Financial Statements 2023

2. Notes to the IFRS Consolidated Financial Statements 2.4 Airbus Performance

Deferred income taxes as of 31 December 2023 are related to the following assets and liabilities:

31 December 2023 Deferred tax assets (liabilities)

Movement through income statement

1 January 2023

Other movements

Deferred tax benefit (expense)

Deferred tax assets (liabilities)

OCI / IAS 19

R&D tax credits

(1)

Others

(In € million)

Intangible assets

(287)

0

3

0

(153)

(437)

Property, plant and equipment

(1,046)

0

(2)

0

944

(104)

Investments and other long ‑ term financial assets

1,423

1

0

0

273

1,697

Inventories

2,642

0

0

0

543

3,185

Receivables and other assets

(1,414)

(70)

(145)

0

(36)

(1,665)

Prepaid expenses

10

0

0

0

(11)

(1)

Provisions for retirement plans

302

(298)

(2)

0

(366)

(364)

Other provisions

(53)

0

(7)

0

176

116

Liabilities

2,500

(925)

84

0

(1,492)

167

Deferred income

(33)

0

(1)

0

(150)

(184)

NOLs and tax credit carry forwards

2,506

0

(24)

(9)

75

2,548

Deferred tax assets (liabilities) before offsetting

6,550

(1,292)

(94)

(9)

(197)

4,958

Valuation allowances on deferred tax assets

(2,031)

137

58

32

(67)

(1,871)

Net deferred tax assets (liabilities)

4,519

(1,155)

(36)

23

(264)

3,087

“Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects. (1)

36

Airbus

Financial Statements 2023