• Entity registrant name: Scorpio Tankers Inc. (CIK: 0001483934)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1483934/000148393418000015/0001483934-18-000015-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1483934/000148393418000015/stng-20171231.xml
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    Component: (Network and Table)
    Network
    1005000 - Statement - Consolidated Cash Flow Statements
    (http://www.scorpiotankers.com/role/ConsolidatedCashFlowStatements)
    Table (Implied)
    Slicers (applies to each fact value in each table cell)
    Reporting Entity [Axis] 0001483934 (http://www.sec.gov/CIK)
    Statement of cash flows [abstract] Period [Axis]
    2017-01-01 - 2017-12-31
    2016-01-01 - 2016-12-31
    2015-01-01 - 2015-12-31
    Statement of cash flows [abstract]
     
     
     
    Operating activities
     
     
     
    Net (loss) / income
    (158,240,000) 
    (24,903,000) 
    217,749,000  
    Gain on sale of Dorian Shares
    0  
    0  
    (1,179,000) 
    Loss from sales of vessels
    23,345,000  
    2,078,000  
    35,000  
    Write-off of vessel purchase options
    0  
    0  
    731,000  
    Depreciation
    141,418,000  
    121,461,000  
    107,356,000  
    Amortization of restricted stock
    22,385,000  
    30,207,000  
    33,687,000  
    Amortization of deferred financing fees
    13,381,000  
    14,149,000  
    14,688,000  
    Write-off of deferred financing fees
    2,467,000  
    14,479,000  
    2,730,000  
    Bargain purchase gain
    (5,417,000) 
    0  
    0  
    Share based merger transaction costs
    5,973,000  
    0  
    0  
    Unrealized (gain) / loss on derivative financial instruments
    0  
    (1,371,000) 
    1,255,000  
    Amortization of acquired time charter contracts
    0  
    65,000  
    513,000  
    Accretion of Convertible Notes
    12,211,000  
    11,562,000  
    11,096,000  
    Accretion of fair market measurement on debt assumed from merger with NPTI
    1,478,000  
    0  
    0  
    Gain on repurchase of Convertible Notes
    0  
    (994,000) 
    (46,000) 
    Cash flows from (used) in operating activities before changes in assets and liabilities
    59,001,000  
     
    166,733,000  
     
    388,615,000  
     
    Changes in assets and liabilities:
     
     
     
    (Increase) / decrease in inventories
    (1,319,000) 
    564,000  
    (1,909,000) 
    (Increase) / decrease in accounts receivable
    (1,478,000) 
    26,688,000  
    9,184,000  
    Decrease / (increase) in prepaid expenses and other current assets
    12,219,000  
    (5,546,000) 
    (1,615,000) 
    (Increase) / decrease in other assets
    (22,651,000) 
    2,045,000  
    (14,153,000) 
    Increase / (decrease) in accounts payable
    3,694,000  
    (2,487,000) 
    775,000  
    (Decrease) / increase in accrued expenses
    (7,665,000) 
    (9,486,000) 
    11,206,000  
    Interest rate swap termination payment
    0  
    0  
    (128,000) 
    Total changes in assets and liabilities
    (17,200,000) 
     
    11,778,000  
     
    3,360,000  
     
    Net cash inflow from operating activities
    41,801,000  
     
    178,511,000  
     
    391,975,000  
     
    Investing activities
     
     
     
    Acquisition of vessels and payments for vessels under construction
    (258,311,000) 
    (126,842,000) 
    (905,397,000) 
    Proceeds from disposal of vessels
    127,372,000  
    158,175,000  
    90,820,000  
    Net cash paid for the merger with NPTI
    (23,062,000) 
    0  
    0  
    Drydock payments
    (5,922,000) 
    0  
    0  
    Proceeds from sale of Dorian shares
    0  
    0  
    142,436,000  
    Deposit returned for vessel purchases
    0  
    0  
    (31,277,000) 
    Net cash (outflow) / inflow from investing activities
    (159,923,000) 
     
    31,333,000  
     
    (703,418,000) 
     
    Financing activities
     
     
     
    Debt repayments
    (546,296,000) 
    (753,431,000) 
    (226,260,000) 
    Issuance of debt
    525,642,000  
    565,028,000  
    643,550,000  
    Debt issuance costs
    (11,758,000) 
    (10,679,000) 
    (8,497,000) 
    Increase in restricted cash
    (2,279,000) 
    0  
    0  
    Repayment of Convertible Notes
    0  
    (8,393,000) 
    (1,632,000) 
    Gross proceeds from issuance of common stock
    303,500,000  
    0  
    159,747,000  
    Equity issuance costs
    (15,056,000) 
    (24,000) 
    (7,554,000) 
    Dividends paid
    (9,561,000) 
    (86,923,000) 
    (87,056,000) 
    Redemption of NPTI Redeemable Preferred Shares
    (39,495,000) 
    0  
    0  
    Repurchase of common stock
    0  
    (16,505,000) 
    (76,028,000) 
    Net cash inflow / (outflow) from financing activities
    204,697,000  
     
    (310,927,000) 
     
    396,270,000  
     
    Increase / (decrease) in cash and cash equivalents
    86,575,000  
     
    (101,083,000) 
     
    84,827,000  
     
    Cash and cash equivalents at January 1,
    186,462,000  
     
    99,887,000  
     
    200,970,000  
     
    Cash and cash equivalents at December 31,
    99,887,000  
    200,970,000  
    116,143,000  
    Supplemental information:
     
     
     
    Interest paid
    92,034,000  
    69,008,000  
    63,418,000