Singapore Airlines 2008 Annual Report Download - page 132

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Singapore Airlines Annual Report 2007-08
130
20 Property, Plant and Equipment (in $ million) (continued)
The Company (continued)
Disposals/
1 April 06 Additions Transfers Impairment 31 March 07
Cost
Aircraft 13,132.5 2,421.4 (1,749.9) - 13,804.0
Aircraft spares 738.8 46.7 (26.2) - 759.3
Aircraft spare engines 386.2 50.5 (108.8) - 327.9
Freehold land 15.7 - - - 15.7
Freehold buildings 210.0 - (50.9) - 159.1
Leasehold land and buildings 536.8 0.2 (179.5) - 357.5
Plant and equipment 400.1 6.3 (42.0) - 364.4
Office and computer equipment 312.2 8.5 (35.0) - 285.7
15,732.3 2,533.6 (2,192.3) - 16,073.6
Advance and progress payments 1,955.4 2,235.8 (2,002.9) - 2,188.3
17,687.7 4,769.4 (4,195.2) - 18,261.9
Accumulated depreciation and impairment
Aircraft 4,437.9 864.6 (1,234.4) - 4,068.1
Aircraft spares 490.8 17.2 (15.3) 0.6 493.3
Aircraft spare engines 177.9 34.3 (86.6) - 125.6
Freehold buildings 131.1 5.9 (37.8) - 99.2
Leasehold land and buildings 334.4 11.5 (60.7) - 285.2
Plant and equipment 331.9 22.5 (41.9) - 312.5
Office and computer equipment 289.3 13.1 (33.8) - 268.6
6,193.3 969.1 (1,510.5) 0.6 5,652.5
Net book value 11,494.4 12,609.4
Net Book Value
31 March 08 31 March 07
Aircraft 10,193.7 9,735.9
Aircraft spares 267.7 266.0
Aircraft spare engines 247.1 202.3
Freehold land 15.7 15.7
Freehold buildings 52.8 59.9
Leasehold land and buildings 63.7 72.3
Plant and equipment 80.0 51.9
Office and computer equipment 42.1 17.1
10,962.8 10,421.1
Advance and progress payments 2,096.2 2,188.3
13,059.0 12,609.4
The Group
31 March
2008 2007
Net book value of fixed assets acquired under finance leases:
- aircraft 858.1 925.4
- plant and equipment 0.2 -
- factory building 67.1 76.2
925.4 1,001.6
Advance and progress payments comprise mainly purchases of aircraft, related equipment and building projects.
NOTES TO THE FINANCIAL STATEMENTS
31 March 2008