Singapore Airlines 2013 Annual Report Download - page 163

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161
ANNUAL REPORT 2012/13
24 Associated Companies (in $ million) (continued)
The associated companies at 31 March are:
Percentage of
Country of equity held by
incorporation and the Group
Principal activities place of business 2013 2012
International Aerospace Tubes-Asia Repair of tubes, ducts and manifolds - do - 26.2 26.4
Pte Ltd^++ for aircraft engines and airframe
application
Asian Compressor Technology Repair and overhaul of aircraft engine Taiwan 19.3 19.4
Services Co Ltd^^++ high pressure compressor stators
Turbine Coating Services Repair and overhaul of aircraft engine Singapore 19.3 19.4
Private Ltd^+++ turbine airfoils
PT Purosani Sri Persada Hotel ownership and management Indonesia - 20.0
Great Wall Airlines Company Limited#++ Under liquidation People’s 25.0 25.0
Republic of
China
@ Audited by Ernst & Young LLP, Singapore
@@ Audited by member firms of Deloitte & Touche
@@@ Audited by RSM Chio Lim, Singapore
@@@@ Audited by BDO Limited, Hong Kong
* Audited by member firms of KPMG
** Audited by KPMG, Singapore
^ Audited by Pricewaterhouse Coopers LLP, Singapore
^^ Audited by member firms of Pricewaterhouse Coopers
# Audited by Shanghai Linfang Certified Public Accountants Co., Ltd, China
+ Financial year end 28 February
++ Financial year end 31 December
+++ Financial year end 30 November
25 Joint Venture Companies (in $ million)
The Group
31 March
2013 2012
Investment in joint venture companies (unquoted, at cost) 56.6 56.6
Share of post-acquisition reserves
- general reserve 90.0 82.2
- share of other comprehensive income - (0.5)
- foreign currency translation reserve (25.8) (25.1)
120.8 113.2