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SEC Filings
10-K
TERRAFORM POWER, INC. filed this Form 10-K on 07/21/2017
Entire Document
 
 
TERRAFORM POWER, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(In thousands)


 
Year Ended December 31,
 
2016
 
2015
 
2014
Net loss
$
(241,507
)
 
$
(208,135
)
 
$
(81,923
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
Net unrealized loss arising during the period
(15,039
)
 
(18,446
)
 
(3,541
)
Hedging activities:
 
 
 
 
 
Net unrealized (loss) gain arising during the period, net of tax
(86
)
 
26,913

 
(1,925
)
Reclassification of net realized loss into earnings, net of tax1
15,967

 
4,663

 

Other comprehensive income (loss), net of tax
842

 
13,130

 
(5,466
)
Total comprehensive loss
(240,665
)
 
(195,005
)
 
(87,389
)
Less: Pre-acquisition net income (loss) of renewable energy facilities acquired from SunEdison

 
1,610

 
(1,498
)
Less: Pre-acquisition other comprehensive income of renewable energy facilities acquired from SunEdison

 
40,016

 

Less: Predecessor comprehensive loss prior to IPO on July 23, 2014

 

 
(10,357
)
Comprehensive loss subsequent to IPO and excluding pre-acquisition comprehensive income (loss) of renewable energy facilities acquired from SunEdison
(240,665
)
 
(236,631
)
 
(75,534
)
Less comprehensive income (loss) attributable to non-controlling interests:
 
 
 
 
 
Net income attributable to redeemable non-controlling interests
18,365

 
8,512

 

Net loss attributable to non-controlling interests
(130,025
)
 
(138,371
)
 
(44,451
)
Foreign currency translation adjustments
(4,639
)
 
(7,862
)
 
(2,392
)
Hedging activities
5,469

 
(3,545
)
 
(1,437
)
Comprehensive loss attributable to non-controlling interests
(110,830
)
 
(141,266
)
 
(48,280
)
Comprehensive loss attributable to Class A common stockholders
$
(129,835
)

$
(95,365
)
 
$
(27,254
)
———
(1)
Includes $16.9 million loss reclassification for the year ended December 31, 2016 that occurred subsequent to the Company's discontinuation of hedge accounting for interest rate swaps pertaining to variable rate non-recourse debt for substantially all of the Company's portfolio of solar power plants located in the United Kingdom as discussed in Note 13. Derivatives.


See accompanying notes to consolidated financial statements.

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