Airbus // Universal Registration Document 2023
1. Information on the Company’s Activities 1.1 Presentation of the Company
Summary Financial and Operating Data The following tables provide summary financial and operating data for the Company for the past three years. See “Management’s Discussion and Analysis of Financial Condition and Results of Operations – 2.1 Operating and Financial Review”.
REVENUE BY BUSINESS SEGMENT
2023
2022
2021
(In € million)
Airbus
47,763
41,428
36,164
Airbus Helicopters
7,337
7,048
6,509
Airbus Defence and Space
11,495
11,259
10,186
Subtotal segmental revenue
66,595
59,735
52,859
Eliminations
(1,149)
(972)
(710)
Total
65,446
58,763
52,149
ORDER INTAKE BY BUSINESS SEGMENT
2023
2022
2021
(In € billion) (In percentage) (1)
(In € billion) (In percentage) (1)
(In € billion) (In percentage) (1)
Airbus
162.6
87.0% 59.7
72.2% 40.0
64.3%
Airbus Helicopters
8.6
4.6%
9.3
11.2%
8.6
13.7%
Airbus Defence and Space
15.7
8.4% 13.7
16.6% 13.7
22.0%
Subtotal segmental order intake
186.9
100% 82.7
100% 62.2
100%
Eliminations
(0.4)
(0.2)
(0.2)
Total
186.5
82.5
62.0
(1) Before “Eliminations”.
ORDER BACKLOG BY BUSINESS SEGMENT
31 December
2023
2022
2021
(In € billion) (In percentage) (1)
(In € billion) (In percentage) (1)
(In € billion) (In percentage) (1)
Airbus
490.8
88.5% 390.5
86.9% 345.1
86.4%
Airbus Helicopters
21.5
3.9% 20.8
4.6% 18.0
4.5%
Airbus Defence and Space
42.2
7.6% 38.4
8.5% 36.1
9.1%
Subtotal segmental order backlog
554.5
100% 449.7
100% 399.2
100%
Eliminations
(0.6)
(0.4)
(0.8)
Total
553.9
449.2
398.4
(1) Before “Eliminations”.
Relationship between Airbus SE and the Company Airbus SE itself does not engage in the core aerospace, defence or space business of the Company but coordinates related businesses, sets and controls objectives and approves major decisions for the Company. As the parent company, Airbus SE conducts activities which are essential to the Company’s activities and which are an integral part of the overall management of the Company. In particular, finance activities pursued by Airbus SE are in support of the business activities and strategy of the Company. In connection therewith, Airbus SE provides or procures the provision of services to the subsidiaries of the Company. General management service agreements have been
put in place with the subsidiaries and services are invoiced on a cost plus basis. For management purposes, Airbus SE acts through its Board of Directors, Chief Executive Officer and Executive Committee in accordance with its corporate rules and procedures as described below under “– Corporate Governance – 4.1 Management and control”. Within the framework defined by Airbus SE, Airbus, each Business Line, Business Unit and subsidiary is vested with full entrepreneurial responsibility.
36 Airbus Annual Report
Universal Registration Document 2023
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