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Clean Energy Reports Gallons Delivered Rose 17% During The Third Quarter Of 2013

The table below shows Adjusted EBITDA and also reconciles these figures to the GAAP measure net loss attributable to Clean Energy Fuels Corp.:

 
  Three Months Ended   Nine Months Ended
Sept. 30, Sept. 30,
(in 000s) 2012   2013 2012   2013
Net Loss Attributable to Clean Energy Fuels Corp. $ (16,321 ) $ (18,836 ) $ (59,520 ) $ (34,650 )
Income Tax Expense 277 558 695 2,656
Interest Expense, Net 4,314 7,418 11,337 18,771
Depreciation and Amortization 9,047 10,924 26,098 31,859
Foreign Currency (Gain) Loss on IMW Purchase Notes (741 ) (150 ) (691 ) 291
Stock Based Compensation, Net of Tax Benefits 6,044 5,684 16,492 17,347
Mark-to-Market Gain on Series I Warrants   (5,692 )   (1,366 )   (1,085 )   (861 )
Adjusted EBITDA $ (3,072 ) $ 4,232 $ (6,674 ) $ 35,413
 

Gallons Delivered

The Company defines “gallons delivered” as its compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas (RNG) and the gallons associated with providing operations and maintenance services delivered to its customers during the period.

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