Company: SDSYA
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001163609-25-000032
Chunk: 9

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 9
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 other assets(326,688)(319,500)Proceeds from sales of property and equipment100,000 13,933 Purchase of property and equipment(158,386,882)(102,570,628)Net cash used in investing activities(158,613,570)(102,876,195)Financing activities  Change in excess of outstanding checks over bank balances4,539,977 (4,926,126)Net proceeds from seasonal borrowings2,668,134 — Proceeds from issuance of capital units— 57,500,000 Distributions paid to members(7,672,273)(39,534,950)Payments for debt issue costs(16,945)— Proceeds from long-term debt165,140,417 66,535,000 Principal payments on long-term debt(15,911,365)(11,535,000)Net cash provided by financing activities148,747,945 68,038,924 Net change in cash and cash equivalents(26,981,838)(13,614,655)Cash and cash equivalents, beginning of period39,594,084 72,910,336 Cash and cash equivalents, end of period$12,612,246 $59,295,681 Supplemental disclosures of cash flow information  Cash paid during the period for:  Interest$3,592,649 $4,590,554 Noncash investing and financing activities:Soybean meal contributed as investment $366,112 $1,436,420 Property and equipment included in accounts payable and other long-term liabilities$21,445,880 $17,950,855 

The accompanying notes are an integral part of these condensed consolidated financial statements. 

8

South Dakota Soybean Processors, LLCNotes to Condensed Consolidated Financial Statements

Note 1 -         Principal Activity and Significant Accounting Policies

The unaudited condensed consolidated financial statements contained herein have been prepared pursuant to the rules and regulations of the Securities Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations, although South Dakota Soybean Processors, LLC (the “Company”, “LLC”, “we”, “our”, or “us”) believes that the disclosures made are adequate to make the information not misleading.In the opinion of management, all normal recurring adjustments considered necessary for