Revenue and Result1)

Revenue and result
  Jan – Dec 2023Jan – Dec 2022Change in %
Total revenue€m

35,442

30,895

15

of whichtraffic revenue€m

29,926

25,864

16

Total operating income€m

38,429

33,268

16

Operating expenses€m

35,960

31,771

13

Adjusted EBITDA€m

4,910

3,719

32

Adjusted EBIT€m

2,682

1,520

76

EBIT€m

2,669

1,419

88

Net profit/loss€m

1,673

791

112

Key balance sheet and cash flow statement figures

Key balance sheet and cash flow statement figures
  Jan – Dec 2023Jan – Dec 2022Change in %
Total assets€m

45,321

43,335

5
Equity ratio%

21.4

19.6

1.8 pp
Net indebtedness€m

5,682

6,871

-17
Net pension obligations€m

2,676

1,993

34
Ratio of net indebtedness + net pension obligations to equityRatio

46:54

51:49

 
Cash flow from operating activities€m

4,945

5,168

-4
Capital expenditure (gross)2)€m

3,576

2,379

50
Capital expenditure (net)€m

2,811

2,286

23
Adjusted free cash flow€m

1,846

2,526

-27

Key profitability and value creation figures

Key profitability and value creation figures
  Jan – Dec 2023Jan – Dec 2022Change in %
Adjusted EBITDA-margin%

13.9

12.0

1.9 pp
Adjusted EBIT-margin%

7.6

4.9

2.7 pts
EBIT-margin%

7.5

4.6

2.9 pts
Adjusted ROCE%

13.1

7.6

5.5 pp

The Lufthansa share

The Lufthansa Share
  Jan – Dec 2023Jan – Dec 2022Change in %
Share price at year-end

8.05

7.77

4
Earnings per share

1.40

0.66

112
Suggested dividend per share

0.30

- 

Traffic figures and environmental data3)

Traffic figures and environmental data
  Jan – Dec 2023Jan – Dec 2022Change in %
Flightsnumber

946,132

826,603

14
Passengerstsd.

122,535

101,775

20
Available seat-kilometresmillions

300,582

259,428

16
Revenue seat-kilometresmillions

249,269

207,030

20
Passenger load factor%

82.9

79.8

3.1 pts
Available cargo tonne-kilometresmillions

15,497

14,194

9
Revenue cargo tonne-kilometresmillions

8,735

8,562

2
Cargo load factor%

56.4

60.3

-3.9 pts
Specific CO2 emissionsgrammes

88.4

90.0

-2

Employees

Employees
  Jan – Dec 2023Jan – Dec 2022Change in %
Employees as of 31.12.number

96,677

109,509

-12
Average number of employeesnumber

110,264

106,889

3

1) Previous year’s figures adjusted due to disposal of the LSG group.
2) Without share purchases.​​​​​​​
3) Previous year’s figures adjusted.