Aegean Airlines
ISIN: GRS495003006 | Ticker: AEGN | LEI: 213800VI8OH5EJM18L21
Country: Greece
Aegean Airlines is the largest airline in Greece, headquartered in Kifisia and based at Athens-Eleftherios Venizelos Airport. It is a member of the Star Alliance aviation alliance and is listed on the Athens Stock Exchange.
Key business activities:
- Airline
- Cargo
- Charter
On the 23rd of October 2013, we acquired Olympic Air; as a result, passengers are now provided with increased flight frequencies and connections as well as improved accessibility to Greece’s islands, including some of the more remote. We invest in strengthening our international presence and supporting the Greek tourism both in Athens and regional airports.
As an outcome of our efforts, in 2019 we transferred almost 15 million passengers. AEGEAN is consistently one of the most successful airlines in Europe and is constantly voted by the passengers among the best in terms of service and comfort.
1987
Served areaWorldwide
HeadquartersKtirio 57 ston Dietni Aerolimena Atinwn (D.A.A), Spata Attikis, 19019 Spata-Loytsas – Greece
| Line item in (eur) | 02.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | 1,333,448,540.00 | 1,438,521,280.00 | 1,540,411,580.00 | 2,020,373,750.00 |
| Noncurrent Assets | 618,027,960.00 | 836,294,130.00 | 833,813,120.00 | 1,214,141,370.00 |
| Property Plant And Equipment | 70,062,170.00 | 155,593,920.00 | 164,719,750.00 | 281,841,640.00 |
| Goodwill | 39,756,300.00 | 39,756,300.00 | 40,137,700.00 | 40,137,700.00 |
| Intangible Assets Other Than Goodwill | 42,400,940.00 | 42,468,950.00 | 42,526,200.00 | 45,097,830.00 |
| Noncurrent Lease Prepayments | 10,343,410.00 | 21,561,740.00 | 26,544,630.00 | 8,526,510.00 |
| Deferred Tax Assets | 0.00 | 61,811,540.00 | 66,438,030.00 | 25,237,300.00 |
| Other Noncurrent Financial Assets | 24,080,800.00 | 21,185,980.00 | 20,703,920.00 | 19,679,930.00 |
| Noncurrent Derivative Financial Assets | 5,927,740.00 | 1,104,200.00 | 9,671,600.00 | 7,074,530.00 |
| Other Noncurrent Assets | 35,415,590.00 | 27,141,690.00 | 50,303,150.00 | 40,784,130.00 |
| Current Assets | 715,420,590.00 | 602,227,150.00 | 706,598,470.00 | 806,232,380.00 |
| Inventories | 18,027,760.00 | 19,971,870.00 | 22,763,580.00 | 33,717,080.00 |
| Current Trade Receivables | 117,542,980.00 | 85,419,330.00 | 115,720,670.00 | 124,060,080.00 |
| Current Prepaid Expenses | 28,451,140.00 | 17,905,280.00 | 24,228,190.00 | 26,813,970.00 |
| Other Current Financial Assets | 11,791,450.00 | 12,278,850.00 | 12,294,380.00 | 53,844,820.00 |
| Cash and cash equivalents | 496,364,830.00 | 437,067,980.00 | 442,586,580.00 | 462,288,610.00 |
| Other Cash And Cash Equivalents | 496,364,830.00 | 437,067,980.00 | 442,586,580.00 | 462,288,610.00 |
| Current Derivative Financial Assets | 5,934,030.00 | 491,470.00 | 18,542,330.00 | 51,078,050.00 |
| Equity And Liabilities | 1,333,448,540.00 | 1,438,521,280.00 | 1,540,411,580.00 | 2,020,373,750.00 |
| Equity | 336,410,740.00 | 85,406,510.00 | 213,637,130.00 | 348,102,220.00 |
| Issued Capital | 46,421,120.00 | 46,421,110.00 | 58,608,610.00 | 45,083,540.00 |
| Retained Earnings | 201,148,600.00 | -25,950,330.00 | -20,316,240.00 | 146,715,420.00 |
| Share Premium | 72,775,980.00 | 72,775,980.00 | 120,588,480.00 | 78,444,830.00 |
| Statutory Reserve | 0.00 | 0.00 | 16,973,960.00 | 16,973,960.00 |
| Equity Attributable To Owners Of Parent | 336,410,740.00 | 85,406,510.00 | 213,033,840.00 | 348,724,660.00 |
| Noncontrolling Interests | 0.00 | 0.00 | 603,290.00 | -622,440.00 |
| Liabilities | 997,037,800.00 | 1,353,114,770.00 | 1,326,774,450.00 | 1,672,271,530.00 |
| Noncurrent Liabilities | 489,948,260.00 | 757,039,050.00 | 758,675,890.00 | 974,207,090.00 |
| Noncurrent Provisions For Employee Benefits | 2,971,220.00 | 2,787,700.00 | 3,399,640.00 | 3,881,430.00 |
| Other Longterm Provisions | 30,632,530.00 | 32,841,520.00 | 54,363,120.00 | 56,081,920.00 |
| Noncurrent Contract Liabilities | 32,951,440.00 | 36,639,990.00 | 36,870,490.00 | 40,897,420.00 |
| Deferred Tax Liabilities | 12,304,890.00 | 0.00 | 0.00 | N/A |
| Noncurrent Derivative Financial Liabilities | 9,043,160.00 | 33,214,980.00 | 10,969,140.00 | 409,900.00 |
| Longterm Borrowings | 196,566,770.00 | 341,971,260.00 | 343,700,360.00 | 231,471,940.00 |
| Current Liabilities | 507,089,550.00 | 596,075,730.00 | 568,098,560.00 | 698,064,440.00 |
| Current Provisions | 12,359,410.00 | 16,812,070.00 | 37,792,100.00 | 47,486,670.00 |
| Trade And Other Current Payables | 85,318,670.00 | 73,782,670.00 | 130,345,770.00 | 123,578,120.00 |
| Current Contract Liabilities | 126,241,720.00 | 191,554,670.00 | 164,149,460.00 | 227,457,750.00 |
| Current Derivative Financial Liabilities | 6,073,370.00 | 16,722,310.00 | 1,647,690.00 | 14,578,030.00 |
| Current Accrued Expenses And Other Current Liabilities | 36,406,650.00 | 6,233,370.00 | 40,416,410.00 | 41,176,820.00 |
| Other Current Liabilities | 99,665,560.00 | 80,162,590.00 | 86,386,350.00 | 111,219,250.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue From Contracts With Customers | 415,103,900.00 | 674,828,300.00 | 1,336,832,340.00 |
| Other Income | 19,507,850.00 | 105,628,470.00 | 44,602,510.00 |
| Raw Materials And Consumables Used | 419,440,190.00 | 533,585,720.00 | 973,064,920.00 |
| Employee Benefits Expense | 79,900,200.00 | 66,868,550.00 | 133,431,170.00 |
| Depreciation And Amortisation Expense | 146,149,920.00 | 149,946,570.00 | 127,680,730.00 |
| Finance Income | 58,857,280.00 | 40,173,940.00 | 112,385,600.00 |
| Finance Costs | 144,792,300.00 | 79,575,490.00 | 118,334,920.00 |
| Profit Loss Before Tax | -296,813,570.00 | -9,345,620.00 | 141,308,710.00 |
| Income Tax Expense Continuing Operations | -68,906,490.00 | -14,414,790.00 | 34,530,000.00 |
| Profit (loss) | -227,907,090.00 | 5,069,160.00 | 106,778,710.00 |
| Profit Loss Attributable To Owners Of Parent | -227,907,090.00 | 4,905,160.00 | 108,004,440.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | 164,010.00 | -1,225,730.00 |
| Line item in (eur) | 01.01.2021 | 02.01.2020 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | -227,907,090.00 | N/A | 5,069,160.00 | 106,778,710.00 |
| Adjustments For Finance Costs | 29,291,450.00 | N/A | 31,011,470.00 | 45,144,380.00 |
| Adjustments For Decrease Increase In Inventories | 1,944,110.00 | N/A | -2,748,750.00 | -10,953,500.00 |
| Adjustments For Increase Decrease In Trade Account Payable | 10,876,520.00 | N/A | 58,949,960.00 | 108,611,380.00 |
| Adjustments For Depreciation And Amortisation Expense | 146,149,910.00 | N/A | 149,946,560.00 | 127,680,730.00 |
| Adjustments For Provisions | 10,652,420.00 | N/A | 45,104,850.00 | 17,151,300.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -12,523,350.00 | N/A | 31,684,590.00 | -1,041,890.00 |
| Other Adjustments For Noncash Items | 26,936,950.00 | N/A | -23,358,210.00 | -32,845,970.00 |
| Interest Paid Classified As Operating Activities | 26,417,420.00 | N/A | 30,244,750.00 | 41,775,810.00 |
| Cash Flows From Used In Operating Activities | -104,335,520.00 | N/A | 211,463,270.00 | 350,236,250.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 411,540.00 | N/A | 500,050.00 | 2,062,900.00 |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 0.00 | N/A | 765,000.00 | 0.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 0.00 | N/A | 35,860.00 | 242,850.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 45,086,180.00 | N/A | 5,971,130.00 | 86,181,950.00 |
| Proceeds From Other Longterm Assets Classified As Investing Activities | 447,750.00 | N/A | 733,480.00 | 12,237,310.00 |
| Purchase Of Other Longterm Assets Classified As Investing Activities | 997,750.00 | N/A | 788,000.00 | 53,356,100.00 |
| Cash Advances And Loans Made To Other Parties Classified As Investing Activities | 11,800,380.00 | N/A | 17,533,230.00 | 36,195,460.00 |
| Interest Received Classified As Investing Activities | 1,173,010.00 | N/A | 392,000.00 | 1,516,900.00 |
| Cash Flows From Used In Investing Activities | -56,675,080.00 | N/A | -24,396,080.00 | -163,799,350.00 |
| Proceeds From Issuing Shares | 0.00 | N/A | 60,000,000.00 | 0.00 |
| Proceeds From Borrowings Classified As Financing Activities | 92,000,000.00 | N/A | 92,000,000.00 | 0.00 |
| Repayments Of Borrowings Classified As Financing Activities | 0.00 | N/A | 184,000,000.00 | 81,500,000.00 |
| Proceeds From Government Grants Classified As Financing Activities | 0.00 | N/A | 27,473,040.00 | 0.00 |
| Cash Flows From Used In Financing Activities | 114,466,710.00 | N/A | -186,585,830.00 | -162,227,290.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -12,752,950.00 | N/A | 5,037,240.00 | -4,507,580.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | -46,543,900.00 | N/A | 481,360.00 | 24,209,610.00 |
| Cash and cash equivalents | 437,067,980.00 | 496,364,830.00 | 442,586,580.00 | 462,288,610.00 |
Please note that some sums might not add up.
GRS495003006
LEI213800VI8OH5EJM18L21
SectorATHEX Composite
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