Singapore Airlines 2006 Annual Report Download - page 124
Download and view the complete annual report
Please find page 124 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.-
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
 |
 |
122
Singapore Airlines Annual Report 05/06
23 Long-Term Investments (in $ million)
The Group The Company
31 March 31 March
2006 2005 2006 2005
Quoted investments
Equity investments 14.6 – – –
Unquoted investments
Equity investments 37.8 71.6 28.0 47.2
Non-equity investments 382.4 389.8 382.4 389.8
420.2 461.4 410.4 437.0
Impairment loss (8.9) (27.8) (8.9) (27.8)
411.3 433.6 401.5 409.2
Long-term loans – 42.7 – –
425.9 476.3 401.5 409.2
Analysis of impairment loss for
quoted and unquoted investments
Balance at 1 April 27.8 27.7 27.8 408.3
Charged during the year 1.0 0.1 1.0 0.1
Written-off during the year (19.9) – (19.9) (380.6)
Balance at 31 March 8.9 27.8 8.9 27.8
Non-equity investments of $382.4 million (2005: $389.8 million) for the Group and the Company relate to interest-bearing
investments with an effective annual interest rate of 3.97% (2004-05: 1.71%).
During the financial year, the Group and the Company recorded an impairment loss in the profit and loss account of
$1.0 million (2004-05: $0.1 million) pertaining to unquoted equity investments.
In the previous financial year, the Group’s long-term loans comprise a loan to August Skyfreighter 1994 Trust of $42.7 million.
The loan is repayable on 28 March 2007, and has been reclassified as loan receivable within one year. As at 31 March 2006,
the Group’s loan receivable within one year of $42.0 million is unsecured and bears interest between 3.19% to 5.05%
(2004-05: 1.56% to 3.19%) per annum.
NOTES TO THE FINANCIAL STATEMENTS
31 March 2006