Financial Statements 2023
4. Notes to the IFRS Company Financial Statements 4.2 Company Performance
4.2 Company Performance
7.
Total Operating Result
Note
2023
(In € million)
2022
Operating income
65
73
Corporate services rendered to Airbus companies
65
73
Operating expenses
(79)
(74)
Service fees charged by Airbus companies
(26)
(17)
Administrative expenses
(53)
(57)
Income from investments
7,477
219
Dividends received from Airbus companies
7,474
194
Gain on disposal of investments
3
25
Expense from investments
(19)
0
Impairment
10
(19)
0
Total operating result
7,444
218
Corporate services rendered to Airbus companies decreased by €-8 million to €65 million (2022: €73 million). In 2023, Airbus SE received a dividend from Airbus SAS of €7,383 million.
8.
Total Financial Result
Note
2023
(In € million)
2022
Interest result
(729)
(157)
Interest income from securities measured at fair value through OCI
148
35
Interest income (expenses) from securities measured at fair value through P&L
358
75
Interest income on financial assets measured at amortised cost
509
201
Interest expense on financial liabilities measured at amortised cost
(1,744)
(468)
Other financial result
167
391
Change in fair value measurement of financial assets
11
163
464
Impairment and Expected Credit Loss
17
2
5
(1)
Others
2
(78)
Total financial result
(562)
234
Other includes various amounts such as foreign exchange result and bank fees. (1)
The Company is acting as a financial market agent on behalf of its subsidiaries, therefore the fair value changes of derivatives are reported on a net basis.
122
Airbus
Financial Statements 2023
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