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AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 107 l
Notestothe IFRSCompanyFinancialStatements
4.
13.3 Potential Effect of Set-Off Rights on Recognised Financial Assets and Liabilities
The Company reports all its financial assets and financial liabilities on a gross basis. With each derivative counterparty there are
master netting agreements in place providing for the immediate close-out of all outstanding derivative transactions and payment
of the net termination amount in the event a party to the agreement defaults or another defined termination event occurs. The
following tables set out, on a counterparty specific basis, the potential effect of master netting agreements on the Company’s
financial position, separately for financial assets and financial liabilities that were subject to such agreements as of 31December
2015 and 31December 2014, respectively:
Derivative instruments Gross
amounts
recognised
Gross amounts
recognised set
off in the financial
statements
Net amounts
presented in
the financial
statements
Related amounts not set off in
thestatement of financial position
Net
amount
(In € million)
Financial
instruments Cash collateral
received
31December 2015  
Financial assets 11,961 011,961 (2,754) 09,207
Financial liabilities 11,951 011,951 (2,754) 09,197
31December 2014  
Financial assets 5,505 05,505 (1,038) 04,467
Financial liabilities 5,662 05,662 (1,038) 04,624
13.4 Notional Amounts of Derivative Financial Instruments
The maturity of hedged interest cash flows are as follows, specified by year of expected maturity:
(In € million) 1 year 2years 3years 4years 5years 6years 7years > 7years
31December 2015  
Interest rate contracts 2,549 41 1,021 18 14 1,134 83,469 8,254
Interest rate future contracts 1,032 000000 01,032
31December 2014  
Interest rate contracts 833 2,537 30 1,000 0 0 1,088 05,488
Interest rate future contracts 176 000000 0176
Remaining period Total
The notional amounts of equity swaps are as follows:
(In € million)
Remaining period Total
1 year 2years 3years 4years > 4years
31December 2015 153 76 52 49 20 350
31December 2014 209 146 75 23 0453
Financial Statements 2015
11 22 33 44 55
QRegistration Document 2015
Annual Report 2015 Financial Statements 2015
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