Financial Statements 2023

2. Notes to the IFRS Consolidated Financial Statements 2.5 Operational Assets and Liabilities

2.5 Operational Assets and Liabilities

19.

Intangible Assets

Intangible assets comprise (i) goodwill (see “– Note 7: Scope of Consolidation”), (ii) capitalised development costs (see “– Note 4: Material Accounting Policies”) and (iii) other intangible assets, e.g. internally developed software and acquired intangible assets. Intangible assets with finite useful lives are generally amortised on a straight ‑ line basis over their respective estimated useful lives

(three to ten years) to their estimated residual values. 31 December 2023 and 2022 comprise the following:

31 December 2023

31 December 2022

Amortisation / Impairment Net book value

Amortisation / Impairment Net book value

Gross amount

(In € million)

Gross amount

Goodwill

14,183

(1,042)

13,141

14,205

(1,040)

13,165

Capitalised development costs

3,165

(1,459)

1,706

2,801

(1,319)

1,482

Other intangible assets

5,305

(3,223)

2,082

5,350

(3,229)

2,121

Total

22,653

(5,724)

16,929

22,356

(5,588)

16,768

Net Book Value

Balance at 31 December 2023

Changes in consolidation

Balance at 1 January 2023

Amortisation / Impairment

Exchange differences Additions

scope Reclassification Disposals

(In € million)

Goodwill

13,165

(12)

0

(13)

0

0

0

13,141

Capitalised development costs

1,482

2

377

0

8

0

(164)

1,706

Other intangible assets

2,121

(52)

206

22

24

(8)

(230)

2,082

Total

16,768

(62)

583

9

32

(8)

(394)

16,929

Balance at 31 December 2022

Changes in Consolidation

Balance at 1 January 2022

Amortisation / Impairment

Exchange differences Additions

scope Reclassification Disposals

(In € million)

Goodwill

13,028

10

0

127

0

0

0

13,165

Capitalised development costs

1,286

(12)

319

0

(1)

0

(110)

1,482

Other intangible assets

2,053

89

160

159

5

(7)

(338)

2,121

Total

16,367

87

479

286

4

(7)

(448)

16,768

Intangible assets increased by €+161 million to €16,929 million (2022: €16,768 million). Intangible assets mainly relate to goodwill of €13,141 million (2022: €13,165 million). Based on management’s best estimate, there is no impact on the useful life of capitalised development costs resulting from the Company’s journey towards sustainable aerospace (see “– Note 3: Climate Impacts”).

38

Airbus

Financial Statements 2023