Singapore Airlines 2007 Annual Report Download - page 52

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Singapore Airlines 50 Annual Report 2006-07
Performance of the Group (continued)
Capital Expenditure and Cash Flow of the Group
Capital expenditure was $3,027 million, 47.0 per cent higher than the year before. Internally generated cash fl ow of
$4,823 million (+55.5 per cent) was 1.59 times capital expenditure. The increase in internally generated cash fl ow was
driven primarily by higher proceeds from disposal of aircraft and other assets and higher cash generated from operations.
About 98 per cent of the capital spending was on aircraft, together with spare engines and components.
FINANCIAL REVIEW