American Airlines Group Inc.

Comparative Balance Sheet

*All Values in Millions (Philippine Currency) 2016 2015
*Calendar Year (January to December)
ASSETS
Cash & Short Term Investments
346,768 325,576
Cash Only
76,768 98,155
Short-Term Investments
270,000 227,421
Total Accounts Receivable
76,768 66,764
Accounts Receivables, Net
78,998 66,764
Accounts Receivables, Gross
78,998 66,764
Bad Debt/Doubtful Accounts - -
Inventories
54,218 40,433
Raw Materials
54,218 40,433
Other Current Assets
31,669 35,045
Miscellaneous Current Assets
31,669 35,045
Total Current Assets
511,652 467,819
Net Property, Plant & Equipment 1,544,224 1,288,904
Property, Plant & Equipment - Gross 2,247,672 1,904,729
Machinery & Equipment 1,835,089 1,554,790
Construction in Progress - -
Leases - -
Other Property, Plant & Equipment
412,583 349,939
Accumulated Depreciation
703,448 615,825
Intangible Assets
310,441 297,043
Net Goodwill
202,748 191,672
 Net Other Intangibles
107,693 105,371
Other Assets
100,556 98,530
Tangible Other Assets
100,556 98,530
Total Assets
2,541,114 2,268,349
LIABILITIES & SHAREHOLDER'S EQUITY
ST Debt & Current Portion LT Debt
91,933 104,527
Current Portion of Long Term Debt
91,933 104,527
Accounts Payable
78,899 73,230
Other Current Liabilities
516,658 459,667
Accrued Payroll
75,132 56,457
Miscellaneous Current Liabilities
441,526 403,210
Total Current Liabilities
687,489 637,424
Long-Term Debt 1,114,544
867,843
Long-Term Debt excl. Capitalized Leases 1,114,544
867,843
Non-Convertible Debt 1,114,544
867,843
Capitalized Lease Obligation - -
Provision for Risks & Charges
388,646 349,049
Deferred Taxes (74,240)
(116,053)
Deferred Taxes - Debit
74,240 116,053
Other Liabilities
162,853 150,021
Other Liabilities (excl. Deferred Income)
136,784 118,770
Deferred Income
26,068 31,250
 Total Liabilities 2,353,531
2,004,337
Common Equity (Total)
187,583 264,012
Common Stock Par/Carry Value 248 281
Additional Paid-In Capital/Capital
Surplus 357,968 543,064
Unrealized Gain/Loss Marketable - (469)
Securities
Retained Earnings (57,628)
81,278
Other Appropriated Reserves
(251,911) (221,236)
Total Shareholders' Equity
187,583 264,012
Total Equity
187,583 264,012
Liabilities & Shareholders' Equity 2,541,114
2,268,349

American Airlines Group Inc. Comparative Income Statement

*All Values in Millions (Philippine Currency) 2016 2015
*Calendar Year (January to December)
Sales/Revenue 1,991,301 1,920,472
Cost of Goods Sold (COGS) incl. D&A 1,363,927 1,265,665
COGS excluding D&A 1,273,431 1,190,374
Depreciation & Amortization Expense 90,496 75,291
Depreciation & Amortization Expense 86,729 72,715
Amortization of Intangibles 3,767 2,577
Gross Income 627,374 654,806
SG&A Expense 82,764 80,914
Other SG&A 82,764 80,914
Other Operating Expense 246,905 232,200
EBIT 297,704 341,693
Unusual Expense 38,260 50,600
Non-Operating Income/Expense (396)
(35,420)
Non-Operating Interest Income 3,122 1,827
Interest Expense 49,113 41,230
 Gross Interest Expense 51,344 43,666
Interest Capitalized 2,230 2,436
Pretax Income 213,056 216,270
Income Tax 80,435
(140,275)
Income Tax - Current Domestic 595 937
Income Tax - Deferred Domestic 79,840
(141,213)
Consolidated Net Income 132,621 356,545
Net Income 132,621 356,545
Net Income After Extraordinaries 132,621 356,545
Net Income Available to Common 132,621 356,545
Basic Shares Outstanding 27,357 31,297
Diluted Shares Outstanding 27,555 32,187
EBITDA 388,200 416,985
EBIT 297,704 341,693

American Airlines Group Inc. Comparative Cash Flow

*All Values in Millions (Philippine Currency) 2016 2015
*Calendar Year (January to December)
OPERATING ACTIVITIES
Net Income before Extraordinaries 132,621 356,545
Depreciation, Depletion & Amortization 90,099 75,385
Depreciation and Depletion 86,333 72,808
Amortization of Intangible Assets 3,767 2,577
Deferred Taxes & Investment Tax Credit 79,840 (141,213)
Deferred Taxes 79,840 (141,213)
Other Funds 8,177 10,776
Funds from Operations 310,738 301,494
Changes in Working Capital 12,588 (8,715)
Receivables (7,930) 16,492
Inventories - -
Accounts Payable 15,215 8,105
Other Assets/Liabilities 5,303 (33,312)
Net Operating Cash Flow 323,326 292,779

INVESTING ACTIVITIES
Capital Expenditures (284,025) (304,840)
Capital Expenditures (Fixed Assets) (284,025) (304,840)
Sale of Fixed Assets & Businesses 6,096 1,735
Purchase/Sale of Investments (7,384) 21,955
Purchase of Investments (309,301) (402,721)
Sale/Maturity of Investments 301,916 424,675
Other Uses - -
Other Sources 99 -
Net Investing Cash Flow (285,215) 281,151

FINANCING ACTIVITIES
Cash Dividends Paid - Total (11,101) (13,778)
Common Dividends (11,101) (13,778)
Change in Capital Stock (223,018) (190,606)
Repurchase of Common & Preferred Stk. (223,018) (190,606)
Sale of Common & Preferred Stock - -
Other Proceeds from Sale of Stock -
Issuance/Reduction of Debt, Net 188,177 137,230
Change in Long-Term Debt 188,177 137,230
Issuance of Long-Term Debt 377,842 243,932
Reduction in Long-Term Debt (189,664) (106,702)
Other Funds 1,635 4,758
Other Sources 1,635 4,758
Net Financing Cash Flow (44,306) 62,395

Net Change in Cash (6,195) (32,000)

Free Cash Flow 39,301 4,592