Singapore Airlines 2005 Annual Report Download - page 91

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SIA Annual Report 04/05 89
Notes to the Financial Statements
31 March 2005
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
17 Fixed Assets (in $ million)
The Group
1 April 04
––––––––––––
As previously Reclassified As Disposals/
reported to stocks restated Additions Transfers* 31 March 05
––––––––––––––––––––––––––––––––––––––––––––––––––
Cost
Aircraft 17,256.5 17,256.5 1,834.5 (2,030.5) 17,060.5
Aircraft spares 1,306.1 (449.0) 857.1 63.5 (128.6) 792.0
Aircraft spare engines 461.6 461.6 36.5 1.8 499.9
Freehold land and buildings 232.6 232.6 (3.9) 228.7
Leasehold land and buildings 1,474.6 1,474.6 35.7 (4.6) 1,505.7
Plant and equipment 1,138.2 1,138.2 37.9 (24.9) 1,151.2
Office and computer equipment 652.5 652.5 101.0 (61.3) 692.2
––––––––––––––––––––––––––
22,522.1 (449.0) 22,073.1 2,109.1 (2,252.0) 21,930.2
Advance and progress payments 1,557.3 1,557.3 1,962.2 (2,003.2) 1,516.3
––––––––––––––––––––––––––
24,079.4 (449.0) 23,630.4 4,071.3 (4,255.2) 23,446.5
––––––––––––––––––––––––––
Accumulated depreciation and
impairment
Aircraft 5,672.2 5,672.2 923.1 (1,279.2) 5,316.1
Aircraft spares 710.9 (107.1) 603.8 45.2 (119.4) 529.6
Aircraft spare engines 176.6 176.6 24.9 13.2 214.7
Freehold land and buildings 127.8 127.8 6.2 (3.6) 130.4
Leasehold land and buildings 561.5 561.5 50.0 (0.6) 610.9
Plant and equipment 774.9 774.9 86.0 (23.6) 837.3
Office and computer equipment 490.7 490.7 73.2 (60.9) 503.0
––––––––––––––––––––––––––
8,514.6 (107.1) 8,407.5 1,208.6 (1,474.1) 8,142.0
––––––––––––––––––––––––––
Net book value 15,564.8 (341.9) 15,222.9 15,304.5
––––––––––––––––––––––––––
Depreciation Net Book Value
2004-05 2003-04 31 March 05 31 March 04
––––––––––––––––––––––––––––––––––––––––––––––––––
Aircraft 923.1 868.7 11,744.4 11,584.3
Aircraft spares 45.2 66.8 262.4 253.3
Aircraft spare engines 24.9 24.4 285.2 285.0
Freehold land and buildings 6.2 6.2 98.3 104.8
Leasehold land and buildings 50.0 49.0 894.8 913.1
Plant and equipment 86.0 91.5 313.9 363.3
Office and computer equipment 73.2 73.6 189.2 161.8
––––––––––––––––
1,208.6 1,180.2 13,788.2 13,665.6
––––––––––––––––
Advance and progress payments 1,516.3 1,557.3
––––––––
15,304.5 15,222.9
––––––––
* During the financial year, a subsidiary company has reclassified aircraft rotable spares with cost of $8.5 million and
impairment provision of $3.0 million from stocks to fixed assets due to a change in the intended use of the assets.