Financial Statements 2021

2. Notes to the IFRS Consolidated Financial Statements / 2.5 Operational Assets and Liabilities

20. Property, Plant and Equipment

Property, plant and equipment is valued at acquisition or manufacturing costs less accumulated depreciation and impairment losses. Items of property, plant and equipment are generally depreciated on a straight-line basis. The following useful lives are assumed:

Buildings

10 to 50 years

Site improvements

6 to 30 years

Technical equipment and machinery

2 to 20 years

5 years

Jigs and tools (1)

Other equipment, factory and office equipment

2 to 10 years

(1) If more appropriate, jigs and tools are depreciated using the number of production or similar units expected to be obtained from the tools (sum-of-the-units method).

Property, plant and equipment as of 31 December 2021 and 2020 comprises the following:

31 December 2021

31 December 2020

Gross amount

Depreciation / Impairment

Net book value

Gross amount

Depreciation / Impairment

Net book value

(In € million)

Land, leasehold improvements and buildings, including buildings on land owned by others Technical equipment and machinery Other equipment, factory and office equipment (1)

10,344

(5,324)

5,020

9,767

(5,086)

4,681

23,697

(16,609)

7,088

23,650

(16,582)

7,068

3,853 1,890 2,486

(3,013)

840

3,699 2,310 2,426

(2,888)

811

0

1,890 1,698

0

2,310 1,804

Construction in progress

(788)

(622)

Right-of-use assets (2)

Total

42,270

(25,734)

16,536 41,852

(25,178)

16,674

(1) Includes the net book value of aircraft under operating lease (see “– Note 27: Sales Financing Transactions”). (2) The net book value of Land and Buildings under Right-of-use assets amounts to €1,583 million.

NET BOOK VALUE

Balance at 31 December 2021

Balance at 1 January 2021

Changes in consolidation scope

Exchange differences Additions

Reclassi- fication Disposals

Depreciation / Impairment

(In € million)

Land, leasehold improvements and buildings, including buildings on land owned by others Technical equipment and machinery Other equipment, factory and office equipment

4,681

43

48

5

641

(71)

(327)

5,020

7,068

106

225

1

1,038

(66)

(1,284)

7,088

811

14

150

2

66

(7)

(196)

840

Construction in progress

2,310

16 1,289

2 (1,678)

(49)

0

1,890

Right-of-use assets

1,804

59

240

0

(96)

(49)

(260)

1,698

Total

16,674

238 1,952

10

(29)

(242)

(2,067)

16,536

36

Airbus / Financial Statements 2021