XML 24 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenue    
Revenue $ 2,319,538 $ 2,403,924
Expenses    
Other cost of sales 23,686 26,528
Depreciation and amortization 395,687 354,079
Asset impairment charge 0 1,481
Loss on foreign exchange 3,483 13,659
Costs and expenses, total 1,873,449 1,936,637
Operating income 446,089 467,287
Interest expense (note 9) (363,576) (308,440)
Income (loss) from long-term investments (note 8) 107,439 (123,244)
Other income (note 7) 27,458 39,309
Other net losses (note 18) (26,962) (121,706)
Pension and other post-employment non-service costs (note 10) (14,097) (19,885)
Gain on derivative financial instruments (note 23(b)(iv)) 829 4,564
Nonoperating income (expense) (268,909) (529,402)
Earnings (loss) before income taxes 177,180 (62,115)
Income tax recovery (expense) from continuing operations (note 17)    
Current (18,199) (5,864)
Deferred (168,598) 42,919
Income tax expense (186,797) 37,055
Earnings (loss) from continuing operations (9,617) (25,060)
Loss from discontinued operations (1,506,276) (8,245)
Net loss (1,515,893) (33,305)
Net effect of non-controlling interest from continuing operations (note 16) 74,920 10,617
Net effect of non-controlling interest from discontinued operations (note 24(b)) 60,456 51,362
Net earnings (loss) attributable to shareholders of Algonquin Power & Utilities Corp. (1,380,517) 28,674
Series A Shares and Series D Shares dividend (note 15) 10,489 8,356
Net earnings (loss) attributable to common shareholders of AQN – basic (in shares) (1,391,006) 20,318
Net earnings (loss) attributable to common shareholders of AQN – diluted (in shares) $ (1,391,006) $ 20,318
Basic net earnings (loss) per share from continuing operations (USD per share) $ 0.07 $ (0.03)
Diluted net earnings (loss) per share from continuing operations (USD per share) 0.07 (0.03)
Basic net earnings (loss) per share from discontinued operations (USD per share) (1.97) 0.06
Diluted net earnings (loss) per share from discontinued operations (USD per share) (1.97) 0.06
Basic net loss per share (USD per share) (1.90) 0.03
Diluted net loss per share (USD per share) $ (1.90) $ 0.03
Operating expenses    
Expenses    
Expenses $ 879,950 $ 823,914
Regulated electricity distribution    
Revenue    
Revenue 1,276,138 1,295,497
Expenses    
Expenses 365,718 429,760
Regulated natural gas distribution    
Revenue    
Revenue 546,436 621,173
Expenses    
Expenses 183,245 267,122
Regulated water reclamation and distribution    
Revenue    
Revenue 406,068 399,052
Expenses    
Expenses 21,467 19,564
Non-regulated energy sales    
Revenue    
Revenue 35,328 34,322
Expenses    
Expenses 213 530
Other revenue    
Revenue    
Revenue $ 55,568 $ 53,880