Financial Statements 2023
2. Notes to the IFRS Consolidated Financial Statements 2.8 Other Notes
Past due > 9 and ≤ 12 months
Past due > 6 and ≤ 9 months
Past due > 3 and ≤ 6 months
Past due > 12 months Impairment
Past due ≤ 3 months
Renegotiated / not past due / not impaired
Gross impaired
Not past due
Total
(In € million)
31 December 2022
Trade receivables
3,727
0
376
373
147
132
99
479
(380)
4,953
Contract assets
1,528
0
0
0
0
0
0
0
(1)
1,527
Others
2,552
2
93
131
391
116
7
452
(188)
3,556
Total
7,807
2
469
504
538
248
106
931
(569)
10,036
The management believes that the unimpaired amounts that are past due are still collectible in full, based on historic payment behaviour and analysis of customer credit risk, including underlying customers’ credit ratings if they are available. The following impairment losses on financial assets are recognised in profit or loss in 2023 and 2022, respectively:
2023
(In € million)
2022
Trade receivables
(19)
(65)
Contract assets
0
0
Total
(19)
(65)
2.8 Other Notes
38.
Litigation and Claims
Litigation and claims — Various legal actions, governmental investigations, proceedings and other claims are pending or may be instituted or asserted in the future against the Company. Litigation is subject to many uncertainties, and the outcome of individual matters is not predictable with certainty. Provisions have been accounted for in accordance with IFRS criteria. It is reasonably possible that the final resolution of some of these matters may require the Company to make expenditures, in excess of established provisions over an extended period of time and in a range of amounts that cannot be reasonably estimated. The term “reasonably possible” is used herein to mean that the chance of a future transaction or event occurring is more than remote but less than likely.
The Company is involved from time to time in various governmental, legal and arbitration proceedings in the ordinary course of its business, the most significant of which are described below. Other than as described below, there are no material governmental, legal or arbitration proceedings (including any such proceedings which are pending or threatened) which may have or have had in the recent past significant effects on Airbus SE’s or the Company’s Financial Position or profitability. If the Company concludes that the disclosures relative to contingent liabilities can be expected to prejudice seriously its position in a dispute with other parties, the Company limits its disclosures to the nature of the dispute.
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Airbus
Financial Statements 2023
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