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92 SIA Annual Report 04/05
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#
13col
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 2005 2004 2005 2004
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Singapore Airport Terminal Investment holding Singapore # # 84.6 86.5
Services Limited
SATS Airport Services Pte Ltd Airport ground handling - do - 16.50 16.50 84.6 86.5
services
SATS Catering Pte Ltd Inflight catering services - do - 14.00 14.00 84.6 86.5
SATS Security Services Pte Ltd Aviation security services - do - 3.00 3.00 84.6 86.5
Aero Laundry & Linen Providing and selling - do - 2.52 2.52 84.6 86.5
Services Pte Ltd laundry and linen services
Asia-Pacific Star Pte Ltd Dormant - do - ## ## 84.6 86.5
Aerolog Express Pte Ltd Air cargo delivery services - do - 1.26 1.26 59.3 60.5
Country Foods Pte Ltd Manufacturing of chilled, - do - 6.00 6.00 56.4 57.7
frozen and processed foods
Ready Fresh Pte Ltd* Dormant - do - @ – 28.8 –
SIA Engineering Company Engineering services - do - # # 85.5 86.6
Limited
Singapore Jamco Pte Ltd Manufacturing aircraft cabin - do - 3.82 3.82 55.6 56.3
equipment and refurbishment
of aircraft galley
SIAEC Services Pte Ltd^ Investment holding - do - – 1.46 – 86.6
SIAEC Global Pte Ltd Investment holding - do - ## ## 85.5 86.6
Singapore Airlines Cargo Air cargo transportation - do - 1,405.00 1,405.00 100.0 100.0
Pte Ltd
SilkAir (Singapore) Private Air transportation - do - 240.00 240.00 100.0 100.0
Limited
Tradewinds Tours & Travel Tour wholesaling - do - 4.00 4.00 100.0 100.0
Private Limited
Singapore Aviation and Aviation insurance - do - 20.00 20.00 100.0 100.0
General Insurance
Company (Pte) Limited
SIA Properties (Pte) Ltd Inactive - do - 24.00 24.00 100.0 100.0
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 96.3 96.8
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 Aircraft leasing Mauritius ### ### 100.0 100.0
(Mauritius) Ltd**
SIA (Mauritius) Ltd*** Pilot recruitment - do - # # 100.0 100.0
All the Singapore-incorporated subsidiary companies are audited by Ernst & Young, Singapore.
* Not required to be audited as the company was incorporated on 7 June 2004.
** Audited by associated firms of Ernst & Young, Singapore.
*** Not required to be audited in country of incorporation.
^ During the financial year, SIAEC Services Pte Ltd commenced filing for liquidation.
# The value is $1
## The value is $2
### The value is $3
@ The value is $51