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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	5,008	4,829	6,194	6,626	6,658	6,423
Short-Term Investments	1,317	-	-	-	-	285
Trading Asset Securities	-	1,188	1,258	647	474	1
Cash & Short-Term Investments	6,325	6,017	7,452	7,273	7,132	6,709
Cash Growth	10.81%	-19.26%	2.46%	1.98%	6.30%	59.81%
Accounts Receivable	2,455	2,051	2,152	1,785	1,511	1,248
Other Receivables	-	508	393	517	673	694
Receivables	2,455	2,579	2,582	2,311	2,190	1,950
Inventory	993	959	853	723	567	543
Prepaid Expenses	-	265	262	229	169	134
Restricted Cash	-	-	-	-	-	309
Other Current Assets	1,210	765	666	603	671	250
Total Current Assets	10,983	10,585	11,815	11,139	10,729	9,895
Property, Plant & Equipment	24,008	21,472	18,888	17,417	17,016	17,257
Long-Term Investments	257	1,235	1,053	1,108	749	709
Goodwill	223	226	224	225	222	215
Other Intangible Assets	1,477	1,364	1,281	1,205	1,235	1,230
Long-Term Deferred Tax Assets	304	662	698	714	278	252
Other Long-Term Assets	1,281	396	307	331	300	481
Total Assets	38,533	36,155	34,490	32,305	30,683	30,181
Accounts Payable	2,602	2,608	2,447	2,424	1,850	1,435
Accrued Expenses	2,576	2,304	2,912	1,969	984	1,255
Short-Term Debt	-	-	13	3	4	1
Current Portion of Long-Term Debt	1,135	1,050	1,246	400	819	732
Current Portion of Leases	1,452	1,624	1,266	1,330	1,229	1,443
Current Income Taxes Payable	443	469	412	451	794	565
Current Unearned Revenue	6,648	5,985	5,676	5,502	4,405	4,146
Other Current Liabilities	1,913	2,231	1,977	1,583	1,641	2,201
Total Current Liabilities	16,769	16,271	15,949	13,662	11,726	11,778
Long-Term Debt	3,646	3,748	4,077	6,495	8,387	11,305
Long-Term Leases	8,771	8,241	7,056	6,481	5,825	5,333
Long-Term Unearned Revenue	215	29	32	34	43	36
Pension & Post-Retirement Benefits	1,681	1,686	1,685	1,634	1,939	2,041
Long-Term Deferred Tax Liabilities	5	2	-	1	1	22
Other Long-Term Liabilities	5,244	5,379	5,191	6,478	6,578	5,008
Total Liabilities	36,331	35,356	33,990	34,785	34,499	35,523
Common Stock	263	263	263	2,571	643	429
Additional Paid-In Capital	7,560	7,560	7,560	5,217	4,949	4,139
Retained Earnings	-	387	1,004	798	-3,222	-7,030
Treasury Stock	-28	-27	-25	-25	-25	-25
Comprehensive Income & Other	-7,719	-9,947	-10,853	-11,565	-6,169	-2,864
Total Common Equity	76	-1,764	-2,051	-3,004	-3,824	-5,351
Minority Interest	2,126	2,563	2,551	524	8	9
Shareholders' Equity	2,202	799	500	-2,480	-3,816	-5,342
Total Liabilities & Equity	38,533	36,155	34,490	32,305	30,683	30,181
Total Debt	15,004	14,663	13,658	14,709	16,264	18,814
Net Cash (Debt)	-8,679	-8,646	-6,206	-7,356	-9,058	-12,017
Net Cash Per Share	-33.05	-32.92	-31.52	-37.87	-156.53	-281.15
Filing Date Shares Outstanding	262.59	262.66	262.63	256.93	64.14	42.74
Total Common Shares Outstanding	262.59	262.66	262.63	256.93	64.14	42.74
Working Capital	-5,786	-5,686	-4,134	-2,523	-997	-1,883
Book Value Per Share	-5.68	-10.82	-11.91	-15.32	-108.74	-125.19
Tangible Book Value	-1,624	-3,354	-3,556	-4,434	-5,281	-6,796
Tangible Book Value Per Share	-12.16	-16.87	-17.64	-20.89	-131.46	-159.00
Land	-	2,877	2,799	2,781	2,739	2,758
Machinery	-	22,444	21,296	20,410	20,392	20,746
Construction In Progress	-	2,215	1,922	1,628	1,371	1,697
Order Backlog	-	8,404	-	-	-	-

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