AIRBUS - 2019 Financial Statements

2.5 Operational Assets and Liabilities Notes to the IFRS Consolidated Financial Statements /

The European Governments’ refundable advances decreased by € -300 million to € 4,277 million (2018: € 4,577 million), primarily related to the payments made on the A380 programme (see “– Note 11: Revenue and Gross Margin”).

The allocation of European Governments’ refundable advances between non-current and current presented in the IFRS Consolidated Financial Statements ended 31 December 2019 is based on the applicable contractual repayment dates.

26. Other Assets and Other Liabilities

Other Assets

31 December

2019

2018

(In € million)

Cost to fulfil a contract

351

777

86

33

Prepaid expenses

Others

85

78

522

888

Total non-current other assets

1,252

3,255

Value added tax claims

626

464

Cost to fulfil a contract

147

121

Prepaid expenses

398

406

Others

Total current other assets

2,423

4,246

Total

2,945

5,134

Other Liabilities

31 December

2019

2018

(In € million)

Others

384

460

384

460

Total non-current other liabilities

614

2,706

Tax liabilities (excluding income tax)

6,203

2,582

Others

Total current other liabilities

6,817

5,288

Total

7,201

5,748

thereof other liabilities due within 1 year

6,817

5,288

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Airbus / Financial Statements 2019