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Consolidated Statements of Operations - CAD
CAD in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Earnings Per Share, Diluted CAD 0.47 CAD 0.44
Revenue    
Regulated electricity distribution CAD 989,221 CAD 228,097
Regulated gas distribution 493,208 405,735
Regulated water reclamation and distribution 181,851 181,655
Non-regulated energy sales 282,558 243,149
Other revenue 30,971 37,382
Total revenue 1,977,809 1,096,018
Expenses    
Operating expenses 598,658 333,001
Regulated electricity purchased 288,183 119,825
Regulated gas purchased 184,523 142,003
Regulated water purchased 12,310 12,227
Non-regulated energy purchased 25,384 21,260
Administrative expenses 64,466 46,349
Depreciation and amortization 326,447 186,899
Loss (gain) on foreign exchange 373 (436)
Costs and Expenses, Total 1,500,344 861,128
Operating income 477,465 234,890
Interest expense on long-term debt and others 184,993 73,962
Interest expense on convertible debentures and amortization of acquisition financing (notes 9(b) and 14) 17,638 57,630
Interest, dividend, equity and other income (11,989) (10,573)
Other losses (gains) (note 23(a)) 632 (11,818)
Acquisition-related costs 62,777 12,028
Gain on derivative financial instruments (note 25(b)(iv)) (2,626) (15,849)
Nonoperating Income (Expense) 251,425 105,380
Earnings (loss) before income taxes 226,040 129,510
Income tax expense (note 20)    
Current 9,908 8,461
Deferred 85,286 28,675
Income tax expense 95,194 37,136
Net earnings 130,846 92,374
Net effect of non-controlling interests (note 19) 62,248 38,550
Net earnings attributable to shareholders of Algonquin Power & Utilities Corp. 193,094 130,924
Series A and D Preferred shares dividend (note 17) 10,400 10,400
Net earnings attributable to common shareholders of Algonquin Power & Utilities Corp. CAD 182,694 CAD 120,524
Basic net earnings per share (CAD per share) CAD 0.48 CAD 0.44