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SEC Filings

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

(In thousands, except per share data)
For the Year Ended December 31,
Statement of Operations Data:
2015
 
2014
 
2013
Operating revenues, net
$
124,116

 
$
39,449

 
$
22,196

Operating costs and expenses:
 
 
 
 
 
Cost of operations
9,964

 
1,999

 
355

Cost of operations - affiliate
6,388

 
2,257

 
1,311

General and administrative expense
11,603

 
1,349

 
1,047

General and administrative expense - affiliate
20,668

 
10,850

 
4,790

Acquisition, formation and related costs
39,358

 

 

Depreciation, accretion and amortization expense
28,769

 
7,167

 
4,785

Provision for contingent loss on deposit for acquisitions
231,000

 

 

Total operating costs and expenses
347,750

 
23,622

 
12,288

Operating (loss) income
(223,634
)
 
15,827

 
9,908

Other expense (income):
 
 
 
 
 
Loss on extinguishment of debt, net
2,298

 

 

Interest expense, net
107,648

 
24,294

 
11,812

Gain on previously held equity investment
(1,426
)
 

 

Loss (gain) on foreign currency exchange, net
35,363

 
(4,038
)
 
2,247

Other income, net
(1,366
)
 
(1,090
)
 
(223
)
Total other expenses, net
142,517

 
19,166

 
13,836

Loss before income tax expense
(366,151
)
 
(3,339
)
 
(3,928
)
Income tax expense (benefit)
4,858

 
1,700

 
(1,651
)
Net loss
(371,009
)
 
$
(5,039
)
 
$
(2,277
)
Less: Predecessor loss prior to initial public offering on August 5, 2015
(39,353
)
 
 
 
 
Net loss subsequent to initial public offering
(331,656
)
 
 
 
 
Less: Net loss attributable to non-controlling interests
(118,995
)
 
 
 
 
Net loss attributable to TerraForm Global, Inc. Class A common stockholders
$
(212,661
)
 
 
 
 
 
 
 
 
 
 
Weighted average number of shares:
 
 
 
 
 
Class A common stock - Basic and diluted
100,813

 
 
 
 
Loss per share:
 
 
 
 
 
Class A common stock - Basic and diluted
$
(2.11
)
 
 
 
 
 
 
 
 
 
 
Cash Flow Data:
 
 
 
 
 
Net cash provided by (used in):
 
 
 
 
 
Operating activities
$
9,621

 
$
15,060

 
$
(16,972
)
Investing activities
(752,464
)
 
(231,853
)
 
(101,953
)
Financing activities
1,536,959

 
365,519

 
118,639



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