KLM Royal Dutch Airlines Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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 & Equivalents	685	1,057	1,603	1,533	819
Short-Term Investments	356	125	158	115	32
Trading Asset Securities	50	76	97	75	129
Cash & Short-Term Investments	1,091	1,258	1,858	1,723	980
Cash Growth	-13.28%	-32.29%	7.83%	75.82%	25.96%
Accounts Receivable	809	793	933	741	611
Other Receivables	153	221	144	222	302
Receivables	962	1,014	1,077	963	913
Inventory	352	335	332	255	220
Prepaid Expenses	197	224	231	242	181
Other Current Assets	171	266	204	181	231
Total Current Assets	2,773	3,097	3,702	3,364	2,525
Property, Plant & Equipment	8,015	6,960	6,247	6,082	6,220
Long-Term Investments	852	1,000	903	811	574
Goodwill	11	16	16	16	16
Other Intangible Assets	500	480	459	432	496
Long-Term Deferred Tax Assets	233	266	287	450	122
Other Long-Term Assets	1,471	1,206	949	748	672
Total Assets	13,855	13,025	12,563	11,903	10,625
Accounts Payable	1,103	1,152	1,244	1,162	876
Accrued Expenses	1,167	1,177	1,205	1,126	736
Current Portion of Long-Term Debt	17	295	197	184	191
Current Portion of Leases	631	629	508	519	443
Current Income Taxes Payable	7	-	-	39	-
Current Unearned Revenue	1,758	1,772	1,560	1,536	1,081
Other Current Liabilities	895	947	999	701	555
Total Current Liabilities	5,578	5,972	5,713	5,267	3,882
Long-Term Debt	886	720	631	816	1,842
Long-Term Leases	3,687	2,871	2,734	2,558	2,184
Long-Term Unearned Revenue	-	-	224	235	259
Pension & Post-Retirement Benefits	242	239	231	228	372
Long-Term Deferred Tax Liabilities	-	3	-	-	-
Other Long-Term Liabilities	2,266	2,303	2,233	2,663	2,781
Total Liabilities	12,659	12,108	11,766	11,767	11,320
Common Stock	125	125	125	125	94
Additional Paid-In Capital	474	474	474	474	474
Retained Earnings	566	300	231	-490	-1,235
Comprehensive Income & Other	26	14	-38	23	-31
Total Common Equity	1,191	913	792	132	-698
Minority Interest	5	4	5	4	3
Shareholders' Equity	1,196	917	797	136	-695
Total Liabilities & Equity	13,855	13,025	12,563	11,903	10,625
Total Debt	5,221	4,515	4,070	4,077	4,660
Net Cash (Debt)	-4,130	-3,257	-2,212	-2,354	-3,680
Net Cash Per Share	-88.44	-69.39	-47.25	-50.29	-78.62
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	-2,805	-2,875	-2,011	-1,903	-1,357
Book Value Per Share	25.44	19.50	16.92	2.82	-14.91
Tangible Book Value	680	417	317	-316	-1,210
Tangible Book Value Per Share	14.53	8.91	6.77	-6.75	-25.85
Land	817	766	742	774	760
Machinery	9,625	9,135	8,395	8,030	7,780

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