2023 Rolls-Royce Civil Aerospace and Power Systems Performance Overview

Drivers of Civil LTSA balance change Deferred revenue reflects difference between invoiced EFH receipts and P&L revenues traded Invoiced EFH receipts Reflects invoiced EFH receipts on long-term contracts across entire Civil LTSA-covered fleet P&L LTSA Invoiced EFH receipts £2,337m revenue (pre-catch-ups) £1,587m LTSA contract catch-ups £23m FX & other £130m + P&L revenue Driven by cost (e.g. shop visits) across large engine, business aviation and regional fleets Recognised by contract, as costs incurred, at relevant contract margins 2023 Opening balance (LTSA net creditor) £7,372m LTSA revenue post catch-ups £1,610m ROLLS R ROYCE 2023 HY Closing balance (LTSA net creditor) £8,229m Page 40 © 2023 Rolls-Royce

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