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  "documentTitle": "NuStar Energy | Investor Conference Presentation Deck | 34 slides",
  "authorId": "nustar-energy",
  "authorName": "NuStar Energy",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-08-01 00:00:00",
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  "pageNumber": 30,
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      "text": "(b) For the year ended December 31, 2021, other items includes gains from insurance recoveries of $14.9 million related to damage caused by a fire in 2019 at our Selby terminal. For year ended December 31, 2020, other items includes a $34.7 million non-cash loss from the sale of our Texas City terminals in December 2020.",
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      "text": "(a) We intend to satisfy the vestings of these equity-based awards with the issuance of our common units. As such, the expenses related to these awards are considered non-cash and added back to DCF. Certain awards include distribution equivalent rights (DERs). Payments made in connection with DERs are deducted from DCF.",
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      "kind": "subtitle",
      "text": "The following is a reconciliation of net income (loss) to EBITDA, DCF, adjusted DCF, excess adjusted DCF and excess adjusted DCF over strategic capital expenditures (in thousands of dollars, except percentage data):",
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      "text": "Year Ended December 31,\n2021\n2020\nNet income (loss)\n$ 38,225 $ (198,983)\nInterest expense, net\n213,985\n229,054\nIncome tax expense\n3,888\n2,663\nDepreciation and amortization expense\n274,380\n285,101\nEBITDA\n530,478\n317,835\nInterest expense, net\n(213,985)\n(229,054)\nReliability capital expenditures\n(40,266)\n(38,572)\nIncome tax expense\n(3,888)\n(2,663)\nLong-term incentive equity awards (a)\n11,959\n9,295\nPreferred unit distributions\n(127,399)\n(124,882)\nGoodwill impairment losses\n34,060\n225,000\nOther impairment losses\n154,908\n—\nOther items (b)\n(12,833)\n36,967\nDCF\n$ 333,034 $ 193,926\nLoss on extinguishment of debt\n141,746\nAdjusted DCF\n$ 333,034 $ 335,672\nLess: distributions applicable to common limited partners\n175,470\n174,873\nExcess adjusted DCF\n$ 157,564 $ 160,799\nStrategic capital expenditures\n$ 140,867 $ 159,507\nExcess adjusted DCF over strategic capital expenditures\n112%\n101%",
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      "kind": "title",
      "text": "Reconciliation of Non-GAAP Financial Information (continued)",
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