Below are the financial statements of Northland Power Inc (Ontario), including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of CAD | 2024 | 2023 |
---|---|---|
Income | — | — |
Revenue from sale of energy and related products | 2,346.26a | 2,232.78a |
Finance lease income | 10.38a | 10.9a |
Total income | 2,356.65a | 2,243.68a |
Expenses | — | — |
Operating costs | -649.94a | -620.56a |
General and administrative (G&A) costs | -113.1a | -115.17a |
Development costs | -63.11a | -114.18a |
Impairment of non-financial assets | 0a | -163.17a |
Fair value adjustment relating to the disposal group held for sale | -43.88a | 0a |
Depreciation of property, plant and equipment | -615.34a | -595.6a |
Amortization of contracts and other intangible assets | -58.38a | -57.02a |
Total expenses | -1,543.76a | -1,665.69a |
Operating income | 812.89a | 577.99a |
Finance costs | -392.02a | -383.33a |
Finance income | 71.39a | 61.52a |
Foreign exchange gain (loss) | 0.72a | 39.73a |
Fair value gain (loss) on financial instruments | -93.7a | -303.9a |
Share of profit (loss) from joint ventures | 43.73a | -279.85a |
Other income (expense) | 120.54a | 230.84a |
Income (loss) before income taxes | 563.56a | -57a |
Income taxes (provision) recovery | — | — |
Current | -198.04a | -143.55a |
Deferred | -5.87a | -104.43a |
Total income taxes | -192.17a | -39.13a |
Net income (loss) | 371.39a | -96.13a |
Net income (loss) attributable to | — | — |
Non-controlling interests (NCI) | 99.56a | 79.06a |
Shareholders of the company | 271.83a | -175.19a |
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