Q1 2022 Financial Overview slide image

Q1 2022 Financial Overview

Currency Hedge Policy IN $ BILLION 4.4 20.4 19.5 16.2 13.3 9.5 7.0 Forward Sales as of Mar. 2022 Forward Sales as of Dec. 2021 1.1 2027 2028 Average hedge rates 2022 Remaining 9 months 2023 2024 2025 2026 € vs $ 1.23 1.22 1.23 1.25 1.30 Forwards (1.22 in Dec. 21) (1.23 in Dec. 21) (1.24 in Dec. 21) (1.26 in Dec. 21) (1.31 in Dec. 21) 1.34 (1.35 in Dec. 21) ■ In Q1 2022 $4.4 bn (1) of hedges matured at an average rate of € 1 = $ 1.21 $ 3.5 bn (1) of new Forwards were added at € 1 = $ 1.18 Hedge portfolio (1) as of 31 March 2022 at $ 87.1 bn (vs. $ 88.3 bn in December 2021), at an average rate of $ 1.25 Approximately 60% of Airbus US$ revenues are naturally hedged by US$ procurement. Graph shows US$ Forward Sales Hedge rates reflect EBIT impact of the US$ hedge portfolio (1) Total hedge amount contains €/$ and £/$ designated hedges. 1.32 (1.32 in Dec. 21) Mark-to-market value incl. in AOCI = € - 5.3 bn Closing rate @ 1.11 € vs. $ 8 AIRBUS
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