The following table sets forth the composition of investments in associates accounted for under the equity method, other investments and other long-term financial assets:

Investments in associates accounted for under the equity method as of 31^st December 2007 and 2006, mainly contain EADS’ interest in Dassault-Aviation Group (46.30% at 31^st December 2007 and at 31^st December 2006) of €2,121 million and €1,985 million. The Dassault-Aviation Group reported in 2007 a net income of €382 million (2006: €281 million) of which EADS recognised an amount of €177 million (2006: €130 million) according to its share of interest. In 2007, the equity investment income from Dassault-Aviation includes positive IFRS catch-up adjustments amounting to €17 million (2006: €0 million). In addition, as at 31^st December 2007, €(6) million (in 2006: €34 million) were recognised in AOCI in relation with the Dassault-Aviation equity investment.

The following table illustrates summarised financial information of the EADS investment of 46.3% in Dassault-Aviation as of 31^st December 2007 and 2006:

A list of major investments in associates and the proportion of ownership is included in Appendix “Information on principal investments”.

Other investments comprise EADS’ investment in various non-consolidated entities, the most significant being at 31^st December 2007, the participation of 10% in Irkut amounting to €62 million (2006: €77 million). The investment in Embraer was sold in February 2007 (2006: €123 million).

Other long-term financial assets of €1,149 million (2006: €1,121 million) and the current portion of other long-term financial assets of €166 million (in 2006: €103 million) encompass mainly the Group’s sales finance activities in the form of finance lease receivables and loans from aircraft financing. They are reported net of accumulated impairments. These sales financing transactions are generally secured by the underlying aircraft used as collateral (see Note 29 “Commitments and contingencies” for details on sales financing transactions).

Loans from aircraft financing are provided to customers to finance the sale of aircraft. These loans are long-term and normally have a maturity which is linked to the use of the aircraft by the customer. The calculation of the net book value is:

Finance lease receivables from aircraft financing are as follows:

Future minimum lease payments from investments in finance leases to be received are as follows (not discounted):

Additionally included are €470 million and €437 million of other loans as of 31^st December 2007 and 2006, e.g. loans to employees.

Defeased bank deposits of €677 million and €927 million as of 31^st December 2007 and 2006, respectively have been offset against financing liabilities.