Singapore Airlines 2006 Annual Report Download - page 71

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69
Singapore Airlines Annual Report 05/06
The Group The Company
Notes 2006 2005 R1 2006 2005 R1
SHARE CAPITAL 13 1,202.6 609.1 1,202.6 609.1
RESERVES
Share premium – 448.2 – 448.2
Capital redemption reserve – 64.4 – 64.4
Capital reserve 40.8 41.9 – –
Foreign currency translation reserve (30.5) 3.1 – –
Share-based compensation reserve 14 (a) 81.8 48.4 63.1 37.1
Fair value reserve 14 (b) 163.6 – 35.6 –
General reserve 12,012.3 11,127.2 10,943.3 10,653.5
12,268.0 11,733.2 11,042.0 11,203.2
EQUITY ATTRIBUTABLE TO
EQUITY HOLDERS OF THE COMPANY 13,470.6 12,342.3 12,244.6 11,812.3
MINORITY INTERESTS 396.3 302.8 – –
TOTAL EQUITY 13,866.9 12,645.1 12,244.6 11,812.3
DEFERRED ACCOUNT 15 349.6 414.6 254.9 356.8
DEFERRED TAXATION 16 2,486.1 2,450.1 1,950.5 1,952.2
LONG-TERM LIABILITIES 17 1,824.4 2,333.3 1,022.3 1,449.5
18,527.0 17,843.1 15,472.3 15,570.8
Represented by:
FIXED ASSETS 18
Aircraft, spares and spare engines 12,208.4 12,292.0 9,150.9 9,484.8
Land and buildings 972.1 993.1 297.0 316.1
Others 2,344.2 1,876.6 2,046.5 1,318.9
15,524.7 15,161.7 11,494.4 11,119.8
INTANGIBLE ASSETS 19 121.7 144.1 77.2 88.3
SUBSIDIARY COMPANIES 20 – – 1,938.4 1,935.8
ASSOCIATED COMPANIES 21 996.3 695.1 1,722.2 1,716.1
JOINT VENTURE COMPANIES 22 362.6 323.6 159.1 151.0
LONG-TERM INVESTMENTS 23 425.9 476.3 401.5 409.2
CURRENT ASSETS
Section 44 tax prepayments 166.2 221.4 166.2 221.4
Stocks 24 517.5 442.5 458.5 368.8
Trade debtors 25 1,610.8 1,344.7 1,055.0 859.4
Amounts owing by subsidiary companies 20 – – 230.9 247.2
Amounts owing by associated companies 21 3.7 15.8 – 12.5
Loan-receivable within one year 23 42.0 – – –
Investments 26 446.5 79.3 346.1 –
Cash and bank balances 27 3,151.6 2,840.2 2,765.1 2,509.1
5,938.3 4,943.9 5,021.8 4,218.4
Less: CURRENT LIABILITIES
Sales in advance of carriage 1,191.6 1,031.2 1,164.4 1,003.2
Deferred revenue 309.9 237.9 309.9 237.9
Current tax payable 303.2 156.2 199.3 72.0
Trade creditors 28 2,546.2 2,380.4 1,798.2 1,763.8
Amounts owing to subsidiary companies 20 – – 1,442.0 966.6
Finance lease commitments-repayable within one year 17 464.6 44.1 419.5 –
Loans-repayable within one year 17 16.6 25.6 – –
Bank overdrafts 29 10.4 26.2 9.0 24.3
4,842.5 3,901.6 5,342.3 4,067.8
NET CURRENT ASSETS/(LIABILITIES) 1,095.8 1,042.3 (320.5) 150.6
18,527.0 17,843.1 15,472.3 15,570.8
R1 2005 fi gures have been restated for the effect of changes in accounting policies (see Note 3).
The notes on pages 75 to 135 form an integral part of these fi nancial statements.
BALANCE SHEETS
At 31 March 2006 (in $ million)