Singapore Airlines 2006 Annual Report Download - page 102

Download and view the complete annual report

Please find page 102 of the 2006 Singapore Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

100
Singapore Airlines Annual Report 05/06
13 Share Capital (in $ million) (continued)
Share option plans (continued)
Information with respect to the number of options granted under the respective Employee Share Option Plans is as follows:
SIA ESOP
Number of options to subscribe
for unissued ordinary shares
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Balance at
1.4.2005/later Balance at Exercise
Date of grant date of grant Cancelled Exercised 31.3.2006 price Exercisable period
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
28.3.2000 12,524,010 (672,400) 11,851,610 $15.34 28.3.2001 27.3.2010
3.7.2000 11,374,220 (359,050) 11,015,170 $16.65 3.7.2001 2.7.2010
2.7.2001 12,528,300 (193,040) (2,056,990) 10,278,270 $11.96 2.7.2002 1.7.2011
1.7.2002 12,959,332 (203,750) (914,059) 11,841,523 $12.82 1.7.2003 30.6.2012
1.7.2003 12,297,818 (152,446) (3,069,343) 9,076,029 $10.34 1.7.2004 30.6.2013
1.7.2004 12,654,935 (269,925) (412,172) 11,972,838 $10.70 1.7.2005 30.6.2014
1.7.2005 13,293,461 (119,795) (12,540) 13,161,126 $11.28 1.7.2006 30.6.2015
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
87,632,076 (1,970,406) (6,465,104) 79,196,566
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
The weighted average fair value of options granted during the year was $2.77 (2004-05: $3.33).
The weighted average share price for options exercised during the year was $12.14 (2004-05: $11.11).
SATS ESOP
Number of options to subscribe
for unissued ordinary shares
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Balance at
1.4.2005/later Balance at Exercise
Date of grant date of grant Cancelled Exercised 31.3.2006 price Exercisable period
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
28.3.2000 17,288,300 (232,800) (899,100) 16,156,400 $2.20 28.3.2001 27.3.2010
3.7.2000 7,696,450 (92,900) (3,091,200) 4,512,350 $1.80 3.7.2001 2.7.2010
2.7.2001 2,361,950 (13,100) (995,950) 1,352,900 $1.24 2.7.2002 1.7.2011
1.7.2002 5,556,050 (22,100) (2,456,100) 3,077,850 $1.60 1.7.2003 30.6.2012
1.7.2003 13,661,800 (26,000) (10,578,150) 3,057,650 $1.47 1.7.2004 30.6.2013
1.7.2004 16,192,300 (164,200) (33,150) 15,994,950 $2.09 1.7.2005 30.6.2014
1.7.2005 15,865,800 (154,600) 15,711,200 $2.27 1.7.2006 30.6.2015
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
78,622,650 (705,700) (18,053,650) 59,863,300
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
The weighted average fair value of options granted during the year was $0.48 (2004-05: $0.49).
The weighted average share price for options exercised during the year was $2.30 (2004-05: $2.08).
NOTES TO THE FINANCIAL STATEMENTS
31 March 2006