2020 Financial Statements

2. Notes to the IFRS Consolidated Financial Statements / 2.2 Airbus Structure 2 The development of these investments is as follows: (In € million) ArianeGroup MBDA ATR GIE 2020 2019 2020 2019 2020 2019 Carrying amount of the investment at 1 January 699 722 450 463 106 146 Share of results from continuing operations (22) 52 107 101 (68) 54 Share of other comprehensive income (8) (38) (57) (30) 5 (3) Dividends received during the year 0 (38) 0 (84) (33) (90) Changes in consolidation 0 0 0 0 0 0 Others 0 0 (2) (1) 0 (1) Carrying amount of the investment at 31 December 669 699 498 450 10 106 The Company’s share of contingent liabilities as of 31 December 2020 relating to MBDA is €450 million (2019: €412 million). 9.2 Investments in Associates The Company’s interests in associates, accounted for under the equity method, are stated in aggregate in the following table: (In € million) 2020 2019 Carrying amount of the investment at 1 January 182 209 Share of results from continuing operations 8 35 Share of other comprehensive income 32 (14) Dividends received during the year (44) (21) Changes in consolidation 28 0 Disposal of shares 5 0 Others 0 (27) Carrying amount of the investment at 31 December 211 182 The cumulative unrecognised comprehensive loss for these associates amounts to € -97 million and € -52 million as of 31 December 2020 and 2019, respectively (thereof € -45 million for the period). 10. Related Party Transactions (In € million) Sales of goods and services and other income Purchases of goods and services and other expenses Receivables at 31 December Liabilities at 31 December Loans granted / Other receivables due at 31 December Loans received / Other liabilities due at 31 December 2020 Total transactions with associates 9 42 6 13 101 16 Total transactions with joint ventures 2,596 186 1,294 1,176 5 1,275 2019 Total transactions with associates 4 204 5 36 97 7 Total transactions with joint ventures 2,069 268 1,289 1,432 2 1,222 Transactions with unconsolidated subsidiaries are immaterial to the Company’s Consolidated Financial Statements. As of 31 December 2020, the Company granted guarantees of €129 million to Air Tanker Group in the UK (2019: €129 million). For information regarding the funding of the Company’s pension plans, which are considered as related parties, see “– Note 32: Post-Employment Benefits”. The information relative to compensation and benefits granted to Members of the Executive Committee and Board of Directors are disclosed in “– Note 34: Remuneration”. 25 Airbus / Financial Statements 2020