NextEra Energy Partners, LP (NEP) Financial Statements (2024 and earlier)
Company Profile
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023
| 12/31/2022
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | | 235,000 | 147,000 | 108,000 | 128,000 | 147,000 | 154,000 |
|
Cash and cash equivalents | | 235,000 | 147,000 | 108,000 | 128,000 | 147,000 | 154,000 |
|
Restricted cash and investments | | | | | | 8,000 | 25,000 |
|
Receivables | | 1,309,000 | 1,197,000 | 266,000 | 269,000 | 148,000 | 173,000 |
|
Inventory, net of allowances, customer advances and progress billings | | 51,000 | 41,000 | 24,000 | | | |
|
Inventory | | 51,000 | 41,000 | 24,000 | | | |
|
Derivative instruments and hedges, assets | | 65,000 | | | | | |
|
Other current assets | | 202,000 | 25,000 | 16,000 | 36,000 | 37,000 | 46,000 |
|
Other undisclosed current assets | | | | | | | |
|
Total current assets: | | 1,862,000 | 1,410,000 | 414,000 | 433,000 | 340,000 | 398,000 |
|
Noncurrent Assets |
|
Finance lease, right-of-use asset, after accumulated amortization | | 47,000 | 48,000 | | | ✕ | ✕ |
|
Operating lease, right-of-use asset | | 24,000 | 44,000 | 42,000 | 43,000 | ✕ | ✕ |
|
Property, plant and equipment | | 14,949,000 | 11,417,000 | 7,163,000 | 6,970,000 | 6,770,000 | 6,197,000 |
|
Long-term investments and receivables | | 1,917,000 | 1,896,000 | 1,814,000 | 1,653,000 | 214,000 | 218,000 |
|
Long-term investments | | 1,917,000 | 1,896,000 | 1,814,000 | 1,653,000 | 214,000 | 218,000 |
|
Intangible assets, net (including goodwill) | | 891,000 | 891,000 | 609,000 | 609,000 | 584,000 | 1,289,000 |
|
Goodwill | | 891,000 | 891,000 | 609,000 | 609,000 | 584,000 | 628,000 |
|
Intangible assets, net (excluding goodwill) | | | | | | | 661,000 |
|
Derivative instruments and hedges | | 369,000 | | | | | |
|
Restricted cash and investments | | | | | 11,000 | 9,000 | |
|
Deferred income tax assets | | 195,000 | 322,000 | 249,000 | | ✕ | ✕ |
|
Other noncurrent assets | | 333,000 | 272,000 | 131,000 | 137,000 | 108,000 | 101,000 |
|
Deferred tax assets, net | ✕ | ✕ | ✕ | ✕ | ✕ | 108,000 | 181,000 |
|
Other undisclosed noncurrent assets | | 2,465,000 | 2,676,000 | 2,140,000 | 2,400,000 | 1,272,000 | 11,000 |
|
Total noncurrent assets: | | 21,190,000 | 17,566,000 | 12,148,000 | 11,823,000 | 9,065,000 | 7,997,000 |
|
TOTAL ASSETS: | | 23,052,000 | 18,976,000 | 12,562,000 | 12,256,000 | 9,405,000 | 8,395,000 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities, including: | | 868,000 | 982,000 | 143,000 | 122,000 | 10,000 | 26,000 |
|
Interest and dividends payable | ✕ | ✕ | 26,000 | 25,000 | 40,000 | 31,000 | 39,000 |
|
Taxes payable | ✕ | ✕ | 25,000 | 22,000 | 21,000 | 19,000 | |
|
Accrued liabilities | | 59,000 | | | | | |
|
Other undisclosed accounts payable and accrued liabilities | | 809,000 | 931,000 | 96,000 | 61,000 | (40,000) | (13,000) |
|
Debt | | 38,000 | 33,000 | 12,000 | 12,000 | 707,000 | 99,000 |
|
Derivative instruments and hedges, liabilities | | 12,000 | 26,000 | 20,000 | | | 11,000 |
|
Due to related parties | ✕ | 92,000 | 104,000 | 66,000 | 58,000 | 45,000 | 45,000 |
|
Other liabilities | | 257,000 | 65,000 | 62,000 | 48,000 | 47,000 | 56,000 |
|
Other undisclosed current liabilities | | 59,000 | 51,000 | 47,000 | 61,000 | 50,000 | 39,000 |
|
Total current liabilities: | | 1,326,000 | 1,261,000 | 350,000 | 301,000 | 859,000 | 276,000 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation | | 5,250,000 | 5,294,000 | 3,376,000 | 4,132,000 | 2,728,000 | 4,218,000 |
|
Long-term debt, excluding current maturities | | 5,250,000 | 5,294,000 | 3,376,000 | 4,132,000 | 2,728,000 | 4,218,000 |
|
Liabilities, other than long-term debt | | 551,000 | 1,262,000 | 1,129,000 | 757,000 | 280,000 | 958,000 |
|
Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 707,000 |
|
Asset retirement obligations | | 299,000 | 243,000 | 144,000 | 139,000 | 95,000 | 81,000 |
|
Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | 12,000 | 63,000 |
|
Due to related parties | ✕ | 54,000 | 41,000 | 33,000 | 34,000 | 34,000 | 21,000 |
|
Other liabilities | | 196,000 | 383,000 | 170,000 | 167,000 | 139,000 | 86,000 |
|
Derivative instruments and hedges, liabilities | | 2,000 | 595,000 | 782,000 | 417,000 | | |
|
Other undisclosed noncurrent liabilities | | 1,153,000 | | | | | 735,000 |
|
Total noncurrent liabilities: | | 6,954,000 | 6,556,000 | 4,505,000 | 4,889,000 | 3,008,000 | 5,911,000 |
|
Total liabilities: | | 8,280,000 | 7,817,000 | 4,855,000 | 5,190,000 | 3,867,000 | 6,187,000 |
|
Temporary equity, carrying amount | | 101,000 | 321,000 | | | | |
|
Equity |
|
Equity, attributable to parent | | (7,000) | (8,000) | (8,000) | (8,000) | (6,000) | 1,000 |
|
Accumulated other comprehensive income (loss) | | (7,000) | (8,000) | (8,000) | (8,000) | (6,000) | 1,000 |
|
Other undisclosed equity | | 14,678,000 | 10,846,000 | 7,715,000 | 7,074,000 | 5,544,000 | 2,207,000 |
|
Total equity: | | 14,671,000 | 10,838,000 | 7,707,000 | 7,066,000 | 5,538,000 | 2,208,000 |
|
TOTAL LIABILITIES AND EQUITY: | | 23,052,000 | 18,976,000 | 12,562,000 | 12,256,000 | 9,405,000 | 8,395,000 |
Income Statement (P&L) ($ in thousands)
Comprehensive Income ($ in thousands)
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.