Assets
Non-current assets up EUR 878m
Non-current assets as of 31 December 2024 climbed by EUR 878m to EUR 31,280m (31 December 2023: EUR 30,402m). The balance sheet item “Aircraft” increased by EUR 148m. Aircraft disposals were more than offset by advance payments for new aircraft. Non-current financial assets increased by EUR 707m compared with 31 December 2023. Capital increases at Lufthansa Commercial Holding GmbH were the main reason for this development. New and increased loans to affiliated companies (EUR 884m) were offset by repayments of EUR 753m.
Current assets down EUR 140m
Current assets were down by EUR 140m to EUR 10,809m (31 December 2023: EUR 10,949m). Higher inventories, trade receivables and cash and cash equivalents were more than offset by lower other receivables and other assets and securities.
| T083 | BALANCE SHEET FOR DEUTSCHE LUFTHANSA AG IN ACCORDANCE WITH HGB | |
|---|---|---|
| in €m | 31 Dec 2024 | 31 Dec 2023 |
| Assets | ||
| Intangible assets | 329 | 335 |
| Aircraft | 7,371 | 7,223 |
| Other property, plant and equipment | 113 | 84 |
| Financial investments | 23,467 | 22,760 |
| Non-current assets | 31,280 | 30,402 |
| Inventories | 371 | 285 |
| Trade receivables | 638 | 584 |
| Other receivables and other assets | 2,223 | 2,235 |
| Securities | 5,444 | 6,265 |
| Cash and cash equivalents | 2,133 | 1,580 |
| Current assets | 10,809 | 10,949 |
| Prepaid expenses | 183 | 183 |
| Deferred tax assets | 4,019 | 4,091 |
| Excess of plan assets over provisions for pensions | 10 | 54 |
| Total assets | 46,301 | 45,679 |
| Liabilities | ||
| Issued capital | 3,068 | 3,063 |
| Capital reserve | 318 | 312 |
| Retained earnings | 7,867 | 4,830 |
| Distributable earnings | 359 | 3,383 |
| Shareholders’ equity | 11,612 | 11,588 |
| Provisions | 8,471 | 8,377 |
| Bonds | 6,992 | 6,216 |
| Liabilities to banks | 498 | 1,272 |
| Advance payments received for flight documents | 3,145 | 3,020 |
| Payables to affiliated companies | 10,062 | 9,707 |
| Other liabilities | 5,487 | 5,459 |
| Liabilities | 26,184 | 25,674 |
| Prepaid expenses | 34 | 40 |
| Total assets | 46,301 | 45,679 |