Airbus 2015 Annual Report Download - page 220

AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 38 l
Notes to the IFRSConsolidatedFinancialStatements
2.5 Operational Assets andLiabilities
Property, Plant and Equipment by Geographical Areas
(In € million) 2015 2014
France 7,0 35 6,438
Germany 4,294 4,428
UK 3,015 2,891
Spain 1,560 1,534
Other countries 1,105 817
Property, plant and equipment by geographical areas(1) 17,009 16,10 8
31December
(1) Property, plant and equipment by geographical areas excludes leased assets of € 118million (2014: € 213million).
Off-Balance Sheet Commitments
Commitments related to property, plant and equipment
comprise contractual commitments for future capital
expenditures and contractual commitments for purchases of
“Land, leasehold improvements and buildings including buildings
on land owned by others” (€ 320million as of 31December 2015
compared to 2014 of € 276million).
Future nominal operating lease payments (for the Group as a
lessee) for rental and lease agreements not relating to aircraft
sales financing amount to € 844million as of 31December
2015 (2014: € 756million), and relate mainly to procurement
operations (e.g. facility leases, car rentals).
Maturities as of 31December 2015 and 31December 2014 are as follows:
(In € million) 2015 2014
Not later than 1 year 158 150
Later than 1 year and not later than 5years 393 347
Later than 5years 293 259
Total 844 756
31December
19. Other Investments and Other Long-TermFinancialAssets
(In € million)
31December
2015 2014
Other investments 1,232 617
Other long-term financial assets 1,260 1,152
Total non-current other investments and other long-term financial assets 2,492 1,769
Current portion of other long-term financial assets 178 167
Total 2,670 1,936
Other investments mainly comprise the Group’s participations,
the most significant at 31December 2015 being the participations
in AviChina (Group share: 5.0%) amounting to € 199million (2014:
€ 140million) and CARMAT SAS (Group share: 24.2%, 2014:
24.2%) amounting to € 43million (2014: € 68million).
Other long-term financial assets and the current portion of
other long-term financial assets encompass other loans in the
amount of € 717million and € 876million as of 31December 2015
and 2014, and the Group’s sales finance activities in the form
of finance lease receivables and loans from aircraft financing
(see Note25 “Sales financing transactions”).
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015