LATAM Airlines Group S.A. (LTM) financial statements (2021 and earlier)

Company profile

Business Address 2902 CORPORATE PLACE
CHANHASSEN, MN 55317
State of Incorp. MN
Fiscal Year End December 31
SIC 7997 - Membership Sports and Recreation Clubs (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments159101613820
Cash and cash equivalents159101613820
Receivables1323101112810
Inventory, net of allowances, customer advances and progress billings 5   
Inventory 5     
Prepaid expense 16   19 
Deferred costs 5   5 
Income taxes receivable87 
Deferred tax assets 7   7 
Other current assets 3   2 
Other undisclosed current assets87408080794371
Total current assets:11510910011410499101
Noncurrent Assets
Property, plant and equipment2,4602,4182,3352,2902,1482,1052,024
Long-term investments and receivables 5   5 
Long-term investments 5   5 
Intangible assets, net (including goodwill)10310410193947879
Goodwill61615757594949
Intangible assets, net (excluding goodwill)42434435352930
Restricted cash and investments1111111
Deferred costs 18   10 
Other noncurrent assets43454444424373
Other undisclosed noncurrent assets7(17)665(10)(24)
Total noncurrent assets:2,6142,5732,4882,4332,2902,2322,153
TOTAL ASSETS:2,7292,6822,5882,5472,3942,3312,254
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11514110310510212995
Accounts payable42353638292929
Accrued liabilities73716867736767
Employee-related liabilities 15   14 
Taxes payable 18   19 
Interest and dividends payable 2     
Debt23222227272514
Deferred revenue and credits47393646453533
Other undisclosed current liabilities36(2)4043391452
Total current liabilities:221201202222214203195
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,1821,1781,1531,098902824774
Capital lease obligations 4   5 
Other undisclosed long-term debt and lease obligation1,1821,1741,1531,098902819774
Liabilities, other than long-term debt142143145151157156143
Deferred revenue and credits32313636383431
Deferred tax liabilities, net949792949710191
Other liabilities15151721212121
Other undisclosed noncurrent liabilities5454     
Total noncurrent liabilities:1,3781,3761,2981,2491,059980918
Total liabilities:1,5991,5761,5001,4711,2721,1831,113
Stockholders' equity
Stockholders' equity attributable to parent1,1301,1051,0871,0771,1211,1481,141
Common stock1111111
Additional paid in capital259253249273348402421
Accumulated other comprehensive loss(14)(9)(6)(6)(6)(6)(5)
Retained earnings885861843809779751725
Total stockholders' equity:1,1301,1051,0871,0771,1211,1481,141
TOTAL LIABILITIES AND EQUITY:2,7292,6822,5882,5472,3942,3312,254

Income statement (P&L) ($ in millions)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
Revenues
(Revenue, Net)
331315337327312291316
Cost of revenue(193)(173)(193)(194)(184)(168)(180)
Gross profit:138142144133128123136
Operating expenses(86)(91)(77)(75)(74)(74)(73)
Operating income:52516757544963
Nonoperating expense(11)(16)(10)(8)(8)(6)(6)
Interest and debt expense(1)(1)     
Income from continuing operations before equity method investments, income taxes:40345749474257
Income from equity method investments0000000
Other undisclosed income (loss) from continuing operations before income taxes01(0)(0)(0)(0)(0)
Income from continuing operations before income taxes:41355749474257
Income tax expense(16)(13)(23)(19)(18)(16)(22)
Net income available to common stockholders, diluted:25223430282634

Comprehensive Income ($ in millions)

3/31/2015
Q1
12/31/2014
Q4
9/30/2014
Q3
6/30/2014
Q2
3/31/2014
Q1
12/31/2013
Q4
9/30/2013
Q3
Net income:25223430282634
Other comprehensive income (loss)(5)(3)(0)1(1)(1)0
Comprehensive income, net of tax, attributable to parent:20193430282535

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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