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	Dec. 31, 2022	Dec. 31, 2021
Intangible assets	VII.1	11,717	15,605
Property, plant, and equipment	VII.2	4,983,574	5,124,510
Investment property	VII.3	198,774	144,974
Investments in companies accounted for using the equity method	VII.4	1,502	1,708
Receivables	VII.5	5,009	5,051
Contract assets	VII.23	47,962	15,176
Other financial assets		2,560	290
Deferred tax assets	VII.6	5,211	15,794
Other assets	VII.9	7,729	5,554
Non-current assets		5,264,038	5,328,662
Inventories	VII.7	24,848	22,518
Receivables	VII.8	88,986	57,334
Contract assets	VII.23	7,801	10,930
Other financial assets	VII.8	0	134
Current income tax assets		973	1,088
Other assets	VII.9	26,597	19,263
Short-term deposits	VII.10	31,983	34,984
Cash and cash equivalents	VII.10	30,811	16,963
Current assets		211,999	163,214
Assets held for sale	VII.11	1,037	1,269
Assets		5,477,074	5,493,145

	Disclosure	Dec. 31, 2022	Dec. 31, 2021
Subscribed capital	VII.12	306,776	306,776
Reserves	VII.12	113,819	90,083
Other equity	VII.12	1,345,057	1,418,253
Non-controlling interests		20	20
Equity		1,765,672	1,815,132
Financial liabilities from interests in partnerships	VII.14	382,357	348,177
Liabilities	VII.15	11,552	17,192
Other financial liabilities	VII.15	1,786,848	1,949,988
Employee benefits	VII.17	68,437	82,923
Other provisions	VII.18	69,383	91,999
Deferred tax liabilities	VII.6	234,766	250,516
Other liabilities	VII.20	13,048	13,658
Non-current liabilities		2,184,034	2,406,276
Liabilities	VII.19	167,770	145,006
Contract liabilities	VII.23	5,598	2,376
Other financial liabilities	VII.19	915,465	699,495
Employee benefits	VII.17	29,671	44,351
Other provisions	VII.18	11,618	12,409
Current income tax liabilities		1,707	5,187
Other liabilities	VII.20	13,182	14,736
Current liabilities		1,145,011	923,560
Equity and Liabilities		5,477,074	5,493,145

Munich Airport

Integrated Report 2022

Consolidated statement of financial position

Assets

Equity and Liabilities