AIRBUS - 2020 Financial Statement

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

The following table presents the carrying amounts and fair values of financial instruments by class and by IFRS 9 measurement category as of 31 December 2020:

Financial instruments total

Financial assets and liabilities at amortised cost

Fair value through profit or loss

Fair value through OCI

Amortised cost

Fair value

Book value

Fair value

(In € million)

Assets Other investments and other long-term financial assets Equity investments (1)

967

1,278

0

0

2,245

2,245

Customer financing

237

0

0

0

237

237

Other loans

0

0

1,841

1,841

1,841

1,841

Trade receivables

0

0

5,132

5,132

5,132

5,132

Contract assets

0

0

1,122

1,122

1,122

1,122

Other financial assets

4,424

4,424

Derivative instruments

4,424

0

0

0

Non-derivative instruments

0

0

1,491

1,491

1,491

1,491

Securities

0

6,968

0

0

6,968

6,968

Cash and cash equivalents

9,654

512

4,273

4,273

14,439

14,439

Total

15,282

8,758

13,859 13,859

37,899

37,899

Liabilities Financing liabilities Bonds and commercial papers Liabilities to financial institutions and others

(13,107)

(13,997)

0

0

(13,107)

(13,997)

0

0

(2,190)

(2,190)

(2,190)

(2,190)

Finance lease liabilities

0

0

(1,798)

(1,798)

(1,798)

(1,798)

Other financial liabilities Derivative instruments

(2,817)

(2,817)

(2,817)

0

0

0

European Governments’ refundable advances (2)

0

0

(3,912)

(3,912)

(3,912)

(3,912)

Others

0

0

(697)

(697)

(697)

(697)

Trade liabilities

0

0

(8,722)

(8,722)

(8,722)

(8,722)

Total

(2,817)

0

(30,426)

(31,316)

(33,243)

(34,133)

(1) Other than those accounted for under the equity method. (2) The European Governments’ refundable advances of € -3,912 million are measured at amortised cost. Fair values cannot be reliably measured because their risk sharing nature and the uncertainty of the repayment dates give rise to a broad range of reasonable fair value estimates and make it impossible to reasonably assess the probabilities of the various estimates within the range. This may change and reliable fair value measures become available as the related programmes approach the end of production.

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Airbus / Financial Statements 2020

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