Singapore Airlines 2010 Annual Report Download - page 167
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ANNUAL REPORT 2009/10
165
26 Other Non-Current Assets (in $ million)
The Group The Company
31 March 31 March
2010 2009 2010 2009
Other receivables 114.4 391.6 114.4 391.6
Investments in companies pending incorporation - 12.0 - -
114.4 403.6 114.4 391.6
The Group’s other receivables are stated at amortised cost and are expected to be received over a period of 2 to
10 years. As at 31 March 2010 and 31 March 2009, the entire balance of other receivables is denominated in USD.
The remaining non-current assets as at the end of the previous financial year was related to capital expenditure
incurred by SATS for the setting up of associated companies which were not legally incorporated as at 31 March 2009.
27 Inventories (in $ million)
The Group The Company
31 March 31 March
2010 2009 2010 2009
Technical stocks and stores 368.5 383.4 297.7 321.4
Catering and general stocks 17.1 70.8 12.1 17.3
Work-in-progress 43.9 49.0 - -
Total inventories at lower of cost and net realisable value 429.5 503.2 309.8 338.7
The cost of inventories recognised as an expense amounts to $106.6 million (2008-09: $107.7 million). In addition,
the Group wrote down $7.4 million (2008-09: $22.7 million) of inventories which are recognised as other operating
expenses in the profit and loss account.