2020 Financial Statements

1. Airbus SE – IFRS Consolidated Financial Statements / Airbus SE – IFRS Consolidated Statement of Cash Flows for the years ended 31 December 2020 and 2019 (In € million) Note 2020 2019 Operating activities Loss for the period attributable to equity owners of the parent (Net income) (1,133) (1,362) (Loss) Profit for the period attributable to non-controlling interests (36) 37 Adjustments to reconcile profit for the period to cash provided by operating activities: Interest income (140) (228) Interest expense 411 339 Interest received 82 151 Interest paid (205) (187) Income tax expense 39 2,389 Income tax paid 79 (1,476) Depreciation and amortisation 11 2,831 2,927 Valuation adjustments 95 600 Results on disposals of non-current assets 9 (77) Results of investments accounted for under the equity method (39) (299) Change in current and non-current provisions 1,138 475 Contribution to plan assets (1) (314) (1,752) Change in other operating assets and liabilities (8,237) 2,216 Inventories 152 117 Trade receivables 351 29 Contract assets and liabilities 848 1,297 Trade liabilities 23 (5,523) (1,625) Other assets and liabilities 26, 27 (4,065) 2,398 Cash provided by (used for) operating activities (5,420) 3,753 Investing activities Purchases of intangible assets, property, plant and equipment, investment property (1,759) (2,340) Proceeds from disposals of intangible assets, property, plant and equipment and investment property 228 112 Acquisitions of subsidiaries, joint ventures, businesses and non-controlling interests (net of cash) (481) 8 Payments for investments accounted for under the equity method, other investments and other long-term financial assets (565) (952) Proceeds from disposals of investments accounted for under the equity method, other investments and other long-term financial assets 408 358 Dividends paid by companies valued at equity 9 (8) 210 Disposals of non-current assets and disposal groups classified as assets held for sale and liabilities directly associated 0 137 Payments for investments in securities 37 (337) (2,861) Proceeds from disposals of securities 37 6,640 2,464 Cash provided by (used for) investing activities 4,126 (2,864) Financing activities Increase in financing liabilities 37 7,102 402 Repayment of financing liabilities 37 (445) (562) Cash distribution to Airbus SE shareholders 35 0 (1,280) Payments for liability for puttable instruments 91 319 Changes in capital and non-controlling interests 89 194 Change in treasury shares (4) (31) Cash provided by (used for) financing activities 6,833 (958) Effect of foreign exchange rate changes on cash and cash equivalents (414) (45) Net increase (decrease) in cash and cash equivalents 5,125 (114) Cash and cash equivalents at beginning of period 9,314 9,428 Cash and cash equivalents at end of period 37 14,439 9,314 (1) Thereof €331 million contributions for retirement and deferred compensation plans in 2020 (2019: €1,758 million). The accompanying notes are an integral part of these Consolidated Financial Statements (IFRS). 10 Airbus / Financial Statements 2020