TerraForm Power, Inc. (TERP) financial statements (2022 and earlier)

Company profile

Business Address 200 LIBERTY STREET
NEW YORK, NY 10281
State of Incorp. DE
Fiscal Year End December 31
SIC 4911 - Electric Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

Current Assets
Cash, cash equivalents, and short-term investments 249128565627
Cash and cash equivalents 249128565627
Restricted cash and investments 2854115153
Receivables 1459489104
Inventory, net of allowances, customer advances and progress billings 8   
Inventory 8   
Deferred costs    18
Disposal group, including discontinued operation   62 
Other current assets 356   
Other undisclosed current assets (284)656254
Total current assets: 501342893954
Noncurrent Assets
Property, plant and equipment 6,4704,8024,9935,802
Intangible assets, net (including goodwill) 2,1171,0781,1421,302
Goodwill 121  56
Intangible assets, net (excluding goodwill) 1,9961,0781,1421,246
Restricted cash and investments 11743314
Disposal group, including discontinued operation, noncurrent assets   552 
Deferred costs    36
Other noncurrent assets 126123115120
Other undisclosed noncurrent assets   8 
Total noncurrent assets: 8,8296,0456,8137,274
TOTAL ASSETS: 9,3306,3877,7068,228
Current Liabilities
Debt 4644032,2132,032
Due to related parties    20
Disposal group, including discontinued operation   22 
Deferred revenue and credits181815
Contract with customer, liability2
Other liabilities 38   
Other undisclosed current liabilities 18493142151
Total current liabilities: 6885142,3952,218
Noncurrent Liabilities
Long-term debt and lease obligation 5,2983,1951,7382,550
Long-term debt, excluding current maturities 5,2983,1951,7382,550
Liabilities, other than long-term debt 397249674344
Deferred revenue and credits385670
Contract with customer, liability12
Asset retirement obligations 213155149215
Deferred tax liabilities, net 192827
Disposal group, including discontinued operation, liabilities   411 
Other liabilities 173383131
Other undisclosed noncurrent liabilities 179   
Total noncurrent liabilities: 5,8743,4442,4122,894
Total liabilities: 6,5623,9584,8075,112
Temporary equity, carrying amount 3358180176
Stockholders' equity
Stockholders' equity attributable to parent, including: 2,0671,5101,2531,185
Treasury stock, value (7)(7)(4)(2)
Additional paid in capital 2,3911,8661,4671,267
Accumulated other comprehensive income 40482323
Accumulated deficit (360)(399)(234)(105)
Other undisclosed stockholders' equity attributable to parent 2111
Stockholders' equity attributable to noncontrolling interest 6678601,4651,756
Total stockholders' equity: 2,7352,3702,7182,940
TOTAL LIABILITIES AND EQUITY: 9,3306,3877,7068,228

Income statement (P&L) ($ in millions)

Gross profit: 767610655470
Operating expenses (697)(570)(566)(464)
Operating income: 7041896
Nonoperating expense (236)(297)(330)(227)
Interest and debt expense (1)(81)(1)(16)
Other undisclosed income from continuing operations before equity method investments, income taxes 181116
Loss from continuing operations before income taxes: (166)(256)(241)(221)
Income tax expense (benefit) 1223(0)13
Net loss: (153)(233)(242)(208)
Net income attributable to noncontrolling interest 17580130138
Other undisclosed net loss attributable to parent (184)(90)(148)(148)
Net loss attributable to parent: (163)(244)(260)(218)
Other undisclosed net income available to common stockholders, basic 17580130138
Net income (loss) available to common stockholders, diluted: 12(164)(130)(80)

Comprehensive Income ($ in millions)

Net loss: (153)(233)(242)(208)
Other comprehensive income (loss) (14)40113
Comprehensive loss: (167)(192)(241)(195)
Comprehensive income, net of tax, attributable to noncontrolling interest 16654111141
Other undisclosed comprehensive loss, net of tax, attributable to parent    (42)
Comprehensive loss, net of tax, attributable to parent: (1)(138)(130)(95)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios


Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: