Air France-KLM Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5,921	4,714	4,829	6,194	6,626	6,658
Trading Asset Securities	-	1,075	929	1,051	647	474
Cash & Short-Term Investments	5,921	5,789	5,758	7,245	7,273	7,132
Cash Growth	1.67%	0.54%	-20.52%	-0.39%	1.98%	6.30%
Accounts Receivable	2,928	2,216	2,051	2,152	1,785	1,511
Other Receivables	-	468	508	393	517	673
Receivables	2,928	2,708	2,579	2,582	2,311	2,190
Inventory	1,029	992	959	853	723	567
Prepaid Expenses	-	236	265	262	229	169
Other Current Assets	3,994	837	1,024	873	603	671
Total Current Assets	13,872	10,562	10,585	11,815	11,139	10,729
Property, Plant & Equipment	24,933	24,782	21,472	18,888	17,417	17,016
Long-Term Investments	247	1,146	1,235	1,053	1,108	749
Goodwill	223	223	226	224	225	222
Other Intangible Assets	1,210	1,469	1,364	1,281	1,205	1,235
Long-Term Deferred Tax Assets	460	713	662	698	714	278
Other Long-Term Assets	1,944	300	396	307	331	300
Total Assets	42,889	39,445	36,155	34,490	32,305	30,683
Accounts Payable	2,977	2,723	2,608	2,447	2,424	1,850
Accrued Expenses	2,821	2,524	2,304	2,912	1,969	984
Short-Term Debt	-	-	-	13	3	4
Current Portion of Long-Term Debt	1,667	1,219	1,050	1,246	400	819
Current Portion of Leases	1,523	1,543	1,624	1,266	1,330	1,229
Current Income Taxes Payable	411	465	469	412	451	794
Current Unearned Revenue	8,130	6,377	5,985	5,676	5,502	4,405
Other Current Liabilities	1,858	2,262	2,231	1,977	1,583	1,641
Total Current Liabilities	19,387	17,113	16,271	15,949	13,662	11,726
Long-Term Debt	3,812	3,519	3,748	4,077	6,495	8,387
Long-Term Leases	9,371	9,246	8,241	7,056	6,481	5,825
Long-Term Unearned Revenue	228	215	29	32	34	43
Pension & Post-Retirement Benefits	1,668	1,654	1,686	1,685	1,634	1,939
Long-Term Deferred Tax Liabilities	1	-	2	-	1	1
Other Long-Term Liabilities	5,330	5,334	5,379	5,191	6,478	6,578
Total Liabilities	39,797	37,081	35,356	33,990	34,785	34,499
Common Stock	263	263	263	263	2,571	643
Additional Paid-In Capital	7,560	7,560	7,560	7,560	5,217	4,949
Retained Earnings	-	1,663	387	1,004	798	-3,222
Treasury Stock	-27	-27	-27	-25	-25	-25
Comprehensive Income & Other	-6,803	-9,161	-9,947	-10,853	-11,565	-6,169
Total Common Equity	993	298	-1,764	-2,051	-3,004	-3,824
Minority Interest	2,099	2,066	2,563	2,551	524	8
Shareholders' Equity	3,092	2,364	799	500	-2,480	-3,816
Total Liabilities & Equity	42,889	39,445	36,155	34,490	32,305	30,683
Total Debt	16,373	15,527	14,663	13,658	14,709	16,264
Net Cash (Debt)	-10,452	-9,738	-8,905	-6,413	-7,356	-9,058
Net Cash Per Share	-37.25	-34.71	-33.91	-32.57	-37.87	-156.53
Filing Date Shares Outstanding	262.62	262.62	262.66	262.63	256.93	64.14
Total Common Shares Outstanding	262.62	262.62	262.66	262.63	256.93	64.14
Working Capital	-5,515	-6,551	-5,686	-4,134	-2,523	-997
Book Value Per Share	-0.97	-3.74	-10.82	-11.91	-15.32	-108.74
Tangible Book Value	-440	-1,394	-3,354	-3,556	-4,434	-5,281
Tangible Book Value Per Share	-6.42	-10.19	-16.87	-17.64	-20.89	-131.46
Land	-	2,984	2,877	2,799	2,781	2,739
Machinery	-	23,541	22,444	21,296	20,410	20,392
Construction In Progress	-	3,056	2,215	1,922	1,628	1,371
Order Backlog	-	9,125	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.