Vivint Solar Inc. (VSLR) 2016年年度报告「NYSE」.pdf

1、Letter to Stockholders 2016 Annual Report May 1,2017 Dear Stockholders,In hindsight,2016 was a year of tremendous transformation for Vivint Solar.After terminating the SunEdison acquisition early in the year,we refocused on the core business fundamentals of building a sustainable business,delighting

2、 our customers,and delivering a differentiated value proposition.The process has not been easy as we strengthened the management team,rebuilt our capital structure,introduced system sales,and exited less profitable markets.Our efforts are bearing fruit and we are now a stronger company than when we

3、entered the year.For the year,we reported revenue of over$135 million,up over 100%from 2015.We installed 222 megawatts for over 31,000 customers.On a cumulative basis,Vivint Solar has installed 681 megawatts for nearly 99,600 customers.Our estimated nominal contracted payments remaining at the end o

4、f the year was$2.6 billion,growing 37 percent from the prior year.Our estimated cumulative retained value was$1.3 billion,up 45%from the prior year.Our capital structure is strong.In 2017,we will continue to focus on our core business fundamentals,building on the strong foundation we built in 2016 t

5、o become the preferred residential solar business in the industry.On behalf of myself,our leadership team,and our dedicated employees,we thank you for the trust you place in us.Sincerely,David Bywater Chief Executive Officer THIS PAGE INTENTIONALLY LEFT BLANK UNITED STATES SECURITIES AND EXCHANGE CO

6、MMISSION Washington,D.C.20549 FORM 10-K (Mark One)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31,2016 OR?TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36642