Cathay Pacific Airways Limited (HKG:0293)

Cathay Pacific Airways Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,444	7,894	7,340	8,573	6,166
Short-Term Investments	-	7,631	10,818	10,572	13,031
Cash & Short-Term Investments	5,444	15,525	18,158	19,145	19,197
Cash Growth	-64.93%	-14.50%	-5.16%	-0.27%	30.40%
Accounts Receivable	4,743	4,487	4,017	3,922	3,385
Other Receivables	2,078	1,512	1,819	2,615	2,994
Receivables	6,821	5,999	5,836	6,537	6,379
Inventory	1,386	967	1,137	1,269	1,719
Other Current Assets	5,595	258	1,205	1,946	272
Total Current Assets	19,246	22,749	26,336	28,897	27,567
Property, Plant & Equipment	116,457	112,857	115,891	121,191	128,995
Long-Term Investments	16,371	16,873	17,332	25,288	27,304
Goodwill	11,615	11,615	11,615	11,615	11,615
Other Intangible Assets	2,805	2,902	3,163	3,412	3,446
Long-Term Deferred Tax Assets	1,152	1,085	1,134	846	627
Other Long-Term Assets	3,598	6,034	5,443	5,378	5,020
Total Assets	171,244	174,115	180,914	196,627	204,574
Accounts Payable	7,480	7,397	5,380	4,327	3,284
Accrued Expenses	785	540	330	271	218
Current Portion of Long-Term Debt	7,423	5,719	8,490	16,061	17,513
Current Portion of Leases	4,203	4,804	6,153	6,289	6,736
Current Income Taxes Payable	1,771	2,509	4,023	2,765	1,977
Current Unearned Revenue	18,365	15,223	13,537	7,925	8,122
Other Current Liabilities	10,212	9,301	5,489	5,497	8,874
Total Current Liabilities	50,239	45,493	43,402	43,135	46,724
Long-Term Debt	33,174	33,576	36,676	39,061	37,982
Long-Term Leases	23,675	24,195	25,787	28,443	30,898
Long-Term Unearned Revenue	197	252	282	478	-
Long-Term Deferred Tax Liabilities	7,990	7,756	8,117	9,820	11,499
Other Long-Term Liabilities	3,462	2,720	2,766	3,441	4,210
Total Liabilities	118,737	114,082	117,105	124,378	131,313
Common Stock	28,841	28,828	28,822	28,822	28,822
Retained Earnings	-	21,186	13,209	19,724	24,741
Comprehensive Income & Other	23,659	10,012	2,272	4,198	194
Total Common Equity	52,500	60,026	44,303	52,744	53,757
Minority Interest	7	7	6	5	4
Shareholders' Equity	52,507	60,033	63,809	72,249	73,261
Total Liabilities & Equity	171,244	174,115	180,914	196,627	204,574
Total Debt	68,475	68,294	77,106	89,854	93,129
Net Cash (Debt)	-63,031	-52,769	-58,948	-70,709	-73,932
Net Cash Per Share	-8.54	-7.14	-9.16	-10.98	-14.34
Filing Date Shares Outstanding	6,439	6,438	6,437	6,437	6,437
Total Common Shares Outstanding	6,439	6,438	6,437	6,437	6,437
Working Capital	-30,993	-22,744	-17,066	-14,238	-19,157
Book Value Per Share	8.15	9.32	6.88	8.19	8.35
Tangible Book Value	38,080	45,509	29,525	37,717	38,696
Tangible Book Value Per Share	5.91	7.07	4.59	5.86	6.01
Land	-	15,295	15,206	15,191	15,404
Machinery	-	160,540	141,407	142,382	137,927
Construction In Progress	-	-	-	20	20

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.