LATAM Airlines Group S.A. (LTM)

LATAM Airlines Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,010	1,715	1,217	1,047	1,696	1,073
Short-Term Investments	-	-	-	1.64	0.37	386.69
Trading Asset Securities	-	-	8.82	-	-	27.04
Cash & Short-Term Investments	2,010	1,715	1,225	1,048	1,696	1,486
Cash Growth	23.25%	39.92%	16.88%	-38.19%	14.12%	4.31%
Accounts Receivable	1,178	1,121	904.92	684.77	410.07	992.84
Other Receivables	192.68	375.86	239.54	266.2	301.03	491.79
Receivables	1,370	1,497	1,144	950.97	711.1	1,485
Inventory	479.83	592.88	477.79	287.34	323.57	354.23
Other Current Assets	340.69	398.82	688.69	327.45	412.65	693.06
Total Current Assets	4,201	4,203	3,536	2,614	3,144	4,018
Property, Plant & Equipment	9,764	9,091	8,412	9,490	10,730	12,920
Long-Term Investments	0.49	0.49	0.51	0.49	0.49	3.17
Goodwill	-	-	-	-	-	2,210
Other Intangible Assets	1,086	1,152	1,080	1,019	1,047	1,448
Long-Term Deferred Tax Assets	6.44	4.78	5.92	15.29	564.82	235.58
Other Long-Term Assets	166.45	215.56	176.13	152.76	164.42	253.39
Total Assets	15,225	14,667	13,211	13,292	15,650	21,088
Accounts Payable	18.17	133.75	123.76	331.09	282.26	146.03
Accrued Expenses	2,014	1,617	1,401	2,742	1,832	2,022
Short-Term Debt	-	-	-	159.16	151.7	341.48
Current Portion of Long-Term Debt	201.46	185.22	472.82	4,175	1,323	535.91
Current Portion of Leases	487.2	410.84	330.02	778.63	1,581	1,008
Current Income Taxes Payable	4.13	2.37	1.03	0.68	0.66	11.93
Current Unearned Revenue	3,101	3,045	2,533	2,273	2,037	2,689
Other Current Liabilities	378.85	294.06	226.7	1,856	284.15	205.85
Total Current Liabilities	6,205	5,688	5,089	12,315	7,492	6,961
Long-Term Debt	2,838	2,883	3,004	2,578	5,045	4,636
Long-Term Leases	3,588	3,459	2,975	3,371	3,155	3,895
Long-Term Unearned Revenue	197.54	348.94	420.21	512.06	702.01	851.38
Long-Term Deferred Tax Liabilities	342.82	382.36	344.63	341.01	384.28	616.8
Other Long-Term Liabilities	1,176	1,345	1,254	1,185	1,240	905.51
Total Liabilities	14,510	14,229	13,180	20,358	18,092	17,959
Common Stock	5,004	5,004	13,298	3,146	3,161	3,161
Retained Earnings	957.93	464.41	-7,502	-8,841	-4,194	352.27
Treasury Stock	-	-	-0.18	-0.18	-0.18	-0.18
Comprehensive Income & Other	-5,237	-5,018	-5,754	-1,362	-1,403	-382.03
Total Common Equity	724.48	450.3	42.28	-7,057	-2,436	3,131
Minority Interest	-9.68	-12.03	-11.56	-10.36	-6.67	-1.61
Shareholders' Equity	714.8	438.28	30.72	-7,067	-2,442	3,129
Total Liabilities & Equity	15,225	14,667	13,211	13,292	15,650	21,088
Total Debt	7,115	6,938	6,782	11,061	11,256	10,416
Net Cash (Debt)	-5,105	-5,223	-5,556	-10,013	-9,560	-8,930
Net Cash Per Share	-0.01	-0.01	-0.06	-16.51	-15.76	-14.73
Filing Date Shares Outstanding	604,438	604,438	605,232	606.41	606.41	606.41
Total Common Shares Outstanding	604,438	604,438	605,232	606.41	606.41	606.41
Working Capital	-2,004	-1,485	-1,552	-9,701	-4,348	-2,943
Book Value Per Share	0.00	0.00	0.00	-11.64	-4.02	5.16
Tangible Book Value	-361.72	-701.68	-1,038	-8,075	-3,482	-527.04
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-13.32	-5.74	-0.87
Land	41.93	44.24	44.35	43.28	42.98	48.41
Buildings	124.84	129.04	124.51	121.97	123.84	133.49
Machinery	11,723	11,167	11,523	11,394	13,362	14,427
Construction In Progress	448.32	258.25	388.81	473.8	377.96	372.59
Leasehold Improvements	255.39	266.63	202.75	248.73	201.83	234.25

Source: S&P Capital IQ. Standard template. Financial Sources.