Consolidated statement of financial position

as of 31 December 2025

T087
in €m	Notes	31 Dec 2025	31 Dec 2024

Intangible assets with an indefinite useful life¹⁾	17	1,021	1,016
Other intangible assets	18	331	321
Aircraft and reserve engines	19, 22	19,820	18,828
Repairable spare parts for aircraft	20	2,270	2,154
Other property, plant and other equipment²⁾	21, 22	3,317	2,958
Equity investments accounted for using the equity method	23	1,034	597
Other equity investments	24, 45	293	266
Non-current securities	24, 45	22	21
Loans, receivables and other assets	25, 45	1,533	852
Derivative financial instruments	45	238	821
Prepaid expenses	29	47	55
Income tax receivables		46	165
Deferred tax assets	14	2,264	2,682
Non-current assets		32,236	30,736
Inventories	26	1,645	1,606
Contract assets	27	449	395
Trade receivables and other receivables	28, 45	4,586	4,257
Derivative financial instruments	45	340	803
Prepaid expenses	29	267	254
Income tax receivables		322	501
Interest-bearing securities and similar investments	30, 45	6,988	6,698
Cash and cash equivalents	31, 45	1,160	1,790
Assets held for sale	32	401	12
Current assets		16,158	16,316



Total assets		48,394	47,052

¹⁾ Including goodwill.

²⁾ This includes financial investments valued at EUR 30m (as of 31 December 2024: EUR 30m).

T087
in €m	Notes	31 Dec 2025	31 Dec 2024

Issued capital	33	3,070	3,068
Capital reserve	34	269	265
Retained earnings	34	6,553	5,477
Other neutral reserves	34	1,757	2,732
Equity attributable to shareholders of Deutsche Lufthansa AG		11,649	11,542
Non-controlling interests		62	52
Shareholders’ equity		11,711	11,594
Pension provisions	35	2,364	2,692
Other provisions	36	821	791
Financial liabilities	37, 45	12,106	11,413
Contract liabilities	38	25	8
Other financial liabilities		47	39
Advance payments received, deferred income and other non-financial liabilities	39	42	43
Derivative financial instruments	45	743	332
Deferred income tax liabilities	14	594	559
Non-current provisions and liabilities		16,742	15,877
Other provisions	36	1,147	1,056
Financial liabilities	37, 45	2,421	2,810
Trade payables and other financial liabilities	41, 45	6,121	6,003
Contract liabilities from unused flight documents	40	5,389	5,183
Miscellaneous contract liabilities	40	3,084	2,954
Advance payments received, deferred income and other non-financial liabilities	42	781	709
Derivative financial instruments	45	462	272
Income tax liabilities		536	594
Liabilities in connection with assets held for sale	32	–	–
Current provisions and liabilities		19,941	19,581



Total equity and liabilities		48,394	47,052

Company