NEXTERA ENERGY PARTNERS, LP NEP Income Statement

Nextera energy partners, lp (NEP)

Income statement / 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	Sep'13	Jun'13
OPERATING REVENUES
Renewable energy sales
679,000	645,000	596,000	519,000	518,000	551,000	597,000	614,000	620,000	613,000	636,000	639,000	608,000	583,000	0	0	0	-	-	-	-	-	-	-	-	-	-
Texas pipelines service revenues
211,000	210,000	209,000	211,000	218,000	220,000	216,000	212,000	201,000	194,000	195,000	192,000	191,000	189,000	0	0	0	-	-	-	-	-	-	-	-	-	-
Total operating revenues(a)
890,000	855,000	805,000	730,000	736,000	771,000	813,000	826,000	821,000	807,000	831,000	831,000	799,000	772,000	703,000	627,000	564,000	501,000	452,000	434,000	408,000	359,000	283,000	220,462	0	0	0
OPERATING EXPENSES
Operations and maintenance(b)
352,000	336,000	315,000	290,000	271,000	257,000	255,000	251,000	254,000	248,000	254,000	245,000	227,000	215,000	194,000	164,000	138,000	113,000	93,000	89,000	87,000	79,000	56,000	43,942	0	0	0
Depreciation and amortization
264,000	259,000	244,000	225,000	211,000	203,000	208,000	215,000	223,000	226,000	247,000	245,000	241,000	235,000	208,000	192,000	176,000	163,000	148,000	134,000	120,000	99,000	73,000	57,220	0	0	0
Transmission
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Taxes other than income taxes and other
26,000	27,000	26,000	24,000	22,000	21,000	22,000	22,000	22,000	21,000	20,000	20,000	20,000	20,000	20,000	18,000	16,000	16,000	11,000	10,000	8,000	5,000	5,000	3,931	0	0	0
Gain (Loss) on Disposition of Business
-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses - net
642,000	622,000	585,000	539,000	351,000	328,000	332,000	335,000	499,000	495,000	521,000	510,000	488,000	470,000	409,000	365,000	326,000	292,000	262,000	240,000	218,000	183,000	138,000	108,619	0	0	0
OPERATING INCOME
248,000	233,000	220,000	191,000	385,000	443,000	481,000	491,000	322,000	312,000	310,000	321,000	311,000	302,000	294,000	262,000	238,000	209,000	190,000	194,000	190,000	176,000	145,000	111,843	0	0	0
OTHER INCOME (DEDUCTIONS)
Interest expense
18,000	702,000	-393,000	10,000	196,000	248,000	52,000	-29,000	53,000	199,000	2,000	93,000	109,000	152,000	236,000	226,000	178,000	117,000	113,000	110,000	106,000	100,000	82,000	63,789	0	0	0
Gain on settlement of contingent consideration of project acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Benefits Associated With Differential Membership Interests, Net
-	-	-	-	-	-	-	-	-	119,000	105,000	98,000	85,000	67,000	51,000	42,000	33,000	24,000	17,000	12,000	4,000	0	0	0	0	-	-
Equity in earnings of equity method investees
56,000	38,000	32,000	34,000	38,000	41,000	41,000	40,000	41,000	40,000	58,000	47,000	40,000	40,000	56,000	45,000	38,000	36,000	0	0	0	-	0	0	-	-	-
Equity in losses of non-economic ownership interests
-20,000	-4,000	-19,000	-9,000	2,000	15,000	22,000	20,000	17,000	11,000	29,000	20,000	9,000	-4,000	0	0	0	-	-	-	-	-	-	-	-	-	-
Revaluation of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Other - net
-	-	10,000	10,000	-	22,000	13,000	12,000	0	-2,000	-16,000	-16,000	1,000	-2,000	7,000	3,000	-14,000	-10,000	-4,000	0	1,000	0	0	0	0	-	0
Total other deductions - net
-1,345,000	-663,000	-866,000	-451,000	-240,000	-170,000	-25,000	-89,000	-113,000	-31,000	162,000	245,000	215,000	138,000	-43,000	-158,000	-136,000	-69,000	-93,000	-91,000	-94,000	-93,000	-82,000	-58,932	0	0	0
LOSS BEFORE INCOME TAXES
-1,097,000	-430,000	-646,000	-260,000	145,000	273,000	456,000	402,000	209,000	281,000	472,000	566,000	526,000	440,000	251,000	104,000	102,000	140,000	97,000	103,000	96,000	83,000	63,000	52,911	0	0	0
INCOME TAX BENEFIT
-94,000	-26,000	-42,000	-9,000	-20,000	6,000	129,000	135,000	172,000	167,000	83,000	92,000	73,000	57,000	46,000	21,000	32,000	33,000	-14,000	-18,000	-20,000	-14,000	13,000	18,213	0	0	0
NET LOSS
-1,003,000	-404,000	-604,000	-251,000	165,000	267,000	327,000	267,000	37,000	114,000	389,000	474,000	453,000	383,000	205,000	83,000	70,000	107,000	111,000	121,000	116,000	97,000	50,000	0	0	0	-
Net income attributable to preferred distributions
13,000	17,000	21,000	25,000	25,000	25,000	21,000	15,000	9,000	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less net income prior to Initial Public Offering for NEP's initial portfolio
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Net loss attributable to noncontrolling interests
-728,000	-333,000	-481,000	-237,000	69,000	75,000	207,000	185,000	30,000	175,000	320,000	379,000	363,000	300,000	162,000	66,000	57,000	97,000	79,000	0	0	-	0	-	-	-	-
NET LOSS ATTRIBUTABLE TO NEXTERA ENERGY PARTNERS, LP
-288,000	-88,000	-144,000	-39,000	71,000	167,000	99,000	67,000	-2,000	-64,000	69,000	95,000	90,000	83,000	43,000	17,000	13,000	10,000	10,000	0	0	-	0	-	-	-	0
Weighted average number of common units outstanding - basic (in shares)
-	-	59,900	56,200	-	-	54,900	54,300	54,300	-	54,300	54,300	54,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average number of common units outstanding - assuming dilution (in shares)
-	-	75,800	75,800	-	-	74,600	74,000	74,000	-	54,300	54,300	54,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) per common unit attributable to NextEra Energy Partners, LP - basic (in dollars per share)
-3.39	0.57	-1.21	-0.49	-0.38	-0.42	0.60	1.51	1.36	-1.65	0.01	0.24	0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) per common unit attributable to NextEra Energy Partners, LP - assuming dilution (in dollars per share)
-3.39	0.57	-1.21	-0.49	-0.38	-0.31	0.58	1.42	1.22	-1.65	0.01	0.24	0.22	0.95	0.62	0.19	0.14	0.17	0.05	0.16	0.08	-	0.17	-	-	-	-
Revenue from related parties
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operations and maintenance related to renewable energy projects
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operations and maintenance related to Texas pipelines
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operations and maintenance related party
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Weighted average number of common units outstanding - basic and assuming dilution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	44,300	42,100	34,500	29,800	22,600	20,100	18,700	-	18,700	-	-	-	-
Distributions per common unit (in dollars per unit)
-	-	-	-	-	-	-	-	-	-	380,000.00	365,000.00	0.35	-	0.33	0.31	0.30	-	0.23	0.20	0.19	-	-	-	-	-	-
Net unrealized gains (losses) on cash flow hedges:
Effective portion of net unrealized gains (losses) (net of income tax expense/(benefit) ($2,436), $3,395, ($4,336) and $4,725, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Reclassification from accumulated other comprehensive loss to net income (net of income tax expense $372, $399, $748 and $754, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Unrealized gains (losses) on foreign currency translation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total other comprehensive loss, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
COMPREHENSIVE INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0