v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Project revenue:        
Energy sales $ 73.4 $ 49.6 $ 228.6 $ 159.0
Energy capacity revenue 51.1 42.8 132.2 117.3
Other 17.3 13.9 60.2 50.1
Total project revenue 141.8 106.3 421.0 326.4
Project expenses:        
Fuel 47.2 40.1 148.8 123.6
Operations and maintenance 38.0 26.5 112.3 88.0
Development 1.4   4.9  
Depreciation and amortization 42.2 30.6 125.7 87.3
Total project expenses 128.8 97.2 391.7 298.9
Project other income (expense):        
Change in fair value of derivative instruments (Notes 6 and 7) (3.5) 10.7 33.4 (51.3)
Equity in earnings of unconsolidated affiliates (Note 3) 39.1 4.0 55.0 12.4
Interest expense, net (9.0) (4.1) (25.7) (12.3)
Impairment of goodwill (Note 4) (34.9)   (34.9)  
Other, net 0.1   0.2  
Total project other income (expense) (8.2) 10.6 28.0 (51.2)
Project income (loss) 4.8 19.7 57.3 (23.7)
Administrative and other expenses (income):        
Administration 8.4 6.3 28.5 22.0
Interest, net 27.5 25.8 78.7 69.3
Foreign exchange loss (gain) (Note 7) 9.1 7.7 (12.9) 4.4
Other expense (income), net   0.3 (9.5) (5.7)
Total administrative and other expenses (income) 45.0 40.1 84.8 90.0
Loss from continuing operations before income taxes (40.2) (20.4) (27.5) (113.7)
Income tax expense (benefit) (Note 8)   3.1 (1.9) (19.1)
Loss from continuing operations (40.2) (23.5) (25.6) (94.6)
Net income (loss) from discontinued operations, net of tax (Note 11) (0.4) 19.0 (6.1) 48.8
Net loss (40.6) (4.5) (31.7) (45.8)
Net loss attributable to noncontrolling interests (2.5) (0.4) (3.3) (0.7)
Net income attributable to preferred shares dividends of a subsidiary company 3.2 3.4 9.5 9.8
Net loss attributable to Atlantic Power Corporation $ (41.3) $ (7.5) $ (37.9) $ (54.9)
Basic earnings (loss) per share: (Note 10)        
Loss from continuing operations attributable to Atlantic Power Corporation (in dollars per share) $ (0.34) $ (0.22) $ (0.27) $ (0.90)
Income (loss) from discontinued operations, net of tax (in dollars per share) $ 0.00 $ 0.16 $ (0.05) $ 0.42
Net loss attributable to Atlantic Power Corporation (in dollars per share) $ (0.34) $ (0.06) $ (0.32) $ (0.48)
Diluted earnings (loss) per share: (Note 10)        
Loss from continuing operations attributable to Atlantic Power Corporation (in dollars per share) $ (0.34) $ (0.22) $ (0.27) $ (0.90)
Income (loss) from discontinued operations, net of tax (in dollars per share) $ 0.00 $ 0.16 $ (0.05) $ 0.42
Net loss attributable to Atlantic Power Corporation (in dollars per share) $ (0.34) $ (0.06) $ (0.32) $ (0.48)
Weighted average number of common shares outstanding: (Note 10)        
Basic (in shares) 120.0 119.0 119.8 115.4
Diluted (in shares) 120.0 119.0 119.8 115.4