Geothermal Company

Income Statement

 2013 Y2014 Y2015 Y2016 Y
Source Document12/31/201512/31/201612/31/201612/31/2016
Currency CodeUSDUSDUSDUSD
(in thousands)    
     
Revenues 
Electricity 329,747382,301375,920436,292
Product 203,492177,223218,724226,299
Total revenues 533,239559,524594,644662,591
Cost of revenues 
Electricity 232,874246,630242,612261,573
Product 140,547109,143133,753130,223
Total cost of revenues 373,421355,773376,365391,796
Gross profit 159,818203,751218,279270,795
Operating expenses 
Research and development expenses 4,9657831,7802,762
Selling and marketing expenses 24,61315,42516,07716,424
General and administrative expenses 29,18828,61434,78246,710
Write-off of unsuccessful exploration activities 4,09415,4391,5793,017
Operating income 96,958143,490164,061201,882
Other income (expense) 
Interest income 1,332312297971
Interest expense, net (73,776)(84,654)(72,577)(67,389)
Derivatives and foreign currency transaction gains (losses) 5,085(5,839)(1,622)(5,534)
Income attributable to sale of tax benefits 19,94524,14325,43116,503
Gain from sale of property, plant and equipment 07,62800
Other non-operating income (expense), net 1,592756(1,991)(5,345)
Income from continuing operations before income taxes and equity in losses of investees 51,13685,836113,599141,088
Income tax (provision) benefit (13,552)(27,608)15,258(31,837)
Equity in losses of investees, net (250)(3,213)(5,508)(7,735)
Income from continuing operations 37,33455,015123,349101,516
Discontinued operations 
Income from discontinued operations (including gain on disposal) 5,311NANANA
Income tax provision (614)NANANA
Total income from discontinued operations 4,697NANANA
Net income 42,031NANANA
Net income attributable to noncontrolling interest (793)(833)(3,776)(7,586)
Net income attributable to the Company's stockholders 41,23854,182119,57393,930
Comprehensive income 
Net income 42,03155,015123,349101,516
Other comprehensive income (loss), net of related taxes 
Currency translation adjustments NA00(1,648)
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment 0(8,112)1,0281,185
Loss in respect of derivative instruments designated for cash flow hedge 0(902)9187
Amortization of unrealized gains in respect of derivative instruments designated for cash flow hedge (164)(141)(118)(96)
Comprehensive income 41,86745,860124,350101,044
Comprehensive income attributable to noncontrolling interest (793)(833)(3,776)(7,179)
Comprehensive income attributable to the Company's stockholders 41,07445,027120,57493,865
Earnings per share attributable to the Company's stockholders 
Basic 
Income from continuing operations 0.81NANANA
Discontinued operations 0.1NANANA
Net income 0.911.192.461.9
Diluted 
Income from continuing operations 0.81NANANA
Discontinued operations 0.1NANANA
Net income 0.911.182.431.87
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders 
Basic 45,44045,50848,56249,469
Diluted 45,47545,85949,18750,140
Dividend per share declared 0.080.210.260.52


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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