Singapore Airlines 2008 Annual Report Download - page 150

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Singapore Airlines Annual Report 2007-08
148
37 Financial Risk Management Objectives and Policies (continued)
(f) Liquidity risk (continued)
The maturity profile of the financial liabilities of the Group and the Company is as follows. The amounts disclosed
in the table are the contractual undiscounted cash flows. Balances due within 12 months approximate their carrying
amounts as the impact of discounting is insignificant.
Within 1 - 2 2 - 3 3 - 4 4 - 5 More than
1 year years years years years 5 years Total
2008
The Group
Deferred credit - - 460.7 - - - 460.7
Notes payable - 200.0 - 900.0 - - 1,100.0
Obligations under finance leases 56.9 60.5 63.9 67.7 71.6 232.1 552.7
Loans 0.6 0.4 0.4 0.4 0.4 1.8 4.0
Trade and other creditors 3,061.9 - - - - - 3,061.9
Amounts owing to associated companies 1.2 - - - - - 1.2
Derivative financial instruments:
Forward currency contracts 91.2 - - - - - 91.2
Jet fuel swap contracts 0.4 - - - - - 0.4
Cross currency swap contracts 59.7 - - - - - 59.7
Interest rate swap contracts 19.9 - - - - - 19.9
3,291.8 260.9 525.0 968.1 72.0 233.9 5,351.7
The Company
Deferred credit - - 460.7 - - - 460.7
Notes payable - - - 900.0 - - 900.0
Trade and other creditors 2,316.4 - - - - - 2,316.4
Amounts owing to subsidiary companies 1,729.1 - - - - - 1,729.1
Derivative financial instruments:
Forward currency contracts 67.1 - - - - - 67.1
Jet fuel swap contracts 0.4 - - - - - 0.4
4,113.0 - 460.7 900.0 - - 5,473.7
NOTES TO THE FINANCIAL STATEMENTS
31 March 2008