Icelandair Group hf. (ICE:ICEAIR)

Icelandair Group Balance Sheet

Financials in millions USD. 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	150.24	199.51	224.25	204.77	117.66
Short-Term Investments	104.56	71.01	42.16	58.2	-
Trading Asset Securities	-	-	-	-	41.71
Cash & Short-Term Investments	254.8	270.52	266.41	262.96	159.37
Cash Growth	-5.81%	1.54%	1.31%	65.00%	-32.20%
Accounts Receivable	81.26	59.2	71.04	50.26	38.66
Other Receivables	19.09	37.38	31.99	30.85	43.48
Receivables	100.35	96.59	103.04	81.1	82.14
Inventory	24.49	23.84	22.49	24.4	23.38
Prepaid Expenses	25.23	28.32	21.49	17.13	6.89
Restricted Cash	34.25	37.01	30.8	20.19	10.3
Other Current Assets	4.42	0.79	2.03	2.85	-
Total Current Assets	443.53	457.08	446.25	408.63	282.09
Property, Plant & Equipment	965.93	903.63	824.56	616.09	618.23
Long-Term Investments	31.74	8.4	11.9	11.59	9.6
Goodwill	22.42	22.42	22.42	22.42	24.59
Other Intangible Assets	33.96	32.96	32.78	33.19	35.67
Long-Term Deferred Tax Assets	63.79	59.73	55.59	60.65	38.84
Long-Term Deferred Charges	-	-	-	-	3.54
Other Long-Term Assets	76.49	43.47	17.67	18.99	21.69
Total Assets	1,638	1,528	1,411	1,172	1,034
Accounts Payable	49.73	55.09	54.39	25.66	13.66
Accrued Expenses	17.01	10.41	10.62	6.07	14.25
Short-Term Debt	-	-	-	-	27.94
Current Portion of Long-Term Debt	41.05	44.94	48.45	35.65	24.01
Current Portion of Leases	66.3	54.08	45.46	33.62	26.89
Current Unearned Revenue	351.58	317.79	303.36	259.08	187.4
Other Current Liabilities	180.08	163.52	137.6	131.54	106.31
Total Current Liabilities	705.75	645.82	599.88	491.61	400.47
Long-Term Debt	164.71	207.39	207.26	222.14	239.58
Long-Term Leases	398.8	332.17	296.69	212.04	119.71
Other Long-Term Liabilities	99.55	53.95	33.95	23.38	41.68
Total Liabilities	1,369	1,239	1,138	949.18	801.43
Common Stock	310.97	310.97	310.97	272.2	212.97
Additional Paid-In Capital	-	-	-	34.18	13.21
Retained Earnings	-37.32	-17.64	-28.73	-86.82	16.68
Comprehensive Income & Other	-6.25	-6.26	-9.74	5.06	-8.31
Total Common Equity	267.4	287.07	272.51	224.62	234.55
Minority Interest	1.67	1.28	0.88	-2.24	-1.74
Shareholders' Equity	269.07	288.35	273.39	222.38	232.81
Total Liabilities & Equity	1,638	1,528	1,411	1,172	1,034
Total Debt	670.86	638.58	597.87	503.44	438.13
Net Cash (Debt)	-416.06	-368.06	-331.46	-240.48	-278.76
Net Cash Per Share	-0.01	-0.01	-0.01	-0.01	-0.02
Filing Date Shares Outstanding	41,120	41,120	41,120	35,958	28,438
Total Common Shares Outstanding	41,120	41,120	41,120	35,958	28,438
Working Capital	-262.21	-188.74	-153.64	-82.98	-118.38
Book Value Per Share	0.01	0.01	0.01	0.01	0.01
Tangible Book Value	211.01	231.69	217.31	169.01	174.29
Tangible Book Value Per Share	0.01	0.01	0.01	0.00	0.01
Buildings	130.21	108.1	91.66	89.02	91.29
Machinery	949.19	949.45	882.65	704.05	774.24

Source: S&P Capital IQ. Standard template. Financial Sources.