Financial Statements 2021

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

The following table breaks down the gross carrying amount of loans and receivables as of 31 December 2021 and 2020, separately showing those that are impaired, renegotiated or past due:

Renego- tiated / not past due / not impaired

Not past due

Past due > 3 and ≤ 6 months

Past due > 6 and ≤ 9 months

Past due > 9 and ≤ 12 months

Gross impaired

Past due ≤ 3 months

Past due > 12 months Impairment

Total

(In € million)

31 December 2021 Trade receivables

3,518

3

356

485

135

220

72

635

(361)

5,063

Contract assets 1,406

0

0

0

0

0

0

0

(2)

1,404

Others

2,301

3

248

68

122

12

29

464

(187)

3,060

Total

7,225

6

604

553

257

232

101

1,101

(551)

9,528

31 December 2020 Trade receivables

4,302

0

172

358

117

119

92

277

(305)

5,132

Contract assets 1,123

0

0

0

0

0

0

0

(1)

1,122

Others

2,396

4

431

302

130

23

10

366

(156)

3,506

Total

7,821

4

603

660

247

142

102

643

(462)

9,760

The management believes that the unimpaired amounts that are past due are still collectible in full, based on historic payment behaviour and analysis of customer credit risk, including underlying customers’ credit ratings if they are available. The following impairment losses on financial assets are recognised in profit or loss in 2021 and 2020, respectively:

2021

2020

(In € million)

Other loans

0

(143)

Trade receivables

(83)

(71)

(1)

0

Contract assets

Total

(84)

(214)

76

Airbus / Financial Statements 2021