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TERRAFORM GLOBAL, INC. (GLBL)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13
   10-K10-K10-K10-K
Revenues:  
    Solar Energy  117.192.939.422.2
    Wind Energy  97.231.2  
Total revenues  214.3124.139.422.2
            Revenue growth   [+]72.7%214.6%77.7% 
Cost of goods sold  46.919.04.30.4
Gross profit  167.4105.135.221.8
            Gross margin  78.1%84.7%89.2%98.4%
Selling, general and administrative   [+]72.932.312.21.0
Other operating expenses   231.0 6.1
EBITDA   [+]94.5-158.223.014.7
            EBITDA margin  44.1%-127.5%58.3%66.2%
Depreciation  50.928.97.24.8
EBITA  43.6-187.215.89.9
            EBITA margin  20.4%-150.8%40.1%44.6%
Amortization of intangibles  4.3   
EBIT   [+]39.3-187.215.89.9
            EBIT margin  18.4%-150.8%40.1%44.6%
Non-recurring items   [+]10.939.4  
Interest expense, net   [+]123.6105.024.311.8
Other income (expense), net   [+]25.3-32.85.1-2.0
Pre-tax income  -69.8-364.3-3.3-3.9
Income taxes  8.75.31.7-1.7
            Tax rate     42.0%
Minority interest  -25.5-118.5  
Net income  -53.0-251.2-5.0-2.3
            Net margin  -24.7%-202.4%-12.8%-10.3%
   
Basic EPS   [+]($0.47)($2.49)  
Diluted EPS   [+]($0.47)($2.49)  
   
Dividends per share   [+]$0.27$0.20  
   
Shares outstanding (basic)   [+]113.3100.8  
Shares outstanding (diluted)   [+]113.3100.8  
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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