Singapore Airlines 2003 Annual Report Download - page 43

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Highlights of the Group’s Performance
•Total revenue rose 12.1 per cent to $10,515 million
•Total expenditure at $9,798 million (+15.8 per cent)
•Operating profit of $717 million (-22.4 per cent)
•Profit before tax grew to $977 million (+5.5 per cent)
•Tax writeback of $278 million
•Profit attributable to shareholders improved to $1,065 million (+68.6 per cent)
•Earnings per share of 87.4 cents (+68.4 per cent)
•Shareholders’ funds $10,709 million (+8.8 per cent)
•Net asset value of $8.79 per share (+8.8 per cent)
•Net debt equity ratio remain unchanged at 0.07 time
41
SIA Annual Report 02/03
Financial Review