Korean Air Lines Co Ltd

Common Name

Korean Air Lines

Country

South Korea

Sector

Industrials

Industry

Airlines

Employees

16,976

Ticker

003490

Exchange

KOREA EXCHANGE

Website

www.koreanair.com

Description

Korean Air Lines Co., Ltd. is a major airline service provider, recognized globally as a key player in the aviation sector. As the flagship airline of South Korea, its primary function is to offer pas... Show more

Financial Statements of Korean Air Lines

Below are the financial statements of Korean Air Lines, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of KRW	2024	2023
Current assets	—	—
Cash and cash equivalents	2,215.63^a	622.79^a
Short-term financial instruments	4,475.29^a	5,552.03^a
Current portion of lease receivables	34.73^a	16.1^a
Trade and other receivables	1,584.58^a	1,135.02^a
Amount due from customers for contract work	5.08^a	2.78^a
Current portion of financial assets at amortized cost	2.51^a	0.02^a
Current portion of financial derivative assets	136.53^a	44.51^a
Inventories	1,170.69^a	853.58^a
Current tax assets	10.63^a	1.1^a
Other financial assets	40.02^a	2.6^a
Other current assets	442.01^a	364.15^a
Assets held for sale	1,499.2^a	0.5^a
Total current assets	11,616.87^a	8,595.17^a
Non-current assets	—	—
Long-term financial instruments	269.85^a	1.5^a
Long-term trade and other receivables	0.05^a	0.02^a
Financial assets at fair value	291.32^a	543.36^a
Financial assets at amortized cost	18.13^a	2.57^a
Lease receivables	362.35^a	251.96^a
Financial derivative assets	123.07^a	62.89^a
Investments in associates	154.58^a	0^a
Property, aircraft and equipment	28,374.49^a	18,174.89^a
Investments in properties	277.86^a	260.75^a
Intangible assets	3,077.41^a	824.19^a
Deferred tax assets	1,959.23^a	814.07^a
Other financial assets	309.04^a	147.27^a
Other non-current assets	177.82^a	713.16^a
Total non-current assets	35,395.19^a	21,796.61^a
Total assets	47,012.07^a	30,391.78^a
Current liabilities	—	—
Trade and other payables	2,730.52^a	1,527.98^a
Short-term borrowings	2,517.02^a	1,021.41^a
Current portion of long-term borrowings	2,541.42^a	1,539.17^a
Current portion of lease obligations	2,182.08^a	1,178.8^a
Current portion of financial derivative liabilities	35.53^a	18.23^a
Current portion of provisions	653.64^a	161.1^a
Current portion of deferred revenue	805.01^a	704.35^a
Amount due to customers for contract work	26.5^a	39.87^a
Current tax liabilities	275.45^a	201.43^a
Other financial liabilities	13.24^a	0.65^a
Other current liabilities	4,777.95^a	3,016.88^a
Liabilities held for sale	415.13^a	0^a
Total current liabilities	16,973.49^a	9,409.86^a
Non-current liabilities	—	—
Long-term trade and other payables	30.08^a	15.99^a
Long-term borrowings	1,819.3^a	1,993.86^a
Debentures	1,463.11^a	1,842.84^a
Asset-backed securitization (“ABS”) loans	158.44^a	115.12^a
Lease obligations	8,744.56^a	3,255.68^a
Net defined benefit liabilities	2,558.85^a	1,824.4^a
Provisions	810.07^a	142.71^a
Deferred revenue	2,731.75^a	1,767.52^a
Financial derivative liabilities	7.1^a	9.13^a
Deferred tax liabilities	187.95^a	87.54^a
Other financial liabilities	36.94^a	11.74^a
Other non-current liabilities	527.24^a	100.18^a
Total non-current liabilities	19,075.39^a	11,166.71^a
Liabilities and equity	—	—
Total liabilities	36,048.87^a	20,576.57^a
Shareholders’ equity	—	—
Share capital	1,846.66^a	1,846.66^a
Other capital surplus	4,145.34^a	4,145.34^a
Other capital components	995.33^a	942.06^a
Retained earnings	3,485.55^a	2,591.94^a
Equity attributable to owners of the Parent Company	10,472.88^a	9,526^a
Non-controlling interest	490.31^a	289.21^a
Total equity	10,963.19^a	9,815.21^a
Total liabilities and equity	47,012.07^a	30,391.78^a

Verified Sources Behind Korean Air Lines’s Financial Fundamentals Data

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a. Korean Air Lines's Financial Report 2024

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Korean Air Lines Co Ltd

Financial Statements of Korean Air Lines

Verified Sources Behind Korean Air Lines’s Financial Fundamentals Data

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