Singapore Airlines 2012 Annual Report Download - page 188
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186 SINGAPORE AIRLINES
Notes to the Financial Statements
31 March 2012
40 Related Party Transactions (in $ million) (continued)
In addition to the related party information disclosed elsewhere in the financial statements, these were the following
significant related party transactions which were carried out in the normal course of business on terms that prevail in arm’s
length transactions during the financial year:
The Group
2011-12 2010-11
Purchases of services from associated companies 124.1 30.0
Services rendered to associated companies (12.6) (23.0)
Purchases of services from joint venture companies 2.9 0.5
Services rendered to joint venture companies (11.5) (11.9)
Purchases of services from related parties 1,033.1 932.5
Professional fees paid to a firm of which a director is a member 0.3 0.5
Director’s and key executives’ remuneration of the Company
The Company
2011-12 2010-11
Directors
Salary, bonuses and other costs 3.2 3.6
CPF and other defined contributions * *
Share-based compensation expense 1.3 1.4
4.5 5.0
Key executives (excluding executive directors)
Salary, bonuses and other costs 2.7 2.3
CPF and other defined contributions * *
Share-based compensation expense 2.1 2.6
4.8 4.9
* Amount less than $0.1 million
Share options granted to and exercised by director and key executives of the Company are as follows:
Aggregate options Aggregate options Aggregate
granted since exercised since options
commencement of commencement of outstanding
scheme up to end scheme up to end at end of
of financial year of financial year financial year
Name of participant under review under review under review
Goh Choon Phong 444,075 124,800 319,275
Mak Swee Wah 362,750 156,650 206,100
Ng Chin Hwee 214,025 157,700 56,325