Deutsche Lufthansa AG Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,160	1,790	1,590	1,784	2,307
Short-Term Investments	2,586	1,878	1,411	1,102	1,158
Trading Asset Securities	4,402	4,820	5,264	5,415	4,201
Cash & Short-Term Investments	8,148	8,488	8,265	8,301	7,666
Cash Growth	-4.01%	2.70%	-0.43%	8.28%	40.40%
Accounts Receivable	2,855	2,832	2,621	3,333	2,579
Other Receivables	1,999	1,964	1,690	1,214	1,521
Receivables	4,854	4,796	4,311	4,547	4,100
Inventory	1,645	1,606	1,385	812	675
Other Current Assets	1,511	1,426	2,012	1,595	1,034
Total Current Assets	16,158	16,316	15,973	15,255	13,475
Property, Plant & Equipment	19,706	19,025	18,129	18,322	18,278
Long-Term Investments	1,349	884	718	665	717
Goodwill	298	298	298	356	511
Other Intangible Assets	904	896	962	966	1,001
Long-Term Deferred Tax Assets	2,264	2,682	3,059	2,928	4,661
Long-Term Deferred Charges	-	-	-	88	74
Other Long-Term Assets	7,208	6,599	5,859	4,576	3,502
Total Assets	48,394	47,052	45,321	43,335	42,538
Accounts Payable	4,375	4,472	4,125	4,041	2,881
Accrued Expenses	1,329	1,075	1,375	684	410
Short-Term Debt	27	9	4	21	19
Current Portion of Long-Term Debt	1,768	2,299	2,469	1,478	1,221
Current Portion of Leases	653	511	419	403	408
Current Income Taxes Payable	536	594	675	545	705
Current Unearned Revenue	8,625	8,200	7,810	7,657	6,033
Other Current Liabilities	2,628	2,421	2,873	2,879	3,005
Total Current Liabilities	19,941	19,581	19,750	17,708	14,682
Long-Term Debt	9,300	9,037	8,906	11,229	13,079
Long-Term Leases	2,806	2,376	2,149	2,041	1,962
Long-Term Unearned Revenue	37	29	54	44	51
Pension & Post-Retirement Benefits	2,390	2,711	2,942	2,151	6,724
Long-Term Deferred Tax Liabilities	594	559	505	517	529
Other Long-Term Liabilities	1,615	1,165	1,306	1,171	1,021
Total Liabilities	36,683	35,458	35,612	34,861	38,048
Common Stock	3,070	3,068	3,063	3,060	3,060
Retained Earnings	6,553	5,477	4,187	2,859	-1,700
Comprehensive Income & Other	2,026	2,997	2,409	2,486	3,090
Total Common Equity	11,649	11,542	9,659	8,405	4,450
Minority Interest	62	52	50	69	40
Shareholders' Equity	11,711	11,594	9,709	8,474	4,490
Total Liabilities & Equity	48,394	47,052	45,321	43,335	42,538
Total Debt	14,554	14,232	13,947	15,172	16,689
Net Cash (Debt)	-6,406	-5,744	-5,682	-6,871	-9,023
Net Cash Per Share	-5.35	-4.80	-4.75	-5.75	-12.22
Filing Date Shares Outstanding	1,199	1,198	1,197	1,195	1,195
Total Common Shares Outstanding	1,199	1,198	1,197	1,195	1,195
Working Capital	-3,783	-3,265	-3,777	-2,453	-1,207
Book Value Per Share	9.71	9.63	8.07	7.03	3.72
Tangible Book Value	10,447	10,348	8,399	7,083	2,938
Tangible Book Value Per Share	8.71	8.64	7.02	5.92	2.46
Land	-	-	2,024	2,469	2,394
Buildings	2,268	2,057	-	-	-
Machinery	35,584	36,221	34,520	33,924	33,152

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.