Singapore Airlines 2010 Annual Report Download - page 128

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SINGAPORE AIRLINES
126
notes to the financial statements
31 march 2010
5 Staff Costs (in $ million) (continued)
Share-based compensation expense (continued)
Share option plans (continued)
Movement of share options during the financial year
The following table illustrates the number and weighted average exercise prices of, and movements in, the ESOP during
the financial year:
2009-10 2008-09
Weighted Weighted
Number of average Number of average
options exercise price options exercise price
Balance at 1 April 63,383,492 $ 13.88 56,670,796 $13.53
Granted - - 12,836,062 $14.83
Cancelled (2,543,095) $ 13.21 (2,491,890) $14.28
Exercised (8,429,077) $ 11.68 (3,631,476) $11.51
Balance at 31 March 52,411,320 $ 9.22 63,383,492 $13.88
Exercisable at 31 March 37,888,409 $ 8.54 36,174,505 $12.57
The range of exercise prices for options outstanding at the end of the year is $8.13 to $16.51 (2008-09: $9.84 to $18.22).
Following the expiry of the share option plans in March 2009, the Company ceased to grant options under ESOP.
The weighted average fair value of options granted during the previous financial year was $1.95. The weighted average
share price for options exercised during the year was $13.45 (2008-09: $13.23). The weighted average remaining
contractual life for these options is 5.75 years (2008-09: 6.21 years).