Notes And Other Explanatory Information [Abstract]

FACC AG - Filing #1054076

Concept	2022-01-01 to 2022-12-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]	6. Effects of COVID-19
Disclosure of accrued expenses and other liabilities [text block]
Disclosure of allowance for credit losses [text block]
Disclosure of auditors' remuneration [text block]
Disclosure of authorisation of financial statements [text block]
Disclosure of basis of consolidation [text block]	The Consolidated Financial Statements of FACC AG include all companies controlled by FACC AG. According to IFRS 10, an investor has power over an investee if it has the ability to direct activities which significantly affect the investee’s return, has exposure or rights to variable returns from its involvement with the investee and has the ability to use its power over the investee to affect the amount of its returns.
Disclosure of basis of preparation of financial statements [text block]
Disclosure of borrowings [text block]	38. Financial liabilities
Disclosure of cash and cash equivalents [text block]	32. Cash and cash equivalents
Disclosure of cash flow statement [text block]	NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS
Disclosure of changes in accounting policies [text block]
Disclosure of collateral [text block]	Property and buildings as well as rights of use include land values of properties in the amount of kEUR 7,399 (previous year: kEUR 7,666). Certain properties and buildings serve as collaterals for liabilities to financial institutions (see Note 38 – Financial liabilities).
Disclosure of commitments and contingent liabilities [text block]	Certain liabilities to financial institutions are secured by mortgages on company real estate, guarantees provided by AWS, state guarantees for loans and chattel mortgages on machinery. The export credit under the Kontrollbank scheme is secured by export receivables in the amount of 120% of the framework provided. In order to benefit from beneficial interest rates for research promotion loans, certain conditions must be met. The guarantee for certain liabilities to financial institutions in connection with land and buildings amounted to kEUR 15,966 (previous year: kEUR 15,966).
Disclosure of cost of sales [text block]	10. Cost of goods sold
Disclosure of credit risk [text block]
Disclosure of deferred taxes [text block]
Disclosure of depreciation and amortisation expense [text block]	17. Depreciation
Disclosure of derivative financial instruments [text block]	46. Derivative financial instruments, hedge accounting and fair value hedge
Disclosure of dividends [text block]
Disclosure of earnings per share [text block]
Disclosure of employee benefits [text block]	16. Personnel costs
Disclosure of entity's operating segments [text block]	8. Business segments
Disclosure of events after reporting period [text block]
Disclosure of finance income (cost) [text block]	18. Financial result
Disclosure of finance income [text block]
Disclosure of financial instruments at fair value through profit or loss [text block]
Disclosure of financial risk management [text block]	47. Financial risk
Disclosure of general and administrative expense [text block]
Disclosure of general information about financial statements [text block]	General information
Disclosure of going concern [text block]	The Consolidated Financial Statements were prepared on a going concern basis.
Disclosure of government grants [text block]	34. Investment grants
Disclosure of impairment of assets [text block]	As of 31 December 2022, the indications according to IAS 36 were reviewed with regards to the implementation of an impairment test. On the one hand, due to the recovery of the aviation industry and, on the other hand, due to increased costs in connection with the geopolitical situation, there was a requirement to perform an impairment test as of 31 December 2022.
Disclosure of information about employees [text block]
Disclosure of information about key management personnel [text block]	48. Board member remuneration
Disclosure of interests in other entities [text block]	The group of consolidated companies of FACC as of 31 December 2022 remained unchanged compared to 31 December 2021. The group comprises nine companies, including FACC AG.
Disclosure of inventories [text block]	29. Inventories
Disclosure of investments other than investments accounted for using equity method [text block]
Disclosure of issued capital [text block]	The share capital of FACC AG amounted to kEUR 45,790 on the balance sheet date 31 December 2022, is unchanged from the balance sheet date 31 December 2021, and is fully paid. It is divided into 45,790,000 shares with a par value of EUR 1 each.
Disclosure of lease prepayments [text block]	28. Other receivables
Disclosure of liquidity risk [text block]	Liquidity risk
Disclosure of market risk [text block]	Currency risk
Disclosure of objectives, policies and processes for managing capital [text block]	Capital management
Disclosure of other current assets [text block]
Disclosure of other current liabilities [text block]
Disclosure of other non-current liabilities [text block]
Disclosure of other operating expense [text block]
Disclosure of other operating income [text block]	14. Other operating income
Disclosure of other provisions, contingent liabilities and contingent assets [text block]	37. Other provisions
Disclosure of prepayments and other assets [text block]	The gross carrying amounts of trade receivables, receivables from customer-related engineering, contract assets and other financial receivables were assessed as follows:
Disclosure of property, plant and equipment [text block]
Disclosure of provisions [text block]	35. Employee benefit obligations
Disclosure of related party [text block]
Disclosure of research and development expense [text block]
Disclosure of reserves within equity [text block]	Other reserves comprise the following items, all of which are recorded in other comprehensive income.
Disclosure of revenue from contracts with customers [text block]	9. Revenues
Disclosure of tax receivables and payables [text block]
Disclosure of trade and other receivables [text block]
Disclosure of treasury shares [text block]	The number of shares issued as of the balance sheet date was 45,790,000, like in the previous year. Since no dilutive potential ordinary shares were outstanding or treasury shares were held in the past financial year, the diluted earnings per share correspond to the undiluted earnings per share.