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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,541	2,150	1,958	1,715	1,217	1,047
Short-Term Investments	-	-	-	-	-	1.64
Trading Asset Securities	-	-	4.68	-	8.82	-
Cash & Short-Term Investments	2,541	2,150	1,962	1,715	1,225	1,048
Cash Growth	18.25%	9.56%	14.45%	39.92%	16.88%	-38.19%
Accounts Receivable	1,414	1,315	1,077	1,121	904.92	684.77
Other Receivables	245.85	230.28	210.75	375.86	239.54	266.2
Receivables	1,660	1,545	1,288	1,497	1,144	950.97
Inventory	524	458.57	438.53	592.88	477.79	287.34
Other Current Assets	327.02	229.35	211.67	398.82	688.69	327.45
Total Current Assets	5,051	4,383	3,900	4,203	3,536	2,614
Property, Plant & Equipment	12,287	11,947	10,187	9,091	8,412	9,490
Long-Term Investments	0.49	0.49	0.49	0.49	0.51	0.49
Other Intangible Assets	1,191	1,130	1,000	1,152	1,080	1,019
Long-Term Deferred Tax Assets	21.35	21.1	10.55	4.78	5.92	15.29
Other Long-Term Assets	158.54	159.11	155.04	215.56	176.13	152.76
Total Assets	18,709	17,641	15,253	14,667	13,211	13,292
Accounts Payable	6.54	7.71	12.88	7.44	123.76	331.09
Accrued Expenses	2,544	2,561	2,031	1,744	1,401	2,742
Short-Term Debt	-	-	-	-	-	159.16
Current Portion of Long-Term Debt	193.55	174.44	104.02	185.22	472.82	4,175
Current Portion of Leases	664.28	570.86	531.19	410.84	330.02	778.63
Current Income Taxes Payable	65.2	31.95	6.28	2.37	1.03	0.68
Current Unearned Revenue	3,573	3,580	3,118	3,045	2,533	2,273
Other Current Liabilities	473.5	367.87	487.64	294.06	226.7	1,856
Total Current Liabilities	7,520	7,294	6,291	5,688	5,089	12,315
Long-Term Debt	3,513	3,432	2,884	2,883	3,004	2,578
Long-Term Leases	4,028	3,911	3,631	3,459	2,975	3,371
Long-Term Unearned Revenue	-	-	140.24	348.94	420.21	512.06
Pension & Post-Retirement Benefits	178.95	181.58	167.43	122.62	93.49	56.23
Long-Term Deferred Tax Liabilities	352.72	338.67	312.68	382.36	344.63	341.01
Other Long-Term Liabilities	1,189	1,146	1,116	1,345	1,254	1,185
Total Liabilities	16,782	16,304	14,542	14,229	13,180	20,358
Common Stock	4,418	4,418	5,004	5,004	13,298	3,146
Retained Earnings	2,573	2,170	1,148	464.41	-7,502	-8,841
Treasury Stock	-	-	-	-	-0.18	-0.18
Comprehensive Income & Other	-5,057	-5,243	-5,429	-5,018	-5,754	-1,362
Total Common Equity	1,934	1,346	723.27	450.3	42.28	-7,057
Minority Interest	-7.76	-8.39	-11.94	-12.03	-11.56	-10.36
Shareholders' Equity	1,927	1,337	711.33	438.28	30.72	-7,067
Total Liabilities & Equity	18,709	17,641	15,253	14,667	13,211	13,292
Total Debt	8,400	8,089	7,150	6,938	6,782	11,061
Net Cash (Debt)	-5,859	-5,938	-5,188	-5,223	-5,556	-10,013
Net Cash Per Share	-0.01	-0.01	-0.01	-0.01	-0.06	-16.51
Filing Date Shares Outstanding	574,216	574,216	604,438	604,438	605,232	606.41
Total Common Shares Outstanding	574,216	574,216	604,438	604,438	605,232	606.41
Working Capital	-2,468	-2,911	-2,390	-1,485	-1,552	-9,701
Book Value Per Share	0.00	0.00	0.00	0.00	0.00	-11.64
Tangible Book Value	743.94	215.63	-276.9	-701.68	-1,038	-8,075
Tangible Book Value Per Share	0.00	0.00	-0.00	-0.00	-0.00	-13.32
Land	40.71	39.78	39.82	44.24	44.35	43.28
Buildings	126.21	124.3	120.74	129.04	124.51	121.97
Machinery	14,117	13,796	12,133	11,167	11,523	11,394
Construction In Progress	724.18	682.77	479.87	258.25	388.81	473.8
Leasehold Improvements	269.31	255.49	236.51	266.63	202.75	248.73

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