KLM Royal Dutch Airlines Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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
Revenue	12,681	12,050	10,679	6,065	5,120
Revenue Growth (YoY)	5.24%	12.84%	76.08%	18.46%	-53.77%
Cost of Revenue	11,770	10,828	9,259	6,468	5,306
Gross Profit	911	1,222	1,420	-403	-186
Other Operating Expenses	-484	-301	-184	-146	-78
Operating Expenses	515	615	737	761	955
Operating Income	396	607	683	-1,164	-1,141
Interest Expense	-201	-207	-178	-219	-164
Interest & Investment Income	83	82	30	14	16
Earnings From Equity Investments	8	5	-	3	3
Currency Exchange Gain (Loss)	12	58	63	57	36
Other Non Operating Income (Expenses)	-187	-77	-142	-176	66
EBT Excluding Unusual Items	111	468	456	-1,485	-1,184
Merger & Restructuring Charges	-9	-6	-6	-4	-228
Gain (Loss) on Sale of Investments	-1	1	-3	-2	-5
Gain (Loss) on Sale of Assets	-	489	-	-	-
Asset Writedown	-	-	-8	-	-25
Legal Settlements	-	-	-	-22	-
Other Unusual Items	-	-	-	-	-240
Pretax Income	101	952	439	-1,513	-1,682
Income Tax Expense	31	238	-305	-255	-136
Earnings From Continuing Operations	70	714	744	-1,258	-1,546
Minority Interest in Earnings	-1	-1	-1	-1	-1
Net Income	69	713	743	-1,259	-1,547
Net Income to Common	69	713	743	-1,259	-1,547
Net Income Growth	-90.32%	-4.04%	-	-	-
Shares Outstanding (Basic)	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47
Shares Change (YoY)	0.26%	0.01%	-	-	-
EPS (Basic)	1.47	15.23	15.87	-26.90	-33.05
EPS (Diluted)	1.47	15.23	15.87	-26.90	-33.05
EPS Growth	-90.35%	-4.03%	-	-	-
Free Cash Flow	-281	286	1,849	819	-949
Free Cash Flow Per Share	-5.99	6.11	39.50	17.50	-20.27
Dividend Per Share	0.307	-	-	-	-
Gross Margin	7.18%	10.14%	13.30%	-6.64%	-3.63%
Operating Margin	3.12%	5.04%	6.40%	-19.19%	-22.29%
Profit Margin	0.54%	5.92%	6.96%	-20.76%	-30.21%
Free Cash Flow Margin	-2.22%	2.37%	17.31%	13.50%	-18.54%
EBITDA	957	1,135	1,201	-686	-652
EBITDA Margin	7.55%	9.42%	11.25%	-11.31%	-12.73%
D&A For EBITDA	561	528	518	478	489
EBIT	396	607	683	-1,164	-1,141
EBIT Margin	3.12%	5.04%	6.40%	-19.19%	-22.29%
Effective Tax Rate	30.69%	25.00%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.