Copa Holdings, S.A(NYSE:CPA) 
Copa Holdings, S.A., through its subsidiaries, provides airline passenger and cargo services. The company offers flights to 80 destinations in 33 countries in North, Central, and South America, as well as the Caribbean. As of December 31, 2019, it operated a fleet of 102 aircraft comprising 82 Boein...
Website: http://copa.gcs-web.com
Founded: 1998
Full Time Employees: 8,877
Sector: Industrials
Industry: Airlines
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| Unit: USD | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2017-02-15 | 2016-12-31 | 2016-03-31 | 2016-02-17 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2011-05-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
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Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-11-16 | 2023-08-10 | 2023-05-11 | 2022-12-31 | 2022-11-17 | 2022-08-04 | 2022-05-12 | 2022-02-10 | 2021-12-31 | 2021-11-18 | 2021-08-05 | 2021-05-06 | 2021-02-11 | 2021-02-10 | 2020-12-31 | 2020-11-19 | 2020-08-06 | 2020-02-13 | 2020-02-11 | 2019-12-31 | 2019-11-14 | 2019-09-30 | 2019-08-08 | 2019-06-30 | 2019-05-09 | 2019-03-31 | 2019-02-13 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-11-12 | 2009-12-31 | 2009-02-19 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 248,823,000 | 236,171,000 | 164,820,000 | 613,313,000 | 275,245,000 | 200,635,000 | 170,525,000 | 206,375,000 | 236,878,000 | 281,863,000 | 242,314,000 | 122,424,000 | 198,744,000 | 134,125,000 | 249,014,000 | 211,081,000 | 211,081,000 | 290,231,000 | 256,764,000 | 193,801,000 | 119,065,000 | 211,081,000 | 119,065,000 | 222,263,000 | 307,297,000 | 158,732,000 | 119,065,000 | 158,732,000 | 225,289,000 | 225,289,000 | 226,140,000 | 226,140,000 | 212,267,000 | 212,267,000 | 158,732,000 | 156,158,000 | 238,792,000 | 331,687,000 | 204,715,000 | 221,443,000 | 139,110,000 | 76,094,000 | 243,801,000 | 228,081,000 | 219,439,000 | 236,640,000 | 207,690,000 | 208,904,000 | 262,656,000 | 224,023 | 220,808,000 | 285,858,000 | 169,880,000 | 94,106,000 |
short-term investments | 742,687,000 | 764,137,000 | 751,525,000 | 758,560,000 | 748,239,000 | 630,640,000 | 708,809,000 | 754,799,000 | 833,576,000 | 773,493,000 | 752,812,000 | 801,132,000 | 771,074,000 | 806,340,000 | 901,645,000 | 925,680,000 | 898,453,000 | 770,816,000 | 806,340,000 | 644,137,000 | 740,887,000 | 692,403,000 | 770,816,000 | 536,084,000 | 536,084,000 | 523,134,000 | 523,134,000 | 556,127,000 | 556,127,000 | 692,403,000 | 575,009,000 | 262,345,000 | 217,769,000 | 217,769,000 | 217,500,000 | 194,913,000 | 160,297,000 | 89,412,000 | 168,556 | 176,018,000 | 22,500,000 | 27,500,000 | 20,384,000 | |||||||||||
total cash, cash equivalents and short-term investments | 991,509,000 | 1,000,307,000 | 916,345,000 | 1,033,805,000 | 948,874,000 | 801,165,000 | 915,184,000 | 991,677,000 | 1,115,439,000 | 1,015,807,000 | 951,557,000 | 935,257,000 | 1,020,088,000 | 1,017,421,000 | 1,191,876,000 | 1,182,444,000 | 1,092,254,000 | 889,881,000 | 1,017,421,000 | 866,400,000 | 1,048,184,000 | 851,135,000 | 889,881,000 | 761,374,000 | 761,374,000 | 749,275,000 | 749,275,000 | 768,394,000 | 768,394,000 | 851,135,000 | 506,146,000 | 445,850,000 | 437,208,000 | 454,140,000 | 402,603,000 | 369,201,000 | 352,068,000 | 392,579 | 396,826,000 | 308,358,000 | 197,380,000 | 114,490,000 | ||||||||||||
accounts receivable | 225,586,000 | 183,401,000 | 172,525,000 | 168,990,000 | 201,327,000 | 186,902,000 | 192,486,000 | 156,720,000 | 169,386,000 | 162,333,000 | 165,111,000 | 137,583,000 | 155,571,000 | 155,322,000 | 125,989,000 | 90,618,000 | 92,450,000 | 110,035,000 | 103,956,000 | 68,436,000 | 63,206,000 | 90,618,000 | 64,635,000 | 35,669,000 | 28,843,000 | 129,634,000 | 63,206,000 | 129,781,000 | 138,249,000 | 138,249,000 | 159,004,000 | 159,004,000 | 157,101,000 | 157,101,000 | 129,634,000 | 116,054,000 | 115,641,000 | 114,143,000 | 105,777,000 | 122,150,000 | 132,867,000 | 135,207,000 | 142,297,000 | 133,622,000 | 137,519,000 | 97,122,000 | 88,774,000 | 100,019,000 | 76,392,000 | 70,520 | 70,609,000 | 73,389,000 | 60,319,000 | 49,044,000 |
accounts receivable from related parties | 3,111,000 | 2,967,000 | 5,526,000 | 2,782,000 | 2,637,000 | 2,433,000 | 2,527,000 | 2,416,000 | 2,388,000 | 1,833,000 | 2,159,000 | 1,767,000 | 1,598,000 | 1,832,000 | 1,562,000 | 1,383,000 | 1,042,000 | 1,429,000 | 1,832,000 | 1,625,000 | 1,302,000 | 147,000 | 1,429,000 | 2,850,000 | 2,850,000 | 3,225,000 | 3,225,000 | 2,329,000 | 2,329,000 | 147,000 | 2,189,000 | 1,129,000 | 704,000 | 653,000 | 1,054,000 | 1,431,000 | 613,000 | 3,256,000 | 4,399,000 | 4,591 | 4,592,000 | 780,000 | 1,818,000 | 448,000 | ||||||||||
expendable parts and supplies | 145,910,000 | 141,190,000 | 145,040,000 | 132,341,000 | 123,571,000 | 116,578,000 | 116,919,000 | 116,604,000 | 108,546,000 | 104,332,000 | 101,680,000 | 93,332,000 | 91,986,000 | 88,980,000 | 80,690,000 | 74,778,000 | 74,778,000 | 71,419,000 | 70,867,000 | 72,992,000 | 74,319,000 | 74,778,000 | 74,319,000 | 77,481,000 | 76,577,000 | 69,100,000 | 74,319,000 | 69,100,000 | 93,081,000 | 93,081,000 | 93,496,000 | 93,496,000 | 91,082,000 | 91,082,000 | 69,100,000 | 86,530,000 | 81,825,000 | 74,502,000 | 56,814,000 | 50,603,000 | 42,382,000 | 45,982,000 | ||||||||||||
prepaid expenses | 69,207,000 | 64,295,000 | 51,568,000 | 42,926,000 | 40,422,000 | 44,134,000 | 55,495,000 | 44,635,000 | 44,189,000 | 46,025,000 | 49,917,000 | 52,322,000 | 45,418,000 | 42,029,000 | 34,268,000 | 31,148,000 | 31,148,000 | 25,650,000 | 25,444,000 | 27,556,000 | 30,473,000 | 31,148,000 | 30,473,000 | 29,755,000 | 32,326,000 | 38,953,000 | 30,473,000 | 49,034,000 | 53,430,000 | 53,430,000 | 52,522,000 | 52,522,000 | 98,420,000 | 98,420,000 | 38,953,000 | 74,384,000 | 45,421,000 | 58,407,000 | 48,667,000 | 56,793,000 | 54,811,000 | 63,120,000 | 40,058,000 | 16,951,000 | 29,128,000 | 27,912,000 | 31,789,000 | 33,685,000 | 32,314,000 | 26,694 | 26,694,000 | 25,574,000 | 16,590,000 | 13,502,000 |
prepaid income tax | 8,161,000 | 5,788,000 | 4,159,000 | 11,678,000 | 5,802,000 | 98,000 | 88,000 | 66,000 | 139,000 | 335,000 | 370,000 | 798,000 | 19,573,000 | 15,832,000 | 16,095,000 | 882,000 | 16,938,000 | 632,000 | 14,264,000 | 16,189,000 | 16,716,000 | 882,000 | 16,716,000 | 9,020,000 | 2,387,000 | 1,181,000 | 16,716,000 | 1,181,000 | 916,000 | 916,000 | 3,610,000 | 3,610,000 | 6,014,000 | 6,014,000 | 1,181,000 | 10,357,000 | ||||||||||||||||||
other current assets | 30,957,000 | 26,028,000 | 26,461,000 | 23,708,000 | 21,375,000 | 32,548,000 | 32,227,000 | 25,671,000 | 21,855,000 | 23,665,000 | 9,533,000 | 8,127,000 | 6,497,000 | 6,054,000 | 7,216,000 | 7,825,000 | 6,908,000 | 7,805,000 | 6,054,000 | 8,546,000 | 10,927,000 | 14,206,000 | 7,805,000 | 19,156,000 | 19,156,000 | 26,342,000 | 26,342,000 | 37,959,000 | 37,959,000 | 14,206,000 | 22,783,000 | 16,328,000 | 22,655,000 | 7,090,000 | 20,531,000 | 37,165,000 | 24,622,000 | 13,943,000 | 13,654,000 | 5,337 | 5,338,000 | 13,547,000 | 5,877,000 | 3,239,000 | ||||||||||
total current assets | 1,474,441,000 | 1,423,976,000 | 1,321,625,000 | 1,431,416,000 | 1,320,598,000 | 1,201,133,000 | 1,267,963,000 | 1,342,024,000 | 1,452,707,000 | 1,358,383,000 | 1,275,797,000 | 1,247,314,000 | 1,285,225,000 | 1,222,733,000 | 1,430,633,000 | 1,440,339,000 | 1,400,679,000 | 1,219,371,000 | 1,222,733,000 | 1,171,962,000 | 1,345,384,000 | 1,224,362,000 | 1,219,371,000 | 1,069,057,000 | 1,069,057,000 | 1,087,474,000 | 1,087,474,000 | 1,161,300,000 | 1,161,300,000 | 1,224,362,000 | 917,490,000 | 754,242,000 | 650,794,000 | 670,372,000 | 665,654,000 | 594,383,000 | 560,190,000 | 502,154,000 | 518,126 | 522,464,000 | 435,736,000 | 290,651,000 | 184,793,000 | |||||||||||
long-term investments | 337,601,000 | 368,332,000 | 425,821,000 | 219,731,000 | 258,379,000 | 301,192,000 | 258,934,000 | 177,835,000 | 222,282,000 | 166,481,000 | 168,114,000 | 140,374,000 | 204,810,000 | 199,670,000 | 96,955,000 | 99,235,000 | 111,001,000 | 119,617,000 | 199,670,000 | 139,503,000 | 94,540,000 | 134,347,000 | 119,617,000 | 124,169,000 | 124,169,000 | 144,072,000 | 144,072,000 | 128,992,000 | 128,992,000 | 134,347,000 | 57,332,000 | 28,794,000 | 6,207,000 | 6,224,000 | 15,477 | 26,175,000 | ||||||||||||||||||
long-term accounts receivable | 3,000,000 | 12,000 | 1,042,000 | 1,054,000 | 1,054,000 | 1,038,000 | 1,038,000 | 2,139,000 | 1,054,000 | 1,942,000 | 1,942,000 | 1,942,000 | 1,942,000 | 1,177,000 | 1,177,000 | 2,139,000 | ||||||||||||||||||||||||||||||||||||||
long-term prepaid expenses | 2,589,000 | 3,182,000 | 7,648,000 | 8,849,000 | 7,766,000 | 9,471,000 | 9,633,000 | 9,475,000 | 8,832,000 | 6,494,000 | 11,987,000 | 9,785,000 | 6,195,000 | 22,783,000 | 22,688,000 | 6,554,000 | 5,680,000 | 6,066,000 | 22,783,000 | 6,416,000 | 16,277,000 | 17,743,000 | 6,066,000 | 16,551,000 | 16,551,000 | 28,874,000 | 28,874,000 | 25,608,000 | 25,608,000 | 17,743,000 | ||||||||||||||||||||||||
property and equipment | 4,024,385,000 | 3,755,645,000 | 3,564,026,000 | 3,458,260,000 | 3,363,353,000 | 3,326,243,000 | 3,286,848,000 | 3,239,078,000 | 3,069,652,000 | 3,025,624,000 | 2,967,611,000 | 2,883,524,000 | 2,855,422,000 | 2,755,741,000 | 2,625,393,000 | 2,512,704,000 | 2,512,704,000 | 2,306,626,000 | 2,255,792,000 | 2,215,264,000 | 2,147,486,000 | 2,512,704,000 | 2,147,486,000 | 2,203,750,000 | 2,227,313,000 | 2,532,402,000 | 2,147,486,000 | 2,532,402,000 | 2,738,111,000 | 2,738,111,000 | 2,754,928,000 | 2,754,928,000 | 2,778,265,000 | 2,778,265,000 | 2,532,402,000 | 2,701,322,000 | 2,825,904,000 | 2,623,682,000 | 2,650,653,000 | 2,505,336,000 | ||||||||||||||
right of use assets | 310,596,000 | 308,900,000 | 293,337,000 | 309,303,000 | 337,684,000 | 341,009,000 | 259,283,000 | 281,146,000 | 291,446,000 | 258,268,000 | 238,269,000 | 234,380,000 | 186,887,000 | 137,339,000 | 149,230,000 | 166,328,000 | 166,328,000 | 183,354,000 | 178,103,000 | 193,553,000 | 214,279,000 | 166,328,000 | 214,279,000 | 229,595,000 | 257,512,000 | 290,843,000 | 214,279,000 | 290,843,000 | 317,423,000 | 317,423,000 | 339,244,000 | 339,244,000 | 356,987,000 | 356,987,000 | 290,843,000 | |||||||||||||||||||
intangible | 101,541,000 | 98,895,000 | 97,483,000 | 94,097,000 | 92,715,000 | 88,312,000 | 87,986,000 | 85,711,000 | 82,919,000 | 80,765,000 | 77,061,000 | 77,302,000 | 78,381,000 | 81,749,000 | 84,530,000 | 88,031,000 | 91,316,000 | 95,568,000 | 81,749,000 | 97,771,000 | 104,485,000 | 108,116,000 | 95,568,000 | 108,474,000 | 108,474,000 | 107,399,000 | 107,399,000 | 104,938,000 | 104,938,000 | 108,116,000 | ||||||||||||||||||||||||
net defined benefit assets | 2,106,000 | 1,833,000 | 1,513,000 | 1,058,000 | 6,442,000 | 6,204,000 | 5,373,000 | 5,346,000 | 2,303,000 | 1,732,000 | 1,048,000 | 504,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 18,498,000 | 16,772,000 | 15,695,000 | 20,749,000 | 22,729,000 | 21,497,000 | 20,999,000 | 30,136,000 | 27,473,000 | 29,499,000 | 31,636,000 | 30,743,000 | 30,941,000 | 29,874,000 | 30,911,000 | 28,417,000 | 28,196,000 | 36,432,000 | 37,854,000 | 35,413,000 | 35,595,000 | 28,417,000 | 35,595,000 | 21,714,000 | 21,461,000 | 19,216,000 | 35,595,000 | 19,215,000 | 17,617,000 | 17,617,000 | 17,343,000 | 17,343,000 | 17,489,000 | 17,489,000 | 19,216,000 | 16,041,000 | 18,572,000 | 18,339,000 | 12,708,000 | 17,235,000 | ||||||||||||||
other non-current assets | 6,669,000 | 20,450,000 | 20,661,000 | 22,113,000 | 24,053,000 | 16,821,000 | 16,722,000 | 17,048,000 | 17,435,000 | 16,796,000 | 16,277,000 | 17,005,000 | 16,319,000 | 15,045,000 | 15,497,000 | 14,098,000 | 14,098,000 | 14,788,000 | 15,136,000 | 13,917,000 | 14,348,000 | 14,098,000 | 14,348,000 | 13,663,000 | 15,002,000 | 17,881,000 | 14,348,000 | 17,881,000 | 17,422,000 | 17,422,000 | 34,223,000 | 34,223,000 | 33,966,000 | 33,966,000 | 17,881,000 | 33,899,000 | 31,140,000 | |||||||||||||||||
total non-current assets | 4,803,986,000 | 4,577,008,000 | 4,426,183,000 | 4,076,938,000 | 4,070,634,000 | 3,988,199,000 | 3,929,307,000 | 3,681,330,000 | 3,645,952,000 | 3,508,581,000 | 3,346,731,000 | 3,165,461,000 | 3,110,417,000 | 3,025,749,000 | 2,745,385,000 | 2,681,748,000 | 2,667,199,000 | 2,634,013,000 | 3,025,749,000 | 2,716,318,000 | 2,740,816,000 | 3,122,934,000 | 2,634,013,000 | 3,347,855,000 | 3,347,855,000 | 3,433,612,000 | 3,433,612,000 | 3,453,475,000 | 3,453,475,000 | 3,122,934,000 | 2,562,010,000 | |||||||||||||||||||||||
total assets | 6,278,427,000 | 6,000,984,000 | 5,747,808,000 | 5,742,286,000 | 5,508,354,000 | 5,391,232,000 | 5,189,332,000 | 5,197,270,000 | 5,023,354,000 | 5,098,659,000 | 4,866,964,000 | 4,690,362,000 | 4,622,529,000 | 4,412,774,000 | 4,395,642,000 | 4,248,482,000 | 4,248,261,000 | 4,176,018,000 | 4,122,088,000 | 4,067,878,000 | 3,853,384,000 | 4,248,482,000 | 3,853,384,000 | 3,888,280,000 | 4,086,199,000 | 4,347,296,000 | 3,853,384,000 | 4,357,378,000 | 4,416,912,000 | 4,416,912,000 | 4,521,085,000 | 4,521,085,000 | 4,614,775,000 | 4,614,775,000 | 4,347,296,000 | 4,087,250,000 | 4,252,931,000 | 3,846,113,000 | 3,715,476,000 | 4,090,874,000 | 3,952,764,000 | 3,479,500,000 | 3,065,796,000 | 2,876,322,000 | 2,764,766,000 | 2,684,846,000 | 2,555,997,000 | 2,302,560,000 | 2,092,869,000 | 1,954,221 | 1,954,225,000 | 1,707,251,000 | 1,255,015,000 | 916,912,000 |
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans and borrowings | 204,453,000 | 219,892,000 | 232,447,000 | 254,854,000 | 205,144,000 | 226,513,000 | 233,110,000 | 222,430,000 | 260,164,000 | 445,083,000 | 144,203,000 | 142,484,000 | 199,437,000 | 148,158,000 | 151,234,000 | 196,602,000 | 196,602,000 | 154,140,000 | 153,515,000 | 157,393,000 | 127,946,000 | 196,602,000 | 127,946,000 | 129,667,000 | 177,004,000 | 127,946,000 | ||||||||||||||||||||||||||||
current portion of lease liability | 64,892,000 | 62,062,000 | 60,156,000 | 59,779,000 | 59,743,000 | 64,465,000 | 68,304,000 | 69,001,000 | 71,940,000 | 77,412,000 | 77,418,000 | 75,494,000 | 74,571,000 | 73,917,000 | 74,526,000 | 79,573,000 | 81,309,000 | 83,605,000 | 73,917,000 | 89,708,000 | 95,087,000 | 97,732,000 | 83,605,000 | 97,732,000 | 99,838,000 | 99,838,000 | 100,105,000 | 100,105,000 | 101,382,000 | 101,382,000 | 97,732,000 | |||||||||||||||||||||||
accounts payable | 164,694,000 | 187,375,000 | 188,886,000 | 175,443,000 | 193,427,000 | 204,237,000 | 182,303,000 | 179,052,000 | 161,880,000 | 163,236,000 | 148,469,000 | 142,711,000 | 126,899,000 | 112,596,000 | 101,201,000 | 97,355,000 | 75,917,000 | 63,461,000 | 112,596,000 | 39,560,000 | 45,335,000 | 109,252,000 | 63,461,000 | 101,108,000 | 101,108,000 | 87,672,000 | 87,672,000 | 110,251,000 | 110,251,000 | 109,252,000 | 95,046,000 | 104,975,000 | 92,842,000 | 60,932,000 | 58,959,000 | 59,024,000 | 50,743,000 | 51,343,000 | 54,120 | 54,066,000 | 57,468,000 | 47,627,000 | 44,848,000 | |||||||||||
accounts payable to related parties | 1,409,000 | 792,000 | 1,012,000 | 1,312,000 | 3,913,000 | 1,658,000 | 1,228,000 | 1,574,000 | 2,340,000 | 1,944,000 | 10,667,000 | 27,400,000 | 19,113,000 | 7,948,000 | 10,088,000 | 4,661,000 | 4,538,000 | 2,970,000 | 7,948,000 | 5,101,000 | 1,070,000 | 14,086,000 | 2,970,000 | 14,002,000 | 14,002,000 | 13,172,000 | 13,172,000 | 35,675,000 | 35,675,000 | 14,086,000 | 14,483,000 | 20,255,000 | 22,074,000 | 17,471,000 | 19,513,000 | 18,309,000 | 13,566,000 | 14,103,000 | 11,510 | 11,510,000 | 10,824,000 | 8,819,000 | 7,750,000 | |||||||||||
air traffic liability | 694,737,000 | 642,594,000 | 607,457,000 | 621,895,000 | 639,211,000 | 640,643,000 | 579,476,000 | 605,900,000 | 658,246,000 | 649,054,000 | 611,437,000 | 651,805,000 | 736,581,000 | 711,135,000 | 625,309,000 | 557,331,000 | 557,331,000 | 553,252,000 | 538,768,000 | 475,084,000 | 470,695,000 | 557,331,000 | 470,695,000 | 433,145,000 | 409,843,000 | 497,374,000 | 470,695,000 | 497,374,000 | 504,921,000 | 504,921,000 | 526,299,000 | 526,299,000 | 490,826,000 | 490,826,000 | 497,374,000 | 471,676,000 | 470,693,000 | 396,237,000 | 352,110,000 | 408,012,000 | 578,439,000 | 382,807,000 | 297,135,000 | 317,031,000 | 281,914,000 | 225,602,000 | 212,825,000 | 183,344,000 | 183,174 | 182,490,000 | 153,422,000 | 116,812,000 | 85,673,000 | |
frequent flyer deferred revenue | 151,155,000 | 146,645,000 | 142,773,000 | 59,449,000 | 136,520,000 | 127,024,000 | 132,132,000 | 126,677,000 | 121,732,000 | 114,570,000 | 114,976,000 | 55,292,000 | 105,914,000 | 100,230,000 | 97,040,000 | 95,114,000 | 34,719,000 | 94,748,000 | 93,036,000 | 92,992,000 | 91,213,000 | 95,114,000 | 16,041,000 | 88,219,000 | 85,923,000 | 80,326,000 | 91,213,000 | 35,120,000 | 78,021,000 | 78,021,000 | 74,425,000 | 74,425,000 | 70,507,000 | 70,507,000 | 80,326,000 | 30,342,000 | 13,186,000 | 9,044,000 | 18,884,000 | |||||||||||||||
taxes payable | 53,416,000 | 62,494,000 | 60,599,000 | 55,505,000 | 41,535,000 | 53,642,000 | 53,565,000 | 44,210,000 | 39,939,000 | 49,178,000 | 67,122,000 | 43,878,000 | 46,124,000 | 43,650,000 | 40,557,000 | 32,599,000 | 32,600,000 | 34,200,000 | 29,587,000 | 18,267,000 | 13,400,000 | 32,599,000 | 13,400,000 | 6,756,000 | 1,476,000 | 13,400,000 | ||||||||||||||||||||||||||||
accrued expenses payable | 50,854,000 | 42,009,000 | 33,074,000 | 62,673,000 | 50,085,000 | 41,417,000 | 34,214,000 | 44,913,000 | 32,767,000 | 33,995,000 | 55,373,000 | 47,390,000 | 60,321,000 | 80,116,000 | 82,948,000 | 81,291,000 | 75,975,000 | 48,047,000 | 30,472,000 | 47,177,000 | 45,376,000 | 34,354,000 | 40,817,000 | 49,058,000 | 40,481 | 40,642,000 | 52,233,000 | 32,104,000 | 14,780,000 | |||||||||||||||||||||||||
income tax payable | 9,686,000 | 9,249,000 | 12,861,000 | 9,801,000 | 7,331,000 | 6,630,000 | 16,365,000 | 26,956,000 | 19,046,000 | 14,814,000 | 12,414,000 | 6,276,000 | 14,569,000 | 4,993,000 | 4,293,000 | 3,835,000 | 3,835,000 | 2,473,000 | 1,912,000 | 1,422,000 | 1,023,000 | 3,835,000 | 1,023,000 | 883,000 | 3,159,000 | 9,683,000 | 1,023,000 | 9,683,000 | 4,683,000 | 4,683,000 | 9,683,000 | 3,700,000 | 22,495,000 | 24,066,000 | 31,572,000 | |||||||||||||||||||
other current liabilities | 1,495,000 | 1,680,000 | 1,831,000 | 1,320,000 | 737,000 | 1,468,000 | 1,403,000 | 1,236,000 | 757,000 | 1,366,000 | 819,000 | 592,000 | 1,206,000 | 785,000 | 2,606,000 | 3,801,000 | 197,000 | 252,000 | 785,000 | 136,000 | 174,000 | 83,000 | 252,000 | 203,000 | 203,000 | 277,000 | 277,000 | 476,000 | 476,000 | 83,000 | 8,133,000 | 10,902,000 | 13,845,000 | 14,535,000 | 4,636,000 | 10,778,000 | 11,307,000 | 10,957,000 | 59,597 | 60,349,000 | 3,740,000 | 11,268,000 | 5,573,000 | |||||||||||
total current liabilities | 1,396,790,000 | 1,374,795,000 | 1,341,097,000 | 1,317,680,000 | 1,353,688,000 | 1,320,689,000 | 1,344,351,000 | 1,398,799,000 | 1,975,708,000 | 1,225,644,000 | 1,374,881,000 | 1,284,295,000 | 1,168,709,000 | 1,113,493,000 | 1,043,943,000 | 1,015,879,000 | 936,033,000 | 888,561,000 | 1,113,493,000 | 800,525,000 | 830,087,000 | 1,032,758,000 | 888,561,000 | 1,028,490,000 | 1,028,490,000 | 1,136,501,000 | 1,136,501,000 | 1,222,652,000 | 1,222,652,000 | 1,032,758,000 | 788,690,000 | 658,660,000 | 611,828,000 | 578,804,000 | 490,416,000 | 509,798,000 | 446,582,000 | 503,190 | 502,084,000 | 424,989,000 | 339,573,000 | 253,979,000 | ||||||||||||
loans and borrowings long-term | 1,631,823,000 | 1,497,592,000 | 1,390,774,000 | 1,415,953,000 | 1,298,106,000 | 1,241,684,000 | 1,198,017,000 | 1,240,261,000 | 1,110,284,000 | 1,107,037,000 | 1,327,441,000 | 1,301,819,000 | 1,323,182,000 | 1,350,239,000 | 1,329,125,000 | 1,229,031,000 | 1,229,031,000 | 1,253,536,000 | 1,283,447,000 | 1,308,987,000 | 1,035,954,000 | 1,229,031,000 | 1,035,954,000 | 1,118,846,000 | 1,035,954,000 | |||||||||||||||||||||||||||||
lease liability | 272,477,000 | 271,774,000 | 255,831,000 | 295,777,000 | 296,402,000 | 198,387,000 | 215,353,000 | 224,140,000 | 186,558,000 | 162,029,000 | 117,213,000 | 72,745,000 | 86,787,000 | 104,734,000 | 122,692,000 | 112,003,000 | 126,436,000 | 146,905,000 | 104,734,000 | 152,234,000 | 175,403,000 | 206,832,000 | 146,905,000 | 206,832,000 | 231,079,000 | 231,079,000 | 253,057,000 | 253,057,000 | 269,597,000 | 269,597,000 | 206,832,000 | |||||||||||||||||||||||
deferred tax liabilities | 75,820,000 | 60,613,000 | 48,803,000 | 37,476,000 | 57,297,000 | 47,457,000 | 45,742,000 | 36,594,000 | 44,343,000 | 34,710,000 | 25,783,000 | 16,571,000 | 23,853,000 | 18,919,000 | 18,885,000 | 18,782,000 | 18,782,000 | 18,104,000 | 19,534,000 | 20,862,000 | 22,190,000 | 18,782,000 | 22,190,000 | 27,283,000 | 27,520,000 | 43,397,000 | 22,190,000 | 43,397,000 | 44,761,000 | 44,761,000 | 60,455,000 | 60,455,000 | 47,246,000 | 47,246,000 | 43,397,000 | 48,940,000 | 50,628,000 | 44,974,000 | 32,865,000 | 36,296,000 | 37,959,000 | 34,364,000 | 30,444,000 | 17,931,000 | 19,375,000 | 13,406,000 | 14,904,000 | 13,410,000 | 8,747 | 8,747,000 | 6,747,000 | 4,557,000 | 4,039,000 | |
other long - term liabilities | 233,227,000 | 236,096,000 | 229,921,000 | 223,541,000 | 216,512,000 | 235,014,000 | 234,474,000 | 238,623,000 | 239,763,000 | 232,941,000 | 220,941,000 | 221,480,000 | 216,979,000 | 210,933,000 | 251,741,000 | 247,668,000 | 225,642,000 | 216,325,000 | 210,933,000 | 219,400,000 | 214,746,000 | 191,221,000 | 216,325,000 | 178,920,000 | 178,920,000 | 175,180,000 | 175,180,000 | 170,498,000 | 170,498,000 | 191,221,000 | 72,694,000 | |||||||||||||||||||||||
total non-current liabilities | 2,213,347,000 | 2,066,074,000 | 1,925,329,000 | 1,874,721,000 | 1,802,054,000 | 1,677,161,000 | 1,726,682,000 | 1,617,390,000 | 1,568,068,000 | 2,037,277,000 | 1,852,077,000 | 1,831,810,000 | 1,934,413,000 | 1,839,487,000 | 1,917,832,000 | 1,901,994,000 | 1,957,673,000 | 1,672,810,000 | 1,839,487,000 | 1,612,599,000 | 1,664,350,000 | 1,379,633,000 | 1,672,810,000 | 1,420,260,000 | 1,420,260,000 | 1,494,077,000 | 1,494,077,000 | 1,525,390,000 | 1,525,390,000 | 1,379,633,000 | 1,154,266,000 | 1,017,605,000 | 1,015,574,000 | 1,005,812,000 | 988,262,000 | 834,356,000 | 780,659,000 | 819,709 | 819,709,000 | 750,625,000 | 543,773,000 | 417,066,000 | ||||||||||||
total liabilities | 3,610,137,000 | 3,440,868,000 | 3,266,426,000 | 3,369,543,000 | 3,192,400,000 | 3,155,742,000 | 2,997,850,000 | 3,071,033,000 | 3,016,189,000 | 3,543,776,000 | 3,262,921,000 | 3,198,252,000 | 3,226,958,000 | 3,116,105,000 | 3,103,122,000 | 2,952,981,000 | 2,948,864,000 | 2,961,775,000 | 2,917,874,000 | 2,893,705,000 | 2,561,371,000 | 2,952,981,000 | 2,569,826,000 | 2,413,124,000 | 2,494,436,000 | 2,412,391,000 | 2,561,371,000 | 2,422,472,000 | 2,448,750,000 | 2,448,750,000 | 2,630,578,000 | 2,630,578,000 | 2,748,042,000 | 2,748,042,000 | 2,412,391,000 | 2,246,571,000 | 2,141,436,000 | 2,003,842,000 | 2,128,054,000 | 2,015,766,000 | 2,050,858,000 | 1,942,956,000 | 1,676,265,000 | 1,627,402,000 | 1,584,616,000 | 1,478,678,000 | 1,359,058,000 | 1,227,241,000 | 1,322,899 | 1,321,793,000 | 1,175,614,000 | 883,346,000 | 671,045,000 | |
equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,229,467 issued and 30,199,961 outstanding | 23,290,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 10,938,125 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | ||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 219,021,000 | 217,789,000 | 216,435,000 | 212,877,000 | 211,260,000 | 210,157,000 | 210,936,000 | 209,836,000 | 105,551,000 | 104,606,000 | 102,208,000 | 100,945,000 | 99,849,000 | 98,348,000 | 96,463,000 | 94,588,000 | 92,608,000 | 91,341,000 | 98,348,000 | 90,125,000 | 88,683,000 | 86,135,000 | 91,341,000 | 84,338,000 | 84,338,000 | 82,976,000 | 82,976,000 | 81,675,000 | 81,675,000 | 86,135,000 | ||||||||||||||||||||||||
treasury stock | -300,143,000 | -300,143,000 | -294,993,000 | -291,438,000 | -254,532,000 | -254,532,000 | -244,311,000 | -204,130,000 | -199,379,000 | -360,001,000 | -357,087,000 | -344,541,000 | -344,541,000 | -326,239,000 | -205,074,000 | -176,902,000 | -176,902,000 | -136,483,000 | -136,388,000 | -176,902,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | -18,426,000 | |||||||||||||||||
retained earnings | 2,235,380,000 | 2,301,791,000 | 2,368,185,000 | 2,434,677,000 | 1,893,880,000 | 1,961,060,000 | 2,028,194,000 | 1,581,739,000 | 1,652,915,000 | 1,652,916,000 | 1,717,620,000 | 1,715,838,000 | 1,367,868,000 | 1,367,868,000 | 1,367,866,000 | 1,324,025,000 | 1,367,866,000 | 1,324,025,000 | 1,324,025,000 | 1,324,025,000 | 1,931,084,000 | 1,324,025,000 | 1,324,022,000 | 1,931,191,000 | 1,931,191,000 | 1,718,176,000 | 1,931,084,000 | 1,965,179,000 | 1,752,710,000 | 1,752,710,000 | 1,780,398,000 | 1,780,398,000 | 1,807,605,000 | 1,807,605,000 | 1,718,176,000 | 1,872,700,000 | 2,150,322,000 | 1,887,091,000 | 1,638,733,000 | 2,011,485,000 | 1,820,583,000 | 1,458,258,000 | 1,324,394,000 | 1,186,163,000 | 1,115,833,000 | 1,145,690,000 | 889,866,000 | 817,649,000 | 627,535 | 594,004,000 | 491,599,000 | 343,390,000 | 217,862,000 | |
net profit | 499,025,000 | 325,675,000 | 176,766,000 | 442,345,000 | 296,318,000 | 176,066,000 | 518,185,000 | 326,405,000 | 139,030,000 | 121,521,000 | 259,773,000 | 143,835,000 | 19,759,000 | 39,945,000 | -74,418,000 | -110,733,000 | 39,945,000 | -429,801,000 | -311,744,000 | 247,002,000 | 244,275,000 | 244,275,000 | 140,297,000 | 140,297,000 | 89,431,000 | 89,431,000 | 247,002,000 | |||||||||||||||||||||||||||
other comprehensive loss | -15,748,000 | -15,748,000 | -15,748,000 | -9,326,000 | -9,326,000 | -9,326,000 | -9,326,000 | -11,445,000 | -11,445,000 | -11,445,000 | -18,531,000 | -18,531,000 | -18,670,000 | -24,086,000 | -8,632,000 | -8,632,000 | -8,628,000 | -5,378,000 | -5,378,000 | -5,378,000 | -5,378,000 | -4,191,000 | -4,191,000 | -8,628,000 | ||||||||||||||||||||||||||||||
total equity | 2,668,290,000 | 2,560,116,000 | 2,481,382,000 | 2,372,743,000 | 2,315,953,000 | 2,235,490,000 | 2,191,483,000 | 2,126,237,000 | 2,007,165,000 | 1,554,883,000 | 1,604,043,000 | 1,492,110,000 | 1,395,570,000 | 1,296,669,000 | 1,292,520,000 | 1,295,501,000 | 1,299,397,000 | 1,214,243,000 | 1,204,214,000 | 1,174,173,000 | 1,292,014,000 | 1,295,501,000 | 1,283,558,000 | 1,475,156,000 | 1,591,763,000 | 1,934,905,000 | 1,292,014,000 | 1,934,906,000 | 1,968,162,000 | 1,968,162,000 | 1,890,507,000 | 1,890,507,000 | 1,866,732,000 | 1,866,732,000 | 1,934,905,000 | 1,840,679,000 | 2,111,495,000 | 1,842,271,000 | 1,587,422,000 | 2,075,108,000 | 1,901,906,000 | 1,536,544,000 | ||||||||||||
total equity liabilities | 6,278,427,000 | 6,000,984,000 | 5,747,808,000 | 5,508,354,000 | 5,391,232,000 | 5,189,332,000 | 5,197,270,000 | 5,023,354,000 | 5,098,659,000 | 4,866,964,000 | 4,622,529,000 | 4,412,774,000 | 4,395,642,000 | 4,248,482,000 | 4,176,018,000 | 4,248,482,000 | 4,347,296,000 | 4,416,912,000 | 4,416,912,000 | 4,521,085,000 | 4,521,085,000 | 4,614,775,000 | 4,614,775,000 | 4,347,296,000 | ||||||||||||||||||||||||||||||
class a - 34,228,377 issued and 30,196,170 outstanding | 23,287,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,219,911 issued and 30,232,861 outstanding | 23,271,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 585,919,000 | 812,323,000 | 806,340,000 | 770,816,000 | 692,403,000 | 566,200,000 | 705,108,000 | 483,002,000 | 480,233,000 | 545,160,000 | 992,579,000 | 69,445,000 | 104,834,000 | 6,224,000 | 6,407,000 | 11,145,000 | 17,038,000 | 29,032,000 | ||||||||||||||||||||||||||||||||||||
other currents assets | 21,710,000 | 17,043,000 | 6,054,000 | 7,805,000 | 14,206,000 | 54,386,000 | 11,701,000 | 7,650,000 | 5,946,000 | 5,949,000 | ||||||||||||||||||||||||||||||||||||||||||||
non-current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets | 96,753,000 | 78,555,000 | 81,749,000 | 95,568,000 | 108,116,000 | 101,168,000 | 81,115,000 | 69,502,000 | 69,426,000 | 57,295,000 | ||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of lease liabilities | 59,103,000 | 80,084,000 | 73,917,000 | 83,605,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
trade, other payables and financial liabilities | 231,998,000 | 168,839,000 | 121,330,000 | 66,683,000 | 133,502,000 | 141,030,000 | 130,590,000 | |||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities | 270,594,000 | 158,289,000 | 104,734,000 | 146,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 217,626,000 | 220,618,000 | 206,813,000 | 216,325,000 | 191,221,000 | 137,724,000 | 123,182,000 | 51,223,000 | 43,726,000 | 44,657,000 | 37,072,000 | 38,457,000 | 37,483,000 | 16,776,000 | 13,908,000 | 8,694 | 8,694,000 | 9,775,000 | 7,713,000 | 8,790,000 | ||||||||||||||||||||||||||||||||||
issued capital | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock | 23,244,000 | 21,327,000 | 21,289,000 | 21,199,000 | 21,142,000 | 21,087,000 | 21,038,000 | 20,988,000 | 20,924,000 | 20,859,000 | 22,626,000 | 22,591,000 | 22,495,000 | 20,864,000 | 20,761,000 | 20,586,000 | 20,501,000 | 19,813,000 | ||||||||||||||||||||||||||||||||||||
class b common stock | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 8,722,000 | 8,722,000 | 8,722,000 | 8,722,000 | 9,410,000 | ||||||||||||||||||||||
additional paid in capital | 214,542,000 | 103,465,000 | 98,348,000 | 91,341,000 | 86,135,000 | 80,041,000 | 72,945,000 | 64,986,000 | 57,455,000 | 53,486,000 | 47,031,000 | 40,660,000 | 33,567,000 | 31,512,000 | 29,416,000 | 26,733,000 | 22,836,000 | 18,658,000 | 13,481 | 13,481,000 | 8,064,000 | 3,340,000 | ||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -15,748,000 | -11,445,000 | -18,670,000 | -24,082,000 | -8,628,000 | -4,227,000 | -3,888,000 | -1,872,000 | -265,000 | -4,284,000 | -1,218,000 | |||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 5,742,286,000 | 4,690,362,000 | 4,248,261,000 | 3,853,384,000 | 4,357,378,000 | 4,087,250,000 | 4,252,931,000 | 3,846,113,000 | 3,715,476,000 | 4,090,874,000 | 3,952,764,000 | 3,479,500,000 | ||||||||||||||||||||||||||||||||||||||||||
class a - 34,195,954 issued and 30,654,831 outstanding | 23,244,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,185,954 issued and 30,654,620 outstanding | 23,244,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,143,485 issued and 30,748,862 outstanding | 23,238,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefits obligations | 64,940,000 | 48,809,000 | 39,537,000 | 31,534,000 | 34,883,000 | 29,933,000 | 28,487,000 | 32,767,000 | 16,710,000 | 13,671,000 | 28,912,000 | 33,995,000 | 32,767,000 | 7,350,000 | 11,015,000 | 55,373,000 | 33,995,000 | 44,454,000 | 44,454,000 | 39,473,000 | 39,473,000 | 37,860,000 | 37,860,000 | 55,373,000 | ||||||||||||||||||||||||||||||
derivative financial instruments | 426,555,000 | 289,083,000 | 251,150,000 | 159,845,000 | 161,420,000 | 275,090,000 | 268,338,000 | 268,338,000 | 259,417,000 | 227,325,000 | 261,223,000 | 237,104,000 | 268,338,000 | 245,560,000 | 94,836,000 | 98,427,000 | 237,104,000 | |||||||||||||||||||||||||||||||||||||
class a - 34,075,142 issued and 31,090,299 outstanding | 21,367,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,075,308 issued and 31,146,012 outstanding | 21,367,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,064,142 issued and 28,367,386 outstanding | 21,366,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,064,142 issued and 28,388,261 outstanding | 21,362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net defined benefit liabilities | 7,670,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net defined benefit liability | 7,043,000 | 7,006,000 | 7,547,000 | 7,670,000 | 12,343,000 | 7,670,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,033,575 issued and 28,477,704 outstanding | 21,327,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,012,213 issued and 28,770,135 outstanding | 21,326,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 34,012,597 issued and 30,643,923 outstanding | 21,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
asset held for sale | 22,243,000 | 135,542,000 | 120,006,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 33,998,654 issued and 30,995,120 outstanding | 21,290,000 | 21,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | -18,670,000 | -24,099,000 | -18,670,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 33,998,654 issued and 31,552,671 outstanding | 21,290,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 34,157,000 | 115,303,000 | 135,542,000 | 143,466,000 | 144,836,000 | 120,006,000 | 135,542,000 | 120,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net employee defined benefit liabilities | 12,018,000 | 14,524,000 | 14,332,000 | 14,332,000 | 14,332,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
class a - 33,998,981 issued and 31,545,862 outstanding | 21,284,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity & liabilities | 4,122,088,000 | 4,067,878,000 | 3,853,384,000 | 3,888,280,000 | 4,086,199,000 | 3,853,384,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
class a - 33,998,370 issued and 31,543,037 outstanding | 21,282,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net employee defined benefit assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a -33,861,872 issued and 31,421,265 outstanding | 21,199,000 | 21,199,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net pension asset | 2,868,000 | 3,188,000 | 248,000 | 249,000 | 6,145,000 | 6,145,000 | 5,586,000 | 5,586,000 | 6,053,000 | 6,053,000 | 248,000 | 5,091,000 | 3,185,000 | 8,826,000 | 6,050,000 | 8,778,000 | 8,583,000 | 8,350,000 | 2,299,000 | 1,486 | ||||||||||||||||||||||||||||||||||
class a -33,858,511 issued and 31,417,714 outstanding | 21,196,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a -33,859,791 issued and 31,405,999 outstanding | 21,188,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 117,238,000 | 117,238,000 | 135,982,000 | 135,982,000 | 236,541,000 | 236,541,000 | 319,098,000 | 319,098,000 | 117,238,000 | 311,965,000 | 298,462,000 | 156,329,000 | 136,268,000 | 131,069,000 | 97,033,000 | 96,928,000 | 95,515,000 | 124,893,000 | 94,550,000 | 115,833 | 115,833,000 | 110,658,000 | 91,453,000 | 67,905,000 | ||||||||||||||||||||||||||||||
taxes and interest payable | 51,611,000 | 51,611,000 | 45,278,000 | 45,278,000 | 58,536,000 | 58,536,000 | 56,575,000 | 56,575,000 | 51,611,000 | 44,749,000 | 81,440,000 | 47,389,000 | 43,176,000 | 31,538,000 | 113,541,000 | 85,436,000 | 71,223,000 | 57,649,000 | 71,478,000 | 46,834,000 | 55,646,000 | 43,227,000 | 38,475 | 37,194,000 | 36,644,000 | 31,490,000 | 27,450,000 | |||||||||||||||||||||||||||
long-term debt | 938,182,000 | 938,183,000 | 965,500,000 | 965,500,000 | 1,005,385,000 | 1,005,385,000 | 1,038,050,000 | 1,038,050,000 | 938,182,000 | 975,283,000 | 876,119,000 | 913,507,000 | 1,069,836,000 | 936,657,000 | 954,758,000 | 942,128,000 | 931,594,000 | 815,020,000 | 750,971,000 | 800,196 | 800,196,000 | 732,209,000 | 529,802,000 | 402,954,000 | ||||||||||||||||||||||||||||||
class a -33,835,747 issued and 31,337,856 outstanding | 21,142,000 | 21,142,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
class a -33,825,130 issued and 31,328,697 outstanding | 21,139,000 | 21,139,000 | 21,136,000 | 21,136,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a -33,830,638 issued and 31,325,505 outstanding | 21,133,000 | 21,133,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non - current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non - current assets | 53,463,000 | 68,193,000 | 88,973,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long - term debt | 222,718,000 | 245,514,000 | 187,646,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
trade, other payable and financial liabilities | 120,437,000 | 218,969,000 | 241,438,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
non - current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
long - term debt | 961,414,000 | 1,055,183,000 | 928,964,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
expendable, parts and supplies | 62,247,000 | 59,954,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other long - term liability | 54,339,000 | 57,747,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -768,000 | 238,000 | 4,200,000 | 7,569,000 | 1,609,000 | 1,283,000 | 4,939,000 | 3,784,000 | 1,044,000 | -39,177 | -4,536,000 | 2,666,000 | ||||||||||||||||||||||||||||||||||||||||||
prepaid pension asset | 13,784,000 | 11,114,000 | 10,009,000 | 8,974,000 | 8,157,000 | 2,227,000 | 1,486,000 | 1,034,000 | 645,000 | 1,261,000 | ||||||||||||||||||||||||||||||||||||||||||||
post employment benefits liability | 11,262,000 | 6,223,000 | 6,340,000 | 5,847,000 | 5,813,000 | 5,852,000 | 5,779,000 | 2,560,000 | 2,370,000 | 2,072 | 2,072,000 | 1,894,000 | 1,701,000 | 1,283,000 | ||||||||||||||||||||||||||||||||||||||||
property, plant and equipment | 2,348,514,000 | 2,284,631,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 25,305,000 | 27,575,000 | 25,099,000 | 25,460,000 | 27,390,000 | 25,943,000 | 25,475,000 | 27,090,000 | 23,852,000 | 21,732 | 21,732,000 | 24,201,000 | 21,779,000 | 20,512,000 | ||||||||||||||||||||||||||||||||||||||||
other intangible assets | 28,214,000 | 59,382,000 | 47,047,000 | 43,465,000 | 34,973,000 | 31,865,000 | 35,484,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other assets | 100,874,000 | 1,000 | 125,409,000 | 120,206,000 | 118,579,000 | 112,190,000 | 105,765,000 | 41,693,000 | 41,569,000 | 27,866 | 27,864,000 | 27,496,000 | 18,692,000 | 15,330,000 | ||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
flight equipment | 2,036,983,000 | 1,988,613,000 | 1,934,958,000 | 1,877,838,000 | 1,782,070,000 | 1,620,177,000 | 1,439,759,000 | 1,372,352 | 1,372,352,000 | 1,188,641,000 | 857,598,000 | 628,876,000 | ||||||||||||||||||||||||||||||||||||||||||
other | 67,577,000 | 59,426,000 | 61,339,000 | 55,291,000 | 50,909,000 | 43,713,000 | 35,899,000 | |||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation | -346,656,000 | -329,228,000 | -311,124,000 | -292,864,000 | -274,940,000 | -257,046,000 | -218,108,000 | -174,835 | -174,835,000 | -137,367,000 | -104,178,000 | -79,985,000 | ||||||||||||||||||||||||||||||||||||||||||
purchase deposits for flight equipment | 242,287,000 | 241,748,000 | 175,888,000 | 176,096,000 | 205,972,000 | 194,971,000 | 198,697,000 | 84,861 | 84,861,000 | 64,079,000 | 65,150,000 | 52,753,000 | ||||||||||||||||||||||||||||||||||||||||||
total property and equipment | 2,000,191,000 | 1,968,036,000 | 1,864,097,000 | 1,822,631,000 | 1,772,528,000 | 1,625,344,000 | 1,481,687,000 | 1,337,669 | 1,337,669,000 | 1,166,262,000 | 862,283,000 | 637,543,000 | ||||||||||||||||||||||||||||||||||||||||||
other assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other assets | 206,529,000 | 200,160,000 | 201,503,000 | 190,354,000 | 182,862,000 | 110,802,000 | 102,621,000 | 82,949 | 82,947,000 | 88,215,000 | 73,049,000 | 68,401,000 | ||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 1,389,531,000 | 865,628,000 | 632,432,000 | 531,637,000 | 371,669,000 | 245,867,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 3,065,796,000 | 2,092,869,000 | 1,954,225,000 | 1,707,251,000 | 1,255,015,000 | 916,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
expendable parts and supplies, net of allowance for obsolescence | 46,628,000 | 44,932,000 | 47,884,000 | 40,086,000 | 18,405 | |||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
owned property and equipment: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other equipment | 66,902,000 | 64,374,000 | 61,561,000 | 67,242,000 | 55,291 | |||||||||||||||||||||||||||||||||||||||||||||||||
intangible asset | 45,717,000 | 46,951,000 | 43,871,000 | 39,720,000 | 31,865 | |||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholder's equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 33,341,822 shares issued and outstanding | 22,496,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 10,938,125 shares issued and outstanding | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 1,248,920,000 | 1,180,150,000 | 1,206,168,000 | 943,502,000 | 631,322 | |||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 2,876,322,000 | 2,764,766,000 | 2,684,846,000 | 2,302,560,000 | 1,954,221 | |||||||||||||||||||||||||||||||||||||||||||||||||
class a - 33,025,284 shares issued and outstanding | 22,496,000 | 22,495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding, no par value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 32,656,660 shares issued and outstanding | 22,291,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
expendable parts and supplies, net of allowance for obsolescence of 78 and 53 as of december 31, 2009 and 2008, respectively | 23,327,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class a - 31,031,129 shares issued and 30,416,141 shares outstanding | 20,761 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class b - 12,778,125 shares issued and outstanding | 8,722 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
expendable parts and supplies, net of allowance for obsolescence of of 53 and 35 as of december 31, 2008 and 2007, respectively | 18,405,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
expendable parts and supplies, net of allowance for obsolescence of of 35 and 21 as of december 31, 2007 and 2006, respectively | 14,088,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
expendable parts and supplies, net of allowance for obsolescence of of 21 and 9 as of december 31, 2006 and 2005, respectively | 8,667,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangible asset | 31,933,000 | 31,298,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
expendable parts and supplies, net of allowance for obsolescence of 9 and 1,739 as of december 31, 2005 and 2004, respectively | 4,070,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-11-16 | 2023-08-10 | 2023-05-11 | 2022-12-31 | 2022-08-04 | 2022-05-12 | 2022-03-31 | 2022-02-10 | 2021-11-18 | 2021-08-05 | 2021-05-06 | 2020-06-30 | 2020-02-13 | 2019-11-14 | 2019-08-08 | 2019-05-09 | 2019-02-14 | 2018-11-15 | 2018-08-09 | 2018-05-10 | 2018-03-31 | 2018-02-22 | 2017-11-09 | 2017-08-09 | 2017-05-10 | 2017-02-15 | 2016-11-08 | 2016-08-03 | 2016-03-31 | 2016-02-17 | 2015-11-12 | 2015-08-12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net cash flow from operating activities | |||||||||||||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||||
net acquisition of investments | |||||||||||||||||||||||||||||||||||||
net cash flow related to advance payments on aircraft purchase contracts | |||||||||||||||||||||||||||||||||||||
acquisition of property and equipment | |||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | |||||||||||||||||||||||||||||||||||||
acquisition of intangible assets | |||||||||||||||||||||||||||||||||||||
cash flow used in investing activities | -32,863,000 | -129,541,000 | -105,907,000 | -74,198,000 | -74,198,000 | -344,088,000 | -74,800,000 | -245,595,000 | -223,658,000 | ||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||
proceeds from new borrowings | |||||||||||||||||||||||||||||||||||||
payments on loans and borrowings | |||||||||||||||||||||||||||||||||||||
payment of lease liability | |||||||||||||||||||||||||||||||||||||
repurchase of treasury shares | |||||||||||||||||||||||||||||||||||||
dividends paid | |||||||||||||||||||||||||||||||||||||
cash flow used in financing activities | -446,953,000 | -236,604,000 | -174,670,000 | -113,029,000 | -113,029,000 | -204,757,000 | -260,533,000 | -176,614,000 | -119,743,000 | -248,625,000 | -197,677,000 | -139,539,000 | -71,652,000 | -91,650,000 | -28,017,000 | ||||||||||||||||||||||
net increase in cash and cash equivalents | 37,933,000 | 69,131,000 | -68,061,000 | -13,463,000 | -42,208,000 | -42,208,000 | -55,583,000 | -82,094,000 | -88,042,000 | -61,791,000 | 166,056,000 | 17,088,000 | 2,902,000 | 5,238,000 | -7,317,000 | -85,897,000 | -31,115,000 | ||||||||||||||||||||
cash and cash equivalents as of january 1 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents as of september 30 | |||||||||||||||||||||||||||||||||||||
short-term investments | 751,525,000 | 758,560,000 | 748,239,000 | 630,640,000 | 708,809,000 | 754,799,000 | 833,576,000 | 773,493,000 | 801,132,000 | 771,074,000 | 771,074,000 | 806,340,000 | 901,645,000 | 925,680,000 | 898,453,000 | 536,084,000 | 523,134,000 | 556,127,000 | 579,246,000 | 604,869,000 | 650,110,000 | 650,110,000 | 705,108,000 | 565,994,000 | 679,991,000 | 570,497,000 | |||||||||||
long-term investments | 425,821,000 | 219,731,000 | 258,379,000 | 301,192,000 | 258,934,000 | 177,835,000 | 222,282,000 | 166,481,000 | 140,374,000 | 204,810,000 | 204,810,000 | 199,670,000 | 96,955,000 | 99,235,000 | 111,001,000 | 124,169,000 | 144,072,000 | 128,992,000 | 165,856,000 | 171,356,000 | 155,313,000 | 155,313,000 | 65,953,000 | ||||||||||||||
total cash and cash equivalents and investments as of september 30 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents as of june 30 | |||||||||||||||||||||||||||||||||||||
total cash and cash equivalents and investments as of june 30 | |||||||||||||||||||||||||||||||||||||
assets | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 164,820,000 | 275,245,000 | 200,635,000 | 170,525,000 | 206,375,000 | 236,878,000 | 281,863,000 | 242,314,000 | 134,125,000 | 249,014,000 | 211,081,000 | 290,231,000 | 256,764,000 | 193,801,000 | 225,289,000 | 226,140,000 | 212,267,000 | ||||||||||||||||||||
total cash, cash equivalents and short-term investments | 916,345,000 | 1,033,805,000 | 948,874,000 | 801,165,000 | 915,184,000 | 991,677,000 | 1,115,439,000 | 1,015,807,000 | 935,257,000 | 1,020,088,000 | 1,017,421,000 | 1,191,876,000 | 1,182,444,000 | 1,092,254,000 | 761,374,000 | 749,275,000 | 768,394,000 | ||||||||||||||||||||
accounts receivable | 172,525,000 | 201,327,000 | 186,902,000 | 192,486,000 | 156,720,000 | 169,386,000 | 162,333,000 | 165,111,000 | -206,889,000 | 155,322,000 | 125,989,000 | 90,618,000 | 110,035,000 | 103,956,000 | 68,436,000 | 138,249,000 | 159,004,000 | 157,101,000 | |||||||||||||||||||
accounts receivable from related parties | 5,526,000 | 2,782,000 | 2,637,000 | 2,433,000 | 2,527,000 | 2,416,000 | 2,388,000 | 1,833,000 | -2,495,000 | 1,767,000 | 1,598,000 | 1,832,000 | 1,562,000 | 1,383,000 | 1,042,000 | 2,850,000 | 3,225,000 | 2,329,000 | |||||||||||||||||||
expendable parts and supplies | 145,040,000 | 123,571,000 | 116,578,000 | 116,919,000 | 116,604,000 | 108,546,000 | 104,332,000 | 101,680,000 | 88,980,000 | 80,690,000 | 74,778,000 | 71,419,000 | 70,867,000 | 72,992,000 | 93,081,000 | 93,496,000 | 91,082,000 | ||||||||||||||||||||
prepaid expenses | 51,568,000 | 40,422,000 | 44,134,000 | 55,495,000 | 44,635,000 | 44,189,000 | 46,025,000 | 49,917,000 | 42,029,000 | 34,268,000 | 31,148,000 | 25,650,000 | 25,444,000 | 27,556,000 | 53,430,000 | 52,522,000 | 98,420,000 | ||||||||||||||||||||
prepaid income tax | 4,159,000 | 5,802,000 | 98,000 | 88,000 | 66,000 | 139,000 | 335,000 | 370,000 | 15,832,000 | 16,095,000 | 882,000 | 632,000 | 14,264,000 | 16,189,000 | 916,000 | 3,610,000 | 6,014,000 | ||||||||||||||||||||
other current assets | 26,461,000 | 23,708,000 | 21,375,000 | 32,548,000 | 32,227,000 | 25,671,000 | 21,855,000 | 23,665,000 | -56,969,000 | 8,127,000 | 6,497,000 | 6,054,000 | 7,216,000 | 7,825,000 | 6,908,000 | 19,156,000 | 26,342,000 | 37,959,000 | |||||||||||||||||||
total current assets | 1,321,625,000 | 1,431,416,000 | 1,320,598,000 | 1,201,133,000 | 1,267,963,000 | 1,342,024,000 | 1,452,707,000 | 1,358,383,000 | 1,247,314,000 | 1,285,225,000 | 1,222,733,000 | 1,430,633,000 | 1,440,339,000 | 1,400,679,000 | 1,069,057,000 | 1,087,474,000 | 1,161,300,000 | ||||||||||||||||||||
long-term prepaid expenses | 7,648,000 | 8,849,000 | 7,766,000 | 9,471,000 | 9,633,000 | 9,475,000 | 8,832,000 | 6,494,000 | 9,785,000 | 6,195,000 | 22,783,000 | 22,688,000 | 6,554,000 | 5,680,000 | 16,551,000 | 28,874,000 | 25,608,000 | ||||||||||||||||||||
property and equipment | 3,564,026,000 | 3,363,353,000 | 3,326,243,000 | 3,286,848,000 | 3,239,078,000 | 3,069,652,000 | 3,025,624,000 | 2,967,611,000 | 2,755,741,000 | 2,625,393,000 | 2,512,704,000 | 2,306,626,000 | 2,255,792,000 | 2,215,264,000 | 2,738,111,000 | 2,754,928,000 | 2,778,265,000 | ||||||||||||||||||||
right of use assets | 293,337,000 | 337,684,000 | 341,009,000 | 259,283,000 | 281,146,000 | 291,446,000 | 258,268,000 | 238,269,000 | 137,339,000 | 149,230,000 | 166,328,000 | 183,354,000 | 178,103,000 | 193,553,000 | 317,423,000 | 339,244,000 | 356,987,000 | ||||||||||||||||||||
intangible | 97,483,000 | 94,097,000 | 92,715,000 | 88,312,000 | 87,986,000 | 85,711,000 | 82,919,000 | 80,765,000 | 77,302,000 | 78,381,000 | 81,749,000 | 84,530,000 | 88,031,000 | 91,316,000 | 108,474,000 | 107,399,000 | 104,938,000 | ||||||||||||||||||||
net defined benefit assets | 1,513,000 | 6,442,000 | 6,204,000 | 5,373,000 | 5,346,000 | 2,303,000 | 1,732,000 | 1,048,000 | |||||||||||||||||||||||||||||
deferred tax assets | 15,695,000 | 22,729,000 | 21,497,000 | 20,999,000 | 30,136,000 | 27,473,000 | 29,499,000 | 31,636,000 | 29,874,000 | 30,911,000 | 28,417,000 | 36,432,000 | 37,854,000 | 35,413,000 | 17,617,000 | 17,343,000 | 17,489,000 | ||||||||||||||||||||
other non-current assets | 20,661,000 | 24,053,000 | 16,821,000 | 16,722,000 | 17,048,000 | 17,435,000 | 16,796,000 | 16,277,000 | 15,045,000 | 15,497,000 | 14,098,000 | 14,788,000 | 15,136,000 | 13,917,000 | 17,422,000 | 34,223,000 | 33,966,000 | ||||||||||||||||||||
total non-current assets | 4,426,183,000 | 4,076,938,000 | 4,070,634,000 | 3,988,199,000 | 3,929,307,000 | 3,681,330,000 | 3,645,952,000 | 3,508,581,000 | 3,165,461,000 | 3,110,417,000 | 3,025,749,000 | 2,745,385,000 | 2,681,748,000 | 2,667,199,000 | 3,347,855,000 | 3,433,612,000 | 3,453,475,000 | ||||||||||||||||||||
total assets | 5,747,808,000 | 5,508,354,000 | 5,391,232,000 | 5,189,332,000 | 5,197,270,000 | 5,023,354,000 | 5,098,659,000 | 4,866,964,000 | 4,412,774,000 | 4,395,642,000 | 4,248,482,000 | 4,176,018,000 | 4,122,088,000 | 4,067,878,000 | 4,416,912,000 | 4,521,085,000 | 4,614,775,000 | ||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||||||||||
loans and borrowings | 232,447,000 | 205,144,000 | 226,513,000 | 233,110,000 | 222,430,000 | 260,164,000 | 445,083,000 | 144,203,000 | 148,158,000 | 151,234,000 | 196,602,000 | 154,140,000 | 153,515,000 | 157,393,000 | |||||||||||||||||||||||
current portion of lease liability | 60,156,000 | 59,779,000 | 59,743,000 | 64,465,000 | 68,304,000 | 69,001,000 | 71,940,000 | 77,412,000 | 75,494,000 | 74,571,000 | 73,917,000 | 74,526,000 | 79,573,000 | 81,309,000 | 99,838,000 | 100,105,000 | 101,382,000 | ||||||||||||||||||||
accounts payable | 188,886,000 | 175,443,000 | 193,427,000 | 204,237,000 | 182,303,000 | 179,052,000 | 161,880,000 | 163,236,000 | -101,487,000 | 142,711,000 | 126,899,000 | 112,596,000 | 101,201,000 | 97,355,000 | 75,917,000 | 101,108,000 | 87,672,000 | 110,251,000 | |||||||||||||||||||
accounts payable to related parties | 1,012,000 | 1,312,000 | 3,913,000 | 1,658,000 | 1,228,000 | 1,574,000 | 2,340,000 | 1,944,000 | 27,400,000 | 19,113,000 | 7,948,000 | 10,088,000 | 4,661,000 | 4,538,000 | 14,002,000 | 13,172,000 | 35,675,000 | ||||||||||||||||||||
air traffic liability | 607,457,000 | 639,211,000 | 640,643,000 | 579,476,000 | 605,900,000 | 658,246,000 | 649,054,000 | 611,437,000 | -642,107,000 | 711,135,000 | 625,309,000 | 557,331,000 | 553,252,000 | 538,768,000 | 475,084,000 | 504,921,000 | 526,299,000 | 490,826,000 | |||||||||||||||||||
frequent flyer deferred revenue | 142,773,000 | 136,520,000 | 127,024,000 | 132,132,000 | 126,677,000 | 121,732,000 | 114,570,000 | 114,976,000 | -89,501,000 | 100,230,000 | 97,040,000 | 95,114,000 | 94,748,000 | 93,036,000 | 92,992,000 | 78,021,000 | 74,425,000 | 70,507,000 | |||||||||||||||||||
taxes payable | 60,599,000 | 41,535,000 | 53,642,000 | 53,565,000 | 44,210,000 | 39,939,000 | 49,178,000 | 67,122,000 | 43,650,000 | 40,557,000 | 32,599,000 | 34,200,000 | 29,587,000 | 18,267,000 | |||||||||||||||||||||||
accrued expenses payable | 33,074,000 | 50,085,000 | 41,417,000 | 34,214,000 | |||||||||||||||||||||||||||||||||
income tax payable | 12,861,000 | 7,331,000 | 6,630,000 | 16,365,000 | 26,956,000 | 19,046,000 | 14,814,000 | 12,414,000 | 4,993,000 | 4,293,000 | 3,835,000 | 2,473,000 | 1,912,000 | 1,422,000 | 4,683,000 | ||||||||||||||||||||||
other current liabilities | 1,831,000 | 1,320,000 | 737,000 | 1,468,000 | 1,403,000 | 1,236,000 | 757,000 | 1,366,000 | 592,000 | 1,206,000 | 785,000 | 2,606,000 | 3,801,000 | 197,000 | 203,000 | 277,000 | 476,000 | ||||||||||||||||||||
total current liabilities | 1,341,097,000 | 1,317,680,000 | 1,353,688,000 | 1,320,689,000 | 1,344,351,000 | 1,398,799,000 | 1,975,708,000 | 1,225,644,000 | 1,284,295,000 | 1,168,709,000 | 1,113,493,000 | 1,043,943,000 | 1,015,879,000 | 936,033,000 | 1,028,490,000 | 1,136,501,000 | 1,222,652,000 | ||||||||||||||||||||
loans and borrowings long-term | 1,390,774,000 | 1,298,106,000 | 1,241,684,000 | 1,198,017,000 | 1,240,261,000 | 1,110,284,000 | 1,107,037,000 | 1,327,441,000 | 1,350,239,000 | 1,329,125,000 | 1,229,031,000 | 1,253,536,000 | 1,283,447,000 | 1,308,987,000 | |||||||||||||||||||||||
lease liability | 255,831,000 | 295,777,000 | 296,402,000 | 198,387,000 | 215,353,000 | 224,140,000 | 186,558,000 | 162,029,000 | 72,745,000 | 86,787,000 | 104,734,000 | 122,692,000 | 112,003,000 | 126,436,000 | 231,079,000 | 253,057,000 | 269,597,000 | ||||||||||||||||||||
deferred tax liabilities | 48,803,000 | 57,297,000 | 47,457,000 | 45,742,000 | 36,594,000 | 44,343,000 | 34,710,000 | 25,783,000 | 18,919,000 | 18,885,000 | 18,782,000 | 18,104,000 | 19,534,000 | 20,862,000 | 44,761,000 | 60,455,000 | 47,246,000 | ||||||||||||||||||||
other long - term liabilities | 229,921,000 | 223,541,000 | 216,512,000 | 235,014,000 | 234,474,000 | 238,623,000 | 239,763,000 | 232,941,000 | 221,480,000 | 216,979,000 | 210,933,000 | 251,741,000 | 247,668,000 | 225,642,000 | 178,920,000 | 175,180,000 | 170,498,000 | ||||||||||||||||||||
total non-current liabilities | 1,925,329,000 | 1,874,721,000 | 1,802,054,000 | 1,677,161,000 | 1,726,682,000 | 1,617,390,000 | 1,568,068,000 | 2,037,277,000 | 1,831,810,000 | 1,934,413,000 | 1,839,487,000 | 1,917,832,000 | 1,901,994,000 | 1,957,673,000 | 1,420,260,000 | 1,494,077,000 | 1,525,390,000 | ||||||||||||||||||||
total liabilities | 3,266,426,000 | 3,192,400,000 | 3,155,742,000 | 2,997,850,000 | 3,071,033,000 | 3,016,189,000 | 3,543,776,000 | 3,262,921,000 | 3,116,105,000 | 3,103,122,000 | 2,952,981,000 | 2,961,775,000 | 2,917,874,000 | 2,893,705,000 | 2,448,750,000 | 2,630,578,000 | 2,748,042,000 | ||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||
class a - 34,219,911 issued and 30,232,861 outstanding | 23,271,000 | ||||||||||||||||||||||||||||||||||||
class b - 10,938,125 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | |||||||||||||||||||||||||
additional paid-in capital | 216,435,000 | 212,877,000 | 211,260,000 | 210,157,000 | 210,936,000 | 209,836,000 | 105,551,000 | 104,606,000 | 100,945,000 | 99,849,000 | 98,348,000 | 96,463,000 | 94,588,000 | 92,608,000 | 84,338,000 | 82,976,000 | 81,675,000 | ||||||||||||||||||||
treasury stock | -294,993,000 | -254,532,000 | -254,532,000 | -244,311,000 | -204,130,000 | -199,379,000 | -360,001,000 | -357,087,000 | -326,239,000 | -205,074,000 | -176,902,000 | -136,483,000 | -136,388,000 | -136,388,000 | -136,388,000 | -136,388,000 | |||||||||||||||||||||
retained earnings | 2,368,185,000 | 1,893,880,000 | 1,961,060,000 | 2,028,194,000 | 1,581,739,000 | 1,652,915,000 | 1,652,916,000 | 1,717,620,000 | 1,367,868,000 | 1,367,866,000 | 1,324,025,000 | 1,324,025,000 | 1,324,025,000 | 1,324,025,000 | 1,752,710,000 | 1,780,398,000 | 1,807,605,000 | ||||||||||||||||||||
net profit | 176,766,000 | 442,345,000 | 296,318,000 | 176,066,000 | 518,185,000 | 326,405,000 | 139,030,000 | 121,521,000 | 88,281,000 | 143,835,000 | 19,759,000 | 39,945,000 | -74,418,000 | -110,733,000 | 247,002,000 | 244,275,000 | 140,297,000 | 89,431,000 | 88,096,000 | ||||||||||||||||||
other comprehensive loss | -15,748,000 | -9,326,000 | -9,326,000 | -9,326,000 | -9,326,000 | -11,445,000 | -11,445,000 | -11,445,000 | -18,531,000 | -18,670,000 | -24,086,000 | -5,378,000 | -5,378,000 | -4,191,000 | |||||||||||||||||||||||
total equity | 2,481,382,000 | 2,315,953,000 | 2,235,490,000 | 2,191,483,000 | 2,126,237,000 | 2,007,165,000 | 1,554,883,000 | 1,604,043,000 | 1,296,669,000 | 1,292,520,000 | 1,295,501,000 | 1,214,243,000 | 1,204,214,000 | 1,174,173,000 | 1,968,162,000 | 1,890,507,000 | 1,866,732,000 | ||||||||||||||||||||
total equity liabilities | 5,747,808,000 | 5,508,354,000 | 5,391,232,000 | 5,189,332,000 | 5,197,270,000 | 5,023,354,000 | 5,098,659,000 | 4,866,964,000 | 4,412,774,000 | 4,395,642,000 | 4,248,482,000 | 4,176,018,000 | 4,416,912,000 | 4,521,085,000 | 4,614,775,000 | ||||||||||||||||||||||
cash flow from operating activities | 548,947,000 | 298,084,000 | 267,114,000 | 145,019,000 | 145,019,000 | 727,333,000 | 522,527,000 | 330,227,000 | 132,752,000 | 586,590,000 | 384,822,000 | 267,049,000 | 118,934,000 | 329,928,000 | 236,743,000 | 194,620,000 | |||||||||||||||||||||
cash flow (used in) investing activities | |||||||||||||||||||||||||||||||||||||
cash flow (used in) financing activities | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at january 1 | 211,081,000 | 156,158,000 | 238,792,000 | 238,792,000 | 238,792,000 | 238,792,000 | 331,687,000 | 331,687,000 | 331,687,000 | 331,687,000 | 204,715,000 | 204,715,000 | 204,715,000 | 204,715,000 | 221,443,000 | ||||||||||||||||||||||
cash and cash equivalents at march 31 | 249,014,000 | 196,584,000 | 196,584,000 | 269,896,000 | 209,953,000 | ||||||||||||||||||||||||||||||||
total cash and cash equivalents and investments at march 31 | 1,224,898,000 | 1,002,007,000 | 1,002,007,000 | 841,347,000 | 723,933,000 | ||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||||||
adjustments for: | |||||||||||||||||||||||||||||||||||||
income tax expense | 46,437,000 | 34,530,000 | |||||||||||||||||||||||||||||||||||
finance cost | -57,432,000 | -35,850,000 | |||||||||||||||||||||||||||||||||||
finance income | 24,405,000 | 23,628,000 | |||||||||||||||||||||||||||||||||||
depreciation and amortization | 282,081,000 | 169,436,000 | |||||||||||||||||||||||||||||||||||
disposal of non financial assets | |||||||||||||||||||||||||||||||||||||
impairment of financial assets | |||||||||||||||||||||||||||||||||||||
allowance for obsolescence | |||||||||||||||||||||||||||||||||||||
share-based compensation expense | |||||||||||||||||||||||||||||||||||||
unrealized losses in fair value of derivatives | |||||||||||||||||||||||||||||||||||||
unrealized loss on investment | |||||||||||||||||||||||||||||||||||||
net foreign exchange differences | |||||||||||||||||||||||||||||||||||||
provisions | |||||||||||||||||||||||||||||||||||||
change in: | |||||||||||||||||||||||||||||||||||||
other assets | |||||||||||||||||||||||||||||||||||||
accounts payable from related parties | |||||||||||||||||||||||||||||||||||||
other liabilities | |||||||||||||||||||||||||||||||||||||
cash from operating activities | |||||||||||||||||||||||||||||||||||||
capital expenditures | |||||||||||||||||||||||||||||||||||||
free cash flows | |||||||||||||||||||||||||||||||||||||
income tax paid | |||||||||||||||||||||||||||||||||||||
interest paid | |||||||||||||||||||||||||||||||||||||
interest received | |||||||||||||||||||||||||||||||||||||
net cash from operating activities | |||||||||||||||||||||||||||||||||||||
acquisition of investments | |||||||||||||||||||||||||||||||||||||
proceeds from redemption and sale of investments | |||||||||||||||||||||||||||||||||||||
advance payments on aircraft purchase contracts | |||||||||||||||||||||||||||||||||||||
reimbursement of advance payments on aircraft purchase contracts | |||||||||||||||||||||||||||||||||||||
net cash from investing activities | |||||||||||||||||||||||||||||||||||||
payment of convertible notes | |||||||||||||||||||||||||||||||||||||
net cash from financing activities | |||||||||||||||||||||||||||||||||||||
effect of exchange rate change on cash | -11,465,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at december 31 | 238,792,000 | 331,687,000 | 207,437,000 | 221,443,000 | |||||||||||||||||||||||||||||||||
class a - 34,195,954 issued and 30,654,831 outstanding | 23,244,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents on january 1 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at september 30 | 225,289,000 | 170,731,000 | 249,593,000 | 221,803,000 | |||||||||||||||||||||||||||||||||
total cash and cash equivalents and investments at september 30 | 885,542,000 | 915,833,000 | 971,540,000 | 773,387,000 | 1,082,743,000 | ||||||||||||||||||||||||||||||||
class a - 34,185,954 issued and 30,654,620 outstanding | 23,244,000 | ||||||||||||||||||||||||||||||||||||
cash flow (used in) from financing activities | -10,888,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at june 30 | 225,329,000 | 243,645,000 | 207,617,000 | ||||||||||||||||||||||||||||||||||
total cash and cash equivalents and investments at june 30 | 1,001,554,000 | 924,589,000 | 764,744,000 | 1,153,720,000 | |||||||||||||||||||||||||||||||||
class a - 34,143,485 issued and 30,748,862 outstanding | 23,238,000 | ||||||||||||||||||||||||||||||||||||
net (decrease) increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
employee benefits obligations | 64,940,000 | 48,809,000 | 39,537,000 | 31,534,000 | 29,933,000 | 28,487,000 | 32,767,000 | 16,710,000 | 13,671,000 | 28,912,000 | 44,454,000 | 39,473,000 | 37,860,000 | ||||||||||||||||||||||||
derivative financial instruments | 426,555,000 | 289,083,000 | 161,420,000 | 275,090,000 | 268,338,000 | 259,417,000 | 227,325,000 | 261,223,000 | |||||||||||||||||||||||||||||
class a - 34,075,142 issued and 31,090,299 outstanding | 21,367,000 | ||||||||||||||||||||||||||||||||||||
total cash and cash equivalents and investments at december 31 | 1,009,853,000 | 815,642,000 | 1,106,368,000 | ||||||||||||||||||||||||||||||||||
class a - 34,075,308 issued and 31,146,012 outstanding | 21,367,000 | ||||||||||||||||||||||||||||||||||||
cash flow from (used in) from financing activities | |||||||||||||||||||||||||||||||||||||
class a - 34,064,142 issued and 28,367,386 outstanding | 21,366,000 | ||||||||||||||||||||||||||||||||||||
class a - 34,064,142 issued and 28,388,261 outstanding | 21,362,000 | ||||||||||||||||||||||||||||||||||||
(reversal) impairment of non financial assets | |||||||||||||||||||||||||||||||||||||
allowance for obsolescence of expendable parts and supplies | |||||||||||||||||||||||||||||||||||||
net change in fair value of derivatives | |||||||||||||||||||||||||||||||||||||
other liability | |||||||||||||||||||||||||||||||||||||
proceeds from issue of convertible notes, net of costs | |||||||||||||||||||||||||||||||||||||
net cash (used) from in financing activities | |||||||||||||||||||||||||||||||||||||
net defined benefit liability | 7,006,000 | 7,547,000 | 7,670,000 | 12,343,000 | |||||||||||||||||||||||||||||||||
class a - 34,033,575 issued and 28,477,704 outstanding | |||||||||||||||||||||||||||||||||||||
copa holdings, s. a. and subsidiaries | |||||||||||||||||||||||||||||||||||||
consolidated statement of cash flows | |||||||||||||||||||||||||||||||||||||
for the nine months ended september 30, | |||||||||||||||||||||||||||||||||||||
cash flow from (used in) operating activities | 169,336,000 | ||||||||||||||||||||||||||||||||||||
class a - 34,012,213 issued and 28,770,135 outstanding | 21,326,000 | ||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||
long-term accounts receivable | 12,000 | 1,042,000 | 1,054,000 | 1,942,000 | 1,942,000 | 1,177,000 | |||||||||||||||||||||||||||||||
class a - 34,012,597 issued and 30,643,923 outstanding | 21,324,000 | ||||||||||||||||||||||||||||||||||||
for the three months ended march 31, | |||||||||||||||||||||||||||||||||||||
cash flow (used in) from investing activities | -120,515,000 | -578,159,000 | -171,909,000 | -170,057,000 | -124,608,000 | -42,044,000 | |||||||||||||||||||||||||||||||
asset held for sale | 22,243,000 | ||||||||||||||||||||||||||||||||||||
issued capital | |||||||||||||||||||||||||||||||||||||
class a - 33,998,654 issued and 30,995,120 outstanding | 21,290,000 | ||||||||||||||||||||||||||||||||||||
other comprehensive income | -18,670,000 | -24,099,000 | |||||||||||||||||||||||||||||||||||
cash flow from financing activities | |||||||||||||||||||||||||||||||||||||
(reversal) impairment of non finacial assets | |||||||||||||||||||||||||||||||||||||
proceeds from redemption of investments | |||||||||||||||||||||||||||||||||||||
advance payments on aircraft purchase contracts and other | |||||||||||||||||||||||||||||||||||||
net cash from (used) in financing activities | |||||||||||||||||||||||||||||||||||||
class a - 33,998,654 issued and 31,552,671 outstanding | 21,290,000 | ||||||||||||||||||||||||||||||||||||
assets held for sale | 34,157,000 | 115,303,000 | |||||||||||||||||||||||||||||||||||
net employee defined benefit liabilities | 12,018,000 | 14,524,000 | |||||||||||||||||||||||||||||||||||
class a - 33,998,981 issued and 31,545,862 outstanding | 21,284,000 | ||||||||||||||||||||||||||||||||||||
class b common stock - 10,938,125 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | 7,466,000 | ||||||||||||||||||||||||||||||||
net loss | |||||||||||||||||||||||||||||||||||||
total equity & liabilities | 4,122,088,000 | 4,067,878,000 | |||||||||||||||||||||||||||||||||||
class a - 33,998,370 issued and 31,543,037 outstanding | 21,282,000 | ||||||||||||||||||||||||||||||||||||
cash flow (used in) from operating activities | |||||||||||||||||||||||||||||||||||||
operating revenues | |||||||||||||||||||||||||||||||||||||
passenger revenue | 2,612,605,000 | 2,587,389,000 | |||||||||||||||||||||||||||||||||||
cargo and mail revenue | 62,460,000 | 62,483,000 | |||||||||||||||||||||||||||||||||||
other operating revenue | 32,343,000 | 27,755,000 | |||||||||||||||||||||||||||||||||||
total operating revenue | 2,707,409,000 | 2,677,627,000 | |||||||||||||||||||||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||
fuel | 696,249,000 | 765,781,000 | |||||||||||||||||||||||||||||||||||
wages, salaries, benefits and other employees' expenses | 443,287,000 | ||||||||||||||||||||||||||||||||||||
passenger servicing | 102,103,000 | 104,346,000 | |||||||||||||||||||||||||||||||||||
airport facilities and handling charges | 181,959,000 | 186,422,000 | |||||||||||||||||||||||||||||||||||
sales and distribution | 210,623,000 | 210,158,000 | |||||||||||||||||||||||||||||||||||
maintenance, materials and repairs | 127,562,000 | 111,677,000 | |||||||||||||||||||||||||||||||||||
flight operations | 102,806,000 | 108,437,000 | |||||||||||||||||||||||||||||||||||
other operating and administrative expenses | 118,090,000 | 101,812,000 | |||||||||||||||||||||||||||||||||||
total operating expense | 2,361,255,000 | 2,532,588,000 | |||||||||||||||||||||||||||||||||||
operating profit | 346,154,000 | 145,039,000 | |||||||||||||||||||||||||||||||||||
non-operating income: | |||||||||||||||||||||||||||||||||||||
gain on foreign currency fluctuations | -15,408,000 | -9,952,000 | |||||||||||||||||||||||||||||||||||
other non-operating income | -4,279,000 | -239,000 | |||||||||||||||||||||||||||||||||||
total non-operating income | -52,715,000 | -22,413,000 | |||||||||||||||||||||||||||||||||||
profit before taxes | 293,439,000 | 122,626,000 | |||||||||||||||||||||||||||||||||||
eps | |||||||||||||||||||||||||||||||||||||
basic | |||||||||||||||||||||||||||||||||||||
shares used for calculation: | |||||||||||||||||||||||||||||||||||||
consolidated statement of financial position | |||||||||||||||||||||||||||||||||||||
net employee defined benefit assets | |||||||||||||||||||||||||||||||||||||
class a -33,861,872 issued and 31,421,265 outstanding | |||||||||||||||||||||||||||||||||||||
for the twelve months ended december 31, | |||||||||||||||||||||||||||||||||||||
cash flow from (used in) financing activities | |||||||||||||||||||||||||||||||||||||
impairment of non finacial assets | |||||||||||||||||||||||||||||||||||||
net pension asset | 6,145,000 | 5,586,000 | 6,053,000 | ||||||||||||||||||||||||||||||||||
class a -33,859,791 issued and 31,405,999 outstanding | |||||||||||||||||||||||||||||||||||||
for the six months ended june 30, | |||||||||||||||||||||||||||||||||||||
wages, salaries, benefits and other employees’ expenses | 450,438,000 | ||||||||||||||||||||||||||||||||||||
fleet impairment | 89,344,000 | 188,624,000 | |||||||||||||||||||||||||||||||||||
eps - basic and diluted | 5,810 | 2,070 | |||||||||||||||||||||||||||||||||||
shares - basic and diluted | 42,483,048,000 | 42,456,032,000 | |||||||||||||||||||||||||||||||||||
impairment of non financial assets | |||||||||||||||||||||||||||||||||||||
disposal of assets | |||||||||||||||||||||||||||||||||||||
derivative instruments mark to market | |||||||||||||||||||||||||||||||||||||
proceeds from exercise of share options | |||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 135,982,000 | 236,541,000 | 319,098,000 | ||||||||||||||||||||||||||||||||||
taxes and interest payable | 45,278,000 | 58,536,000 | 56,575,000 | ||||||||||||||||||||||||||||||||||
long-term debt | 965,500,000 | 1,005,385,000 | 1,038,050,000 | ||||||||||||||||||||||||||||||||||
class a -33,825,130 issued and 31,328,697 outstanding | 21,139,000 | 21,136,000 | |||||||||||||||||||||||||||||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||
class a -33,830,638 issued and 31,325,505 outstanding | 21,133,000 | ||||||||||||||||||||||||||||||||||||
aircraft rentals and other rentals | 132,534,000 | ||||||||||||||||||||||||||||||||||||
cargo and courier expenses | 10,074,000 | ||||||||||||||||||||||||||||||||||||
restricted cash | |||||||||||||||||||||||||||||||||||||
payments on loans, borrowings and finance leases | |||||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents * | |||||||||||||||||||||||||||||||||||||
depreciation, amortization and impairment | |||||||||||||||||||||||||||||||||||||
loss on sale of property and equipment | |||||||||||||||||||||||||||||||||||||
impairment of accounts receivable | |||||||||||||||||||||||||||||||||||||
net cash (used in) from investing activities | |||||||||||||||||||||||||||||||||||||
long-term investments * | 155,953,000 | 953,000 | 954,000 | ||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents ** | |||||||||||||||||||||||||||||||||||||
cash flow used in from investing activities | -241,655,000 | ||||||||||||||||||||||||||||||||||||
short-term investments * | 483,002,000 | 540,502,000 | 535,484,000 | 457,505,000 | |||||||||||||||||||||||||||||||||
long-term investments ** | 953,000 | 954,000 | 856,000 | 864,000 | |||||||||||||||||||||||||||||||||
restricted cash and cash equivalents *** | 10,128,000 | 20,787,000 | 55,611,000 | ||||||||||||||||||||||||||||||||||
adjustments for - | |||||||||||||||||||||||||||||||||||||
gain on sale of property and equipment | |||||||||||||||||||||||||||||||||||||
benefit from account receivable impairment | |||||||||||||||||||||||||||||||||||||
allowance for obsolescence of expendables parts and supplies | |||||||||||||||||||||||||||||||||||||
derivate instruments mark to market | |||||||||||||||||||||||||||||||||||||
stock compensation | |||||||||||||||||||||||||||||||||||||
change in - | |||||||||||||||||||||||||||||||||||||
account payable | |||||||||||||||||||||||||||||||||||||
account payable from related parties | |||||||||||||||||||||||||||||||||||||
advance payments on aircraft purchase contracts and others | |||||||||||||||||||||||||||||||||||||
cash and cash equivalent at january 1 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalent at december 31 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at december 31 * | 202,661,000 | ||||||||||||||||||||||||||||||||||||
short-term investments ** | 416,005,000 | 484,242,000 | 410,000,000 | ||||||||||||||||||||||||||||||||||
long-term investments *** | 423,474,000 | 428,259,000 | 526,132,000 | ||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents **** | 64,228,000 | 48,702,000 | 27,260,000 | ||||||||||||||||||||||||||||||||||
net income | |||||||||||||||||||||||||||||||||||||
amortization and impairment of brand name | |||||||||||||||||||||||||||||||||||||
paid - in capital | |||||||||||||||||||||||||||||||||||||
cash flow (used) from in financing activities | -98,982,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at september 30 * | 121,540,000 | ||||||||||||||||||||||||||||||||||||
cash flow from (used) in investing activities | -197,718,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at june 30 * | 190,328,000 | ||||||||||||||||||||||||||||||||||||
disposal of property and equipment | |||||||||||||||||||||||||||||||||||||
currency translation adjustment | |||||||||||||||||||||||||||||||||||||
proceeds for new borrowings | |||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | |||||||||||||||||||||||||||||||||||||
provision for accounts receivable impairment | |||||||||||||||||||||||||||||||||||||
allowance for inventory obsolescence | |||||||||||||||||||||||||||||||||||||
changes in: | |||||||||||||||||||||||||||||||||||||
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||
net cash flows from operating activities | |||||||||||||||||||||||||||||||||||||
advance payments on aircraft purchase contracts reimbursement | |||||||||||||||||||||||||||||||||||||
proceed on sale of property and equipment | |||||||||||||||||||||||||||||||||||||
net cash flows from investing activities | |||||||||||||||||||||||||||||||||||||
proceeds from loans and borrowings | |||||||||||||||||||||||||||||||||||||
paid-in capital | |||||||||||||||||||||||||||||||||||||
net cash flows (used in) from financing activities | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at january 1st | |||||||||||||||||||||||||||||||||||||
provision for impairment | |||||||||||||||||||||||||||||||||||||
net cash flows from financing activities | |||||||||||||||||||||||||||||||||||||
provision for income tax | |||||||||||||||||||||||||||||||||||||
interest cost | |||||||||||||||||||||||||||||||||||||
interest income | |||||||||||||||||||||||||||||||||||||
special fleet charges | |||||||||||||||||||||||||||||||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||
dividends declared and paid | |||||||||||||||||||||||||||||||||||||
net cash flows provided in financing activities | |||||||||||||||||||||||||||||||||||||
impairment to the brand name | |||||||||||||||||||||||||||||||||||||
net cash flows provided (used) in financing activities | |||||||||||||||||||||||||||||||||||||
deferred income taxes | |||||||||||||||||||||||||||||||||||||
depreciation | |||||||||||||||||||||||||||||||||||||
gain on sale of property, equipment and involuntary conversion | |||||||||||||||||||||||||||||||||||||
provision for doubtful accounts | |||||||||||||||||||||||||||||||||||||
provision for obsolescence of expendable parts and supplies | |||||||||||||||||||||||||||||||||||||
insurance proceeds on involuntary conversion | |||||||||||||||||||||||||||||||||||||
net cash flows (used) provided by financing activities | |||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | |||||||||||||||||||||||||||||||||||||
interest paid, net of amount capitalized | |||||||||||||||||||||||||||||||||||||
income taxes paid | |||||||||||||||||||||||||||||||||||||
investing and financing activities not affecting cash: | |||||||||||||||||||||||||||||||||||||
settlement of debt through insurance proceed on involuntary conversion | |||||||||||||||||||||||||||||||||||||
redemption of bonds | |||||||||||||||||||||||||||||||||||||
loss on sale of property, equipment and involuntary conversion | |||||||||||||||||||||||||||||||||||||
purchase of aerorepublica, net of acquired cash | |||||||||||||||||||||||||||||||||||||
issuance of bonds | |||||||||||||||||||||||||||||||||||||
proceed from redemption of investments | |||||||||||||||||||||||||||||||||||||
fleet impairment charge |