Airbus 2015 Annual Report Download - page 283

AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 101 l
Notestothe IFRSCompanyFinancialStatements
4.
Reconciliation Consolidated to Company Equity and Net Income
The difference between the total shareholders’ equity according to the Consolidated Financial Statements and Company’s Financial
Statements as at 31December 2015 and 2014 is as follows:
(In € million) 2015 2014
Consolidated equity 5,966 7,0 61
AOCI - Restatement of investments from Consolidated to Company Financial Statements 4,527 1,390
Retained Earnings - Restatement of investments from Consolidated to Company Financial Statements (1,537) 1,657
Retained Earnings - Valuation investments at historical cost 1,487 1,487
Retained Earnings - Impairment of financial assets (1,273) (1,273)
Company’s equity 9,170 10,322
31December
The difference between the net income according to the Consolidated Financial Statements and Company’s Financial Statements
for the year ended 31December 2015 and 2014 is as follows:
(In € million) 2015 2014
Consolidated net income 2,696 2,343
Income from investments according to Consolidated Financial Statements (2,694) (2,412)
Income from investments according to Company Financial Statements 9760
Loss on/ Impairment of financial assets (5) (45)
Other valuation differences 48 (23)
Company’s net income (Profit for the period) 54 623
12. Cash, Securities and Financing Liabilities
12.1 Cash and Cash Equivalents
Cash and cash equivalents are composed of the following elements:
(In € million) 2015 2014
Bank accounts 444 1,195
Short-term securities (at fair value through profit or loss) 3,220 3,261
Short-term securities (available-for-sale) 2,851 1,744
Total cash and cash equivalents 6,515 6,200
31December
Only securities with a maturity of three months or less from the date of the acquisition, that are readily convertible to known
amounts of cash and which are subject to an insignificant risk of changes in value are recognised in cash equivalents.
12.2 Securities
(In € million) 2015 2014
Current securities (available-for-sale) 1,683 3,077
Non-current securities (available-for-sale) 9,590 5,805
Non-current securities (at fair value through profit or loss) 34
Total securities 11,276 8,886
31December
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015
Q