Singapore Airlines 2001 Annual Report Download - page 82

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80 SIA annual report 00/01
Notes to the Financial Statements
31 March 2001
14 Long-Term Liabilities (in $ million) (continued)
Future lease payments under non-cancellable operating leases are as follows:-
The Group The Company
31 M arch 31 M arch
2001 2000 2001 2000
Within one year 357.0 288.6 357.0 288.6
After one year but not more than five years 1,285.8 1,094.7 1,285.8 1,094.7
More than five years 290.1 482.9 290.1 482.9
Total future lease payments 1,932.9 1,866.2 1,932.9 1,866.2
15 Fixed Assets (in $ million)
The Group
Provision for
Disposals/ w ritedow n
1 April 2000 Additions Transfers in value 31 M arch 2001
Cost
Aircraft 14,341.1 977.2 (1,663.6) – 13,654.7
Aircraft spares 1,241.9 112.6 (69.3) (9.0) 1,276.2
Aircraft spare engines 620.6 30.7 (96.6) – 554.7
Freehold land and buildings 234.2 – – – 234.2
Leasehold land and buildings 1,171.6 135.4 (67.3) – 1,239.7
Plant and equipment 838.4 99.0 (35.2) – 902.2
Office and computer equipment 422.4 42.2 (18.1) – 446.5
18,870.2 1,397.1 (1,950.1) (9.0) 18,308.2
Advances and progress payments 1,402.4 2,342.6 (1,150.7) – 2,594.3
20,272.6 3,739.7 (3,100.8) (9.0) 20,902.5
Accumulated depreciation
Aircraft 6,136.9 890.9 (1,282.2) – 5,745.6
Aircraft spares 597.9 67.7 (47.0) – 618.6
Aircraft spare engines 189.3 40.2 (46.9) – 182.6
Freehold land and buildings 104.4 6.3 – – 110.7
Leasehold land and buildings 447.4 40.4 (67.2) – 420.6
Plant and equipment 564.3 65.1 (35.0) – 594.4
Office and computer equipment 350.4 34.5 (17.9) – 367.0
8,390.6 1,145.1 (1,496.2) – 8,039.5
Net book value 11,882.0 12,863.0
Depreciation Net Book Value
2000 - 2001 1999 - 2000 31 M arch 2001 31 M arch 2000
Aircraft 890.9 946.3 7,909.1 8,204.2
Aircraft spares 67.7 75.9 657.6 644.0
Aircraft spare engines 40.2 38.5 372.1 431.3
Freehold land and buildings 6.3 6.2 123.5 129.8
Leasehold land and buildings 40.4 37.8 819.1 724.2
Plant and equipment 65.1 65.0 307.8 274.1
Office and computer equipment 34.5 35.6 79.5 72.0
1,145.1 1,205.3 10,268.7 10,479.6
Advances and progress payments 2,594.3 1,402.4
12,863.0 11,882.0