KLM Royal Dutch Airlines (KLMR)

KLM Royal Dutch Airlines Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,057	1,603	1,533	819	482
Short-Term Investments	125	158	115	32	181
Trading Asset Securities	76	97	75	129	115
Cash & Short-Term Investments	1,258	1,858	1,723	980	778
Cash Growth	-32.29%	7.83%	75.82%	25.96%	-9.32%
Accounts Receivable	793	933	741	611	502
Other Receivables	221	144	222	302	265
Receivables	1,014	1,077	963	913	767
Inventory	335	332	255	220	180
Prepaid Expenses	224	231	242	181	135
Other Current Assets	266	204	181	231	77
Total Current Assets	3,097	3,702	3,364	2,525	1,937
Property, Plant & Equipment	6,960	6,247	6,082	6,220	6,408
Long-Term Investments	1,000	903	811	574	406
Goodwill	16	16	16	16	10
Other Intangible Assets	480	459	432	496	465
Long-Term Deferred Tax Assets	266	287	450	122	77
Other Long-Term Assets	1,206	949	748	672	1,144
Total Assets	13,025	12,563	11,903	10,625	10,447
Accounts Payable	1,152	1,244	1,162	876	643
Accrued Expenses	1,064	1,205	1,126	736	257
Current Portion of Long-Term Debt	295	197	184	191	200
Current Portion of Leases	629	508	519	443	560
Current Income Taxes Payable	-	-	39	-	224
Current Unearned Revenue	1,772	1,560	1,536	1,081	998
Other Current Liabilities	1,060	999	701	555	918
Total Current Liabilities	5,972	5,713	5,267	3,882	3,800
Long-Term Debt	720	631	816	1,842	1,941
Long-Term Leases	2,871	2,734	2,558	2,184	2,001
Long-Term Unearned Revenue	-	224	235	259	258
Long-Term Deferred Tax Liabilities	3	-	-	-	-
Other Long-Term Liabilities	2,303	2,233	2,663	2,781	2,133
Total Liabilities	12,108	11,766	11,767	11,320	10,562
Common Stock	125	125	125	94	94
Additional Paid-In Capital	474	474	474	474	474
Retained Earnings	300	231	-490	-1,235	229
Comprehensive Income & Other	14	-38	23	-31	-914
Total Common Equity	913	792	132	-698	-117
Minority Interest	4	5	4	3	2
Shareholders' Equity	917	797	136	-695	-115
Total Liabilities & Equity	13,025	12,563	11,903	10,625	10,447
Total Debt	4,515	4,070	4,077	4,660	4,702
Net Cash (Debt)	-3,257	-2,212	-2,354	-3,680	-3,924
Net Cash Per Share	-69.39	-47.25	-50.29	-78.62	-83.83
Filing Date Shares Outstanding	46.81	46.81	46.81	46.81	46.81
Total Common Shares Outstanding	46.81	46.81	46.81	46.81	46.81
Working Capital	-2,875	-2,011	-1,903	-1,357	-1,863
Book Value Per Share	19.50	16.92	2.82	-14.91	-2.50
Tangible Book Value	417	317	-316	-1,210	-592
Tangible Book Value Per Share	8.91	6.77	-6.75	-25.85	-12.65
Land	766	742	774	760	751
Machinery	9,135	8,395	8,030	7,780	7,735

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