v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Project revenue:        
Energy sales $ 68.1 $ 49.4 $ 137.1 $ 109.4
Energy capacity revenue 54.4 37.5 99.2 74.5
Other 16.5 14.5 42.9 36.2
Total project revenue 139.0 101.4 279.2 220.1
Project expenses:        
Fuel 52.0 37.3 101.6 83.5
Operations and maintenance 46.9 37.9 75.2 62.6
Development 1.8   3.5  
Depreciation and amortization 42.2 30.3 83.5 56.8
Total project expenses 142.9 105.5 263.8 202.9
Project other income (expense):        
Change in fair value of derivative instruments (Notes 6 and 7) 24.3 (4.8) 36.9 (62.0)
Equity in earnings of unconsolidated affiliates (Note 3) 8.7 5.5 15.9 8.4
Interest expense, net (8.7) (4.1) (16.7) (8.1)
Other, net (4.8)   (4.8)  
Total project other income (expense) 19.5 (3.4) 31.3 (61.7)
Project income (loss) 15.6 (7.5) 46.7 (44.5)
Administrative and other expenses (income):        
Administration 11.8 8.0 20.1 15.7
Interest, net 25.3 21.4 51.2 43.4
Foreign exchange gain (Note 7) (14.5) (4.2) (22.0) (3.2)
Other income, net (9.5) (6.0) (9.5) (6.0)
Total administrative and other expenses (income) 13.1 19.2 39.8 49.9
Income (loss) from continuing operations before income taxes 2.5 (26.7) 6.9 (94.4)
Income tax benefit (Note 8) 0.6 (5.3) (1.9) (22.2)
Income (loss) from continuing operations 1.9 (21.4) 8.8 (72.2)
Income (loss) from discontinued operations, net of tax (Note 11) (0.7) 19.3 0.2 30.9
Net income (loss) 1.2 (2.1) 9.0 (41.3)
Net income (loss) attributable to noncontrolling interests 1.1 (0.2) (0.8) (0.3)
Net income attributable to preferred shares dividends of a subsidiary company 3.1 3.2 6.3 6.4
Net income (loss) attributable to Atlantic Power Corporation $ (3.0) $ (5.1) $ 3.5 $ (47.4)
Basic earnings (loss) per share: (Note 10)        
Income (loss) from continuing operations attributable to Atlantic Power Corporation (in dollars per share) $ (0.02) $ (0.21) $ 0.03 $ (0.69)
Income (loss) from discontinued operations, net of tax (in dollars per share) $ (0.01) $ 0.17 $ 0.00 $ 0.27
Net income (loss) attributable to Atlantic Power Corporation (in dollars per share) $ (0.03) $ (0.04) $ 0.03 $ (0.42)
Diluted earnings (loss) per share: (Note 10)        
Income (loss) from continuing operations attributable to Atlantic Power Corporation (in dollars per share) $ (0.02) $ (0.21) $ 0.03 $ (0.69)
Income (loss) from discontinued operations, net of tax (in dollars per share) $ (0.01) $ 0.17 $ 0.00 $ 0.27
Net income (loss) attributable to Atlantic Power Corporation (in dollars per share) $ (0.03) $ (0.04) $ 0.03 $ (0.42)
Weighted average number of common shares outstanding: (Note 10)        
Basic (in shares) 119.9 113.7 119.7 113.6
Diluted (in shares) 119.9 113.7 120.3 113.6