AIRBUS - 2020 Financial Statement

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

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

Carrying amount (In € million)

Principal amount (In million)

Coupon or interest rate

Effective interest rate

31 December 2020

Issuance date

Maturity date

2019

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 +0.50% Interest rate swapped into 3M Euribor +0.66%

US$ Bond 10 years US$1,000

845

896 Apr 2013

2.70% 2.77% Apr 2023

EMTN 10 years

€1,000

1,047

1,049 Apr 2014 2.375% 2.424% Apr 2024

EMTN 15 years

€500

571

555 Oct 2014 2.125% 2.208% Oct 2029

EMTN 10 years

€600

626

617 May 2016 0.875% 0.980% May 2026

983

940 May 2016 1.375% 1.502% May 2031

EMTN 15 years

€900

EMTN 5 years

€750

745

- Mar 2020 1.625% 1.798% April 2025

1,243

- June 2020 1.375% 1.474% June 2026

EMTN 6 years

€1,250

EMTN 8 years

€750

745

- Mar 2020

2% 2.099% April 2028

1,237

- June 2020 1.625% 1.737% June 2030

EMTN 10 years

€1,250

EMTN 12 years

€1,000

987

- June 2020 2.375% 2.494% April 2032

988

- Mar 2020 2.375% 2.437% June 2040

EMTN 20 years

€1,000

Exchangeable into Dassault Aviation shares issued at 103.75% Interest rate swapped into 3M Libor +0.87% Interest rate swapped into 3M Libor +1.61%

Exchangeable bonds 5 years

€1,078

1,075

1,068 Jun 2016

0.00% 0.333% Jun 2021

US$ Bond 10 years

US$750

672

687 Apr 2017

3.15% 3.20% Apr 2027

US$ Bond 30 years

US$750

667

680 Apr 2017

3.95% 4.02% Apr 2047

July 2026 to July 2029

ACLP Private placement

July 2020, Dec 2020

1.982%- 2.544%

2.77%- 3.09%

US$830

676

-

Bonds

13,107 6,491

3M US-Libor +1.15% 4.84% Jan 2021

Interest rate swapped into 4.76% fixed

DBJ 10 years

US$300

81

89 Jan 2011

Others

448

261

Liabilities to financial institutions

529

350

Reconciliation of liabilities arising from financing liabilities:

Non-cash movements

Balance at 31 December 2020

Balance at 1 January 2020

Foreign exchange movements Others (1)

Cash flows

Changes in scope

(In € million)

Bonds and commercial papers

6,491

6,660

0

(44)

0

13,107

Liabilities to financial institutions

350

292

0

(47)

(66)

529

Loans

283

(73)

0

(22)

0

188

Finance lease liabilities

1,560

(331)

0

(36)

605

1,798

Others

1,464

109

0

(100)

0

1,473

Total

10,148 6,657

0

(249)

539

17,095

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

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Airbus / Financial Statements 2020