Deutsche Lufthansa AG Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,643	1,380	1,673	791	-2,191	-6,725
Depreciation & Amortization	2,375	2,335	2,199	2,304	2,238	2,545
Other Amortization	6	6	9	30	15	21
Loss (Gain) From Sale of Assets	-90	-182	176	22	33	30
Asset Writedown & Restructuring Costs	16	15	63	121	26	1,808
Loss (Gain) From Sale of Investments	-	-	-	-35	-3	-21
Loss (Gain) on Equity Investments	-301	-189	-223	1	-2	264
Provision & Write-off of Bad Debts	53	53	73	45	9	19
Other Operating Activities	297	-2	430	-207	-592	-1,120
Change in Other Net Operating Assets	529	476	505	2,096	866	851
Operating Cash Flow	4,528	3,892	4,905	5,168	399	-2,328
Operating Cash Flow Growth	16.46%	-20.65%	-5.09%	1195.24%	-	-
Capital Expenditures	-3,810	-3,898	-4,010	-2,508	-1,318	-1,249
Sale of Property, Plant & Equipment	935	878	1,029	154	211	442
Divestitures	9	376	-14	-4	2	-218
Investment in Securities	-941	-89	-219	-1,190	-1,724	-1,440
Other Investing Activities	473	408	273	107	24	123
Investing Cash Flow	-3,334	-2,325	-2,941	-3,441	-2,805	-2,342
Long-Term Debt Issued	-	2,225	230	786	6,144	6,738
Long-Term Debt Repaid	-	-2,745	-1,767	-2,664	-5,070	-1,724
Net Debt Issued (Repaid)	-19	-520	-1,537	-1,878	1,074	5,014
Issuance of Common Stock	-	-	-	-	3,309	306
Repurchase of Common Stock	-	-	-	-	-1,218	-
Common Dividends Paid	-359	-359	-	-	-19	-
Other Financing Activities	-859	-571	-535	-388	-272	-244
Financing Cash Flow	-1,237	-1,450	-2,072	-2,266	2,874	5,076
Foreign Exchange Rate Adjustments	-8	5	-8	18	33	-33
Net Cash Flow	-51	122	-116	-521	501	373
Free Cash Flow	718	-6	895	2,660	-919	-3,577
Free Cash Flow Growth	2559.26%	-	-66.35%	-	-	-
Free Cash Flow Margin	1.82%	-0.02%	2.52%	8.60%	-5.46%	-26.26%
Free Cash Flow Per Share	0.60	-0.01	0.75	2.23	-1.24	-6.65
Cash Interest Paid	854	558	509	379	272	223
Cash Income Tax Paid	-	181	92	288	101	-81
Levered Free Cash Flow	-1,225	-1,293	-498.38	1,980	-40.88	-1,683
Unlevered Free Cash Flow	-929.5	-983	-175.88	2,226	182.25	-1,483
Change in Working Capital	529	476	505	2,096	866	851

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.