AQNB FY 2015 Earnings Report — Algonquin Power & Utilities Cor Revenue & Financial Results | Market Cap Arena

Algonquin Power & Utilities CorAQNB

FY 2015 Earnings

Reported December 29, 2015

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2015	Prior Q	FY 2014	QoQ Change	YoY Change
Revenue	$744M	—	—	—	—
Op. Income	$135M	—	—	—	—
Gross Margin	22.0%	—	—	—	—
Net Margin	11.4%	—	—	—	—
EPS (Diluted)	$0.33	—	—	—	—
Free Cash Flow	$43M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$744M
Cost of Revenue	$580M
GROSS PROFIT	$164M
R&D Expenses	$0
Selling & Marketing	$574.8K
General & Administrative	$29M
SG&A Expenses	$29M
Other Expenses	$0
Operating Expenses	$29M
Cost & Expenses	$609M
OPERATING INCOME	$135M
Interest Income	$5M
Interest Expense	$50M
Other Income/Expenses	-$41M
INCOME BEFORE TAX	$94M
Income Tax Expense	$31M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$108M
EBIT	$143M
EBITDA	$243M
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$744M
Cost of Revenue	$580M
GROSS PROFIT	$164M
R&D Expenses	$0
Selling & Marketing	$574.8K
General & Administrative	$29M
SG&A Expenses	$29M
Other Expenses	$0
Operating Expenses	$29M
Cost & Expenses	$609M
OPERATING INCOME	$135M
Interest Income	$5M
Interest Expense	$50M
Other Income/Expenses	-$41M
INCOME BEFORE TAX	$94M
Income Tax Expense	$31M
Net Income from Continuing Ops	$85M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$85M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$85M
D&A	$108M
EBIT	$143M
EBITDA	$243M
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$85M
Depreciation & Amortization	$108M
Stock-Based Compensation	$4M
Deferred Income Tax	$26M
Other Non-Cash Items	$204M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$190M
Capital Expenditure	-$147M
Acquisitions (Net)	$1M
Purchases of Investments	-$100M
Sales/Maturities of Investments	$0
Other Investing Activities	$21M
NET CASH FROM INVESTING	-$224M
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	-$64M
Other Financing Activities	$177M
NET CASH FROM FINANCING	$113M
FREE CASH FLOW	$43M
Net Change in Cash	$82M

Balance Sheet

Item	Amount
Cash & Equivalents	$90M
Short-Term Investments	$11M
Net Receivables	$134M
Inventory	$21M
Other Current Assets	$50M
TOTAL CURRENT ASSETS	$305M
PP&E (Net)	$2.8B
Goodwill	$80M
Intangible Assets	$54M
Long-Term Investments	$192M
Tax Assets	$13M
Other Non-Current Assets	$161M
TOTAL NON-CURRENT ASSETS	$3.3B
TOTAL ASSETS	$3.6B
Account Payables	$36M
Short-Term Debt	$6M
Deferred Revenue	$15M
Other Current Liabilities	$224M
TOTAL CURRENT LIABILITIES	$282M
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$127M
Other Non-Current Liabilities	$440M
TOTAL NON-CURRENT LIABILITIES	$1.6B
TOTAL LIABILITIES	$1.9B
Common Stock	$1.3B
Additional Paid-In Capital	$0
Retained Earnings	-$377M
Treasury Stock	$0
Accum. Other Comp. Income	$286M
Other Equity	$28M
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$275M
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$3.6B
Total Debt	$1.1B
Net Debt	$993M