Singapore Airlines 2011 Annual Report Download - page 89

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ANNUAL REPORT 2010/2011 087
CONSOLIDATED PROFIT AND LOSS ACCOUNT
For The Financial Year Ended 31 March 2011 (in $ million)
The Group
Notes 2010-11 2009-10
REVENUE 14,524.8 12,707.3
EXPENDITURE
Staff costs 5 2,218.4 2,159.4
Fuel costs 4,575.3 4,194.5
Depreciation 21 1,671.7 1,713.8
Impairment of property, plant and equipment 21 15.7 6.1
Amortisation of intangible assets 22 24.3 42.7
Aircraft maintenance and overhaul costs 402.8 342.4
Commission and incentives 402.8 316.5
Landing, parking and overflying charges 613.2 588.6
Handling charges 951.7 784.9
Rentals on leased aircraft 581.8 552.9
Material costs 223.9 375.4
Inflight meals 433.4 347.7
Advertising and sales costs 191.4 210.3
Insurance expenses 51.0 57.6
Company accomodation and utilities 112.8 142.0
Other passenger costs 145.4 130.4
Crew expenses 133.7 153.4
Other operating expenses 504.2 525.5
13,253.5 12,644.1
OPERATING PROFIT 6 1,271.3 63.2
Finance charges 7 (70.1) (68.9)
Interest income 8 37.3 49.5
Surplus on disposal of aircraft, spares and spare engines 103.3 25.4
Dividends from long-term investments 23.8 33.0
Other non-operating items 9 80.1 34.2
Share of profits of joint venture companies 25 74.6 56.1
Share of profits of associated companies 100.5 93.0
PROFIT BEFORE EXCEPTIONAL ITEMS 1,620.8 285.5
EXCEPTIONAL ITEMS 10 (201.8) -
PROFIT BEFORE TAXATION 1,419.0 285.5
TAXATION 11 (270.2) (6.0)
PROFIT FOR THE FINANCIAL YEAR 1,148.8 279.5
PROFIT ATTRIBUTABLE TO:
OWNERS OF THE PARENT 1,092.0 215.8
NON-CONTROLLING INTERESTS 56.8 63.7
1,148.8 279.5
BASIC EARNINGS PER SHARE (CENTS) 12 91.4 18.2
DILUTED EARNINGS PER SHARE (CENTS) 12 90.2 18.0
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.