Financial Statements 2021
2. Notes to the IFRS Consolidated Financial Statements / 2.2 Airbus Structure
The development of these investments is as follows:
ArianeGroup
MBDA
ATR GIE
2021
2021
2021
2020 699 (22)
2020 450 107 (57)
2020
(In € million)
Carrying amount of the investment at 1 January
669 (66)
498 130
10
106 (68)
(23)
Share of results from continuing operations Share of other comprehensive income
5 0 5
(8)
99
(4) 76
5
0 0 0
(49)
0 0
(33)
Dividends received during the year
0
0 0
0 0
Changes in consolidation
(81)
(2)
(2)
Others
Carrying amount of the investment at 31 December
532
669
676
498
59
10
The Company’s share of contingent liabilities and other commitments as of 31 December 2021 relating to MBDA is €393 million (2020: €450 million).
9.2 Investments in Associates The Company’s interests in associates, accounted for under the equity method, are stated in aggregate in the following table:
2021
2020
(In € million)
Carrying amount of the investment at 1 January Share of results from continuing operations Share of other comprehensive income
211 (33)
182
8
30 (6)
32
(44)
Dividends received during the year
0 0
28
Changes in consolidation
5 0
Disposal of shares
(1)
Others
Carrying amount of the investment at 31 December
201
211
The cumulative unrecognised comprehensive loss for these associates amounts to € -12 million and € -97 million as of 31 December 2021 and 2020, respectively (thereof €85 million for the period).
10. Related Party Transactions
Sales of goods and services and other income
Purchases of goods and services and other expenses
Loans granted / Other receivables due at 31 December
Loans received / Other liabilities due at 31 December
Receivables at 31 December
Liabilities at 31 December
(In € million)
2021 Total transactions with associates Total transactions with joint ventures 2020 Total transactions with associates Total transactions with joint ventures
7
132
3
22
108
0
2,807
212
930
1,239
0
1,410
9
42
6
13
101
16
2,596
186
1,294
1,176
5
1,275
Transactions with unconsolidated subsidiaries are immaterial to the Company’s Consolidated Financial Statements. As of 31 December 2021, the Company granted guarantees of €129 million to Air Tanker Group in the UK (2020: €129 million).
For information regarding the funding of the Company’s pension plans, which are considered as related parties, see “– Note 31: Post-Employment Benefits”. The information relative to compensation and benefits granted to Members of the Executive Committee and Board of Directors are disclosed in “– Note 33: Remuneration”.
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Airbus / Financial Statements 2021
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