AIRBUS - 2019 Financial Statements
2.4 Airbus Performance Notes to the IFRS Consolidated Financial Statements /
Deferred income taxes as of 31 December 2019 are related to the following assets and liabilities:
Movement through income statement
31 December 2019
1 January 2019 Other movements
Deferred tax assets
Deferred tax liabilities
R&D tax credits
Deferred tax benefit (expense)
Deferred tax assets
Deferred tax liabilities
OCI / IAS 19 Others (1)
(In € million)
Intangible assets
147
(462)
0
(16)
0
49
221
(503)
Property, plant and equipment
613 (1,011)
0
(3)
0
176
55
(281)
Investments and other long-term financial assets
1,416
(14)
0
21
0
436
1,897
(38)
Inventories
1,416
(13)
0
(3) 51
0 0 0 0 0 0 0
1,199 1,292
2,636 1,937
(37)
Receivables and other assets
646 (1,681)
319
(1,310)
Prepaid expenses
12
0
0
0
1
13
0 0
Provisions for retirement plans
695
(57)
884
11
(573) (448)
961
Other provisions
1,890
44
0 0 0 0
(17)
2,026 1,528
(557)
Liabilities
887 (1,689)
(79)
(1,233)
(3,642)
Deferred income
0
(63)
3 0
(157)
19
(236)
NOLs and tax credit carry forwards Deferred tax assets (liabilities) before offsetting Valuation allowances on deferred tax assets
1,868
0
(33)
238
2,073
0
9,590 (4,946)
1,203
(32)
(33)
981 13,366 (6,604)
(1,127)
0 (453)
0 (105)
(467)
(2,152)
0
Set-off
(3,628)
3,628
0
0
0
0 (6,206)
6,206
Net deferred tax assets (liabilities)
4,835 (1,318)
750
(32)
(138)
514
5,008
(398)
(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.
Deferred income taxes as of 31 December 2018 are related to the following assets and liabilities:
Movement through income statement
1 January 2018 Other movements
31 December 2018
R&D tax credits
Deferred tax benefit (expense)
Deferred tax assets
Deferred tax liabilities
Deferred tax assets
Deferred tax liabilities
OCI / IAS 19 Others (1)
(In € million)
Intangible assets
70
(586)
0 0
0 1
0 0
201 177
147 613
(462)
Property, plant and equipment
681 (1,257)
(1,011)
Investments and other long-term financial assets
559
(167)
0 0
9 0
0 0 0 0 0 0 0 0
1,001 1,898 (1,831)
1,416 1,416
(14) (13)
Inventories
1,376 (1,871) 3,553 (3,286)
Receivables and other assets
590
(61)
646
(1,681)
Prepaid expenses
0
(2)
0
0
14
12
0
Provisions for retirement plans
1,480
0 (156)
27
(713) (335)
695
(57)
Other provisions
3,508 (1,239) 2,504 (2,211)
0
0
1,890
44
Liabilities
123
(4)
(1,214)
887
(1,689)
Deferred income
(94)
(67)
0 0
0
98
0
(63)
NOLs and tax credit carry forwards Deferred tax assets (liabilities) before offsetting Valuation allowances on deferred tax assets
1,617
0
86
(41)
206
1,868
0
15,254 (10,686)
557
58
(41)
(498)
9,590 (4,946)
(1,008) (9,684)
0
169
11
0 0
(299)
(1,127)
0
Set-off
9,684
0
0
0
(3,628)
3,628
Net deferred tax assets (liabilities)
4,562 (1,002)
726
69 (41)
(797)
4,835 (1,318)
(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.
34
Airbus / Financial Statements 2019
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