XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Project revenue:    
Project revenue $ 272.0 $ 281.6
Project expenses:    
Fuel 70.9 72.3
Operations and maintenance 89.5 77.0
Depreciation and amortization 59.7 64.5
Total project expenses 220.1 213.8
Project other income (loss):    
Change in fair value of derivative instruments (Notes 14 and 15) 6.8 (8.9)
Equity in earnings (loss) of unconsolidated affiliates (Note 6) 42.9 (3.0)
Interest, net (1.2) (1.1)
Impairment (Note 8)   (5.8)
Insurance gain (loss) (Note 23) 16.4 (1.0)
Other income (expense), net 2.1 (1.2)
Total project other income (loss) 67.0 (21.0)
Project income (loss) 118.9 46.8
Administrative and other expenses:    
Administration 24.8 23.9
Interest expense, net 42.4 44.0
Foreign exchange loss 5.1 11.9
Other (income) expense, net (Note 14) (2.7) 1.0
Total administrative and other expenses 69.6 80.8
Income (loss) from operations before income taxes 49.3 (34.0)
Income tax (benefit) expense (Note 16) (24.2) 9.8
Net income (loss) 73.5 (43.8)
Net loss attributable to preferred shares of a subsidiary company (Note 20) (0.7) (1.2)
Net income (loss) attributable to Atlantic Power Corporation $ 74.2 $ (42.6)
Net earnings (loss) per share attributable to Atlantic Power Corporation shareholders: (Note 21)    
Basic (in dollars per share) $ 0.77 $ (0.39)
Diluted (in dollars per share) $ 0.62 $ (0.39)
Weighted average number of common shares outstanding: (Note 21)    
Basic (in shares) 95.8 109.3
Diluted (in shares) 124.9 109.3
Energy sales    
Project revenue:    
Project revenue $ 137.9 $ 138.0
Energy capacity revenue    
Project revenue:    
Project revenue 113.8 125.4
Other    
Project revenue:    
Project revenue $ 20.3 $ 18.2