Singapore Airlines 2002 Annual Report Download - page 88

Download and view the complete annual report

Please find page 88 of the 2002 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 116

  • 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

88
Notes to the Financial Statements
31 March 2002
SIA Annual Report 01/02
19 Associated Companies (in $ million) (continued)
The associated companies at 31 March 2002 were:-
Percentage
Country of Cost equity held by
incorporation & (in $ million) the Group
Principal activities place of business 2002 2001 2002 2001
Service Quality (SQ) Centre Pte Ltd Quality service training Singapore # # 50 50
Asian Frequent Flyer Pte Ltd Voluntary liquidation – do – 0.05 0.05 33.3 33.3
Ritz-Carlton, Millenia Singapore Hotel ownership
Properties Private Limited and management – do – 30.30 30.28 20 20
Servair-SATS Holding
Company Pte Ltd Investment holding
company – do – 0.51 0.51 43 43
Combustor Airmotive Services Repair of engine
Pte Ltd combustion chambers – do – 3.01 8.41 43 43
Fuel Accessory Service Repair and overhaul engine
Technologies Pte Ltd fuel components and
accessories – do – 5.07 5.07 43 43
Messier Services Asia Pte Ltd Repair and overhaul of
landing gear – do – 13.97 13.97 35 35
Rohr Aero-Services-Asia Pte Ltd Repair and overhaul of
aircraft nacelles, thrust
reversers and pylons – do – 27.18 26.13 26 26
Asian Surface Technologies Pte Ltd Fan blade repair and coating
services – do – 6.38 6.38 25 25
Turbine Coating Services Pte Ltd Perform PW400 turbine
airfoil repair – do – 5.67 5.67 21 21
Eagle Services Asia Private Limited Repair and overhaul of
aircraft engines – do – 71.59 71.59 43 43
Maldives Inflight Catering
Private Limited Catering services Maldives 0.29 0.29 30 30
Beijing Airport Inflight
Kitchen Limited Catering services People’s
Republic
of China 13.88 13.88 35 35
Beijing Aviation Ground Services
Company Ltd Ground handling – do – 5.71 5.71 35 35
Asia Leasing Limited Aircraft leasing Bermuda 10.88 10.88 21 21
PT Purosani Sri Persada Hotel ownership and
management Indonesia 5.80 5.80 20 20
PT Pantai Indah Tatelli Hotel ownership and
management – do – 7.10 7.10 20 20
Aviserv Ltd Catering services Pakistan 3.31 3.31 43 43
Asia Airfreight Terminal
Company Ltd Cargo handling services Hong Kong 16.16 16.16 21 21
Pan Asia Pacific Aviation
Services Limited Engineering services – do – 5.37 5.37 41 41
Tan Son Nhat Cargo Services Ltd Cargo handling services Vietnam 1.96 1.96 26 26
TAJ SATS Air Catering Catering services India 31.26 43
Taj Madras Flight Kitchen
Private Limited Catering services – do – 1.90 1.90 26 26
of