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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenue    
Total revenue $ 1,677,058 $ 1,626,392
Expenses    
Expenses 520,452 471,989
Administrative expenses 59,490 56,802
Depreciation and amortization 314,123 284,304
Loss (gain) on foreign exchange (2,108) 3,146
Costs and Expenses, Total 1,292,965 1,259,545
Operating income 384,093 366,847
Interest expense (181,934) (181,488)
Income from long-term investments 664,671 397,621
Other net losses (note 19) (61,311) (26,694)
Pension and other post-employment non-service costs (note 10) (14,072) (17,332)
Gain on derivative financial instruments (note 24(b)(iv)) 964 16,113
Nonoperating Income (Expense) 408,318 188,220
Earnings before income taxes 792,411 555,067
Income tax expense (note 18)    
Current (4,888) (16,431)
Deferred (59,695) (53,686)
Income tax expense (64,583) (70,117)
Net earnings 727,828 484,950
Non-controlling interests 67,286 62,416
Non-controlling interests held by related party (note 16(b)) (12,651) (16,482)
Net Income (Loss) Attributable To Noncontrolling Interest, Net Of Related Party 54,635 45,934
Net earnings attributable to shareholders of Algonquin Power & Utilities Corp. 782,463 530,884
Series A and D Preferred shares dividend (note 15) 8,401 8,486
Net earnings attributable to common shareholders of Algonquin Power & Utilities Corp. $ 774,062 $ 522,398
Basic net earnings per share (USD per share) $ 1.38 $ 1.05
Diluted net earnings per share (USD per share) $ 1.37 $ 1.04
Regulated electricity distribution    
Revenue    
Total revenue $ 777,577 $ 784,396
Expenses    
Expenses 227,509 247,417
Regulated gas distribution    
Revenue    
Total revenue 456,267 439,153
Expenses    
Expenses 144,271 170,487
Regulated water reclamation and distribution    
Revenue    
Total revenue 154,995 130,488
Expenses    
Expenses 12,583 8,142
Non-regulated energy sales    
Revenue    
Total revenue 255,955 246,601
Expenses    
Expenses 16,645 17,258
Other revenue    
Revenue    
Total revenue $ 32,264 $ 25,754