AIRBUS - 2020 Financial Statement

3. Airbus SE – IFRS Company Financial Statements /

IFRS Company Statement of Cash Flows for the years ended 31 December 2020 and 2019

2020

Note

2019

(In € million)

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

3,154

(3,665)

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

(142)

(202)

190

236

Interest expense

231

176

Interest received

Interest paid

(172)

(175)

3

5

Tax (income) expense

0

(1)

Results on disposals of assets

0

0

Depreciation and amortisation

903

(72)

Valuation adjustments

(42)

(34)

Dividends received

0

(1)

Change in current and non-current provisions

Change in other operating assets and liabilities

(4,063)

3,813

(469)

185

Trade receivables

45

35

Trade liabilities

(3,639)

3,593

Other assets and liabilities and others

62

80

Cash provided by operating activities

Investing activities Acquisitions of subsidiaries, joint ventures, businesses and non-controlling interests (net of cash) 10

(56)

(164)

Payments for long-term financial assets

(294)

(449)

383

306

Proceeds from long-term financial assets

7

-

Proceeds of subsidiaries, joint ventures, businesses and non-controlling interests (net of cash)

42

34

Dividends received

(157)

(2,687)

Payments for investments in securities

6,508

2,361

Proceeds from disposals of securities

6,433

(599)

Cash provided by (used for) investing activities

Financing activities Increase in financing liabilities

5,940

0

0

0

Repayment of financing liabilities

(9,672)

1,901

Change in current accounts Airbus companies

0

(1,280)

Cash distribution to Airbus SE shareholders

89

138

Change in capital

(4)

(31)

Change in treasury shares

(3,647)

728

Cash provide by (used for) financing activities

Effect of foreign exchange rate changes on cash and cash equivalents

(306)

34

Net increase in cash and cash equivalents

2,542

243

Cash and cash equivalents at beginning of period

8,129

7,886

10,671

8,129

Cash and cash equivalents at end of period

15

88

Airbus / Financial Statements 2020