Company Information

  

Address: PRESIDENTE RIESCO 5711 20TH FLOOR
LAS CONDES 
City: SANTIAGO 
State:  
Zip Code: 999999999 
Telephone: 562-565-2525 

Description of Business

Primary SIC Code: 4512
(As filed with the SEC)  

LATAM Airlines Group is a Chilean-based airline holding company formed by the combination of LAN of Chile and TAM of Brazil in 2012. Following the combination, LAN Airlines S.A. became "LATAM Airlines Group S.A." and TAM continues to exist a subsidiary of LATAM. The Company is primarily involved in the transportation of passengers and cargo and operates as one unified business enterprise. During 2016, we began the transition of LAN and TAM into a single brand: LATAM. LATAM's airline holdings include LATAM and its affiliates in Peru, Argentina, Colombia and Ecuador, and LATAM Cargo and its affiliates MasAir (in Mexico) and LANCO (in Colombia), as well as TAM S.A. and its affiliates TAM Linhas Aereas S.A (LATAM Airlines Brazil), TAM Transportes Aereos del Mercosur S.A., (LATAM Airlines Paraguay), LATAM Cargo and Multiplus.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.130.00062.92
12/2015-0.40NAN/E
12/2013-0.58NAN/E
12/20120.030.008785.33
12/20110.94NA24.72

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.04Total Liab/Total Assets0.79
Net Inc/Total Assets0.01Total Liab/Inv Cap1.16
Net Inc/Inv Cap0.01Total Liab/Comm Equity4.80
Pretax Inc/Net Sales0.03Interest Coverage Ratio1.66
Net Inc/Net Sales0.01Curr Debt/EquityNA
Cash Flow/Net Sales0.11LTD/Equity0.09
SG&A/NetSales0.17Total Debt/Equity0.09
Asset Utilization   Liquidity  
Net Receivables Turnover8.83Quick Ratio0.49
Inventory Turnover29.88Current Ratio0.53
Inventory Day Sales0.08Net Rec/Curr Assets0.36
Net Sales/Work Cap-3.06Inv/Curr Assets0.07
Net Sales/PP&E0.83  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 8,988.34 9,740.05 12,093.50 12,924.54
Cost of Goods Sold 6,967.04 7,636.71 9,624.50 10,054.16
Selling & Admin Exps 1,528.00 1,654.80 1,927.58 2,284.56
Operating Income 493.30 448.54 541.42 585.81
Interest Exp 416.34 413.36 430.03 462.52
Pretax Income 273.87 -357.12 65.23 -283.89
Other Income 196.91 -392.34 -39.69 -409.13
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 110.67 -178.73 -227.17 -263.82

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 949.33 753.50 989.40 1,984.90
Receivables - Total 1,173.82 861.17 1,479.85 1,715.61
Inventories - Total 241.36 224.91 266.04 231.03
Total Current Assets 3,289.58 2,820.94 3,633.56 4,977.10
Net Property, Plant & Equipment 10,835.34 10,940.62 10,774.14 10,985.23
Total Assets 19,198.19 18,101.42 20,484.43 22,631.15
Liabilities        
Accounts Payable 1,607.62 1,503.78 1,507.32 1,569.82
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 6,222.19 5,640.97 5,829.73 6,509.11
Long-Term Debt 359.39 417.05 577.45 922.89
Total Liabilities 15,101.53 15,244.88 16,082.53 17,392.33
Stockholder's Equity        
Minority Interest 88.64 81.01 101.80 87.64
Preferred Stock NA NA NA NA
Common Stock 3,149.56 2,545.71 2,545.71 2,389.38
Retained Earnings 366.40 317.95 536.19 795.30
Treasury Stock -0.18 -0.18 -0.18 -0.18
Total Stockholders' Equity 4,096.66 2,856.54 4,401.90 5,238.82
Total Liabilities and Stockholders' Equity 19,198.19 18,101.42 20,484.43 22,631.15

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 992.13 1,715.48 1,331.44 1,408.70
Net Cash Provided by Investing Activities -443.03 -1,739.07 -899.11 -1,278.81
Net Cash Provided by Financing Activities -396.28 -128.36 -1,320.23 1,205.80

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20129,710.37-5.640.03
12/201312,924.54-263.82-0.58
12/201412,093.50-227.17--
12/20159,740.04-178.73-0.40
12/20168,988.34110.670.13
Growth Rates-1.91----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/178322,5673.72




Report Date : 12/4/2017

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