AIRBUS - 2019 Financial Statements

Airbus SE – IFRS Company Financial Statements / IFRS Company Statement of Cash Flows for the years ended 31 December 2019 and 2018 (In € million) Note 2019 2018 Operating Activities Profit (loss) for the period (Net income) (3,665) (227) Adjustments to reconcile profit for the period to cash provided by operating activities Interest income (202) (233) Interest expense 236 195 Interest received 176 260 Interest paid (175) (139) Tax (income) expense 5 44 Result on disposals of assets (1) 0 Depreciation and amortisation 0 0 Valuation adjustments (72) 39 Change in income tax assets, income tax liabilities and provisions for income tax 0 (12) Dividends received (34) (45) Change in current and non-current provisions (1) 1 Change in other operating assets and liabilities 3,813 (553) Trade receivables 185 (134) Trade liabilities 35 (425) Other assets and liabilities and others 3,593 6 Cash provided by (used for) operating activities 80 (670) Investing activities Acquisitions of subsidiaries, joint ventures, businesses and non-controlling interests (net of cash) 8 (164) (270) Payments for long-term financial assets (449) (532) Proceeds from long-term financial assets 306 1,935 Dividends received 34 45 Payments for investments in securities (2,687) (1,874) Proceeds from disposals of securities 2,361 1,845 Cash provided by (used for) investing activities (599) 1,149 Financing activities Increase in financing liabilities 0 0 Repayment of financing liabilities 0 (2,180) Change in current accounts Airbus companies 1,901 (326) Cash distribution to Airbus SE shareholders (1,280) (1,161) Changes in capital 138 117 Changes in Treasury shares (31) (49) Cash provide by (used for) financing activities 728 (3,599) Effect of foreign exchange rate changes on cash and cash equivalents 34 (32) Net increase (decrease) in cash and cash equivalents 243 (3,152) Cash and cash equivalents at beginning of period 7,886 11,038 Cash and cash equivalents at end of period 13 8,129 7,886 88 Airbus / Financial Statements 2019