Financial Statements 2021

1. Airbus SE – IFRS Consolidated Financial Statements /

Airbus SE – IFRS Consolidated Statement of Cash Flows for the years ended 31 December 2021 and 2020

2021

Note

2020

(In € million)

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

4,213

(1,133)

(39)

(36)

Loss for the period attributable to non-controlling interests

Adjustments to reconcile profit for the period to cash provided by operating activities: Interest income

(88) 334 111

(140)

411

Interest expense Interest received

82

(330)

(205)

Interest paid

853

39 79

Income tax expense

Income tax paid

(321) 2,325 (863)

2,831

Depreciation and amortisation

11

95

Valuation adjustments

(116)

9

Results on disposals of non-current assets

(40)

(39)

Results of investments accounted for under the equity method

Change in current and non-current provisions

(1,934) (533) 1,067 2,405

1,138 (314)

Contribution to plan assets (1)

(8,237)

Change in other operating assets and liabilities

152 351 848

Inventories

Trade receivables

379

(2,326)

Contract assets and liabilities

194 415

(5,523) (4,065) (5,420)

Trade liabilities

22

Other assets and liabilities

25, 26

4,639

Cash provided by (used for) operating activities

Investing activities Purchases of intangible assets, property, plant and equipment, investment property

(1,928)

(1,759)

212 (25)

228

Proceeds from disposals of intangible assets, property, plant and equipment and investment property Acquisitions of subsidiaries, joint ventures, businesses and non-controlling interests (net of cash) Payments for investments accounted for under the equity method, other investments and other long-term financial assets Proceeds from disposals of investments accounted for under the equity method, other investments and other long-term financial assets

(481)

(577)

(565)

396

408

79

(8)

Dividends paid by companies valued at equity

9

Disposals of non-current assets and disposal groups classified as assets held for sale and liabilities directly associated

310

0

(3,049)

(337) 6,640 4,126

Payments for investments in securities Proceeds from disposals of securities

36 36

1,863

Cash provided by (used for) investing activities

(2,719)

Financing activities Increase in financing liabilities Repayment of financing liabilities

0

7,102 (445)

36 36 34

(2,295)

0 0

0

Cash distribution to Airbus SE shareholders Payments for liability for puttable instruments Changes in capital and non-controlling interests

91 89 (4)

138 (22)

34

Change in treasury shares

(2,179)

6,833

Cash provided by (used for) financing activities

Effect of foreign exchange rate changes on cash and cash equivalents

392 133

(414)

Net increase in cash and cash equivalents

5,125 9,314

Cash and cash equivalents at beginning of period

14,439

Cash and cash equivalents at end of period

14,572 14,439

36

(1) In 2020, thereof €331 million contributions for retirement and deferred compensation plans.

The accompanying notes are an integral part of these Consolidated Financial Statements (IFRS).

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Airbus / Financial Statements 2021