2020 Financial Statements

2. Notes to the IFRS Consolidated Financial Statements / 2.5 Operational Assets and Liabilities Movements in other provisions during the year were as follows: (In € million) Balance at 1 January 2020 Exchange differences Increase from passage of time Additions Reclassification / Change in consolidated group Used Released Balance at 31 December 2020 Onerous contracts 3,955 (124) 0 547 (266) (1,058) (28) 3,026 Outstanding costs 1,214 (6) 0 434 3 (281) (44) 1,320 Aircraft financing risks (1) 5 0 0 0 0 0 2 7 Obligation from services and maintenance agreements 571 10 3 36 0 (57) (10) 553 Warranties 323 (5) (1) 82 (4) (54) (16) 325 Personnel-related provisions (2) 983 (3) 1 1,507 (11) (483) (89) 1,905 Litigation and claims (3) 911 (3) 0 255 0 (93) (176) 894 Asset retirement 203 (2) 1 1 0 0 (18) 185 Other risks and charges 2,396 (11) (2) 898 (70) (753) (110) 2,348 Total 10,561 (144) 2 3,760 (348) (2,779) (489) 10,563 (1) See “– Note 28: Sales Financing Transactions”. (2) See “– Note 31: Personnel-Related Provisions”. (3) See “– Note 39: Litigation and Claims”. Provisions for onerous contracts in 2020 mainly include the utilisation and net presentation of the A380, A400M and A220 programme losses against inventories. Personnel-related provisions include restructuring provisions and other personnel charges. For more details, see “– Note 31: Personnel-Related Provisions”. Contingent assets and contingent liabilities —The Company is exposed to technical and commercial contingent obligations due to the nature of its businesses. To mitigate this exposure, the Company has subscribed a Global Aviation Insurance Programme (“GAP”). Information required under IAS 37 “Provisions, Contingent Assets and Contingent Liabilities” is not disclosed if the Company concludes that disclosure can be expected to prejudice seriously its position in a dispute with other parties. For other contingent liabilities, see “– Note 39: Litigation and Claims” and “– Note 12: Revenue and Gross Margin” (mainly A400M programme). Other commitments include contractual guarantees and performance bonds to certain customers as well as commitments for future capital expenditures and amounts which may be payable to commercial intermediaries if future sales materialise. 26. Other Financial Assets and Other Financial Liabilities Other Financial Assets (In € million) 31 December 2020 2019 Positive fair values of derivative financial instruments (1) 3,451 996 Others 32 37 Total non-current other financial assets 3,483 1,033 Receivables from related companies 1,158 1,148 Positive fair values of derivative financial instruments (1) 973 444 Others 301 468 Total current other financial assets 2,432 2,060 Total 5,915 3,093 (1) See “– Note 38: Financial Instruments”. 42 Airbus / Financial Statements 2020