SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

FTAI Infrastructure Inc. – ‘10-K’ for 12/31/23 – ‘EX-31.2’

On:  Tuesday, 3/26/24, at 9:55pm ET   ·   As of:  3/27/24   ·   For:  12/31/23   ·   Accession #:  1899883-24-12   ·   File #:  1-41370

Previous ‘10-K’:  ‘10-K’ on 3/9/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   11 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size

 3/27/24  FTAI Infrastructure Inc.          10-K       12/31/23  113:18M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   3.58M 
 2: EX-4.5      Instrument Defining the Rights of Security Holders  HTML     58K 
 3: EX-21.1     Subsidiaries List                                   HTML     49K 
 4: EX-23.1     Consent of Expert or Counsel                        HTML     29K 
 9: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     48K 
                Awarded Compensation                                             
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     33K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     33K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     31K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     31K 
15: R1          Cover page                                          HTML    101K 
16: R2          Consolidated and Combined Consolidated Balance      HTML    156K 
                Sheets                                                           
17: R3          Consolidated and Combined Consolidated Balance      HTML     55K 
                Sheets (Parentheticals)                                          
18: R4          Consolidated and Combined Consolidated Statements   HTML    119K 
                of Operations                                                    
19: R5          Consolidated and Combined Consolidated Statements   HTML     65K 
                of Comprehensive Loss                                            
20: R6          Consolidated and Combined Consolidated Statements   HTML     32K 
                of Comprehensive Loss (Parenthetical)                            
21: R7          Consolidated and Combined Consolidated Statement    HTML    111K 
                of Changes in Equity                                             
22: R8          Consolidated and Combined Consolidated Statements   HTML    156K 
                of Cash Flows                                                    
23: R9          Organization                                        HTML     34K 
24: R10         Basis of Presentation and Summary of Significant    HTML    103K 
                Accounting Policies                                              
25: R11         Leasing Equipment, Net                              HTML     51K 
26: R12         Property, Plant and Equipment, Net                  HTML     51K 
27: R13         Investments                                         HTML    116K 
28: R14         Intangible Assets, Net                              HTML     58K 
29: R15         Debt, Net                                           HTML    104K 
30: R16         Fair Value Measurements                             HTML     84K 
31: R17         Revenues                                            HTML    120K 
32: R18         Leases                                              HTML     68K 
33: R19         Equity-Based Compensation                           HTML    102K 
34: R20         Retirement Benefit Plans                            HTML    151K 
35: R21         Income Taxes                                        HTML     99K 
36: R22         Management Agreement and Affiliate Transactions     HTML     76K 
37: R23         Segment Information                                 HTML    456K 
38: R24         Redeemable Preferred Stock                          HTML     40K 
39: R25         Earnings Per Share and Equity                       HTML     66K 
40: R26         Commitments and Contingencies                       HTML     33K 
41: R27         Subsequent Events                                   HTML     32K 
42: R28         Basis of Presentation and Summary of Significant    HTML    159K 
                Accounting Policies (Policies)                                   
43: R29         Leasing Equipment, Net (Tables)                     HTML     52K 
44: R30         Property, Plant and Equipment, Net (Tables)         HTML     49K 
45: R31         Investments (Tables)                                HTML    107K 
46: R32         Intangible Assets, Net (Tables)                     HTML     63K 
47: R33         Debt, Net (Tables)                                  HTML     89K 
48: R34         Fair Value Measurements (Tables)                    HTML     79K 
49: R35         Revenues (Tables)                                   HTML    119K 
50: R36         Leases (Tables)                                     HTML     73K 
51: R37         Equity-Based Compensation (Tables)                  HTML     98K 
52: R38         Retirement Benefit Plans (Tables)                   HTML    153K 
53: R39         Income Taxes (Tables)                               HTML     99K 
54: R40         Management Agreement and Affiliate Transactions     HTML     63K 
                (Tables)                                                         
55: R41         Segment Information (Tables)                        HTML    451K 
56: R42         Earnings Per Share and Equity (Tables)              HTML     62K 
57: R43         Organization (Details)                              HTML     40K 
58: R44         BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT    HTML    162K 
                ACCOUNTING POLICIES - Narrative (Details)                        
59: R45         BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT    HTML     60K 
                ACCOUNTING POLICIES - Useful Life (Details)                      
60: R46         Leasing Equipment, Net (Details)                    HTML     74K 
61: R47         Property, Plant and Equipment, Net (Details)        HTML     68K 
62: R48         Property, Plant and Equipment, Net - Narrative      HTML     38K 
                (Details)                                                        
63: R49         INVESTMENTS - Ownership Carrying Values (Details)   HTML     55K 
64: R50         INVESTMENTS - Equity in (Losses) Earnings           HTML     47K 
                (Details)                                                        
65: R51         INVESTMENTS - Narrative (Details)                   HTML    168K 
66: R52         INVESTMENTS - Equity Method Investment (Details)    HTML    182K 
67: R53         INTANGIBLE ASSETS, NET - Summarized Intangible      HTML     46K 
                Assets and Liabilities (Details)                                 
68: R54         INTANGIBLE ASSETS, NET - Intangible Liabilities     HTML     36K 
                Amortization (Details)                                           
69: R55         INTANGIBLE ASSETS, NET - Schedule of Future         HTML     45K 
                Amortization Expense (Details)                                   
70: R56         DEBT, NET - Schedule of Debt (Details)              HTML    134K 
71: R57         DEBT, NET - Narrative (Details)                     HTML    242K 
72: R58         DEBT, NET - Debt Maturities (Details)               HTML     82K 
73: R59         FAIR VALUE MEASUREMENTS - Financial Assets          HTML     68K 
                Measured at Fair Value on a Recurring Basis                      
                (Details)                                                        
74: R60         FAIR VALUE MEASUREMENTS - Fair Value by Balance     HTML     49K 
                Sheet Grouping (Details)                                         
75: R61         REVENUES - Components of Revenue (Details)          HTML    103K 
76: R62         REVENUES - Lease Revenue (Details)                  HTML     44K 
77: R63         LEASES - Narrative (Details)                        HTML     34K 
78: R64         LEASES - Lease Cost (Details)                       HTML     45K 
79: R65         LEASES - Supplemental Information Related to        HTML     42K 
                Leases (Details)                                                 
80: R66         LEASES - Supplemental Cash Flow Information         HTML     34K 
                (Details)                                                        
81: R67         LEASES - Future Payments (Details)                  HTML     49K 
82: R68         EQUITY-BASED COMPENSATION - Narrative (Details)     HTML     77K 
83: R69         EQUITY-BASED COMPENSATION - Expenses Related to     HTML     87K 
                Stock-Based Compensation Expense (Details)                       
84: R70         EQUITY-BASED COMPENSATION - Summary of Activity     HTML    106K 
                (Details)                                                        
85: R71         EQUITY-BASED COMPENSATION - Summary of Options to   HTML     57K 
                Purchase Common Shares (Details)                                 
86: R72         RETIREMENT BENEFIT PLANS - Narrative (Details)      HTML     42K 
87: R73         RETIREMENT BENEFIT PLANS - Schedule of Changes in   HTML     78K 
                Expected Benefit Obligation and Plan Assets                      
                (Details)                                                        
88: R74         RETIRMENT BENEFIT PLANS - Schedule of Amounts       HTML     43K 
                Recognized in Balance Sheet (Details)                            
89: R75         RETIREMENT BENEFIT PLANS - Schedule of Amounts      HTML     51K 
                Recognized in Other Comprehensive Income (Loss)                  
                (Details)                                                        
90: R76         RETIREMENT BENEFIT PALNS - Defined Benefit Plan,    HTML     66K 
                Assumptions (Details)                                            
91: R77         RETIREMENT BENEFIT PLANS - Schedule of Expected     HTML     50K 
                Benefit Payments (Details)                                       
92: R78         INCOME TAXES - Components of Income Tax Expense     HTML     54K 
                (Details)                                                        
93: R79         INCOME TAXES - Provision for Income Tax             HTML     50K 
                Reconciliation (Details)                                         
94: R80         INCOME TAXES - Components of Deferred Tax Assets    HTML     61K 
                and Liabilities (Details)                                        
95: R81         INCOME TAXES - Changes in Valuation Allowance       HTML     34K 
                (Details)                                                        
96: R82         INCOME TAXES - Additional Information (Details)     HTML     47K 
97: R83         MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS -   HTML     95K 
                Narrative (Details)                                              
98: R84         MANAGEMENT AGREEMENT AND AFFILIATE TRANSACTIONS -   HTML     63K 
                Schedule of Related Party Transactions (Details)                 
99: R85         SEGMENT INFORMATION - Narrative (Details)           HTML     45K 
100: R86         SEGMENT INFORMATION - Statement of Income by        HTML    171K  
                Segment (Details)                                                
101: R87         SEGMENT INFORMATION - Reconciliation of Adjusted    HTML     98K  
                Net Income to Net Income (Details)                               
102: R88         SEGMENT INFORMATION - Balance Sheet (Details)       HTML    151K  
103: R89         REDEEMABLE PREFERRED STOCK - Narrative (Details)    HTML     81K  
104: R90         EARNINGS PER SHARE AND EQUITY - Schedule of         HTML     70K  
                Earnings Per Share (Details)                                     
105: R91         EARNINGS PER SHARE AND EQUITY - Narrative           HTML     67K  
                (Details)                                                        
106: R92         EARNINGS PER SHARE AND EQUITY - Schedule of         HTML     50K  
                Outstanding Stock Warrants and Changes (Details)                 
107: R93         Commitments and Contingencies (Details)             HTML     36K  
108: R94         Subsequent Events (Details)                         HTML     43K  
110: XML         IDEA XML File -- Filing Summary                      XML    201K  
113: XML         XBRL Instance -- ftai-20231231_htm                   XML   4.70M  
109: EXCEL       IDEA Workbook of Financial Report Info              XLSX    282K  
11: EX-101.CAL  XBRL Calculations -- ftai-20231231_cal               XML    308K 
12: EX-101.DEF  XBRL Definitions -- ftai-20231231_def                XML   1.29M 
13: EX-101.LAB  XBRL Labels -- ftai-20231231_lab                     XML   2.47M 
14: EX-101.PRE  XBRL Presentations -- ftai-20231231_pre              XML   1.86M 
10: EX-101.SCH  XBRL Schema -- ftai-20231231                         XSD    287K 
111: JSON        XBRL Instance as JSON Data -- MetaLinks              714±  1.09M  
112: ZIP         XBRL Zipped Folder -- 0001899883-24-000012-xbrl      Zip   1.22M  


‘EX-31.2’   —   Certification — §302 – SOA’02


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Document  

EXHIBIT 31.2
 
SECTION 302 CERTIFICATION OF CHIEF FINANCIAL OFFICER

I, Scott Christopher, certify that:

1.    I have reviewed this annual report on Form 10-K of FTAI Infrastructure Inc. (the “registrant”);
2.    Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.    Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.    The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
(a)    Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)     Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)    Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)    Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.    The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):
(a)    All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
(b)    Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 
March 26, 2024/s/ Scott Christopher
(Date)Scott Christopher
 Chief Financial Officer, Chief Accounting Officer and Treasurer



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed as of:3/27/24
Filed on:3/26/24
For Period end:12/31/23NT 10-K
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/10/24  FTAI Infrastructure Inc.          10-Q        3/31/24   90:12M


10 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/05/23  FTAI Infrastructure Inc.          8-K:1,2,5,9 7/05/23   12:245K                                   Broadridge Fin’l So… Inc
 8/01/22  FTAI Infrastructure Inc.          8-K:1,2,3,5 8/01/22   16:1.8M                                   Broadridge Fin’l So… Inc
 7/25/22  FTAI Infrastructure Inc.          8-K:1,2,9   7/25/22    2:45K                                    Broadridge Fin’l So… Inc
 7/12/22  FTAI Infrastructure Inc.          10-12B/A               4:7.8M                                   Broadridge Fin’l So… Inc
 7/01/22  FTAI Infrastructure Inc.          10-12B/A               9:8.3M                                   Broadridge Fin’l So… Inc
 4/29/22  FTAI Infrastructure Inc.          10-12B                12:8.1M                                   Broadridge Fin’l So… Inc
 7/29/21  FTAI Aviation Ltd.                10-Q        6/30/21  104:17M
 6/08/21  FTAI Aviation Ltd.                8-K:1,7,8,9 6/07/21   13:1M                                     Broadridge Fin’l So… Inc
 5/01/20  FTAI Aviation Ltd.                10-Q        3/31/20  107:18M
 5/03/19  FTAI Aviation Ltd.                10-Q        3/31/19   99:18M
Top
Filing Submission 0001899883-24-000012   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Wed., May 15, 6:36:06.2pm ET