2020 Financial Statements

2. Notes to the IFRS Consolidated Financial Statements / 2.7 Capital Structure and Financial Instruments The following table presents the carrying amounts and fair values of financial instruments by class and by IFRS 9 measurement category as of 31 December 2020: (In € million) Fair value through profit or loss Fair value through OCI Financial assets and liabilities at amortised cost Financial instruments total Amortised cost Fair value Book value Fair value Assets Other investments and other long-term financial assets Equity investments (1) 967 1,278 0 0 2,245 2,245 Customer financing 237 0 0 0 237 237 Other loans 0 0 1,841 1,841 1,841 1,841 Trade receivables 0 0 5,132 5,132 5,132 5,132 Contract assets 0 0 1,122 1,122 1,122 1,122 Other financial assets Derivative instruments 4,424 0 0 0 4,424 4,424 Non-derivative instruments 0 0 1,491 1,491 1,491 1,491 Securities 0 6,968 0 0 6,968 6,968 Cash and cash equivalents 9,654 512 4,273 4,273 14,439 14,439 Total 15,282 8,758 13,859 13,859 37,899 37,899 Liabilities Financing liabilities Bonds and commercial papers 0 0 (13,107) (13,997) (13,107) (13,997) Liabilities to financial institutions and others 0 0 (2,190) (2,190) (2,190) (2,190) Finance lease liabilities 0 0 (1,798) (1,798) (1,798) (1,798) Other financial liabilities Derivative instruments (2,817) 0 0 0 (2,817) (2,817) European Governments’ refundable advances (2) 0 0 (3,912) (3,912) (3,912) (3,912) Others 0 0 (697) (697) (697) (697) Trade liabilities 0 0 (8,722) (8,722) (8,722) (8,722) Total (2,817) 0 (30,426) (31,316) (33,243) (34,133) (1) Other than those accounted for under the equity method. (2) The European Governments’ refundable advances of € -3,912 million are measured at amortised cost. Fair values cannot be reliably measured because their risk sharing nature and the uncertainty of the repayment dates give rise to a broad range of reasonable fair value estimates and make it impossible to reasonably assess the probabilities of the various estimates within the range. This may change and reliable fair value measures become available as the related programmes approach the end of production. 70 Airbus / Financial Statements 2020