Exhibit 99.3
SELECTED FINANCIAL DATA
The information in this section, excluding the operational information, Adjusted EBITDA, Funds From Operations and Funds From Operations per Unit set forth in the tables below, is derived from and should be read in conjunction with the audited consolidated financial statements of Brookfield Renewable as at December 31, 2019 and 2018, and for the years ended December 31, 2019, 2018 and 2017 and related notes.
HISTORICAL OPERATIONAL AND FINANCIAL INFORMATION
YEAR ENDED DECEMBER 31 (MILLIONS, EXCEPT AS NOTED) | 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
Operational information: | ||||||||||||||||||||
Capacity (MW) | 18,883 | 17,419 | 16,369 | 10,731 | 7,284 | |||||||||||||||
Total generation (GWh) | ||||||||||||||||||||
Long-term average generation | 53,926 | 51,971 | 42,334 | 38,982 | 24,467 | |||||||||||||||
Actual generation | 52,560 | 52,056 | 43,385 | 34,071 | 23,332 | |||||||||||||||
Proportionate generation (GWh) | ||||||||||||||||||||
Long-term average generation | 26,189 | 25,844 | 23,251 | 22,362 | 18,749 | |||||||||||||||
Actual generation | 26,038 | 25,753 | 23,968 | 20,222 | 17,662 | |||||||||||||||
Average revenue ($ per MWh) | 78 | 75 | 70 | 73 | 73 | |||||||||||||||
Additional financial information: | ||||||||||||||||||||
Net income (loss) attributable to Unitholders(1)(3) | $ | (103 | ) | $ | 80 | $ | (56 | ) | $ | (65 | ) | $ | 3 | |||||||
Basic earnings (loss) per LP Unit | (0.40 | ) | 0.10 | (0.22 | ) | (0.23 | ) | (0.01 | ) | |||||||||||
Consolidated Adjusted EBITDA | 2,893 | 2,670 | 1,837 | 1,499 | 1,224 | |||||||||||||||
Proportionate Adjusted EBITDA | 1,444 | 1,323 | 1,142 | 942 | 907 | |||||||||||||||
Funds From Operations | 761 | 676 | 581 | 419 | 467 | |||||||||||||||
Funds From Operations per Unit(1)(2)(3) | 1.96 | 1.73 | 1.51 | 1.14 | 1.32 | |||||||||||||||
Distribution per LP Unit(3) | 1.65 | 1.57 | 1.50 | 1.42 | 1.33 |
(1) | Unitholders and per Unit include holders of the GP interest, Redeemable/Exchangeable partnership units, and LP Units. |
(2) | For the year ended December 31, 2019, weighted average LP Units, Redeemable/Exchangeable partnership units and GP interest totaled 389.0 million (2018: 390.4 million, 2017: 383.6 million, 2016: 366.5 million and 2015: 353.4 million). |
(3) | Adjusted to reflect the special distribution of BEPC exchangeable shares effective July 30, 2020 |