Airbus 2013 Annual Report Download - page 42

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— AIRBUS
The Division (comprising commercial and military
activities) delivered a record number of aircraft, while
beating its target for new commercial orders and
achieving signicantly improved protability.
In 2013, the consolidated revenues of Airbus Division, including
the former Airbus Military business, increased to € 42.0 billion
(2012: € 39.3 billion(a)), reecting higher deliveries.
Airbus delivered a record 626 commercial aircraft in 2013
(588in 2012). Deliveries of military transport aircraft stood
at31(29in 2012), including the rst two A400M aircraft
for the French Air Force.
The Division’s consolidated EBIT* rose to € 1,710 million
(2012: € 1,252 million(a)), due mainly to a solid operational
performance in the commercial aircraft business.
In total € 354 million of A350 XWB development costs were
capitalised under IAS 38.
Net order intake increased sharply to € 202.3 billion (2012:
€ 88.9billion(a)), driven by strong commercial aircraft demand.
Airbus’ consolidated order book was valued at € 647.4 billion at
the year-end (year-end 2012: € 525.5 billion(a)), representing more
than eight years of production.
OPERATIONAL IMPROVEMENT
Through operational improvement, Airbus achieved a 6.5%
year-on-year increase in commercial deliveries while utilising the
same industrial set-up and the same product portfolio. Improved
production was mainly driven by joint investments in the supply
chain, simplied processes and increased empowerment of
operational units.
“THROUGH
OPERATIONAL
IMPROVEMENT,
Airbus achieved a 6.5% year-on-year
increase in commercial deliveries.”
The A350 XWB made its maiden ight in June 2013
Scan here or visit
www.reports.airbus-group.com
ANNUAL REVIEW 2013 — ACHIEVING OUR GOALS
AIRBUS
Comprising commercial and military activities in 2013
40