v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 30.3 $ 74.9
Restricted cash 2.6 7.7
Accounts receivable 29.4 30.4
Insurance recovery receivable (Note 13)   13.5
Current portion of derivative instruments asset (Notes 6 and 7)   0.7
Inventory 19.5 18.6
Prepayments 5.5 3.8
Income taxes receivable 2.4 1.8
Lease receivable   0.9
Other current assets 0.2 0.4
Total current assets 89.9 152.7
Property, plant, and equipment, net 494.8 502.1
Equity method investments in unconsolidated affiliates (Note 4) 91.4 96.6
Power purchase agreements and intangible assets, net 125.8 144.3
Goodwill 21.3 21.3
Operating lease right-of-use assets (Note 14) 4.9 6.3
Deferred income taxes (Note 8) 11.7 10.4
Other assets 0.6 1.9
Total assets 840.4 935.6
Current liabilities:    
Accounts payable 4.0 8.9
Accrued interest 3.4 2.6
Other accrued liabilities 19.3 20.8
Current portion of long-term debt (Note 5) 91.0 76.4
Current portion of derivative instruments liability (Notes 6 and 7) 10.6 12.0
Operating lease liabilities (Note 14) 2.0 2.0
Other current liabilities 0.6 0.2
Total current liabilities 130.9 122.9
Long-term debt, net of unamortized discount and deferred financing costs (Note 5) 399.7 473.5
Convertible debentures, net of discount and unamortized deferred financing costs 79.8 81.1
Derivative instruments liability (Notes 6 and 7) 9.1 15.9
Deferred income taxes (Note 8) 25.8 23.7
Power purchase agreements and intangible liabilities, net 18.1 19.8
Asset retirement obligations, net 50.2 51.5
Operating lease liabilities (Note 14) 3.4 4.8
Other long-term liabilities 4.1 4.7
Total liabilities 721.1 797.9
Equity    
Common shares, no par value, unlimited authorized shares; 89,222,568 and 108,675,294 issued and outstanding at September 30, 2020 and December 31, 2019 (Note 11) 1,219.4 1,259.9
Accumulated other comprehensive loss (Note 3) (144.7) (140.7)
Retained deficit (1,124.2) (1,164.2)
Total Atlantic Power Corporation shareholders' deficit (49.5) (45.0)
Preferred shares issued by a subsidiary company (Note 11) 168.8 182.7
Total equity 119.3 137.7
Total liabilities and equity $ 840.4 $ 935.6