LATAM Airlines Group S.A. (LTM)

LATAM Airlines Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,170	976.97	581.83	1,339	-4,647	-4,546
Depreciation & Amortization	1,239	1,111	939.04	965.22	988.78	1,145
Other Amortization	83.07	72.56	59.3	54.36	45.38	162.47
Other Operating Activities	800.26	945.7	683.39	-2,262	3,439	2,744
Operating Cash Flow	3,292	3,106	2,264	96.8	-174.24	-494.7
Operating Cash Flow Growth	24.31%	37.23%	2238.47%	-	-	-
Capital Expenditures	-1,832	-1,325	-795.79	-780.54	-597.1	-324.26
Sale of Property, Plant & Equipment	86.59	97.3	46.52	56.38	105	75.57
Divestitures	-	-	-	-	0.75	-
Sale (Purchase) of Intangibles	-107.31	-94.41	-68.05	-50.12	-88.52	-75.43
Investment in Securities	-	-	-	0.09	-0.17	323.07
Other Investing Activities	144.9	152.91	157.81	25.23	27.53	34.67
Investing Cash Flow	-1,708	-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	2,195	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	-2,384	-2,349	-567.36	-9,900	-566.41	-915.77
Net Debt Issued (Repaid)	-189.39	-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	-747.97	-791.5	-582.85	-985.48	-115.66	-322
Financing Cash Flow	-1,383	-1,565	-1,150	854.96	109.64	1,121
Foreign Exchange Rate Adjustments	13.04	-128.77	44.24	-32.96	-31.9	-36.48
Net Cash Flow	215.2	243.03	498.09	169.84	-649.01	623.26
Free Cash Flow	1,461	1,781	1,468	-683.74	-771.34	-818.96
Free Cash Flow Growth	-13.50%	21.33%	-	-	-	-
Free Cash Flow Margin	11.09%	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	674.53	717.63	594.23	521.72	104.62	210.42
Cash Income Tax Paid	51.79	43.44	18.38	14.31	9.44	65.69
Levered Free Cash Flow	1,355	1,328	1,010	-4,120	1,849	-87.76
Unlevered Free Cash Flow	1,823	1,841	1,437	-3,550	2,316	243.88
Change in Net Working Capital	-1,267	-1,114	-628.55	3,662	-2,648	-445.46

Updated Feb 16, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q