Singapore Airlines 2004 Annual Report Download - page 95

93
SIA Annual Report 03/04
Notes to the Financial Statements
31 March 2004
19 Subsidiary Companies (in $ million) (continued)
Amounts owing to/by subsidiary companies are unsecured, trade-related, interest-free and have no fixed terms of
repayments.
The subsidiary companies at 31 March are:
Country of Percentage of
incorporation Cost equity held by
and place (in $ million) the Group
Principal activities of business 2004 2003 2004 2003
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Singapore Airport Terminal Investment holding company Singapore # # 86.5 87.0
Services Limited
SATS Airport Services Pte Ltd Airport ground handling – do – 16.50 16.50 86.5 87.0
SATS Catering Pte Ltd Inflight aviation catering – do – 14.00 14.00 86.5 87.0
SATS Security Services Private Security services – do – 3.00 3.00 86.5 87.0
Limited
Aero Laundry & Linen Services Laundry and linen services – do – 2.52 2.52 86.5 87.0
Private Limited
Asia-Pacific Star Private Limited Dormant company – do – ## ## 86.5 87.0
Aerolog Express Pte Ltd Air cargo delivery services – do – 1.26 1.26 60.5 60.9
Country Foods Pte Ltd Manufacturing and sale of – do – 6.00 6.00 57.7 58.0
processed food
SIA Engineering Company Engineering services – do – # # 86.6 87.0
Limited Company
Singapore Jamco Private Limited Manufacture of aircraft cabin – do – 3.82 3.82 56.3 56.6
equipment
SIAEC Services Pte Ltd Investment holding company – do – 1.46 1.46 86.6 87.0
SIAEC Global Pte Ltd Investment holding company – do – ## ## 86.6 87.0
Singapore Airlines Cargo Pte Ltd Air cargo transportation – do – 1,405.00 1,405.00 100.0 100.0
SilkAir (Singapore) Private Limited Air transportation – do – 240.00 240.00 100.0 100.0
Tradewinds Tours & Travel Private Tour wholesaling – do – 4.00 4.00 100.0 100.0
Limited
Singapore Aviation and General Aviation insurance – do – 20.00 20.00 100.0 100.0
Insurance Company (Pte)
Limited
SIA Properties (Pte) Ltd Provision of building – do – 24.00 24.00 100.0 100.0
management
Singapore Flying College Pte Ltd Training of pilots – do – 70.95 70.95 100.0 100.0
Sing-Bi Funds Private Limited Inactive – do – 0.01 0.01 100.0 100.0
Singapore Airport Duty-Free Inactive – do – 11.73 11.73 96.8 96.9
Emporium (Private) Limited
Abacus Travel Systems Pte Ltd Marketing of Abacus – do – 2.44 2.44 61.0 61.0
reservations systems
Cargo Community Network Provision and marketing of - do – 3.77 3.77 51.0 51.0
Pte Ltd Cargo Community Systems
Singapore Airlines (Mauritius) Ltd* Aircraft leasing Mauritius ### ### 100.0 100.0
SIA (Mauritius) Ltd** Pilot recruitment – do – # # 100.0 100.0
Aviation Software Development Airline software development India – 0.82 – 51.0
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