Singapore Airlines 2012 Annual Report Download - page 157

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155ANNUAL REPORT 2011/2012
Notes to the Financial Statements
31 March 2012
23 Subsidiary Companies (in $ million) (continued)
The subsidiary companies at 31 March are:
Percentage of
Country of equity held by
incorporation and the Group
Principal activities place of business 2012 2011
SIA Engineering Company Limited Engineering services Singapore 79.3 79.7
Aircraft Maintenance Services Australia Provide aircraft maintenance services, Australia 79.3 79.7
Pty Ltd* including technical and non-technical
handling at the airport
NexGen Network (1) Holding Pte Ltd Investment holding Singapore 79.3 79.7
NexGen Network (2) Holding Pte Ltd Investment holding - do - 79.3 79.7
SIA Engineering (USA), Inc.@ Provide aircraft maintenance services, United States 79.3 79.7
including technical and non-technical of America
handling at the airport
SIAEC Global Pte Ltd Investment holding Singapore 79.3 79.7
SIA Engineering (Philippines) Provide airframe maintenance and Philippines 51.6 51.8
Corporation* component overhaul services
Singapore Jamco Pte Ltd Manufacturing aircraft cabin Singapore 51.6 51.8
equipment and refurbishment of
aircraft galleys
Aerospace Component Engineering Repair and overhaul of hydro- - do - 40.5 40.7
Services Pte Limited mechanical equipment for Boeing
and Airbus aircraft
Aviation Partnership (Philippines) Providing aircraft maintenance services Philippines 40.5 40.7
Corporation* including technical and non-technical
handling at the airport
Singapore Airlines Cargo Pte Ltd Air cargo transportation Singapore 100.0 100.0
Cargo Community Network Pte Ltd Providing and marketing of cargo - do - 51.0 51.0
community systems
Cargo Community (Shanghai) Marketing and support of portal People’s Republic 51.0 51.0
Co Ltd** services for the air cargo industry of China
SilkAir (Singapore) Private Limited Air transportation Singapore 100.0 100.0
Scoot Pte. Ltd. Air transportation - do - 100.0 -
Tradewinds Tours & Travel Tour wholesaling - do - 100.0 100.0
Private Limited
Singapore Aviation and General Aviation insurance - do - 100.0 100.0
Insurance Company (Pte) Limited
SIA Properties (Pte) Ltd Inactive - do - 100.0 100.0
Singapore Flying College Pte Ltd Training of pilots - do - 100.0 100.0
Sing-Bi Funds Private Limited Inactive - do - 100.0 100.0
Singapore Airport Duty-Free Inactive - do - 76.0 76.0
Emporium (Private) Limited
Abacus Travel Systems Pte Ltd Marketing of Abacus Computer - do - 61.0 61.0
reservations systems
SIA (Mauritius) Ltd@ Pilot recruitment Mauritius 100.0 100.0
All the Singapore-incorporated subsidiary companies are audited by Ernst & Young LLP, Singapore
* Audited by member firms of Ernst & Young Global in the respective countries
** Audited by Grant Thornton
@ Not required to be audited under the law in country of incorporation