Financial Statements 2023

4. Notes to the IFRS Company Financial Statements 4.5 Capital Structure and Financial Instruments

16.2 Carrying Amounts and Fair Values of Financial Instruments

Financial instruments — The Company’s financial assets mainly consist of cash, short to medium ‑ term deposits, securities and derivatives. The Company’s financial liabilities include intragroup liabilities, obligations towards financial institutions, issued bonds and derivatives. The Company has the same classification and accounting policies as in the Consolidated Financial Statements. Please refer to “– Note 37.1: Financial Risk Management” of the Consolidated Financial Statements for more information.

The Company classifies its financial assets in one of the following categories: (i) at fair value through OCI, (ii) at fair value through profit and loss and (iii) at amortised cost. Classification depends on the Company’s business model for managing the financial assets and the contractual terms of the cash flows. The Company assigns its financial instruments (excluding its at ‑ cost investments, which are outside the scope of IFRS 9 “Financial Instruments”) into classes based on their category in the Statement of Financial Position.

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 2023:

Financial assets and liabilities at amortised cost Financial instrument Total

Fair value through profit or loss

Amortised cost

Fair value through OCI

Fair value Book value Fair value

(In € million)

Assets

Other investments and long ‒ term financial assets Equity investments

1,609

0

0

0

1,609

1,609

Loans

0

0

4,570

4,816

4,570

4,816

Trade receivables

0

0

12

12

12

12

Other financial assets

Derivative instruments

4,310

0

0

0

4,310

4,310

Current account Group companies

0

0

4,663

4,663

4,663

4,663

Securities

0

8,148

0

0

8,148

8,148

Cash and cash equivalents

12,410

1,010

1,198

1,198

14,618

14,618

Total

18,329

9,158

10,443

10,689

37,930

38,176

Liabilities

Financing liabilities

Bonds and commercial papers

0

0

8,315

8,767

8,315

8,767

Liabilities to financial institutions

0

0

213

220

213

220

Other financial liabilities

Derivative instruments

5,292

0

0

0

5,292

5,292

4

Current accounts Group companies

0

0

28,938

28,938

28,938

28,938

Trade liabilities

0

0

11

11

11

11

Total

5,292

0

37,477

37,936

42,769

43,228

137

Airbus

Financial Statements 2023