Singapore Airlines 2014 Annual Report Download - page 174

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172
NOTES TO THE FINANCIAL STATEMENTS
31 March 2014
SINGAPORE AIRLINES
24 Associated Companies (in $ million) (continued)
A reconciliation of the summarised financial information to the carrying amounts of Tiger Airways and ESA are as follows:
The Group
31 March
2014 2013
Tiger Airways
Group’s share of net assets 145.2 69.3
Goodwill on acquisition 83.9 -
229.1 69.3
ESA
Group’s share of net assets 144.9 138.5
Distributions of approximately $4.1 million and dividends of approximately $33.9 million were received from Tiger Airways
and ESA respectively during the financial year.
Aggregate information about the Group’s investment in associated companies that are not individually material are as follows:
The Group’s share of the assets and liabilities comprises:
The Group
31 March
2014 2013
Assets and liabilities
Current assets 194.1 192.4
Non-current assets 275.6 257.0
Total assets 469.7 449.4
Current liabilities (61.1) (47.4)
Non-current liabilities (53.2) (55.4)
Total liabilities (114.3) (102.8)
Shareholders’ equity 355.4 346.6
The Group’s share of the results is as follows:
The Group
FY2013/14 FY2012/13
Results
Profit after tax 34.7 33.6
Other comprehensive income 13.1 12.5
Total comprehensive income 47.8 46.1