International Consolidated Airlines Group SA
LSE:IAG
Income Statement
Earnings Waterfall
International Consolidated Airlines Group SA
Revenue
|
29.5B
EUR
|
Cost of Revenue
|
-10.1B
EUR
|
Gross Profit
|
19.4B
EUR
|
Operating Expenses
|
-15.9B
EUR
|
Operating Income
|
3.5B
EUR
|
Other Expenses
|
-876m
EUR
|
Net Income
|
2.7B
EUR
|
Income Statement
International Consolidated Airlines Group SA
Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||
Revenue |
16 103
N/A
|
16 386
+2%
|
17 098
+4%
|
17 664
+3%
|
18 117
+3%
|
18 137
+0%
|
18 292
+1%
|
18 642
+2%
|
18 569
0%
|
24 258
+31%
|
25 078
+3%
|
25 506
+2%
|
18 743
-27%
|
7 868
-58%
|
4 749
-40%
|
8 450
+78%
|
15 594
+85%
|
23 066
+48%
|
27 298
+18%
|
29 453
+8%
|
|
Gross Profit | |||||||||||||||||||||
Cost of Revenue |
(7 351)
|
(7 433)
|
(7 723)
|
(7 853)
|
(7 818)
|
(7 794)
|
(7 706)
|
(7 690)
|
(7 670)
|
(8 001)
|
(8 287)
|
(8 113)
|
(6 225)
|
(3 389)
|
(2 366)
|
(3 027)
|
(5 465)
|
(8 221)
|
(9 485)
|
(10 066)
|
|
Gross Profit |
8 752
N/A
|
8 953
+2%
|
9 375
+5%
|
9 811
+5%
|
10 299
+5%
|
10 343
+0%
|
10 586
+2%
|
10 952
+3%
|
10 899
0%
|
16 257
+49%
|
16 791
+3%
|
17 393
+4%
|
12 518
-28%
|
4 479
-64%
|
2 383
-47%
|
5 423
+128%
|
10 129
+87%
|
14 845
+47%
|
17 813
+20%
|
19 387
+9%
|
|
Operating Income | |||||||||||||||||||||
Operating Expenses |
(8 205)
|
(8 551)
|
(9 197)
|
(9 778)
|
(10 322)
|
(10 376)
|
(10 369)
|
(10 290)
|
(10 190)
|
(12 818)
|
(13 692)
|
(14 115)
|
(12 185)
|
(8 767)
|
(7 369)
|
(8 370)
|
(11 282)
|
(13 508)
|
(14 808)
|
(15 856)
|
|
Selling, General & Administrative |
(7 236)
|
(7 576)
|
(8 197)
|
(8 748)
|
(9 251)
|
(9 309)
|
(9 312)
|
(9 261)
|
(9 184)
|
(11 564)
|
(11 713)
|
(12 004)
|
(9 995)
|
(6 689)
|
(5 485)
|
(6 454)
|
(9 236)
|
(11 401)
|
(12 768)
|
(13 793)
|
|
Depreciation & Amortization |
(969)
|
(975)
|
(1 000)
|
(1 030)
|
(1 071)
|
(1 067)
|
(1 057)
|
(1 029)
|
(1 006)
|
(1 254)
|
(1 671)
|
(2 111)
|
(2 190)
|
(2 078)
|
(1 884)
|
(1 916)
|
(2 046)
|
(2 107)
|
(2 040)
|
(2 063)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(308)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
547
N/A
|
402
-27%
|
178
-56%
|
33
-81%
|
(23)
N/A
|
(33)
-43%
|
217
N/A
|
662
+205%
|
709
+7%
|
3 439
+385%
|
3 099
-10%
|
3 278
+6%
|
333
-90%
|
(4 288)
N/A
|
(4 986)
-16%
|
(2 947)
+41%
|
(1 153)
+61%
|
1 337
N/A
|
3 005
+125%
|
3 531
+18%
|
|
Pre-Tax Income | |||||||||||||||||||||
Interest Income Expense |
(14)
|
(14)
|
(28)
|
21
|
0
|
(41)
|
(20)
|
(45)
|
(45)
|
(243)
|
(267)
|
(301)
|
(419)
|
(481)
|
(510)
|
(644)
|
(836)
|
(921)
|
(698)
|
(458)
|
|
Non-Reccuring Items |
(89)
|
(54)
|
(29)
|
(21)
|
(517)
|
(843)
|
(828)
|
(818)
|
(137)
|
312
|
0
|
(672)
|
(2 809)
|
(3 082)
|
(487)
|
93
|
(2)
|
53
|
20
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(29)
|
8
|
(22)
|
(28)
|
38
|
75
|
59
|
0
|
22
|
0
|
0
|
|
Total Other Income |
98
|
8
|
(15)
|
(6)
|
(234)
|
(280)
|
(291)
|
(349)
|
(300)
|
8
|
(1)
|
(8)
|
(24)
|
(14)
|
(40)
|
(68)
|
(23)
|
(76)
|
(32)
|
(18)
|
|
Pre-Tax Income |
542
N/A
|
342
-37%
|
106
-69%
|
27
-75%
|
(774)
N/A
|
(1 197)
-55%
|
(922)
+23%
|
(550)
+40%
|
227
N/A
|
3 487
+1 436%
|
2 839
-19%
|
2 275
-20%
|
(2 947)
N/A
|
(7 827)
-166%
|
(5 948)
+24%
|
(3 507)
+41%
|
(2 014)
+43%
|
415
N/A
|
2 295
+453%
|
3 056
+33%
|
|
Net Income | |||||||||||||||||||||
Tax Provision |
40
|
78
|
181
|
247
|
116
|
38
|
(42)
|
(88)
|
(76)
|
(590)
|
(544)
|
(560)
|
43
|
892
|
778
|
574
|
475
|
16
|
(289)
|
(401)
|
|
Income from Continuing Operations |
582
|
420
|
287
|
274
|
(658)
|
(1 159)
|
(964)
|
(638)
|
151
|
2 897
|
2 295
|
1 715
|
(2 904)
|
(6 935)
|
(5 170)
|
(2 933)
|
(1 539)
|
431
|
2 006
|
2 655
|
|
Income to Minority Interest |
(20)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(12)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
562
N/A
|
400
-29%
|
257
-36%
|
209
-19%
|
(716)
N/A
|
(1 217)
-70%
|
(1 014)
+17%
|
(653)
+36%
|
122
N/A
|
2 885
+2 265%
|
2 293
-21%
|
1 715
-25%
|
(2 904)
N/A
|
(6 935)
-139%
|
(2 048)
+70%
|
(2 933)
-43%
|
(1 539)
+48%
|
431
N/A
|
2 006
+365%
|
2 655
+32%
|
|
EPS (Diluted) |
0.27
N/A
|
0.22
-19%
|
0.15
-32%
|
0.11
-27%
|
-0.38
N/A
|
-0.65
-71%
|
-0.53
+18%
|
-0.18
+66%
|
0.2
N/A
|
0.91
+355%
|
0.73
-20%
|
0.56
-23%
|
-0.95
N/A
|
-1.97
-107%
|
-0.41
+79%
|
-0.59
-44%
|
-0.31
+47%
|
0.08
N/A
|
0.36
+350%
|
0.5
+39%
|