Korean Airlines Co.,Ltd. (KRX:003490)
South Korea · Delayed Price · Currency is KRW 26,100
-400 (-1.51%)
At close: Aug 13, 2026
Korean Airlines Cash Flow Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 616,750 | 779,674 | 1,317,262 | 1,061,165 | 1,728,363 | 577,684 |
Depreciation & Amortization | 2,877,172 | 2,855,164 | 1,796,030 | 1,722,896 | 1,649,736 | 1,695,365 |
Loss (Gain) From Sale of Assets | 30,390 | -50,954 | -110,204 | 13,452 | -158,501 | -33,022 |
Asset Writedown & Restructuring Costs | 2.14 | 2.14 | - | 10,390 | -252.06 | 275,439 |
Loss (Gain) From Sale of Investments | -18,306 | -18,202 | -11,611 | 12,545 | 121,082 | -143,049 |
Loss (Gain) on Equity Investments | -23,164 | -22,398 | - | - | -172.13 | 28.89 |
Provision & Write-off of Bad Debts | -421.01 | -551.6 | 387.12 | 371.88 | 263.34 | -116.15 |
Other Operating Activities | 1,407,864 | 1,178,470 | 1,155,536 | 302,575 | 1,213,127 | 1,094,114 |
Change in Accounts Receivable | -461,153 | 123,134 | -54,248 | 16,050 | 27,196 | -268,193 |
Change in Inventory | -84,042 | -173,487 | -99,316 | -117,623 | -124,333 | -37,659 |
Change in Accounts Payable | 145,055 | -14,643 | -64,697 | -17,468 | 119,354 | 52,236 |
Change in Unearned Revenue | 430,707 | 335,663 | 172,967 | -14,768 | -1,331 | 97,736 |
Change in Other Net Operating Assets | 325,339 | -916,680 | 456,810 | 1,102,878 | 997,888 | 203,632 |
Operating Cash Flow | 5,246,194 | 4,075,191 | 4,558,915 | 4,092,465 | 5,572,422 | 3,514,196 |
Operating Cash Flow Growth | 16.74% | -10.61% | 11.40% | -26.56% | 58.57% | 155.26% |
Investing Activities
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 |
Capital Expenditures | -4,355,694 | -4,289,140 | -2,894,100 | -1,908,520 | -761,763 | -342,965 |
Sale of Property, Plant & Equipment | 124,257 | 133,205 | 16,407 | 7,436 | 36,538 | 38,907 |
Cash Acquisitions | 411,346 | 411,346 | -21,632 | - | -509,228 | 6,821 |
Divestitures | 23.51 | 23.51 | - | - | - | - |
Sale (Purchase) of Intangibles | -6,954 | -6,579 | -12,243 | -8,395 | -1,555 | -5,197 |
Investment in Securities | 672,384 | 775,928 | 1,487,266 | -615,878 | -1,994,612 | -2,413,409 |
Other Investing Activities | 340,703 | 576,431 | 529,885 | 113,282 | 205,678 | 191,257 |
Investing Cash Flow | -2,749,842 | -2,340,229 | -870,653 | -2,409,934 | -2,975,899 | -2,444,827 |
Financing Activities
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 |
Short-Term Debt Issued | - | - | 37,202 | 107,223 | - | - |
Long-Term Debt Issued | - | 4,082,005 | 2,215,435 | 1,450,770 | 2,696,252 | 1,313,843 |
Total Debt Issued | 2,990,567 | 4,082,005 | 2,252,637 | 1,557,993 | 2,696,252 | 1,313,843 |
Short-Term Debt Repaid | - | -488,448 | - | - | -220,639 | -215,605 |
Long-Term Debt Repaid | - | -4,816,423 | -3,593,408 | -2,759,432 | -4,753,064 | -4,043,415 |
Total Debt Repaid | -4,029,308 | -5,304,871 | -3,593,408 | -2,759,432 | -4,973,703 | -4,259,020 |
Net Debt Issued (Repaid) | -1,038,741 | -1,222,866 | -1,340,771 | -1,201,439 | -2,277,450 | -2,945,177 |
Issuance of Common Stock | - | - | - | - | - | 2,553,586 |
Common Dividends Paid | -291,568 | -289,168 | -278,229 | -282,064 | -4,560 | -18,177 |
Other Financing Activities | -575,449 | -624,749 | -543,529 | -601,742 | -416,018 | -801,450 |
Financing Cash Flow | -1,905,758 | -2,136,783 | -2,162,530 | -2,085,246 | -2,698,028 | -1,211,218 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 29,695 | 56,517 | 67,105 | -31,398 | -30,224 | 13,062 |
Miscellaneous Cash Flow Adjustments | -332.51 | -332.51 | - | - | 3,255 | -402.6 |
Net Cash Flow | 619,956 | -345,636 | 1,592,837 | -434,113 | -128,475 | -129,191 |
Free Cash Flow
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 |
Free Cash Flow | 890,500 | -213,949 | 1,664,815 | 2,183,944 | 4,810,659 | 3,171,231 |
Free Cash Flow Growth | -37.96% | - | -23.77% | -54.60% | 51.70% | 314.18% |
Free Cash Flow Margin | 3.51% | -0.85% | 9.32% | 13.55% | 34.13% | 35.17% |
Free Cash Flow Per Share | 2411.11 | -579.29 | 4507.65 | 5913.24 | 13354.73 | 9285.81 |
Levered Free Cash Flow | -864,460 | -1,829,291 | 2,340,784 | 1,120,263 | 4,061,929 | 2,561,601 |
Unlevered Free Cash Flow | -356,937 | -1,324,990 | 2,662,134 | 1,452,397 | 4,312,522 | 2,805,935 |
Additional Metrics
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 Interest Paid | 775,987 | 828,056 | 545,257 | 542,406 | 397,792 | 410,992 |
Cash Income Tax Paid | 506,027 | 536,582 | 371,614 | 947,653 | 380,677 | 14,661 |
Change in Working Capital | 355,906 | -646,012 | 411,516 | 969,069 | 1,018,776 | 47,752 |