AIRBUS - 2019 Financial Statements

2.2 Airbus Structure Notes to the IFRS Consolidated Financial Statements /

8.2 Investments in Associates The Company’s interests in associates, accounted for under the equity method, are stated in aggregate in the following table:

2019

2018

(In € million)

Carrying amount of the investment at 1 January

209

193

35

39

Share of results from continuing operations

(14)

11

Share of other comprehensive income

(21)

(36)

Dividends received during the year

Changes in consolidation

0

1

(27)

1

Others

Carrying amount of the investment at 31 December

182

209

The cumulative unrecognised comprehensive loss for these associates amounts to € -52 million and € -30 million as of 31 December 2019 and 2018, respectively (thereof € -22 million for the period).

9.

Related Party Transactions

Sales of goods and services and other income

Purchases of goods and services and other expenses

Loans granted / Other receivables due at 31 December

Loans received / Other liabilities due at 31 December

Receivables at 31 December

Liabilities at 31 December

(In € million)

2019 Total transactions with associates Total transactions with joint ventures 2018 Total transactions with associates Total transactions with joint ventures

4

204

5

36

97

7

2,069

268

1,289

1,432

2

1,222

13

222

3

39

95

20

2,197

209

1,200

1,175

0

1,121

Transactions with unconsolidated subsidiaries are immaterial to the Company’s Consolidated Financial Statements. As of 31 December 2019, the Company granted guarantees of €129 million to Air Tanker Group in the UK (2018: €129 million).

For information regarding the funding of the Company’s pension plans, which are considered as related parties, see “– Note 31: “Post-Employment Benefits”. The information relative to compensation and benefits granted to Members of the Executive Committee and Board of Directors are disclosed in “– Note 33: Remuneration”.

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Airbus / Financial Statements 2019