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NSH > SEC Filings for NSH > Form 8-K on 24-Apr-2013All Recent SEC Filings

Show all filings for NUSTAR GP HOLDINGS, LLC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for NUSTAR GP HOLDINGS, LLC


24-Apr-2013

Results of Operations and Financial Condition, Financial Statements and E


Item 2.02 Results Of Operations And Financial Condition.

On April 24, 2013, NuStar GP Holdings, LLC, a Delaware limited liability company, issued a press release announcing financial results for the quarter ended March 31, 2013. A copy of the press release announcing the financial results is furnished with this report as Exhibit 99.1, and is incorporated herein by reference.

The information in this report is being furnished, not filed, pursuant to Item 2.02 of Form 8-K. Accordingly, the information in this report, including the press release, will not be incorporated by reference into any registration statement filed by NuStar GP Holdings, LLC under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

NON-GAAP FINANCIAL MEASURES

The press release announcing the earnings discloses certain financial measures, EBITDA, distributable cash flow, and distributable cash flow per unit, that are non-GAAP financial measures as defined under SEC rules. The press release furnishes a reconciliation of these non-GAAP financial measures to their nearest GAAP financial measures. Management uses these financial measures because they are widely accepted financial indicators used by investors to compare company performance. In addition, management believes that these measures provide investors an enhanced perspective of the operating performance of the company's assets and the cash that the business is generating. None of EBITDA, distributable cash flow or distributable cash flow per unit is intended to represent cash flows for the period, nor are they presented as an alternative to net income or cash flow from operations. They should not be considered in isolation or as substitutes for a measure of performance prepared in accordance with United States generally accepted accounting principles.



Item 9.01 Financial Statements and Exhibits.

d) Exhibits.

Exhibit Number EXHIBIT
Exhibit 99.1 Press Release dated April 24, 2013.


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