Singapore Airlines 2011 Annual Report Download - page 161

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ANNUAL REPORT 2010/2011 159
NOTES TO THE FINANCIAL STATEMENTS
31 March 2011
26 Long-Term Investments (in $ million)
The Group The Company
31 March 31 March
2011 2010 2011 2010
Unquoted equity investments 44.5 44.5 28.0 28.0
Accumulated impairment loss (9.2) (9.2) (9.2) (9.2)
35.3 35.3 18.8 18.8
Accumulated impairment loss:
Balance at 1 April and 31 March 9.2 9.2 9.2 9.2
27 Other Receivables (in $ million)
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 2011 and 31 March 2010, the entire balance of other receivables is
denominated in USD.
28 Inventories (in $ million)
The Group The Company
31 March 31 March
2011 2010 2011 2010
Technical stocks and stores 316.7 368.5 240.5 297.7
Catering and general stocks 18.8 17.1 13.4 12.1
Work-in-progress 54.0 43.9 - -
Total inventories at lower of cost and net
realisable value 389.5 429.5 253.9 309.8
The cost of inventories recognised as an expense amounts to $93.6 million (2009-10: $106.6 million).
In addition, the Group wrote down $32.8 million (2009-10: $7.4 million) of inventories which are recognised
as other operating expenses in the profit and loss account.