Airbus - Financial Statements 2022

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

Cash used for investing activities amounts to €-3.1 billion, mainly reflecting capital expenditures. Cash used for financing activities amounts to €-2.1 billion. It mainly includes the cash distribution to Airbus SE shareholders of €-1.2 billion and the bond buyback of €-1.0 billion. Similar to previous years, the Company has supported its suppliers concerning supply chain financing arrangements. As of 31 December 2022, these arrangements have no impact on The majority of the Company’s securities consists of debt securities and are classified at fair value through OCI (see “– Note 38.2: Carrying Amounts and Fair Values of Financial Instruments”). The Company’s securities portfolio amounts to €7,775 million and €8,111 million as of 31 December 2022 and 2021, respectively. The security portfolio contains a non ‑ current portion of €6,013 million (2021: €6,794 million), and a current portion of €1,762 million (2021: €1,317 million). Included in the securities portfolio as of 31 December 2022 Financing liabilities include debt obligations towards financial institutions, issued corporate bonds, deposits made by customers of Airbus Bank, borrowings received from joint ventures and other parties as well as finance lease liabilities. Financing liabilities are recorded initially at the fair value of the proceeds received, net of transaction costs incurred. Subsequently, financing liabilities are measured at amortised cost, using the effective interest rate method with any difference between proceeds (net of transaction costs) and redemption amount being recognised in total finance income (cost) over the period of the financing liability. 37.3 Financing Liabilities 37.2 Securities

the Company’s Consolidated Financial Statements. The Company evaluates such suppliers’ early payment arrangements against a number of indicators to assess whether the payable continues to hold the characteristics of a trade payable or should be classified as borrowings; these indicators include whether the payment terms exceed customary payment terms in the industry. As at 31 December 2022, the payables subject to supplier financing arrangements do not meet the criteria to be reclassified as borrowings. and 2021, respectively, are corporate and government bonds bearing either fixed rate coupons (€8,368 million nominal value; 2021: €7,866 million) or floating rate coupons (€32 million nominal value; 2021: €103 million), and foreign currency funds of fixed income funds (€0 million fair value; 2021: €2 million). When the Company enters into securities lending or other financing activities that involve the pledging of securities as collateral, the securities pledged continue to be recognised on the balance sheet. As of 31 December 2022 and 2021, they were no securities pledged as collateral for borrowings from banks. Financing liabilities to financial institutions may include liabilities from securities lending transactions. In securities lending transactions, the Company receives cash from its counterparty and transfers the securities subject to the lending transaction as collateral. The counterparty typically has the right to sell or repledge the securities pledged. The amount of cash received is recognised as a financing liability. The securities pledged are not derecognised, but remain on the Company’s Statement of Financial Position.

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