Airbus 2015 Annual Report Download - page 215

AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 33 l
Notes to the IFRSConsolidatedFinancialStatements
2.
2.4 Group Performance
Deferred income taxes as of 31December 2014 are related to the following assets and liabilities:
(In € million)
1January 2014 Other movements Movement through income statement 31December 2014
Deferred
tax
assets
Deferred
tax
liabilities OCI/ IAS19 Others(1)
R&D
tax
credits
Deferred
tax benefit
(expense)
Deferred
tax
assets
Deferred
tax
liabilities
Intangible assets 146 (456) 0 3 0 (118) 50 (475)
Property, plant and equipment 418 (1,284) 024 0(23) 490 (1,355)
Investments and other
assets long-term financial 337 (155) (30) 0 0 13 332 (167)
Inventories 1,116 (236) 0(10) 0(108) 1,219 (457)
Receivables and other assets 246 (2,866) 599 (17) 0168 397 (2,267)
Prepaid expenses 3(6) 0 0 0 5 2 0
Provision for retirement plans 1,137 0577 20 0163 1,897 0
Other provisions 2,425 (347) 0 1 0 (155) 2,422 (498)
Liabilities 795 (971) 1,392 (10) 0258 2,335 (871)
Deferred income 82 (46) 0 0 0 (5) 53 (22)
Net operating loss and tax credit carry
forwards 2,441 0 0 74 12 (447) 2,080 0
Deferred tax assets (liabilities)
beforeoffsetting 9,146 (6,367) 2,538 85 12 (249) 11,277 (6,112)
Valuation allowances on deferred tax
assets (500) 0 0 (10) 0(68) (578) 0
Set-off (4,913) 4,913 0 0 0 0 (4,982) 4,982
Net deferred tax assets (liabilities) 3,733 (1,454) 2,538 75 12 (317) 5,717 (1,130)
(1) “Others” mainly comprises changes in the consolidation scope and foreign exchange rate effects.
16. Earnings per Share
Basic earnings per share – The weighted average number of ordinary shares used for the basic earnings per share computation
does not include those shares for which a financial liability was recognised, and equity reduced, under the share buyback
programme (see Note32.1 “Equity attributable to equity owners of the parent”).
2015 2014
Profit for the period attributable to equity owners of the parent (Net income) € 2,696million € 2,343million
Weighted average number of ordinary shares 785,621,099 782,962,385
Basic earnings per share € 3.43 € 2.99
Diluted earnings per share – The Group’s categories of
dilutive potential ordinary shares are Stock Option Plans
(“SOP”), share-settled Performance Units for Executive
Committee Members relating to Long-Term Incentive Plans
(“LTIP”) and the convertible bond issued on 1July 2015 (see
Note34.3 “Financing liabilities”). In 2015, the average price of
AirbusGroup shares exceeded the exercise price of the SOP
as well as the share-settled Performance Units and therefore
359,335shares (in 2014: 1,193,364shares) were considered
in the calculation of diluted earnings per share. The dilutive
effect of the convertible bonds was also considered in the
calculation of diluted earnings per share in 2015, by adding
back € 3million of interest expense to the profit for the period
attributable to equity owners of the parent (2014: no adjustment)
and by including 2,511,495 of dilutive potential ordinary shares.
2015 2014
Profit for the period attributable to equity owners of the parent (Net income) € 2,699million € 2,343million
Weighted average number of ordinary shares (diluted)(1) 788,491,929 784,155,749
Diluted earnings per share € 3.42 € 2.99
(1) Dilution assumes conversion of all potential ordinary shares.
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015
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