Bullboard - Stock Discussion Forum TransAlta Corp T.TA.P.H

Primary Symbol: T.TA Alternate Symbol(s): T.TA.P.E | T.TA.P.F | TACPF | T.TA.P.G | TSLTF | T.TA.P.J | TAC | T.TA.P.D

Utilities Utilities - Independent Power Producers

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar... see more

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TransAlta Corp > TransAlta Reports Fourth Quarter and Full Year 2021 Results

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Post by Betteryear2 on Feb 24, 2022 8:23am

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