AIRBUS - 2020 Financial Statement
2. Notes to the IFRS Consolidated Financial Statements / 2.4 Airbus Performance
Deferred income taxes as of 31 December 2020 are related to the following assets and liabilities:
Movement through income statement
31 December 2020
1 January 2020 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
221
(503) (281)
0
(10)
0
(11)
186
(489) (313)
Property, plant and equipment
55
0
(4)
0
(53)
30
Investments and other long-term financial assets
1,897 2,636
(38) (37)
0
(14)
0
(754)
1,174
(83)
Inventories
0
(15)
0 0 0 0 0 0 0
(1,099)
3,088 2,457
(1,603) (1,692)
Receivables and other assets
1,937 (1,310)
(1,086)
53
1,171
Prepaid expenses
13
0 0
0
0
(15)
0
(2)
Provisions for retirement plans
961
451
(16)
(208)
1,188
0
Other provisions
2,026
(557)
0
(4)
248 338
2,043
(330)
Liabilities
1,528 (3,642)
160
(83)
1,966 (3,665)
Deferred income
19
(236)
0 0
2
151
53
(117)
NOLs and tax credit carry forwards Deferred tax assets (liabilities) before offsetting Valuation allowances on deferred tax assets
2,073
0
(69)
(43)
322
2,283
0
13,366 (6,604)
(475)
(160)
(43)
90 14,468 (8,294)
(2,152)
0
(59)
48
(83)
(356)
(2,602) (7,843)
0
Set-off
(6,206)
6,206
0
0
0
0
7,843
Net deferred tax assets (liabilities)
5,008 (398)
(534)
(112)
(126)
(266)
4,023
(451)
(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.
Deferred income taxes as of 31 December 2019 are related to the following assets and liabilities:
Movement through income statement
1 January 2019 Other movements
31 December 2019
2
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
147
(462)
0 0
(16)
0 0
49
221
(503) (281)
Property, plant and equipment
613 (1,011)
(3)
176
55
Investments and other long-term financial assets
1,416 1,416
(14) (13)
0 0
21 (3) 51
0 0 0 0 0 0 0 0
436
1,897 2,636 1,937
(38) (37)
Inventories
1,199 1,292
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) (79)
2,026 1,528
(557)
Liabilities
887 (1,689)
(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.
33
Airbus / Financial Statements 2020
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