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94
Singapore Airlines Annual Report 05/06
4 Segment Information (in $ million) (continued)
Geographical Segments
The following table presents revenue information on airline operations by geographical areas for the fi nancial years ended
31 March 2006 and 2005.
By area of original sale
2005-06 2004-05
East Asia 5,554.5 5,217.8
Europe 1,882.4 1,894.6
South West Pacifi c 1,535.4 1,439.3
Americas 991.0 919.2
West Asia and Africa 896.2 833.3
System-wide 10,859.5 10,304.2
Non-scheduled services and incidental revenue 1,843.4 1,093.0
12,702.9 11,397.2
5 Staff Costs (in $ million)
The Group
2005-06 2004-05
R1
Staff costs (including Executive Director)
Salary, bonuses and other costs 2,290.9 2,282.1
CPF and other defi ned contributions 142.1 136.0
Share-based compensation expenses 48.1 38.4
2,481.1 2,456.5
The Group contributes to several post-employment defi ned benefi t plans for employees at several overseas locations.
Employees may contribute in some of these plans and these contributions are matched in varying amounts by the Group.
Defi ned benefi t expenses for the Group were $21.2 million for 2005-06 and $10.0 million for 2004-05. As these are not
material to the total staff costs of the Group for 2005-06 and 2004-05, additional disclosures of these defi ned benefi t plans
are not shown. Disclosures relating to share-based compensation expense are in Note 13.
R1
2004-05 fi gures have been restated for the effects of adopting FRS 102 [see Note 3(d)].
6 Operating Profi t (in $ million)
Operating profi t for the fi nancial year was arrived at after charging/(crediting):
The Group
2005-06 2004-05
Interest income from short-term investments (0.7) (0.7)
Dividend income from short-term investments (0.8) (0.7)
Surplus on disposal of short-term investments (3.7) (1.2)
Income from lease of aircraft (31.6) (49.2)
Impairment of short-term investments – 0.3
Amortisation of deferred gain on sale and operating leaseback transactions (103.5) (120.6)
Professional fees paid to a fi rm of which a director is a member * *
Remuneration for auditors of the Company
Audit fees 1.5 1.4
Non-audit fees 0.8 0.9
Exchange losses, net 163.2 74.2
*
Amount less than $0.1 million.
NOTES TO THE FINANCIAL STATEMENTS
31 March 2006