Singapore Airlines 2002 Annual Report Download - page 75

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SIA Annual Report 01/02 75
Notes to the Financial Statements
31 March 2002
6 Finance Charges (in $ million)
The Group The Company
2001 - 02 2000 - 01 2001 - 02 2000 - 01
Interest expense:
– bonds 8.8 – 8.8 –
– leases 23.9 34.9 23.6 34.9
– subsidiaries – – 9.2 7.5
– short-term loans 5.2 – 5.2 –
– others 6.0 2.6 – 2.0
43.9 37.5 46.8 44.4
Commitment fees 0.1 – 0.1 –
44.0 37.5 46.9 44.4
7 Dividends from Subsidiary and Associated Companies, Gross (in $ million)
The Company
2001 - 02 2000 - 01
Subsidiary Companies
– Quoted 87.0 30.4
– Unquoted 40.1 17.1
127.1 47.5
Associated Companies
– Quoted – 0.9
– Unquoted 11.5 11.4
138.6 59.8
8 Exceptional Items (in $ million)
The Group The Company
2001 - 02 2000 - 01 2001 - 02 2000 - 01
Provision for impairment in value of investment in
Air New Zealand (266.9) – (380.6) –
Recognition of deferred gain on divestment
of Eagle Services Asia 202.6 – – –
Profit on disposal of investments in Equant N.V. 30.2 – 29.0 –
Profit on disposal of investment in
Cargo Community Network – – 0.7 –
Gain on liquidation of Auspice – – 191.4 –
Loss on liquidation of Star Kingdom – – (8.6) –
Profit on disposal of 13.0% equity interests in
SATS and SIAEC – 440.1 – 574.6
Ex-gratia bonus payment – (134.6) – (131.8)
(34.1) 305.5 (168.1) 442.8