Singapore Airlines 2008 Annual Report Download - page 84

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Singapore Airlines Annual Report 2007-08
82
The Group The Company
Notes 2008 2007 2008 2007
EQUITY ATTRIBUTABLE TO
EQUITY HOLDERS OF THE COMPANY
Share capital 14 1,682.0 1,494.9 1,682.0 1,494.9
Treasury shares 15 (33.2) - (33.2) -
Capital reserve 16 (a) 95.6 44.9 - -
Foreign currency translation reserve 16 (b) (130.7) (59.5) - -
Share-based compensation reserve 16 (c) 136.4 97.3 98.6 71.2
Fair value reserve 16 (d) 443.4 (45.5) 198.6 (18.1)
General reserve 12,931.7 13,567.9 11,589.7 12,544.1
15,125.2 15,100.0 13,535.7 14,092.1
MINORITY INTERESTS 503.7 443.3 - -
TOTAL EQUITY 15,628.9 15,543.3 13,535.7 14,092.1
DEFERRED ACCOUNT 17 787.3 973.6 660.0 810.8
DEFERRED TAXATION 18 2,542.1 2,410.9 2,101.9 1,981.5
LONG-TERM LIABILITIES 19 1,599.2 1,805.8 900.0 900.0
20,557.5 20,733.6 17,197.6 17,784.4
Represented by:
PROPERTY, PLANT AND EQUIPMENT 20
Aircraft, spares and spare engines 13,182.2 12,944.3 10,708.5 10,204.2
Land and buildings 729.3 793.4 132.2 147.9
Others 2,562.6 2,574.0 2,218.3 2,257.3
16,474.1 16,311.7 13,059.0 12,609.4
INTANGIBLE ASSETS 21 106.6 100.2 79.0 67.0
SUBSIDIARY COMPANIES 22 - - 1,780.8 1,893.1
ASSOCIATED COMPANIES 23 1,121.0 897.5 1,722.2 1,722.2
JOINT VENTURE COMPANIES 24 95.1 86.6 - -
LONG-TERM INVESTMENTS 25 43.3 43.3 18.9 18.9
OTHER NON-CURRENT ASSETS 26 361.8 303.9 353.6 303.9
CURRENT ASSETS
Section 44 tax prepayments - 46.7 - 46.7
Inventories 27 507.7 534.1 406.3 452.5
Trade debtors 28 2,043.8 1,737.7 1,433.4 1,252.0
Deposits and other debtors 29 73.1 128.7 37.7 105.8
Prepayments 104.9 86.1 90.2 71.3
Amounts owing by subsidiary companies 22 - - 227.4 215.4
Amounts owing by associated companies 23 0.5 1.9 - -
Investments 30 464.3 596.0 360.9 467.0
Cash and bank balances 31 5,119.0 5,117.6 4,216.7 4,627.5
8,313.3 8,248.8 6,772.6 7,238.2
Less: CURRENT LIABILITIES
Sales in advance of carriage 1,680.3 1,392.9 1,647.0 1,365.1
Deferred revenue 435.7 388.3 435.7 388.3
Current tax payable 415.1 317.9 282.7 158.7
Trade and other creditors 32 3,367.9 3,061.8 2,494.0 2,164.7
Amounts owing to subsidiary companies 22 - - 1,729.1 1,967.6
Amounts owing to associated companies 23 1.2 - - -
Finance lease commitments-repayable within one year 19 56.9 60.8 - -
Loans-repayable within one year 19 0.6 12.8 - -
Bank overdrafts 33 - 23.9 - 23.9
5,957.7 5,258.4 6,588.5 6,068.3
NET CURRENT ASSETS 2,355.6 2,990.4 184.1 1,169.9
20,557.5 20,733.6 17,197.6 17,784.4
The notes on pages 88 to 160 form an integral part of these financial statements.
BALANCE SHEETS
At 31 March 2008 (in $ million)