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 135.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 244.65 135.42 Td (885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 270.00 135.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.65 135.42 Td (29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.00 135.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 135.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 135.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 135.42 Td (23,378) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 135.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 135.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 135.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 135.42 Td (24,292) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 263 0 obj <> endobj 264 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (131) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 731.25 Td (Condensed Consolidating Statements of Cash Flows) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 222.70 719.25 Td (For) Tj ET Q q 0 0 0 rg BT 238.07 719.25 Td ( the ) Tj ET Q q 0 0 0 rg BT 256.03 719.25 Td (Y) Tj ET Q q 0 0 0 rg BT 262.14 719.25 Td (ear) Tj ET Q q 0 0 0 rg BT 275.83 719.25 Td ( Ended ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 308.63 719.25 Td (December) Tj ET Q q 0 0 0 rg BT 351.75 719.25 Td (31, 2016) Tj ET Q BT /F2 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 257.10 707.25 Td (\(Thousands of Dollars\)) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 670.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 670.75 52.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 670.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 670.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 670.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 620.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 620.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 620.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 620.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 620.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 582.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 582.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 582.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 582.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 582.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 582.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 582.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 582.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 552.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 552.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 552.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 552.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 552.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 552.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 552.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 552.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 512.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 512.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 512.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 512.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 512.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 482.75 160.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 482.75 52.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 482.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 482.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 482.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 482.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 482.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 482.75 60.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 482.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 482.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 482.75 4.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 482.75 55.00 -23.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 436.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 436.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 436.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 436.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 436.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 436.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 436.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 436.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 436.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 436.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 436.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 436.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 398.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 398.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 398.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 398.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 398.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 398.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 398.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 398.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 368.75 160.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 368.75 52.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 368.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 368.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 368.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 368.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 368.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 368.75 60.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 368.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 368.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 368.75 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 368.75 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 328.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 328.75 52.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 328.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 328.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 328.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 328.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 328.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 328.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 328.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 328.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 328.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 328.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 278.75 160.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 210.50 278.75 52.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 262.50 278.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 266.50 278.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 321.50 278.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 325.50 278.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 380.50 278.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 384.50 278.75 60.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 444.50 278.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 448.50 278.75 55.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 278.75 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 278.75 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 670.75 m 262.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 670.75 m 321.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 670.75 m 380.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 670.75 m 444.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 670.75 m 503.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 670.75 m 562.5 670.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 645.75 m 262.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 645.75 m 321.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 645.75 m 380.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 645.75 m 444.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 645.75 m 503.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 645.75 m 562.5 645.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 552.75 m 262.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 537.75 m 262.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 552.75 m 321.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 537.75 m 321.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 552.75 m 380.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 537.75 m 380.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 552.75 m 444.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 537.75 m 444.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 552.75 m 503.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 537.75 m 503.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 552.75 m 562.5 552.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 537.75 m 562.5 537.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 353.75 m 262.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 353.75 m 321.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 353.75 m 380.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 353.75 m 444.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 353.75 m 503.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 353.75 m 562.5 353.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 328.75 m 262.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 303.75 m 262.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 328.75 m 321.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 303.75 m 321.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 328.75 m 380.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 303.75 m 380.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 328.75 m 444.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 303.75 m 444.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 328.75 m 503.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 303.75 m 503.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 328.75 m 562.5 328.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 303.75 m 562.5 303.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 253.75 m 262.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 253.75 m 321.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 253.75 m 380.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 253.75 m 444.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 253.75 m 503.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 253.75 m 562.5 253.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 229.75 m 262.5 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 210.5 227.75 m 262.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 229.75 m 321.5 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 266.5 227.75 m 321.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 229.75 m 380.5 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 325.5 227.75 m 380.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 229.75 m 444.5 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 384.5 227.75 m 444.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 229.75 m 503.5 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 448.5 227.75 m 503.5 227.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 229.75 m 562.5 229.75 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 227.75 m 562.5 227.75 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.60 682.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 223.55 674.98 Td (Energy) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 281.10 682.98 Td (NuStar) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 278.35 674.98 Td (Logistics) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 339.60 674.98 Td (NuPOP) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 387.15 682.98 Td (Non-Guarantor) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 393.10 674.98 Td (Subsidiaries) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 453.70 674.98 Td (Eliminations) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 512.05 674.98 Td (Consolidated) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 660.42 Td (Net cash provided by operating) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 57.50 650.42 Td (activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.10 650.42 Td (391,773) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 650.42 Td (167,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 650.42 Td (21) Tj ET Q q 0 0 0 rg BT 354.15 650.42 Td (1,816) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 650.42 Td (359,283) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 650.47 Td (\(694,01) Tj ET Q q 0 0 0 rg BT 494.63 650.47 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 650.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 650.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 650.42 Td (436,761) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 625.42 Td (Cash flows from investing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 611.32 Td (Capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.80 610.47 Td (\(64,334) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 345.80 610.47 Td (\(52,637) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 610.47 Td (\(87,387) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 610.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 610.47 Td (\(204,358) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 610.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 596.32 Td (Change in accounts payable) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 586.32 Td (related to capital expenditures) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 587.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.80 587.47 Td (\(10,076) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 358.30 587.47 Td (\(285) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 422.30 587.47 Td (\(702) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 587.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 587.47 Td (\(1) Tj ET Q q 0 0 0 rg BT 536.13 587.47 Td (1,063) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 587.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 573.32 Td (Acquisitions) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 286.80 572.47 Td (\(95,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 572.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 572.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 572.47 Td (\(95,657) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 572.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 558.32 Td (Investment in subsidiaries) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 557.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 557.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 557.47 Td (\(212,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 557.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 557.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 557.42 Td (212,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 557.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 542.42 Td (Net cash used in investing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 542.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 542.47 Td (\(170,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 542.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 542.47 Td (\(265,822) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 542.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 542.47 Td (\(88,089) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 542.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 542.42 Td (212,900) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 542.47 Td (\(31) Tj ET Q q 0 0 0 rg BT 536.13 542.47 Td (1,078) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 542.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 517.42 Td (Cash flows from financing activities:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 503.32 Td (Debt borrowings) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 277.60 502.42 Td (1,365,529) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 502.42 Td (41,200) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 502.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 502.42 Td (1,406,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 488.32 Td (Debt repayments) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 487.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 274.30 487.47 Td (\(1,419,852) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 487.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 487.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 487.47 Td (\(36,300) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 487.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 487.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 515.30 487.47 Td (\(1,456,152) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 487.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 473.32 Td (Issuance of preferred units, net of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 463.32 Td (issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 226.10 464.42 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 464.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 464.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 464.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 464.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 464.42 Td (218,400) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 450.32 Td (Issuance of common units, net of) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 440.32 Td (issuance costs) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 231.15 441.42 Td (27,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 441.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 441.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 441.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 441.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 441.42 Td (27,710) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 427.32 Td (General partner contribution) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 426.42 Td (680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 426.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 426.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 430.65 426.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 426.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 543.65 426.42 Td (680) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 412.32 Td (Distributions to common unitholders) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 402.32 Td ( and general partner) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.80 403.42 Td (\(392,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.80 403.47 Td (\(196,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 340.80 403.47 Td (\(196,481) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 376.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 403.47 Td (\(196,501) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 403.42 Td (589,463) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 403.47 Td (\(392,962) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 403.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 389.32 Td (Contributions from af) Tj ET Q q 0 0 0 rg BT 146.12 389.32 Td (filiates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 388.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 388.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 388.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 388.42 Td (108,352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 463.80 388.47 Td (\(108,352) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 388.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 388.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 374.32 Td (Net intercompany activity) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.80 373.42 Td (\(241,131) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 373.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 285.15 373.42 Td (255,326) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 344.15 373.42 Td (250,487) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 373.47 Td (\(264,682) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 373.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 373.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 548.65 373.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 59.00 359.32 Td (Other) Tj ET Q q 0 0 0 rg BT 81.37 359.32 Td (, net) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 232.80 358.42 Td (\(4,485) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 358.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 291.80 358.47 Td (\(2,354) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.65 358.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 358.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.80 358.47 Td (\(8,890) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 358.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 358.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 358.47 Td (\(15,729) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 358.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 344.32 Td (Net cash \(used in\) provided by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 334.32 Td (financing activities) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 222.80 333.42 Td (\(391,788) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 333.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 295.15 333.42 Td (2,168) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 349.15 333.42 Td (54,006) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 404.80 333.47 Td (\(356,821) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 333.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 333.42 Td (481,1) Tj ET Q q 0 0 0 rg BT 489.65 333.42 Td (1) Tj ET Q q 0 0 0 rg BT 494.65 333.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 522.80 333.47 Td (\(21) Tj ET Q q 0 0 0 rg BT 536.13 333.47 Td (1,324) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 333.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 318.42 Td (Ef) Tj ET Q q 0 0 0 rg BT 62.26 318.42 Td (fect of foreign exchange rate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 308.42 Td (changes on cash) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 248.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 307.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 418.15 308.42 Td (2,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 308.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 308.42 Td (2,721) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 294.32 Td (Net \(decrease\) increase in cash and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 284.32 Td (cash equivalents) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 245.30 283.42 Td (\(15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 258.65 283.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 283.42 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.80 283.47 Td (\(82,906) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 440.65 283.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 283.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 527.80 283.47 Td (\(82,920) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 283.42 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 269.32 Td (Cash and cash equivalents as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 259.32 Td (beginning of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 258.42 Td (885) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 258.42 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 408.15 258.42 Td (1) Tj ET Q q 0 0 0 rg BT 413.15 258.42 Td (17,973) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 258.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 258.42 Td (1) Tj ET Q q 0 0 0 rg BT 531.15 258.42 Td (18,862) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 244.32 Td (Cash and cash equivalents as of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 234.32 Td (end of the period) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 213.00 233.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 243.65 233.42 Td (870) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 269.00 233.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.65 233.42 Td (5) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 328.00 233.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.65 233.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 387.00 233.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 413.15 233.42 Td (35,067) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 451.00 233.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 489.65 233.42 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 233.42 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 531.15 233.42 Td (35,942) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 265 0 obj <> endobj 266 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 205.30 762.00 Td (NUST) Tj ET Q q 0 0 0 rg BT 231.23 762.00 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 290.59 762.00 Td ( L.P) Tj ET Q q 0 0 0 rg BT 307.45 762.00 Td (. ) Tj ET Q q 0 0 0 rg BT 311.90 762.00 Td (AND SUBSIDIARIES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 144.45 750.00 Td (NOTES ) Tj ET Q q 0 0 0 rg BT 180.67 750.00 Td (T) Tj ET Q q 0 0 0 rg BT 187.16 750.00 Td (O CONSOLIDA) Tj ET Q q 0 0 0 rg BT 257.26 750.00 Td (TED FINANCIAL) Tj ET Q q 0 0 0 rg BT 336.44 750.00 Td ( ST) Tj ET Q q 0 0 0 rg BT 350.43 750.00 Td (A) Tj ET Q q 0 0 0 rg BT 356.91 750.00 Td (TEMENTS \(Continued\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (132) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 731.25 Td (28) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 60.00 731.25 Td (. QUAR) Tj ET Q q 0 0 0 rg BT 94.09 731.25 Td (TERL) Tj ET Q q 0 0 0 rg BT 120.41 731.25 Td (Y) Tj ET Q q 0 0 0 rg BT 127.26 731.25 Td ( FINANCIAL) Tj ET Q q 0 0 0 rg BT 185.87 731.25 Td ( DA) Tj ET Q q 0 0 0 rg BT 202.08 731.25 Td (T) Tj ET Q q 0 0 0 rg BT 208.00 731.25 Td (A) Tj ET Q q 0 0 0 rg BT 214.67 731.25 Td ( \(UNAUDITED\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 708.45 Td (The following table summarizes quarterly financial data for the years ended ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 355.71 708.45 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 434.30 708.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 453.74 708.45 Td (2017) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.74 708.45 Td (:) Tj ET Q 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 662.95 225.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 662.95 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 662.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 662.95 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 662.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 662.95 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 662.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 662.95 54.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 662.95 4.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 662.95 55.00 -14.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 633.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 633.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 633.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 633.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 633.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 633.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 633.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 633.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 633.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 633.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 603.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 603.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 603.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 603.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 603.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 603.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 603.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 603.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 603.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 603.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 563.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 563.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 563.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 563.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 563.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 563.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 563.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 563.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 563.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 563.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 534.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 534.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 534.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 534.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 534.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 534.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 534.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 534.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 534.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 534.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 504.95 225.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 504.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 504.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 504.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 504.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 504.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 504.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 504.95 54.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 504.95 4.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 504.95 55.00 -15.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 50.50 474.95 225.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 275.50 474.95 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 329.50 474.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 333.50 474.95 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 387.50 474.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 391.50 474.95 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 445.50 474.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 449.50 474.95 54.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 503.50 474.95 4.00 -25.00 re f /GS0 gs 0.8 0.9333333333333333 1 rg /GS0 gs 507.50 474.95 55.00 -25.00 re f /GS0 gs 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 275.5 675.95 m 329.5 675.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 333.5 675.95 m 387.5 675.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 391.5 675.95 m 445.5 675.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 449.5 675.95 m 503.5 675.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 507.5 675.95 m 562.5 675.95 l s BT /F2 8.00 Tf ET q 0 0 0 rg BT 293.75 688.18 Td (First) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 288.05 680.18 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 347.75 688.18 Td (Second) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 346.05 680.18 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 407.95 688.18 Td (Third) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 404.05 680.18 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 464.00 688.18 Td (Fourth) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 462.05 680.18 Td (Quarter) Tj ET Q BT /F2 8.00 Tf ET q 0 0 0 rg BT 525.75 680.18 Td (T) Tj ET Q q 0 0 0 rg BT 530.35 680.18 Td (otal) Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 53.00 667.20 Td () Tj ET Q BT /F1 8.00 Tf ET q 0 0 0 rg BT 345.25 667.20 Td (\(Thousands of Dollars, Except Per Unit Data\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 653.68 Td (2018:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 639.52 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 638.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.15 638.62 Td (475,881) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 638.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 638.62 Td (486,204) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 638.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 638.62 Td (490,363) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 638.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 638.62 Td (509,309) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 638.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 638.62 Td (1,961,757) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 624.52 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 623.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 623.62 Td (98,480) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 623.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 623.62 Td (79,838) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 623.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 623.62 Td (95,277) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 623.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 623.62 Td (89,968) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 623.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 623.62 Td (363,563) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 609.52 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 608.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.15 608.62 Td (126,133) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 608.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 608.62 Td (29,399) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 608.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 608.62 Td (48,136) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 608.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 608.62 Td (2,126) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 608.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 608.62 Td (205,794) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 593.62 Td (Basic and diluted net income \(loss\) per common unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 593.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 593.62 Td (1.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 593.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 593.62 Td (0.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 593.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 420.80 593.67 Td (\(3.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 441.65 593.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 593.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 478.80 593.67 Td (\(0.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 499.65 593.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 593.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 537.80 593.67 Td (\(2.77) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 558.65 593.62 Td (\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 578.62 Td (Cash distributions per unit applicable to common) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 568.62 Td (limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 568.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 568.62 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 568.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 568.62 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 568.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 568.62 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 568.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 568.62 Td (0.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 568.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 568.62 Td (2.40) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 539.68 Td (2017:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 525.52 Td (Revenues) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 524.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 293.15 524.62 Td (487,430) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 524.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 351.15 524.62 Td (435,488) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 524.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 409.15 524.62 Td (440,566) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 524.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.15 524.62 Td (450,535) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 524.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 518.60 524.62 Td (1,814,019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 510.52 Td (Operating income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 509.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 509.62 Td (97,139) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 509.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 509.62 Td (73,404) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 509.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 509.62 Td (91,717) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 509.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 509.62 Td (74,018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 509.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 509.62 Td (336,278) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 495.52 Td (Net income) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 494.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.15 494.62 Td (57,940) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 494.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 356.15 494.62 Td (26,250) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 494.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 414.15 494.62 Td (38,592) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 494.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 472.15 494.62 Td (25,182) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 494.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 526.15 494.62 Td (147,964) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 480.52 Td (Basic and diluted net income per common unit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 479.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 308.15 479.62 Td (0.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 479.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 366.15 479.62 Td (0.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 479.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 424.15 479.62 Td (0.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 479.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 482.15 479.62 Td (0.00) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 479.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 541.15 479.62 Td (0.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 464.62 Td (Cash distributions per unit applicable to common) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 62.00 454.62 Td (limited partners) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 278.00 454.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 303.15 454.62 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 336.00 454.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 361.15 454.62 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 394.00 454.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 419.15 454.62 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 452.00 454.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 477.15 454.62 Td (1.095) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 510.00 454.62 Td ($) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 536.15 454.62 Td (4.380) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 423.45 Td (The quarterly financial data in the table above includes the impact of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 342.38 423.45 Td ($78.8 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 396.27 423.45 Td ( gain from hurricane insurance proceeds ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 411.45 Td (received in the first quarter of 2018 and the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 225.77 411.45 Td ($43.4 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 279.66 411.45 Td ( non-cash loss associated with the sale of our European operations in ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 399.45 Td (the fourth quarter of 2018. Please refer to Note 1 for further discussion of the hurricane insurance proceeds and Note 5 for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 387.45 Td (further discussion of the sale of our European operations.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 360.45 Td (Basic and diluted net income \(loss\) per common unit also includes the impact of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 388.53 360.45 Td ($377.1 million) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 447.42 360.45 Td ( loss as a result of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 348.45 Td (Mer) Tj ET Q q 0 0 0 rg BT 66.48 348.45 Td (ger) Tj ET Q q 0 0 0 rg BT 78.70 348.45 Td (. Please refer to Notes ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 169.22 348.45 Td (4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 174.22 348.45 Td ( and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 193.66 348.45 Td (21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.66 348.45 Td ( for further discussion.) Tj ET Q endstream endobj 267 0 obj <> endobj 268 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (133) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 742.25 Td (ITEM 9. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 742.25 Td (CHANGES IN ) Tj ET Q q 0 0 0 rg BT 187.01 742.25 Td (AND DISAGREEMENTS ) Tj ET Q q 0 0 0 rg BT 301.30 742.25 Td (WITH ) Tj ET Q q 0 0 0 rg BT 331.58 742.25 Td (ACCOUNT) Tj ET Q q 0 0 0 rg BT 381.40 742.25 Td (ANTS ON ) Tj ET Q q 0 0 0 rg BT 427.52 742.25 Td (ACCOUNTING ) Tj ET Q q 0 0 0 rg BT 498.92 742.25 Td (AND ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 730.25 Td (FINANCIAL) Tj ET Q q 0 0 0 rg BT 178.12 730.25 Td ( DISCLOSURE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 713.25 Td (None.) Tj ET Q BT /F1 14.00 Tf ET q 0 0 0 rg BT 50.00 696.45 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 684.45 Td (ITEM 9A. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 684.45 Td (CONTROLS ) Tj ET Q q 0 0 0 rg BT 180.07 684.45 Td (AND PROCEDURES) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 663.45 Td (DISCLOSURE CONTROLS ) Tj ET Q q 0 0 0 rg BT 170.21 663.45 Td (AND PROCEDURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 646.45 Td (Our management has evaluated, with the participation of the principal executive of) Tj ET Q q 0 0 0 rg BT 381.36 646.45 Td (ficer and principal financial of) Tj ET Q q 0 0 0 rg BT 502.79 646.45 Td (ficer of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 634.45 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 92.50 634.45 Td (, LLC, the ef) Tj ET Q q 0 0 0 rg BT 143.70 634.45 Td (fectiveness of our disclosure controls and procedures \(as defined in Rule 13a-15\(e\) under the Securities ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 622.45 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 91.37 622.45 Td (Act of 1934\) as of the end of the period covered by this report, and has concluded that our disclosure controls and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 610.45 Td (procedures were ef) Tj ET Q q 0 0 0 rg BT 125.88 610.45 Td (fective as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 177.25 610.45 Td (December31, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 255.83 610.45 Td (.) Tj ET Q BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 584.45 Td (INTERNAL) Tj ET Q q 0 0 0 rg BT 100.19 584.45 Td ( CONTROL) Tj ET Q q 0 0 0 rg BT 149.54 584.45 Td ( OVER FINANCIAL) Tj ET Q q 0 0 0 rg BT 236.42 584.45 Td ( REPORTING) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 569.45 Td (\(a\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 569.45 Td (Management) Tj ET Q q 0 0 0 rg BT 140.98 569.45 Td (s Report on Internal Control over Financial Reporting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 548.45 Td (Management) Tj ET Q q 0 0 0 rg BT 104.98 548.45 Td (s report on NuStar Ener) Tj ET Q q 0 0 0 rg BT 199.78 548.45 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 225.34 548.45 Td (.) Tj ET Q q 0 0 0 rg BT 230.62 548.45 Td (s internal control over financial reporting required by Item9A. appears in Item8. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 536.45 Td (of this Form 10-K, and is incorporated herein by reference.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 515.45 Td (\(b\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 515.45 Td (Attestation Report of the Registered Public ) Tj ET Q q 0 0 0 rg BT 260.41 515.45 Td (Accounting Firm.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 494.45 Td (The report of KPMG LLP) Tj ET Q q 0 0 0 rg BT 154.06 494.45 Td ( on NuStar Ener) Tj ET Q q 0 0 0 rg BT 218.58 494.45 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 244.15 494.45 Td (.) Tj ET Q q 0 0 0 rg BT 249.42 494.45 Td (s internal control over financial reporting appears in Item8. of this Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 482.45 Td (K, and is incorporated herein by reference.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 461.45 Td (\(c\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 461.45 Td (Changes in Internal Control over Financial Reporting.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 440.45 Td (There has been no change in our internal control over financial reporting that occurred during our last fiscal quarter that has ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 428.45 Td (materially af) Tj ET Q q 0 0 0 rg BT 100.63 428.45 Td (fected, or is reasonably likely to materially af) Tj ET Q q 0 0 0 rg BT 282.04 428.45 Td (fect, our internal control over financial reporting.) Tj ET Q BT /F1 14.00 Tf ET q 0 0 0 rg BT 50.00 411.65 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 399.65 Td (ITEM 9B. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 399.65 Td (OTHER INFORMA) Tj ET Q q 0 0 0 rg BT 208.76 399.65 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 382.65 Td (None.) Tj ET Q endstream endobj 269 0 obj <> endobj 270 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (134) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 285.90 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.27 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.36 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 311.85 742.25 Td ( III) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 718.25 Td (ITEM 10. ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 121.50 718.25 Td (DIRECT) Tj ET Q q 0 0 0 rg BT 160.22 718.25 Td (ORS, EXECUTIVE OFFICERS ) Tj ET Q q 0 0 0 rg BT 300.25 718.25 Td (AND CORPORA) Tj ET Q q 0 0 0 rg BT 374.22 718.25 Td (TE GOVERNANCE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 697.25 Td (Information required to be disclosed under this Item 10 is incorporated by reference to the following sections of our Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 685.25 Td (Statement for the 2019 annual meeting of unitholders, which is expected to be filed within 120 days after the end of the fiscal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 673.25 Td (year covered by this Form 10-K \(Proxy Statement\): Corporate Governance-Committees of the Board, Corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 661.25 Td (Governance-Governance Documents and Codes of Ethics, Corporate Governance-Communications with the Board of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 649.25 Td (Directors, Proposal No. 1 Election of Directors, Executive Of) Tj ET Q q 0 0 0 rg BT 313.39 649.25 Td (ficers and Security Ownership-Section 16\(a\) Beneficial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 637.25 Td (Ownership Reporting Compliance.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 49.50 604.25 Td (ITEM1) Tj ET Q q 0 0 0 rg BT 83.12 604.25 Td (1. ) Tj ET Q q 0 0 0 rg BT 121.50 604.25 Td (EXECUTIVE COMPENSA) Tj ET Q q 0 0 0 rg BT 239.94 604.25 Td (TION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 583.25 Td (Information required to be disclosed under this Item 1) Tj ET Q q 0 0 0 rg BT 265.18 583.25 Td (1 is incorporated by reference to the following sections of our Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 571.25 Td (Statement: Corporate Governance-Compensation Committee Interlocks and Insider Participation, Compensation Committee ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 559.25 Td (Report, Compensation Discussion and ) Tj ET Q q 0 0 0 rg BT 213.65 559.25 Td (Analysis, Evaluation of Compensation Risk, Summary Compensation ) Tj ET Q q 0 0 0 rg BT 513.14 559.25 Td (T) Tj ET Q q 0 0 0 rg BT 518.55 559.25 Td (able, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 547.25 Td (Pay Ratio, Grants of Plan-Based ) Tj ET Q q 0 0 0 rg BT 194.47 547.25 Td (A) Tj ET Q q 0 0 0 rg BT 200.77 547.25 Td (wards During the ) Tj ET Q q 0 0 0 rg BT 272.33 547.25 Td (Y) Tj ET Q q 0 0 0 rg BT 278.55 547.25 Td (ear Ended December 31, 2018, Outstanding Equity ) Tj ET Q q 0 0 0 rg BT 493.76 547.25 Td (A) Tj ET Q q 0 0 0 rg BT 500.07 547.25 Td (wards at ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 535.25 Td (December 31, 2018, Option Exercises and Units ) Tj ET Q q 0 0 0 rg BT 253.98 535.25 Td (V) Tj ET Q q 0 0 0 rg BT 260.10 535.25 Td (ested During the ) Tj ET Q q 0 0 0 rg BT 328.32 535.25 Td (Y) Tj ET Q q 0 0 0 rg BT 334.54 535.25 Td (ear Ended December 31, 2018, Pension Benefits for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 523.25 Td (the ) Tj ET Q q 0 0 0 rg BT 63.85 523.25 Td (Y) Tj ET Q q 0 0 0 rg BT 70.07 523.25 Td (ear Ended December 31, 2018, Nonqualified Deferred Compensation for the ) Tj ET Q q 0 0 0 rg BT 387.35 523.25 Td (Y) Tj ET Q q 0 0 0 rg BT 393.57 523.25 Td (ear Ended December 31, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 49.50 511.25 Td (Potential Payments Upon ) Tj ET Q q 0 0 0 rg BT 157.92 511.25 Td (T) Tj ET Q q 0 0 0 rg BT 163.33 511.25 Td (ermination or Change of Control and Director Compensation.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 478.25 Td (ITEM12. ) Tj ET Q q 0 0 0 rg BT 122.00 478.25 Td (SECURITY) Tj ET Q q 0 0 0 rg BT 173.31 478.25 Td ( OWNERSHIP) Tj ET Q q 0 0 0 rg BT 237.49 478.25 Td ( OF) Tj ET Q q 0 0 0 rg BT 253.50 478.25 Td ( CER) Tj ET Q q 0 0 0 rg BT 276.77 478.25 Td (T) Tj ET Q q 0 0 0 rg BT 282.69 478.25 Td (AIN BENEFICIAL) Tj ET Q q 0 0 0 rg BT 365.21 478.25 Td ( OWNERS ) Tj ET Q q 0 0 0 rg BT 414.11 478.25 Td (AND MANAGEMENT) Tj ET Q q 0 0 0 rg BT 513.65 478.25 Td ( ) Tj ET Q q 0 0 0 rg BT 515.60 478.25 Td (AND ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 466.25 Td (RELA) Tj ET Q q 0 0 0 rg BT 149.04 466.25 Td (TED UNITHOLDER MA) Tj ET Q q 0 0 0 rg BT 258.87 466.25 Td (TTERS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 445.25 Td (Information required to be disclosed under this Item 12 is incorporated by reference to the following sections of our Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 433.25 Td (Statement: Security Ownership-Security Ownership of Management and Directors, Security Ownership-Security Ownership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 421.25 Td (of Certain Beneficial Owners and Security Ownership-Equity Compensation Plan Information.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 388.25 Td (ITEM13. ) Tj ET Q q 0 0 0 rg BT 122.00 388.25 Td (CER) Tj ET Q q 0 0 0 rg BT 142.76 388.25 Td (T) Tj ET Q q 0 0 0 rg BT 148.69 388.25 Td (AIN RELA) Tj ET Q q 0 0 0 rg BT 196.57 388.25 Td (TIONSHIPS ) Tj ET Q q 0 0 0 rg BT 252.98 388.25 Td (AND RELA) Tj ET Q q 0 0 0 rg BT 304.18 388.25 Td (TED ) Tj ET Q q 0 0 0 rg BT 327.06 388.25 Td (TRANSACTIONS ) Tj ET Q q 0 0 0 rg BT 408.47 388.25 Td (AND DIRECT) Tj ET Q q 0 0 0 rg BT 471.36 388.25 Td (OR ) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 122.00 376.25 Td (INDEPENDENCE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 355.25 Td (Information required to be disclosed under this Item 13 is incorporated by reference to the following sections of our Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 343.25 Td (Statement: Corporate Governance-Director Independence, Corporate Governance-Committees of the Board and Certain ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 331.25 Td (Relationships and Related Party ) Tj ET Q q 0 0 0 rg BT 180.35 331.25 Td (T) Tj ET Q q 0 0 0 rg BT 186.11 331.25 Td (ransactions.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 298.25 Td (ITEM14. ) Tj ET Q q 0 0 0 rg BT 122.00 298.25 Td (PRINCIP) Tj ET Q q 0 0 0 rg BT 162.92 298.25 Td (AL) Tj ET Q q 0 0 0 rg BT 176.26 298.25 Td ( ) Tj ET Q q 0 0 0 rg BT 178.21 298.25 Td (ACCOUNT) Tj ET Q q 0 0 0 rg BT 228.03 298.25 Td (ANT) Tj ET Q q 0 0 0 rg BT 248.96 298.25 Td ( FEES ) Tj ET Q q 0 0 0 rg BT 278.42 298.25 Td (AND SER) Tj ET Q q 0 0 0 rg BT 321.68 298.25 Td (VICES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 277.25 Td (Information required to be disclosed under this Item 14 is incorporated by reference to the following sections of our Proxy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 265.25 Td (Statement: KPMG Fees and Audit Committee Pre-Approval Policy) Tj ET Q q 0 0 0 rg BT 331.80 265.25 Td (.) Tj ET Q endstream endobj 271 0 obj <> endobj 272 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (135) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 286.30 742.25 Td (P) Tj ET Q q 0 0 0 rg BT 291.67 742.25 Td (AR) Tj ET Q q 0 0 0 rg BT 305.76 742.25 Td (T) Tj ET Q q 0 0 0 rg BT 312.25 742.25 Td ( IV) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 718.25 Td (ITEM15. ) Tj ET Q q 0 0 0 rg BT 122.00 718.25 Td (EXHIBITS ) Tj ET Q q 0 0 0 rg BT 172.30 718.25 Td (AND FINANCIAL) Tj ET Q q 0 0 0 rg BT 252.59 718.25 Td ( ST) Tj ET Q q 0 0 0 rg BT 266.58 718.25 Td (A) Tj ET Q q 0 0 0 rg BT 273.05 718.25 Td (TEMENT) Tj ET Q q 0 0 0 rg BT 316.21 718.25 Td ( SCHEDULES) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 698.48 Td (\(a\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.30 698.48 Td (\(1) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.65 698.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.00 697.58 Td (Financial Statements) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 190.72 697.58 Td (. ) Tj ET Q q 0 0 0 rg BT 195.54 697.58 Td (The following consolidated financial statements of NuStar Ener) Tj ET Q q 0 0 0 rg BT 450.56 697.58 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 476.12 697.58 Td (. and its subsidiaries are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 687.42 Td (included in Part II, Item8 of this Form 10-K:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 672.42 Td (Management) Tj ET Q q 0 0 0 rg BT 155.98 672.42 Td (s Report on Internal Control over Financial Reporting) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 662.42 Td (Reports of Independent Registered Public ) Tj ET Q q 0 0 0 rg BT 270.13 662.42 Td (Accounting Firm \(KPMG LLP\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 652.42 Td (Consolidated Balance Sheets as of December31, 2018 and 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 642.42 Td (Consolidated Statements of Income for the ) Tj ET Q q 0 0 0 rg BT 274.48 642.42 Td (Y) Tj ET Q q 0 0 0 rg BT 280.70 642.42 Td (ears Ended December31, 2018, 2017 and 2016 ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 632.42 Td (Consolidated Statements of Comprehensive Income for the ) Tj ET Q q 0 0 0 rg BT 339.74 632.42 Td (Y) Tj ET Q q 0 0 0 rg BT 345.96 632.42 Td (ears Ended December31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 622.42 Td (Consolidated Statements of Cash Flows for the ) Tj ET Q q 0 0 0 rg BT 291.44 622.42 Td (Y) Tj ET Q q 0 0 0 rg BT 297.67 622.42 Td (ears Ended December31, 2018, 2017 and 2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 612.42 Td (Consolidated Statements of Partners) Tj ET Q q 0 0 0 rg BT 248.84 612.42 Td ( Equity and Mezzanine Equity for the ) Tj ET Q q 0 0 0 rg BT 401.48 612.42 Td (Y) Tj ET Q q 0 0 0 rg BT 407.70 612.42 Td (ears Ended December31, 2018, 2017 and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 602.42 Td (2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 592.42 Td (Notes to Consolidated Financial Statements) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.30 578.48 Td (\(2) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.65 578.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.00 577.58 Td (Financial Statement Schedules and Other) Tj ET Q q 0 0 0 rg BT 278.05 577.58 Td ( Financial Information.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 377.77 577.58 Td ( No financial statement schedules are submitted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 567.42 Td (because either they are inapplicable or because the required information is included in the consolidated financial ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 557.42 Td (statements or notes thereto.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 82.30 543.48 Td (\(3) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 90.65 543.48 Td (\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 101.00 543.48 Td (Exhibits.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 101.00 529.32 Td (The following are filed or furnished, as applicable, as part of this Form 10-K:) Tj ET Q BT /F1 10.00 Tf ET BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 514.45 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 480.95000000000005 m 93.5 480.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 480.95000000000005 m 327.5 480.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 480.95000000000005 m 561.5 480.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 59.450000000000045 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 59.450000000000045 m 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 59.450000000000045 m BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 494.68 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 484.68 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 485.63 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 494.68 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 494.68 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 484.68 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 467.52 Td (2.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 467.52 Td (Membership Interest Purchase and Sale ) Tj ET Q q 0 0 0 rg BT 276.23 467.52 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 457.52 Td (dated ) Tj ET Q q 0 0 0 rg BT 139.60 457.52 Td (April 1) Tj ET Q q 0 0 0 rg BT 167.84 457.52 Td (1, 2017, by and between NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 447.52 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 447.52 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 447.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 447.52 Td (. and FR ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 437.52 Td (Navigator Holdings LLC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 467.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 467.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 467.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 467.52 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 457.52 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.55 457.52 Td (April 1) Tj ET Q q 0 0 0 rg BT 398.70 457.52 Td (1, 2017 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 447.52 Td (2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 417.52 Td (2.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 417.52 Td (Agreement and Plan of Mer) Tj ET Q q 0 0 0 rg BT 227.45 417.52 Td (ger) Tj ET Q q 0 0 0 rg BT 239.82 417.52 Td (, dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 407.52 Td (February 7, 2018, by and among NuStar Ener) Tj ET Q q 0 0 0 rg BT 298.28 407.52 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 397.52 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 397.52 Td (., Riverwalk Logistics, L.P) Tj ET Q q 0 0 0 rg BT 235.44 397.52 Td (., NuStar GP) Tj ET Q q 0 0 0 rg BT 285.45 397.52 Td (, LLC, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 387.52 Td (Marshall Mer) Tj ET Q q 0 0 0 rg BT 170.53 387.52 Td (ger Sub LLC, Riverwalk Holdings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 377.52 Td (LLC and NuStar GP) Tj ET Q q 0 0 0 rg BT 197.57 377.52 Td ( Holdings, LLC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 417.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 417.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 417.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 417.52 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 407.52 Td (filed February 8, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 397.52 Td (Exhibit 2.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 356.52 Td (3.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 356.52 Td (Amended and Restated Certificate of Limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 346.52 Td (Partnership of Shamrock Logistics, L.P) Tj ET Q q 0 0 0 rg BT 272.65 346.52 Td (., ef) Tj ET Q q 0 0 0 rg BT 287.74 346.52 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 336.52 Td (January 1, 2002) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 356.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 356.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 356.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 356.52 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 356.52 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 346.52 Td (for year ended December31,2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 336.52 Td (001-16417\), Exhibit3.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 318.52 Td (3.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 318.52 Td (Amendment to Certificate of Limited Partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 308.52 Td (of ) Tj ET Q q 0 0 0 rg BT 126.65 308.52 Td (V) Tj ET Q q 0 0 0 rg BT 132.76 308.52 Td (alero L.P) Tj ET Q q 0 0 0 rg BT 168.31 308.52 Td (., dated March 21, 2007 and ef) Tj ET Q q 0 0 0 rg BT 290.59 308.52 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 298.52 Td (April 1, 2007) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 318.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 318.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 318.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 318.52 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 308.52 Td (filed March 27, 2007 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 298.52 Td (3.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 280.52 Td (3.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 280.52 Td (Eighth ) Tj ET Q q 0 0 0 rg BT 144.61 280.52 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 239.31 280.52 Td (Agreement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 270.52 Td (Limited Partnership of NuStar Ener) Tj ET Q q 0 0 0 rg BT 258.56 270.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 284.13 270.52 Td (., dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 260.52 Td (as of July 20, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 280.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 280.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 280.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 280.52 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 270.52 Td (filed July 20, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 260.52 Td (Exhibit3.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 242.52 Td (3.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 242.52 Td (Amended and Restated Certificate of Limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 232.52 Td (Partnership of Shamrock Logistics Operations, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 222.52 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 222.52 Td (., dated as of January 7, 2002 and ef) Tj ET Q q 0 0 0 rg BT 273.00 222.52 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 212.52 Td (January 8, 2002) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 242.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 242.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 242.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 242.52 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 242.52 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 232.52 Td (for year ended December 31, 2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 222.52 Td (001-16417\), Exhibit 3.8) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 194.52 Td (3.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 194.52 Td (Certificate of ) Tj ET Q q 0 0 0 rg BT 170.98 194.52 Td (Amendment to Certificate of Limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 184.52 Td (Partnership of ) Tj ET Q q 0 0 0 rg BT 174.70 184.52 Td (V) Tj ET Q q 0 0 0 rg BT 180.81 184.52 Td (alero Logistics Operations, L.P) Tj ET Q q 0 0 0 rg BT 304.40 184.52 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 174.52 Td (dated March 21, 2007 and ef) Tj ET Q q 0 0 0 rg BT 230.78 174.52 Td (fective ) Tj ET Q q 0 0 0 rg BT 259.93 174.52 Td (April 1, 2007) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 194.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 194.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 194.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 194.52 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 184.52 Td (Q for quarter ended March 31, 2007 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 174.52 Td (001-16417\), Exhibit 3.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 154.52 Td (3.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 154.52 Td (Certificate of ) Tj ET Q q 0 0 0 rg BT 170.98 154.52 Td (Amendment to Certificate of Limited ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 144.52 Td (Partnership of NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 260.43 144.52 Td (., dated and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 134.52 Td (ef) Tj ET Q q 0 0 0 rg BT 123.59 134.52 Td (fective as of March 18, 2014) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 154.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 154.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 154.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 154.52 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 154.52 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 144.52 Td (for year ended December 31, 2014 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 134.52 Td (001-16417\), Exhibit 3.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 116.52 Td (3.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 116.52 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 116.52 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 242.08 116.52 Td (Agreement of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 106.52 Td (Limited Partnership of Shamrock Logistics ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 96.52 Td (Operations, L.P) Tj ET Q q 0 0 0 rg BT 177.94 96.52 Td (., dated as of ) Tj ET Q q 0 0 0 rg BT 230.70 96.52 Td (April 16, 2001) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 116.52 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 116.52 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 116.52 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 116.52 Td (s ) Tj ET Q q 0 0 0 rg BT 436.21 116.52 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 106.52 Td (for year ended December 31, 2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 96.52 Td (001-16417\), Exhibit3.9) Tj ET Q endstream endobj 273 0 obj <> endobj 274 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (136) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 692.5 m 93.5 692.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 692.5 m 327.5 692.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 692.5 m 561.5 692.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 707.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 697.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 697.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 707.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 707.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 697.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 679.07 Td (3.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 679.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 679.07 Td (Amendment to Second ) Tj ET Q q 0 0 0 rg BT 229.89 679.07 Td (Amended and Restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 669.07 Td (Agreement of Limited Partnership of Shamrock ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 659.07 Td (Logistics Operations, L.P) Tj ET Q q 0 0 0 rg BT 217.10 659.07 Td (., ef) Tj ET Q q 0 0 0 rg BT 232.19 659.07 Td (fective as of ) Tj ET Q q 0 0 0 rg BT 283.00 659.07 Td (April 16, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 649.07 Td (2001) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 679.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 679.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 679.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 679.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 669.07 Td (Q for quarter ended June 30, 2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 659.07 Td (001-16417\), Exhibit 4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 631.07 Td (3.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 631.07 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 631.07 Td (Amendment to Second ) Tj ET Q q 0 0 0 rg BT 240.99 631.07 Td (Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 621.07 Td (Restated ) Tj ET Q q 0 0 0 rg BT 152.38 621.07 Td (Agreement of Limited Partnership of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 611.07 Td (Shamrock Logistics Operations, L.P) Tj ET Q q 0 0 0 rg BT 260.15 611.07 Td (., dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 601.07 Td (January 7, 2002) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 631.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 631.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 631.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 631.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 631.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 621.07 Td (for year ended December 31, 2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 611.07 Td (001-16417\), Exhibit3.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 583.07 Td (3.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 583.07 Td (Certificate of Limited Partnership of Riverwalk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 573.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 573.07 Td (., dated as of June 5, 2000) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 583.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 583.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 583.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 583.07 Td (s Registration Statement on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 573.07 Td (Form S-1 filed ) Tj ET Q q 0 0 0 rg BT 411.11 573.07 Td (August 14, 2000 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 563.07 Td (333-43668\), Exhibit3.7) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 545.07 Td (3.1) Tj ET Q q 0 0 0 rg BT 84.65 545.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 545.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 545.07 Td (Amended and Restated Limited Partnership ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 535.07 Td (Agreement of Riverwalk Logistics, L.P) Tj ET Q q 0 0 0 rg BT 272.64 535.07 Td (., dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 525.07 Td (April 16, 2001) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 545.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 545.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 545.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 545.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 545.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 535.07 Td (for year ended December 31, 2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 525.07 Td (001-16417\), Exhibit 3.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 507.07 Td (3.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 507.07 Td (Certificate of Formation of Shamrock Logistics GP) Tj ET Q q 0 0 0 rg BT 320.41 507.07 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 497.07 Td (LLC, dated as of December 7, 1999) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 507.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 507.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 507.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 507.07 Td (s Registration Statement on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 497.07 Td (Form S-1 filed ) Tj ET Q q 0 0 0 rg BT 411.11 497.07 Td (August 14, 2000 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 487.07 Td (333-43668\), Exhibit3.9) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 469.07 Td (3.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 469.07 Td (Certificate of ) Tj ET Q q 0 0 0 rg BT 170.98 469.07 Td (Amendment to Certificate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 459.07 Td (Formation of Shamrock Logistics GP) Tj ET Q q 0 0 0 rg BT 264.88 459.07 Td (, LLC, dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 449.07 Td (as of December 31, 2001) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 469.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 469.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 469.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 469.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 469.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 459.07 Td (for year ended December 31, 2001 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 449.07 Td (001-16417\), Exhibit 3.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 431.07 Td (3.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 431.07 Td (Certificate of ) Tj ET Q q 0 0 0 rg BT 170.98 431.07 Td (Amendment to Certificate of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 421.07 Td (Formation of ) Tj ET Q q 0 0 0 rg BT 170.81 421.07 Td (V) Tj ET Q q 0 0 0 rg BT 176.93 421.07 Td (alero GP) Tj ET Q q 0 0 0 rg BT 211.09 421.07 Td (, LLC, dated March 21, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 411.07 Td (2007 and ef) Tj ET Q q 0 0 0 rg BT 163.03 411.07 Td (fective ) Tj ET Q q 0 0 0 rg BT 192.18 411.07 Td (April 1, 2007) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 431.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 431.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 431.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 431.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 421.07 Td (Q for quarter ended March 31, 2007 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 411.07 Td (001-16417\), Exhibit 3.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 393.07 Td (3.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 393.07 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 393.07 Td (Amended and Restated Limited Liability ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 383.07 Td (Company ) Tj ET Q q 0 0 0 rg BT 156.83 383.07 Td (Agreement of NuStar GP) Tj ET Q q 0 0 0 rg BT 257.09 383.07 Td (, LLC, dated as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 373.07 Td (of July 20, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 393.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 393.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 393.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 393.07 Td (s Current Report on Form8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 383.07 Td (filed July20,2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 373.07 Td (Exhibit3.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 353.07 Td (4.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 353.07 Td (Indenture, dated as of July15,2002, among ) Tj ET Q q 0 0 0 rg BT 293.84 353.07 Td (V) Tj ET Q q 0 0 0 rg BT 299.95 353.07 Td (alero ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 343.07 Td (Logistics Operations, L.P) Tj ET Q q 0 0 0 rg BT 217.10 343.07 Td (., as Issuer) Tj ET Q q 0 0 0 rg BT 258.92 343.07 Td (, ) Tj ET Q q 0 0 0 rg BT 263.73 343.07 Td (V) Tj ET Q q 0 0 0 rg BT 269.85 343.07 Td (alero L.P) Tj ET Q q 0 0 0 rg BT 305.39 343.07 Td (., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 333.07 Td (Guarantor) Tj ET Q q 0 0 0 rg BT 156.14 333.07 Td (, and ) Tj ET Q q 0 0 0 rg BT 177.89 333.07 Td (The Bank of New ) Tj ET Q q 0 0 0 rg BT 251.39 333.07 Td (Y) Tj ET Q q 0 0 0 rg BT 257.61 333.07 Td (ork, as ) Tj ET Q q 0 0 0 rg BT 286.59 333.07 Td (T) Tj ET Q q 0 0 0 rg BT 292.35 333.07 Td (rustee, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 323.07 Td (relating to Senior Debt Securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 353.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 353.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 353.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 353.07 Td (s Current Report on Form8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 343.07 Td (filed July15,2002 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 333.07 Td (Exhibit4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 305.07 Td (4.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 305.07 Td (Third Supplemental Indenture, dated as of July 1, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 295.07 Td (2005, to Indenture dated as of July15,2002, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 285.07 Td (amended and supplemented, among ) Tj ET Q q 0 0 0 rg BT 261.61 285.07 Td (V) Tj ET Q q 0 0 0 rg BT 267.72 285.07 Td (alero ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 275.07 Td (Logistics Operations, L.P) Tj ET Q q 0 0 0 rg BT 217.10 275.07 Td (., ) Tj ET Q q 0 0 0 rg BT 224.42 275.07 Td (V) Tj ET Q q 0 0 0 rg BT 230.54 275.07 Td (alero L.P) Tj ET Q q 0 0 0 rg BT 266.08 275.07 Td (., Kaneb Pipe ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 265.07 Td (Line Operating Partnership, L.P) Tj ET Q q 0 0 0 rg BT 242.92 265.07 Td (., and ) Tj ET Q q 0 0 0 rg BT 267.18 265.07 Td (The Bank of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 255.07 Td (New ) Tj ET Q q 0 0 0 rg BT 137.01 255.07 Td (Y) Tj ET Q q 0 0 0 rg BT 143.23 255.07 Td (ork ) Tj ET Q q 0 0 0 rg BT 158.88 255.07 Td (T) Tj ET Q q 0 0 0 rg BT 164.64 255.07 Td (rust Company) Tj ET Q q 0 0 0 rg BT 220.38 255.07 Td (, N.A.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 305.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 305.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 305.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 305.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 295.07 Td (Q for quarter ended June 30, 2005 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 285.07 Td (001-16417\), Exhibit 4.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 237.07 Td (4.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 237.07 Td (Instrument of Resignation, ) Tj ET Q q 0 0 0 rg BT 224.88 237.07 Td (Appointment and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 227.07 Td (Acceptance, dated March 31, 2008, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 217.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 217.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 217.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 217.07 Td (., Kaneb Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 207.07 Td (Operating Partnership, L.P) Tj ET Q q 0 0 0 rg BT 222.09 207.07 Td (., ) Tj ET Q q 0 0 0 rg BT 229.41 207.07 Td (The Bank of New ) Tj ET Q q 0 0 0 rg BT 302.91 207.07 Td (Y) Tj ET Q q 0 0 0 rg BT 309.13 207.07 Td (ork ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 197.07 Td (T) Tj ET Q q 0 0 0 rg BT 121.76 197.07 Td (rust Company N.A., and ) Tj ET Q q 0 0 0 rg BT 221.84 197.07 Td (W) Tj ET Q q 0 0 0 rg BT 230.48 197.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 260.02 197.07 Td (go Bank, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 187.07 Td (National ) Tj ET Q q 0 0 0 rg BT 152.38 187.07 Td (Association) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 237.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 237.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 237.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 237.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 237.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 227.07 Td (for year ended December31,2008 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 217.07 Td (001-16417\), Exhibit4.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 169.07 Td (4.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 169.07 Td (Fifth Supplemental Indenture, dated as of ) Tj ET Q q 0 0 0 rg BT 284.02 169.07 Td (August ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 159.07 Td (12, 2010, to Indenture dated as of July 15, 2002, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 149.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 149.07 Td (., as Issuer) Tj ET Q q 0 0 0 rg BT 273.08 149.07 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 139.07 Td (Ener) Tj ET Q q 0 0 0 rg BT 134.70 139.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 160.26 139.07 Td (., as Guarantor) Tj ET Q q 0 0 0 rg BT 218.72 139.07 Td (, NuStar Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 129.07 Td (Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 219.59 129.07 Td (., as ) Tj ET Q q 0 0 0 rg BT 237.37 129.07 Td (Af) Tj ET Q q 0 0 0 rg BT 247.74 129.07 Td (filiate Guarantor) Tj ET Q q 0 0 0 rg BT 313.70 129.07 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 119.07 Td (and ) Tj ET Q q 0 0 0 rg BT 132.76 119.07 Td (W) Tj ET Q q 0 0 0 rg BT 141.40 119.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 170.93 119.07 Td (go Bank, National ) Tj ET Q q 0 0 0 rg BT 245.92 119.07 Td (Association, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 109.07 Td (Successor ) Tj ET Q q 0 0 0 rg BT 158.31 109.07 Td (T) Tj ET Q q 0 0 0 rg BT 164.07 109.07 Td (rustee) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 169.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 169.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 169.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 169.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 159.07 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.27 159.07 Td (August 16, 2010 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 149.07 Td (Exhibit4.3) Tj ET Q endstream endobj 275 0 obj <> endobj 276 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (137) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 688.5 m 93.5 688.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 688.5 m 327.5 688.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 688.5 m 561.5 688.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 703.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 693.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 693.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 703.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 703.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 693.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 675.07 Td (4.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 675.07 Td (Sixth Supplemental Indenture, dated as of February ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 665.07 Td (2, 2012, to Indenture dated as of July 15, 2002, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 655.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 655.07 Td (., as Issuer) Tj ET Q q 0 0 0 rg BT 273.08 655.07 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 645.07 Td (Ener) Tj ET Q q 0 0 0 rg BT 134.70 645.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 160.26 645.07 Td (., as Guarantor) Tj ET Q q 0 0 0 rg BT 218.72 645.07 Td (, NuStar Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 635.07 Td (Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 219.59 635.07 Td (., as ) Tj ET Q q 0 0 0 rg BT 237.37 635.07 Td (Af) Tj ET Q q 0 0 0 rg BT 247.74 635.07 Td (filiate Guarantor) Tj ET Q q 0 0 0 rg BT 313.70 635.07 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 625.07 Td (and ) Tj ET Q q 0 0 0 rg BT 132.76 625.07 Td (W) Tj ET Q q 0 0 0 rg BT 141.40 625.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 170.93 625.07 Td (go Bank, National ) Tj ET Q q 0 0 0 rg BT 245.92 625.07 Td (Association, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 615.07 Td (Successor ) Tj ET Q q 0 0 0 rg BT 158.31 615.07 Td (T) Tj ET Q q 0 0 0 rg BT 164.07 615.07 Td (rustee) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 675.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 675.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 675.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 675.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 665.07 Td (filed February 7, 2012 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 655.07 Td (Exhibit4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 597.07 Td (4.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 597.07 Td (Seventh Supplemental Indenture, dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 587.07 Td (August 19, 2013, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 302.67 587.07 Td (., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 577.07 Td (Issuer) Tj ET Q q 0 0 0 rg BT 139.48 577.07 Td (, NuStar Ener) Tj ET Q q 0 0 0 rg BT 194.01 577.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 219.57 577.07 Td (., as Guarantor) Tj ET Q q 0 0 0 rg BT 278.04 577.07 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 567.07 Td (Pipeline Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 254.87 567.07 Td (., as ) Tj ET Q q 0 0 0 rg BT 272.65 567.07 Td (Af) Tj ET Q q 0 0 0 rg BT 283.02 567.07 Td (filiate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 557.07 Td (Guarantor) Tj ET Q q 0 0 0 rg BT 156.14 557.07 Td (, and ) Tj ET Q q 0 0 0 rg BT 177.89 557.07 Td (W) Tj ET Q q 0 0 0 rg BT 186.53 557.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 216.07 557.07 Td (go Bank, National ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 547.07 Td (Association, as Successor ) Tj ET Q q 0 0 0 rg BT 221.36 547.07 Td (T) Tj ET Q q 0 0 0 rg BT 227.11 547.07 Td (rustee) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 597.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 597.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 597.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 597.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 587.07 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.55 587.07 Td (August 23, 2013 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 577.07 Td (Exhibit4.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 529.07 Td (4.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 529.07 Td (Eighth Supplemental Indenture, dated as of ) Tj ET Q q 0 0 0 rg BT 291.23 529.07 Td (April ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 519.07 Td (28, 2017, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 271.27 519.07 Td (., as Issuer) Tj ET Q q 0 0 0 rg BT 313.08 519.07 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 509.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 509.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 509.07 Td (., as Guarantor) Tj ET Q q 0 0 0 rg BT 249.55 509.07 Td (, NuStar Pipeline ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 499.07 Td (Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 219.59 499.07 Td (., as ) Tj ET Q q 0 0 0 rg BT 237.37 499.07 Td (Af) Tj ET Q q 0 0 0 rg BT 247.74 499.07 Td (filiate Guarantor) Tj ET Q q 0 0 0 rg BT 313.70 499.07 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 489.07 Td (and ) Tj ET Q q 0 0 0 rg BT 132.76 489.07 Td (W) Tj ET Q q 0 0 0 rg BT 141.40 489.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 170.93 489.07 Td (go Bank, National ) Tj ET Q q 0 0 0 rg BT 245.92 489.07 Td (Association, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 479.07 Td (Successor ) Tj ET Q q 0 0 0 rg BT 158.31 479.07 Td (T) Tj ET Q q 0 0 0 rg BT 164.07 479.07 Td (rustee) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 529.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 529.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 529.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 529.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 519.07 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.55 519.07 Td (April 28, 2017 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 509.07 Td (4.4) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.15 459.07 Td (4.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 459.07 Td (Indenture, dated as of January 22, 2013, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 449.07 Td (NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 201.56 449.07 Td (., as Issuer) Tj ET Q q 0 0 0 rg BT 243.37 449.07 Td (, NuStar Ener) Tj ET Q q 0 0 0 rg BT 297.89 449.07 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 439.07 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 439.07 Td (., as Guarantor) Tj ET Q q 0 0 0 rg BT 187.53 439.07 Td (, and ) Tj ET Q q 0 0 0 rg BT 209.29 439.07 Td (W) Tj ET Q q 0 0 0 rg BT 217.92 439.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 247.46 439.07 Td (go Bank, National ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 429.07 Td (Association, as ) Tj ET Q q 0 0 0 rg BT 178.87 429.07 Td (T) Tj ET Q q 0 0 0 rg BT 184.62 429.07 Td (rustee, relating to Subordinated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 419.07 Td (Debt Securities) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 459.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 459.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 459.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 459.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 449.07 Td (filed January 22, 2013 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 439.07 Td (Exhibit 4.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 401.07 Td (4.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 401.07 Td (First Supplemental Indenture, dated as of January ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 391.07 Td (22, 2013, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 271.27 391.07 Td (., as Issuer) Tj ET Q q 0 0 0 rg BT 313.08 391.07 Td (, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 381.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 381.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 381.07 Td (., as Parent Guarantor) Tj ET Q q 0 0 0 rg BT 277.60 381.07 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 371.07 Td (Pipeline Operating Partnership L.P) Tj ET Q q 0 0 0 rg BT 254.87 371.07 Td (., as ) Tj ET Q q 0 0 0 rg BT 272.65 371.07 Td (Af) Tj ET Q q 0 0 0 rg BT 283.02 371.07 Td (filiate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 361.07 Td (Guarantor) Tj ET Q q 0 0 0 rg BT 156.14 361.07 Td (, and ) Tj ET Q q 0 0 0 rg BT 177.89 361.07 Td (W) Tj ET Q q 0 0 0 rg BT 186.53 361.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 216.07 361.07 Td (go Bank, National ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 351.07 Td (Association, as ) Tj ET Q q 0 0 0 rg BT 178.87 351.07 Td (T) Tj ET Q q 0 0 0 rg BT 184.62 351.07 Td (rustee) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 401.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 401.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 401.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 401.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 391.07 Td (filed January 22, 2013 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 381.07 Td (Exhibit 4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 72.50 333.07 Td (4.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 333.07 Td (Registration Rights ) Tj ET Q q 0 0 0 rg BT 195.45 333.07 Td (Agreement, dated as of June ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 323.07 Td (29, 2018, by and among NuStar Ener) Tj ET Q q 0 0 0 rg BT 264.68 323.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 290.24 323.07 Td (. and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 313.07 Td (the Purchasers party thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 333.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 333.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 333.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 333.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 323.07 Td (filed June 29, 2018 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 313.07 Td (4.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 293.07 Td (10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 293.07 Td (Amended and Restated 5-Y) Tj ET Q q 0 0 0 rg BT 225.80 293.07 Td (ear Revolving Credit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 283.07 Td (Agreement, dated as of October 29, 2014, among ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 273.07 Td (NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 201.56 273.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 258.58 273.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 284.14 273.07 Td (., the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 263.07 Td (Lenders party thereto and JPMor) Tj ET Q q 0 0 0 rg BT 247.45 263.07 Td (gan Chase Bank, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 253.07 Td (N.A., as ) Tj ET Q q 0 0 0 rg BT 150.72 253.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 212.66 253.07 Td (Agent, SunT) Tj ET Q q 0 0 0 rg BT 263.42 253.07 Td (rust Bank and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 243.07 Td (Mizuho Bank, Ltd., as Co-Syndication ) Tj ET Q q 0 0 0 rg BT 272.66 243.07 Td (Agents, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 233.07 Td (W) Tj ET Q q 0 0 0 rg BT 124.64 233.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 154.17 233.07 Td (go Bank, National ) Tj ET Q q 0 0 0 rg BT 229.16 233.07 Td (Association and PNC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 223.07 Td (Bank, National ) Tj ET Q q 0 0 0 rg BT 178.49 223.07 Td (Association, as Co-Documentation ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 213.07 Td (Agents, and J.P) Tj ET Q q 0 0 0 rg BT 177.11 213.07 Td (. Mor) Tj ET Q q 0 0 0 rg BT 199.15 213.07 Td (gan Securities LLC, SunT) Tj ET Q q 0 0 0 rg BT 303.23 213.07 Td (rust ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 203.07 Td (Robinson Humphrey) Tj ET Q q 0 0 0 rg BT 198.96 203.07 Td (, Inc., Mizuho Bank, Ltd., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 193.07 Td (W) Tj ET Q q 0 0 0 rg BT 124.64 193.07 Td (ells Far) Tj ET Q q 0 0 0 rg BT 154.17 193.07 Td (go Securities, LLC and PNC Capital ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 183.07 Td (Markets LLC, as Joint Bookrunners and Joint Lead ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 173.07 Td (Arrangers) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 293.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 293.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 293.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 293.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 283.07 Td (filed October 31, 2014 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 273.07 Td (Exhibit 10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 154.07 Td (10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 154.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 154.07 Td (Amendment to ) Tj ET Q q 0 0 0 rg BT 197.95 154.07 Td (Amended and Restated 5-Y) Tj ET Q q 0 0 0 rg BT 307.75 154.07 Td (ear ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 144.07 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 187.11 144.07 Td (Agreement, dated as of March 19, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 134.07 Td (2015, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 256.27 134.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 313.30 134.07 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 124.07 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 124.07 Td (., JPMor) Tj ET Q q 0 0 0 rg BT 163.06 124.07 Td (gan Chase Bank, N.A., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 114.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 114.07 Td (Agent, and the Lenders party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 104.07 Td (thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 154.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 154.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 154.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 154.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 144.07 Td (Q for quarter ended June 30, 2015 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 134.07 Td (001-16417\), Exhibit 10.01) Tj ET Q endstream endobj 277 0 obj <> endobj 278 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (138) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 689.5 m 93.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 689.5 m 327.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 689.5 m 561.5 689.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 704.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 694.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 694.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 704.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 704.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 694.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 676.07 Td (10.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 676.07 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 676.07 Td (Amendment to ) Tj ET Q q 0 0 0 rg BT 209.05 676.07 Td (Amended and Restated 5-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 666.07 Td (Y) Tj ET Q q 0 0 0 rg BT 122.22 666.07 Td (ear Revolving Credit ) Tj ET Q q 0 0 0 rg BT 208.04 666.07 Td (Agreement, dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 656.07 Td (August 22, 2017, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 302.67 656.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 646.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 646.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 646.07 Td (., JPMor) Tj ET Q q 0 0 0 rg BT 225.08 646.07 Td (gan Chase Bank, N.A., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 636.07 Td (as ) Tj ET Q q 0 0 0 rg BT 126.28 636.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 188.22 636.07 Td (Agent, and the Lenders party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 626.07 Td (thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 676.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 676.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 676.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 676.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 666.07 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.55 666.07 Td (August 22, 2017 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 656.07 Td (Exhibit 10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 608.07 Td (10.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 608.07 Td (Third ) Tj ET Q q 0 0 0 rg BT 140.17 608.07 Td (Amendment to ) Tj ET Q q 0 0 0 rg BT 201.83 608.07 Td (Amended and Restated 5-Y) Tj ET Q q 0 0 0 rg BT 311.63 608.07 Td (ear ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 598.07 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 187.11 598.07 Td (Agreement, dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 588.07 Td (November 22, 2017, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 315.98 588.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 578.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 578.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 578.07 Td (., JPMor) Tj ET Q q 0 0 0 rg BT 225.08 578.07 Td (gan Chase Bank, N.A., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 568.07 Td (as ) Tj ET Q q 0 0 0 rg BT 126.28 568.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 188.22 568.07 Td (Agent, and the Lenders party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 558.07 Td (thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 608.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 608.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 608.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 608.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 598.07 Td (filed November 22, 2017 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 588.07 Td (Exhibit 10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 541.07 Td (10.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 541.07 Td (Fourth ) Tj ET Q q 0 0 0 rg BT 144.62 541.07 Td (Amendment to ) Tj ET Q q 0 0 0 rg BT 206.28 541.07 Td (Amended and Restated 5-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 531.07 Td (Y) Tj ET Q q 0 0 0 rg BT 122.22 531.07 Td (ear Revolving Credit ) Tj ET Q q 0 0 0 rg BT 208.04 531.07 Td (Agreement, dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 521.07 Td (March 28, 2018, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 299.87 521.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 511.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 511.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 511.07 Td (., JPMor) Tj ET Q q 0 0 0 rg BT 225.08 511.07 Td (gan Chase Bank, N.A., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 501.07 Td (as ) Tj ET Q q 0 0 0 rg BT 126.28 501.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 188.22 501.07 Td (Agent, and the Lenders party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 491.07 Td (thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 541.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 541.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 541.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 541.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 531.07 Td (filed March 28, 2018 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 521.07 Td (10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 474.07 Td (10.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 474.07 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 137.40 474.07 Td (Amendment to ) Tj ET Q q 0 0 0 rg BT 199.06 474.07 Td (Amended and Restated 5-Y) Tj ET Q q 0 0 0 rg BT 308.86 474.07 Td (ear ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 464.07 Td (Revolving Credit ) Tj ET Q q 0 0 0 rg BT 187.11 464.07 Td (Agreement, dated as of June 29, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 454.07 Td (2018, among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 256.27 454.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 313.30 454.07 Td (gy ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 444.07 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 444.07 Td (., JPMor) Tj ET Q q 0 0 0 rg BT 163.06 444.07 Td (gan Chase Bank, N.A., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 434.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 434.07 Td (Agent, and the Lenders party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 424.07 Td (thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 474.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 474.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 474.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 474.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 464.07 Td (filed June 29, 2018 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 454.07 Td (10.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 405.07 Td (10.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 405.07 Td (Lease ) Tj ET Q q 0 0 0 rg BT 141.26 405.07 Td (Agreement Between Parish of St. James, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 395.07 Td (State of Louisiana and NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 293.75 395.07 Td (. dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 385.07 Td (as of July1, 2010) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 405.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 405.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 405.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 405.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 395.07 Td (filed July 21, 2010 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 385.07 Td (10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 367.07 Td (10.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 367.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 367.07 Td (Agreement dated June 5, 2012 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 357.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 357.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 288.30 357.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 313.86 357.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 347.07 Td (the Lenders party thereto and Mizuho Corporate ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 337.07 Td (Bank, Ltd., as Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 245.71 337.07 Td (Administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 327.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 367.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 367.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 367.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 367.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 357.07 Td (filed June 12, 2012 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 347.07 Td (10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 309.07 Td (10.09) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 309.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 309.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 262.65 309.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 299.07 Td (dated as of June 29, 2012, among NuStar Logistics, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 289.07 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 289.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 186.09 289.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 211.65 289.07 Td (., the Lenders party thereto ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 279.07 Td (and Mizuho Corporate Bank, Ltd., as Issuing Bank ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 269.07 Td (and ) Tj ET Q q 0 0 0 rg BT 132.39 269.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 194.33 269.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 309.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 309.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 309.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 309.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 299.07 Td (filed July 6, 2012 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 289.07 Td (10.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 248.07 Td (10.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 248.07 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 248.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 273.74 248.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 238.07 Td (dated as of January 17, 2013, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 228.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 228.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 228.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 228.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 218.07 Td (party thereto and Mizuho Corporate Bank, Ltd., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 208.07 Td (Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 187.39 208.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 249.33 208.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 248.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 248.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 248.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 248.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.21 248.07 Td (Annual Report on Form 10-K ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 238.07 Td (for year ended December 31, 2014 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 228.07 Td (001-16417\), Exhibit 10.10) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 188.07 Td (10.1) Tj ET Q q 0 0 0 rg BT 84.65 188.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 188.07 Td (Third ) Tj ET Q q 0 0 0 rg BT 140.17 188.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 266.52 188.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 178.07 Td (dated as of March 8, 2013, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 168.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 168.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 168.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 168.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 158.07 Td (party thereto and Mizuho Corporate Bank, Ltd., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 148.07 Td (Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 187.39 148.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 249.33 148.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 188.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 188.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 188.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 188.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.21 188.07 Td (Annual Report on Form 10-K ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 178.07 Td (for year ended December 31, 2014 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 168.07 Td (001-16417\), Exhibit 10.1) Tj ET Q q 0 0 0 rg BT 450.73 168.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 128.07 Td (10.12) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 128.07 Td (Fourth ) Tj ET Q q 0 0 0 rg BT 144.62 128.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 270.98 128.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 118.07 Td (dated as of ) Tj ET Q q 0 0 0 rg BT 161.26 118.07 Td (April 19, 2013, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 108.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 108.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 108.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 108.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 98.07 Td (party thereto and Mizuho Corporate Bank, Ltd., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 88.07 Td (Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 187.39 88.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 249.33 88.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 128.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 128.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 128.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 128.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.21 128.07 Td (Annual Report on Form 10-K ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 118.07 Td (for year ended December 31, 2014 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 108.07 Td (001-16417\), Exhibit 10.12) Tj ET Q endstream endobj 279 0 obj <> endobj 280 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (139) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 666.5 m 93.5 666.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 666.5 m 327.5 666.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 666.5 m 561.5 666.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 681.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 671.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 671.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 681.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 681.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 671.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 653.07 Td (10.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 653.07 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 137.40 653.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 263.75 653.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 643.07 Td (dated as of ) Tj ET Q q 0 0 0 rg BT 161.26 643.07 Td (April 23, 2014, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 633.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 633.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 633.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 633.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 623.07 Td (party thereto and Mizuho Bank, Ltd., as Issuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 613.07 Td (Bank and ) Tj ET Q q 0 0 0 rg BT 156.00 613.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.93 613.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 653.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 653.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 653.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 653.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.21 653.07 Td (Annual Report on Form 10-K ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 643.07 Td (for year ended December 31, 2014 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 633.07 Td (001-16417\), Exhibit 10.13) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 593.07 Td (10.14) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 593.07 Td (Sixth ) Tj ET Q q 0 0 0 rg BT 139.07 593.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 265.42 593.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 583.07 Td (dated as of November 3, 2014, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 573.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 573.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 573.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 573.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 563.07 Td (party thereto and Mizuho Bank, Ltd., as Issuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 553.07 Td (Bank and ) Tj ET Q q 0 0 0 rg BT 156.00 553.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.93 553.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 593.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 593.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 593.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 593.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 583.07 Td (filed November 6, 2014 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 573.07 Td (Exhibit 10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 533.07 Td (10.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 533.07 Td (Seventh ) Tj ET Q q 0 0 0 rg BT 150.17 533.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 276.52 533.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 523.07 Td (dated as of ) Tj ET Q q 0 0 0 rg BT 161.26 523.07 Td (April 30, 2015, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 513.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 513.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 513.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 513.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 503.07 Td (party thereto and Mizuho Bank, Ltd., as Issuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 493.07 Td (Bank and ) Tj ET Q q 0 0 0 rg BT 156.00 493.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.93 493.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 533.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 533.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 533.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 533.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 523.07 Td (Q for quarter ended June 30, 2015 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 513.07 Td (001-16417\), Exhibit 10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 472.07 Td (10.16) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 472.07 Td (Eighth ) Tj ET Q q 0 0 0 rg BT 144.61 472.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 270.97 472.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 462.07 Td (dated as of May 6, 2016, among NuStar Logistics, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 452.07 Td (L.P) Tj ET Q q 0 0 0 rg BT 129.06 452.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 186.09 452.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 211.65 452.07 Td (., the Lenders party thereto ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 442.07 Td (and Mizuho Bank, Ltd., as Issuing Bank and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 432.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 432.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 472.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 472.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 472.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 472.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 462.07 Td (Q for quarter ended June 30, 2016 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 452.07 Td (001-16417\), Exhibit 10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 414.07 Td (10.17) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 414.07 Td (Ninth ) Tj ET Q q 0 0 0 rg BT 140.73 414.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 267.08 414.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 404.07 Td (dated as of ) Tj ET Q q 0 0 0 rg BT 161.26 404.07 Td (April 17, 2017, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 394.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 394.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 394.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 394.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 384.07 Td (party thereto and Mizuho Bank, Ltd., as Issuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 374.07 Td (Bank and ) Tj ET Q q 0 0 0 rg BT 156.00 374.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.93 374.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 414.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 414.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 414.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 414.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 404.07 Td (Q for quarter ended March 31, 2017 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 394.07 Td (001-16417\), Exhibit 10.03) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 356.07 Td (10.18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 356.07 Td (T) Tj ET Q q 0 0 0 rg BT 121.41 356.07 Td (enth ) Tj ET Q q 0 0 0 rg BT 140.58 356.07 Td (Amendment to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 266.93 356.07 Td (Agreement, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 346.07 Td (dated as of ) Tj ET Q q 0 0 0 rg BT 161.26 346.07 Td (April 10, 2018, among NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 336.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 336.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 227.75 336.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 253.31 336.07 Td (., the Lenders ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 326.07 Td (party thereto and Mizuho Bank, Ltd., as Issuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 316.07 Td (Bank and ) Tj ET Q q 0 0 0 rg BT 156.00 316.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.93 316.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 356.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 356.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 356.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 356.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 346.07 Td (Q for quarter ended March 31, 2018 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 336.07 Td (001-16417\), Exhibit 10.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 297.07 Td (10.19) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 297.07 Td (Lease ) Tj ET Q q 0 0 0 rg BT 141.26 297.07 Td (Agreement between Parish of St. James, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 287.07 Td (State of Louisiana and NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 293.75 287.07 Td (. dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 277.07 Td (as of December1, 2010) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 297.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 297.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 297.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 297.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 287.07 Td (filed December 30, 2010 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 277.07 Td (Exhibit 10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 259.07 Td (10.20) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 259.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 259.07 Td (Agreement dated as of September ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 249.07 Td (3, 2014 among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 263.77 249.07 Td (., NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 239.07 Td (Ener) Tj ET Q q 0 0 0 rg BT 134.70 239.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 160.26 239.07 Td (., the Lenders party thereto and ) Tj ET Q q 0 0 0 rg BT 287.25 239.07 Td (The ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 229.07 Td (Bank of ) Tj ET Q q 0 0 0 rg BT 150.26 229.07 Td (T) Tj ET Q q 0 0 0 rg BT 155.67 229.07 Td (okyo-Mitsubishi UFJ, Ltd., as Issuing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 219.07 Td (Bank and ) Tj ET Q q 0 0 0 rg BT 156.00 219.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 217.93 219.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 259.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 259.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 259.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 259.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 249.07 Td (filed September 9, 2014 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 239.07 Td (Exhibit 10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 201.07 Td (10.21) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 201.07 Td (Amendment No. 1 to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 267.08 201.07 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 191.07 Td (and Subsidiary Guaranty ) Tj ET Q q 0 0 0 rg BT 217.37 191.07 Td (Agreement dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 181.07 Td (November 3, 2014 among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 308.48 181.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 171.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 171.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 171.07 Td (., the Lenders party thereto and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 161.07 Td (The Bank of ) Tj ET Q q 0 0 0 rg BT 168.30 161.07 Td (T) Tj ET Q q 0 0 0 rg BT 173.71 161.07 Td (okyo-Mitsubishi UFJ, Ltd., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 151.07 Td (Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 187.39 151.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 249.33 151.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 201.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 201.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 201.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 201.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 191.07 Td (filed November 6, 2014 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 181.07 Td (Exhibit 10.3) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 133.07 Td (10.22) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 133.07 Td (Maturity Extension Letter \(Amendment No. 2\) to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 123.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 123.07 Td (Agreement and Subsidiary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 113.07 Td (Guaranty ) Tj ET Q q 0 0 0 rg BT 155.16 113.07 Td (Agreement dated as of ) Tj ET Q q 0 0 0 rg BT 247.34 113.07 Td (August 19, 2015 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 103.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 103.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 288.30 103.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 313.86 103.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 93.07 Td (the Lenders party thereto and ) Tj ET Q q 0 0 0 rg BT 235.49 93.07 Td (The Bank of ) Tj ET Q q 0 0 0 rg BT 287.80 93.07 Td (T) Tj ET Q q 0 0 0 rg BT 293.21 93.07 Td (okyo-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 83.07 Td (Mitsubishi UFJ, Ltd., as Issuing Bank and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 73.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 73.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 133.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 133.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 133.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 133.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 123.07 Td (Q for quarter ended September 30, 2015 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 113.07 Td (001-16417\), Exhibit 10.01) Tj ET Q endstream endobj 281 0 obj <> endobj 282 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (140) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 689.5 m 93.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 689.5 m 327.5 689.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 689.5 m 561.5 689.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 704.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 694.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 694.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 704.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 704.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 694.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 676.07 Td (10.23) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 676.07 Td (Maturity Extension Letter \(Amendment No. 3\) to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 666.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 666.07 Td (Agreement and Subsidiary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 656.07 Td (Guaranty ) Tj ET Q q 0 0 0 rg BT 155.16 656.07 Td (Agreement dated as of July 15, 2016 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 646.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 646.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 288.30 646.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 313.86 646.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 636.07 Td (the Lenders party thereto and ) Tj ET Q q 0 0 0 rg BT 235.49 636.07 Td (The Bank of ) Tj ET Q q 0 0 0 rg BT 287.80 636.07 Td (T) Tj ET Q q 0 0 0 rg BT 293.21 636.07 Td (okyo-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 626.07 Td (Mitsubishi UFJ, Ltd., as Issuing Bank and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 616.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 616.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 676.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 676.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 676.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 676.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 666.07 Td (Q for quarter ended June 30, 2016 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 656.07 Td (001-16417\), Exhibit 10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 597.07 Td (10.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 597.07 Td (Maturity Extension Letter \(Amendment No. 4\) to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 587.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 587.07 Td (Agreement and Subsidiary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 577.07 Td (Guaranty ) Tj ET Q q 0 0 0 rg BT 155.16 577.07 Td (Agreement dated as of July 13, 2017 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 567.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 567.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 288.30 567.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 313.86 567.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 557.07 Td (the Lenders party thereto and ) Tj ET Q q 0 0 0 rg BT 235.49 557.07 Td (The Bank of ) Tj ET Q q 0 0 0 rg BT 287.80 557.07 Td (T) Tj ET Q q 0 0 0 rg BT 293.21 557.07 Td (okyo-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 547.07 Td (Mitsubishi UFJ, Ltd., as Issuing Bank and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 537.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 537.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 597.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 597.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 597.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 597.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 587.07 Td (Q for quarter ended June 30, 2017 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 577.07 Td (001-16417\), Exhibit 10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 516.07 Td (10.25) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 516.07 Td (Maturity Extension Letter \(Amendment No. 5\) to ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 506.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 506.07 Td (Agreement and Subsidiary ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 496.07 Td (Guaranty ) Tj ET Q q 0 0 0 rg BT 155.16 496.07 Td (Agreement dated as of July 12, 2018 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 486.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 486.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 288.30 486.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 313.86 486.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 476.07 Td (the Lenders party thereto and MUFG Bank, Ltd. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 466.07 Td (\(formerly known as ) Tj ET Q q 0 0 0 rg BT 197.19 466.07 Td (The Bank of ) Tj ET Q q 0 0 0 rg BT 249.49 466.07 Td (T) Tj ET Q q 0 0 0 rg BT 254.90 466.07 Td (okyo Mitsubishi ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 456.07 Td (UFJ, Ltd.\), as Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 244.61 456.07 Td (Administrative ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 446.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 516.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 516.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 516.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 516.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 506.07 Td (Q for quarter ended June 30, 2018 \(File No. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 496.07 Td (001-16417\), Exhibit 10.05) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 427.07 Td (10.26) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 427.07 Td (Lease ) Tj ET Q q 0 0 0 rg BT 141.26 427.07 Td (Agreement between Parish of St. James, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 417.07 Td (State of Louisiana and NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 293.75 417.07 Td (. dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 407.07 Td (as of ) Tj ET Q q 0 0 0 rg BT 137.11 407.07 Td (August 1, 201) Tj ET Q q 0 0 0 rg BT 193.13 407.07 Td (1) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 427.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 427.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 427.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 427.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 417.07 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.55 417.07 Td (August 10, 201) Tj ET Q q 0 0 0 rg BT 431.48 417.07 Td (1 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 407.07 Td (Exhibit 10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 389.07 Td (10.27) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 389.07 Td (Letter of Credit ) Tj ET Q q 0 0 0 rg BT 180.15 389.07 Td (Agreement dated as of June 5, 2013 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 379.07 Td (among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 231.27 379.07 Td (., NuStar Ener) Tj ET Q q 0 0 0 rg BT 288.30 379.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 313.86 379.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 369.07 Td (the Lenders party thereto and ) Tj ET Q q 0 0 0 rg BT 235.49 369.07 Td (The Bank of Nova ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 359.07 Td (Scotia, as Issuing Bank and ) Tj ET Q q 0 0 0 rg BT 228.21 359.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 290.15 359.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 389.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 389.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 389.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 389.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 379.07 Td (filed June 1) Tj ET Q q 0 0 0 rg BT 396.47 379.07 Td (1, 2013 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 369.07 Td (10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 338.07 Td (10.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 338.07 Td (Amendment No. 1 to Letter of Credit ) Tj ET Q q 0 0 0 rg BT 267.08 338.07 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 328.07 Td (and Subsidiary Guaranty ) Tj ET Q q 0 0 0 rg BT 217.37 328.07 Td (Agreement dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 318.07 Td (November 3, 2014 among NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 308.48 318.07 Td (., ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 308.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 308.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 308.07 Td (., the Lenders party thereto and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 298.07 Td (The Bank of Nova Scotia, as Issuing Bank and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 288.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 177.94 288.07 Td (Agent) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 338.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 338.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 338.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 338.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 328.07 Td (filed November 6, 2014 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 318.07 Td (Exhibit 10.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 265.07 Td (10.29) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 265.07 Td (Purchase and Sale ) Tj ET Q q 0 0 0 rg BT 190.70 265.07 Td (Agreement, dated as of June 15, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 255.07 Td (2015, among NuStar Ener) Tj ET Q q 0 0 0 rg BT 220.24 255.07 Td (gy Services, Inc., NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 245.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 245.07 Td (., NuStar Pipeline Operating ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 235.07 Td (Partnership L.P) Tj ET Q q 0 0 0 rg BT 177.11 235.07 Td (. and NuStar Supply & ) Tj ET Q q 0 0 0 rg BT 270.81 235.07 Td (T) Tj ET Q q 0 0 0 rg BT 276.57 235.07 Td (rading ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 225.07 Td (LLC, as Originators, NuStar Ener) Tj ET Q q 0 0 0 rg BT 250.79 225.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 276.35 225.07 Td (., as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 215.07 Td (Servicer) Tj ET Q q 0 0 0 rg BT 148.92 215.07 Td (, and NuStar Finance LLC, as Buyer ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 265.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 265.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 265.07 Td (.'s Current Report on Form 8-K ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 255.07 Td (filed June 19, 2015 \(File No. 001-16417\), Exhibit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 245.07 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 193.07 Td (10.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 193.07 Td (Receivables Financing ) Tj ET Q q 0 0 0 rg BT 208.75 193.07 Td (Agreement, dated as of June ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 183.07 Td (15, 2015, by and among NuStar Finance LLC, as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 173.07 Td (Borrower) Tj ET Q q 0 0 0 rg BT 153.92 173.07 Td (, the persons from time to time party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 163.07 Td (thereto as Lenders and Group ) Tj ET Q q 0 0 0 rg BT 236.24 163.07 Td (Agents, PNC Bank, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 153.07 Td (National ) Tj ET Q q 0 0 0 rg BT 152.38 153.07 Td (Association, as ) Tj ET Q q 0 0 0 rg BT 214.88 153.07 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 276.82 153.07 Td (Agent, and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 143.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 143.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 143.07 Td (., as initial Servicer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 193.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 193.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 193.07 Td (.'s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 183.07 Td (filed June 19, 2015 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 173.07 Td (10.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 123.07 Td (10.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 123.07 Td (Omnibus ) Tj ET Q q 0 0 0 rg BT 154.62 123.07 Td (Amendment, dated as of January 15, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 113.07 Td (2016, which is the First ) Tj ET Q q 0 0 0 rg BT 212.11 113.07 Td (Amendment to the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 103.07 Td (Purchase and Sale ) Tj ET Q q 0 0 0 rg BT 190.70 103.07 Td (Agreement referenced above and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 93.07 Td (the First ) Tj ET Q q 0 0 0 rg BT 151.00 93.07 Td (Amendment to the Receivables Financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 83.07 Td (Agreement referenced above among the respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 73.07 Td (parties thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 123.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 123.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 123.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 123.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.21 123.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 113.07 Td (for year ended December 31, 2015 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 103.07 Td (001-16417\), Exhibit 10.26) Tj ET Q endstream endobj 283 0 obj <> endobj 284 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (141) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 693.5 m 93.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 693.5 m 327.5 693.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 693.5 m 561.5 693.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 708.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 698.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 698.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 708.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 708.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 698.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 680.07 Td (10.32) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 680.07 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 680.07 Td (Amendment to Purchase and Sale ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 670.07 Td (Agreement, dated as of September 20, 2017, by and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 660.07 Td (among the Originators listed therein, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 650.07 Td (Ener) Tj ET Q q 0 0 0 rg BT 134.70 650.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 160.26 650.07 Td (., NuStar Finance LLC, Mizuho Bank, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 640.07 Td (Ltd. and PNC Bank, National ) Tj ET Q q 0 0 0 rg BT 236.27 640.07 Td (Association) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 680.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 680.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 680.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 680.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 670.07 Td (filed September 20, 2017 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 660.07 Td (Exhibit10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 619.07 Td (10.33) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 619.07 Td (Second ) Tj ET Q q 0 0 0 rg BT 147.39 619.07 Td (Amendment to Receivables Financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 609.07 Td (Agreement, dated as of September 20, 2017, by and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 599.07 Td (among NuStar Finance, LLC, as Borrower) Tj ET Q q 0 0 0 rg BT 285.84 599.07 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 589.07 Td (Ener) Tj ET Q q 0 0 0 rg BT 134.70 589.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 160.26 589.07 Td (., as initial Servicer) Tj ET Q q 0 0 0 rg BT 237.33 589.07 Td (, Mizuho Bank, Ltd. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 579.07 Td (and PNC Bank, National ) Tj ET Q q 0 0 0 rg BT 217.38 579.07 Td (Association) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 619.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 619.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 619.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 619.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 609.07 Td (filed September 20, 2017 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 599.07 Td (Exhibit10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 556.07 Td (10.34) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 556.07 Td (Third ) Tj ET Q q 0 0 0 rg BT 140.17 556.07 Td (Amendment to Receivables Financing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 546.07 Td (Agreement, dated as of March 28, 2018, by and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 536.07 Td (among NuStar Finance, LLC, as Borrower) Tj ET Q q 0 0 0 rg BT 285.84 536.07 Td (, NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 526.07 Td (Ener) Tj ET Q q 0 0 0 rg BT 134.70 526.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 160.26 526.07 Td (., as initial Servicer) Tj ET Q q 0 0 0 rg BT 237.33 526.07 Td (, Mizuho Bank, Ltd. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 516.07 Td (and PNC Bank, National ) Tj ET Q q 0 0 0 rg BT 217.38 516.07 Td (Association ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 556.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 556.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 556.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 556.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 546.07 Td (filed March 28, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 536.07 Td (Exhibit10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 498.07 Td (10.35) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 498.07 Td (Series D Cumulative Convertible Preferred Unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 488.07 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 154.05 488.07 Td (Agreement, dated as of June 26, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 478.07 Td (among NuStar Ener) Tj ET Q q 0 0 0 rg BT 195.24 478.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 220.80 478.07 Td (. and the Purchasers party ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 468.07 Td (thereto) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 498.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 498.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 498.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 498.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 488.07 Td (filed June 29, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 478.07 Td (Exhibit10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 450.07 Td (10.36) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 450.07 Td (Purchase ) Tj ET Q q 0 0 0 rg BT 154.05 450.07 Td (Agreement, dated as of June 26, 2018, by ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 440.07 Td (and between NuStar Ener) Tj ET Q q 0 0 0 rg BT 218.28 440.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 243.84 440.07 Td (. and ) Tj ET Q q 0 0 0 rg BT 265.60 440.07 Td (W) Tj ET Q q 0 0 0 rg BT 274.64 440.07 Td (illiam E. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 430.07 Td (Greehey) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 450.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 450.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 450.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 450.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 440.07 Td (filed June 29, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 430.07 Td (Exhibit10.2) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 410.07 Td (+10.37) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 410.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 158.50 410.07 Td (, LLC Fifth ) Tj ET Q q 0 0 0 rg BT 206.29 410.07 Td (Amended and Restated 2000 ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 400.07 Td (Long-T) Tj ET Q q 0 0 0 rg BT 145.85 400.07 Td (erm Incentive Plan, amended and restated as ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 390.07 Td (of January 28, 2016) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 410.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 410.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 410.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 410.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 410.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 400.07 Td (for year ended December 31, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 390.07 Td (001-16417\), Exhibit 10.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 372.07 Td (+10.38) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 372.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 372.07 Td (Amendment to the NuStar GP) Tj ET Q q 0 0 0 rg BT 255.72 372.07 Td (, LLC Fifth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 362.07 Td (Amended and Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 263.60 362.07 Td (erm Incentive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 352.07 Td (Plan, dated as of February 7, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 372.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 372.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 372.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 372.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 372.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 362.07 Td (for year ended December 31, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 352.07 Td (001-16417\), Exhibit 10.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 331.07 Td (+10.39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 331.07 Td (Form of 2013 Restricted Unit ) Tj ET Q q 0 0 0 rg BT 236.27 331.07 Td (A) Tj ET Q q 0 0 0 rg BT 242.57 331.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 264.51 331.07 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 321.07 Td (under the NuStar GP) Tj ET Q q 0 0 0 rg BT 198.49 321.07 Td (, LLC ) Tj ET Q q 0 0 0 rg BT 224.70 321.07 Td (Third ) Tj ET Q q 0 0 0 rg BT 248.86 321.07 Td (Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 311.07 Td (Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 205.28 311.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 331.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 331.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 331.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 331.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 331.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 321.07 Td (for year ended December 31, 2013 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 311.07 Td (001-16417\), Exhibit 10.15) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 293.07 Td (+10.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 293.07 Td (Form of Restricted Unit ) Tj ET Q q 0 0 0 rg BT 213.77 293.07 Td (A) Tj ET Q q 0 0 0 rg BT 220.07 293.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 242.01 293.07 Td (Agreement under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 283.07 Td (the NuStar GP) Tj ET Q q 0 0 0 rg BT 173.22 283.07 Td (, LLC Fifth ) Tj ET Q q 0 0 0 rg BT 221.00 283.07 Td (Amended and Restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 273.07 Td (2000 Long-T) Tj ET Q q 0 0 0 rg BT 168.35 273.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 293.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 293.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 293.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 293.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 293.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 283.07 Td (for year ended December 31, 2016 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 273.07 Td (001-16417\), Exhibit 10.28) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 254.07 Td (+10.41) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 254.07 Td (Form of 2017 Performance Unit ) Tj ET Q q 0 0 0 rg BT 246.81 254.07 Td (A) Tj ET Q q 0 0 0 rg BT 253.11 254.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 275.05 254.07 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 244.07 Td (under the NuStar GP) Tj ET Q q 0 0 0 rg BT 198.49 244.07 Td (, LLC Fifth ) Tj ET Q q 0 0 0 rg BT 246.27 244.07 Td (Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 234.07 Td (Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 205.28 234.07 Td (erm Incentive Plan ) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 254.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 254.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 254.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 254.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 244.07 Td (Q for quarter ended March 31, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 234.07 Td (001-16417\), Exhibit 10.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 211.07 Td (+10.42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 211.07 Td (Form of 2018 Performance Unit ) Tj ET Q q 0 0 0 rg BT 246.81 211.07 Td (A) Tj ET Q q 0 0 0 rg BT 253.11 211.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 275.05 211.07 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 201.07 Td (under the NuStar GP) Tj ET Q q 0 0 0 rg BT 198.49 201.07 Td (, LLC Fifth ) Tj ET Q q 0 0 0 rg BT 246.27 201.07 Td (Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 191.07 Td (Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 205.28 191.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 211.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 211.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 211.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 211.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 201.07 Td (filed July 25, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 191.07 Td (Exhibit10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 170.07 Td (+10.43) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 170.07 Td (Form of Non-employee Director Restricted Unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 160.07 Td (A) Tj ET Q q 0 0 0 rg BT 122.30 160.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 144.24 160.07 Td (Agreement under the NuStar GP) Tj ET Q q 0 0 0 rg BT 273.66 160.07 Td (, LLC Fifth ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 150.07 Td (Amended and Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 263.60 150.07 Td (erm Incentive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 140.07 Td (Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 170.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 170.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 170.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 170.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 170.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 160.07 Td (for year ended December 31, 2016 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 150.07 Td (001-16417\), Exhibit 10.31) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 123.07 Td (+10.44) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 123.07 Td (Form of 2018 Non-employee Director Restricted ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 113.07 Td (Unit ) Tj ET Q q 0 0 0 rg BT 135.73 113.07 Td (A) Tj ET Q q 0 0 0 rg BT 142.03 113.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 163.97 113.07 Td (Agreement under the NuStar GP) Tj ET Q q 0 0 0 rg BT 293.38 113.07 Td (, LLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 103.07 Td (Fifth ) Tj ET Q q 0 0 0 rg BT 137.40 103.07 Td (Amended and Restated 2000 Long-T) Tj ET Q q 0 0 0 rg BT 284.99 103.07 Td (erm ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 93.07 Td (Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 123.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 123.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 123.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 123.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 113.07 Td (Q for quarter ended September 30, 2018 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 103.07 Td (001-16417\), Exhibit 10.08) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 76.07 Td (+10.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 76.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 159.24 76.07 Td ( Holdings, LLC Long-T) Tj ET Q q 0 0 0 rg BT 254.65 76.07 Td (erm Incentive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 66.07 Td (Plan, amended and restated as of ) Tj ET Q q 0 0 0 rg BT 249.01 66.07 Td (April 1, 2007) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 76.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 393.24 76.07 Td ( Holdings, LLC) Tj ET Q q 0 0 0 rg BT 459.08 76.07 Td (s Quarterly Report on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 66.07 Td (Form 10-Q for quarter ended June 30, 2007 \(File) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 56.07 Td (No. 001-32040\), Exhibit 10.04) Tj ET Q endstream endobj 285 0 obj <> endobj 286 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (142) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 676.5 m 93.5 676.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 676.5 m 327.5 676.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 676.5 m 561.5 676.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 691.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 681.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 681.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 691.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 691.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 681.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 663.07 Td (+10.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 663.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 663.07 Td (Amendment to the NuStar GP) Tj ET Q q 0 0 0 rg BT 256.46 663.07 Td ( Holdings, LLC ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 653.07 Td (Long-T) Tj ET Q q 0 0 0 rg BT 145.85 653.07 Td (erm Incentive Plan, dated as of February 7, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 643.07 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 663.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 393.43 663.07 Td ( Holdings, LLC) Tj ET Q q 0 0 0 rg BT 459.35 663.07 Td (s ) Tj ET Q q 0 0 0 rg BT 465.19 663.07 Td (Annual Report on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 653.07 Td (Form 10-K for year ended December 31, 2017 \(File) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 643.07 Td (No. 001-32040\), Exhibit 10.46) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 625.07 Td (+10.47) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 625.07 Td (Form of 2013 Restricted Unit ) Tj ET Q q 0 0 0 rg BT 236.27 625.07 Td (A) Tj ET Q q 0 0 0 rg BT 242.57 625.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 264.51 625.07 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 615.07 Td (under the NuStar GP) Tj ET Q q 0 0 0 rg BT 199.23 615.07 Td ( Holdings, LLC ) Tj ET Q q 0 0 0 rg BT 264.23 615.07 Td (Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 605.07 Td (Restated Long-T) Tj ET Q q 0 0 0 rg BT 182.78 605.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 625.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 393.43 625.07 Td ( Holdings, LLC) Tj ET Q q 0 0 0 rg BT 459.35 625.07 Td (s ) Tj ET Q q 0 0 0 rg BT 465.19 625.07 Td (Annual Report on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 615.07 Td (Form 10-K for year ended December 31, 2013 \(File) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 605.07 Td (No. 001-32040\), Exhibit 10.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 587.07 Td (+10.48) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 587.07 Td (Form of Phantom Unit ) Tj ET Q q 0 0 0 rg BT 208.78 587.07 Td (A) Tj ET Q q 0 0 0 rg BT 215.09 587.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 237.03 587.07 Td (Agreement under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 577.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 159.24 577.07 Td ( Holdings, LLC ) Tj ET Q q 0 0 0 rg BT 224.25 577.07 Td (Amended and Restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 567.07 Td (Long-T) Tj ET Q q 0 0 0 rg BT 145.85 567.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 587.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 393.43 587.07 Td ( Holdings, LLC) Tj ET Q q 0 0 0 rg BT 459.35 587.07 Td (s ) Tj ET Q q 0 0 0 rg BT 465.19 587.07 Td (Annual Report on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 577.07 Td (Form 10-K for year ended December 31, 2016 \(File) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 567.07 Td (No. 001-32040\), Exhibit 10.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 549.07 Td (+10.49) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 549.07 Td (Form of Non-employee Director Phantom Unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 539.07 Td (A) Tj ET Q q 0 0 0 rg BT 122.30 539.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 144.24 539.07 Td (Agreement under the NuStar GP) Tj ET Q q 0 0 0 rg BT 274.39 539.07 Td ( Holdings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 529.07 Td (LLC ) Tj ET Q q 0 0 0 rg BT 136.83 529.07 Td (Amended and Restated Long-T) Tj ET Q q 0 0 0 rg BT 261.93 529.07 Td (erm Incentive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 519.07 Td (Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 549.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 393.43 549.07 Td ( Holdings, LLC) Tj ET Q q 0 0 0 rg BT 459.35 549.07 Td (s ) Tj ET Q q 0 0 0 rg BT 465.19 549.07 Td (Annual Report on) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 539.07 Td (Form 10-K for year ended December 31, 2016 \(File) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 529.07 Td (No. 001-32040\), Exhibit 10.42) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 502.07 Td (+10.50) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 502.07 Td (Form of Converted ) Tj ET Q q 0 0 0 rg BT 194.60 502.07 Td (A) Tj ET Q q 0 0 0 rg BT 200.91 502.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 222.85 502.07 Td (Agreement under the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 492.07 Td (NuStar GP) Tj ET Q q 0 0 0 rg BT 159.24 492.07 Td ( Holdings, LLC ) Tj ET Q q 0 0 0 rg BT 224.25 492.07 Td (Amended and Restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 482.07 Td (Long-T) Tj ET Q q 0 0 0 rg BT 145.85 482.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 502.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 502.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 502.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 502.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 492.07 Td (filed July 20, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 482.07 Td (Exhibit10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 464.07 Td (+10.51) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 464.07 Td (Form of Restricted Unit ) Tj ET Q q 0 0 0 rg BT 213.77 464.07 Td (A) Tj ET Q q 0 0 0 rg BT 220.07 464.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 242.01 464.07 Td (Agreement under ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 454.07 Td (the NuStar GP) Tj ET Q q 0 0 0 rg BT 173.96 454.07 Td ( Holdings, LLC ) Tj ET Q q 0 0 0 rg BT 238.96 454.07 Td (Amended and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 444.07 Td (Restated Long-T) Tj ET Q q 0 0 0 rg BT 182.78 444.07 Td (erm Incentive Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 464.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 464.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 464.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 464.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 454.07 Td (Q for quarter ended September 30, 2018 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 444.07 Td (001-16417\), Exhibit 10.06) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 426.07 Td (+10.52) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 426.07 Td (Form of Non-employee Director Restricted Unit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 416.07 Td (A) Tj ET Q q 0 0 0 rg BT 122.30 416.07 Td (ward ) Tj ET Q q 0 0 0 rg BT 144.24 416.07 Td (Agreement under the NuStar GP) Tj ET Q q 0 0 0 rg BT 274.39 416.07 Td ( Holdings, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 406.07 Td (LLC ) Tj ET Q q 0 0 0 rg BT 136.83 406.07 Td (Amended and Restated Long-T) Tj ET Q q 0 0 0 rg BT 261.93 406.07 Td (erm Incentive ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 396.12 Td (Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 426.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 426.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 426.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 426.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 416.07 Td (Q for quarter ended September 30, 2018 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 406.07 Td (001-16417\), Exhibit 10.07) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 380.07 Td (+10.53) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 380.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 165.53 380.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 191.09 380.07 Td (. ) Tj ET Q q 0 0 0 rg BT 195.54 380.07 Td (Annual Bonus Plan) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 380.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 380.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 380.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 380.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 380.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 370.07 Td (for year ended December 31, 2006 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 360.07 Td (001-16417\), Exhibit 10.18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 342.07 Td (+10.54) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 342.07 Td (Form of NuStar Ener) Tj ET Q q 0 0 0 rg BT 200.53 342.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 226.09 342.07 Td (. ) Tj ET Q q 0 0 0 rg BT 230.54 342.07 Td (Amended and Restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 332.07 Td (Change of Control Severance ) Tj ET Q q 0 0 0 rg BT 235.97 332.07 Td (Agreement) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 342.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 342.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 342.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 342.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 332.07 Td (filed ) Tj ET Q q 0 0 0 rg BT 370.55 332.07 Td (August 4, 2016 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 322.07 Td (Exhibit10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 304.07 Td (+10.55) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 304.07 Td (Form of Executive Change of Control ) Tj ET Q q 0 0 0 rg BT 270.23 304.07 Td (W) Tj ET Q q 0 0 0 rg BT 278.87 304.07 Td (aiver ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 294.07 Td (Agreement dated ef) Tj ET Q q 0 0 0 rg BT 194.67 294.07 Td (fective as of February 7, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 304.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 304.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 304.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 304.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 304.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 294.07 Td (for year ended December 31, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 284.07 Td (001-16417\), Exhibit 10.39) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 267.07 Td (+10.56) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 267.07 Td (Form of Non-employee Director Change of Control ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 257.07 Td (W) Tj ET Q q 0 0 0 rg BT 124.64 257.07 Td (aiver ) Tj ET Q q 0 0 0 rg BT 146.57 257.07 Td (Agreement dated ef) Tj ET Q q 0 0 0 rg BT 225.24 257.07 Td (fective as of February 7, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 247.07 Td (2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 267.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 267.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 267.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 267.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 267.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 257.07 Td (for year ended December 31, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 247.07 Td (001-16417\), Exhibit 10.40) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 227.07 Td (+10.57) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 227.07 Td (NuStar Excess Pension Plan, amended and restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 217.07 Td (ef) Tj ET Q q 0 0 0 rg BT 123.59 217.07 Td (fective as of January 1, 2014) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 227.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 227.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 227.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 227.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 227.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 217.07 Td (for year ended December 31, 2015 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 207.07 Td (001-16417\), Exhibit 10.45) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 187.07 Td (+10.58) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 187.07 Td (Amendment to NuStar Excess Pension Plan, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 177.07 Td (ef) Tj ET Q q 0 0 0 rg BT 123.59 177.07 Td (fective October 9, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 187.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 187.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 187.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 187.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 177.07 Td (Q for quarter ended September 30, 2018 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 167.07 Td (001-16417\), Exhibit 10.04) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 149.07 Td (+10.59) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 149.07 Td (NuStar Excess ) Tj ET Q q 0 0 0 rg BT 176.92 149.07 Td (Thrift Plan, amended and restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 139.07 Td (ef) Tj ET Q q 0 0 0 rg BT 123.59 139.07 Td (fective as of January 1, 2008) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 149.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 149.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 149.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 149.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 149.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 139.07 Td (for year ended December31,2008 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 129.07 Td (001-16417\), Exhibit10.30) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 111.07 Td (+10.60) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 111.07 Td (Amendment to NuStar Excess ) Tj ET Q q 0 0 0 rg BT 239.13 111.07 Td (Thrift Plan, ef) Tj ET Q q 0 0 0 rg BT 295.32 111.07 Td (fective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 101.07 Td (as of January 1, 2017) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 111.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 111.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 111.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 111.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 101.07 Td (Q for quarter ended March 31, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 91.07 Td (001-16417\), Exhibit 10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 61.85 73.07 Td (+10.61) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 73.07 Td (Amendment No. 2 to NuStar Excess ) Tj ET Q q 0 0 0 rg BT 263.85 73.07 Td (Thrift Plan, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 63.07 Td (ef) Tj ET Q q 0 0 0 rg BT 123.59 63.07 Td (fective October 9, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 73.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.53 73.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.09 73.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.37 73.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 63.07 Td (Q for quarter ended September 30, 2018 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 53.07 Td (001-16417\), Exhibit10.05) Tj ET Q endstream endobj 287 0 obj <> endobj 288 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (143) Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 49.5 678.5 m 93.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 113.5 678.5 m 327.5 678.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 347.5 678.5 m 561.5 678.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 693.18 Td (Exhibit) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 52.00 683.18 Td (Number) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 195.25 683.18 Td (Description) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.60 693.18 Td (IncorporatedbyRefer) Tj ET Q q 0 0 0 rg BT 492.51 693.18 Td (ence) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 396.35 683.18 Td (totheFollowingDocument) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 665.07 Td (10.62) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 665.07 Td (Assignment and ) Tj ET Q q 0 0 0 rg BT 182.67 665.07 Td (Assumption ) Tj ET Q q 0 0 0 rg BT 232.95 665.07 Td (Agreement dated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 655.07 Td (March 1, 2016 between NuStar GP) Tj ET Q q 0 0 0 rg BT 255.42 655.07 Td (, LLC and ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 645.07 Td (NuStar Services Company LLC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 665.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 665.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 665.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 665.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 655.07 Td (filed March 1, 2016 \(File No. 001-16417\), Exhibit) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 645.07 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 627.07 Td (10.63) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 627.07 Td (Amended and Restated ) Tj ET Q q 0 0 0 rg BT 210.70 627.07 Td (Aircraft ) Tj ET Q q 0 0 0 rg BT 244.66 627.07 Td (T) Tj ET Q q 0 0 0 rg BT 250.42 627.07 Td (ime Sharing ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 617.07 Td (Agreement, dated as of September4, 2009, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 607.07 Td (between NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 237.37 607.07 Td (. and ) Tj ET Q q 0 0 0 rg BT 259.13 607.07 Td (W) Tj ET Q q 0 0 0 rg BT 268.17 607.07 Td (illiam E. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 597.07 Td (Greehey) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 627.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 627.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 627.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 627.07 Td (s ) Tj ET Q q 0 0 0 rg BT 436.48 627.07 Td (Annual Report on Form 10-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 617.07 Td (for year ended December 31, 2009 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 607.07 Td (001-16417\), Exhibit 10.24) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 579.07 Td (10.64) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 579.07 Td (First ) Tj ET Q q 0 0 0 rg BT 136.29 579.07 Td (Amendment to ) Tj ET Q q 0 0 0 rg BT 197.95 579.07 Td (Amended and Restated ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 569.07 Td (Aircraft ) Tj ET Q q 0 0 0 rg BT 149.96 569.07 Td (T) Tj ET Q q 0 0 0 rg BT 155.72 569.07 Td (ime Sharing ) Tj ET Q q 0 0 0 rg BT 206.27 569.07 Td (Agreement, dated as of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 559.07 Td (August 18, 2017, between NuStar Logistics, L.P) Tj ET Q q 0 0 0 rg BT 308.76 559.07 Td (. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 549.07 Td (and ) Tj ET Q q 0 0 0 rg BT 132.76 549.07 Td (W) Tj ET Q q 0 0 0 rg BT 141.80 549.07 Td (illiam E. Greehey) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 579.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 579.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 579.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 579.07 Td (s Quarterly Report on Form 10-) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 569.07 Td (Q for quarter ended September 30, 2017 \(File No.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 559.07 Td (001-16417\), Exhibit 10.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.15 528.07 Td (10.65) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 528.07 Td (Support ) Tj ET Q q 0 0 0 rg BT 149.62 528.07 Td (Agreement, dated as of February 7, 2018, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 518.07 Td (by and among NuStar Ener) Tj ET Q q 0 0 0 rg BT 224.68 518.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 250.24 518.07 Td (., Riverwalk ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 508.07 Td (Logistics, L.P) Tj ET Q q 0 0 0 rg BT 170.73 508.07 Td (., NuStar GP) Tj ET Q q 0 0 0 rg BT 220.73 508.07 Td (, LLC, Marshall Mer) Tj ET Q q 0 0 0 rg BT 304.14 508.07 Td (ger ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 498.07 Td (Sub LLC, Riverwalk Holdings, LLC and NuStar ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 488.07 Td (GP) Tj ET Q q 0 0 0 rg BT 128.41 488.07 Td ( Holdings, LLC) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 528.07 Td (NuStar Ener) Tj ET Q q 0 0 0 rg BT 399.62 528.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 425.64 528.07 Td (.) Tj ET Q q 0 0 0 rg BT 430.64 528.07 Td (s Current Report on Form 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 518.07 Td (filed February 8, 2018 \(File No. 001-16417\),) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 508.07 Td (Exhibit 10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 471.07 Td (21.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 471.07 Td (List of subsidiaries of NuStar Ener) Tj ET Q q 0 0 0 rg BT 254.96 471.07 Td (gy L.P) Tj ET Q q 0 0 0 rg BT 280.52 471.07 Td (.) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 471.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 453.07 Td (23.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 453.07 Td (Consent of KPMG LLP) Tj ET Q q 0 0 0 rg BT 210.91 453.07 Td ( dated February 28,2019) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 453.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 433.07 Td (24.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 433.07 Td (Powers of ) Tj ET Q q 0 0 0 rg BT 158.22 433.07 Td (Attorney \(included in signature page of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 423.07 Td (this Form 10-K\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 433.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 405.07 Td (31.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 405.07 Td (Rule 13a-14\(a\) Certification \(under Section 302 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 395.07 Td (the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 196.53 395.07 Td (Act of 2002\) of principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 385.07 Td (executive of) Tj ET Q q 0 0 0 rg BT 164.96 385.07 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 405.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 367.07 Td (31.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 367.07 Td (Rule 13a-14\(a\) Certification \(under Section 302 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 357.07 Td (the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 196.53 357.07 Td (Act of 2002\) of principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 347.07 Td (financial of) Tj ET Q q 0 0 0 rg BT 161.63 347.07 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 367.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 329.07 Td (32.01) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 329.07 Td (Section 1350 Certification \(under Section 906 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 319.07 Td (the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 196.53 319.07 Td (Act of 2002\) of principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 309.07 Td (executive of) Tj ET Q q 0 0 0 rg BT 164.96 309.07 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 329.07 Td (**) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 67.50 291.07 Td (32.02) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 291.07 Td (Section 1350 Certification \(under Section 906 of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 281.07 Td (the Sarbanes-Oxley ) Tj ET Q q 0 0 0 rg BT 196.53 281.07 Td (Act of 2002\) of principal ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 271.07 Td (financial of) Tj ET Q q 0 0 0 rg BT 161.63 271.07 Td (ficer) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 291.07 Td (**) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 56.35 253.07 Td (101.INS) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 253.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 142.48 253.07 Td ( Instance Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 253.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 235.07 Td (101.SCH) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 235.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 142.48 235.07 Td ( ) Tj ET Q q 0 0 0 rg BT 144.71 235.07 Td (T) Tj ET Q q 0 0 0 rg BT 150.38 235.07 Td (axonomy Extension Schema Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 235.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.85 217.07 Td (101.CAL) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 217.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 142.48 217.07 Td ( ) Tj ET Q q 0 0 0 rg BT 144.71 217.07 Td (T) Tj ET Q q 0 0 0 rg BT 150.38 217.07 Td (axonomy Extension Calculation Linkbase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 207.07 Td (Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 217.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.60 189.07 Td (101.DEF) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 189.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 142.48 189.07 Td ( ) Tj ET Q q 0 0 0 rg BT 144.71 189.07 Td (T) Tj ET Q q 0 0 0 rg BT 150.38 189.07 Td (axonomy Extension Definition Linkbase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 179.07 Td (Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 189.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 52.50 161.07 Td (101.LAB) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 161.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 142.48 161.07 Td ( ) Tj ET Q q 0 0 0 rg BT 144.71 161.07 Td (T) Tj ET Q q 0 0 0 rg BT 150.38 161.07 Td (axonomy Extension Label Linkbase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 151.07 Td (Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 161.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 54.15 133.07 Td (101.PRE) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 133.07 Td (XBRL) Tj ET Q q 0 0 0 rg BT 142.30 133.07 Td ( ) Tj ET Q q 0 0 0 rg BT 144.62 133.07 Td (T) Tj ET Q q 0 0 0 rg BT 150.03 133.07 Td (axonomy Extension Presentation Linkbase) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 116.00 123.07 Td (Document) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 350.00 133.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 289 0 obj <> endobj 290 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (144) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 739.07 Td (*) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 739.07 Td (Filed herewith.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 719.07 Td (**) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 719.07 Td (Furnished herewith.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 696.07 Td (+) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 696.07 Td (Identifies management contracts or compensatory plans or arrangements required to be filed as an exhibit hereto) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 83.00 686.07 Td (pursuant to Item15\(c\) of Form 10-K.) Tj ET Q BT /F1 10.00 Tf ET BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 657.00 Td (An electr) Tj ET Q q 0 0 0 rg BT 88.96 657.00 Td (onic copy of this Form 10-K is available on our) Tj ET Q q 0 0 0 rg BT 288.51 657.00 Td ( website, fr) Tj ET Q q 0 0 0 rg BT 335.25 657.00 Td (ee of charge, at http://www) Tj ET Q q 0 0 0 rg BT 449.95 657.00 Td (.nustar) Tj ET Q q 0 0 0 rg BT 480.05 657.00 Td (energy) Tj ET Q q 0 0 0 rg BT 508.38 657.00 Td (.com) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 645.00 Td (\(select the Investors link, then the SEC Filings link\). ) Tj ET Q q 0 0 0 rg BT 293.63 645.00 Td (A) Tj ET Q q 0 0 0 rg BT 300.30 645.00 Td ( paper) Tj ET Q q 0 0 0 rg BT 327.62 645.00 Td ( copy of the Form 10-K also is available without) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 633.00 Td (charge to unitholders upon written r) Tj ET Q q 0 0 0 rg BT 205.65 633.00 Td (equest at the addr) Tj ET Q q 0 0 0 rg BT 282.41 633.00 Td (ess below) Tj ET Q q 0 0 0 rg BT 321.58 633.00 Td (. Copies of exhibits filed as a part of this Form 10-K) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 621.00 Td (may be obtained by unitholders of r) Tj ET Q q 0 0 0 rg BT 202.61 621.00 Td (ecord at a charge of $0.15 per) Tj ET Q q 0 0 0 rg BT 328.78 621.00 Td ( page, minimum $5.00 each r) Tj ET Q q 0 0 0 rg BT 451.65 621.00 Td (equest. Dir) Tj ET Q q 0 0 0 rg BT 498.13 621.00 Td (ect inquiries to) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 609.00 Td (Corporate Secr) Tj ET Q q 0 0 0 rg BT 115.63 609.00 Td (etary) Tj ET Q q 0 0 0 rg BT 137.28 609.00 Td (, NuStar) Tj ET Q q 0 0 0 rg BT 173.21 609.00 Td ( Energy L.P) Tj ET Q q 0 0 0 rg BT 223.68 609.00 Td (., 19003 IH-10 ) Tj ET Q q 0 0 0 rg BT 286.00 609.00 Td (W) Tj ET Q q 0 0 0 rg BT 295.45 609.00 Td (est, San ) Tj ET Q q 0 0 0 rg BT 330.18 609.00 Td (Antonio, ) Tj ET Q q 0 0 0 rg BT 369.45 609.00 Td (T) Tj ET Q q 0 0 0 rg BT 375.21 609.00 Td (exas 78257 or) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 597.00 Td (corporatesecr) Tj ET Q q 0 0 0 rg BT 108.67 597.00 Td (etary@nustar) Tj ET Q q 0 0 0 rg BT 167.78 597.00 Td (energy) Tj ET Q q 0 0 0 rg BT 196.11 597.00 Td (.com.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 50.00 544.80 Td (ITEM16. ) Tj ET Q q 0 0 0 rg BT 122.00 544.80 Td (FORM 10-K SUMMAR) Tj ET Q q 0 0 0 rg BT 224.41 544.80 Td (Y) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 527.80 Td (Not applicable.) Tj ET Q endstream endobj 291 0 obj <> endobj 292 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (145) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 273.85 742.25 Td (SIGNA) Tj ET Q q 0 0 0 rg BT 304.78 742.25 Td (TURES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (Pursuant to the requirements of Section13 or 15\(d\) of the Exchange ) Tj ET Q q 0 0 0 rg BT 324.93 721.25 Td (Act, the registrant has duly caused this report to be signed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (on its behalf by the undersigned, thereunto duly authorized.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 698.45 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 82.5 572.95 m 371.5 572.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 82.5 501.95 m 371.5 501.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 82.5 430.95 m 371.5 430.95 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 663.68 Td (NUST) Tj ET Q q 0 0 0 rg BT 79.30 663.68 Td (AR ENERGY) Tj ET Q q 0 0 0 rg BT 138.47 663.68 Td ( L.P) Tj ET Q q 0 0 0 rg BT 155.61 663.68 Td (.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 649.68 Td (\(Registrant\)) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 620.68 Td (By:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 620.63 Td (Riverwalk Logistics, L.P) Tj ET Q q 0 0 0 rg BT 189.54 620.63 Td (., its general partner) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 606.63 Td (By: NuStar) Tj ET Q q 0 0 0 rg BT 133.52 606.63 Td ( GP) Tj ET Q q 0 0 0 rg BT 149.36 606.63 Td (, LLC, its general partner) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 577.68 Td (By:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 83.50 577.63 Td (/s/ Bradley C. Barr) Tj ET Q q 0 0 0 rg BT 164.51 577.63 Td (on) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 563.63 Td (Bradley C. Barr) Tj ET Q q 0 0 0 rg BT 154.06 563.63 Td (on) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 549.63 Td (Pr) Tj ET Q q 0 0 0 rg BT 95.46 549.63 Td (esident and Chief Executive Officer) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 535.63 Td (February 28, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 506.68 Td (By:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 83.50 506.63 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 95.36 506.63 Td (Thomas R. Shoaf) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 492.63 Td (Thomas R. Shoaf) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 478.63 Td (Executive ) Tj ET Q q 0 0 0 rg BT 129.06 478.63 Td (V) Tj ET Q q 0 0 0 rg BT 136.01 478.63 Td (ice Pr) Tj ET Q q 0 0 0 rg BT 160.44 478.63 Td (esident and Chief Financial Officer) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 464.63 Td (February 28, 2019) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 53.00 435.68 Td (By:) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 83.50 435.63 Td (/s/ Jorge ) Tj ET Q q 0 0 0 rg BT 121.27 435.63 Td (A. del ) Tj ET Q q 0 0 0 rg BT 148.22 435.63 Td (Alamo) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 421.63 Td (Jorge ) Tj ET Q q 0 0 0 rg BT 111.10 421.63 Td (A. del ) Tj ET Q q 0 0 0 rg BT 138.05 421.63 Td (Alamo) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 407.63 Td (Senior) Tj ET Q q 0 0 0 rg BT 112.69 407.63 Td ( ) Tj ET Q q 0 0 0 rg BT 115.01 407.63 Td (V) Tj ET Q q 0 0 0 rg BT 121.95 407.63 Td (ice Pr) Tj ET Q q 0 0 0 rg BT 146.38 407.63 Td (esident and Contr) Tj ET Q q 0 0 0 rg BT 222.87 407.63 Td (oller) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 85.00 393.63 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 293 0 obj <> endobj 294 0 obj <> stream BT /F1 8.00 Tf ET q 0 0 0 rg BT 50.00 774.00 Td (T) Tj ET Q q 0 0 0 rg BT 54.33 774.00 Td (able of Contents) Tj ET Q BT /F1 8.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 298.50 31.60 Td (146) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 250.40 742.25 Td (POWER OF) Tj ET Q q 0 0 0 rg BT 304.19 742.25 Td ( ) Tj ET Q q 0 0 0 rg BT 306.14 742.25 Td (A) Tj ET Q q 0 0 0 rg BT 312.62 742.25 Td (TT) Tj ET Q q 0 0 0 rg BT 325.78 742.25 Td (ORNEY) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 721.25 Td (KNOW) Tj ET Q q 0 0 0 rg BT 80.92 721.25 Td ( ) Tj ET Q q 0 0 0 rg BT 82.87 721.25 Td (ALL) Tj ET Q q 0 0 0 rg BT 101.94 721.25 Td ( MEN BY) Tj ET Q q 0 0 0 rg BT 142.68 721.25 Td ( ) Tj ET Q q 0 0 0 rg BT 145.00 721.25 Td (THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 709.25 Td (Bradley C. Barron, ) Tj ET Q q 0 0 0 rg BT 128.41 709.25 Td (Thomas R. Shoaf and ) Tj ET Q q 0 0 0 rg BT 217.02 709.25 Td (Amy L. Perry) Tj ET Q q 0 0 0 rg BT 271.64 709.25 Td (, or any of them, each with power to act without the other) Tj ET Q q 0 0 0 rg BT 501.17 709.25 Td (, his or her true ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 697.25 Td (and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 685.25 Td (place and stead, in any and all capacities, to sign any or all subsequent amendments and supplements to this ) Tj ET Q q 0 0 0 rg BT 482.95 685.25 Td (Annual Report on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 673.25 Td (Form10-K, and to file the same, or cause to be filed the same, with all exhibits thereto, and other documents in connection ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 661.25 Td (therewith, with the Securities and Exchange Commission, granting unto each said attorney-in-fact and agent full power to do ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 649.25 Td (and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 637.25 Td (and purposes as he or she might or could do in person, hereby qualifying and confirming all that said attorney-in-fact and agent ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 625.25 Td (or his or her substitute or substitutes may lawfully do or cause to be done by virtue hereof.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.25 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 276.05 604.25 Td (Act of 1934, this report has been signed below by the following ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.25 Td (persons on behalf of the registrant and in the capacities and on the dates indicated.) Tj ET Q BT /F1 9.00 Tf ET q 0 0 0 rg BT 50.00 581.45 Td () Tj ET Q 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 527.95 m 283.5 527.95 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 489.95000000000005 m 283.5 489.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 441.95000000000005 m 283.5 441.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 393.95000000000005 m 283.5 393.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 355.95000000000005 m 283.5 355.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 317.95000000000005 m 283.5 317.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 317.95000000000005 m 283.5 317.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 279.95000000000005 m 283.5 279.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 279.95000000000005 m 283.5 279.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 241.95000000000005 m 283.5 241.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 203.95000000000005 m 283.5 203.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 165.95000000000005 m 283.5 165.95000000000005 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 127.95000000000005 m 283.5 127.95000000000005 l s BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 147.8 559.996337890625 m 185.14033203125 559.996337890625 l s q 0 0 0 rg BT 147.80 561.40 Td (Signatur) Tj ET Q q 0 0 0 rg BT 181.23 561.40 Td (e) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 361.55 559.996337890625 m 379.3830078125 559.996337890625 l s q 0 0 0 rg BT 361.55 561.40 Td (T) Tj ET Q q 0 0 0 rg BT 367.47 561.40 Td (itle) Tj ET Q BT /F2 9.00 Tf ET 0 0 0 RG /GS0 gs 0.86 w 0 i [] 0 d 1 J 1 j 3 M 501 559.996337890625 m 518.9912109375 559.996337890625 l s q 0 0 0 rg BT 501.00 561.40 Td (Date) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 532.52 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 64.86 532.52 Td (W) Tj ET Q q 0 0 0 rg BT 74.01 532.52 Td (illiam E. Greehey) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.50 532.52 Td (Chairman of the Board) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 532.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 518.52 Td (W) Tj ET Q q 0 0 0 rg BT 74.24 518.52 Td (illiam E. Greehey) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 494.52 Td (/s/ Bradley C. Barron) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 317.00 494.52 Td (President, Chief Executive) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 494.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 480.52 Td (Bradley C. Barron) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 329.75 480.52 Td (Of) Tj ET Q q 0 0 0 rg BT 340.12 480.52 Td (ficer and Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 312.25 470.52 Td (\(Principal Executive Of) Tj ET Q q 0 0 0 rg BT 407.04 470.52 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 446.52 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 64.86 446.52 Td (Thomas R. Shoaf) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 320.35 446.52 Td (Executive ) Tj ET Q q 0 0 0 rg BT 362.74 446.52 Td (V) Tj ET Q q 0 0 0 rg BT 369.57 446.52 Td (ice President) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 446.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 432.52 Td (Thomas R. Shoaf) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 315.45 432.52 Td (and Chief Financial Of) Tj ET Q q 0 0 0 rg BT 407.19 432.52 Td (ficer ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 313.65 422.52 Td (\(Principal Financial Of) Tj ET Q q 0 0 0 rg BT 405.67 422.52 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 398.52 Td (/s/ Jor) Tj ET Q q 0 0 0 rg BT 77.08 398.52 Td (ge ) Tj ET Q q 0 0 0 rg BT 88.65 398.52 Td (A. del ) Tj ET Q q 0 0 0 rg BT 115.04 398.52 Td (Alamo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 297.00 398.52 Td (Senior ) Tj ET Q q 0 0 0 rg BT 325.52 398.52 Td (V) Tj ET Q q 0 0 0 rg BT 332.35 398.52 Td (ice President and Controller) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 398.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 384.52 Td (Jor) Tj ET Q q 0 0 0 rg BT 77.13 384.52 Td (ge ) Tj ET Q q 0 0 0 rg BT 88.70 384.52 Td (A. del ) Tj ET Q q 0 0 0 rg BT 115.09 384.52 Td (Alamo) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 309.20 384.52 Td (\(Principal ) Tj ET Q q 0 0 0 rg BT 350.86 384.52 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 410.20 384.52 Td (ficer\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 360.52 Td (/s/ J. Dan Bates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 360.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 360.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 346.52 Td (J. Dan Bates) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 322.52 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 64.86 322.52 Td (W) Tj ET Q q 0 0 0 rg BT 74.01 322.52 Td (illiam B. Burnett) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 322.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 322.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 308.52 Td (W) Tj ET Q q 0 0 0 rg BT 74.24 308.52 Td (illiam B. Burnett) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 284.52 Td (/s/ James F) Tj ET Q q 0 0 0 rg BT 97.05 284.52 Td (. Clingman, Jr) Tj ET Q q 0 0 0 rg BT 153.04 284.52 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 284.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 284.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 270.52 Td (James F) Tj ET Q q 0 0 0 rg BT 97.10 270.52 Td (. Clingman, Jr) Tj ET Q q 0 0 0 rg BT 153.09 270.52 Td (.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 246.52 Td (/s/ Dan J. Hill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 246.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 246.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 232.52 Td (Dan J. Hill) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 208.52 Td (/s/ Jelynne LeBlanc-Burley) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 208.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 208.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 194.52 Td (Jelynne LeBlanc-Burley) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 170.52 Td (/s/ Robert J. Munch) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 170.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 170.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 156.52 Td (Robert J. Munch) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 53.00 132.52 Td (/s/ ) Tj ET Q q 0 0 0 rg BT 64.77 132.52 Td (W) Tj ET Q q 0 0 0 rg BT 73.29 132.52 Td (. Grady Rosier) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 353.80 132.52 Td (Director) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 473.20 132.52 Td (February 28, 2019) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 65.00 118.52 Td (W) Tj ET Q q 0 0 0 rg BT 73.52 118.52 Td (. Grady Rosier) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 295 0 obj <> /View <>>>>> endobj 296 0 obj <> /View <>>>>> endobj 297 0 obj <> endobj 298 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;