Atlantic Power Corporation (AT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3 ALLIED DRIVE DEDHAM, MA 02026 |
| State of Incorp. | BC |
| Fiscal Year End | December 31 |
| Industry (SIC) | 49 - Electric, Gas, And Sanitary Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2021 MRQ | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 38,800 | 74,900 | 68,300 | 78,700 | 85,600 | 72,400 | |||
| Cash and cash equivalent | 38,800 | 74,900 | 68,300 | 78,700 | 85,600 | 72,400 | |||
| Restricted cash and investments | 7,100 | 7,700 | 2,100 | 6,200 | 13,300 | 15,200 | |||
| Receivables | 34,500 | 46,600 | 36,000 | 53,700 | 37,300 | 43,100 | |||
| Inventory, net of allowances, customer advances and progress billings | 18,300 | 18,600 | 15,800 | 17,700 | 16,000 | 16,900 | |||
| Inventory | 18,300 | 18,600 | 15,800 | 17,700 | 16,000 | 16,900 | |||
| Prepaid expense | 7,000 | 3,800 | 4,000 | 6,900 | 5,900 | 8,300 | |||
| Derivative instruments and hedges, assets | 400 | 700 | 4,200 | 2,700 | 4,000 | ||||
| Other current assets | 300 | 400 | 5,900 | 3,100 | 2,800 | 4,400 | |||
| Total current assets: | 106,400 | 152,700 | 136,300 | 169,000 | 164,900 | 160,300 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 4,600 | 6,300 | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 491,800 | 502,100 | 549,500 | 602,300 | 733,200 | 777,700 | |||
| Long-term investments and receivables | 85,000 | 96,600 | 140,800 | 163,700 | 266,800 | 286,200 | |||
| Long-term investments | 85,000 | 96,600 | 140,800 | 163,700 | 266,800 | 286,200 | |||
| Intangible assets, net (including goodwill) | 141,600 | 165,600 | 191,400 | 212,500 | 282,200 | 443,400 | |||
| Goodwill | 21,300 | 21,300 | 21,300 | 21,300 | 36,000 | 134,500 | |||
| Intangible assets, net (excluding goodwill) | 120,300 | 144,300 | 170,100 | 191,200 | 246,200 | 308,900 | |||
| Derivative instruments and hedges | 300 | 2,800 | 4,600 | 300 | |||||
| Deferred costs | 42,500 | ||||||||
| Deferred income tax assets | 17,200 | 10,400 | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 600 | 1,900 | 6,200 | 8,500 | 5,100 | 6,700 | |||
| Total noncurrent assets: | 740,800 | 782,900 | 888,200 | 989,800 | 1,291,900 | 1,556,800 | |||
| TOTAL ASSETS: | 847,200 | 935,600 | 1,024,500 | 1,158,800 | 1,456,800 | 1,717,100 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 28,100 | 32,300 | 25,000 | 28,000 | 29,600 | 37,300 | |||
| Interest and dividends payable | 2,500 | 2,600 | 2,300 | 300 | 700 | 1,600 | |||
| Accounts payable | 6,300 | 8,900 | 2,500 | 2,200 | 4,500 | 6,900 | |||
| Accrued liabilities | 19,300 | 20,800 | 20,200 | 25,500 | 24,400 | 28,800 | |||
| Debt | 2,000 | 18,100 | 15,800 | ||||||
| Derivative instruments and hedges, liabilities | 11,000 | 12,000 | 4,500 | 4,400 | 7,600 | 36,700 | |||
| Other liabilities | 200 | 200 | 200 | 1,000 | 1,800 | 2,500 | |||
| Other undisclosed current liabilities | 97,600 | 76,400 | 68,100 | 99,500 | 111,900 | ||||
| Total current liabilities: | 136,900 | 122,900 | 115,900 | 132,900 | 150,900 | 92,300 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 87,200 | 85,900 | 75,700 | 105,400 | 100,400 | 717,500 | |||
| Long-term debt, excluding current maturities | 84,100 | 81,100 | 75,700 | 105,400 | 100,400 | 717,500 | |||
| Liabilities, other than long-term debt | 14,300 | 44,300 | 29,400 | 83,300 | 145,100 | 159,700 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 9,000 | 11,700 | 68,300 | 85,700 | ||
| Deferred income tax liabilities | 23,700 | ✕ | ✕ | ✕ | ✕ | ||||
| Other liabilities | 6,200 | 4,700 | 5,000 | 51,700 | 55,500 | 53,200 | |||
| Operating lease, liability | 3,100 | 4,800 | ✕ | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 8,100 | 15,900 | 15,400 | 19,900 | 21,300 | 20,800 | |||
| Other undisclosed noncurrent liabilities | 450,200 | 544,800 | 611,100 | 640,400 | 774,500 | 312,400 | |||
| Total noncurrent liabilities: | 551,700 | 675,000 | 716,200 | 829,100 | 1,020,000 | 1,189,600 | |||
| Total liabilities: | 688,600 | 797,900 | 832,100 | 962,000 | 1,170,900 | 1,281,900 | |||
| Equity | |||||||||
| Equity, attributable to parent | (10,200) | (45,000) | (6,900) | (18,400) | 64,600 | 213,900 | |||
| Common stock | 1,219,700 | 1,259,900 | 1,260,900 | 1,274,800 | 1,272,900 | 1,290,600 | |||
| Accumulated other comprehensive loss | (139,900) | (140,700) | (146,200) | (134,800) | (148,500) | (139,300) | |||
| Accumulated deficit | (1,090,000) | (1,164,200) | (1,121,600) | (1,158,400) | (1,059,800) | (937,400) | |||
| Equity, attributable to noncontrolling interest | 168,800 | 182,700 | 199,300 | 215,200 | 221,300 | ||||
| Other undisclosed equity | 221,300 | ||||||||
| Total equity: | 158,600 | 137,700 | 192,400 | 196,800 | 285,900 | 435,200 | |||
| TOTAL LIABILITIES AND EQUITY: | 847,200 | 935,600 | 1,024,500 | 1,158,800 | 1,456,800 | 1,717,100 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 272,000 | 281,600 | 282,300 | 431,000 | 399,200 | 420,200 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 431,000 | 399,200 | 420,200 | |
| Cost of revenue (Cost of Product and Service Sold) | (220,100) | (213,800) | (241,800) | (307,200) | (368,200) | (379,700) | ||
| Gross profit: | 51,900 | 67,800 | 40,500 | 123,800 | 31,000 | 40,500 | ||
| Operating expenses | (101,400) | (110,400) | (23,900) | (257,900) | (242,000) | (159,500) | ||
| Operating income (loss): | (49,500) | (42,600) | 16,600 | (134,100) | (211,000) | (119,000) | ||
| Nonoperating income (expense) | 4,400 | (21,800) | 28,000 | (13,800) | (10,000) | 63,400 | ||
| Investment income, nonoperating | 6,800 | (8,900) | 2,200 | 2,100 | ||||
| Gain (loss), foreign currency transaction, before tax | (5,100) | (11,900) | 22,800 | (16,300) | (13,900) | 60,300 | ||
| Other nonoperating income (expense) | 2,700 | (1,000) | 3,000 | 400 | 3,900 | 3,100 | ||
| Interest and debt expense | (2,600) | (3,200) | (5,100) | (6,300) | (32,800) | (20,500) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (47,700) | (67,600) | 39,500 | (154,200) | (253,800) | (76,100) | ||
| Income (loss) from equity method investments | 42,900 | (3,000) | 43,200 | (54,800) | 35,900 | 36,700 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 54,100 | 36,600 | (45,300) | 57,900 | 89,400 | (75,100) | ||
| Income (loss) from continuing operations before income taxes: | 49,300 | (34,000) | 37,400 | (151,100) | (128,500) | (114,500) | ||
| Income tax expense (benefit) | 24,200 | (9,800) | (200) | 58,100 | 14,600 | 30,400 | ||
| Income (loss) from continuing operations: | 73,500 | (43,800) | 37,200 | (93,000) | (113,900) | (84,100) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | 73,500 | (43,800) | 37,200 | (93,000) | (113,900) | (64,600) | |
| Income from discontinued operations | 19,500 | |||||||
| Net income (loss): | 73,500 | (43,800) | 37,200 | (93,000) | (113,900) | (64,600) | ||
| Net income attributable to noncontrolling interest | 11,000 | |||||||
| Net income (loss) attributable to parent: | 73,500 | (43,800) | 37,200 | (93,000) | (113,900) | (53,600) | ||
| Preferred stock dividends and other adjustments | (8,800) | |||||||
| Other undisclosed net income (loss) available to common stockholders, basic | 700 | 1,200 | (400) | (5,600) | (8,500) | |||
| Net income (loss) available to common stockholders, basic: | 74,200 | (42,600) | 36,800 | (98,600) | (122,400) | (62,400) | ||
| Interest on convertible debt | 3,800 | 4,700 | ||||||
| Net income (loss) available to common stockholders, diluted: | 78,000 | (42,600) | 41,500 | (98,600) | (122,400) | (62,400) | ||
Comprehensive Income ($ in thousands)
| 3/31/2021 TTM | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 73,500 | (43,800) | 37,200 | (93,000) | (113,900) | (64,600) | ||
| Other comprehensive income (loss) | 800 | 5,500 | (11,400) | 13,700 | (9,200) | (71,000) | ||
| Comprehensive income (loss): | 74,300 | (38,300) | 25,800 | (79,300) | (123,100) | (135,600) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (8,500) | 2,200 | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 700 | 1,200 | (400) | (5,600) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 75,000 | (37,100) | 25,400 | (84,900) | (131,600) | (133,400) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.