2020 Financial Statements

2. Notes to the IFRS Consolidated Financial Statements / 2.2 Airbus Structure 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 2020 2019 2020 2019 2020 2019 Revenue 2,718 3,069 3,592 3,703 398 1,438 Depreciation and amortisation (128) (128) (143) (126) (6) (33) Interest income 9 4 5 13 0 0 Interest expense (27) (15) (17) (26) 0 0 Income tax expense 9 (71) (119) (127) 1 (3) Profit from continuing operations (6) 133 279 268 (138) 106 Other comprehensive income (14) (79) (157) (79) 0 0 Total comprehensive income (100%) (20) 54 122 189 (138) 106 Non-current assets 6,111 6,207 2,687 2,718 262 252 Current assets 6,260 6,610 7,841 7,707 835 729 thereof cash and cash equivalents 642 828 2,851 2,906 9 6 Non-current liabilities 1,152 1,067 1,104 1,114 165 166 thereof non-current financial liabilities (excluding trade and other payables and provisions) 483 517 3 5 0 0 Current liabilities 7,075 7,601 8,821 8,693 901 592 thereof current financial liabilities (excluding trade and other payables and provisions) 53 57 27 25 0 0 Total equity (100%) 4,144 4,149 603 618 31 223 Equity attributable to the equity owners of the parent 4,144 4,145 603 618 31 223 Non-controlling interests 0 4 0 0 0 0 (In € million) ArianeGroup MBDA ATR GIE 2020 2019 2020 2019 2020 2019 The Company’s interest in equity on investee 2,072 2,073 226 232 15 111 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) (71) (52) 0 0 0 0 Contingent liability release adjustment (36) (30) 0 0 0 0 Fair value adjustments and modifications for differences in accounting policies (23) (19) (10) (11) 0 0 Dividend adjustment 0 0 0 (53) 0 0 Elimination of downstream inventory 2 2 0 0 (5) (5) Carrying amount of the investment at 31 December 669 699 498 450 10 106 ATR GIE manufactures advanced turboprop aircraft. It is a 50% joint venture between Leonardo group company and the Company. Both Leonardo and the Company provide airframes which are assembled by ATR GIE in France. The members of ATR GIE are legally entitled exclusively to the benefits and are liable for the commitments of the Company. ATR GIE is obliged to transfer its cash to each member of the joint venture. 24 Airbus / Financial Statements 2020