Consolidated statement of changes in equity

Consolidated statement of comprehensive income

<h1>Consolidated statement of financial position</h1>

Assets

Equity and Liabilities

 Konzernbilanz

Consolidated statement of financial position

An international organization, headquartered in Montreal, which represents airport operators. Around 1,950 airports in almost all of the countries in the world are ACI members, including more than 500 airports in 55 European countries.

Airports Council International (ACI)

The umbrella organization of all passenger airports in Germany, Switzerland, and Austria. The organization works to promote Germany as a strong and competitive center of aviation.

German Airports Association (ADV)

The European Aviation Safety Agency is the European Union's flight safety body for civil aviation, and is based in Cologne.

European Aviation Safety Agency (EASA)

The variable PM10 (particulate matter &lt; 10 μm) describes the proportion of particulate matter with a particle diameter of up to 10 μm. As a subset of PM10, PM2.5 contains even smaller particles.

Particulate matter

An independent institution based in Amsterdam that publishes globally recognized guidelines on sustainability reporting. The GRI standards create a shared language for organizations and stakeholders that can be used to communicate and understand the economic, environmental, and social impacts of organizations. Its aim is to establish a common baseline for communication and to ensure the comparability of sustainability reports. GRI celebrated its 25th anniversary in September 2022.

Global Reporting Initiative (GRI)

Globally recognized instrument used to quantify and manage greenhouse gas emissions. The GHG Protocol defines requirements governing the calculation of greenhouse gas emissions on an organization-wide scale and the implementation of projects to reduce emissions.

Greenhouse Gas Protocol (GHG Protocol)

In addition to their two or four main engines, today’s commercial aircraft have a smaller auxiliary power unit. The APU is used to start the main engines and to generate electrical power when the plane is on the ground.

Auxiliary turbine or Auxiliary Power Unit (APU)

Headquartered in Montreal, the International Civil Aviation Organization is an agency of the United Nations. It has a total of 193 contracting states. &nbsp;The goal of the ICAO and its members is to ensure the safe and sustainable development of civil aviation.

International Civil Aviation Organization (ICAO)

The landing and take-off cycle refers to aircraft CO₂ emissions on the ground and during take-off and landing below 3,000&nbsp;feet (914&nbsp;meters). Up to this internationally defined height, any greenhouse gases associated with aircraft turbines are attributed to the airports concerned and distances from the airport of about 8&nbsp;kilometers in the case of departing aircraft, depending on the climbout, and 17&nbsp;kilometers in the case of arriving aircraft.

Landing and take-off cycle (LTO cycle)

A measurement unit used to track all commercial passenger and cargo traffic. One TU is equivalent to one passenger arriving at or departing from an airport with hand luggage (a total of 100&nbsp;kilograms) or 100&nbsp;kilograms of airfreight or airmail turned over or a combination of passenger volumes (arrivals and departures) and the local airfreight and airmail volumes (unloaded and loaded).

	Disclosure	As of Dec. 31, 2023	As of Dec. 31, 2022
Intangible assets	VII.1	14,567	11,717
Property, plant, and equipment	VII.2	4,975,302	4,983,574
Investment property	VII.3	206,434	198,774
Investments in companies accounted for using the equity method	VII.4	2,789	1,502
Receivables	VII.5	1,346	5,009
Contract assets	VII.23	42,642	47,962
Other financial assets		857	2,560
Deferred tax assets	VII.6	21,715	5,211
Other assets	VII.9	6,887	7,729
Non-current assets		5,272,539	5,264,038
Inventories	VII.7	30,420	24,848
Receivables	VII.8	125,628	88,986
Contract assets	VII.23	9,939	7,801
Other financial assets	VII.8	878	0
Current income tax assets		1,105	973
Other assets	VII.9	25,407	26,597
Short-term deposits	VII.10	201,442	31,983
Cash and cash equivalents	VII.10	11,201	30,811
Current assets		406,020	211,999
Assets held for sale	VII.11	1,037	1,037
Assets		5,679,596	5,477,074

	Disclosure	As of Dec. 31, 2023	As of Dec. 31, 2022
Subscribed capital	VII.12	306,776	306,776
Reserves	VII.12	131,610	113,819
Other equity	VII.12	1,348,273	1,345,057
Non-controlling interests		20	20
Equity		1,786,679	1,765,672
Financial liabilities from interests in partnerships	VII.14	398,780	382,357
Liabilities	VII.15	12,984	11,552
Other financial liabilities	VII.15	1,810,960	1,786,848
Employee benefits	VII.17	67,140	68,437
Other provisions	VII.18	74,435	69,383
Deferred tax liabilities	VII.6	260,147	234,766
Other liabilities	VII.20	11,784	13,048
Non-current liabilities		2,237,450	2,184,034
Liabilities	VII.19	185,046	167,770
Contract liabilities	VII.23	14,181	5,598
Other financial liabilities	VII.19	988,142	915,465
Employee benefits	VII.17	36,681	29,671
Other provisions	VII.18	10,457	11,618
Current income tax liabilities		7,257	1,707
Other liabilities	VII.20	14,923	13,182
Current liabilities		1,256,687	1,145,011
Equity and Liabilities		5,679,596	5,477,074

Munich Airport

Integrated Report 2023

Consolidated statement of financial position

Assets

Equity and Liabilities