Singapore Airlines 2013 Annual Report Download - page 142

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140
SINGAPORE AIRLINES
NOTES TO THE FINANCIAL STATEMENTS
6 Operating Profit (in $ million)
Operating profit for the financial year was arrived at after charging/(crediting):
The Group
2012-13 2011-12
Interest income from short-term investments (0.7) (0.7)
Dividend income from short-term investments (1.0) (0.9)
Loss on disposal of short-term investments 1.1 0.3
Income from operating lease of aircraft (92.2) (116.8)
Amortisation of deferred loss/(gain) on sale and operating leaseback transactions 3.3 (18.3)
Bad debts written off 0.5 1.3
Write-back of impairment of trade debtors (8.8) (0.2)
Remuneration for auditors of the Company
Audit fees 1.5 1.5
Non-audit fees 0.5 0.7
Exchange loss, net 82.5 36.6
Currency hedging (gain)/loss (29.4) 56.2
Fuel hedging gain recognised in “Fuel costs” (33.8) (24.0)
7 Finance Charges (in $ million)
The Group
2012-13 2011-12
Notes payable 22.5 49.4
Other receivables measured at amortised cost 10.1 10.1
Finance lease commitments 6.1 8.0
Realised loss on interest rate swap contracts accounted as cash flow hedges 4.6 5.9
Fair value gain on interest rate swap contracts accounted as fair value through profit or loss (1.2) (1.6)
Commitment fees 0.6 2.5
42.7 74.3
8 Interest Income (in $ million)
The Group
2012-13 2011-12
Interest income from fixed deposits and investments 40.1 32.4
Amortised interest income from other receivables 12.7 6.1
Others 9.7 12.0
62.5 50.5
9 Other Non-operating Items (in $ million)
The Group
2012-13 2011-12
Gain on disposal of an associated company 8.3 -
Dividends from an associated company 2.7 4.9
Surplus on disposal of other property, plant and equipment 0.6 1.8
Liquidated damages 0.3 (0.4)
Return of capital by an associated company - 48.1
Provision for impairment in an associated company - (5.6)
11.9 48.8
31 March 2013