| Dec'17 | Dec'16 | |||||
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
508 | 375 | |||||
Restricted cash | ||||||
5 | 5 | |||||
Accounts receivable, net of provision for doubtful accounts | ||||||
340 | 313 | |||||
Accounts receivable from related parties | ||||||
17 | 19 | |||||
Expendable spare parts and supplies, net of provision for obsolescence | ||||||
97 | 82 | |||||
Prepaid expenses | ||||||
99 | 59 | |||||
Deposits and other assets | ||||||
201 | 160 | |||||
Total current assets | ||||||
1,271 | 1,016 | |||||
Non-current assets: | ||||||
Available-for-sale securities | ||||||
0 | 0 | |||||
Deposits and other assets | ||||||
116 | 174 | |||||
Accounts receivable, net of provision for doubtful accounts | ||||||
140 | 92 | |||||
Intangible assets | ||||||
426 | 412 | |||||
Deferred tax assets | ||||||
25 | 5 | |||||
Property and equipment, net | ||||||
4,881 | 4,649 | |||||
Total non-current assets | ||||||
5,590 | 5,334 | |||||
Total assets | ||||||
6,861 | 6,351 | |||||
Liabilities and equity | ||||||
Current liabilities: | ||||||
Current portion of long-term debt | ||||||
572 | 406 | |||||
Accounts payable | ||||||
526 | 493 | |||||
Accounts payable to related parties | ||||||
7 | 9 | |||||
Accrued expenses | ||||||
186 | 138 | |||||
Provisions for legal claims | ||||||
11 | 18 | |||||
Provisions for return conditions | ||||||
19 | 53 | |||||
Employee benefits | ||||||
38 | 39 | |||||
Air traffic liability | ||||||
539 | 521 | |||||
Other liabilities | ||||||
9 | 11 | |||||
Total current liabilities | ||||||
1,911 | 1,691 | |||||
Non-current liabilities: | ||||||
Long-term debt | ||||||
3,180 | 2,867 | |||||
Accounts payable | ||||||
5 | 2 | |||||
Provisions for return conditions | ||||||
144 | 120 | |||||
Employee benefits | ||||||
135 | 115 | |||||
Deferred tax liabilities | ||||||
25 | 20 | |||||
Air traffic liability | ||||||
104 | 98 | |||||
Other liabilities | ||||||
15 | 14 | |||||
Total non-current liabilities | ||||||
3,610 | 3,239 | |||||
Total liabilities | ||||||
5,521 | 4,931 | |||||
Equity: | ||||||
Common stock | ||||||
82 | 82 | |||||
Preferred stock | ||||||
42 | 42 | |||||
Additional paid-in capital on common stock | ||||||
234 | 234 | |||||
Additional paid-in capital on preferred stock | ||||||
469 | 469 | |||||
Retained earnings | ||||||
528 | 544 | |||||
Revaluation and other reserves | ||||||
58 | 27 | |||||
Total equity attributable to the Company | ||||||
1,415 | 1,400 | |||||
Non-controlling interest | ||||||
-75 | 19 | |||||
Total equity | ||||||
1,339 | 1,420 | |||||
Total liabilities and equity | ||||||
6,861 | 6,351 | |||||