25 March, 2023

SAS files monthly operating reports with U.S. court and announces certain financial information for the Group

As part of its voluntary chapter 11 process in the U.S. SAS is required to release monthly reports containing certain financial information for the period of November 1, 2022, to February 28, 2023.

In connection with these Court filings, SAS announces the following information.  

Financial Information, SAS Group million SEK (million USD)1)
November 1, 2022 – February 28, 2023
Revenue 10,372 (998)
Net income for the period -3,601 (-347)
As of February 28, 2023
Total assets 55,472 (5,339)
Total liabilities 58,858 (5,665)
Cash and cash equivalents 5,311 (511)
1) Amounts in SEK have been recalculated to USD based on the Swedish Riksbank’s SEK/USD exchange rate of 10.3904 as of February 28, 2023.




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