AIRBUS - 2019 Financial Statements

Notes to the IFRS Consolidated Financial Statements / 2.1 Basis of Preparation 15 1. The Company 15 2. Significant Accounting Policies 15 3. Key Estimates and Judgements 17 4. Change in Accounting Policies and Disclosures 18 5. Brexit 20 2.2 Airbus Structure 20 6. Scope of Consolidation 20 7. Acquisitions and Disposals 21 8. Investments Accounted for under the Equity Method 24 9. Related Party Transactions 26 2.3 Segment Information 27 10. Segment Information 27 2.4 Airbus Performance 29 11. Revenue and Gross Margin 29 12. Administrative Expenses 30 13. Research and Development Expenses 30 14. Share of Profit from Investments Accounted for under the Equity Method and Other Income from Investments 31 15. Other Income and Other Expenses 31 16. Total Financial Result 31 17. Income Tax 32 18. Earnings per Share 35 2.5 Operational Assets and Liabilities 35 19. Intangible Assets 35 20. Property, Plant and Equipment 38 21. Other Investments and Other Long-Term Financial Assets 40 22. Contract Assets and Contract Liabilities, Trade Receivables and Trade Liabilities 40 23. Inventories 41 24. Provisions, Contingent Assets and Contingent Liabilities 42 25. Other Financial Assets and Other Financial Liabilities 43 26. Other Assets and Other Liabilities 44 27. Sales Financing Transactions 45 2.6 Employees Costs and Benefits 47 28. Number of Employees 47 29. Personnel Expenses 47 30. Personnel-Related Provisions 48 31. Post-Employment Benefits 48 32. Share-Based Payment 54 33. Remuneration 56 2.7 Capital Structure and Financial Instruments 60 34. Total Equity 60 35. Capital Management 61 36. Net Cash 62 37. Information about Financial Instruments 65 2.8 Other Notes 79 38. Litigation and Claims 79 39. Auditor Fees 81 40. Events after the Reporting Date 81 2.9 Appendix “Simplified Airbus Structure” 82 Contents / 14 Airbus / Financial Statements 2019