Croatia Airlines d.d. (ZSE:CRAL)

Croatia Airlines d.d. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	22.15	12.72	45.64	79.91	77.02	42.14
Short-Term Investments	0	1.22	1.11	3.65	1.99	8.34
Cash & Short-Term Investments	22.15	13.94	46.75	83.56	79.01	50.47
Cash Growth	-26.36%	-70.18%	-44.05%	5.76%	56.53%	-39.23%
Accounts Receivable	27.53	14.51	14.08	15.37	11.92	6.63
Other Receivables	14.29	8.82	6.43	2.84	6	2.39
Receivables	45.82	23.34	20.52	18.22	17.92	9.01
Inventory	12.93	12	11.62	9.6	8.75	7.99
Prepaid Expenses	-	2.13	1.02	1.14	1.78	-
Other Current Assets	-	1.72	1.26	1.37	0.69	2.26
Total Current Assets	80.9	53.12	81.16	113.89	108.15	69.73
Property, Plant & Equipment	265.1	239.91	125.44	54.91	70.7	86.75
Long-Term Investments	0.03	0.03	0.03	0.03	0.2	0.18
Other Intangible Assets	1.85	1.66	1.49	0.78	0.42	0.33
Other Long-Term Assets	84.96	70.96	66.18	58.57	41.31	31.33
Total Assets	446.65	365.67	274.3	228.17	220.77	188.32

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	28.05	22.93	15.3	17.67	12.84	11.06
Accrued Expenses	17.81	21.28	19.07	10.55	15.16	4.42
Current Portion of Long-Term Debt	23.48	0	0	-	2.95	1.7
Current Portion of Leases	-	18.86	18.78	12.66	11.32	11.09
Current Income Taxes Payable	2.52	0.07	0.04	0.01	-	0
Current Unearned Revenue	-	20.79	21.17	22.18	22.54	-
Other Current Liabilities	45.64	2.27	2.58	2.47	2.01	27.54
Total Current Liabilities	117.5	86.21	76.93	65.54	66.82	55.81
Long-Term Debt	227.46	42.84	82.61	81.65	80.89	70.87
Long-Term Leases	-	175.19	66.27	25.85	28.99	38.13
Pension & Post-Retirement Benefits	0.31	0.31	0.33	0.28	0.3	-
Long-Term Deferred Tax Liabilities	1.48	1.48	1.45	-	-	-
Other Long-Term Liabilities	64.32	52.13	44.41	39.68	31.5	32.72
Total Liabilities	411.07	358.16	271.99	213	208.5	197.53

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	213.27	92.39	92.39	92.39	83.33	83.55
Retained Earnings	-178.57	-135.5	-97.5	-78.11	-110.7	-92.91
Comprehensive Income & Other	0.88	50.62	7.43	0.89	39.64	0.16
Shareholders' Equity	35.58	7.51	2.32	15.17	12.28	-9.21
Total Liabilities & Equity	446.65	365.67	274.3	228.17	220.77	188.32

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	250.94	236.9	167.65	120.17	124.16	121.79
Net Cash (Debt)	-228.79	-222.96	-120.9	-36.61	-45.15	-71.32
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.07	-2.41	-1.31	-0.40	-0.72	-1.14
Filing Date Shares Outstanding	213.27	92.39	92.39	92.39	62.8	62.8
Total Common Shares Outstanding	213.27	92.39	92.39	92.39	62.8	62.8
Working Capital	-36.59	-33.08	4.23	48.35	41.33	13.92
Book Value Per Share	0.17	0.08	0.03	0.16	0.20	-0.15
Tangible Book Value	33.73	5.85	0.82	14.39	11.86	-9.54
Tangible Book Value Per Share	0.16	0.06	0.01	0.16	0.19	-0.15
Land	-	9.89	9.81	9.62	9.62	-
Machinery	-	7.28	29.81	8.55	168.79	-
Construction In Progress	-	6.28	1	2.37	0.03	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 14, 2026

Data Sources Report a data error