Singapore Airlines 2004 Annual Report Download - page 68

Download and view the complete annual report

Please find page 68 of the 2004 Singapore Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 132

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132

66 SIA Annual Report 03/04
Statements of Changes in Equity
For the financial year ended 31 March 2004 (in $ million)
The Group
Foreign
Capital currency
Share Share redemption Capital translation General
Notes capital premium reserve reserve reserve reserve Total
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Balance at 31 March 2002 609.1 447.2 64.4 6.9 63.8 8,655.2 9,846.6
Currency translation differences – – – – (22.5) – (22.5)
Share options exercised 13 * * – ––––
Share of a joint venture
company’s capital reserve – – – 0.8 – – 0.8
Gain on dilution of interest in
a subsidiary company due to
share options exercised – – – – – 0.8 0.8
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Net gains and losses not
recognized in the profit
and loss account * * – 0.8 (22.5) 0.8 (20.9)
Profit attributable to shareholders
for the financial year – – – – – 1,064.8 1,064.8
Dividends 12 – – – – – (181.7) (181.7)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Balance at 31 March 2003 609.1 447.2 64.4 7.7 41.3 9,539.1 10,708.8
Currency translation differences – – – – (21.5) – (21.5)
Share of a joint venture
company’s capital reserve 21 – – – 1.4 – – 1.4
Share of an associated
company's capital reserve 20 – – – 22.9 – – 22.9
Gain on dilution of interest in
subsidiary companies due
to share options exercised – – – – – 3.8 3.8
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Net gains and losses not
recognized in the profit
and loss account – – – 24.3 (21.5) 3.8 6.6
Profit attributable to shareholders
for the financial year – – – – – 849.3 849.3
Dividends 12 – – – – – (109.6) (109.6)
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Balance at 31 March 2004 609.1 447.2 64.4 32.0 19.8 10,282.6 11,455.1
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
* In 2002-03, 1,000 ordinary shares of $0.50 par value were issued at exercise price of $11.96 each pursuant to the Employee Share Option Plan.
Share capital and share premium increased by $500 and $11,460 respectively.
The notes on pages 70 to 107 form an integral part of these financial statements.