Singapore Airlines 2002 Annual Report Download - page 86

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86
Notes to the Financial Statements
31 March 2002
SIA Annual Report 01/02
18 Subsidiary Companies (in $ million) (continued)
The subsidiary companies at 31 March 2002 were:-
Percentage of
Country of Cost equity held by
incorporation & (in $ million) the Group
Principal activities place of business 2002 2001 2002 2001
Singapore Airport Terminal
Services Limited Investment holding company Singapore # # 87 87
SATS Airport Services Pte Ltd Airport cargo, apron and
passenger services – do – 16.50 16.50 87 87
SATS Catering Pte Ltd Catering services – do – 14.00 14.00 87 87
SATS Security Services Security services – do – 3.00 3.00 87 87
Private Limited
Aero Laundry & Linen Services
Private Limited Laundry services – do – 2.52 2.52 87 87
Asia-Pacific Star Pte Ltd Dormant company – do – – – 87 87
Aerolog Express Pte Ltd Air cargo delivery services – do – 1.26 – 61 –
SIA Engineering Company Limited Engineering services – do – # # 87 87
Singapore Jamco Private Limited Manufacture of aircraft cabin
equipment – do – 3.82 2.86 57 44
SIAEC Services Pte Ltd Investment holding company – do – 1.46 1.46 87 87
Singapore Airlines Cargo
Private Limited Air cargo transportation – do – 1,405.00 ## 100 100
SilkAir (Singapore) Private Limited Air transportation – do – 240.00 240.00 100 100
Tradewinds Tours & Travel
Private Limited Tour wholesaling – do – 4.00 4.00 100 100
Singapore Aviation and General
Insurance Company (Pte) Limited Aviation insurance – do – 20.00 20.00 100 100
SIA Properties (Pte) Ltd Provision of building
management – do – 24.00 24.00 100 100
Singapore Flying College Pte Ltd Training of pilots – do – 8.00 8.00 100 100
Sing-Bi Funds Private Limited Dormant company – do – 0.01 0.01 100 100
Singapore Airport Duty-Free
Emporium (Private) Limited Dormant company – do – 11.73 11.73 97 97
Abacus Travel Systems Pte Ltd Marketing of Abacus
reservations systems – do – 2.44 2.44 61 61
Cargo Community Network Pte Ltd Provision and marketing of
Cargo Community Systems – do – 3.06 3.06 51 51
Auspice Limited Liquidated Channel Islands – 0.03 – 100
Star Kingdom Investment Limited* Voluntary liquidation Hong Kong – 8.61 – 100
SH Tours Ltd** Liquidated United Kingdom – 0.87 – 100
Singapore Airlines (Mauritius) Ltd* Aircraft Leasing Mauritius ### ### 100 100
SIA Mauritius Ltd** Pilot recruitment – do – # # 100 100
Aviation Software Development
Consultancy India Ltd@ Airline software development India 0.82 0.82 51 51
#The value is $1
## The value is $2
### The value is $3
*Audited by associated firms of Ernst & Young, Singapore.
** Not required to be audited in country of incorporation.
@Audited by another firm.