Singapore Airlines 2010 Annual Report Download - page 189

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ANNUAL REPORT 2009/10
187
38 Financial Risk Management Objectives and Policies (in $ million) (continued)
(e) Liquidity risk (continued)
The maturity profile of the financial liabilities of the Group and the Company is as follows. The amounts disclosed
in the table are the contractual undiscounted cash flows. Balances due within 12 months approximate their
carrying amounts as the impact of discounting is insignificant.
More
Within 1 - 2 2 - 3 3 - 4 4 - 5 than
1 year years years years years 5 years Total
2010
The Group
Notes payable 37.4 928.0 - - - - 965.4
Finance lease commitments 78.2 80.4 82.5 83.3 64.3 106.3 495.0
Trade and other creditors 2,295.1 - - - - - 2,295.1
Amounts owing to associated
companies 2.0 - - - - - 2.0
Derivative financial instruments:
Currency hedging contracts 17.3 - - - - - 17.3
Fuel hedging contracts 112.9 - - - - - 112.9
Cross currency swap contracts 43.5 - - - - - 43.5
Interest rate swap contracts 29.9 - - - - - 29.9
2,616.3 1,008.4 82.5 83.3 64.3 106.3 3,961.1
The Company
Notes payable 37.4 928.0 - - - - 965.4
Trade and other creditors 1,755.5 - - - - - 1,755.5
Amounts owing to subsidiary
companies 1,298.0 - - - - - 1,298.0
Derivative financial instruments:
Currency hedging contracts 14.5 - - - - - 14.5
Fuel hedging contracts 93.6 - - - - - 93.6
Interest rate swap contracts 13.0 - - - - - 13.0
3,212.0 928.0 - - - - 4,140.0