LATAM Airlines Group Balance Sheet

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

Millions USD. 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
Cash & Equivalents	2,016	1,958	1,715	1,217	1,047	1,696
Short-Term Investments	-	-	-	-	1.64	0.37
Trading Asset Securities	-	4.68	-	8.82	-	-
Cash & Short-Term Investments	2,016	1,962	1,715	1,225	1,048	1,696
Cash Growth	0.29%	14.45%	39.92%	16.88%	-38.19%	14.12%
Accounts Receivable	1,402	1,077	1,121	904.92	684.77	410.07
Other Receivables	233.34	210.75	375.86	239.54	266.2	301.03
Receivables	1,636	1,288	1,497	1,144	950.97	711.1
Inventory	451.36	438.53	592.88	477.79	287.34	323.57
Other Current Assets	334.58	211.67	398.82	688.69	327.45	412.65
Total Current Assets	4,438	3,900	4,203	3,536	2,614	3,144
Property, Plant & Equipment	11,239	10,187	9,091	8,412	9,490	10,730
Long-Term Investments	0.49	0.49	0.49	0.51	0.49	0.49
Other Intangible Assets	1,136	1,000	1,152	1,080	1,019	1,047
Long-Term Deferred Tax Assets	5.58	10.55	4.78	5.92	15.29	564.82
Other Long-Term Assets	166.15	155.04	215.56	176.13	152.76	164.42
Total Assets	16,985	15,253	14,667	13,211	13,292	15,650
Accounts Payable	7.23	12.88	7.44	123.76	331.09	282.26
Accrued Expenses	2,465	2,031	1,744	1,401	2,742	1,832
Short-Term Debt	-	-	-	-	159.16	151.7
Current Portion of Long-Term Debt	188.71	104.02	185.22	472.82	4,175	1,323
Current Portion of Leases	599.4	531.19	410.84	330.02	778.63	1,581
Current Income Taxes Payable	80.07	6.28	2.37	1.03	0.68	0.66
Current Unearned Revenue	3,532	3,118	3,045	2,533	2,273	2,037
Other Current Liabilities	480.74	487.64	294.06	226.7	1,856	284.15
Total Current Liabilities	7,353	6,291	5,688	5,089	12,315	7,492
Long-Term Debt	3,337	2,884	2,883	3,004	2,578	5,045
Long-Term Leases	3,483	3,631	3,459	2,975	3,371	3,155
Long-Term Unearned Revenue	26.11	140.24	348.94	420.21	512.06	702.01
Pension & Post-Retirement Benefits	177.65	167.43	122.62	93.49	56.23	74.12
Long-Term Deferred Tax Liabilities	344.73	312.68	382.36	344.63	341.01	384.28
Other Long-Term Liabilities	1,169	1,116	1,345	1,254	1,185	1,240
Total Liabilities	15,891	14,542	14,229	13,180	20,358	18,092
Common Stock	5,004	5,004	5,004	13,298	3,146	3,161
Retained Earnings	1,831	1,148	464.41	-7,502	-8,841	-4,194
Treasury Stock	-585.42	-	-	-0.18	-0.18	-0.18
Comprehensive Income & Other	-5,147	-5,429	-5,018	-5,754	-1,362	-1,403
Total Common Equity	1,103	723.27	450.3	42.28	-7,057	-2,436
Minority Interest	-8.44	-11.94	-12.03	-11.56	-10.36	-6.67
Shareholders' Equity	1,094	711.33	438.28	30.72	-7,067	-2,442
Total Liabilities & Equity	16,985	15,253	14,667	13,211	13,292	15,650
Total Debt	7,608	7,150	6,938	6,782	11,061	11,256
Net Cash (Debt)	-5,592	-5,188	-5,223	-5,556	-10,013	-9,560
Net Cash Per Share	-0.01	-0.01	-0.01	-0.06	-16.51	-15.76
Filing Date Shares Outstanding	574,216	604,438	604,438	605,232	606.41	606.41
Total Common Shares Outstanding	574,216	604,438	604,438	605,232	606.41	606.41
Working Capital	-2,915	-2,390	-1,485	-1,552	-9,701	-4,348
Book Value Per Share	0.00	0.00	0.00	0.00	-11.64	-4.02
Tangible Book Value	-33.17	-276.9	-701.68	-1,038	-8,075	-3,482
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-13.32	-5.74
Land	40.44	39.82	44.24	44.35	43.28	42.98
Buildings	125.43	120.74	129.04	124.51	121.97	123.84
Machinery	13,520	12,133	11,167	11,523	11,394	13,362
Construction In Progress	573.21	479.87	258.25	388.81	473.8	377.96
Leasehold Improvements	261.33	236.51	266.63	202.75	248.73	201.83

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