Investor Presentaiton
RECONCILIATION OF NON-IFRS MEASURES
The following table reflects Adjusted EBITDA and provides a reconciliation to net income (loss) to Adjusted EBITDA
for the twelve months ended December 31, 2021:
(MILLIONS)
Net income (loss)
Add back or deduct the following:
Attributable to Unitholders
Hydroelectric
Wind
Solar
Energy Corporate
transition
Total
$
309 $
(88) $
6 $
64 $
(357) $
(66)
Depreciation
545
597
263
94
2
1,501
Deferred income tax expense (recovery)
124
(37)
(34)
(9)
(73)
(29)
Foreign exchange and financial instrument loss (gain)
47
40 (23)
4
(36)
32
Other(13)
46
151
92
55
109
453
Management service costs
288
288
Interest expense
407
247
187
48
92
92
981
Current income tax expense (recovery)
25
13
5
43
Amount attributable to equity accounted investments and non-
controlling interests (14)
(661)
(412)
Adjusted EBITDA
$
842 $ 511 $
(198)
298 $ 214 $
(42)
(14) (1,327)
11 $ 1,876
The following table reflects Adjusted EBITDA and provides a reconciliation to net income (loss) to Adjusted EBITDA
for the twelve months ended December 31, 2020:
(MILLIONS)
Net income (loss)
Add back or deduct the following:
Depreciation
Deferred income tax expense (recovery)
Foreign exchange and financial instrument loss (gain)
Other(13)
Management service costs
Interest expense
Current income tax expense (recovery)
Amount attributable to equity accounted investments and non-
controlling interests (14)
Adjusted EBITDA
Attributable to Unitholders
Hydroelectric
Wind
Solar
Energy Corporate
transition
Total
$
475 $
(57) $
(27) $
64 $
(500) $
(45)
513
547
227
75
5
1,367
(31)
(52)
(26)
(8)
(96)
(213)
(29)
(70)
(16)
5
(17)
(127)
74 -
82
129
45
318
648
-
235
235
400
251
201
30
94
976
55
8
1
2
66
(587)
$
(368)
870 $ 341 $
(257)
232 $
(81)
130 $
-
(1,293)
41 $ 1,614View entire presentation