Financial Statements 2023

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

Deferred income taxes as of 31 December 2022 are related to the following assets and liabilities:

Movement through income statement

31 December 2022

1 January 2022

Other movements

Deferred tax assets (liabilities)

Deferred tax benefit (expense)

Deferred tax assets (liabilities)

OCI / IAS 19

R&D tax credits

(1)

Others

(In € million)

Intangible assets

(302)

0

(26)

0

41

(287)

Property, plant and equipment

(764)

0

(1)

0

(281)

(1,046)

Investments and other long ‑ term financial assets

1,113

0

6

0

304

1,423

Inventories

2,165

0

(1)

0

478

2,642

Receivables and other assets

(683)

1,986

4

0

(2,721)

(1,414)

Prepaid expenses

8

0

(1)

0

3

10

Provisions for retirement plans

1,083

(770)

43

0

(54)

302

Other provisions

617

0

24

0

(694)

(53)

Liabilities

1,107

(900)

(4)

0

2,297

2,500

Deferred income

(247)

0

2

0

212

(33)

NOLs and tax credit carry forwards

2,519

0

23

5

(41)

2,506

Deferred tax assets (liabilities) before offsetting

6,616

316

69

5

(456)

6,550

Valuation allowances on deferred tax assets

(2,409)

299

(20)

46

53

(2,031)

Net deferred tax assets (liabilities)

4,207

615

49

51

(403)

4,519

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

18.

Earnings per Share

2

2023

2022

Profit for the period attributable to equity owners of the parent (Net income)

€3,789 million

€4,247 million

Weighted average number of ordinary shares

788,720,779

787,080,579

Basic earnings per share

€4.80

€5.40

Diluted earnings per share – The Company’s dilutive potential ordinary shares are equity ‑ settled Performance Shares relating to Long ‑ Term Incentive Plans (“LTIP”) . In 2023, a total of 1,039,820 equity ‑ settled Performance Shares was considered in the calculation of diluted earnings per share. LTIP 2023 plan has been excluded from the calculation because of its antidilutive effect.

2023

2022

Profit for the period attributable to equity owners of the parent (Net income), adjusted for diluted calculation

€3,789 million

€4,247 million

Weighted average number of ordinary shares (diluted)

789,760,599

787,753,485

Diluted earnings per share

€4.80

€5.39

37

Airbus

Financial Statements 2023