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AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 94 l
Notestothe IFRSCompanyFinancialStatements
4.2 Company Performance
4. Total Operating Result
(In € million) 2015 2014
Operating income
Corporate services rendered to Group companies 476 457
Operating expenses (634) (561)
Service fees charged by Group companies (581) (519)
Administrative expenses (53) (42)
Income from investments 9760
Dividends received from Group companies 9189
Result on sale of investments 0571
Loss/Impairment of financial assets (5) (45)
Book loss on investments (5) 0
Impairment of intercompany financial assets 0(43)
Impairment of investments 0(2)
Total operating result (154) 611
5. Total Financial Result
(In € million) 2015 2014
Interest result(1) 92 87
Interest income from available-for-sale securities 93 85
Others (1) 2
Other financial result 127 (119)
Equity instruments 159 (101)
Interest rate hedging (11) (7)
Financing costs (9) (7)
FX revaluation (12) (4)
Total financial result 219 (32)
(1) In 2015, the total interest income amounts to € 225million (in 2014: € 219million) for financial assets which are not measured at fair value through profit or loss. For financial
liabilities which are not measured at fair value through profit or loss € -133million (in 2014: € -132million) are recognised as total interest expenses. Both amounts are calculated
by using the effective interest method.
The Company is acting as a financial market agent on behalf of its subsidiaries, therefore the fair value changes of derivatives
are reported on a net basis.
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015