DCP MIDSTREAM PARTNERS, LP
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Partner’s Equity
Predecessor
Equity
Common
Unitholders
General
Partner
Accumulated Other
Comprehensive
(Loss) Income
Noncontrolling
Interests
Total
Equity
(Millions)
Balance, January 1, 2011
$ 112.6 $ 552.2 $ (6.4)
$(27.7)
$220.1 $ 850.8
Net change in parent
advances . . . . . . . . . . . . . . . .
1.7 — — —
—
1.7
Acquisition of Southeast
Texas . . . . . . . . . . . . . . . . . . .
(114.3) — — —
—
(114.3)
Excess purchase price over
acquired assets . . . . . . . . . . . . —
(34.8) —
(0.9)
—
(35.7)
Issuance of 4,357,921 common
units . . . . . . . . . . . . . . . . . . . . —
169.9 — —
—
169.9
Equity-based compensation . . . . —
3.4 — —
—
3.4
Distributions to DCP
Midstream, LLC . . . . . . . . . . —
(2.6) — —
—
(2.6)
Distributions to unitholders and
general partner . . . . . . . . . . . . —
(108.9)
(23.5) —
—
(132.4)
Distributions to noncontrolling
interests . . . . . . . . . . . . . . . . . — — — —
(44.8)
(44.8)
Contributions from
noncontrolling interests . . . . . — — — —
18.3
18.3
Comprehensive income:
Net income . . . . . . . . . . . . . . . . —
75.2 25.2 —
18.8
119.2
Reclassification of cash flow
hedges into earnings . . . . . . . — — —
20.7
—
20.7
Net unrealized losses on cash
flow hedges . . . . . . . . . . . . . . — — —
(13.3)
—
(13.3)
Total comprehensive income . . —
75.2 25.2
7.4
18.8
126.6
Balance, December 31, 2011
$ — $ 654.4 $ (4.7)
$(21.2)
$212.4 $ 840.9
See accompanying notes to consolidated financial statements.
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