ATLANTIC POWER CORPORATION AT Cash Flow

Atlantic power corporation (AT)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash provided by operating activities:
Net income
-22,500	-43,800	46,300	27,400	25,400	37,200	-28,500	-57,600	-78,200	-93,000	-58,100	-104,900	-101,600	-113,900	-196,200	-119,700	-89,800	-64,600	9,500	-77,600	-147,400	-182,200	-162,000	-111,600	-54,100	-23,800	-86,200	-50,000	-53,300	-100,300	-72,473	-95,951	-80,782	-35,600	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
63,800	64,400	66,500	71,300	76,100	83,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	120,300	134,400	147,500	160,200	162,600	163,700	165,100	167,800	176,400	174,700	173,200	169,800	157,200	0	0	0	-	-	-	-
Gain from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32,800	0	0	0	-	-	-	-	-	-	-	-
Gain on purchase and cancellation of convertible debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on purchase and cancellation of convertible debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	3,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
1,300	1,500	2,100	2,400	2,800	2,700	2,300	2,100	2,200	2,100	2,000	2,100	1,600	1,800	1,600	2,100	2,500	2,300	0	0	0	-	-	1,900	1,800	2,200	1,900	2,200	1,700	2,500	3,243	3,061	3,475	3,200	0	0	0
Equity in earnings from unconsolidated affiliates
-2,200	-3,000	43,900	42,000	43,800	43,200	15,000	14,100	-51,500	-54,800	-28,100	-27,800	34,200	35,900	35,800	35,200	37,000	36,200	35,300	33,200	27,100	25,800	21,100	22,900	28,300	26,900	35,500	30,800	30,000	25,700	17,053	15,427	9,489	7,900	0	0	0
Distributions from unconsolidated affiliates
59,700	59,500	65,600	59,700	60,800	61,600	53,800	57,400	50,200	47,300	49,700	49,000	54,700	55,300	55,000	55,000	55,600	58,500	63,400	65,400	71,600	76,200	65,200	60,700	43,800	40,900	40,100	47,700	47,000	38,400	33,158	19,016	20,750	21,900	0	0	0
Unrealized foreign exchange (gain) loss
14,000	-12,200	6,100	-1,500	8,700	22,000	10,400	6,400	-4,700	-15,200	-11,700	400	3,800	-13,800	-7,900	10,400	7,600	60,500	67,100	65,000	54,900	38,800	35,500	5,700	24,700	13,000	1,200	1,500	-1,100	-19,000	-2,125	-15,901	-19,622	-8,600	0	0	0
Change in fair value of derivative instruments
-11,800	-10,700	-7,600	-11,600	-7,500	5,500	11,200	11,900	9,200	2,100	12,100	23,000	37,900	37,900	26,700	21,200	22,500	14,700	-13,000	-16,100	-32,400	-8,700	28,400	24,400	53,800	60,200	38,400	59,200	32,500	-46,700	0	0	0	-	-	-	-
Amortization of debt discount and deferred financing costs
8,700	8,600	8,400	8,400	7,900	9,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash operating lease expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-5,800	-4,800	10,400	6,300	6,500	3,600	15,100	35,300	58,800	62,200	42,800	23,800	18,800	17,500	43,900	42,500	-500	3,500	-19,000	-20,200	6,100	15,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Change in deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21,600	-14,600	-20,500	-34,100	-23,985	-30,209	-29,611	-9,900	0	0	0
Change in other operating balances
Accounts receivable
-1,000	-8,200	-3,800	4,500	2,200	-18,800	-15,800	-17,000	-10,500	15,400	0	0	0	-	-	-1,800	800	-5,700	-11,500	-4,700	-5,800	-6,900	1,400	-9,800	-15,100	-3,400	-9,700	21,600	21,800	-2,300	18,758	-5,366	-4,319	15,600	0	0	0
Inventory
1,700	1,800	-1,100	2,000	-2,700	-1,600	-3,400	-5,500	-100	1,600	4,400	2,100	2,000	-900	-1,800	800	-1,600	-2,400	-2,700	-2,100	-400	3,300	2,000	500	200	-800	2,200	3,200	6,100	6,200	0	0	0	-	-	-	-
Prepayments and other assets
-3,600	-3,900	-5,300	-4,300	-6,500	-8,700	-3,000	-4,500	-4,400	-400	-5,700	-3,400	-12,600	-5,400	19,500	7,200	14,300	-400	-23,100	-15,700	-18,000	-21,100	-15,500	-19,900	-19,200	-51,500	-54,100	-42,800	-41,300	13,300	10,530	8,944	12,976	-2,100	0	0	0
Accounts payable
-2,500	5,100	-1,500	800	-2,500	-1,200	-2,200	-1,400	2,700	-900	-300	-5,100	-2,000	-200	-2,400	-2,000	-2,000	-8,900	-5,400	-2,900	-6,700	-4,100	-1,300	-3,600	-3,300	-8,400	-5,700	12,100	6,500	21,100	0	0	0	-	-	-	-
Accruals and other liabilities
-700	1,100	-4,700	-1,800	-5,900	-6,600	-3,400	-8,900	-14,800	-500	-9,700	1,700	-4,600	-2,100	-3,500	-19,800	-6,200	-9,400	-32,400	-13,500	-17,200	-39,200	-8,800	-7,800	-20,000	-200	1,500	-14,000	-1,200	-1,200	0	0	0	-	-	-	-
Amortization of Debt Issuance Costs and Discounts
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash provided by operating activities
123,900	144,700	144,200	127,200	116,400	137,500	128,300	161,900	185,400	169,200	159,100	144,300	117,000	112,300	112,500	88,600	82,600	88,300	86,800	112,900	128,800	65,000	55,000	61,000	34,000	152,400	186,300	174,700	190,200	167,100	0	0	0	-	-	-	-
Cash (used in) provided by investing activities:
Insurance proceeds
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized development costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	0	0	0	-	-	-	-	-	-	-	-	500	547	513	692	900	0	0	0
Reimbursement of costs for third party construction project
-	-	-	-	-	-	-	-	-	-	-	-	-	4,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Proceeds from loan with Idaho Wind
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,900	-3,300	-2,800	-7,300	-2,400	900	-8,700	-72,600	-83,600	-4,100	1,400	93,700	5,200	33,300	23,900	11,600	98,821	-1,890	4,576	5,700	0	0	0
Proceeds from sales of assets and equity investments, net
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from asset sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Construction in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,300	13,300	39,300	155,400	254,500	319,100	456,200	370,844	300,979	261,545	113,100	0	0	0
Purchase of property, plant and equipment
17,000	7,300	1,200	900	1,000	1,800	1,100	2,400	4,400	5,300	6,400	9,400	8,500	7,200	8,400	8,300	10,700	11,300	11,500	15,900	12,100	13,400	12,600	5,300	7,100	5,500	5,900	4,800	3,200	2,900	2,386	2,223	2,362	2,000	0	0	0
Cash (used in) provided by investing activities
-25,500	-21,700	-28,100	-13,500	-14,700	-17,000	-15,500	-2,500	-3,400	-4,300	-8,900	-10,200	-13,600	-2,400	-1,900	-300	322,500	320,900	315,900	318,100	4,700	68,700	75,900	71,200	264,800	147,100	39,300	-167,500	-399,200	-523,800	0	0	0	-	-	-	-
Cash used in financing activities:
Proceeds from convertible debenture issuance
-	-	-	-	-	92,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from senior secured term loan facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Proceeds from project-level debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,400	57,400	128,500	291,900	296,726	326,210	282,219	100,800	0	0	0
Repayment of corporate and project-level debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	625,300	662,600	681,200	118,800	388,100	339,700	284,700	284,800	20,434	20,459	20,800	21,500	0	0	0
Repayment of convertible debentures
-	-	-	-	-	88,100	0	0	0	-	-	-	-	188,500	187,600	127,900	29,500	18,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common share repurchases
10,600	2,500	5,100	8,200	10,300	16,600	0	0	0	-	-	-	-	19,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred share repurchases
6,700	8,000	8,000	11,400	11,700	8,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of corporate and project-level debt
78,100	72,300	73,100	75,500	83,700	100,300	159,100	167,800	170,900	165,900	104,300	98,600	544,300	544,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for vested LTIP withheld for taxes
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for revolving credit facility borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67,000	67,000	67,000	55,700	60,800	0	0	0	-	-	-	-
Proceeds from revolving credit facility borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,800	0	0	0	-	-	-	-
Deferred financing costs
0	-	-	-	-	5,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	39,000	0	0	0	-	-	-	-	31,200	0	0	0	-	-	-	-
Dividends paid to preferred shareholders
7,200	7,400	7,500	7,700	8,000	8,300	8,500	8,700	8,800	8,700	8,600	8,600	8,600	8,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity contribution from noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,600	0	0	0	-	-	-	-	-	-	-	-
Offering costs related to tax equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Dividends paid to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,400	19,800	27,600	34,900	42,900	42,800	39,900	65,100	0	0	0	-	-	-	-	-	-	-	-
Dividends paid to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,500	700	5,800	11,100	15,400	13,800	16,000	8,900	0	0	0	-	-	-	-	-	-	-	-
Dividends paid to preferred shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Cash used in financing activities
-125,400	-110,800	-114,200	-123,600	-114,800	-135,000	-189,800	-195,200	-195,100	-178,900	-124,300	-185,000	-81,400	-98,600	-93,200	-327,800	-447,000	-446,700	-493,900	-194,900	-207,300	-182,400	-134,300	-170,200	-209,500	-207,600	-99,300	125,700	193,000	362,700	0	0	0	-	-	-	-
Net (decrease) increase in cash, restricted cash and cash equivalents
-27,000	12,200	1,900	-9,900	-13,100	-14,500	-77,000	-35,800	-13,100	-14,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,400	-239,500	-41,900	-37,500	-91,200	236,100	-73,800	-48,700	-3,400	-38,000	89,300	91,900	126,300	132,900	-16,000	6,000	0	0	0	-	-	-	-
Less cash at discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Supplemental cash flow information
Interest paid
37,700	37,600	38,000	39,800	40,900	41,300	58,100	58,800	67,500	72,000	71,600	69,400	73,600	70,700	67,800	88,400	98,500	100,000	119,900	100,400	113,700	168,800	167,800	179,800	180,100	130,400	49,500	47,300	39,300	40,200	96,333	80,800	53,541	40,200	0	0	0
Income taxes paid, net
2,200	2,300	4,100	3,600	2,900	3,100	3,500	4,100	4,500	4,400	4,100	3,800	3,500	3,500	8,900	10,400	10,700	10,200	6,900	4,500	4,000	3,800	2,300	5,500	4,700	5,900	2,600	1,000	1,900	1,100	4,552	3,036	1,686	1,100	0	0	0
Accruals for construction in progress
0	-	-	-	-	-	-	0	0	-	-	-	-	1,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accruals for construction in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,800	8,500	1,200	8,900	-27,700	-12,800	17,500	4,100	0	0	0	-	-	-	-