AIRBUS - 2019 Financial Statements

2.2 Airbus Structure Notes to the IFRS Consolidated Financial Statements / 2 The following table summarises financial information for ArianeGroup, MBDA and ATR GIE based on their Consolidated Financial Statements prepared in accordance with IFRS: (In € million) ArianeGroup MBDA ATR GIE 2019 2018 2019 2018 2019 2018 Revenue 3,069 3,587 3,703 3,164 1,438 1,498 Depreciation and amortisation (128) (128) (126) (107) (33) (19) Interest income 4 5 13 9 0 0 Interest expense (15) (3) (26) (6) 0 0 Income tax expense (71) (83) (127) (99) (3) (3) Profit from continuing operations 133 251 268 239 106 193 Other comprehensive income (79) (14) (79) 5 0 0 Total comprehensive income (100%) 54 237 189 244 106 193 Non-current assets 6,207 5,748 2,718 2,437 252 172 Current assets 6,610 6,626 7,707 7,654 729 674 thereof cash and cash equivalents 828 507 2,906 2,658 6 3 Non-current liabilities 1,067 688 1,114 1,046 166 87 thereof non-current financial liabilities (excluding trade and other payables and provisions) 517 137 5 9 0 0 Current liabilities 7,601 7,514 8,693 8,462 592 460 thereof current financial liabilities (excluding trade and other payables and provisions) 57 28 25 6 0 0 Total equity (100%) 4,149 4,172 618 583 223 299 Equity attributable to the equity owners of the parent 4,145 4,157 618 583 223 299 Non-controlling interests 4 15 0 0 0 0 (In € million) ArianeGroup MBDA ATR GIE 2019 2018 2019 2018 2019 2018 The Company’s interest in equity on investee 2,073 2,078 232 218 111 150 Goodwill 244 244 282 282 0 0 PPA adjustments, net of tax (1,519) (1,519) 0 0 0 0 Airbus Defence and Space PPA (including 2016 Ariane 6 catch-up) (52) (37) 0 0 0 0 Contingent liability release adjustment (30) (25) 0 0 0 0 Fair value adjustments and modifications for differences in accounting policies (19) (21) (11) (11) 0 0 Dividend adjustment 0 0 (53) (26) 0 0 Elimination of downstream inventory 2 2 0 0 (5) (4) Carrying amount of the investment at 31 December 699 722 450 463 106 146 The development of these investments is as follows: (In € million) ArianeGroup MBDA ATR GIE 2019 2018 2019 2018 2019 2018 Carrying amount of the investment at 1 January 722 698 463 397 146 169 Share of results from continuing operations 52 88 101 91 54 98 Share of other comprehensive income (38) (8) (30) (1) (3) 4 Dividends received during the year (38) (26) (84) (26) (90) (125) Changes in consolidation 0 0 0 0 0 0 Others 0 (30) (1) 2 (1) 0 Carrying amount of the investment at 31 December 699 722 450 463 106 146 The Company’s share of contingent liabilities as of 31 December 2019 relating to MBDA is €412 million (2018: €420 million). 25 Airbus / Financial Statements 2019