Singapore Airlines 2005 Annual Report Download - page 67

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SIA Annual Report 04/05 65
CC
฀MOD: CN1323
M Y
C K
While every effort has been taken to carry out instruction to customers satisfaction
NO RESPONSIBILITY liablilty will be accepted for errors
CUSTOMERS ARE THEREFOREURGED TO CHECK THOROUGHLY BEFORE
AUTHORISING PRINTRUNS
DALIM
1 2 3 4 5 6 7 8 9 10 OK TS
CC196777 DLMAC13 10.06.2005 150#
1
3col
Balance Sheets
At 31 March 2005 (in $ million)
The Group The Company
Notes 2005 2004 2005 2004
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
SHARE CAPITAL
Authorised 13 3,000.0 3,000.0 3,000.0 3,000.0
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Issued and fully paid 13 609.1 609.1 609.1 609.1
RESERVES
Distributable
General reserve 11,263.7 10,282.6 10,687.7 9,805.0
Foreign currency translation reserve 8.8 19.8 – –
Non-distributable
Share premium 448.2 447.2 448.2 447.2
Capital redemption reserve 64.4 64.4 64.4 64.4
Capital reserve 41.9 32.0 – –
11,827.0 10,846.0 11,200.3 10,316.6
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
SHARE CAPITAL AND RESERVES 12,436.1 11,455.1 11,809.4 10,925.7
MINORITY INTERESTS 303.9 304.1 – –
DEFERRED ACCOUNT 14 414.6 446.7 356.8 391.2
DEFERRED TAXATION 15 2,450.1 2,175.3 1,952.2 1,742.1
LONG-TERM LIABILITIES 16 2,333.3 2,207.2 1,449.5 1,457.0
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
17,938.0 16,588.4 15,567.9 14,516.0
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Represented by:
FIXED ASSETS 17
Aircraft, spares and spare engines 12,292.0 12,122.6 9,484.8 9,316.9
Land and buildings 993.1 1,017.9 316.1 338.9
Others 2,019.4 2,082.4 1,407.2 1,479.9
15,304.5 15,222.9 11,208.1 11,135.7
GOODWILL ON CONSOLIDATION 18 1.3 1.4 – –
SUBSIDIARY COMPANIES 19 – – 1,935.8 1,936.5
ASSOCIATED COMPANIES 20 790.0 517.5 1,716.1 1,722.7
JOINT VENTURE COMPANIES 21 323.6 309.2 151.0 140.3
LONG-TERM INVESTMENTS 22 476.3 475.2 409.2 402.4
CURRENT ASSETS
Section 44 tax prepayments 221.4 239.8 221.4 239.8
Stocks 23 442.5 403.4 368.8 356.7
Trade debtors 24 1,344.7 1,171.5 859.4 757.3
Amounts owing by associated companies 20 15.8 0.4 12.5 –
Investments 25 79.3 130.2 – –
Cash and bank balances 26 2,840.2 1,518.5 2,509.1 1,090.6
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
4,943.9 3,463.8 3,971.2 2,444.4
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Less: CURRENT LIABILITIES
Sales in advance of carriage 1,031.2 999.0 1,003.2 936.8
Deferred revenue 237.9 206.4 237.9 206.4
Current tax payable 156.2 181.7 72.0 105.0
Trade creditors 27 2,380.4 1,921.1 1,763.8 1,309.6
Amounts owing to subsidiary companies – net 19 – – 722.3 686.8
Finance lease commitments-repayable within one year 16 44.1 41.5 – –
Loans-repayable within one year 16 25.6 24.8 – –
Bank overdrafts 28 26.2 27.1 24.3 21.4
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
3,901.6 3,401.6 3,823.5 3,266.0
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
NET CURRENT ASSETS/(LIABILITIES) 1,042.3 62.2 147.7 (821.6)
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
17,938.0 16,588.4 15,567.9 14,516.0
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
The notes on pages 70 to 107 form an integral part of these financial statements.