v3.3.1.900
CONSOLIDATED STATEMENTS OF OPERATIONS
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
USD ($)
$ / shares
shares
Dec. 31, 2014
USD ($)
$ / shares
shares
Dec. 31, 2013
USD ($)
$ / shares
shares
Project revenue:      
Energy sales $ 191.5 $ 236.9 $ 231.7
Energy capacity revenue 149.3 161.3 163.7
Other 79.4 91.7 78.0
Total project revenue 420.2 489.9 473.4
Project expenses:      
Fuel 165.1 210.4 194.3
Operations and maintenance 103.5 109.0 130.0
Development 1.1 3.7 7.2
Depreciation and amortization 110.0 122.3 124.3
Total project expenses 379.7 445.4 455.8
Project other income (loss):      
Change in fair value of derivative instruments (Notes 13 and 14) 15.4 6.8 25.5
Equity in earnings of unconsolidated affiliates (Note 5) 36.7 25.5 25.8
Gain on sale of equity investments (Note 3)   8.6 30.4
Interest expense, net (8.2) (17.7) (19.9)
Impairment, continuing operations (Note 8) (127.8) (106.6) (34.9)
Other income, net (Note 3) 2.0   0.5
Total project other income (expense) (81.9) (83.4) 27.4
Project (loss) income (41.4) (38.9) 45.0
Administrative and other expenses (income):      
Administration 29.4 37.9 35.2
Interest, net 107.1 146.7 104.1
Foreign exchange gain (Note 14) (60.3) (38.3) (27.4)
Other income, net (Note 12) (3.1) (0.6) (10.5)
Total administrative and other expenses (income) 73.1 145.7 101.4
Loss from continuing operations before income taxes (114.5) (184.6) (56.4)
Income tax benefit (Note 15) (30.4) (31.4) (32.8)
Loss from continuing operations (84.1) (153.2) (23.6)
Net income (loss) from discontinued operations, net of tax (Note 21) 19.5 (29.0) (0.2)
Net loss (64.6) (182.2) (23.8)
Net loss attributable to noncontrolling interests (11.0) (16.4) (3.4)
Net income attributable to preferred shares of a subsidiary company 8.8 11.6 12.6
Net loss attributable to Atlantic Power Corporation $ (62.4) $ (177.4) $ (33.0)
Basic and diluted loss per share: (Note 20)      
Loss from continuing operations attributable to Atlantic Power Corporation | $ / shares $ (0.76) $ (1.37) $ (0.30)
Income (loss) from discontinued operations, net of tax | $ / shares 0.25 (0.10) 0.02
Net loss attributable to Atlantic Power Corporation | $ / shares $ (0.51) $ (1.47) $ (0.28)
Weighted average number of common shares outstanding: (Note 20)      
Basic (in shares) | shares 121.9 120.7 119.9
Diluted (in shares) | shares 121.9 120.7 119.9
Dividend per common share (in dollars per share) | (per share) $ 0.09 $ 0.29 $ 0.54