AIRBUS - 2019 Financial Statements

Notes to the IFRS Company Financial Statements / Included in the securities portfolio as of 31 December 2019 and 2018, respectively, are corporate and government bonds bearing either fixed rate coupons (€12,586 million nominal value; 2018: €12,067 million) or floating rate coupons (€121 million nominal value; 2018: €479 million). 13. Cash, Securities and Financing Liabilities 13.1 Net Cash (In € million) 31 December 2019 2018 Cash and Cash equivalents 8,129 7,886 Current Securities 2,255 2,073 Non-Current Securitries 10,811 10,473 Gross Cash position 21,195 20,432 Short-term financing liabilities (6,580) (6,746) Long-term financing liabilities 0 0 Total 14,615 13,686 13.2 Cash and Cash Equivalents Cash and cash equivalents are composed of the following elements: (In € million) 31 December 2019 2018 Bank accounts and petty cash 463 326 Short-term securities (at fair value through profit or loss) 7,014 6,576 Short-term securities (at fair value through OCI) 652 984 Total cash and cash equivalents 8,129 7,886 Only securities with a maturity of three months or less from the date of the acquisition, that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value are recognised in cash equivalents. 13.3 Securities (In € million) 31 December 2019 2018 Current securities at fair value through OCI 2,255 2,073 Non-current securities at fair value through OCI 10,811 10,135 Non-current securities at fair value through profit or loss 0 338 Total securities 13,066 12,546 102 Airbus / Financial Statements 2019