AIRBUS - 2019 Financial Statements

Notes to the IFRS Company Financial Statements /

13. Cash, Securities and Financing Liabilities

13.1 Net Cash

31 December

2019

2018

(In € million)

Cash and Cash equivalents

8,129

7,886

2,255

2,073

Current Securities

10,811

10,473

Non-Current Securitries

21,195

20,432

Gross Cash position

(6,580)

(6,746)

Short-term financing liabilities

Long-term financing liabilities

0

0

Total

14,615

13,686

13.2 Cash and Cash Equivalents Cash and cash equivalents are composed of the following elements:

31 December

2019

2018

(In € million)

Bank accounts and petty cash

463

326

7,014

6,576

Short-term securities (at fair value through profit or loss)

Short-term securities (at fair value through OCI)

652

984

Total cash and cash equivalents

8,129

7,886

Only securities with a maturity of three months or less from the date of the acquisition, that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value are recognised in cash equivalents.

13.3 Securities

31 December

2019

2018

(In € million)

Current securities at fair value through OCI

2,255

2,073

10,811

10,135

Non-current securities at fair value through OCI

0

338

Non-current securities at fair value through profit or loss

Total securities

13,066

12,546

Included in the securities portfolio as of 31 December 2019 and 2018, respectively, are corporate and government bonds bearing either fixed rate coupons (€12,586 million nominal value; 2018:

€12,067 million) or floating rate coupons (€121 million nominal value; 2018: €479 million).

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Airbus / Financial Statements 2019