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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenue    
Other revenue $ 2,285,479 $ 1,676,991
Expenses    
Administrative expenses 66,726 63,122
Depreciation and amortization 402,963 314,123
Loss (gain) on foreign exchange 4,371 (2,108)
Costs and expenses, total 1,895,288 1,292,965
Gain on sale of renewable assets (note 8(c)) 29,063 0
Operating income 419,254 384,026
Interest expense (209,554) (181,934)
Income (loss) from long-term investments (note 8) (26,457) 664,738
Other net losses (note 19) (22,949) (61,311)
Pension and other post-employment non-service costs (note 10) (16,313) (14,072)
Gain (loss) on derivative financial instruments (note 24(b)(iv)) (1,749) 964
Earnings before income taxes 142,232 792,411
Income tax recovery (expense) (note 18)    
Current (7,237) (4,888)
Deferred 50,662 (59,695)
Income tax expense 43,425 (64,583)
Net earnings 185,657 727,828
Non-controlling interests 89,637 67,286
Non-controlling interests held by related party (10,435) (12,651)
Net effect of non-controlling interests 79,202 54,635
Net earnings attributable to shareholders of Algonquin Power & Utilities Corp. 264,859 782,463
Preferred shares, Series A and preferred shares, Series D dividend (note 15) 9,003 8,401
Net earnings attributable to common shareholders of Algonquin Power & Utilities Corp. $ 255,856 $ 774,062
Basic net earnings per share (USD per share) $ 0.41 $ 1.38
Diluted net earnings per share (USD per share) $ 0.41 $ 1.37
Operating expenses    
Expenses    
Expenses $ 702,128 $ 516,820
Regulated electricity distribution    
Revenue    
Other revenue 1,183,399 776,309
Expenses    
Expenses 475,764 227,509
Regulated gas distribution    
Revenue    
Other revenue 525,897 454,743
Expenses    
Expenses 194,174 144,271
Regulated water reclamation and distribution    
Revenue    
Other revenue 234,875 154,995
Expenses    
Expenses 12,664 12,583
Non-regulated energy sales    
Revenue    
Other revenue 267,970 255,955
Expenses    
Expenses 36,498 16,645
Other revenue    
Revenue    
Other revenue $ 73,338 $ 34,989