LATAM Airlines Group Cash Flow Statement

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
Net Income	1,248	976.97	581.83	1,339	-4,647	-4,546
Depreciation & Amortization	1,319	1,111	939.04	965.22	988.78	1,145
Other Amortization	88.1	72.56	59.3	54.36	45.38	162.47
Other Operating Activities	865.45	945.7	683.39	-2,262	3,439	2,744
Operating Cash Flow	3,520	3,106	2,264	96.8	-174.24	-494.7
Operating Cash Flow Growth	24.79%	37.23%	2238.47%	-	-	-
Capital Expenditures	-1,823	-1,325	-795.79	-780.54	-597.1	-324.26
Sale of Property, Plant & Equipment	46.9	97.3	46.52	56.38	105	75.57
Divestitures	-	-	-	-	0.75	-
Sale (Purchase) of Intangibles	-110.13	-94.41	-68.05	-50.12	-88.52	-75.43
Investment in Securities	-	-	-	0.09	-0.17	323.07
Other Investing Activities	179.32	152.91	157.81	25.23	27.53	34.67
Investing Cash Flow	-1,707	-1,170	-659.51	-748.96	-552.51	33.61
Short-Term Debt Issued	-	-	-	4,856	661.61	560.3
Long-Term Debt Issued	-	1,750	-	3,132	130.1	1,798
Total Debt Issued	2,985	1,750	-	7,988	791.71	2,359
Short-Term Debt Repaid	-	-	-	-1,008	-	-
Long-Term Debt Repaid	-	-2,349	-567.36	-8,891	-566.41	-915.77
Total Debt Repaid	-3,133	-2,349	-567.36	-9,900	-566.41	-915.77
Net Debt Issued (Repaid)	-147.83	-598.52	-567.36	-1,911	225.3	1,443
Issuance of Common Stock	-	-	-	3,752	-	-
Common Dividends Paid	-293.38	-174.84	-	-	-	-
Other Financing Activities	-796.13	-791.5	-582.85	-985.48	-115.66	-322
Financing Cash Flow	-1,822	-1,565	-1,150	854.96	109.64	1,121
Foreign Exchange Rate Adjustments	15.67	-128.77	44.24	-32.96	-31.9	-36.48
Net Cash Flow	5.82	243.03	498.09	169.84	-649.01	623.26
Free Cash Flow	1,696	1,781	1,468	-683.74	-771.34	-818.96
Free Cash Flow Growth	1.33%	21.33%	-	-	-	-
Free Cash Flow Margin	12.36%	13.88%	12.61%	-7.30%	-15.79%	-20.87%
Free Cash Flow Per Share	0.00	0.00	0.00	-0.01	-1.27	-1.35
Cash Interest Paid	648.5	717.63	594.23	521.72	104.62	210.42
Cash Income Tax Paid	89.96	43.44	18.38	14.31	9.44	65.69
Levered Free Cash Flow	1,169	1,328	1,010	-4,120	1,849	-87.76
Unlevered Free Cash Flow	1,622	1,841	1,437	-3,550	2,316	243.88

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