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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 38.0 $ 74.9
Restricted cash 0.5 7.7
Accounts receivable 26.3 30.4
Insurance recovery receivable (Note 13) 0.8 13.5
Current portion of derivative instruments asset (Notes 6 and 7)   0.7
Inventory 17.7 18.6
Prepayments 4.5 3.8
Income taxes receivable (Note 8) 2.9 1.8
Lease receivable   0.9
Other current assets 0.2 0.4
Total current assets 90.9 152.7
Property, plant, and equipment, net 493.6 502.1
Equity method investments in unconsolidated affiliates (Note 4) 94.8 96.6
Power purchase agreements and intangible assets, net 131.3 144.3
Goodwill 21.3 21.3
Operating lease right-of-use assets (Note 14) 5.4 6.3
Deferred income taxes (Note 8) 11.0 10.4
Other assets 0.6 1.9
Total assets 848.9 935.6
Current liabilities:    
Accounts payable 3.7 8.9
Accrued interest 2.3 2.6
Other accrued liabilities 17.5 20.8
Current portion of long-term debt (Note 5) 86.0 76.4
Current portion of derivative instruments liability (Notes 6 and 7) 17.3 12.0
Operating lease liabilities (Note 14) 2.1 2.0
Other current liabilities 0.5 0.2
Total current liabilities 129.4 122.9
Long-term debt, net of unamortized discount and deferred financing costs (Note 5) 420.1 473.5
Convertible debentures, net of discount and unamortized deferred financing costs 77.7 81.1
Derivative instruments liability (Notes 6 and 7) 14.1 15.9
Deferred income taxes (Note 8) 24.9 23.7
Power purchase agreements and intangible liabilities, net 18.4 19.8
Asset retirement obligations, net 50.7 51.5
Operating lease liabilities (Note 14) 3.8 4.8
Other long-term liabilities 4.1 4.7
Total liabilities 743.2 797.9
Equity    
Common shares, no par value, unlimited authorized shares; 91,952,348 and 108,675,294 issued and outstanding at June 30, 2020 and December 31, 2019 (Note 11) 1,224.6 1,259.9
Accumulated other comprehensive loss (Note 3) (147.3) (140.7)
Retained deficit (1,140.4) (1,164.2)
Total Atlantic Power Corporation shareholders' deficit (63.1) (45.0)
Preferred shares issued by a subsidiary company (Note 11) 168.8 182.7
Total equity 105.7 137.7
Total liabilities and equity $ 848.9 $ 935.6