Singapore Airlines 2007 Annual Report Download - page 122

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NOTES TO THE FINANCIAL STATEMENTS
31 March 2007
Singapore Airlines 120 Annual Report 2006-07
20 Subsidiary Companies (in $ million) (continued)
The subsidiary companies at 31 March are:
Country of Percentage of
incorporation Cost equity held
and place (in $ million) by the Group
Principal activities
of business
2007 2006 2007 2006
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Singapore Airport Terminal Investment holding Singapore
#
#
81.9 83.2
Services Limited
SATS Catering Pte Ltd Infl ight catering services - do - 14.00 14.00 81.9 83.2
SATS Airport Services Pte Ltd Airport ground handling services - do - 16.50 16.50 81.9 83.2
SATS Security Services Pte Ltd Aviation security services - do - 3.00 3.00 81.9 83.2
Aero Laundry & Linen Services Providing and selling laundry and - do - 2.52 2.52 81.9 83.2
Pte Ltd linen services
Asia-Pacifi c Star Pte Ltd Dormant - do -
##
##
81.9 83.2
Aerolog Express Pte Ltd Air cargo delivery services - do - 1.26 1.26 57.4 58.2
Country Foods Pte Ltd Manufacturing of chilled, frozen and - do - 6.00 6.00 54.7 55.5
processed foods
SIA Engineering Company Limited Engineering services - do -
#
#
81.9 83.9
SIAEC Global Pte Ltd Investment holding - do -
##
##
81.9 83.9
Singapore Jamco Pte Ltd Manufacturing aircraft cabin - do - 3.82 3.82 53.2 54.5
equipment and refurbishment of
aircraft galley
Aviation Partnership (Philippines) Providing aircraft maintenance Philippines 2.76 2.76 41.8 42.8
Corporation* services, including technical and
non-technical handling at the airport
Aerospace Component Repair and overhaul of Singapore 9.74 9.74 41.8 42.8
Engineering Services hydro-mechanical equipment for
Boeing and Airbus aircraft
Singapore Airlines Cargo Pte Ltd Air cargo transportation - do - 1,405.00 1,405.00 100.0 100.0
Cargo Community Network Pte Ltd Provision and marketing of Cargo - do - 3.77 3.77 51.0 51.0
Community Systems
Cargo Community (Shanghai) Marketing and support of portal People’s 0.23 0.03 51.0 51.0
Co Ltd ** services for the air cargo industry Republic
of China
SilkAir (Singapore) Private Limited Air transportation Singapore 240.00 240.00 100.0 100.0
Tradewinds Tours & Travel Private Tour wholesaling Singapore 4.00 4.00 100.0 100.0
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 95.7 96.0
Emporium (Private) Limited
Abacus Travel Systems Pte Ltd Marketing of Abacus reservations - do - 2.44 2.44 61.0 61.0
systems
SIA (Mauritius) Ltd *** Pilot recruitment Mauritius
#
#
100.0 100.0
All the Singapore-incorporated subsidiary companies are audited by Ernst & Young, Singapore.
* Audited by SGV & Co, formerly known as Ernst & Young, Philippines.
** Audited by Baker Tilly.
*** Not required to be audited in country of incorporation.
# The value is $1.
## The value is $2.