Airbus 2015 Annual Report Download - page 206

AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 24 l
Notes to the IFRSConsolidatedFinancialStatements
2.2 Group Structure
Furthermore, the Group has interests in a number of individually immaterial joint ventures, being accounted for under the equity
method. They are stated in aggregate in the following table:
(In € million) 2015 2014
Group’s interest in equity on investee at beginning of the year 134 139
Result from continuing operations attributable to the Group (10) (7)
Other comprehensive income attributable to the Group 62
Dividends received during the year (1) 0
New joint ventures 179 0
Carrying amount of the investment at 31December 308 134
The Group’s share of contingent liabilities of its joint ventures as of 31December 2015 amounts to € 0million (2014: € 2million).
7.2 Investments in Associates
In 2015, the Group has interests in a number of individually immaterial associates, being accounted for under the equity method.
They are stated in aggregate in the following table:
(In € million) 2015 2014
Group’s interest in equity on investee at beginning of the year 77 147
Result from continuing operations attributable to the Group 40 76
Other comprehensive income attributable to the Group (29) (35)
Dividends received during the year (10) (20)
Disposal of shares (16) (91)
Carrying amount of the investment at 31December 62 77
As of 31December 2014, the Group’s only individually material
investment in associates was Dassault Aviation (42.11%) with
a carrying amount of € 2,429million. Following the partial sale
of Dassault Aviation shares in the financial year2015 (for more
details, please see Note6 “Acquisitions and disposals”), the
remaining equity investment in Dassault Aviation has been
reclassified as asset held for sale.
The cumulative unrecognised comprehensive loss amounts
for these associates to € -117million and € -147million as of
31December 2015 and 2014, respectively (thereof €+30million
for the period).
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015