Capital ExpendituresCapital expenditures were $9.1 million in 2012, compared with $23.2 million in 2011. This decrease was attributable to the completion of certain capital projects undertaken on behalf of certain of our customers. FutureFuel is reimbursed for a portion of these expenditures by certain customers and grants as summarized in the following table.
|(Dollars in thousands)|
|Twelve Months Ended December 31, 2012||Twelve Months Ended December 31, 2011|
|Capital expenditures||$ 9,112||$ 23,208|
|Cash received from customers and grants as reimbursement of capital expenditures||(1,326)||(13,324)|
|Net cash paid for capital expenditures||$ 7,786||$ 9,884|