Financial Statements 2021

2. Notes to the IFRS Consolidated Financial Statements / 2.4 Airbus Performance

Deferred income taxes as of 31 December 2021 are related to the following assets and liabilities:

Movement through income statement

31 December 2021

1 January 2021 Other movements

Deferred tax assets

Deferred tax liabilities

R&D tax credits

Deferred tax benefit (expense)

Deferred tax assets

Deferred tax liabilities

OCI / IAS 19 Others (1)

(In € million)

Intangible assets

186

(489) (313)

0

(71)

0

72

249

(551) (813)

Property, plant and equipment

30

0

67

0

(548)

49

Investments and other long-term financial assets

1,174

(83)

0

0

0

22

1,221 3,658

(108)

Inventories

3,088 (1,603) 2,457 (1,692)

0

21 17

0 0 0 0 0 0 0

659

(1,493) (1,489)

Receivables and other assets

(424)

(1,041)

806

Prepaid expenses

0

(2)

0

0

10

11

(3) 12

Provisions for retirement plans

1,188

0 (450)

114

231

1,071

Other provisions

2,043

(330)

0

55

(1,151)

754

(137)

Liabilities

1,966 (3,665)

1,886

(194)

1,114 (199)

2,930

(1,823)

Deferred income

53

(117)

0 0

16 50

(5)

(242)

NOLs and tax credit carry forwards Deferred tax assets (liabilities) before offsetting Valuation allowances on deferred tax assets

2,283

0

(24)

210

2,519

0

14,468 (8,294)

1,012

75

(24)

(621)

13,263 (6,647)

(2,602) (7,843)

0

55

(37)

59

116 (2,409)

0

Set-off

7,843

0

0

0

0

(6,531)

6,531

Net deferred tax assets (liabilities)

4,023

(451)

1,067

38

35

(505)

4,323

(116)

(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.

Deferred income taxes as of 31 December 2020 are related to the following assets and liabilities:

Movement through income statement

1 January 2020 Other movements

31 December 2020

Deferred tax assets

Deferred tax liabilities

R&D tax credits

Deferred tax benefit (expense)

Deferred tax assets

Deferred tax liabilities

OCI / IAS 19 Others (1)

(In € million)

Intangible assets

221

(503) (281)

0 0

(10)

0 0

(11)

186

(489) (313)

Property, plant and equipment

55

(4)

(53)

30

Investments and other long-term financial assets

1,897 2,636

(38) (37)

0 0

(14) (15)

0 0 0 0 0 0 0 0

(754)

1,174

(83)

Inventories

(1,099)

3,088 2,457

(1,603) (1,692)

Receivables and other assets

1,937 (1,310)

(1,086)

53

1,171

Prepaid expenses

13

0 0

0

0

(15)

0

(2)

Provisions for retirement plans

961

451

(16)

(208)

1,188

0

Other provisions

2,026

(557)

0

(4)

248 338

2,043

(330)

Liabilities

1,528 (3,642)

160

(83)

1,966 (3,665)

Deferred income

19

(236)

0 0

2

151

53

(117)

NOLs and tax credit carry forwards Deferred tax assets (liabilities) before offsetting Valuation allowances on deferred tax assets

2,073

0

(69)

(43)

322

2,283

0

13,366 (6,604)

(475)

(160)

(43)

90 14,468 (8,294)

(2,152)

0

(59)

48

(83)

(356)

(2,602) (7,843)

0

Set-off

(6,206)

6,206

0

0

0

0

7,843

Net deferred tax assets (liabilities)

5,008 (398)

(534)

(112)

(126)

(266)

4,023

(451)

(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.

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Airbus / Financial Statements 2021

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