9m Results 2011

10 November 2011

Hans Peter Ring

CFO

Safe Harbour Statement

Disclaimer This presentation includes forward-looking statements. Words such as anticipates, believes, estimates, expects, intends, plans, projects, may and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements made about strategy, ramp-up and delivery schedules, introduction of new products and services and market expectations, as well as statements regarding future performance and outlook. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include but are not limited to:
Changes in general economic, political or market conditions, including the cyclical nature of some of EADS businesses; Significant disruptions in air travel (including as a result of terrorist attacks); Currency exchange rate fluctuations, in particular between the Euro and the U.S. dollar; The successful execution of internal performance plans, including cost reduction and productivity efforts; Product performance risks, as well as programme development and management risks; Customer, supplier and subcontractor performance or contract negotiations, including financing issues; Competition and consolidation in the aerospace and defence industry; Significant collective bargaining labour disputes; The outcome of political and legal processes, including the availability of government financing for certain programmes and the size of defence and space procurement budgets; Research and development costs in connection with new products; Legal, financial and governmental risks related to international transactions; Legal and investigatory proceedings and other economic, political and technological risks and uncertainties. As a result, EADS actual results may differ materially from the plans, goals and expectations set forth in such forward-looking statements. For a discussion of factors that could cause future results to differ from such forward-looking statements, see EADS Registration Document dated 19 April 2011. Any forward-looking statement contained in this presentation speaks as of the date of this presentation. EADS undertakes no obligation to publicly revise or update any forward-looking statements in light of new information, future events or otherwise.

EADS 9m 2011 earnings

Highlights
Divisional Performance Guidance

9M Highlights
Commercial Update: Commercial success continues; Rate 44 per month for SA production still under investigation thanks to active campaigns;
Leasing 19% RoW 4%

Record Backlog and Overbooking allow monitoring of macro environment. Defence Update: Pressure on Defence Budgets. No change to overall environment Strategic Roadmap Progress:
Latin America 6% Middle East 10%

Asia Pacific 37%

North America 11%

Europe 13%

Airbus order backlog by region (in units)

Successful completion of Satair and Metron acquisitions; consolidation expected Q4; Vizada acquisition expected to close in the coming months. 9m Earnings Highlights: Better than expected 9m 2011 earnings lead to increase in guidance; Free Cash Flow before acquisitions +587 m; A350: EIS H1 2014 triggers a charge of -200 m on EBIT*; Positive one-off due to the A340 Programme termination. EBIT* impact of +192 m.
EADS 9m 2011 earnings

9m 2011 Financial Highlights

in bn Revenues
of which Defence

9m 2011 32.7
7.5

9m 2010 31.6
7.9

Change +4%
-5%

EBIT* before one-off Order intake in bn Total Order book**

of which Defence

1.1 93.9 Sept. 2011 503.0

54.5

0.8 57.7 Dec. 2010 448.5

58.3

+29% +63% Change +12%

-6%

Strong order intake due to commercial aircraft momentum; Increase in EBIT* before one-off due to operational improvements from Eurocopter and Airbus Commercial activities and some favourable phasing at Airbus and in Headquarters.
* Pre-goodwill impairment and exceptionals ** Commercial order book based on list prices

EADS 9m 2011 earnings

9m 2011 EBIT* Before One-off

EADS Group 1.07
3.3%

AIRBUS
Comm.

AIRBUS
Military

in bn

(for EBIT* before One-off by Division see slide 21)

AIRBUS Division 0.37

1.7%

EBIT* before one-off 2011

% Revenues

0.38
1.8%

0.01
0.6%

One-off impacts:
Airbus Commercial $ PDP mismatch and balance sheet revaluation A350 Charge Positive one-off due to A340 Programme termination Other one-off Eurocopter Net charge, mainly Governmental programmes and SHAPE Other businesses Gain on disposal at EADS North America

(0.05) (0.20) 0.19 (0.01)

(0.12)

0.01

EBIT* Reported
EADS 9m 2011 earnings

0.89
* Pre-goodwill impairment and exceptionals

9m 2011 Profit & Loss Highlights

9m 2011 in % of m Revenues EBIT* Self-financed R&D** EBIT* before R&D Interest result Other financial result Taxes 885 2,151 3,036 (9) (203) (198) 2.7% 6.6% 9.3% (0%) (0.6%) (0.6%)

9m 2010 in % of m Revenues 784 2,038 2,822 (176) (276) (96) 2.5% 6.5% 9.0% (0.6%) (0.9%) (0.3%)

Net income EPS*** EPS before one-off

421 0.52 0.70

1.3%

198 0.24 0.37

0.6%

See slide 23

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals ** IAS 38: 60 m capitalised during 9m 2011; 76 m capitalised during 9m 2010 *** Average number of shares outstanding: 811,713,726 in 9m 2011; 810,745,035 in 9m 2010

Currency Hedge Policy

Contracting in Euro is progressing; Approximately 50% of EADS US$ revenues naturally hedged by US$ procurement; In 9m 2011, hedges of $ 13.5 bn* matured at an average hedge rate of 1 = $ 1.38; In 9m 2011, new hedge contracts of $ 15.0 bn, including $ 1 bn of options, were added at an average rate of 1= $ 1.38**.

EADS hedge portfolio*, 30 September 2011 ($ 71.8 bn), average rates of 1 = $ 1.38** and 1 = $ 1.61
US$ bn

25 20 15 10 5 0

20.9
1.5

19.6
1.0

Collars

14.5

Forward contracts

9.6 1.8

5.4
0.6

2011
Remaining 3 months

2012

2013

2014

2015

2016+

Average hedge rates vs $** 1.37 vs $ 1.75

1.37 1.62

1.38 1.58

1.38 1.58

1.39 1.38 1.61 1.58 Mark-to-market value = -1.6 bn

Closing rate @ 1.35 vs. $

EADS 9m 2011 earnings

* Total hedge amount contains $/ and $/ designated hedges ** Includes collars at their least favourable rates

Free Cash Flow

in m Net cash position at the beginning of the period Gross Cash Flow from Operations* Change in working capital of which Customer Financing Cash used for investing activities** of which Industrial Capex (additions) of which Others (incl. Vector Aerospace -432 m) Free Cash Flow** Free Cash Flow before customer financing**
Change in capital and non-controlling interests Change in treasury shares Contribution to plan assets of pension schemes Dividend Others

9m 2011 11,918 1,843 84 182 (1,772) (1,333) (439) 155 (27) (57) (1) (300) (182) (134) 11,399

9m 2010 9,797 1,553 531 (91) (1,293) (1,307) 14 791 882 (25) (14) (323) (6) 106 10,326

Net cash position at the end of the period

* Gross Cash Flow from Operations, excluding working capital change

EADS 9m 2011 earnings

** Excluding change in securities and contribution to plan assets of pension schemes

Highlights

Divisional Performance
Guidance

Airbus Division
Airbus Division
(after elimination)

11

Airbus Commercial
(excl. A400M)

Airbus Military
(Former MTAD, incl. A400M)

in m Deliveries Revenues R&D self-financed**

in % of revenues

9m 2011 382 a/c 22,411 1,705

7.6%

9m 2010 391 a/c 21,740 1,613

7.4%

9m 2011 374 a/c 21,120 1,690

8.0%
a)

9m 2010 380 a/c 20,446 1,607

7.9%
b)

9m 2011 12 a/c 1,747 15

0.9%

9m 2010 13 a/c 1,540 6

0.4%

EBIT*
in % of revenues

295
1.3%

296
1.4%

306
1.4%

328
1.6%

5
0.3%

(35) 20,586 248 11 a/c

Order book*** in units*** Net orders***

Gross Orders by Programme 5% LR

456,788

377,325

436,427 4,216 1,038 a/c

358,110 3,436 328 a/c

21,672 231 2 a/c

Gross Orders by Region 11% North America 24% Leasing

54% Asia Pacific 95% SA x% Tanker

EADS 9m 2011 earnings

a) 376 aircraft with revenue recognition incl. 2 A330 sell downs in Q3 2011 b) 376 aircraft with revenue recognition: 2 A320 & 2 A330 on OP lease * Pre-goodwill impairment and exceptionals ** Capitalised R&D: 17 m in 9m 2011 and 46 m in 9m 2010 *** Commercial a/c valued at list prices, units excl. freighter conversions

8% Europe 0% RoW 3% Europe

Airbus Division
Airbus Commercial (excl. A400M)
Revenues +3%
376 deliveries with revenue recognition, thereof 2 LR Operating leases sold down in Q3 2011; + 2 A380, -2 SA vs. 9m 2010; Price improvement, net of escalation.

12

EBIT* before one-off +36%

Operational improvement including pricing improvement, net of escalation; Favourable phasing; Hedge rate deterioration ( -0.2 bn); Higher R&D.

Airbus Military (incl. A400M)

Revenues +13%
Higher A400M revenue recognition (+ 0.1 bn); Higher Tanker activity (+ 0.1 bn); Higher level of activity to come in Q4 2011.

EBIT* and EBIT* before one-off improving

2010 EBIT* impacted by fx revaluation of A400M LMC provision and under-recovery of A400M fixed costs.

Key Achievements
Acquisition strategy confirmed: Completion of Satair A/S and US based Metron Aviation acquisitions; A350-900: Manufacturing and pre-assembly progressing across all pre final-assembly sites; Entry into FAL now Q1 2012; Entry into Service now H1 2014; A400M: Flying test continues, root cause of engine issues identified, substantial progress made towards solution; FSTA: Military and civil certifications achieved.

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

Eurocopter
in m Revenues R&D self-financed**
in % of revenues

13

9m 2011 3,458 154

4.5%

9m 2010 3,085 135

4.4%

Overview
Recovery in light and medium helicopter markets driven by US and Eastern Europe; 259 new net orders booked, above the 9m 2010 level, cancellation trend continues to slow.

EBIT*
in % of revenues

157
4.5%

121
3.9%

Order book in units

13,852 1,058

15,029 1,166

Revenues +12%
Impact after Vector Aerospace acquisition in Q3 ( +96 m); 323 deliveries compared to 367 h/c in 9m 2010.

EBIT* +30% Revenue split

47% Defence 49% Serial Helicopters

Favourable mix from commercial deliveries and support; Operational improvement from SHAPE; 9m 2011 net charge of -120 m mainly for governmental programmes and SHAPE (vs. -70 m net charge in 9m 2010).

53% Civil

36% Product Support and Customer Services 15% Dev. & other

Key achievements
Contract for 20 EC225 signed with CHC, not yet booked; Successful flight tests of AS350 hybrid helicopter.

based on 9m 2011 EADS external revenues * Pre-goodwill impairment and exceptionals ** Capitalised R&D: 13 m in 9m 2011 and 21 m in 9m 2010
EADS 9m 2011 earnings

Astrium
in m Revenues R&D self-financed
in % of revenues

14

9m 2011 3,440 60
1.7%

9m 2010 3,226 50
1.5%

Revenues +7%
Higher satellite and launcher activity; Lower volume in services.

EBIT* +4%
Higher volume and productivity across the business linked to the AGILE transformation programme, reduced by lower services activity; Implementation of AGILE triggering higher R&D and some Non Recurring Costs in Q4 2011.

EBIT*
in % of revenues

165
4.8%

158
4.9%

Order book

14,687

15,300

Order intake 2.3 bn Revenue split

46% Space transportation 38% Defence

Telecom satellite Eutelsat 3B awarded for Eutelsat.

Key Achievements
46th consecutive successful Ariane 5 launch; ESA technical acceptance of first two Galileo IOV satellites prior to launch in October;

62% Civil

54% Satellites thereof 31% Services

Vizada acquisition to boost services business. Regulatory approvals are expected to be granted in the coming months; Work continuing on transformation programme, AGILE, to increase efficiency.

based on 9m 2011 EADS external revenues

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

Cassidian
in m Revenues R&D self-financed
in % of revenues

15

9m 2011 3,419 174

5.1%

9m 2010 3,470 181

5.2%

Evolving business environment

Outlook unchanged since H1 2011; Eurofighter Tranche 3A production secured until 2017; New Cassidian organisation has been launched and implementation of the transformation programme has begun. Related Non Recurring Cost to come in Q4 2011.

EBIT*
in % of revenues

170
5.0%

204
5.9%

Order book

16,144

17,763

Revenues and EBIT*

In line with expectations; Usual seasonality pattern, with a lot of activity in Q4 2011.

Revenue split
15% Cassidian Electronics 88% Defence 26% Cassidian Systems

Key Achievements
Eurofighter: India and Switzerland campaigns on-going. Progress in UAS: Acquisition of Survey Copter to further address tactical UAS market; First Euro Hawk ferry flight to Germany, mission system integration to begin.

38% Cassidian Air Systems 21% MBDA

12% Civil

based on 9m 2011 EADS external revenues, proforma split only. New organisation to be reflected from 2012 onwards.

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

Other Businesses
in m Revenues R&D self-financed
in % of revenues

16

9m 2011 833 7
0.8%

9m 2010 805 6
0.7%

Revenues +3%
Higer revenues at EADS North America on US Coast Guard and LUH; Rate increases at Sogerma and higher cabin seat activity offset perimeter adjustment following acquisition of Vector Aerospace by Eurocopter; Lower deliveries at ATR as expected.

EBIT*
in % of revenues

20
2.4%

(6) 2,228

Order book

3,196

EBIT*
EADS North America gain on disposal +10 m; Increases at ATR and Sogerma.

Revenue split
24% Sogerma 37% Defence 39% ATR 63% Civil 37% EADS NA

ATR
Historic order intake at ATR with 145 firm orders booked; 72 options; Backlog stands at 274 a/c; Production rate increase from 2012.

North America
Perfect on-time and on-budget performance on LUH deliveries.

based on 9m 2011 EADS external revenues

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

Highlights Divisional Performance

Guidance

Guidance
Increase of guidance for Airbus orders, Revenues, EBIT* before one-off and Free Cash Flow Airbus Orders & Deliveries:
Airbus deliveries: 520 530 commercial aircraft; Gross Orders around 1,500.

18

Revenues:
EADS revenues should increase by more than 4% compared to 45.8 bn in 2010.

EBIT* before one-off:

EADS now expects 2011 EADS EBIT* before one-off to increase compared to the 2010 level, at around 1.45 bn thanks to better than expected underlying commercial performance.

EBIT*/EPS:
EADS expects 2011 EPS before one-off to be around 0.9 (FY 2010: 0.86) Going forward, the reported EBIT* and EPS performance of EADS will be dependent on the Groups ability to execute on the A400M, A380 and A350 XWB programmes, in line with the commitments made to its customers Reported EBIT* and EPS also depend on exchange rate fluctuations; As previously communicated, at 1 = $ 1.35, the 2011 EPS should be above the 2010 level of 0.68; at 1 = $ 1.45, it may be below.

Free Cash Flow:

Free Cash Flow before acquisitions is now expected to be significantly above 1 bn.

2012 EBIT* before one-off:

Latest reviews confirm it should materially improve thanks to Airbus with volume increase, better pricing and A380 improvement.
EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

Appendix

9m 2011 Forex EBIT* Impact Bridge

20

in m Forex impact on EBIT* Deterioration of hedge rates (: $ 1.35 to 1.38) One-time impacts Revaluation of Airbus Commercial LMC provisions 2010 Revaluation of Airbus Military A400M provision 2010 Other one-off forex effect including PDP reversal BRIDGE (0.22) (0.03) 0.03 (0.05)

Compared to 9m 2010

(0.27)

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

9m 2011 EBIT* Before One-off by Division

in bn

21

EBIT* before one-off 0.37

0.38 0.01

One-offs (0.07)
(0.07)

Reported EBIT* 0.30

0.31 0.01

Airbus
thereof: Airbus Commercial Airbus Military

Eurocopter Astrium Cassidian Other Businesses HQ & eliminations

0.28 0.17 0.17 0.01 0.08

(0.12)

0.16 0.17 0.17

0.01

0.02 0.08

EADS
EADS 9m 2011 earnings

1.07
* Pre-goodwill impairment and exceptionals

(0.18)

0.89

9m 2010 EBIT* Before One-off

EADS Group 0.83
2.6%

22

AIRBUS
Comm.

AIRBUS
Military

in bn

AIRBUS Division 0.28

1.3%

EBIT* before one-off 2010

% Revenues

0.28
1.4%

(0.01)

One-off impacts:
Airbus Commercial
$ PDP mismatch and balance sheet revaluation Currency effect from revaluation of LMC provisions A380, A350 ($ and ) Other one-off

0.05
(0.01) 0.03 0.03

Airbus Military
A400M

(0.03) (0.07)

Eurcopter
One-time effects include a charge and margin adjustment for NH90, restructuring and KUH technical milestone recognition

EBIT* reported

0.78

EADS 9m 2011 earnings

*Pre-goodwill impairment and exceptionals

Net Income Before One-off

in m 9m 2011 Net Income reported One-offs in EBIT* One-offs Financial Result Tax effect on one-offs (incl. tax one-offs) Net Income before one-off EPS before one-off 1 421 (180) 25 11 565 0.70 9m 2010 198 (50) (102) 46 304 0.37

23

Net Income before one-off excludes the following items:

One-offs impacting the EBIT* line (as reported in the EBIT* before one-off) The Other Financial Result, except the unwinding of discount on provisions The positive one-off in the interest result due to the termination of the A340 Programme of +120 m Tax one-off of -35 m

The tax effect is calculated at 30%

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals 1 Average number of shares outstanding: 811,713,726 in 9m 2011; 810,745,035 in 9m 2010

9m 2011 Financial Highlights

24

9m 2011 in % of Revenues m Revenues self-financed R&D** EBITDA* EBIT* EBIT* before R&D Net income EPS*** Net Cash position at the end of the period Free Cash Flow 32,687 2,151 2,025 885 3,036 421 0.52 11,399 155

9m 2010 in % of Revenues m 31,554 2,038 1,900 784 2,822 198 0.24 10,326 791

6.6% 6.2% 2.7% 9.3% 1.3%

6.5% 6.0% 2.5% 9.0% 0.6%

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals ** IAS 38: 60 m capitalised during 9m 2011; 76 m capitalised during 9m 2010 *** Average number of shares outstanding: 811,713,726 in 9m 2011; 810,745,035 in 9m 2010

Shareholding structure

25

Contractual Partnership
SOGEADE Lagardre & French State SEPI Daimler

Free float
incl. Minor direct holdings: French State: 0.06% Treasury shares 0.44%

22.36%

5.44% 50.16%

22.36%* 49.84%

as at 30 September 2011

EADS 9m 2011 earnings

On 9 February 2007, Daimler reached an agreement with a consortium of private and public-sector investors by which it effectively reduced its shareholding in EADS by 7.5%, while retaining its voting rights over the entire 22.5% package of EADS shares at the time of the transaction.

Expected EADS Average Hedge Rates vs. $

26

Average hedge rates vs. $

1.45

1.40

1.37
1.35

1.37

1.38

1.38 1.38 1.37 1.35

1.35
1.30

1.36

1.32

1.25

1.20

1.15 Q1 Q2 Q3 Q4 FY

2010
EADS 9m 2011 earnings

Average FY 2010

2011e

Average FY 2011e

Airbus Customer Financing

27

Active exposure management

$ bn
2.5 1.5 0.5 -0.5 -1.5 -2.5 -3.5

Additions and Disposals to Airbus customer financing gross exposure

Net Exposure fully provisioned

Amortisation
0.6 (0.2) (0.1)

Additions
1.4 0.6 (0.9) (2.9) (0.1) 0.5 (0.7) (0.2) 1.5 1.5 (0.7) (0.2) (0.2) (0.3) 1.0 (1.0) (0.3)

Sell Down
0.9 (1.3) 0.8 (1.1) (0.1) 0.3 (0.2) (0.1)

0.4 (2.2)

0.8 (0.7) (0.2)

0.3
(0.5)

Gross Exposure 1 bn

(0.1)

Net Exposure 0.4 bn

(0.2) (0.2) 2005

3.8

Net change
(0.2) 1999
4.3

Estimated Collateral ($ 1.4 bn) 0.6 bn

2008
1.5

2000
3.9

2001
3.1

2002
3.8

2003
4.8

2004
4.6

2006
1.8

2007
1.5

2009
1.8

2010
1.7

Sep-11
1.4

30 September 2011

Gross exposure in $ bn

EADS 9m 2011 earnings

Customer Financing Exposure

28

100% AIRBUS in m Closing rate 1 = Total Gross exposure

of which off-balance sheet

50% ATR

100% EC

Sept. 2011 $ 1.35 1,008

266

Dec. 2010 Sept. 2011 Dec. 2010 Sept. 2011 Dec. 2010 $ 1.34 1,266
333

84
43

115
46

88
44

89
48

Estimated value of collateral Net exposure Provision and asset impairment Net exposure after provision

(563) 445 (445) 0

(759) 507 (507) 0

(75) 9 (9) 0

(105) 10 (10) 0

(57) 31 (31) 0

(62) 27 (27) 0

EADS 9m 2011 earnings

Q3 2011 Key figures

in bn Revenues EBIT* FCF before customer financing** New orders Revenues in m Airbus Eurocopter Astrium Cassidian HQ & Others
of which Other businesses of which HQ & eliminations

29

Q3 2011 10.8 0.3 0.3 35.8

Q3 2010 11.2 0.4 1.4 27.0 EBIT*

Q3 2011 7,099 1,287 1,093 1,286 (14)

309 (323)

Q3 2010 7,887 976 1,116 1,287 (20)

251 (271)

Q3 2011 93 63 62 81 23
8 15

Q3 2010 192 50 52 94 (10)

(6) (4)

Total EADS

10,751

11,246

322

378

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals ** Excluding change in securities

EBIT* Calculation

30

in m EBIT* Exceptionals: Disposal of Goodwill Fair value depreciation Profit before finance cost and income taxes

9m 2011 885 (22) (30) 833

9m 2010 784 0 (33) 751

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals

Net Cash Position

31

in m

Sept. 2011

Dec. 2010

Gross cash Financing Debts Short-term Financing Debts Long-term Financing Debts Reported Net cash Airbus non-recourse debt Net cash excl. non-recourse

16,115

16,196

(1,184) (3,532) 11,399 481 11,880

(1,408) (2,870) 11,918 532 12,450

EADS 9m 2011 earnings

EADS: Strong Liquidity Position as at 30 September 2011

32

3.0 bn Credit Facility 4.7 bn Financing Liabilities

(incl. 1.5 bn liabilities of EMTN)

Maturity 2016*, undrawn Fully committed by 39 banks No financial covenants No MAC clause EMTN progamme Long term rating : Moodys: A1 S & P: A

16.1 bn Total Gross Cash

Invested in highly rated securities

11.4 bn Net Cash

*the facility provides for two 1-year extension options at the choice of the lender
EADS 9m 2011 earnings

Balance Sheet Highlights: Assets

33

in m

Sept. 2011 42,467

11,577 13,505 4,962 595 6,280

Dec. 2010 41,197

11,299 13,427 4,837 602 5,332

Non-current Assets
of which Intangible & Goodwill of which Property, plant & equipment of which Investments & Financial assets of which positive hedge mark-to-market of which Non-current securities

Current Assets
of which Inventory of which Cash of which Current securities of which positive hedge mark-to-market

45,531
24,166 5,117 4,718 625

41,990
20,862 5,030 5,834 364

Total Assets
Closing rate /$

87,998
1.35

83,187
1.34

EADS 9m 2011 earnings

Balance Sheet Highlights: Liabilities

34

in m

Sept. 2011 Total Equity

of which OCI (Other Comprehensive Income) of which Non-controlling interests

Dec. 2010 8,936

446 95

9,230 787
29

Total Non-current liabilities

of which pensions of which other provisions of which financing debts of which European governments refundable advances of which Customer advances of which negative hedge mark-to-market

31,326
5,252 3,175 3,532 5,740 9,241 1,878

30,481
5,037 3,176 2,870 5,968 8,817 2,109

Total Current liabilities

of which pensions of which other provisions of which financing debts of which European gvts refundable advances of which Customer advances of which negative hedge mark-to-market

47,442
153 5,709 1,184 128 26,203 675

43,770
184 5,582 1,408 52 23,285 821

Total Liabilities and Equity

87,998

83,187

EADS 9m 2011 earnings

Quarterly Revenues Breakdown (cumulative)

35

in m

Q1

H1

9m

FY

2011 Airbus Division

Thereof Airbus Comm.* Thereof Airbus Military

2010 6,264
5,989 384

2011 15,312
14,464 1,112

2010 13,853
12,965 1,007

2011 22,411
21,120 1,747

2010 21,740
20,446 1,540

2011
... ...

2010 29,978
27,673 2,684

7,013
6,707 434

Eurocopter Astrium Cassidian HQ & others

of which other BUs of which HQ & elim.

823 1,171 878 (31)

246 (277)

798 924 928 36

246 (210)

2,171 2,347 2,133 (27)

524 (551)

2,109 2,110 2,183 53

554 (501)

3,458 3,440 3,419 (41)

833 (874)

3,085 3,226 3,470 33

805 (772)

... ... ... ...

...

4,830 5,003 5,933 8

1,182 (1,174)

Total EADS

9,854

8,950

21,936

20,308

32,687

31,554

45,752

EADS 9m 2011 earnings

* Airbus Commercial includes EFW and excludes A400M

Quarterly EBIT* Breakdown (cumulative)

36

in m

Q1

H1

9m

FY

2011 Airbus Division

Thereof Airbus Comm.** Thereof Airbus Military

2010 7
6 1

2011 202
223 3

2010 104
241 (161)

2011 295
306 5

2010 296
328 (35)

2011

2010 305
291 21

115
125 1

Eurocopter Astrium Cassidian HQ & others

of which other BUs of which HQ & elim.

31 52 8 (14)
(3) (11)

26 41 21 (12)
(1) (11)

94 103 89 75
12 63

71 106 110 15
0 15

157 165 170 98

20 78

121 158 204 5

(6) 11

183 283 457 3

25 (22)

Total EADS

192

83

563

406

885

784

1,231

EADS 9m 2011 earnings

* Pre-goodwill impairment and exceptionals ** Airbus Commercial incl. EFW and excludes A400M

Quarterly Order intake Breakdown (cumulative)

37

in m

Q1

H1

9m

FY

2011 Airbus Division

Thereof Airbus Comm.* Thereof Airbus Military

2010 11,158
11,035 146

2011 52,394
52,086 319

2010 24,542
24,302 285

2011 85,485
85,421 408

2010 47,949
47,384 626

2011

2010 68,223
68,210 152

3,748
3,647 105

Eurocopter Astrium Cassidian HQ & others

of which other BUs of which HQ & elim.

779 781 821 139

394 (255)

1,057 1,234 964 (31)

199 (230)

1,736 1,701 1,825 443

988 (545)

1,785 2,667 1,856 (82)

372 (454)

2,760 2,328 2,604 730

1,623 (893)

3,050 3,803 2,581 339

1,008 (669)

4,316 6,037 4,312 259

1,668 (1,409)

Total EADS

6,268

14,382

58,099

30,768

93,907

57,722

83,147

EADS 9m 2011 earnings

* Airbus Commercial includes EFW and excludes A400M

Quarterly Order book Breakdown (cumulative)

38

in m

Q1

H1

9m

FY

2011 Airbus Division 374,891

Thereof Airbus Comm.* Thereof Airbus Military 353,574 22,487

2010 366,051
346,182 21,155

2011 407,094
386,101 22,061

2010 405,027
385,677 20,773

2011 456,788
436,427 21,672

2010 377,325
358,110 20,586

2011

2010 400,400
378,907 22,819

Eurocopter Astrium Cassidian HQ & others

of which other BUs of which HQ & elim.

14,506 15,282 16,721 962

2,566 (1,604)

15,324 14,961 18,864 592

1,990 (1,398)

14,116 14,967 16,457 1,200

2,840 (1,640)

14,740 15,524 18,548 659

2,007 (1,348)

13,852 14,687 16,144 1,500

3,196 (1,696)

15,029 15,300 17,763 933

2,228 (1,295)

14,550 15,760 16,903 880

2,519 (1,639)

Total EADS

422,362

415,792

453,834

454,498

502,971

426,350

448,493

EADS 9m 2011 earnings

* Airbus Commercial includes EFW and excludes A400M