HISTORICAL FINANCIAL REVIEWKey Financials by Quarter Dividends are paid to shareholders in the quarter after they are declaredRatios presented are the ratios shown on each earnings presentationsIncludes the impact of a one-time partial refinancing of ATN2. Debt details Key Financials US $ in thousands US $ in millions (3) Dividend declared on August 3, 2016 is the sum of $0.145 per share corresponding to the first quarter of 2016 and $0.145 per share corresponding to the second quarter of 2016. (4) (5) (5) (5) (5) Includes compensation from our preferred equity investment in Brazil ($21.2M in Q3 2016, $6.8M in Q4 2016 and $10.4M in Q1 2017).(6) Excludes Solana debt repayments with proceeds received from Abengoa. $52.5M in March 2018 and $42.5M in December 2017. (6) 1Q16 2Q16 3Q16 4Q16 FY 2016 1Q17 2Q17 3Q17 4Q17 FY 2017 1Q18 2Q18 Revenues 206,376 261,302 295,272 208,847 971,797 198,146 285,069 291,964 233,202 1,008,381 225,265 287,848 F.A. EBITDA margin (%) 75.0% 79.5% 89.5% 69.6% 79.5% 83.3% 79.9% 80.9% 67.5% 78.0% 79.8% 91.5% Further Adj. EBITDA incl. unconsolidated affiliates 154,879 207,645 264,262 145,326 772,112 165,049 227,841 236,252 157,433 786,575 179,800 263,458 Atlantica Yield’s pro-rata share of EBITDA from unconsolidated affiliates (2,332) (2,193) (2,157) (2,120) (8,802) (1,100) (2,064) (2,052) (2,049) (7,265) (1,832) (2,071) Further Adjusted EBITDA 152,547 205,452 262,105 143,206 763,310 163,949 225,777 234,200 155,384 779,310 177,968 261,388 Dividends from unconsolidated affiliates - 4,984 - - 4,984 - - 2,454 549 3,003 - - Non-monetary items (18,356) (12,563) (11,508) (16,948) (59,375) (12,025) (10.758) (13,005) 14,906 (20,882) (8,839) (60,629) Interest and income tax paid (27,613) (137,371) (27,183) (141,890) (334,057) (26,610) (143,081) (28,976) (150,866) (349,533) (26,760) (133,844) Principal amortization of indebtedness net of new indebtedness at project level (14,254) (53,851) (18,792) (95,739) (182,636) (21,522) (54,528) (20,330) (113,362)* (209,742) * (17,647) (71,028) Deposits into/withdrawals from debt service accounts (34,155) 12,291 (43,027) 18,186 (46,705) 7,557 (8,157) (26,581) (1,205) (28,386) (21,720) 9,122 Change in non-restricted cash at project companies (41,089) 59,969 (90,385) 112,918 41,413 (27,293) 66,886 (143,982) 83,397 (20,992) (68,031) 94,448 Dividends paid to non-controlling interests - (5,479) (3,473) - (8,952) - (1,801) (2,837) - (4,638) - (6,787) Changes in other assets and liabilities (13,237) (33,824) (13,957) 39,325 (21,694) (23,184) (39,756) 35,747 49,621 22,428 8,060 (45,963) Asset refinancing 14,893 - - - 14,893 - - - - - - - Cash Available For Distribution (CAFD) 18,736. . 39,607 53,780 . 59,058 171,181 60,872 34,582 36,690 38,424 170,568 43,031 46,706 Dividends declared1 - 29,063 16,335 25,054 70,452 25,054 26,056 29,063 31,067 111,241 32,070 34,074 # of shares at the end of the period 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 100,217,260 DPS (in $ per share) - 0.290 0.163 0.250 0.703 0.250 0.260 0.290 0.310 1.110 0.32 0.34 Project debt 5,666.8 5,512.1 5,612.9 5,330.5 5,330.5 5,410.3 5,474.1 5,579.5 5,475.2 5,475.2 5,533.8 5,218.8 Project cash (529.4) (469.7) (587.6) (472.6) (472.6) (487.4) (435.4) (597.0) (520.9) (520.9) (604.5) (504.9) Net project debt 5,137.4 5,042.4 5,025.3 4,857.9 4,857.9 4,922.9 5,038.7 4,982.5 4,954.3 4,954.3 4,929.3 4,713.9 Corporate debt 669.9 666.3 671.6 668.2 668.2 667.9 684.6 700.9 643.1 643.1 657.3 639.0 Corporate cash (45.4) (84.9) (85.8) (122.2) (122.2) (102.0) (178.9) (197.1) (148.5) (148.5) (151.4) (152.3) Net corporate debt 624.5 581.4 585.8 546.0 546.0 565.9 505.7 503.8 494.6 494.6 505.9 486.8 Total net debt 5,761.9 5,623.8 5,611.2 5,403.8 5,403.8 5,488.8 5,544.4 5,486.3 5,448.9 5,448.9 5,435.2 5,200.6 Net Corporate Debt/CAFD pre corporate interests2 2.9x 2.7x 2.7x 2.7x 2.7x 2.6x 2.3x 2.3x 2.3x 2.3x 2.3x 2.2x (6)