Singapore Airlines 2003 Annual Report Download - page 96

94 SIA Annual Report 02/03
Notes to the Financial Statements
31 March 2003
20 Subsidiary Companies (in $ million) (continued)
The subsidiary companies at 31 March 2003 were:
Country of Percentage of
incorporation Cost equity held by
and place of (in $ million) the Group
Principal activities business 2003 2002 2003 2002
Singapore Airport Terminal Investment holding company Singapore # # 87 87
Services Limited
SATS Airport Services Pte Ltd Airport ground handling services – do – 16.50 16.50 87 87
SATS Catering Pte Ltd Inflight aviation 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 Laundry and linen services – do – 2.52 2.52 87 87
Private Limited
Asia-Pacific Star Private Limited Dormant company – do – ## ## 87 87
Aerolog Express Pte Ltd Air cargo delivery services – do – 1.26 1.26 61 61
Country Foods Pte Ltd Manufacturing and sale – do – 6.00 – 58 –
of processed food
SIA Engineering Company Engineering services – do – # # 87 87
Limited
Singapore Jamco Private Manufacture of aircraft – do – 3.82 3.82 57 57
Limited cabin equipment
SIAEC Services Pte Ltd Investment holding company – do – 1.46 1.46 87 87
SIAEC Global Pte Ltd Investment holding company – do – ## – 87 –
Singapore Airlines Cargo Pte Ltd Air cargo transportation – do – 1,405.00 1,405.00 100 100
SilkAir (Singapore) Private Limited Air transportation – do – 240.00 240.00 100 100
Tradewinds Tours & Travel Tour wholesaling – do – 4.00 4.00 100 100
Private Limited
Singapore Aviation and Aviation insurance – do – 20.00 20.00 100 100
General Insurance Company
(Pte) Limited
SIA Properties (Pte) Ltd Provision of building – do – 24.00 24.00 100 100
management
Singapore Flying College Pte Ltd Training of pilots – do – 70.95 8.00 100 100
Sing-Bi Funds Private Limited Dormant company – do – 0.01 0.01 100 100
Singapore Airport Duty-Free Dormant company – do – 11.73 11.73 97 97
Emporium (Private) Limited
Abacus Travel Systems Pte Ltd Marketing of Abacus – do – 2.44 2.44 61 61
reservations systems
Cargo Community Network Provision and marketing of – do – 3.77 3.77 51 51
Pte Ltd Cargo Community Systems
Star Kingdom Investment Liquidated Hong Kong – – – –
Limited*
Singapore Airlines Aircraft Leasing Mauritius ### ### 100 100
(Mauritius) Ltd*
SIA (Mauritius) Ltd** Pilot recruitment – do – # # 100 100
Aviation Software Development Airline software development India 0.82 0.82 51 51
Consultancy India Limited@
All the Singapore-incorporated subsidiary companies are audited by Ernst & Young, Singapore.
* Audited by associated firms of Ernst & Young, Singapore.
** Not required to be audited in country of incorporation.
@ Audited by another firm.
# The value is $1.
## The value is $2.
### The value is $3.