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AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 46 l
Notes to the IFRSConsolidatedFinancialStatements
2.6 Employees Costs and Benefits
Customer Financing Exposure
The on-balance sheet assets relating to sales financing, the off-balance sheet commitments and the related financing exposure
(not including asset value guarantees) as of 31December 2015 and 2014 are as follows:
(In € million) Airbus Airbus
Helicopters Total Airbus Airbus
Helicopters Total
Operating leases(1) 337 0337 327 0327
Finance leases and loans 779 61 840 546 78 624
Inventory 179 0179 169 0169
Other investments 28 028 0 0 0
On-balance sheet customer financing 1,323 61 1,384 1,042 78 1,120
Off-balance sheet customer financing 84 892 126 9135
Non-recourse transactions on balance sheet (17) 0(17) (10) (6) (16)
Off-balance sheet adjustments (24) 0(24) (55) 0(55)
Gross customer financing exposure 1,366 69 1,435 1,103 81 1,184
Collateral values (922) (20) (942) (743) (37) (780)
Net exposure 444 49 493 360 44 404
Operating leases (220) 0(220) (114) 0(114)
Finance leases and loans (113) 0(113) (179) 0(179)
On-balance sheet commitments - provisions(2) 0(49) (49) (3) (44) (47)
On-balance sheet commitments - inventories (93) 0 (93) (42) 0(42)
Off-balance sheet commitments - provisions(2) (18) 0(18) (22) 0(22)
Asset impairments and provisions (444) (49) (493) (360) (44) (404)
31December 2015 31December 2014
(1) For 2015 and 2014, depreciation amounts to € 27million and € 31million respectively and related accumulated depreciation is € 203million and € 162million respectively.
(2) See Note22 “Provisions, contingent assets and contingent liabilities”.
2.6 Employees Costs and Benefits
26. Number of Employees
(In € million) Airbus Airbus
Helicopters Airbus Defence
and Space Total
segments Others/
HQ Consolidated
31December 2015 72,816 22,520 38,206 133,542 3,032 136,574
31December 2014 73,958 22,939 38,637 135,534 3,088 138,622
27. Personnel Expenses
(In € million) 2015 2014
Wages, salaries and social contributions 13,022 12,291
Net periodic pension cost (see Note29 “Post-employment benefits”) 598 549
Total 13,620 12,840
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015