{
  "docId": "019dd923-5eff-723e-9be7-5d6e73ab277d",
  "docSlug": "f9e84ffd149e06c5",
  "documentTitle": "2025 Annual Report",
  "authorId": "Lufthansa",
  "authorName": "Lufthansa Group",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.414,
  "pageNumber": 274,
  "pageCount": 414,
  "prevPage": 273,
  "nextPage": 275,
  "slideType": "appendix_disclosure",
  "function": "appendix",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": "Page 274 of the Lufthansa Group Annual Report 2025.",
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be7-5d6e73ab277d/274",
  "deckHref": "/decks/019dd923-5eff-723e-9be7-5d6e73ab277d",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-5d6e73ab277d.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-5d6e73ab277d#slide-274",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Until they are used, sold flight documents are recognised as an obligation from unused flight documents.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-78b2-7055-a466-060f06a23d9d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.41,
        "x": 0.531,
        "y": 0.721
      },
      "kind": "paragraph",
      "text": "The calculation method for the legal and economic expiry rate entails calculating the expiry rate from the values observed in prior years.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "075785c0-6a33-4fa1-82e5-0d1493b7392b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.41,
        "x": 0.531,
        "y": 0.258
      },
      "kind": "paragraph",
      "text": "The Lufthansa Group uses various bonus miles programmes with the aim of ensuring long-term customer loyalty.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1bc17f29-2450-42ab-8ae5-56c61d64764f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.41,
        "x": 0.083,
        "y": 0.515
      },
      "kind": "paragraph",
      "text": "Obligations from share-based equity-settled remuneration are measured at fair value, applying a suitable valuation model at the time of the award.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2ca42930-da11-404d-bc00-8ef3434e0dfc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.41,
        "x": 0.531,
        "y": 0.412
      },
      "kind": "paragraph",
      "text": "Observable past redemption patterns are used to measure the premium claims that are collected on flights with airlines in the Lufthansa Group.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3b427466-8dc9-4619-8d1f-71a8a1aaf3f3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.41,
        "x": 0.531,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "Until they are used, sold flight documents are recognised as an obligation from unused flight documents. Coupons that are unlikely to be used any more are recognised as traffic revenue.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "51d63663-7aeb-4ec0-9689-01b266de37f0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.41,
        "x": 0.083,
        "y": 0.258
      },
      "kind": "paragraph",
      "text": "Liabilities: Trade payables and other financial liabilities are initially recognised at fair value, whereby fair value is generally equal to the carrying amount. Measurement in subsequent periods is at amortised cost using the effective interest method.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5c972474-7da5-4775-9ae0-290bc1657d9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.41,
        "x": 0.531,
        "y": 0.665
      },
      "kind": "paragraph",
      "text": "Premium points collected from other partners are measured at the amounts paid by these partners in relation to the average number of miles collected and redeemed.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9c230f62-7aaf-48db-b151-e357c5fd46a9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.41,
        "x": 0.083,
        "y": 0.683
      },
      "kind": "paragraph",
      "text": "Contract liabilities: A contract liability is an obligation on the part of the Group towards a customer to provide goods or services for which the customer has already performed an obligation.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9f9fb53a-8afe-43a2-859d-d9741d6ad36a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.41,
        "x": 0.083,
        "y": 0.18
      },
      "kind": "paragraph",
      "text": "If no provision could be recognised because one of the stated criteria was not fulfilled, the corresponding obligations are shown as contingent liabilities and discussed in the relevant section.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dc259153-d9ad-4354-9423-dbe1aa496b82",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.41,
        "x": 0.083,
        "y": 0.412
      },
      "kind": "paragraph",
      "text": "Obligations from cash-settled share-based payment transactions are measured at fair value in accordance with IFRS 2. Fair value is derived using a Monte Carlo simulation.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e303080d-7732-4d97-a90a-1a790c5fd527",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.41,
        "x": 0.083,
        "y": 0.34
      },
      "kind": "paragraph",
      "text": "Liabilities denominated in foreign currencies are measured at the closing rate.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ee7a0c9e-fbc2-45c6-877b-bd259b3649ac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.01,
        "w": 0.18,
        "x": 0.313,
        "y": 0.055
      },
      "kind": "title",
      "text": "Consolidated financial statements",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c653d05f-6307-432c-8446-77df67ecdf87",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 414,
      "from": 251,
      "beatId": "019debc8-a195-77f8-abd5-1c04c5a80119",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Action (Now What)",
      "beatSlug": null,
      "evidence": "Forecast, financial statements, auditor opinion, remuneration, SDG/TCFD index",
      "position": 3,
      "confidence": 60,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}