VTTI Energy Partners LP

Earnings per unit information is given for the period from the date of the closing of the IPO (August 6, 2014). Earnings per unit has not been presented for any period prior to the IPO as the information is not comparable due to the change in the Partnership structure and the basis of preparation as described in note 2.

Consolidated and Combined Carve-Out Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows provided by operating activities:
Net income	$ 72,600,000	$ 75,000,000	$ 56,900,000
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	72,500,000	68,400,000	70,700,000
Loss on disposal and write-off of property, plant & equipment	800,000	600,000	0
Deferred income tax expense	17,500,000	28,200,000	24,400,000
Unrealized loss on foreign currency transactions	10,700,000	24,700,000	14,400,000
Unrealized (gain)/loss on derivative instruments	4,000,000	(15,600,000)	(22,000,000)
Non-cash straight-lined revenues	(2,200,000)	0	0
Non-cash unit based compensation	300,000.0	0	0
Changes in operating assets and liabilities
Increase (decrease) in provisions	(1,200,000)	(1,200,000)	(4,800,000)
Increase (decrease) in other long-term liabilities	1,000,000	2,400,000	3,500,000
Decrease (increase) in trade accounts receivable	(1,800,000)	4,400,000	(700,000)
Decrease (increase) in receivables, affiliates	(1,700,000)	5,600,000	(2,900,000)
Decrease (increase) in other receivables	700,000	8,500,000	12,300,000
Increase (decrease) in trade accounts payable	(2,100,000)	7,600,000	(4,400,000)
Increase (decrease) in payables, affiliates	(3,800,000)	9,900,000	(31,100,000)
Increase (decrease) in other current liabilities	(11,400,000)	2,100,000	17,700,000
Net cash provided by operating activities	155,900,000	220,600,000	134,000,000
Cash flows from investing activities
Capital expenditures	(66,500,000)	(81,000,000)	(121,200,000)
Acquisition of additional interest in VTTI Operating	(96,200,000)	(75,000,000)	0
Net cash used in investing activities	(162,700,000)	(156,000,000)	(121,200,000)
Cash flows from financing activities
Contribution from owners	0	0	3,300,000
Proceeds from unit issuances	102,700,000	0	0
Proceeds from long-term debt	35,000,000	530,400,000	1,042,200,000
Repayment of long-term debt	(21,400,000)	(436,700,000)	(1,006,500,000)
Debt issue costs paid	(2,800,000)	0	0
Restricted cash	1,300,000	(800,000)	5,800,000
Distributions paid to unitholders	(54,000,000)	(46,000,000)	(54,900,000)
Dividends paid to non-controlling interests	(89,000,000)	(90,100,000)	(18,900,000)
Net cash used in financing activities	(28,200,000)	(43,200,000)	(29,000,000)
Effect of exchange rate changes on cash	(300,000)	(1,800,000)	(2,000,000)
Net increase/(decrease) in cash and cash equivalents	(35,300,000)	19,600,000	(18,200,000)
Cash and cash equivalents at beginning of the reporting period	55,900,000	36,300,000	54,500,000
Cash and cash equivalents at end of the reporting period	$ 20,600,000	$ 55,900,000	$ 36,300,000

Consolidated and Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 20.6	$ 55.9
Restricted cash	1.7	3.0
Trade accounts receivable	4.0	4.7
Affiliates	18.2	16.4
Other receivables and current assets	16.7	12.7
Prepaid expenses	1.6	1.2
Derivative assets	11.4	11.0
Total current assets	74.2	104.9
Non-current assets
Long-term receivables	1.0	1.0
Long-term prepaid expenses	20.5	21.7
Deferred tax assets	24.2	28.3
Property, plant and equipment	1,200.6	1,227.2
Intangible assets, net	33.4	35.2
Goodwill	107.7	110.2
Derivative assets	19.2	22.9
Total non-current assets	1,406.6	1,446.5
Total assets	1,480.8	1,551.4
Current liabilities
Trade accounts payable	17.2	19.7
Affiliates	5.9	10.2
Current installments of long-term debt, affiliates	6.0	8.9
Derivative liabilities	6.3	5.1
Other liabilities and accrued expenses	21.2	33.3
Total current liabilities	56.6	77.2
Non-current liabilities
Long-term debt	689.9	682.9
Derivative liabilities	5.4	5.8
Postretirement benefit and post-employment obligation	9.9	9.6
Environmental provisions	18.0	19.8
Deferred tax liabilities	77.9	65.8
Other long-term liabilities	17.2	16.2
Total non-current liabilities	818.3	800.1
Total liabilities	874.9	877.3
Commitments and Contingencies
Partners’ capital
Common unitholders 25,595,500 units issued and outstanding at December 31, 2016 (2015: 20,125,000 issued and outstanding)	180.2	115.9
Subordinated unitholders 20,125,000 units issued and outstanding at December 31, 2016 and 2015	85.0	115.9
General partner unitholders 933,071 units issued and outstanding at December 31, 2016 (2015: 821,429 issued and outstanding)	5.2	4.6
Total partners’ capital	270.4	236.4
Accumulated Other Comprehensive Income	(13.8)	(10.8)
Total equity before non-controlling interests	256.6	225.6
Non-controlling interests	349.3	448.5
Total equity	605.9	674.1
Total liabilities and equity	1,480.8	1,551.4
Non Affiliated Entity [Member]
Non-current liabilities
Long-term debt	554.0	541.6
Affiliates [Member]
Non-current liabilities
Long-term debt	135.9	141.3
Long-term debt, affiliates	$ 135.9	$ 141.3