Airbus - Financial Statements 2022

4. Notes to the IFRS Company Financial Statements Company Performance

4.2 Company Performance

8.

Total Operating Result

2022

Note

2021

(In € million)

Operating income

73

53

Corporate services rendered to Airbus companies

73

53

Operating expenses

(74)

(113)

Service fees charged by Airbus companies

(17)

(50)

Administrative expenses

(57)

(63)

Income from investments

219

28

Dividends received from Airbus companies

194

17

Gain on disposal of investments

25

11

Expense from investments

0

(21)

Impairment

11

0

(21)

Total operating result

218

(53)

Corporate services rendered to Airbus companies increased by €20 million to €73 million (2021: €53 million).

9.

Total Financial Result

2022

Note

2021

(In € million)

Interest result

(157)

(94)

Interest income from securities measured at fair value through OCI

35

28

Interest income (expenses) from securities measured at fair value through P&L

75

(20)

Interest income on financial assets measured at amortised cost

201

55

Interest expense on financial liabilities measured at amortised cost

(468)

(157)

Other financial result

391

32

Change in fair value measurement of financial assets

11

464

57

Impairment and Expected Credit Loss

17

5

79

(1)

Others

(78)

(104)

Total financial result

234

(62)

(1) Other includes various amounts such as foreign exchange result and bank fees.

The Company is acting as a financial market agent on behalf of its subsidiaries, therefore the fair value changes of derivatives are reported on a net basis.

106