v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Project revenue:      
Revenues $ 281.6 $ 282.3 $ 431.0
Project expenses:      
Fuel 72.3 73.1 106.3
Operations and maintenance 77.0 85.0 87.8
Depreciation and amortization 64.5 83.7 113.1
Total project expenses 213.8 241.8 307.2
Project other income (loss):      
Change in fair value of derivative instruments (Notes 14 and 15) (8.9) 2.2 2.1
Equity in (loss) earnings of unconsolidated affiliates (Note 6) (3.0) 43.2 (54.8)
Interest, net (1.1) (1.8) (17.5)
Impairment (Note 9) (5.8)   (101.1)
Insurance loss (Note 23) (1.0)    
Other (expense) income, net (1.2) 4.1 0.1
Total project other income (loss) (21.0) 47.7 (171.2)
Project income (loss) 46.8 88.2 (47.4)
Administrative and other expenses:      
Administration 23.9 23.9 23.6
Interest expense, net 44.0 52.7 64.2
Foreign exchange loss (gain) 11.9 (22.8) 16.3
Other expense (income), net (Note 14) 1.0 (3.0) (0.4)
Total administrative and other expenses 80.8 50.8 103.7
(Loss) income from operations before income taxes (34.0) 37.4 (151.1)
Income tax expense (Note 16) 9.8 0.2 (58.1)
Net (loss) income (43.8) 37.2 (93.0)
Net (loss) income attributable to preferred shares of a subsidiary company (Note 20) (1.2) 0.4 5.6
Net (loss) income attributable to Atlantic Power Corporation $ (42.6) $ 36.8 $ (98.6)
Net (loss) earnings per share attributable to Atlantic Power Corporation shareholders: (Note 21)      
Basic (in dollars per share) $ (0.39) $ 0.33 $ (0.86)
Diluted (in dollars per share) $ (0.39) $ 0.29 $ (0.86)
Weighted average number of common shares outstanding: (Note 21)      
Basic (in shares) 109.3 112.0 115.1
Diluted (in shares) 109.3 141.8 115.1
Energy sales      
Project revenue:      
Revenues $ 138.0 $ 130.9 $ 148.9
Energy capacity revenue      
Project revenue:      
Revenues 125.4 97.9 105.8
Other (Note 4)      
Project revenue:      
Revenues $ 18.2 $ 53.5 $ 176.3