Explain the meaning of each of the 2008 disclosures

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Reference no: EM131421433

The 2008 IFRS-based financial statements of EADS N.V., the owner of Airbus, the Frenchbased airline manufacturer, included the following account information (in million euros).



a. Explain the meaning of each of the 2008 disclosures.

b. Estimate the balance sheet carrying amount of the investments in associates disposed of during 2008. (Hint: Attempt to recreate the activity in the "investments in associates accounted for under the equity method" account.)

c. Was there a gain or loss on the disposal? How large?

Reference no: EM131421433

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