Airbus - Financial Statements 2022

2. Notes to the IFRS Consolidated Financial Statements Airbus Performance

Deferred income taxes as of 31 December 2021 are related to the following assets and liabilities:

Movement through income statement

1 January 2021

Other movements

31 December 2021

Deferred tax benefit (expense)

Deferred tax assets

Deferred tax liabilities

Deferred tax assets

Deferred tax liabilities

OCI / IAS 19 Others

R&D tax credits

(1)

(In € million)

Intangible assets

186

(489)

0

(71)

0

72

249

(551)

Property, plant and equipment

30

(313)

0

67

0

(548)

49

(813)

Investments and other long ‑ term financial assets

1,174

(83)

0

0

0

22

1,221

(108)

Inventories

3,088 (1,603)

0

21

0

659

3,658 (1,493)

Receivables and other assets

2,457 (1,692)

(424)

17

0 (1,041)

806 (1,489)

Prepaid expenses

0

(2)

0

0

0

10

11

(3)

Provisions for retirement plans

1,188

0

(450)

114

0

231

1,071

12

Other provisions

2,043

(330)

0

55

0 (1,151)

754

(137)

Liabilities

1,966 (3,665)

1,886

(194)

0

1,114

2,930 (1,823)

Deferred income

53

(117)

0

16

0

(199)

(5)

(242)

NOLs and tax credit carry forwards

2,283

0

0

50

(24)

210

2,519

0

Deferred tax assets (liabilities) before offsetting 14,468 (8,294)

1,012

75

(24)

(621)

13,263 (6,647)

Valuation allowances on deferred tax assets

(2,602)

0

55

(37)

59

116 (2,409)

0

Set ‑ off

(7,843)

7,843

0

0

0

0 (6,531)

6,531

Net deferred tax assets (liabilities)

4,023

(451)

1,067

38

35

(505)

4,323

(116)

(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.

19.

Earnings per Share

2022

2021

Profit for the period attributable to equity owners of the parent (Net income)

€4,247 million

€4,213 million

Weighted average number of ordinary shares

787,080,579

785,326,074

Basic earnings per share

€5.40

€5.36

Diluted earnings per share — The Company’s dilutive potential ordinary shares are equity ‑ settled Performance Shares relating to Long ‑ Term Incentive Plans (“LTIP”) . In 2022, a total of 672,906 equity ‑ settled Performance Shares was considered in the calculation of diluted earnings per share. LTIP 2022 plan has been excluded from the calculation because of its antidilutive effect.

2022

2021

Profit for the period attributable to equity owners of the parent (Net income), adjusted for diluted calculation

€4,247 million

€4,213 million

Weighted average number of ordinary shares (diluted)

787,753,485

785,761,995

Diluted earnings per share

€5.39

€5.36

36