AIRBUS - 2020 Universal Registration Document

Contents

Universal Registration Document 2020

Risk Factors

07

1.

Financial Market Risks

08

2.

Business-Related Risks

13

3.

Legal Risks

21

4.

Environment, Human Rights, Health & Safety Risks 23

1

Information on the Company’s Activities

27

1.1

Presentation of the Company

28 28 32 41 45 51 51 52 54 58 58

1.1.1 Overview

1.1.2 Airbus (Commercial Aircraft)

1.1.3 Helicopters

1.1.4 Defence and Space

1.1.5 Investments 1.1.6 Insurance

1.1.7 Legal and Arbitration Proceedings

1.1.8 Research and Technology

1.2

Non-Financial Information

1.2.1 The Company’s Approach to Sustainability 1.2.2 Lead the Journey Towards Clean Aerospace 63 1.2.3 Build Our Business on the Foundation of Safety and Quality 74 1.2.4 Respect Human Rights and Foster Inclusion 78 1.2.5 Exemplify Business Integrity 86 1.2.6 Responsible Supply Chain 89 1.2.7 Community Engagement 94 1.3 Recent Developments 95 2

Management’s Discussion and Analysis of Financial Condition and Results of Operations 97

2.1

Operating and Financial Review

98 99

2.1.1 Overview

2.1.2 Significant Accounting Considerations, Policies and Estimates

102 103

2.1.3 Performance Measures 2.1.4 Results of Operations 107 2.1.5 Changes in Total Equity (Including Non-Controlling Interests) 111 2.1.6 Liquidity and Capital Resources 112 2.2 Financial Statements 116 2.3 Statutory Auditor Fees 116 2.4 Information Regarding the Statutory Auditors 116

4

Airbus / Registration Document 2020