UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 6-K
_________________________
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
_________________________
Date of Report: May 5, 2021
Commission file number 1- 33198
_________________________
ALTERA INFRASTRUCTURE L.P.
(Exact name of Registrant as specified in its charter)
_________________________
Altera House, Unit 3, Prospect Park, Arnhall Business Park,
Westhill, Aberdeenshire, AB32 6FJ, United Kingdom
(Address of principal executive office)
_________________________
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Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F. |
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Form 20-F
ý Form
40- F
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Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). |
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Yes
¨ No
ý
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Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7). |
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Yes
¨ No
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Item 1 — Information Contained in this Form 6-K Report
Attached as Exhibit 1 is a copy of an announcement of Altera
Infrastructure L.P. dated May 5, 2021.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly
authorized.
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ALTERA INFRASTRUCTURE L.P. |
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By: |
ALTERA INFRASTRUCTURE GP L.L.C., its general partner |
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Date: May 5, 2021 |
By: |
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/s/ Mark Mitchell |
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Mark Mitchell
Company Secretary |
Press Release
¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯
Altera Infrastructure Reports First Quarter 2021
Results
Aberdeen, United Kingdom, May 5, 2021
- Altera Infrastructure GP LLC (Altera
GP),
the general partner of Altera Infrastructure L.P.
(Altera
or
the Partnership),
today reported the Partnership’s results for the quarter ended
March 31, 2021.
•Revenues
of $272.8 million and net income of $5.9 million, or $0.00 per
common unit, in the first quarter of 2021
•Adjusted
EBITDA(1)
of $120.3 million in the first quarter of 2021
The following table presents the Partnership's Consolidated
Financial Summary:
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Three Months Ended |
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March 31, |
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December 31, |
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March 31, |
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2021 |
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2020 |
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2020 |
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In thousands of U.S. Dollars, unaudited |
$ |
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$ |
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$ |
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IFRS FINANCIAL RESULTS |
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Revenues |
272,754 |
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278,657 |
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312,401 |
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Net Income (loss)
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5,901 |
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(73,029) |
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(258.932) |
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Limited partners' interest in net income (loss) per common unit -
basic
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0.00 |
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(0.20) |
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(0.63) |
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NON-IFRS FINANCIAL MEASURE: |
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Adjusted EBITDA
(1)
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120,270 |
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142,193 |
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163,548 |
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(1)Please
refer to "Non-IFRS Measures" for the definition of this term and
reconciliation of this non-IFRS measure as used in this release to
the most directly comparable measure under IFRS.
The Partnership generated net income of $6 million for the three
months ended March 31, 2021, compared to a net loss of $259 million
for the three months ended March 31, 2020. The results for the
recent quarter benefited mainly from the absence of a $172 million
impairment loss and a decrease of $105 million in loss on
derivatives, compared to the same quarter in the prior year. This
was partially offset by lower revenues from the
Petrojarl
FPSO,
and
the
Randgrid
FSO and an absence of
Voyageur
FPSO revenues as a result of the unit being in lay-up.
Adjusted EBITDA was $120 million in the first quarter of 2021,
compared to $164 million in the same quarter of the prior year. The
decrease of $44 million mainly reflects lower economic uptime on
the
Petrojarl l
FPSO, an absence of
Voyageur
FPSO revenues, lower day rates on the
Rangrid
FSO
and an absence of revenues from two vessels in the
FSO segment that were sold.
Operating Results
The commentary below compares certain results of the Partnership's
operating segments on the basis of the non-IFRS measure of Adjusted
EBITDA for the three months ended March 31, 2021 to the same period
of the prior year.
Altera Infrastructure L.P.
1
The following table presents the Partnership's Adjusted EBITDA by
segment:
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Three Months Ended |
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March 31, |
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December 31, |
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March 31, |
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2021 |
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2020 |
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2020 |
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In thousands of U.S. Dollars, unaudited |
$ |
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$ |
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$ |
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FPSO |
52,768 |
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72,355 |
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79,593 |
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Shuttle Tanker |
67,194 |
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71,823 |
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64,867 |
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FSO |
7,405 |
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(458) |
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23,892 |
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UMS |
(1,695) |
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(1,771) |
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(2,606) |
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Towage |
(2,350) |
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(744) |
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(2,003) |
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Corporate/Eliminations |
(3,052) |
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988 |
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(195) |
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Partnership Adjusted EBITDA |
120,270 |
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142,193 |
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163,548 |
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The Partnership's
Shuttle Tanker
segment generated Adjusted EBITDA of $67 million for the three
months ended March 31, 2021, compared to $65 million for the three
months ended March 31 2020.
The Partnership's
FPSO
segment generated Adjusted EBITDA of $53 million for the three
months ended March 31, 2021, compared to $80 million for the
three months ended March 31, 2020. The decrease of $27 million is
mainly due to lower economic uptime on the
Petrojarl I
FPSO and the impact of the
Voyageur
FPSO ceasing operations under its contract in
mid-2020.
The Partnership's
FSO
segment generated Adjusted EBITDA of $7 million for the three
months ended March 31, 2021, compared to $24 million in the same
period in 2020. The decrease of $17 million is mainly due to a
reduction in the
Randgrid
FSO contract rate and the absence of contribution from the
Dampier Spirit FSO
and
Apollo Spirit FSO,
as their contracts ended in the third quarter of 2020.
The Partnership's
UMS
segment generated Adjusted EBITDA loss of $2 million in the most
recent quarter, in line with same period in 2020.
The Partnership's
Towage
segment
generated Adjusted EBITDA loss of $2 million in the most recent
quarter, which includes revenues from freeing up a container vessel
in the Suez canal. Adjusted EBITDA is in line with same period in
2020.
Liquidity Update
As at March 31, 2021 the Partnership had total liquidity of $222
million, including $25 million of undrawn lines under a revolving
credit facility, representing a decrease of $14 million from the
prior quarter.
Strategic updates
Delivery of Shuttle Tanker Newbuildings
In January 2021, the Partnership took delivery of the fifth
LNG-fueled DP2 shuttle tanker newbuilding, the
Altera Wave.
The vessel has commenced operations and is trading as part of the
Partnership's CoA fleet in the North Sea. The sixth LNG fueled
vessel, the
Altera Wind,
was delivered in March 2021 and has arrived in Norway for testing,
while the seventh vessel is expected to be delivered early in 2022
and to operate off the East Coast of Canada.
Financings
During the three months ended March 31, 2021, the Partnership
entered into two additional unsecured revolving credit facilities
with Brookfield Business Partners LP and its affiliates, which
provide for total borrowings of up to $100 million and mature in
February 2022.
Altera Infrastructure L.P.
2
Forward Looking Statements
This
release contains forward-looking statements (as defined in Section
21E of the Securities Exchange Act of 1934, as amended) which
reflect management’s current views with respect to certain future
events and performance, including, among others: the Partnership’s
review of potential strategic initiatives, including any related
asset sales, joint ventures, capital raises or other transactions;
and the timing of vessel deliveries, the commencement of charter
contracts and the employment of newbuilding vessels. The following
factors are among those that could cause actual results to differ
materially from the forward-looking statements, which involve risks
and uncertainties, and that should be considered in evaluating any
such statement: alternatives and conditions to implement any
strategic initiatives; delays in vessel deliveries or the
commencement of charter contracts or changes in expected employment
of newbuilding vessels; and other factors discussed in the
Partnership’s filings from time to time with the SEC, including its
Report on Form 20-F for the fiscal year ended December 31, 2020.
The Partnership expressly disclaims any obligation or undertaking
to release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the
Partnership’s expectations with respect thereto or any change in
events, conditions or circumstances on which any such statement is
based.
About Altera Infrastructure L.P.
Altera
Infrastructure L.P. is a leading global energy infrastructure
services partnership primarily focused on the ownership and
operation of critical infrastructure assets in the offshore oil
regions of the North Sea, Brazil and the East Coast of Canada.
Altera has consolidated assets of approximately $4.4 billion,
comprised of 51 vessels, including floating production, storage and
offloading (FPSO)
units, shuttle tankers (including one newbuilding), floating
storage and offtake (FSO)
units, long-distance towing and offshore installation vessels and a
unit for maintenance and safety (UMS).
The majority of Altera’s fleet is employed on medium-term, stable
contracts.
Altera's preferred units trade on the New York Stock Exchange under
the symbols "ALIN PR A", "ALIN PR B" and "ALIN PR E",
respectively.
For Investor Relations enquiries contact:
Jan Rune Steinsland, Chief Financial Officer
Email: investor.relations@alterainfra.com
Tel: +47 97 05 25 33
Website:
www.alterainfra.com
Altera Infrastructure L.P.
3
ALTERA INFRASTRUCTURE L.P. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(LOSS)
(in thousands of U.S. Dollars)
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Three Months Ended |
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March 31, |
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December 31, |
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March 31, |
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2021 |
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2020 |
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2020 |
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$ |
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$ |
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$ |
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Revenues |
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272,754 |
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278,657 |
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312,401 |
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Direct operating costs |
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(161,841) |
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(143,896) |
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(153,819) |
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General and administrative expenses |
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(12,668) |
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(24,217) |
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(14,802) |
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Depreciation and amortization |
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(77,249) |
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(81,128) |
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(78,534) |
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Interest expense |
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(47,684) |
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(50,511) |
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(48,269) |
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Interest income |
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28 |
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1,870 |
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667 |
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Equity-accounted income (loss) |
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19,384 |
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19,658 |
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(4,055) |
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Impairment expense, net |
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— |
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(83,615) |
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(172,002) |
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Gain (loss) on dispositions, net |
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— |
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5,380 |
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(562) |
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Realized and unrealized gain (loss) on derivative
instruments |
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13,860 |
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7,190 |
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(90,923) |
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Foreign currency exchange gain (loss) |
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325 |
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(514) |
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(3,440) |
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Other income (expenses), net |
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(26) |
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(844) |
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(1,229) |
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Income (loss) before income tax (expense) recovery |
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6,883 |
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(71,970) |
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(254,567) |
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Income tax (expense) recovery |
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Current |
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(982) |
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(1,303) |
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(2,136) |
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Deferred |
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— |
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244 |
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(2,229) |
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Net income (loss) |
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5,901 |
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(73,029) |
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(258,932) |
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Attributable to: |
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Limited partners - common units |
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(302) |
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(80,120) |
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(258,141) |
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General partner |
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(2) |
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(615) |
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(1,907) |
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Limited partners - preferred units |
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7,880 |
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7,989 |
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8,038 |
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Non-controlling interests in subsidiaries |
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(1,675) |
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(283) |
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(6,922) |
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5,901 |
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(73,029) |
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(258,932) |
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Basic and diluted earnings (loss) per limited partner common
unit |
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0.00 |
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(0.20) |
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(0.63) |
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Altera Infrastructure L.P.
4
ALTERA INFRASTRUCTURE L.P. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF
COMPREHENSIVE INCOME (LOSS)
(in thousands of U.S. Dollars)
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Three Months Ended |
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March 31, |
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December 31, |
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March 31, |
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2021 |
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2020 |
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2020 |
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$ |
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$ |
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$ |
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Net income (loss) |
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5,901 |
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(73,029) |
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(258,932) |
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Other comprehensive income (loss) |
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Items that will not be reclassified subsequently to net income
(loss): |
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Pension adjustments, net of taxes |
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— |
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1,438 |
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— |
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Items that may be reclassified subsequently to net income
(loss): |
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To interest expense: |
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Realized gain on qualifying cash flow hedging
instruments |
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(190) |
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(189) |
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(208) |
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To equity income: |
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Realized gain on qualifying cash flow hedging
instruments |
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(196) |
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(201) |
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(255) |
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Total other comprehensive income (loss) |
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(386) |
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1,048 |
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(463) |
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Comprehensive income (loss) |
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5,515 |
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(71,981) |
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(259,395) |
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Attributable to: |
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Limited partners - common units |
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(685) |
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(79,080) |
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(258,601) |
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General partner |
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(5) |
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(607) |
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(1,910) |
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Limited partners - preferred units |
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7,880 |
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7,989 |
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8,038 |
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Non-controlling interests in subsidiaries |
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(1,675) |
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(283) |
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(6,922) |
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5,515 |
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(71,981) |
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(259,395) |
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Altera Infrastructure L.P.
5
ALTERA INFRASTRUCTURE L.P. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL
POSITION
(in thousands of U.S. Dollars)
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As at |
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As at |
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March 31, |
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December 31, |
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2021 |
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2020 |
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$ |
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$ |
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ASSETS |
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Current assets |
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Cash and cash equivalents |
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197,078 |
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235,734 |
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Financial assets |
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48,621 |
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103,514 |
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Accounts and other receivable, net |
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217,392 |
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222,629 |
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Vessels and equipment classified as held for sale |
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7,500 |
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7,500 |
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Inventory |
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21,586 |
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16,308 |
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Due from related parties |
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2,723 |
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9,980 |
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Other assets |
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34,571 |
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37,326 |
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Total current assets |
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529,471 |
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632,991 |
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Non-current assets |
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Financial assets |
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45,753 |
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36,372 |
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Vessels and equipment |
|
3,213,592 |
|
3,029,415 |
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Advances on newbuilding contracts |
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26,094 |
|
127,335 |
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Equity-accounted investments |
|
243,698 |
|
241,731 |
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Deferred tax assets |
|
5,144 |
|
5,153 |
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Other assets |
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169,887 |
|
185,521 |
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Goodwill |
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127,113 |
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127,113 |
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Total non-current assets |
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3,831,281 |
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3,752,640 |
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Total assets |
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4,360,752 |
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4,385,631 |
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LIABILITIES |
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Current liabilities |
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Accounts payable and other |
|
333,400 |
|
302,414 |
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Other financial liabilities |
|
40,307 |
|
198,985 |
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Borrowings |
|
349,890 |
|
362,079 |
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Due to related parties |
|
73,226 |
|
7 |
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Total current liabilities |
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796,823 |
|
863,485 |
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Non-current liabilities |
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Accounts payable and other |
|
114,068 |
|
128,671 |
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Other financial liabilities |
|
207,425 |
|
144,350 |
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Borrowings |
|
2,799,400 |
|
2,808,898 |
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Due to related parties |
|
199,648 |
|
194,628 |
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Deferred tax liabilities |
|
700 |
|
700 |
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Total non-current liabilities |
|
3,321,241 |
|
3,277,247 |
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Total liabilities |
|
4,118,064 |
|
4,140,732 |
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EQUITY |
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Limited partners - Class A common units |
|
(2,509) |
|
(2,505) |
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Limited partners - Class B common units |
|
(156,267) |
|
(157,897) |
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Limited partners - preferred units |
|
376,488 |
|
376,512 |
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General partner |
|
6,826 |
|
6,828 |
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Accumulated other comprehensive income |
|
3,685 |
|
4,071 |
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Non-controlling interests in subsidiaries |
|
14,465 |
|
17,890 |
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Total equity |
|
242,688 |
|
244,899 |
|
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Total liabilities and equity |
|
4,360,752 |
|
4,385,631 |
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Altera Infrastructure L.P.
6
ALTERA INFRASTRUCTURE L.P. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH
FLOWS
(in thousands of U.S. Dollars)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months Ended
March 31, |
|
|
2021 |
|
2020 |
|
|
$ |
|
$ |
|
|
|
|
|
|
Operating Activities |
|
|
|
|
|
Net income (loss) |
|
5,901 |
|
|
(258,932) |
|
|
Adjusted for the following items: |
|
|
|
|
|
Depreciation and amortization |
|
77,249 |
|
|
78,534 |
|
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Equity-accounted (income) loss, net of distributions
received |
|
(990) |
|
|
19,550 |
|
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Impairment expense, net |
|
— |
|
|
172,002 |
|
|
(Gain) loss on dispositions, net |
|
— |
|
|
562 |
|
|
Unrealized (gain) loss on derivative instruments |
|
(162,257) |
|
|
83,849 |
|
|
Deferred income tax expense (recovery) |
|
— |
|
|
2,229 |
|
|
Provisions and other items |
|
(193) |
|
|
(940) |
|
|
Other non-cash items |
|
12,086 |
|
|
6,246 |
|
|
Changes in non-cash working capital, net |
|
39,239 |
|
|
(17,964) |
|
|
Net operating cash flow |
|
(28,965) |
|
|
85,136 |
|
|
Financing Activities |
|
|
|
|
|
Proceeds from borrowings |
|
75,000 |
|
|
72,015 |
|
|
Repayments of borrowings and settlement of related derivative
instruments |
|
(99,367) |
|
|
(74,217) |
|
|
Financing costs related to borrowings |
|
(750) |
|
|
(201) |
|
|
Proceeds from borrowings related to sale and leaseback of
vessels |
|
71,400 |
|
|
11,900 |
|
|
Repayments of borrowings related to sale and leaseback of
vessels |
|
(2,881) |
|
|
— |
|
|
Financing costs related to borrowings from sale and leaseback of
vessels |
|
— |
|
|
(65) |
|
|
Proceeds from borrowings from related parties |
|
75,000 |
|
|
30,000 |
|
|
|
|
|
|
|
Lease liability repayments |
|
(3,392) |
|
|
(5,753) |
|
|
|
|
|
|
|
|
|
|
|
|
Distributions to limited partners and preferred
unitholders |
|
(7,880) |
|
|
(8,038) |
|
|
Distributions to others who have interests in
subsidiaries |
|
(1,750) |
|
|
(4,750) |
|
|
|
|
|
|
|
Repurchase of preferred units |
|
(24) |
|
|
— |
|
|
Net financing cash flow |
|
105,356 |
|
|
20,891 |
|
|
Investing Activities |
|
|
|
|
|
Additions |
|
|
|
|
|
Vessels and equipment |
|
(156,317) |
|
|
(201,707) |
|
|
Equity-accounted investments |
|
(1,172) |
|
|
(465) |
|
|
Dispositions: |
|
|
|
|
|
Vessels and equipment |
|
— |
|
|
15,060 |
|
|
Restricted cash |
|
42,202 |
|
|
83,815 |
|
|
Acquisition of company (net of cash acquired of $6.4
million) |
|
— |
|
|
6,430 |
|
|
Net investing cash flow |
|
(115,287) |
|
|
(96,867) |
|
|
Cash and cash equivalents |
|
|
|
|
|
Change during the period |
|
(38,896) |
|
|
9,160 |
|
|
Impact of foreign exchange on cash |
|
240 |
|
|
(4,822) |
|
|
Balance, beginning of the period |
|
235,734 |
|
|
199,388 |
|
|
Balance, end of the period |
|
197,078 |
|
|
203,726 |
|
|
|
|
|
|
Altera Infrastructure L.P.
7
Non-IFRS Measures
To supplement the unaudited interim condensed consolidated
financial statements, the Partnership uses Adjusted EBITDA, which
is a non-IFRS financial measure, as a measure of the Partnership's
performance. Adjusted EBITDA is calculated as net income (loss)
before interest expense, interest income, income tax expense, and
depreciation and amortization and is adjusted to exclude certain
items whose timing or amount cannot be reasonably estimated in
advance or that are not considered representative of core operating
performance. Such adjustments include impairment expenses, gain
(loss) on dispositions, net, unrealized gain (loss) on derivative
instruments, foreign currency exchange gain (loss) and certain
other income or expenses. Adjusted EBITDA also excludes: realized
gain or loss on interest rate swaps, as the Partnership in
assessing its performance, views these gains or losses as an
element of interest expense; realized gain or loss on derivative
instruments resulting from amendments or terminations of the
underlying instruments; realized gain or loss on foreign currency
forward contracts; and equity-accounted income (loss). Adjusted
EBITDA also includes the Partnership's proportionate share of
Adjusted EBITDA from its equity-accounted investments and excludes
the non-controlling interests' proportionate share of Adjusted
EBITDA. The Partnership does not have control over the operations
of, nor does it have any legal claim to the revenues and expenses
of its equity-accounted investments. Consequently, the cash flow
generated by the Partnership's equity-accounted investments may not
be available for use by the Partnership in the period that such
cash flows are generated.
Adjusted EBITDA is intended to provide additional information and
should not be considered as the sole measure of the Partnership's
performance or as a substitute for net income (loss) or other
measures of performance prepared in accordance with IFRS. In
addition, this measure does not have a standardized meaning and may
not be comparable to similar measures presented by other companies.
These non-IFRS measures are used by the Partnership's management,
and the Partnership believes that these supplementary metrics
assist investors and other users of its financial reports in
comparing its financial and operating performance across reporting
periods and with other companies.
Non-IFRS Financial Measures
The following table includes reconciliations of Adjusted EBITDA to
net income (loss) for the periods presented in the Partnership's
Consolidated Financial Summary.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
(in thousands of U.S. Dollars, unaudited) |
March 31, |
|
December 31, |
|
March 31, |
|
2021 |
|
2020 |
|
2020 |
|
$ |
|
$ |
|
$ |
|
Adjusted EBITDA |
120,270 |
|
|
142,193 |
|
|
163,548 |
|
|
Depreciation and amortization |
(77,249) |
|
|
(81,128) |
|
|
(78,534) |
|
|
Interest expense |
(47,684) |
|
|
(50,511) |
|
|
(48,269) |
|
|
Interest income |
28 |
|
|
1,870 |
|
|
667 |
|
|
Expenses and gains (losses) relating to equity-accounted
investments |
(4,869) |
|
|
(11,485) |
|
|
(28,908) |
|
|
Impairment expense, net |
— |
|
|
(83,615) |
|
|
(172,002) |
|
|
Gain (loss) on dispositions, net |
— |
|
|
5,380 |
|
|
(562) |
|
|
Realized and unrealized gain (loss) on derivative
instruments |
13,860 |
|
|
6,061 |
|
|
(89,620) |
|
|
Foreign currency exchange gain (loss) |
325 |
|
|
(514) |
|
|
(3,440) |
|
|
Other income (expenses), net |
(26) |
|
|
(844) |
|
|
(1,229) |
|
|
Adjusted EBITDA attributable to non-controlling
interests |
2,228 |
|
|
623 |
|
|
3,782 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) before income tax (expense) recovery |
6,883 |
|
|
(71,970) |
|
|
(254,567) |
|
|
Income tax (expense) recovery: |
|
|
|
|
|
|
Current |
(982) |
|
|
(1,303) |
|
|
(2,136) |
|
|
Deferred |
— |
|
|
244 |
|
|
(2,229) |
|
|
Net loss |
5,901 |
|
|
(73,029) |
|
|
(258,932) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Altera Infrastructure L.P.
8
Adjusted EBITDA from equity-accounted investments, which is a
non-IFRS financial measure and should not be considered as an
alternative to equity accounted income (loss) or any other measure
of financial performance presented in accordance with IFRS,
represents our proportionate share of Adjusted EBITDA (as defined
above) from equity-accounted investments. This measure does not
have a standardized meaning, and may not be comparable to similar
measures presented by other companies. Adjusted EBITDA from
equity-accounted investments is summarized in the table
below:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
(in thousands of U.S. Dollars, unaudited) |
March 31, |
|
December 31, |
|
March 31, |
|
2021 |
|
2020 |
|
2020 |
|
$ |
|
$ |
|
$ |
|
Equity-accounted income (loss) |
19,384 |
|
|
19,658 |
|
|
(4,055) |
|
|
Less: |
|
|
|
|
|
|
Depreciation and amortization |
(7,565) |
|
|
(7,713) |
|
|
(7,838) |
|
|
Interest expense, net |
(2,068) |
|
|
(5,102) |
|
|
(3,834) |
|
|
Income tax (expense) recovery |
|
|
|
|
|
|
Current |
(47) |
|
|
(139) |
|
|
(132) |
|
|
|
|
|
|
|
|
EBITDA |
29,064 |
|
|
32,612 |
|
|
7,749 |
|
|
Less: |
|
|
|
|
|
|
Realized and unrealized gain (loss) on derivative
instruments |
5,527 |
|
|
1,395 |
|
|
(15,078) |
|
|
Foreign currency exchange gain (loss) |
(716) |
|
|
74 |
|
|
(2,036) |
|
|
|
|
|
|
|
|
Adjusted EBITDA from equity-accounted investments
|
24,253 |
|
|
31,143 |
|
|
24,863 |
|
Altera Infrastructure L.P.
9
Altera Infrastructure (NYSE:ALIN-B)
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Altera Infrastructure (NYSE:ALIN-B)
Historical Stock Chart
Von Mai 2021 bis Mai 2022
