AIRBUS - 2019 Financial Statements

Airbus SE – IFRS Company Financial Statements /

IFRS Company Statement of Cash Flows for the years ended 31 December 2019 and 2018

2019

Note

2018

(In € million)

Operating Activities Profit (loss) for the period (Net income)

(3,665)

(227)

Adjustments to reconcile profit for the period to cash provided by operating activities Interest income

(202)

(233)

236

195

Interest expense

176

260

Interest received

Interest paid

(175)

(139)

5

44

Tax (income) expense

(1)

0

Result on disposals of assets

0

0

Depreciation and amortisation

(72)

39

Valuation adjustments

0

(12)

Change in income tax assets, income tax liabilities and provisions for income tax

(34)

(45)

Dividends received

Change in current and non-current provisions

(1)

1

3,813

(553)

Change in other operating assets and liabilities

185

(134)

Trade receivables

35

(425)

Trade liabilities

3,593

6

Other assets and liabilities and others

80

(670)

Cash provided by (used for) operating activities

Investing activities Acquisitions of subsidiaries, joint ventures, businesses and non-controlling interests (net of cash)

8

(164)

(270)

(449)

(532)

Payments for long-term financial assets

306

1,935

Proceeds from long-term financial assets

34

45

Dividends received

(2,687)

(1,874)

Payments for investments in securities

2,361

1,845

Proceeds from disposals of securities

(599)

1,149

Cash provided by (used for) investing activities

Financing activities Increase in financing liabilities

0

0

0

(2,180)

Repayment of financing liabilities

1,901

(326)

Change in current accounts Airbus companies

(1,280)

(1,161)

Cash distribution to Airbus SE shareholders

138

117

Changes in capital

(31)

(49)

Changes in Treasury shares

728

(3,599)

Cash provide by (used for) financing activities

Effect of foreign exchange rate changes on cash and cash equivalents

34

(32)

Net increase (decrease) in cash and cash equivalents

243

(3,152)

Cash and cash equivalents at beginning of period

7,886

11,038

8,129

7,886

Cash and cash equivalents at end of period

13

88

Airbus / Financial Statements 2019