Singapore Airlines 2009 Annual Report Download - page 60

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58
Performance of the Company (continued)
Operating Performance (continued)
Passenger Load Factor (%)
Change
2008-09 2007-08 % points
East Asia 72.0 75.8 – 3.8
Americas 76.2 81.1 – 4.9
Europe 80.2 84.5 – 4.3
South West Pacifi c 82.6 85.2 – 2.6
West Asia and Africa 69.1 73.8 – 4.7
Systemwide 76.5 80.3 – 3.8
Earnings
2008-09 2007-08 Change
$ million $ million %
Revenue 13,049.5 12,759.6 + 2.3
Expenditure (12,226.6) (11,115.6) + 10.0
Operating profi t 822.9 1,644.0 – 49.9
Finance charges (72.4) (99.7) – 27.4
Interest income 98.2 176.7 – 44.4
Surplus on disposal of aircraft, spares and spare engines 12.6 16.1 – 21.7
Dividends from subsidiary companies 340.3 249.8 + 36.2
Dividends from long-term investments, gross 10.6 18.8 – 43.6
Other non-operating items 40.2 71.9 – 44.1
Profi t before taxation 1,252.4 2,077.6 – 39.7
Taxation expense (147.7) (318.8) – 53.7
Adjustment for reduction in Singapore corporate tax rate 114.0 - n.m.
Profi t after taxation 1,218.7 1,758.8 – 30.7
n.m. not meaningful
FINANCIAL REVIEW