AES CORP

For the period ended Dec 31, 2023. Filed Feb 26, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 26, 2024

AES$14.90+0.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

	2023	2022	2021
(in millions, except per share amounts)
Revenue:
Non-Regulated	$9,245	$9,079	$8,273
Regulated	3,423	3,538	2,868
Total revenue	12,668	12,617	11,141
Cost of Sales:
Non-Regulated	(7,173)	(6,907)	(5,982)
Regulated	(2,991)	(3,162)	(2,448)
Total cost of sales	(10,164)	(10,069)	(8,430)
Operating margin	2,504	2,548	2,711
General and administrative expenses	(255)	(207)	(166)
Interest expense	(1,319)	(1,117)	(911)
Interest income	551	389	298
Loss on extinguishment of debt	(63)	(15)	(78)
Other expense	(99)	(68)	(60)
Other income	89	102	410
Gain (loss) on disposal and sale of business interests	134	(9)	(1,683)
Goodwill impairment expense	(12)	(777)	—
Asset impairment expense	(1,067)	(763)	(1,575)
Foreign currency transaction losses	(359)	(77)	(10)
Other non-operating expense	—	(175)	—
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES	104	(169)	(1,064)
Income tax benefit (expense)	(261)	(265)	133
Net equity in losses of affiliates	(32)	(71)	(24)
LOSS FROM CONTINUING OPERATIONS	(189)	(505)	(955)
Gain from disposal of discontinued businesses, net of income tax benefit (expense) of $7, $0, and $(1), respectively	7	—	4
NET LOSS	(182)	(505)	(951)
Less: Net loss (income) attributable to noncontrolling interests and redeemable stock of subsidiaries	431	(41)	542
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	$249	$(546)	$(409)
AMOUNTS ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS:
Income (loss) from continuing operations, net of tax	$242	$(546)	$(413)
Income from discontinued operations, net of tax	7	—	4
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION	$249	$(546)	$(409)
BASIC EARNINGS PER SHARE:
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax	$0.36	$(0.82)	$(0.62)
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax	0.01	—	0.01
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS	$0.37	$(0.82)	$(0.61)
DILUTED EARNINGS PER SHARE:
Income (loss) from continuing operations attributable to The AES Corporation common stockholders, net of tax	$0.34	$(0.82)	$(0.62)
Income from discontinued operations attributable to The AES Corporation common stockholders, net of tax	0.01	—	0.01
NET INCOME (LOSS) ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS	$0.35	$(0.82)	$(0.61)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.