Singapore Airlines 2014 Annual Report Download - page 172

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170
NOTES TO THE FINANCIAL STATEMENTS
31 March 2014
SINGAPORE AIRLINES
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 2014 2013
International Aerospace Tubes-Asia Repair of tubes, ducts and manifolds - do - 26.0 26.2
Pte Ltd(1)^++ for aircraft engines and airframe
application
Asian Compressor Technology Repair and overhaul of aircraft engine Taiwan 19.1 19.3
Services Co Ltd(1)(2)^^++ high pressure compressor stators
Turbine Coating Services Private Repair and overhaul of aircraft engine Singapore 19.1 19.3
Ltd(1)(2)^+++ turbine airfoils
Tata SIA Airlines Limited Domestic and international full service India 49.0 -
scheduled passenger airlines
services
Great Wall Airlines Company Under liquidation People’s Republic 25.0 25.0
Limited(3)#++ of China
Virgin Atlantic Limited*+ Air transportation United Kingdom - 49.0
(1) Held by SIA Engineering Company
(2) The company is considered an associated company of the Group by virtue of the significant influence over financial and operating
policies of the company through representation on the Board
(3) Held by Singapore Airlines Cargo
@ 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