Singapore Airlines 2007 Annual Report Download - page 50

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Singapore Airlines 48 Annual Report 2006-07
Performance of the Group (continued)
Group Earnings (continued)
Profi tability ratios of the Group are as follows:
2006-07 2005-06 Change
% % % points
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Return on turnover 15.2 9.8 + 5.4
Return on average total assets 8.9 5.8 + 3.1
Return on average equity holders’ funds 14.9 9.6 + 5.3
–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
Financial Position of the Group
The Group’s total assets stood at $25,992 million as at 31 March 2007, up 11.2 per cent from a year ago. Net asset value
per share improved 10.1 per cent to $12.11.
Equity holders’ funds increased 12.1 per cent to $15,100 million as at 31 March 2007, mainly attributable to profi t for the
fi nancial year, partially offset by payment of fi nal dividend of 35 cents per share in respect of fi nancial year 2005-06 and
interim dividend of 15 cents per share in respect of fi nancial year 2006-07.
FINANCIAL REVIEW