Singapore Airlines 2014 Annual Report Download - page 169

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167
ANNUAL REPORT FY2013/14
23 Subsidiary Companies (in $ million) (continued)
(b)฀฀ Interest฀in฀subsidiary฀with฀material฀non-controlling฀interest฀(“NCI”)
The Group has the following subsidiary that has NCI that are material to the Group:
SIA Engineering Company
Group of Companies
2014 2013
Proportion of ownership interest held by NCI 22.0% 21.4%
Profit allocated to NCI during the reporting period 63.1 60.8
Accumulated NCI at the end of reporting period 328.9 304.8
Dividends paid to NCI 56.4 53.2
(c) Summarised financial information about subsidiary with material NCI
Summarised financial information including goodwill on acquisition and consolidation adjustments but before
intercompany eliminations of subsidiary with material non-controlling interests are as follows:
Summarised balance sheet
SIA Engineering Company
Group of Companies
31 March
2014 2013
Current
Assets 865.1 836.6
Liabilities (276.2) (278.2)
Net current assets 588.9 558.4
Non current
Assets 842.0 796.1
Liabilities (40.4) (25.3)
Net non current assets 801.6 770.8
Net assets 1,390.5 1,329.2
(d) Summarised statement of comprehensive income
SIA Engineering Company
Group of Companies
FY2013/14 FY2012/13
Revenue 1,178.2 1,146.7
Profit before income tax 294.0 297.0
Taxation (23.0) (22.8)
Profit after tax 271.0 274.2
Other comprehensive income 6.8 (5.0)
Total comprehensive income 277.8 269.2
(e) Other summarised information
SIA Engineering Company
Group of Companies
FY2013/14 FY2012/13
Net cash flow from operations 113.0 133.6
Acquisition of significant property, plant and equipment (67.9) (31.8)