Altera Infrastructure L.P. (TOO) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	20-F	20-F	20-F	20-F	20-F	20-F	20-F	20-F
Revenues:
Conventional Tanker				21.3	14.0		30.2	33.6
FPSO				533.2	458.4		531.6	354.5
FSO				136.6	66.9		57.4	53.9
Other							610.2	577.6
Total revenues	0.0	0.0	0.0	220.0	44.6	1,147.7	1,229.4	1,019.5
Revenue growth [+]			-100.0%	393.5%	-96.1%	-6.6%	20.6%	9.5%
Conventional Tanker				52.1%			-9.9%	-3.5%
FPSO				16.3%			49.9%	24.4%
FSO				104.1%			6.5%	-8.7%
Towage				37.5%			7569.6%
Cost of goods sold [+]	0.0	0.0	0.0	642.1	533.3	-520.7	528.2	495.8
Cost of services							98.0	112.5
Lease costs				-52.6	-80.3	-75.5	-51.8	-31.1
Direct costs				-437.7	-353.6	-364.4	-378.5	-352.2
Gross profit	0.0	0.0	0.0	-422.1	-488.7	1,668.4	701.2	523.7
Gross margin				-191.8%	-1096.2%	145.4%	57.0%	51.4%
Selling, general and administrative [+]				65.4	62.2	56.1	72.6	67.5
General and administrative [+]	0.0	0.0	0.0	65.4	62.2	56.1	72.6	67.5
General and administrative expenses				65.4	62.2	56.1	72.6	67.5
Rent expense								-31.1
Equity in earnings				39.5	14.4	17.9	7.7	10.3
Other operating expenses				-1,139.4	-1,059.9	1,041.4	0.6	-0.4
EBITDA [+]				691.4	523.4	588.9	635.7	467.0
EBITDA growth			-100.0%	32.1%	-11.1%	-7.4%	36.1%	21.2%
EBITDA margin				314.2%	1173.9%	51.3%	51.7%	45.8%
Depreciation and amortization				372.3	310.0	300.0	274.6	198.6
EBIT [+]	0.0	0.0	0.0	319.1	213.4	288.9	361.1	268.4
EBIT growth			-100.0%	49.5%	-26.1%	-20.0%	34.5%	45.0%
EBIT margin				145.0%	478.7%	25.2%	29.4%	26.3%
Non-recurring items [+]				167.9	315.0	40.1	70.0	1.9
Asset impairment				223.4	318.1	40.1	70.0	1.6
Interest expense, net [+]				195.8	152.2	139.4	122.2	87.7
Interest expense				199.4	154.9	140.6	122.8	88.4
Interest income				3.6	2.7	1.3	0.6	0.7
Other income (expense), net [+]				-56.7	-45.8	-56.1	-90.1	-159.1
Gain (loss) on derivative instruments				12.8	-42.9	-20.3	-73.7	-143.7
Gain (loss) on foreign currency transactions				-9.4	-14.0	-14.8	-17.5	-16.1
Other	48.3	-10.5	-1.3	-4.6	14.2	-21.0	1.1	0.8
Pre-tax income	0.0	0.0	0.0	-101.3	-299.5	53.3	78.8	19.8
Income taxes	0.0	0.0	0.0	22.7	-0.1	8.8	-21.4	2.2
Tax rate					0.0%	16.5%		11.0%
Minority interest				-7.2	3.8	11.9	13.9	10.5
Net income	0.0	0.0	0.0	-147.1	-339.5	-13.0	31.2	-19.4
Net margin				-66.9%	-761.5%	-1.1%	2.5%	-1.9%

Basic EPS [+]			$0.00	($0.36)	($1.54)	($0.10)	$0.32	($0.22)
Growth			-100.0%	-76.7%	1381.2%	-132.8%	-240.9%	-125.7%
Diluted EPS [+]			$0.00	($0.36)	($1.48)	($0.10)	$0.32	($0.22)
Growth			-100.0%	-75.7%	1322.1%	-132.8%	-240.8%	-125.7%

Dividends per share [+]				$0.04	$0.24	$0.44	$2.18	$2.15
Growth			-100.0%	-83.3%	-45.5%	-79.8%	1.0%	-7.4%

Shares outstanding (basic) [+]			410.7	410.3	220.8	124.7	98.5	86.2
Growth			0.1%	85.8%	77.0%	26.6%	14.3%	4.3%
Shares outstanding (diluted) [+]			410.7	410.3	229.9	124.7	98.6	86.2
Growth			0.1%	78.4%	84.3%	26.5%	14.4%	4.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.