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SEC Filings

10-K
TERRAFORM GLOBAL, INC. filed this Form 10-K on 12/21/2016
Entire Document
 

TERRAFORM GLOBAL, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
 
December 31,
(In thousands, except per share data)
2015
 
2014
ASSETS
 
 
 
Current assets:
 
 
 
Cash and cash equivalents
$
921,946

 
$
150,146

Cash committed for construction projects

 
42,416

Current portion of restricted cash, including consolidated variable interest entities of $46,321 and $1,860 as of December 31, 2015 and 2014, respectively
119,151

 
22,083

Accounts receivable, net
30,287

 
11,728

Prepaid expenses and other current assets, including consolidated variable interest entities of $123,876 as of December 31, 2015 and zero as of December 31, 2014
144,743

 
8,293

Total current assets
1,216,127


234,666

Power plants, net, including consolidated variable interest entities of $478,884 and $174,804 as of December 31, 2015 and 2014, respectively
1,148,350

 
386,079

Restricted cash
22,582

 
21,312

Intangible assets, net including consolidated variable interest entities of $51,159 as of December 31, 2015 and zero as of December 31, 2014
70,630

 

Equity method investment
73,249

 

Deposit for acquisitions, net including consolidated variable interest entities of $40,134 as of December 31, 2015 and zero as of December 31, 2014
51,101

 

Due from SunEdison, net
10,110

 

Other assets
66,901

 
31,399

Total assets
$
2,659,050


$
673,456

LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
Current liabilities:
 
 
 
Current portion of long-term debt, including consolidated variable interest entities of $326,535 and 3,703 as of December 31, 2015 and 2014, respectively
$
327,714

 
$
31,542

Accounts payable
8,034

 
9,894

Accrued expenses and other current liabilities, including consolidated variable interest entities of $34,338 and $1,286 as of December 31, 2015 and 2014, respectively
123,280

 
2,326

Deferred tax liabilities

 
1,384

Due to SunEdison, net

 
47,266

Total current liabilities
459,028


92,412

Long-term debt, less current portion
968,047

 
492,569

Asset retirement obligations
8,629

 
5,049

Other long-term liabilities
1,455

 
31,781

Deferred tax liabilities, including consolidated variable interest entities of $37,295 as of December 31, 2015 and zero as of December 31, 2014
39,482

 
2,881

Total liabilities
1,476,641


624,692

Stockholders’ Equity:
 
 
 
Invested equity

 
75,285

Preferred stock, par value $0.01 per share, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2015 or 2014

 

Class A common stock, par value $0.01 per share, 2,750,000,000 shares authorized, 114,630,318 shares issued and outstanding as of December 31, 2015, no shares issued or outstanding as of December 31, 2014
1,146

 

Class B common stock, par value $0.01 per share, 200,000,000 shares authorized, 61,343,054 shares issued and outstanding as of December 31, 2015, no shares issued or outstanding as of December 31, 2014
613

 

Class B1 common stock, par value $0.01 per share, 550,000,000 shares authorized, no shares issued or outstanding as of December 31, 2015 or 2014

 

Treasury stock, at cost, 5,244 shares owned as of December 31, 2015, no shares owned as of December 31, 2014
(28
)
 

Additional paid-in capital
923,924

 

Accumulated deficit
(212,661
)
 



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