AIRBUS - 2019 Financial Statements
Notes to the IFRS Company Financial Statements /
The following table presents the carrying amounts and fair values of financial instruments by class and by IFRS 9 measurement category as of 31 December 2018:
Financial assets and liabilities at amortised cost
Financial instruments total
Fair value through profit or loss
Fair value through OCI
Amortised cost
Fair value
Book value
Fair value
(In € million)
Assets Other investments and long-term financial assets Equity instruments
1,171
0
0
0
1,171
1,171
Loans
0
0
1,708 1,739
1,708
1,739
Trade receivables
0
0
165
165
165
165
Other financial assets
Derivative instruments
3,794
0
0
0
3,794
3,794
Current account Airbus companies
0
0
8,013 8,013
8,013
8,013
Securities
338
12,208
0
0
12,546 12,546
Cash and cash equivalents
6,576
984
326
326
7,886
7,887
Total
11,879
13,192
10,212 10,243 35,283 35,315
Liabilities Financing liabilities Issued bonds and commercial papers
0
0
2,813 2,832
2,813
2,832
Liabilities to financial institutions and others
0
0
87
88
87
88
Internal loans payable
0
0
3,846 3,950
3,846
3,950
Other financial liabilities Derivative instruments
3,921
0
0
0
3,921
3,921
Current accounts Airbus companies
0
0
30,175 30,175
30,175 30,175
Total
3,921
0
36,922 37,045 40,842 40,966
Fair Value Hierarchy For further details please refer to Note 37.2 “Carrying Amounts and Fair Values of Financial Instruments” in the Consolidated Financial Statements. The fair values disclosed for financial instruments accounted for at amortised cost reflect Level 2 input. The following table presents the carrying amounts of the financial instruments held at fair value across the three levels of the fair value hierarchy as of 31 December 2019 and 2018, respectively:
31 December 2019
31 December 2018
Level 1 Level 2
Total
Level 1 Level 2
Total
(In € million)
Financial assets measured at fair value Equity instruments
1,094
0
1,094
1,171
0
1,171
4
0
4,843
4,843
0
3,794
3,794
Derivative instruments
13,066
0
13,066
12,546
0
12,546
Securities
7,014
652
7,666
6,577
984
7,561
Cash equivalents
Total
21,174
5,495
26,669 20,294
4,778 25,072
Financial liabilities measured at fair value
0
0
0
0
0
0
Derivative instruments
0
(4,691)
(4,691)
0
(3,921)
(3,921)
0
0
0
0
0
0
Other financial liabilities
Total
0 (4,691)
(4,691)
0 (3,921)
(3,921)
107
Airbus / Financial Statements 2019
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