HollyFrontier 2014 Annual Report Download - page 57

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Table of Content
49
Reconciliation of produced product sales to total sales and other revenues
Years Ended December 31,
2014 2013 2012
(Dollars in thousands, except per barrel amounts)
Consolidated
Average sales price per produced barrel sold $ 110.19 $ 115.60 $ 119.48
Times sales of produced refined products (BPD) 420,990 410,730 431,060
Times number of days in period 365 365 366
Produced refined product sales $ 16,931,944 $ 17,330,342 $ 18,850,116
Total produced refined product sales $ 16,931,944 $ 17,330,342 $ 18,850,116
Add refined product sales from purchased products and rounding (1) 1,566,925 1,581,395 572,206
Total refined product sales 18,498,869 18,911,737 19,422,322
Add direct sales of excess crude oil (2) 1,060,354 1,052,915 505,971
Add other refining segment revenue (3) 147,002 140,791 114,662
Total refining segment revenue 19,706,225 20,105,443 20,042,955
Add HEP segment sales and other revenues 332,626 307,053 288,501
Add corporate and other revenues 2,103 1,314 1,048
Subtract consolidations and eliminations (276,627) (253,250) (241,780)
Sales and other revenues $ 19,764,327 $ 20,160,560 $ 20,090,724
Reconciliation of average cost of products per produced barrel sold to cost of products sold (exclusive of lower of cost or
market inventory valuation adjustment)
Years Ended December 31,
2014 2013 2012
(Dollars in thousands, except per barrel amounts)
Consolidated
Average cost of products per produced barrel sold $ 96.21 $ 99.61 $ 94.59
Times sales of produced refined products (BPD) 420,990 410,730 431,060
Times number of days in period 365 365 366
Cost of products for produced products sold $ 14,783,758 $ 14,933,178 $ 14,923,271
Total cost of products for produced products sold $ 14,783,758 $ 14,933,178 $ 14,923,271
Add refined product costs from purchased products and rounding (1) 1,572,944 1,553,476 572,755
Total cost of refined products sold 16,356,702 16,486,654 15,496,026
Add crude oil cost of direct sales of excess crude oil (2) 1,030,235 1,048,224 492,790
Add other refining segment cost of products sold (4) 113,664 106,241 90,132
Total refining segment cost of products sold 17,500,601 17,641,119 16,078,948
Subtract consolidations and eliminations (272,216) (248,892) (238,305)
Costs of products sold (exclusive of lower of cost or market inventory
valuation adjustment and depreciation and amortization) $ 17,228,385 $ 17,392,227 $ 15,840,643