Korean Airlines Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	3,101,719	1,869,988	2,215,625	622,787	1,056,901	1,185,375
Short-Term Investments	3,224,312	3,532,925	4,513,975	5,554,602	4,939,457	2,942,145
Trading Asset Securities	18,025	18,028	2,506	22.46	38.25	11.82
Cash & Short-Term Investments	6,344,056	5,420,941	6,732,106	6,177,412	5,996,395	4,127,532
Cash Growth	-5.20%	-19.48%	8.98%	3.02%	45.28%	122.61%
Accounts Receivable	1,825,208	1,291,750	1,296,357	945,848	1,006,730	1,112,652
Other Receivables	476,463	380,085	328,034	208,046	169,947	135,134
Receivables	2,305,277	1,674,229	1,625,717	1,153,921	1,176,701	1,247,804
Inventory	1,512,811	1,448,919	1,170,693	853,580	730,075	597,064
Prepaid Expenses	158,656	93,810	83,626	59,199	34,220	31,712
Other Current Assets	1,047,618	1,070,038	752,203	350,558	152,873	101,971
Total Current Assets	11,368,418	9,707,938	10,364,345	8,594,670	8,090,263	6,106,083
Property, Plant & Equipment	33,962,133	32,943,641	28,374,491	18,174,887	17,079,086	16,914,084
Long-Term Investments	969,768	956,728	733,872	547,429	503,276	648,255
Goodwill	1,839,690	1,839,690	1,839,690	439,977	450,418	14,761
Other Intangible Assets	1,119,165	1,146,625	1,237,717	384,209	423,337	261,223
Long-Term Accounts Receivable	15	48	47.33	14.86	352,178	37.07
Long-Term Deferred Tax Assets	2,286,932	2,268,927	1,959,232	814,071	796,276	739,747
Other Long-Term Assets	1,759,353	1,535,894	2,494,879	1,431,104	1,302,372	1,987,687
Total Assets	53,310,246	50,406,072	47,012,066	30,391,776	28,997,701	26,671,903
Accounts Payable	435,906	334,870	351,893	240,222	255,297	139,160
Accrued Expenses	1,417,140	1,884,254	1,805,279	1,162,689	873,461	692,430
Short-Term Debt	2,056,807	2,027,009	2,517,022	1,021,408	906,051	985,568
Current Portion of Long-Term Debt	1,998,712	1,437,526	2,541,419	1,539,165	1,417,075	2,989,030
Current Portion of Leases	2,288,368	2,190,549	2,182,081	1,178,798	1,333,154	1,382,926
Current Income Taxes Payable	174,017	240,952	275,448	201,432	747,105	230,260
Current Unearned Revenue	1,249,002	1,253,895	1,021,406	993,211	878,369	760,724
Other Current Liabilities	7,591,333	5,712,415	5,897,843	3,072,939	2,064,672	1,223,119
Total Current Liabilities	17,211,285	15,081,471	16,592,390	9,409,864	8,475,183	8,403,217
Long-Term Debt	6,003,497	5,985,961	3,440,848	3,951,815	3,964,663	2,931,256
Long-Term Leases	11,610,304	10,847,010	8,744,564	3,255,681	3,516,367	4,218,090
Long-Term Unearned Revenue	3,095,065	3,011,959	2,921,822	1,849,390	2,071,843	2,340,626
Pension & Post-Retirement Benefits	2,791,884	2,751,992	2,558,853	1,824,402	1,462,019	1,622,481
Long-Term Deferred Tax Liabilities	169,867	169,973	187,948	87,538	95,563	26,601
Other Long-Term Liabilities	1,153,170	1,098,608	1,602,450	197,878	119,602	263,944
Total Liabilities	42,035,071	38,946,974	36,048,874	20,576,568	19,705,241	19,806,214
Common Stock	1,846,657	1,846,657	1,846,657	1,846,657	1,846,657	1,744,658
Additional Paid-In Capital	4,144,475	4,144,651	4,145,343	4,145,343	4,145,584	3,948,435
Retained Earnings	3,793,969	3,949,392	3,485,552	2,591,941	2,053,684	110,077
Treasury Stock	-1.93	-1.93	-1.86	-1.77	-1.7	-1.62
Comprehensive Income & Other	1,079,592	1,013,338	995,332	942,060	948,267	950,736
Total Common Equity	10,864,691	10,954,036	10,472,882	9,525,999	8,994,191	6,753,904
Minority Interest	410,485	505,062	490,310	289,209	298,270	111,785
Shareholders' Equity	11,275,175	11,459,098	10,963,192	9,815,208	9,292,460	6,865,689
Total Liabilities & Equity	53,310,246	50,406,072	47,012,066	30,391,776	28,997,701	26,671,903
Total Debt	23,957,688	22,488,056	19,425,932	10,946,867	11,137,310	12,506,869
Net Cash (Debt)	-17,613,632	-17,067,114	-12,693,826	-4,769,455	-5,140,915	-8,379,337
Net Cash Per Share	-47690.59	-46210.84	-34369.74	-12913.75	-14271.54	-24535.87
Filing Date Shares Outstanding	369.33	369.33	368.22	368.22	368.22	347.82
Total Common Shares Outstanding	369.33	369.33	369.33	368.22	369.33	347.82
Working Capital	-5,842,866	-5,373,533	-6,228,045	-815,194	-384,920	-2,297,134
Book Value Per Share	29417.19	29659.10	28356.33	25870.36	24352.63	19417.77
Tangible Book Value	7,905,835	7,967,721	7,395,475	8,701,813	8,120,436	6,477,919
Tangible Book Value Per Share	21405.80	21573.37	20023.95	23632.06	21986.86	18624.30
Land	3,247,114	3,239,371	2,961,451	2,809,444	2,571,046	1,944,017
Buildings	1,510,408	1,477,709	1,490,416	1,172,433	1,181,598	1,156,072
Machinery	7,371,348	7,100,123	4,302,884	3,130,701	2,475,067	3,371,601
Construction In Progress	3,885,087	3,646,630	2,494,158	983,307	743,444	934,059