Airbus - Financial Statements 2022

4. Notes to the IFRS Company Financial Statements Basis of Preparation

4.1 Basis of Preparation

1.

The Company

The Company’s principal activity is acting as a holding and management company for the subsidiaries of Airbus SE , the “Company”, a listed company in the form of a European public limited ‑ liability company (Societas Europaea), legally seated in Amsterdam (current registered office at Mendelweg 30, 2333 CS Leiden, The Netherlands) and registered at the Dutch

Commercial Register (Handelsregister) in The Hague under number 24288945. The Company is listed on the European stock exchanges in Paris, Frankfurt am Main, Madrid, Barcelona, Valencia and Bilbao. The IFRS Financial Statements were authorised for issue by the Company’s Board of Directors on 15 February 2023.

2.

Ukraine Crisis

Regarding the impact of the Ukraine Crisis, please refer to “– Note 2: Ukraine Crisis” of the Consolidated Financial Statements.

3.

Macroeconomic Environment

Regarding the impact of changes in the macroeconomic environment, please refer to “– Note 3: Macroeconomic Environment” of the Consolidated Financial Statements.

4.

Significant Accounting Policies

Basis of preparation — The Company’s Financial Statements are prepared in accordance with International Financial Reporting Standards (“IFRS”), issued by the International Accounting Standards Board (“IASB”) as endorsed by the European Union (“EU”) and with Part 9 of Book 2 of the Netherlands Civil Code. They are prepared and reported in euro (“€”) and all values are rounded to the nearest million appropriately. Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. In the Company Financial Statements of Airbus SE, unless otherwise disclosed, the same accounting principles have been applied as set out in the Notes to the Consolidated Financial Statements, except for the valuation of the investments as presented under investments in subsidiaries and associates in the Company Financial Statements. These policies have been consistently applied to all years presented. In the Company Financial Statements, the investments in subsidiaries and associates are recorded at acquisition cost. In the Company Income Statement, dividends received from investments are recorded as dividend income.

Due to this application, the Company equity and net result are not equal to the consolidated equity and net result. A reconciliation of the total shareholders’ equity and profit for the period is presented in “– Note 15: Total Equity” of the Company Financial Statements. The Company Financial Statements have been prepared on a historical cost basis, except for the equity instruments, securities and derivative instruments that have been measured at fair value. Regarding the application of new, revised or amended IFRS issued and applying from 1 January 2022 and issued but not yet applied please refer to “– Note 6: Change in Accounting Policies and Disclosures” of the Consolidated Financial Statements. In addition, no material changes are expected in the Company Financial Statements of Airbus SE from the implementation of the new standards not yet applied. Further information about Share ‑ based payment and Employee Stock Ownership Plans (ESOP) is presented in “– Note 33: Share ‑ Based Payment” and “– Note 34: Remuneration” of the Consolidated Financial Statements.

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