Consolidated statement of financial position

as of 31 December 2025

T087 Consolidated statement of financial position – assets
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 Consolidated statement of financial position – shareholders’ equity and liabilities
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