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Financial Statements and Corporate Governance

26. Deferred Income

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(in €m)	31^st December 2007	31^st December 2006

Non-current deferred income	753	1,110
Current deferred income	706	486
Total	1,459	1,596

The main part of deferred income is related to sales of Airbus and ATR aircraft that include asset value guarantee commitments and that are accounted for as operating leases (€955 million and €1,248 million as of 31^st December 2007 and 2006, respectively).

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