Icelandair Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	397.94	195.47	150.24	199.51	224.25	204.77
Short-Term Investments	113.67	170.37	104.56	71.01	42.16	58.2
Cash & Short-Term Investments	511.61	365.84	254.8	270.52	266.41	262.96
Cash Growth	6.54%	43.58%	-5.81%	1.54%	1.31%	65.00%
Accounts Receivable	266.11	83.7	81.26	59.2	71.04	50.26
Other Receivables	-	41.64	37.94	37.38	31.99	30.85
Receivables	266.11	125.33	119.2	96.59	103.04	81.1
Inventory	31.09	28.14	24.49	23.84	22.49	24.4
Prepaid Expenses	-	37.7	25.23	28.32	21.49	17.13
Restricted Cash	-	15.81	34.25	37.01	30.8	20.19
Other Current Assets	28.01	3.97	4.42	0.79	2.03	2.85
Total Current Assets	836.82	576.78	462.38	457.08	446.25	408.63
Property, Plant & Equipment	1,098	1,047	965.93	903.63	824.56	616.09
Long-Term Investments	36.68	37	31.74	8.4	11.9	11.59
Goodwill	-	22.42	22.42	22.42	22.42	22.42
Other Intangible Assets	58.26	35.39	33.96	32.96	32.78	33.19
Long-Term Deferred Tax Assets	87.53	73.51	63.79	59.73	55.59	60.65
Other Long-Term Assets	75.79	71.96	76.49	43.47	17.67	18.99
Total Assets	2,193	1,864	1,657	1,528	1,411	1,172
Accounts Payable	457.16	58.99	49.73	55.09	54.39	25.66
Accrued Expenses	-	8.23	17.01	10.41	10.62	6.07
Current Portion of Long-Term Debt	26.44	39.12	41.05	44.94	48.45	35.65
Current Portion of Leases	86.96	77.99	66.3	54.08	45.46	33.62
Current Unearned Revenue	592.32	391.3	351.58	317.79	303.36	259.08
Other Current Liabilities	-	255.07	198.92	163.52	137.6	131.54
Total Current Liabilities	1,163	830.69	724.59	645.82	599.88	491.61
Long-Term Debt	128.68	138.24	164.71	207.39	207.26	222.14
Long-Term Leases	520.33	461.57	398.8	332.17	296.69	212.04
Other Long-Term Liabilities	151.71	146.81	99.55	53.95	33.95	23.38
Total Liabilities	1,964	1,577	1,388	1,239	1,138	949.18
Common Stock	310.97	310.97	310.97	310.97	310.97	272.2
Additional Paid-In Capital	-	-	-	-	-	34.18
Retained Earnings	-123.08	-45.71	-37.32	-17.64	-28.73	-86.82
Comprehensive Income & Other	39.47	18.78	-6.25	-6.26	-9.74	5.06
Total Common Equity	227.36	284.05	267.4	287.07	272.51	224.62
Minority Interest	2.48	2.37	1.67	1.28	0.88	-2.24
Shareholders' Equity	229.84	286.42	269.07	288.35	273.39	222.38
Total Liabilities & Equity	2,193	1,864	1,657	1,528	1,411	1,172
Total Debt	762.41	716.92	670.86	638.58	597.87	503.44
Net Cash (Debt)	-250.79	-351.09	-416.06	-368.06	-331.46	-240.48
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01
Filing Date Shares Outstanding	40,519	41,120	41,120	41,120	41,120	35,958
Total Common Shares Outstanding	40,519	41,120	41,120	41,120	41,120	35,958
Working Capital	-326.05	-253.92	-262.21	-188.74	-153.64	-82.98
Book Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01
Tangible Book Value	169.1	226.24	211.01	231.69	217.31	169.01
Tangible Book Value Per Share	0.00	0.01	0.01	0.01	0.01	0.00
Buildings	-	144.94	130.21	108.1	91.66	89.02
Machinery	-	967.87	949.19	949.45	882.65	704.05