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Informe Financiero Anual 2019

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Informe Financiero Anual 2019 INFORME FINANCIERO ANUAL 2019 DECLARACIÓN DE RESPONSABILIDAD DE LOS CONSEJEROS - 2 - DECLARACIÓN DE RESPONSABILIDAD DE LOS CONSEJEROS A LOS EFECTOS DEL ARTÍCULO 8.1.b DEL REAL DECRETO ESPAÑOL 1362/2007, DE 19 DE OCTUBRE. Los consejeros de International Consolidated Airlines Group, S.A., en la reunión del Consejo de Administración celebrada el 27 de febrero de 2020, declaran que, hasta donde alcanza su conocimiento, las cuentas anuales individuales y consolidadas del ejercicio finalizado el 31 de diciembre de 2019, elaboradas con arreglo a los principios de contabilidad aplicables, ofrecen la imagen fiel del patrimonio, de la situación financiera y de los resultados de la Sociedad y de las empresas comprendidas en la consolidación tomadas en su conjunto y que los informes de gestión individuales y consolidados incluyen un análisis fiel de la evolución y los resultados empresariales y de la posición de la Sociedad y las empresas comprendidas en la consolidación tomadas en su conjunto, junto con la descripción de los principales riesgos e incertidumbres a que se enfrentan. 27 de febrero de 2020 Antonio Vázquez Romero William Matthew Walsh Presidente Consejero Delegado Marc Jan Bolland Margaret Ewing Francisco Javier Ferrán Larraz Stephen William Lawrence Gunning Deborah Linda Kerr María Fernanda Mejía Campuzano Kieran Charles Poynter Emilio Saracho Rodríguez de Torres Lucy Nicola Shaw Alberto Terol Esteban INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Cuentas Anuales correspondientes al ejercicio anual terminado el 31 de diciembre de 2019 CONTENIDO ▪ Balance al 31 de diciembre de 2019 1 ▪ Cuenta de pérdidas y ganancias correspondiente al ejercicio anual terminado el 2 31 de diciembre de 2019 ▪ Estado de cambios en el patrimonio neto correspondiente al ejercicio anual 3 terminado el 31 de diciembre de 2019 ▪ Estado de flujos de efectivo correspondiente al ejercicio anual terminado el 5 31 de diciembre de 2019 ▪ Memoria correspondiente al ejercicio anual terminado el 31 de diciembre de 2019 6 INFORME DE GESTIÓN DEL EJERCICIO ANUAL TERMINADO EL 31 DE DICIEMBRE DE 2019 DECLARACIÓN DE RESPONSABILIDAD DE LOS CONSEJEROS INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Balance al 31 de diciembre de 2019 (Expresado en miles de euros) Nota 2019 2018 ACTIVO ACTIVO NO CORRIENTE 7.864.567 7.828.628 Inmovilizado inmaterial 6 - 1.705 Inmovilizado material 7 - 17.251 Inversiones en empresas del Grupo Instrumentos de patrimonio 8 7.658.193 7.631.193 Créditos a empresas del Grupo 9,16 184.234 161.797 Inversiones financieras a largo plazo Instrumentos de patrimonio 9 14.536 8.120 Otros activos financieros 9 - 1.807 Activo por impuesto diferido 12 7.604 6.755 ACTIVO CORRIENTE 1.004.129 668.447 Deudores comerciales y otras cuentas a cobrar Clientes, empresas del Grupo 9,16 201.678 87.185 Activo por impuesto corriente 12 88.718 216.874 Deudores varios 9 10.828 5.045 Inversiones en empresas del Grupo Créditos a empresas del Grupo 9,16 8.822 13.540 Inversiones financieras a corto plazo Derivados 9 - 8.099 Efectivo y otros activos líquidos equivalentes Tesorería 9,10 80.415 195.548 Otros activos líquidos equivalentes 9,10 613.668 142.156 TOTAL ACTIVO 8.868.696 8.497.075 PATRIMONIO NETO Y PASIVO PATRIMONIO NETO 6.209.366 6.730.306 FONDOS PROPIOS Capital Capital escriturado 11 996.016 996.016 Prima de emisión 11 5.327.295 6.021.802 Reservas Legal y estatutarias 11 205.799 205.799 Otras reservas 11 (897.437) (983.770) Acciones y participaciones en patrimonio propias 11 (59.568) (67.292) Resultado del ejercicio 3 763.583 662.180 Dividendo a cuenta 3 (287.728) (287.580) Otros instrumentos de patrimonio neto 11 166.141 186.752 AJUSTES POR CAMBIO DE VALOR Diferencias de conversión 11 (4.735) (3.601) PASIVO PASIVO NO CORRIENTE 2.499.510 1.561.081 Deudas a largo plazo Obligaciones y otros valores negociables 9 1.448.995 937.437 Deudas con empresas del Grupo a largo plazo 9,16 1.047.515 620.644 Pasivos por impuesto diferido 12 3.000 3.000 PASIVO CORRIENTE 159.820 205.688 Provisiones a corto plazo 12 4.347 4.576 Deudas a corto plazo Bonos y otros valores negociables 9 13.125 4.375 Deudas con empresas del Grupo a corto plazo 9,16 6.271 86.599 Acreedores comerciales y otras cuentas a pagar Proveedores, empresas del Grupo 9,16 40.316 27.632 Acreedores varios 9 15.768 7.917 Remuneraciones pendientes de pago 9 9.723 7.498 Pasivo por impuesto corriente 12 447 1.039 Otras deudas con las Administraciones Públicas 12 69.823 66.052 TOTAL PATRIMONIO NETO Y PASIVO 8.868.696 8.497.075 1 INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Cuenta de Pérdidas y Ganancias correspondiente al ejercicio anual terminado el 31 de diciembre de 2019 (Expresado en miles de euros) Nota 2019 2018 Operaciones continuadas Importe neto de la cifra de negocios 893.487 760.104 Prestaciones de servicios a empresas del Grupo 13,16 68.341 67.233 Ingresos por dividendos 16 825.146 692.871 Gastos de personal 13 (52.459) (50.160) Sueldos, salarios y asimilados (44.483) (41.240) Cargas sociales (7.976) (8.920) Otros gastos de explotación (29.846) (23.992) Servicios externos recibidos (28.315) (22.799) Otros gastos de gestión corriente (1.531) (1.193) RESULTADO DE EXPLOTACIÓN 811.182 685.952 Ingresos financieros 13.250 5.524 De valores negociables y otros instrumentos financieros Por deudas con empresas del Grupo y asociadas 13, 16 13.110 5.350 Por terceros 13 140 174 Gastos financieros (59.929) (34.078) De deudas con empresas del Grupo y asociadas 13, 16 (15.905) (8.190) De terceros 13 (44.024) (25.888) Cambios en el valor razonable de instrumentos financieros 13 (18.715) 3.696 Diferencias de cambio 344 75 RESULTADO FINANCIERO NETO (65.050) (24.783) RESULTADO ANTES DE IMPUESTOS 746.132 661.169 Impuesto sobre beneficios 12 17.451 1.011 RESULTADO DEL EJERCICIO 3 763.583 662.180 2 INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Estado de cambios en el patrimonio neto correspondiente al ejercicio anual terminado el 31 de diciembre de 2019 (Expresado en miles de euros) A) Estado de ingresos y gastos reconocidos Nota 2019 2018 RESULTADO DEL EJERCICIO 3 763.583 662.180 Ingresos y gastos imputados directamente en el patrimonio neto Diferencias de conversión (1.134) (3.264) TOTAL INGRESOS Y GASTOS IMPUTADOS DIRECTAMENTE EN EL PATRIMONIO 11 (1.134) (3.264) NETO TOTAL INGRESOS Y GASTOS RECONOCIDOS 762.449 658.916 3 INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Estado de cambios en el patrimonio neto correspondiente al ejercicio anual terminado el 31 de diciembre de 2019 (Expresado en miles de euros) B) Estado total de cambios en el patrimonio neto Acciones y Otros participaciones instrumentos Ajustes por Capital Prima de en patrimonio Resultado Dividendo de patrimonio cambios de escriturado emisión Reservas propias del ejercicio a cuenta neto valor 1 TOTAL SALDO AL 31 DE DICIEMBRE DE 2017 1.028.994 6.021.802 (357.553) (76.737) 596.469 (256.178) 172.867 (337) 7.129.327 Total ingresos y gastos reconocidos - - - - 662.180 - - (3.264) 658.916 Operaciones con socios y propietarios (32.978) - (760.709) 9.445 - (287.580) (16.839) - (1.088.661) Reducciones de capital (32.978) - (467.577) 500.000 - - - - (555) Adquisición de autocartera - - - (500.000) - - - - (500.000) Consolidación de pagos de planes basados en - - 1.577 9.445 - - (16.839) - (5.817) acciones Dividendo - - (294.709) - - (287.580) - - (582.289) Otras variaciones de patrimonio neto - - - - - - 30.724 - 30.724 Coste del pago basado en acciones (nota 17) - - - - - - 30.724 - 30.724 Aplicación del resultado del ejercicio anterior - - 340.291 - (596.469) 256.178 - - - SALDO AL 31 DE DICIEMBRE DE 2018 996.016 6.021.802 (777.971) (67.292) 662.180 (287.580) 186.752 (3.601) 6.730.306 Total ingresos y gastos reconocidos - - - - 763.583 - - (1.134) 762.449 Operaciones con socios y propietarios - (694.507) (288.267) 7.724 - (287.728) (53.485) - (1.316.263) Consolidación de pagos de planes basados en acciones - - 726 7.724 - - (14.583) - (6.133) Componente de patrimonio neto del bono convertible reembolsado - - 38.418 - - - (38.902) - (484) Dividendo - (694.507) (327.411) - - (287.728) - - (1.309.646) Otras variaciones de patrimonio neto - - - - - - 32.874 - 32.874 Coste del pago basado en acciones (nota 17) - - - - - - 32.874 - 32.874 Aplicación del resultado del ejercicio anterior - - 374.600 - (662.180) 287.580 - - - SALDO AL 31 DE DICIEMBRE DE 2019 996.016 5.327.295 (691.638) (59.568) 763.583 (287.728) 166.141 (4.735) 6.209.366 1 Se refiere sólo a ajustes realizados por conversión de moneda. 4 INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Estado de flujos de efectivo correspondiente al ejercicio anual terminado el 31 de diciembre de 2019 (Expresado en miles de euros) Nota 2019 2018 FLUJOS DE EFECTIVO DE LAS ACTIVIDADES DE EXPLOTACIÓN Resultado del ejercicio antes de impuestos Resultado procedente de operaciones continuadas 746.132 661.169 Ajustes del resultado Ingresos financieros 13 (13.250) (5.524) Ingresos por dividendos 16 (825.146) (692.871) Gastos financieros 13 59.929 34.078 Cambios en el valor razonable de instrumentos financieros 18.715 (3.696) Diferencias de cambio (344) (75) Pagos basados en acciones 17 14.381 12.689 Cambios en el capital corriente Acreedores y otras cuentas a pagar 35.464 15.166 Deudores y otras cuentas a cobrar (62.246) 15.852 Otros pasivos corrientes 2.225 (6.641) Otros activos corrientes (5.783) 342 Otros flujos de efectivo de las actividades de explotación Pagos de intereses (1.594) (8.085) Cobros/(pagos) por impuesto sobre beneficios 112.808 (29.562) Cobros de dividendos percibidos de empresas del Grupo 825.146 692.871 FLUJOS
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