AIRBUS - 2020 Financial Statement

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

The following table breaks down the gross carrying amount of loans and receivables as of 31 December 2020 and 2019, separately showing those that are impaired, renegotiated or past due:

Renego- tiated/ not past due/not impaired

Not past due

Past due > 3 and ≤ 6 months

Past due > 6 and ≤ 9 months

Past due > 9 and ≤ 12 months

Gross impaired

Past due ≤ 3 months

Past due > 12 months Impairment

Total

(In € million)

31 December 2020 Trade receivables

4,302

0

172

358

117

119

92

277

(305)

5,132

Contract assets 1,123

0

0

0

0

0

0

0

(1)

1,122

Others

2,396

4

431

302

130

23

10

366

(156)

3,506

Total

7,821

4

603

660

247

142

102

643

(462)

9,760

31 December 2019 Trade receivables

4,461

113

458

231

165

100

64

478

(396)

5,674

Contract assets 1,266

0

0

0

0

0

0

0

(8)

1,258

Others

2,499

7

531

174

26

31

56

588

(231)

3,681

Total

8,226

120

989

405

191

131

120

1,066

(635) 10,613

The management believes that the unimpaired amounts that are past due are still collectible in full, based on historic payment behaviour and analysis of customer credit risk, including underlying customers’ credit ratings if they are available. The following impairment losses on financial assets are recognised in profit or loss in 2020 and 2019, respectively:

2020

2019

(In € million)

Other loans

(143)

(33)

(71)

(167)

Trade receivables

0

(6)

Contract assets

Total

(214)

(206)

78

Airbus / Financial Statements 2020