Icelandair Group hf. financials
Icelandair Group hf.
549300UMI5MBLZSXGL15 | Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Other income | $96.8M | $75.1M |
| Operating expenses | $1.58B | $1.43B |
| Employee benefits expense | $455.4M | $406.0M |
| Depreciation & amortisation | $173.8M | $154.1M |
| Operating profit (EBIT) | -$17.2M | -$14.2M |
| Net finance income / (cost) | -$6.7M | -$11.3M |
| Finance costs | $48.4M | $42.8M |
| Profit before tax | -$20.4M | -$24.8M |
| Income tax expense | -$10.8M | -$4.6M |
| Profit for the year | -$9.5M | -$20.2M |
| — attributable to owners | -$9.3M | -$20.6M |
| — attributable to NCI | -$197.0K | $391.0K |
| Total comprehensive income | $15.5M | -$20.2M |
| Per share | ||
| Basic EPS | $-0.02 | $-0.05 |
| Diluted EPS | $-0.02 | $-0.05 |
| Free cash flow / share | $0.42 | $0.27 |
| Cash flow statement | ||
| Net cash from operating activities | $305.0M | $221.2M |
| Net cash from investing activities | -$177.8M | -$164.8M |
| Purchase of PP&E (capex) | $102.8M | $110.5M |
| Purchase of intangibles | $2.7M | $1.6M |
| Net cash from financing activities | -$105.7M | -$105.4M |
| Proceeds from borrowings | $19.4M | $0 |
| Repayments of borrowings | $53.7M | $45.0M |
| Lease liability payments | $72.3M | $60.4M |
| Net change in cash | $21.5M | -$49.0M |
| Balance sheet | ||
| Total assets | $1.86B | $1.66B |
| Non-current assets | $1.29B | $1.19B |
| Property, plant & equipment | $563.5M | $559.9M |
| Right-of-use assets | $483.1M | $406.0M |
| Intangible assets & goodwill | $57.8M | $56.4M |
| Current assets | $576.8M | $462.4M |
| Inventories | $28.1M | $24.5M |
| Trade & other receivables | $178.8M | $178.7M |
| Cash & equivalents | $195.5M | $150.2M |
| Total equity | $286.4M | $269.1M |
| — attributable to owners | $284.1M | $267.4M |
| Non-controlling interests | $2.4M | $1.7M |
| Non-current liabilities | $746.6M | $663.1M |
| Long-term borrowings | $138.2M | $164.7M |
| Lease liabilities (non-current) | $461.6M | $398.8M |
| Current liabilities | $830.7M | $724.6M |
| Short-term borrowings | $39.1M | $41.0M |
| Lease liabilities (current) | $78.0M | $66.3M |
| Trade & other payables | $318.7M | $260.1M |
| Derived metrics | ||
| Free cash flow | $202.2M | $110.7M |
| Return on equity | -3.3% | -7.5% |
| Cash conversion ratio | -32.02× | -10.97× |
| Capex coverage | 2.97× | 2.00× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -$525.0K | $2.5M |
| Adjustments For Decrease Increase In Trade and Other Receivables | $3.0M | -$43.0M |
| Adjustments For Depreciation and Amortisation Expense | $173.8M | $154.1M |
| Adjustments For Finance Income Cost | -$6.7M | -$11.3M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | $10.1M | $1.3M |
| Adjustments For Income Tax Expense | -$10.8M | -$4.6M |
| Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities | $39.6M | $33.8M |
| Adjustments For Increase Decrease In Trade and Other Payables | $66.4M | $37.5M |
| Adjustments For Undistributed Profits of Associates | $3.6M | $673.0K |
| Cash and Cash Equivalents If Different From Statement of Financial Position | $195.5M | $150.2M |
| Cash Flows From Used In Decrease Increase In Shortterm Deposits and Investments | -$65.8M | -$33.6M |
| Cash Flows From Used In Operations Before Changes In Working Capital | $207.3M | $193.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | -$197.0K | $391.0K |
| Comprehensive Income Attributable To Owners of Parent | $15.7M | -$20.6M |
| Current Deferred Income Including Current Contract Liabilities | $391.3M | $351.6M |
| Current Financial Assets At Fair Value Through Profit Or Loss | $170.4M | $104.6M |
| Current Investments | $170.4M | $104.6M |
| Deferred Tax Assets | $73.5M | $63.8M |
| Derivative Financial Assets Held For Hedging | $4.0M | $4.4M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | $23.7M | -$249.0K |
| Equity and Liabilities | $1.86B | $1.66B |
| Finance Income | $41.7M | $31.5M |
| Fuel Expense | $360.3M | $360.2M |
| Gains Losses On Cash Flow Hedges Net of Tax | -$11.0M | $8.8M |
| Increase Decrease In Cash and Cash Equivalents | $108.5M | $30.8M |
| Increase Decrease Through Sharebased Payment Transactions | $948.0K | $880.0K |
| Interest Paid Classified As Operating Activities | $41.7M | $38.5M |
| Interest Received Classified As Operating Activities | $31.0M | $35.6M |
| Investments In Associates Accounted For Using Equity Method | $37.0M | $31.7M |
| Issued Capital | $311.0M | $311.0M |
| Liabilities | $1.58B | $1.39B |
| Operating Lease Income | $111.3M | $93.7M |
| Other Comprehensive Income | $25.0M | $9.0K |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | $17.8M | -$2.2M |
| Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations | $5.4M | -$854.0K |
| Other Expense By Nature | $427.3M | $372.4M |
| Other Reserves | $68.8M | $37.2M |
| Proceeds From Issuing Shares | $900.0K | $0 |
| Proceeds From Sales of Interests In Associates | $1.7M | $212.0K |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | $15.7M | $4.6M |
| Reclassification Adjustments On Cash Flow Hedges Net of Tax | -$12.9M | $5.7M |
| Retained Earnings | -$95.7M | -$80.8M |
| Revenue and Operating Income | $1.74B | $1.57B |
| Revenue From Rendering of Cargo and Mail Transport Services | $79.7M | $76.7M |
| Revenue From Rendering of Passenger Transport Services | $1.45B | $1.33B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | $3.6M | $673.0K |
Every line item above is a fact tagged in Icelandair Group hf.'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.