Singapore Airlines 2009 Annual Report Download - page 97
Download and view the complete annual report
Please find page 97 of the 2009 Singapore Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
 |
 |
95
2 Accounting Policies (continued)
(b) New and revised standards (continued)
Effective date
(Annual periods beginning on or after)
Improvements to FRSs 1 January 2009
(unless otherwise stated)
Revised FRS 1 Presentation of Financial Statements 1 January 2009
FRS 108 Operating Segments 1 January 2009
Amendments to FRS 23 Borrowing Costs 1 January 2009
Amendments to FRS 32 and FRS 1 Puttable Financial Instruments 1 January 2009
and Obligations Arising on Liquidation
Amendments to FRS 39 Eligible Hedged Items 1 July 2009
Amendments to FRS 101 and FRS 27 Cost of an Investment in a 1 January 2009
Subsidiary, Jointly Controlled Entity or Associate
Amendments to FRS 102 Vesting Conditions and Cancellations 1 January 2009
Amendments to FRS 107 Improving Disclosures about Financial Instruments 1 January 2009
Amendments to INT FRS 109 and FRS 39 Embedded Derivatives 1 July 2009
INT FRS 113 Customer Loyalty Programmes 1 July 2008
INT FRS 116 Hedges of a Net Investment in a Foreign Operation 1 October 2008
INT FRS 117 Distributions of Non-cash Assets to Owners 1 July 2009
INT FRS 118 Transfer of Assets from Customers 1 July 2009
The management expects that the adoption of the above pronouncements will have no material impact
to the fi nancial statements in the period of initial application except for the following:
FRS 1: Presentation of Financial Statements
The revised FRS 1 requires owner and non-owner changes in equity to be presented separately.
The statement of changes in equity will include only details of transactions with owners, with all non-
owner changes in equity presented as a single line item. In addition, the revised standard introduces
the statement of comprehensive income: it presents all items of income and expense recognised in
profi t or loss, together with all other items of recognised income and expense, either in one single
statement, or in two linked statements.
This is a disclosure standard with no impact on the fi nancial position or fi nancial performance of the Group.
FRS 108: Operating Segments
FRS 108 requires the disclosure of segment information based on the information reviewed by the
Group’s chief operating decision maker. As this is a disclosure standard, there will be no impact on the
fi nancial position or fi nancial performance of the Group.