International Consolidated Airlines Group S.A. (ICAGY)

ICAGY Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7,723	8,189	5,441	9,196	7,892	5,774
Short-Term Investments	1,625	1,610	1,365	370	16	105
Cash & Short-Term Investments	9,348	9,799	6,806	9,566	7,908	5,879
Cash Growth	-3.61%	43.98%	-28.85%	20.97%	34.51%	-11.49%
Accounts Receivable	1,774	2,285	2,054	1,561	735	557
Other Receivables	188	846	488	428	212	297
Receivables	1,962	3,131	2,542	1,989	947	854
Inventory	630	617	494	353	334	351
Prepaid Expenses	-	887	750	639	764	596
Restricted Cash	-	29	31	33	35	38
Other Current Assets	2,492	723	328	664	563	122
Total Current Assets	14,432	15,186	10,951	13,244	10,551	7,840
Property, Plant & Equipment	21,333	21,132	19,776	18,346	17,161	17,531
Long-Term Investments	284	234	235	98	71	58
Goodwill	-	349	347	346	347	344
Other Intangible Assets	3,681	3,293	2,985	3,210	2,892	2,864
Long-Term Deferred Tax Assets	804	754	1,202	1,282	1,282	1,075
Other Long-Term Assets	3,457	2,856	2,184	2,777	2,102	604
Total Assets	43,991	43,804	37,680	39,303	34,406	30,316
Accounts Payable	6,316	3,350	3,177	2,969	2,068	1,609
Accrued Expenses	-	1,212	945	893	746	522
Short-Term Debt	2,924	-	-	-	73	426
Current Portion of Long-Term Debt	-	1,998	1,151	1,077	932	229
Current Portion of Leases	-	1,477	1,826	1,766	1,521	1,560
Current Income Taxes Payable	17	11	2	8	21	48
Current Unearned Revenue	10,102	8,524	7,990	7,421	6,161	4,657
Other Current Liabilities	1,792	2,789	2,614	2,527	1,756	2,465
Total Current Liabilities	21,151	19,361	17,705	16,661	13,278	11,516
Long-Term Debt	11,883	6,701	5,964	9,288	8,968	5,000
Long-Term Leases	-	7,169	7,141	7,853	8,116	8,464
Long-Term Unearned Revenue	164	203	257	326	391	473
Long-Term Deferred Tax Liabilities	361	254	4	-	-	40
Other Long-Term Liabilities	4,353	3,805	3,156	2,936	2,522	2,736
Total Liabilities	38,032	37,628	34,402	37,281	33,560	28,706
Common Stock	497	497	497	497	497	497
Additional Paid-In Capital	7,770	7,770	7,770	7,770	7,770	7,770
Retained Earnings	-	-122	-2,899	-4,506	-5,730	-4,203
Treasury Stock	-980	-287	-100	-28	-24	-40
Comprehensive Income & Other	-1,334	-1,688	-1,996	-1,717	-1,673	-2,420
Total Common Equity	5,953	6,170	3,272	2,016	840	1,604
Minority Interest	6	6	6	6	6	6
Shareholders' Equity	5,959	6,176	3,278	2,022	846	1,610
Total Liabilities & Equity	43,991	43,804	37,680	39,303	34,406	30,316
Total Debt	14,807	17,345	16,082	19,984	19,610	15,679
Net Cash (Debt)	-5,459	-7,546	-9,276	-10,418	-11,702	-9,800
Net Cash Per Share	-1.07	-1.43	-1.76	-1.95	-2.36	-2.78
Filing Date Shares Outstanding	4,710	4,854	4,916	4,954	4,961	4,966
Total Common Shares Outstanding	4,710	4,854	4,916	4,954	4,961	4,966
Working Capital	-6,719	-4,175	-6,754	-3,417	-2,727	-3,676
Book Value Per Share	1.26	1.27	0.67	0.41	0.17	0.32
Tangible Book Value	2,272	2,528	-60	-1,540	-2,399	-1,604
Tangible Book Value Per Share	0.48	0.52	-0.01	-0.31	-0.48	-0.32
Machinery	-	19,889	16,475	15,303	13,154	14,330
Construction In Progress	-	1,545	1,436	-	-	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.