AT A
GLANCE

Contents

VI

X

XII

XIV

XVI

XVII

XVIII

XX

III

EADS Group

VI

AirbusX

Eurocopter

XII

Astrium

XIV

Cassidian

XVI

Other Businesses

XVII People

XVIII EADS SharesXX	Management Structure

EADS ANNUAL REport 2012

AT A GLANCEEADS Group
in 2012

EADS is a global leader in aerospace,defence and related services.
In 2012, the Group – comprising
Airbus, Astrium, Cassidian andEurocopter – generated revenues of€ 56.5 billion and EBIT* of € 2.2 billion.

Continued growth

2012

2011

2010

56,48049,12845,752EADS Group

Revenues€m

Self-financed R&D

€m

3,142

3,152

2,939

EBIT*

€m

2,186

1,696

1,231

€m

1,228

1,033

553

Net Income(1)

Earnings per share

€

1.50

1.27

0.68

Dividend per share€

0.60(2)

0.45

0.22

Net cash position€m

12,292

11,681

11,918Order intake(3)€m

102,471

131,027

83,147

Order book(3)€m

566,493

540,978

448,493

140,405

133,115

121,691(1)

EmployeesIII2012 Results

Revenues

EADS achieved strong revenue and underlying profit growth
for the full year 2012, despite a difficult macro-economic
environment.

Group revenues increased by 15% to € 56.5 billion, driven
mainly by higher volume and more favourable U.S. dollar
rates at Airbus Commercial as well as solid increases
at Eurocopter and Astrium.

GLOBAL SALES
europeAsia/PacificNorth america

Middle east

rest of the world

37%

32%

14%

10%

7%(4)

(4)

2012

€m
Revenues
Order book

(3)

(4)

2012

€m

21,006

Revenues

125,645

Order book

(3)

(4)

€m

18,344

Revenues

200,033

Order book

(3)

(4)

2012

€m

7,681

Revenues

91,052

Order book

(3)

2012

€m

5,413

Revenues

95,429Order book

* Unless otherwise indicated, EBIT* figures presented in this report are Earnings Before Interest and Taxes, pre-goodwill impairment and exceptionals.
1) EADS continues to use the term Net Income. It is identical with Profit for theperiod attributable to equity owners of the parent as defined by IFRS Rules.

3) Contributions from commercial aircraft activities to EADS Order intake
and Order book based on list prices.			

2) To be proposed to the EADS Annual General Meeting 2013.

4) Of Group revenues.

2012
4,036
(3)

54,334

EADS ANNUAL REPORT 2012

AT A GLANCE— EADS Group

Airbus achieved a record number ofcommercial aircraft deliveries in 2012,
while Eurocopter, Astrium and Cassidian
saw increased order intake.
1)

A380
2012

2011

ChangeRevenues

38,592

33,103+17%

Self-financed R&D

2,442

2,482

-2%

EBIT*

1,230

584

+111%

Order intake(2)88,142

117,874-25%

Order book523,410495,513

+6%

(€m)

(2)

Airbus Division’s revenues increased by 17% to € 38.6 billion.
Airbus consolidated EBIT* more than doubled to € 1.2 billion,
thanks to improved operational performance.

IV

By number ofcommercial aircraft

2012

2011

ChangeDeliveries

588

534

+10%

Order book

4,682

4,437

+6%

Airbus Commercial revenues increased to € 36.9 billion, driven
by record deliveries, including 30 A380s. With net orders in 2012of 833 aircraft, the order book increased to 4,682 aircraft.

By number ofmilitary aircraft

2012

2011

ChangeDeliveries

29

29

0%

Order book

220

217

+1%

Airbus Military revenues decreased by 15% due to lower A400M
and tanker revenues. Total deliveries were in line with the previous
year at 29 aircraft, while 32 aircraft orders were booked.

(€m)

2012

2011

Revenues

6,264

5,415

+16%

297

235

+26%

Self-financed R&D

Change

311

259

+20%

Order intake

5,392

4,679

+15%

Order book

12,942

13,814-6%

EBIT*

EUROCOPTER revenues increased 16% to a record € 6.3 billion,
driven mainly by higher repair and overhaul support activities
and the Vector Aerospace business consolidation. EBIT* rose
20% to € 311 million.

1) The reportable Segments Airbus Commercial and Airbus Military form the Airbus
Division. Eliminations are treated at the Division level.
2) Contributions from commercial aircraft activities to EADS Order intake and Orderbook based on list prices.

EC175 (foreground) & EC225 (background)EADS ANNUAL REPORT 2012

AT A GLANCE—EADS Group

Please refer to www.eads.com for further information

Ariane 5
(€m)

2012

2011

Revenues

5,817

4,964

+17%

128

109

+17%

Self-financed R&D

Change

312

267

+17%

Order intake

3,761

3,514

+7%

Order book

12,734

14,666

-13%

EBIT*

Astrium revenues rose 17% to € 5.8 billion, mainly due togrowth in services and strong programme execution. EBIT*
increased 17% to € 312 million, thanks to an improved operational
performance.

(€m)

2012

2011

Revenues

5,740

5,803

-1%

234

275

-15%

Self-financed R&D

Change

142

331

-57%

Order intake

5,040

4,168

+21%

Order book

15,611

15,469+1%

EBIT*

CASSIDIAN generated revenues which were broadly in line withthe previous year’s at € 5.7 billion. EBIT* fell to € 142 million, with€ 198 million of charges booked for restructuring and portfoliode-risking.
Eurofighter

Other businesses 3)
(€m)

2012

2011

Revenues

1,524

1,252

+22%

12

10

+20%

Self-financed R&D

Change

49

59

-17%

Order intake

1,549

2,025

-24%

Order book

2,908

2,983

-3%

EBIT*

Revenues of OTHER BUSINESSES increased 22% to € 1.5 billion,
driven by volume increases at EADS North America and higher
ATR deliveries. Due to a less favourable revenue mix, EBIT*
decreased to € 49 million.

ATR 42-500

3) Other Businesses is not a stand-alone EADS Division.
		*U nless otherwise indicated, EBIT* figures presented in this report are Earnings Before
Interest and Taxes, pre-goodwill impairment and exceptionals.

VEADS ANNUAL REPORT 2012

AT A GLANCE— Airbus

airbus commercial

VI

Airbus Commercial is a market leader
in the sector for civil aircraft seating
100 or more passengers. It offers airlines
a highly competitive range of advanced,
fuel-efficient aircraft.

A320 Family

A380

Airbus’ family of single-aisle aircraft, based on the A320, includes
the A318, A319 and A321 derivatives. With over 5,200 aircraft inservice and an order backlog of 3,629 aircraft at the end of 2012,
the A320 Family has proved extremely popular with airlines,
offering high standards of comfort and economic performanceon short- and medium-haul routes. In 2012, the A320 single-aisle
Family won 783 gross orders, and the new eco-efficient A320neo(New Engine Option) remains the fastest-selling commercial jet
ever. The A320neo’s combination of the latest engine technology
and ‘Sharklet’ wing tips will deliver fuel savings of up to 15%.
Entry into service is planned for 2015.

The twin-deck A380 is the most spacious and efficient large
aircraft in service today. Now in its sixth year of commercial
service, the baseline aircraft has 525 seats and offers
passengers an unrivalled level of comfort while giving airlines
superior economic performance, lower fuel consumption, lessnoise and reduced emissions. Over the course of the year,
Airbus delivered 30 A380 aircraft to customers. By the end of
2012, 97 aircraft had entered service with nine airlines and had
performed approximately 80,000 revenue flights. The orderbacklog amounted to 165 aircraft.

A330 Family
The A330 Family has the versatility to fly either regional or longrange routes, making it ideal for point-to-point operations.
Coming in five variants – the A330-200, A330-300, A330-200F,
ACJ330 and A330 MRTT – the A330 is designed to generate
maximum revenue and to reduce operating costs on regionalroutes. Airbus launched an upgraded variant with increased
take-off weight capability in 2012. The A330 won 80 gross orders
in the year 2012, demonstrating its continuing competitiveness.
At the end of 2012, the backlog stood at 306 aircraft.

2012 in review

08 July
AIRBUS STARTS MAKING
THE A320neo
Airbus begins machining the
A320neo’s first engine pylon
component in Toulouse,
A350 XWBThe A350 XWB (Extra Wide Body) Family is an all new family starting production of theof mid-sized wide-body aircraft, designed to accommodate world’s fastest-selling airliner,
between 270 and 350 passengers (three-class layout). The ahead of entry into service
A350 XWB features A380 technology, a wider fuselage than from late 2015.
competing new-generation aircraft, and a greater use ofcomposite material to help airlines cut fuel costs and emissions. 27 September
The wide fuselage will give passengers greater comfort on long THAI TAKES DELIVERY
journeys. Launched in 2006, the aircraft progressed towards OF ITS FIRST A380
series production in 2012. By the end of 2012, Airbus had Thai Airways Internationaltakes delivery of its first A380
received a total of 582 firm orders.
from a total of six, becoming
the ninth airline to operate theworld’s largest and most ecoefficient airliner.

23 October
AIRBUS UNVEILS A350 XWB
FINAL ASSEMBLY LINE
French Prime Minister,Jean-Marc Ayrault, andAirbus CEO, Fabrice Brégier,inaugurate the 74,000
square metre A350 XWB
Final Assembly Line (FAL) in
Toulouse, France, that will
employ 1,500 people.
21 December
AIRASIA RECEIVES FIRST
A320 WITH SHARKLETSAirAsia becomes the first
operator of an A320 equippedwith Sharklets, the wing-tip
devices designed to reduce fuelburn by up to 4%, with commensurate emissions reductions.

EADS ANNUAL REPORT 2012

AT A GLANCE— Airbus

A380

a350 FAL Inauguration

A320

A330

EADS ANNUAL REPORT 2012

airbus military

AT A GLANCE— Airbus

Airbus Military is responsible for theEuropean heavy military transport A400M
programme, and produces and sells special
mission aircraft derived from existing aircraft
platforms. It is a global leader for light andmedium-sized military transport aircraft.

A330 MRTTC295

The A330 Multi-Role Tanker Transport (MRTT) is the world’s
most advanced air-to-air refuelling aircraft. Its huge fuel capacity
means that no auxiliary tanks are needed to give an air-to-air
refuelling performance that far exceeds its nearest competitors.
The entire cargo bay is available for freight. The A330 MRTT canalso be used as a pure transport aircraft able to carry up to 380
passengers or a payload of up to 45 tonnes. In 2012, Airbus
Military delivered a total of five MRTTs. The UK’s MRTT, known
as the “Voyager”, performed its first flight for the Royal Air Force.

The C295 has a basic configuration similar to the CN235, witha stretched cabin to airlift a 50% heavier payload at a greater
speed over longer distances. The C295 has logged more than
100,000 flight hours in all kinds of environments: from Arctic
areas to deserts. As of year’s end 2012, more than 95 C295s
had been delivered.

A400M

VIII

Airbus Military’s A400M airlifter is a cost-effective, high-speed
turboprop aircraft specifically designed to meet the needs ofNATO nations and other international air forces, for a moderntransporter that harnesses the latest aircraft technology.
Powered by four modern turboprop engines, the A400M iscapable of cruising speeds of up to Mach 0.72 and altitudes of
up to 37,000 feet. The A400M is designed for operations fromunpaved runways, enabling it to deliver large payloads to tacticalforward bases or to evacuate a full complement of refugees orcasualties from remote areas.
Additionally, the A400M is fully equipped to perform air-to-air
refuelling, and can serve as a receiver aircraft to take on fuelwhile in flight, further extending its operating range. The aircraft
passed key milestones on the road to first delivery in 2012, andhad accumulated 4,500 flight hours by the year-end. The firstdelivery is due to be made in the second quarter of 2013. The
current order book comprises 174 aircraft.
CN235
The CN235 is a twin-engine turboprop transport aircraft. The
latest variant, the CN235-300, can transport a payload of up to
6 tonnes, accommodating 36 paratroopers, 18 stretchers plus
three medical attendants or over-sized loads such as aircraft
engines or helicopter blades. Variants of the CN235 are used for
missions such as maritime patrol or pollution control. Including
all variants, more than 270 CN235s had been delivered as of
year’s end 2012.

2012 in review
16 November
FIRST THREE A400M
AIRLIFTERS TAKE SHAPE
The initial three A400M newgeneration airlifters take shapeat the Final Assembly Linein Seville, Spain, aheadof delivery to France andTurkey in 2013.
03 December
FINAL AUSTRALIANTANKER DELIVERED
Airbus Military formallydelivers the Royal Australian
Air Force’s fifth and final
new-generation A330 MRTT
Multi-Role Tanker Transport,
the world’s most advanced
air-to-air tanker.

10 December
A400M COMPLETESCRITICAL FLIGHT TESTSThe A400M completes
300 hours of ‘function andreliability’ flight testing in just32 days, preparing the way for
full type certification and firstdelivery in 2013.

EADS ANNUAL REPORT 2012

AT A GLANCE— Airbus

A400M

C295

A330 MRTTEADS ANNUAL REPORT 2012

AT A GLANCE— eurocopter

Eurocopter is a global leader in the civil
and military helicopter market, offering
one of the most extensive and modern
ranges of helicopters and related services.
Overall, the Division’s products account for
33% of the total world civil and parapublic
helicopter fleet.

EC225/EC725

EC175

The EC225/EC725 is a high-performance twin-engine helicopter
in the 10-11 tonnes category. It seats up to 19 passengers, withthe latest technologies that make it a leader in the field of flightsafety. The EC225 is recognised as the reference for offshore
and passenger transport missions, as well as search and rescue
operations. Its military twin, the EC725, is in service with the
French Army and Air Force. In 2012, Eurocopter’s Brazilian
subsidiary, Helibras, inaugurated a major new assembly centre
for the helicopter.

A joint development and production programme between
Eurocopter and AVIC II Corporation of China, the EC175 is amulti-role civil helicopter in the 7-tonne category. The EC175 cancarry 16 passengers with a range-of-action of 135 nautical miles
when configured for offshore oil and gas missions, outperforming
any medium-lift helicopter on the market. For longer-range
missions, the EC175 can carry 12 passengers up to 190 nautical
miles. In addition, Eurocopter has launched the developmentof an 18-passenger configuration option for a radius-of-actionof 100 nautical miles. The first production EC175 performed its
maiden flight in 2012.

NH90

X

Designed for modern multi-mission capabilities and costeffectiveness throughout its lifecycle, the NH90 has beendeveloped as a multi-role helicopter for both tactical transport(TTH) and naval (NFH) applications. The programme is a codevelopment with AgustaWestland and Fokker Aerostructures
within NATO Helicopter Industries (NHI). Eurocopter’s share of
NHI is 62.5%. As of the end of 2012, the NH90 programme hadreceived 529 firm orders from 14 nations and 135 NH90s had
been delivered to 13 countries.

2012 in review

12 February
EUROCOPTER UNVEILS
Tiger
THE EC130 T2
The Tiger is a medium-weight, air-to-air combat and fire-support The EC130 T2 lightweighthelicopter, with twin engines. It includes four variants, which have single-engine helicopter isbeen ordered by France, Germany, Spain and Australia. The revealed, featuring optimised
Tiger has been deployed in Afghanistan by the French Armed performance, comfort andForces since 2009, with three helicopters permanently on site. mission diversity. Seven
The German government’s first batch of four Tiger helicopters, launch customers order
optimised for conditions in Afghanistan, were delivered in 2012. 105 helicopters.
As of the end of 2012, a total of 96 Tiger helicopters had beendelivered to the four customer countries.
10 September
EC145 T2
The EC145 T2 is the newest light twin-engine, multi-purpose
helicopter in the Eurocopter product range, evolved fromthe popular EC145. It combines Eurocopter’s breakthroughtechnologies, such as advanced cockpit design, modern
avionics, optimised autopilot and the fenestron tail rotor.
With deliveries scheduled to begin in 2013, the aircraft canaccommodate up to 12 seats and can be configured for either
one or two pilots.

SPOTLIGHT ONINNOVATION AT BERLIN
Eurocopter showcases its
technological leadershipat the ILA Berlin Airshow,presenting its latest civil andmilitary helicopters, including
the X3 high-speed, hybrid
demonstrator.

12 September
FOUR GERMAN TIGERS
DEPLOY TO AFGHANISTAN
Delivery of the first four
helicopters upgraded for
deployment in Afghanistan
puts the German Army inpossession of a complete
batch of Tigers with sandfilters and additional defence
weaponry.

EADS ANNUAL REPORT 2012

AT A GLANCE— Eurocopter

EC175

Tiger

EC725

EADS ANNUAL REPORT 2012

AT A GLANCE— Astrium

Astrium is the third largest space systems
manufacturing company in the world andthe leading supplier in Europe. It designs,
develops and manufactures satellites, orbital
infrastructures and launcher systems, andprovides space services.

XII

Ariane 5

Eurostar 3000

Ariane 5 is a heavy-lift satellite launcher, with a maximum
payload of over 10 tonnes. Since becoming operational in2005, it has proved reliable and flexible, with 53 consecutive
successful launches up to the end of 2012. Astrium is the soleprime contractor for the Ariane 5 system and is the largest
industrial shareholder in Arianespace, which markets and sells
the Ariane 5 worldwide and carries out launches from the Guiana
Space Centre in Kourou, French Guiana. Astrium is prime
contractor for future developments on Ariane 5, including thedevelopment of the Ariane 5 ME (Midlife Evolution) launcher andthe definition study of the Ariane 6.

Astrium Satellites produces telecommunication satellites
which have multiple applications, such as long-distance andmobile telephone links, television and radio broadcasting, datatransmission, multimedia and internet trunking. They may be
used for civil or military applications. Astrium’s geostationary
telecommunication satellites are based on the Eurostar
Family platforms (69 ordered by the end of 2012), the latest
version of which is Eurostar 3000. Astrium launched four
telecommunications satellites in 2012.

ATV
Astrium is the prime contractor for the development andconstruction of the Automated Transfer Vehicle (ATV) cargo
carrier, designed to carry fuel and supplies to the International
Space Station (ISS), and to provide re-boost capacity and awaste disposal solution. The first ATV “Jules Verne” was launchedin 2008 and the second ATV “Johannes Kepler” was launchedfrom Kourou, French Guiana, in February 2011. The third ATV“Edoardo Amaldi” was launched and successfully docked with
the ISS in March 2012.
Services
Astrium offers innovative, tailored solutions in the fields of securecommunications, Earth observation and navigation services.
In 2012, the Vizada business, acquired the previous year, wasconsolidated into Astrium Services, creating a new business line
for commercial satellite communication services and enhancing
the global presence in the government business.

2012 in review
03 October‘EDOARDO AMALDI’MISSION ACCOMPLISHED
Europe’s supply vehicle for theInternational Space Station,
built by Astrium, burns up asplanned during re-entry to
the Earth’s atmosphere, after
delivering vital equipment.
21 November
EUROPEAN SPACEBUDGET SECURESLAUNCHER FUNDSThe European Space Agency
votes for a € 10 billion
budget from 2013 to 2017,confirming future funding for
further development of the
Ariane 5 ME satellite launcher
and definition of Ariane 6.

29 November
NASA COMMISSIONS TWORESEARCH SATELLITESNASA commissions Astrium
to build two new Gravity
Recovery And Climate
Experiment (GRACE) researchsatellites, adding to its twoearlier Astrium GRACE
satellites.
19 December
ARIANE 5 LAUNCHESUK’S SKYNET 5D
MILITARY SATELLITE
Ariane 5 launches theSkynet 5D military satellite
from Kourou, French Guiana.
Astrium also made the satellite
for the UK Ministry of Defence
Skynet 5 programme, andoperates the programme.

EADS ANNUAL REPORT 2012

AT A GLANCE— Astrium

SATCOMBw

International Space Station with ATVSATCOMBw

Ariane 5

EADS ANNUAL REPORT 2012

AT A GLANCE— Cassidian

Cassidian is a worldwide leader in global
security solutions and systems, providing
lead systems integration and value-added
products and services to civil and militarycustomers around the globe.

Security solutions

Eurofighter

Cassidian is a leading provider of digital Professional Mobile
Radio (PMR) and secure networks with more than 200 networks
delivered in more than 60 countries. Its solutions for PMR enableprofessional organisations in various areas – such as public
safety, civil defence, transport and industry – to communicate
effectively, reliably and securely. Cassidian’s PMR solutions
helped to secure events like the XII Ibero-American Summit in
Spain in 2012.

Eurofighter, known as “Typhoon” in export markets outside
Europe, is a network-enabled, extremely agile, multi-role combat
aircraft optimised for swing-role operations in complex air-to-air
and air-to-surface combat scenarios. Participating countries inthe Eurofighter programme include Germany, Italy, Spain andthe UK. In 2012, the Eurofighter consortium signed a contract
with the NATO Eurofighter and Tornado Management Agency tosupport the fleet of Typhoon jets across the four Eurofighter core
nations: Germany, Italy, Spain and the UK. As of 31 December
2012, a total of 571 aircraft had been ordered, with a total of
355 aircraft delivered.

RadarsXIV

Cassidian is heavily involved in the technological development
and application of next-generation active electronically scanningradars for air, naval and ground applications. The Tactical Radar
Ground Surveillance System (TRGS) is specially designed forreliably detecting movements both on the ground and in the
air close to the ground. TRGS is intended for mobile use on
armoured vehicles.
Missile systems
MBDA, a joint venture between EADS, BAE Systems andFinmeccanica, is the missile systems group within Cassidian.
The broad range of MBDA products covers all six principal
missile system categories: air-to-air, air-to-surface, ground-toair, surface-to-air, anti-ship and surface-to-surface. Programmes
currently under development include the Aster Paams naval air
defence system.
UNMANNED AERIAL SYSTEMS (UAS)2012 in review
30 March
EUROFIGHTER FIVEYEAR SUPPORTCONTRACT SIGNEDNATO Eurofighter andTornado Management Agency(NETMA) awards a major
contract for the support of
the fleet of Typhoon jets
across the four Eurofightercore nations, Germany, Italy,
Spain and the UK.

In the field of Unmanned Aerial Systems (UAS), Cassidian provides
tactical systems such as Tracker and ATLANTE, MediumAltitude Long Endurance (MALE) systems such as Harfang, andthe High-Altitude Long Endurance (HALE) system Euro Hawk. A
22 Mayco-development with Northrop Grumman, this UAS successfully
CASSIDIAN BECOMES
performed its first sensor flight in January 2013.
KEY NATO AGS PARTNER
Cassidian becomes a major
partner in NATO’s Alliance
Ground Surveillance (AGS)
programme, as sub-contractor
to Northrop Grumman,
supplying the mobile groundsegment entities.

08 November
Cassidian WINSCHINESE TETRACONTRACTS
Cassidian’s TETRA system
wins bid to provide radio
communication for a new
tram line in Shenyang, China.
This is the first contract that
Cassidian has won on the
Chinese tram market.

EADS ANNUAL REPORT 2012

AT A GLANCE— Cassidian

Eurofighter

Euro Hawk

Maritime surveillance

EADS ANNUAL REPORT 2012

AT A GLANCE— Other Businesses

OTHER BUSINESSESEADS North America
EADS North America, headquartered in Herndon, Virginia,
offers a broad array of advanced solutions to meet U.S.
military and commercial requirements, including fixed- androtary-wing aircraft, homeland security systems, public safety
communications, defense electronics and avionics, and threat
detection systems.
It is prime contractor for the US Army’s UH-72A Lakota helicopter
programme. In 2012, EADS North America and Astrium jointly
announced the creation of Astrium Americas. A subsidiary of
EADS North America, Astrium Americas will bring Astrium’s
broad global space capabilities to North America and provide
government customers with secure satellite communications
services formerly marketed by Vizada, Inc.

XVI

ATR

ATR
ATR is a world leading manufacturer of advanced 50- to 74seat regional turboprop aircraft. ATR is a joint venture andequal partnership between EADS and Alenia Aermacchi(Finmeccanica Group). ATR’s family of high-wing, twin-turboprop
aircraft are designed for optimal efficiency, operational flexibility
and comfort. ATR in 2012 secured 61 firm orders and its orderbacklog reached 221 aircraft at the end of the year. ATR delivered
64 aircraft in 2012, a record number of deliveries for one year.

2012 in review

Lakota03 MayATR DELIVERS
1,000TH AIRCRAFTATR marks an importantstage in its history with thedelivery of its 1,000th aircraft,an ATR 72-600 for Spanish
airline Air Nostrum, confirming
its turboprop technology’s
leadership in regional aviation.

14 November
US ARMY TAKES OPTIONON LAKOTA HELICOPTERSEADS North America isawarded a contract option by
the US Army for 34 UH-72A
Lakota helicopters, bringing
the army’s total orders to 312,
and following delivery of 243
on-time and on-budget.

EADS ANNUAL REPORT 2012

AT A GLANCE— People

Text and numbers to be updated

PeopleEADS is focused on creating value through its people, seeking
to attract the best candidates from all backgrounds andbuilding a stimulating culture that helps employees to realise
their full potential. At the end of 2012, the EADS workforce
had grown to 140,405 (year-end 2011: 133,115).

EADS’ US employee numbers will increase further
with the Airbus Alabama Final Assembly LineEADS employees split by geographical area
2012

page 19

37.1%	France
35.2% Germany
10.6%	UK
7.8%	Spain
2.3%	US
0.3%	Italy
6.5%	Other Countries

page
17
EADS
employees
split by Division2012
In 2012, EADS recruited more than 7,000 employees
52.3%	Airbus
16.0%	Eurocopter
15.4%	Cassidian
12.1%	Astrium
2.1%	Headquarters
2.1%	Other Businesses

2012 in review
02 July
Airbus unveils US Final
Assembly Line plans
In a major strategic
development, Airbus
announces plans to establish
a US A320 Final AssemblyLine (FAL) in Mobile, Alabama.
The new assembly line,
together with associatedfunctions, is expected tocreate as many as 1,000 new
high-skilled jobs.

page 1712 July
EADS plans to hire
1,000 women in 2012
At the Farnborough Air show,
EADS and its Divisions sign
the CEO Charter of the UK
Resource Centre (UKRC)
for women in Science,
Engineering and Technology,
also announcing plans to hire
1,000 women in 2012.

EADS ANNUAL REPORT 2012

AT A GLANCE— EADS Shares

EADS Shares
Following a 38% progression the previous year, the EADS share price rose
22% in 2012. In the same year, the CAC 40 improved by 15%, the DAX by
29% and the MDAX by 34%. The MSCI Aerospace index rose 12%.

XVIII

Up to April 2012, EADS followed an upward trend supported by the Company’s full year results press
release in March. The financial markets reacted positively to the improved financial performance, which beat
expectations despite on-going programme challenges. On 3 April 2012, the EADS share peaked at € 31.17.
Over the following months, EADS and the markets as a whole declined due to concerns about the worldwide
macro-economic environment. Some analysts and investors questioned the production rates of the main
manufacturers.
From early June 2012, the EADS share price followed a positive market trend, recovering to its highest levelof the year, at € 31.20 on 3 August. Positive sentiment around EADS was boosted by the announcement ofplans to build an Airbus Final Assembly Line in the US.
On 12 September 2012, the announcement of talks on a possible merger of EADS and BAE Systems
triggered a sharp fall in the share price. Investors were unsettled by the news, some arguing that the 60/40
ratio envisaged in the proposed new entity represented a low valuation for EADS shareholders.
Following the termination of merger discussions on 10 October 2012, the EADS share rebounded somewhat.
However, the markets remained cautious about the Company, and looked forward to further news on future
strategy scheduled for 2013.
Early in December, EADS’ top management confirmed its focus on delivering profitable growth. This message
combined with the news on 5 December of plans to change the Group’s governance gave EADS’ shares
fresh impetus. The prospect of an end to the controlling shareholder pact, a significant increase in free float
and a planned share buyback was warmly welcomed by the market.
On 31 December 2012, the EADS share closed at € 29.50.

ProfileNumber of shares as of 31 December 2012

827,367,945
ISIN code

High in 2012 on the Paris Stock Market:
on 3 August€ 31.20

NL0000235190

Low in 2012 on the Paris Stock Market:
on 27 November

Gross Dividend per share€ 24.38€ 0.60**To be proposed to the EADS Annual General Meeting 2013

Please refer to www.eads.com for further information

EADS ANNUAL REPORT 2012

AT A GLANCE— EADS Shares

EADS SHARE PRICE IN €BASE 100 AS OF 4 JANUARY 2010

Share Price Evolution as of 31 December 2012
Base 100 as of 4 January 2010

250

250

EADS share price in €

2010

2011

2012

30

200

200
25

150

150
20

XIX
100

15

100

10

50

50
J F M A M J J A S O N D
EADSCAC 40MSCI World Aero/defence(in €, adjusted daily Us $/€ rate)

Shareholder Structure as of 31 December 2012

250

200

Shareholder Structure as of 01 May 201322.16%	
S ogeade(French State & Lagardère)

11.29%	SOGEPA (French State)

14.77%

10.09%	GZBV* (German State)

Dasa (Daimler & Dedalus*)

2.75%	KfW

3.93%

5.40%	SEPI

6.19%	Share buyback

0.63%

68.50%	Retail and Institutional
Investors**

Share buyback

54.29%	Retail and Institutional
Investors**

SEPI (Spanish State)150* Dedalus consortium consists of private and public-sector investors including KfW.
Daimler controls the voting rights of the entire package of EADS shares** Including 0.06% held by the French State outside of the Contractual Partnership

100* KfW and other German public entities

page 19** Including warehoused shares of SOGEPA (0.07%) and SEPI (0.29%)

EADS ANNUAL REPORT 2012

AT A GLANCE—Management Structure

EADS

Management Structure
as of 01 April 2013
DIVISIONS

AirbusFabrice Brégier (CEO)Günter Butschek (COO)
John Leahy(COO - Customers)

Board of Directors

Airbus Military

Denis Ranque (Chairman)

Domingo Ureña-Raso

Tom Enders
Manfred Bischoff
Eurocopter

Ralph D. Crosby, Jr

Lutz Bertling*

Hans-Peter Keitel

XX

Hermann-Josef Lamberti

Chief Executive Officer
Tom Enders

Anne Lauvergeon
Lakshmi N. Mittal

Astrium
François Auque

Sir John Parker
Michel Pébereau
CassidianJosep Piqué i Camps

Bernhard Gerwert

Jean-Claude Trichet

EADS North America
Sean O’Keefe

group EXECUTIVE COMMITTEE MEMBERS* Guillaume Faury to succeed Lutz Bertling on 30 April 2013** EADS and Airbus

EADS ANNUAL REPORT 2012

AT A GLANCE—Management Structure

GROUP FUNCTIONS

Chief Financial Officer**

Corporate Secretary

Harald Wilhelm

Pierre de Bausset

Legal Department
Peter Kleinschmidt
Chief Strategy& Marketing Officer
Marwan Lahoud
Chief Compliance
Officer
Pedro Montoya
Chief Human
Resources Officer**Thierry Baril

Corporate Audit
Corinne Colloc´hChief Technical Officer
Jean Botti

Corporate
Communications
Rainer Ohler

Political Affairs
Philippe Bottrie (FR)Alexander Reinhardt (GE)Jacinto Garcia Palacios (SP)Subsidiaries: the Group comprises a number of operational subsidiaries that are managed by HQ or Divisions,such as SOGERMA, Premium AEROTEC, Aerolia, ATR, MBDA, EFw and the operational divisions of Astrium.

XXI