Airbus 2015 Annual Report Download - page 259

AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 77 l
Notes to the IFRSConsolidatedFinancialStatements
2.
2.8 Other Notes
35.6 Net Gains or Net Losses
The Group’s net gains or net losses recognised in profit or loss in 2015 and 2014, respectively, are as follows:
(In € million) 2015 2014
Financial assets or financial liabilities at fair value through profit or loss: 
Held for trading (178) (308)
Designated on initial recognition 166 91
Available-for-sale financial assets 183 314
Loans and receivables(1) (182) (163)
Financial liabilities measured at amortised cost (192) 0
(1) Contain among others impairment losses.
Interest income from financial assets or financial liabilities through profit or loss is included in net gains or losses.
35.7 Impairment Losses
The following impairment losses on financial assets are recognised in profit or loss in 2015 and 2014, respectively:
(In € million) 2015 2014
Other investments and other long-term financial assets 
Equity instruments (49) (14)
Customer financings (25) (16)
Other loans (12) (17)
Trade receivables (25) (28)
Total (111) (75)
2.8 Other Notes
36. Litigation and Claims
Litigation and claims — Various legal actions, governmental
investigations, proceedings and other claims are pending or
may be instituted or asserted in the future against the Group.
Litigation is subject to many uncertainties, and the outcome of
individual matters is not predictable with certainty. The Group
believes that it has made adequate provisions to cover current
or contemplated litigation risks. It is reasonably possible that the
final resolution of some of these matters may require the Group
to make expenditures, in excess of established reserves, over an
extended period of time and in a range of amounts that cannot
be reasonably estimated. The term “reasonably possible” is
used herein to mean that the chance of a future transaction or
event occurring is more than remote but less than likely.
AirbusGroup is involved from time to time in various legal and
arbitration proceedings in the ordinary course of its business,
the most significant of which are described below. Other than
as described below, AirbusGroup is not aware of any material
governmental, legal or arbitration proceedings (including any
such proceedings which are pending or threatened), during
a period covering at least the previous twelve months which
may have, or have had in the recent past significant effects
on AirbusGroup SE’s or the Group’s financial position or
profitability.
If the Group concludes that the disclosures relative to contingent
liabilities can be expected to prejudice seriously its position in
a dispute with other parties, the Group limits its disclosures to
the nature of the dispute.
Financial Statements 2015
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Annual Report 2015 Financial Statements 2015
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