Airbus - Financial Statements 2022

4. Notes to the IFRS Company Financial Statements Employees

4.4 Employees

14.

Number of Employees

The average number of the persons employed by the Company in 2022 was 0 (2021: 1).

4.5 Capital Structure and Financial Instruments

15.

Total Equity

Airbus SE’s shares are exclusively ordinary shares with a par value of €1.00. The following table shows the development of the number of shares issued and fully paid:

2022

2021

(In number of shares)

Issued as at 1 January

786,083,690

784,149,270

Issued for ESOP

2,121,318

1,934,420

Issued as at 31 December

788,205,008

786,083,690

Treasury shares

(647,500)

(454,735)

Outstanding at 31 December

787,557,508

785,628,955

Authorised shares

3,000,000,000

3,000,000,000

Holders of ordinary shares are entitled to dividends and are entitled to one vote per share at general meetings of the Company. Capital stock comprises the nominal amount of shares outstanding. The addition to capital stock represents the contribution for exercised options by employees of €2,121,318 (in 2021: €1,934,420) in compliance with the implemented Stock Option Plans and the Employee Stock Ownership Plans (“ESOP”). Legal reserves include: change from financial assets at fair value (see “– Note 17: Information about Financial Instruments” of the Company Financial Statements); –

According to Dutch law, the OCI is considered to be a Legal Reserve and therefore when positive, the distribution is restricted. Treasury shares represent the amount paid or payable for own shares held in treasury. During 2022, the number of treasury stock held by the Company increased to 647,500 compared to 454,735 as of 31 December 2021, mainly due to the share buybacks partly offset by vested shares in 2022 under LTIP 2018 (see “– Note 33: Share ‑ based Payment” of the Consolidated Financial Statements). No shares were sold back to the market nor cancelled in 2022 (2021: 0 shares). change in fair value of derivatives designated as cash flow hedges (see “– Note 17: Information about Financial Instruments” of the Company Financial Statements). –

Share premium mainly results from contributions in kind in the course of the creation of the Company, cash contributions from the Initial Public Offering, capital increases and reductions due to the issuance and cancellation of shares. Retained earnings include mainly the profit of the period and cash dividend payments to Airbus SE shareholders. On 12 April 2022, the Annual General Meeting (“AGM”) decided to distribute a gross amount of €1.50 per share, which was paid on 21 April 2022. For the fiscal year 2022, the Company’s Board of Directors proposes a cash distribution payment of €1.80 per share.

112