AIRBUS - 2019 Financial Statements

2.7 Capital Structure and Financial Instruments Notes to the IFRS Consolidated Financial Statements /

The terms and repayment schedules of these bonds and loans are as follows:

Carrying amount (In € million) 31 December 2019

Principal amount (In million)

Coupon or interest rate

Effective interest rate

Issuance date

Maturity date

2018

Additional features

Interest rate swapped into 3M Libor +0.68% Interest rate swapped into 3M Euribor +1.40% Interest rate swapped into 3M Euribor +0.84% Interest rate swapped into 3M Euribor Interest rate swapped into 3M Euribor Convertible into Airbus SE shares at € 99.54 per share issued at 102% Exchangeable into Dassault Aviation shares issued at 103.75%

US$ Bond 10 years US$ 1,000

896

848 Apr 2013

2.70% 2.73% Apr 2023

EMTN 10 years

€ 1,000

1,049

1,038 Apr 2014 2.375% 2.394% Apr 2024

EMTN 15 years

€ 500

555

523 Oct 2014 2.125% 2.194% Oct 2029

EMTN 10 years

€ 600

617

594 May 2016 0.875% 0.951% May 2026

940

865 May 2016 1.375% 1.49% May 2031

EMTN 15 years

€ 900

Convertible bond 7 years

€ 500

0

477 Jul 2015

0.00% 1.386% Jul 2022

Exchangeable bonds 5 years

€ 1,078

1,068

1,061 Jun 2016

0.00% 0.333% Jun 2021

Interest rate swapped into 3M Libor +0.87% Interest rate swapped into 3M Libor +1.61%

US$ Bond 10 years

US$ 750

687

632 Apr 2017

3.15% 3.16% Apr 2027

US$ Bond 30 years

US$ 750

680

621 Apr 2017

3.95% 4.02% Apr 2047

Bonds

6,491 6,659

3M US-Libor +1.15%

Interest rate swapped into 4.76% fixed

Jan 2021

DBJ 10 years

US$ 300

89

87 Jan 2011

Others

261

266

Liabilities to financial institutions

350

353

Reconciliation of liabilities arising from financing liabilities:

Non-cash movements

Balance at 31 December 2019

Balance at 31 December 2018

Balance at 1 January 2019

Foreign exchange movements Others (1)

IFRS 16 Impact

Cash flows

Changes in scope

(In € million)

Bonds and commercial papers

6,659

0

6,659 (168)

0

0

0

6,491

Liabilities to financial institutions

353

0

353

0

0

(3)

0

350

Loans

299

0

299 106

(60)

(62)

0

283

Finance lease liabilities

330 1,352

1,682 (294)

0

172

0

1,560

Others

1,285

0

1,285 196

0

(17)

0

1,464

Total

8,926 1,352 10,278 (160)

(60)

90

0

10,148

(1) Included in “other assets and liabilities and others” in the Statements of Cash Flows.

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Airbus / Financial Statements 2019