Singapore Airlines 2009 Annual Report Download - page 132

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130
13 Share Capital (in $ million) (continued)
Share option plans (continued)
Information with respect to the number of options granted under the respective Employee Share Option Plans
is as follows:
SIA ESOP
2008-09 2007-08
Weighted Weighted
Number of average Number of average
options exercise price options exercise price
Balance at 1 April 56,670,796 $13.53 68,338,907 $12.96
Granted 12,836,062 $14.83 12,324,345 $18.22
Cancelled (2,491,890) $14.28 (1,275,363) $13.95
Exercised (3,631,476) $11.51 (22,717,093) $13.25
Balance at 31 March 63,383,492 $13.88 56,670,796 $13.53
Exercisable at 31 March 36,174,505 $12.57 29,277,185 $12.59
The range of exercise prices for options outstanding at the end of the year is $9.84 to $18.22 (2007-08:
$9.84 to $18.22).
The weighted average fair value of options granted during the year was $1.95 (2007-08: $4.56). The weighted
average share price for options exercised during the year was $13.23 (2007-08: $17.85). The weighted
average remaining contractual life for these options is 6.21 years (2007-08: 6.38 years).
SATS ESOP
2008-09 2007-08
Weighted Weighted
Number of average Number of average
options exercise price options exercise price
Balance at 1 April 55,873,275 $2.28 57,508,655 $2.04
Granted 13,517,300 $2.17 14,093,000 $3.01
Cancelled (2,031,550) $2.02 (1,018,320) $2.11
Exercised (357,700) $1.92 (14,710,060) $2.04
Balance at 31 March 67,001,325 $2.27 55,873,275 $2.28
Exercisable at 31 March 39,201,075 $2.04 26,550,137 $2.03
The range of exercise prices for options outstanding at the end of the year is $1.19 to $3.01 (2007-08:
$1.19 to $3.01).
The weighted average fair value of options granted during the year was $0.36 (2007-09: $0.72). The weighted
average share price for options exercised during the year was $2.17 (2007-08: $3.09). The weighted average
remaining contractual life for these options is 6.74 years (2007-08: 7.02 years).
NOTES TO THE FINANCIAL STATEMENTS
31 March 2009