Airbus - Financial Statements 2022

2. Notes to the IFRS Consolidated Financial Statements Operational Assets and Liabilities

21.

Property, Plant and Equipment

Property, plant and equipment is valued at acquisition or manufacturing costs less accumulated depreciation and impairment losses. Items of property, plant and equipment are generally depreciated on a straight ‑ line basis. The following useful lives are assumed:

Buildings

10 to 50 years

Site improvements

6 to 30 years

Technical equipment and machinery

2 to 20 years

(1)

Jigs and tools

5 years

Other equipment, factory and office equipment

2 to 10 years

(1) If more appropriate, jigs and tools are depreciated using the number of production or similar units expected to be obtained from the tools (sum ‑ of ‑ the ‑ units method).

Property, plant and equipment as of 31 December 2022 and 2021 comprises the following:

31 December 2022

31 December 2021

Gross amount

Depreciation / Impairment

Net book value

Gross amount

Depreciation / Impairment

Net book value

(In € million)

Land, leasehold improvements and buildings, including buildings on land owned by others

10,536

(5,539)

4,997

10,344

(5,324)

5,020

Technical equipment and machinery

21,982

(15,286)

6,696

23,697

(16,609)

7,088

Other equipment, factory and office equipment (1)

3,932

(3,107)

825

3,853

(3,013)

840

Construction in progress

2,241

0

2,241

1,890

0

1,890

(2)

Right ‑ of ‑ use assets

2,578

(832)

1,746

2,486

(788)

1,698

Total

41,269

(24,764)

16,505

42,270

(25,734)

16,536

(1) Includes the net book value of aircraft under operating lease (see “– Note 28: Sales Financing Transactions”). (2) The net book value of Land and Buildings under Right ‑ of ‑ use assets amounts to €1,625 million.

Net Book Value

Balance at 31 December 2022

Balance at 1 January 2022

Changes in consolidation scope

Exchange differences Additions

Reclassi fication Disposals

Depreciation / Impairment

(In € million)

Land, leasehold improvements and buildings, including buildings on land owned by others Technical equipment and machinery Other equipment, factory and office equipment

5,020

(20)

21

4

227

(21)

(234)

4,997

7,088

10

310

2

942

(44)

(1,612)

6,696

840

10

299

6

62

(215)

(177)

825

Construction in progress

1,890

(5)

1,479

0

(1,123)

0

0

2,241

Right ‑ of ‑ use assets

1,698

33

308

0

(29)

(40)

(224)

1,746

Total

16,536

28

2,417

12

79

(320)

(2,247)

16,505

40