TerraForm Power, Inc. TERP Income Statement

Terraform power, inc. (TERP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Operating revenues, net
941,240	766,570	610,471	654,556	469,506	127,156	18,716	16,992
Operating costs and expenses:
Cost of operations
279,896	220,907	150,733	113,302	70,468	10,630	1,112	917
Cost of operations - affiliate
0	0	17,601	26,700	19,915	8,063	1,068	834
General and administrative expenses
81,063	87,722	139,874	89,995	55,811	20,984	289	177
General and administrative expenses - affiliate
28,070	16,239	13,391	14,666	55,330	19,144	5,158	4,425
Acquisition costs
3,751	7,721	0	2,743	49,932	10,177	0	0
Acquisition costs - affiliate
900	6,900	0	0	5,846	5,049	0	0
Loss on prepaid warranty - affiliate
-	-	-	-	45,380	0	0	-
Impairment of goodwill
-	-	-	55,900	0	0	-	-
Impairment of renewable energy facilities
0	15,240	1,429	18,951	0	0	-	-
Depreciation, accretion and amortization expense
434,110	341,837	246,720	243,365	161,310	41,280	5,731	5,034
Formation and offering related fees and expenses
-	-	-	-	-	3,570	0	0
Formation and offering related fees and expenses - affiliate
-	-	-	-	-	1,870	0	0
Total operating costs and expenses
827,810	696,591	569,748	565,579	463,992	120,767	13,358	11,387
Operating income
113,430	69,979	40,723	88,977	5,514	6,389	5,358	5,605
Other expenses (income):
Interest expense, net
-298,142	-249,211	-262,003	-310,336	-167,805	-86,191	-8,129	-7,665
Loss (gain) on modification and extinguishment of debt, net
-26,953	-1,480	-81,099	-1,079	-16,156	7,635	0	0
Loss (gain) on extinguishment of debt, net
-	-	-	0	0	-	-	-
Gain on foreign currency exchange, net
12,726	10,993	6,061	-13,021	-19,488	-14,007	771	0
Gain on sale of renewable energy facilities
2,252	0	37,116	-	-	-	-	-
Loss on investments and receivables - affiliate
-	-	-	3,336	16,079	0	0	-
Other (income) expenses, net
-2,000	-4,102	-3,258	2,218	7,362	438	0	0
Total other expenses, net
-308,117	-235,596	-296,667	-329,990	-226,890	-93,001	-7,358	-7,665
Loss before income tax expense
-194,687	-165,617	-255,944	-241,013	-221,376	-86,612	-2,000	-2,060
Income tax expense (benefit)
11,898	-12,290	-19,641	2,734	-13,241	-4,689	-88	-1,270
Net income (loss)
-206,585	-153,327	-236,303	-243,747	-208,135	-81,923	-1,912	-790
Less: Pre-acquisition net income of renewable energy facilities acquired from SunEdison
-	-	-	-	-1,610	1,498	-1,630	-
Less: Predecessor loss prior to the IPO on July 23, 2014
-	-	-	-	-	-10,357	-282	-
Net loss excluding pre-acquisition net income of renewable energy facilities acquired from SunEdison
-	-	-	-	-209,745	-70,068	0	-
Less: Net income (loss) attributable to redeemable non-controlling interests
-11,983	9,209	1,596	6,482	8,512	0	0	-
Less: Net loss attributable to non-controlling interests
-45,918	-174,916	-77,745	-126,718	-138,371	-44,451	0	-
Net loss attributable to Class A common stockholders
-148,684	12,380	-160,154	-123,511	-79,886	-25,617	0	-
Weighted average number of shares:
Class A common stock - Basic and diluted (in shares)
213,275	182,239	103,866	90,815	65,883	29,602	-	-
Loss per share:
(Loss) earnings per share:
Class A common stock - Basic and diluted (in dollars per share)
-0.70	0.07	-1.61	-1.40	-1.25	-0.87	-	-
Distributions declared per share:
Class A common stock (in dollars per share)
0.80	0.76	1.94	-	-	-	-	-
Class A Common Stock
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	90,815	-	-	-	-
Class A common stock
Class A common stock - Basic and diluted (in dollars per share)
-	-	-	-1.40	-	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	0.00	-	-	-	-