Table T-5.14

Delta Air Lines

Normalized Balance Sheet
  1999 1998
Assets . .
Cash 7 11
Receivables 4 6
Inventory 0 0
Other current assets 6 5
Total Current Assets 16 23
Fixed Assets 69 64
Intangibles 5 3
Other 9 10
Total Assets 100 100
Liabilities/Equity . .
Notes payable 0 0
Current portion of LTD 4 1
Trade Payable 24 25
Tax Payable 0 0
Other Current Liabilites 4 5
Total Current Liabilities 32 31
Long Term Debt (LTD) 29 31
Deferred Taxes 5 2
Other 3 4
Equity 28 29
Total 100 100
Source: Delta Air Lines 1999 Annual Report