Great Lakes Aviation LTD (GLUX) financial statements (2021 and earlier)

Company profile

Business Address 1022 AIRPORT DRIVE
CHEYENNE, WY 82001
State of Incorp. IA
Fiscal Year End December 31
SIC 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments273
Cash and cash equivalents273
Receivables579
Inventory, net of allowances, customer advances and progress billings799
Inventory799
Other undisclosed current assets356
Total current assets:172727
Noncurrent Assets
Property, plant and equipment444954
Regulated entity, other noncurrent assets 12
Other noncurrent assets32
Prepaid expense and other noncurrent assets3
Other undisclosed noncurrent assets (1)(2)
Total noncurrent assets:475157
TOTAL ASSETS:647884
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities479
Accounts payable245
Accrued liabilities244
Interest and dividends payable0  
Debt 244
Other undisclosed current liabilities(0)  
Total current liabilities:43112
Noncurrent Liabilities
Long-term debt and lease obligation25 23
Long-term debt, excluding current maturities25 23
Liabilities, other than long-term debt4810
Deferred tax liabilities, net4810
Total noncurrent liabilities:29833
Total liabilities:333945
Stockholders' equity
Stockholders' equity attributable to parent313939
Common stock000
Additional paid in capital313131
Retained earnings (accumulated deficit)(0)77
Total stockholders' equity:313939
TOTAL LIABILITIES AND EQUITY:647884

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

12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
59117138
Cost of revenue
(Cost of Goods and Services Sold)
(16)(36)(43)
Gross profit:438294
Operating expenses(88)(146)(163)
Other undisclosed operating income406877
Operating income (loss):(6)49
Nonoperating expense(6)(4)(5)
Interest and debt expense(6)(4)(5)
Other undisclosed income from continuing operations before equity method investments, income taxes645
Income (loss) from continuing operations before equity method investments, income taxes:(11)(1)4
Other undisclosed income from continuing operations before income taxes  3
Income (loss) from continuing operations before income taxes:(11)(1)8
Income tax expense (benefit)40(2)
Net income (loss):(7)(0)6
Other undisclosed net loss attributable to parent  (3)
Net income (loss) available to common stockholders, diluted:(7)(0)3

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income (loss):(7)(0)6
Comprehensive income (loss), net of tax, attributable to parent:(7)(0)6

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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