Airbus - Financial Statements 2022

2. Notes to the IFRS Consolidated Financial Statements Capital Structure and Financial Instruments

2.7 Capital Structure and Financial Instruments

35.

Total Equity

35.1 Equity Attributable to Equity Owners of the Parent

The Company’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 at 1 January

786,083,690

784,149,270

Issued for ESOP

2,121,318

1,934,420

Issued 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

Holders of ordinary shares are entitled to dividends and to one vote per share at general meetings of the Company. Equity attributable to equity owners of the parent (including purchased treasury shares) amounts to €12,950 million (2021: €9,466 million) representing an increase of €+3,484 million. This is mainly due to the net income for the period of € +4,247 million and a change in actuarial gains and losses of € +3,432 million, partly offset by the mark to market revaluation of the hedge portfolio of €-2,240 million, the change in fair value of financial assets of €-1,091 million and a dividend payment of €-1,181 million (€1.50 per share). 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 (2021: €1,934,420) in compliance with the implemented ESOPs. Share premium mainly results from contributions in kind in the course of the creation of the Company, cash contributions from the Company’s initial public offering, capital increases and reductions due to the issuance and cancellation of shares. Retained earnings include mainly the profit for the period and the changes in other comprehensive income from remeasurements of the defined benefit pension plans net of tax which amounts to €+3,432 million in 2022 (2021: € +2,363 million). 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. 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”). No shares were sold back to the market nor cancelled (2021: 0 shares). On 12 April 2022, the AGM of the Company authorised the Board of Directors, for a period expiring at the AGM to be held in 2023, to issue shares and to grant rights to subscribe for shares in the Company’s share capital for the purpose of: ESOPs and share ‑ related LTIPs, provided that such powers shall be limited to an aggregate of 0.14% of the Company’s authorised share capital (see “– Note 33: Share ‑ based Payment”); – funding the Company and its subsidiaries, provided that such powers shall be limited to an aggregate of 0.3% of the Company’s authorised share capital (see “– Note 37.3: Financing Liabilities”). – For each operation, such powers shall not extend to issuing shares or granting rights to subscribe for shares if there is no preferential subscription right and for an aggregate issue price in excess of €500 million per share issuance.

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