Financial Statements 2023

3. Airbus SE IFRS Company Financial Statements IFRS Company Statement of Cash Flows for the Years Ended 31 December 2023 and 2022

IFRS Company Statement of Cash Flows for the Years Ended 31 December 2023 and 2022

2023

Note

2022

(In € million)

Operating Activities Profit (Loss) for the period (Net income)

6,884

435

Adjustments to reconcile profit for the period to cash provided by operating activities: Interest income

(1,015)

(311)

Interest expense Interest received

1,744

468 342

974

Interest paid

(1,701)

(476)

Tax expense (income)

9

(3) 19

17

Impairment of Investments

10

0

Valuation adjustments

(132)

(561) (194)

Dividends income

(7,474)

Change in current and non ‑ current provisions Change in other operating assets and liabilities

(5)

10

(10)

(117)

Trade receivables

15 (6)

(9)

Trade liabilities

(44) (64)

Other assets and liabilities and others

(19)

Cash provided by (used for) operating activities

(718)

(387)

Investing activities Acquisitions of subsidiaries, joint ventures, businesses and Participations (net of cash)

(765)

(2,374) (1,581)

Payments for long ‑ term financial assets Proceeds from long ‑ term financial assets

(2,957)

422

954

Proceeds from subsidiaries, joint ventures, businesses and participations (net of cash)

1,206 7,474 (2,316) 1,749 4,813

43

Dividends received

194

Payments for investments in securities Proceeds from disposals of securities

(1,674)

1,382

Cash provided by (used for) investing activities

(3,056)

Financing activities Increase in financing liabilities Repayment of financing liabilities

213

0

0

(1,569)

(1)

Change in current accounts Airbus companies Cash distribution to Airbus SE shareholders

(1,206) (1,421)

6,075

(1,181)

Changes in capital

161

140 (36)

Change in treasury shares

(334)

Cash provided by (used for) financing activities

(2,587)

3,429

Effect of foreign exchange rate changes on cash and cash equivalents

(173)

152 138

Net increase in cash and cash equivalents

1,335

Cash and cash equivalents at beginning of period

13,283 13,145

Cash and cash equivalents at end of period

15 14,618 13,283

Airbus SE maintains current accounts with group entities. Total assets and total liabilities in this regard are presented in the balance sheet. The changes in these current accounts are presented net in the Company statement of Cash Flows as reflecting the changes in net cash ‑ pool position for the company. (1)

114

Airbus

Financial Statements 2023