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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash provided by operating activities:    
Net income $ 19.7 $ 5.3
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30.8 32.3
Share-based compensation 0.8 0.8
Other gain   (0.9)
Asset retirement obligations   1.4
(Gain) loss on sale of assets (0.8)  
Equity in earnings from unconsolidated affiliates (19.8) (22.3)
Distributions from unconsolidated affiliates 21.6 25.4
Unrealized foreign exchange (gain) loss (11.7) 10.2
Change in fair value of derivative instruments 4.5 11.2
Amortization of debt discount and deferred financing costs 3.3 3.6
Non-cash operating lease expense 0.9 0.8
Deferred income taxes 0.3 (0.7)
Change in other operating balances    
Accounts receivable 4.1 4.1
Inventory 0.7 0.1
Prepayments and other assets 0.5 (0.6)
Accounts payable (6.2) 0.1
Accruals and other liabilities (4.4) (2.7)
Cash provided by operating activities 44.3 68.1
Cash (used in) provided by investing activities:    
Insurance proceeds 12.7  
Proceeds from sales of assets 0.9 1.5
Purchase of property, plant and equipment (16.5) (0.4)
Cash (used in) provided by investing activities (2.9) 1.1
Cash used in financing activities:    
Common share repurchases (36.1) (0.8)
Preferred share repurchases (6.4) (7.9)
Repayment of corporate and project-level debt (37.3) (34.0)
Repayment of convertible debentures   (18.5)
Cash payments for vested LTIP withheld for taxes (0.7) (1.9)
Deferred financing costs (1.6)  
Dividends paid to preferred shareholders (3.4) (3.7)
Cash used in financing activities (85.5) (66.8)
Net (decrease) increase in cash, restricted cash and cash equivalents (44.1) 2.4
Cash, restricted cash and cash equivalents at beginning of period 82.6 70.4
Cash, restricted cash and cash equivalents at end of period 38.5 72.8
Supplemental cash flow information    
Interest paid 18.2 18.7
Income taxes paid, net 2.3 $ 2.4
Accruals for construction in progress $ 0.6