TransAlta Reports Fourth Quarter and Full Year 2021 Results CALGARY, AB, Feb. 24, 2022 /PRNewswire/ -
Fourth Quarter 2021 Financial Highlights
- Adjusted EBITDA(1),(2) of $270 million, an increase of 15% over the same period in 2020
- Free Cash Flow ("FCF")(1) of $106 million, or $0.39 per share, an increase of 105% on a per-share basis from the same period in 2020
- Loss before income taxes of $32 million, an improvement of $136 million from the same period in 2020
- Cash flow from operating activities of $54 million, a decrease of 51% from the same period in 2020
Full Year 2021 Financial Highlights
- Adjusted EBITDA(1),(2) of $1.263 billion, an increase of 36% from the same period in 2020
- FCF(1) of $562 million, or $2.07 per share, an increase of 59% on a per-share basis from the same period in 2020
- Loss before income taxes of $380 million, an increase of $77 million from the same period in 2020
- Cash flow from operating activities of $1.0 billion, an increase of 43% from the same period in 2020