Singapore Airlines 2014 Annual Report Download - page 150

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148
NOTES TO THE FINANCIAL STATEMENTS
31 March 2014
SINGAPORE AIRLINES
6 Operating Profit (in $ million)
Operating profit for the financial year was arrived at after charging/(crediting):
The Group
FY2013/14 FY2012/13
Compensation for changes in aircraft delivery slots (125.8) -
Interest income from short-term investments (0.7) (0.7)
Dividend income from short-term investments (0.9) (1.0)
(Surplus)/Loss on disposal of short-term investments (0.6) 1.1
Income from operating lease of aircraft (73.3) (92.2)
Amortisation of deferred (gain)/loss on sale and operating leaseback transactions (12.6) 3.3
Bad debts written off 0.4 0.5
Impairment/(Write-back of impairment) of trade debtors 1.1 (8.8)
Remuneration for auditors of the Company
Audit fees 1.6 1.5
Non-audit fees 0.7 0.5
Exchange loss, net 74.5 82.5
Currency hedging gain (50.5) (29.4)
Fuel hedging gain recognised in “Fuel costs” (74.2) (33.8)
Ineffectiveness of fuel hedging contracts recognised in “Fuel Costs” (13.2) -
7 Finance Charges (in $ million)
The Group
FY2013/14 FY2012/13
Notes payable 22.5 22.5
Other receivables measured at amortised cost 7.8 10.1
Finance lease commitments 3.3 6.1
Realised loss on interest rate swap contracts accounted as cash flow hedges 3.4 4.6
Fair value gain on interest rate swap contracts accounted as fair value through profit or loss (0.6) (1.2)
Commitment fees 0.9 0.6
37.3 42.7
8 Interest Income (in $ million)
The Group
FY2013/14 FY2012/13
Interest income from fixed deposits and investments 49.6 40.1
Amortised interest income from other receivables 12.6 12.7
Others 0.5 9.7
62.7 62.5
9฀ Other฀Non-Operating฀Items฀(in฀$฀million)
The Group
FY2013/14 FY2012/13
Surplus on disposal of other property, plant and equipment 1.7 0.6
Gain on liquidation of a subsidiary company 0.2 -
Gain on disposal of an associated company - 8.3
Dividends from an associated company - 2.7
Recognition of liquidated damages - 0.3
1.9 11.9