Financial Statements 2021

4. Notes to the IFRS Company Financial Statements /

Stage 1 12-month ECL

Stage 2 Life-time ECL

Stage 3 Credit impaired ECL

Total

(In € million)

At 1 January 2021

3.6

93.9

0.0

97.5

Change in financial assets and risk parameters

2.9

(88.0)

0.0

(85.0)

At 31 December 2021

6,7

5.9

0.0

12.5

Stage 1 12-month ECL

Stage 2 Life-time ECL

Stage 3 Credit impaired ECL

Total

(In € million)

At 1 January 2020

4.4

0.3

0. 0

4.7

Change in financial assets and risk parameters

(0.8)

93.6

0.0

92.8

At 31 December 2020

3.6

93.9

0.0

97.5

The following impairment losses on financial assets are recognised in profit or loss in 2021 and 2020, respectively:

2021

2020

(In € million)

Loans

0

(158)

Trade Receivables

0

0

Total

0

(158)

For further information about the impairment on financial assets, please refer to “– Note 9: Investments in Subsidiaries, Associates and Participations” of the Company Financial Statements.

4.6 Other Notes

16. Auditor Fees

Fees related to professional services rendered by the Company’s auditor, Ernst & Young Accountants LLP, for the fiscal year 2020 were €2,521 thousand (in 2020: €2,198 thousand). These fees relate to audit services only.

17. Events after the Reporting Date

No events after Reporting Date.

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Airbus / Financial Statements 2021