Financial Statements 2021

2. Notes to the IFRS Consolidated Financial Statements / 2.7 Capital Structure and Financial Instruments

The following table presents the carrying amounts and fair values of financial instruments by class and by IFRS 9 measurement category as of 31 December 2021:

Financial instruments total

Financial assets and liabilities at amortised cost

Fair value through profit or loss

Fair value through OCI

Amortised cost

Fair value

Book value

Fair value

(In € million)

Assets Other investments and other long-term financial assets Equity investments (1)

1,033

1,478

0

0

2,511

2,511

Customer financing

118

0

0

0

118

118

Other loans (2)

0

0

1,909

1,909

1,909

1,909

Trade receivables

0

0

5,063

5,063

5,063

5,063

Contract assets

0

0

1,404

1,404

1,404

1,404

Other financial assets

1,005

1,005

Derivative instruments

1,005

0

0

0

Non-derivative instruments

0

0

1,137

1,137

1,137

1,137

Securities

0

8,111

0

0

8,111

8,111

Cash and cash equivalents

12,075

533

1,964

1,964

14,572

14,572

Total

14,231

10,122

11,477 11,477

35,830

35,830

Liabilities Financing liabilities Bonds and commercial papers Liabilities to financial institutions and others

(11,061)

(11,886)

0

0

(11,061)

(11,886)

0

0

(2,243)

(2,243)

(2,243)

(2,243)

Finance lease liabilities (2)

0

0

(1,736)

(1,736)

(1,736)

(1,736)

Other financial liabilities Derivative instruments

(4,563)

(4,563)

(4,563)

0

0

0

European Governments’ refundable advances (3)

0

0

(3,861)

(3,861)

(3,861)

(3,861)

Others

0

(16)

(654)

(654)

(670)

(670)

Trade liabilities

0

0

(9,693)

(9,693)

(9,693)

(9,693)

Total

(4,563)

(16)

(29,248)

(30,073)

(33,827)

(34,652)

(1) Other than those accounted for under the equity method. (2) The carrying amounts are used as reasonable fair value approximations.

(3) The European Governments’ refundable advances of € -3,861 million are measured at amortised cost. Fair values cannot be reliably measured because their risk sharing nature and the uncertainty of the repayment dates give rise to a broad range of reasonable fair value estimates and make it impossible to reasonably assess the probabilities of the various estimates within the range. This may change and reliable fair value measures become available as the related programmes approach the end of production.

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Airbus / Financial Statements 2021