v3.19.3.a.u2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 74.9 $ 68.3
Restricted cash 7.7 2.1
Accounts receivable 30.4 35.7
Insurance recovery receivable (Note 23) 13.5  
Current portion of derivative instruments asset (Notes 14 and 15) 0.7 4.2
Inventory (Note 7) 18.6 15.8
Prepayments 3.8 4.0
Income taxes receivable (Note 16) 1.8 0.3
Lease receivable (Note 24) 0.9  
Other current assets 0.4 5.9
Total current assets 152.7 136.3
Property, plant, and equipment, net (Note 8) 502.1 549.5
Equity investments in unconsolidated affiliates (Note 6) 96.6 140.8
Power purchase agreements and intangible assets, net (Note 10) 144.3 170.1
Goodwill (Note 9) 21.3 21.3
Derivative instruments asset (Notes 14 and 15)   0.3
Operating lease right-of-use assets (Note 24) 6.3  
Deferred income taxes (Note 16) 10.4 7.0
Other assets 1.9 6.2
Total assets 935.6 1,031.5
Current liabilities:    
Accounts payable 8.9 2.5
Accrued interest 2.6 2.3
Other accrued liabilities 20.8 20.2
Current portion of long-term debt (Note 12) 76.4 68.1
Current portion of derivative instruments liability (Notes 14 and 15) 12.0 4.5
Convertible debentures (Note 13)   18.1
Operating lease liabilities (Note 24) 2.0  
Other current liabilities 0.2 0.2
Total current liabilities 122.9 115.9
Long-term debt, net of unamortized discount and deferred financing costs (Note 12) 473.5 540.7
Convertible debentures, net of discount and unamortized deferred financing costs (Note 13) 81.1 75.7
Derivative instruments liability (Notes 14 and 15) 15.9 15.4
Deferred income taxes (Note 16) 23.7 16.0
Power purchase agreements and intangible liabilities, net (Note 10) 19.8 21.2
Asset retirement obligations, net (Note 11) 51.5 49.2
Operating lease liabilities (Note 24) 4.8  
Other long-term liabilities (Note 11) 4.7 5.0
Total liabilities 797.9 839.1
Equity    
Common shares, no par value, unlimited authorized shares; 108,675,294 and 108,341,738 issued and outstanding at December 31, 2019 and December 31, 2018 (Note 19) 1,259.9 1,260.9
Accumulated other comprehensive loss (Note 5) (140.7) (146.2)
Retained deficit (1,164.2) (1,121.6)
Total Atlantic Power Corporation shareholders’ equity (45.0) (6.9)
Preferred shares issued by a subsidiary company (Note 20) 182.7 199.3
Total equity 137.7 192.4
Total liabilities and equity $ 935.6 $ 1,031.5