Singapore Airlines 2014 Annual Report Download - page 201
Download and view the complete annual report
Please find page 201 of the 2014 Singapore Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191 -
192 -
193 -
194 -
195 -
196 -
197 -
198 -
199 -
200 -
201 -
202 -
203 -
204 -
205 -
206 -
207 -
208 -
209 -
210 -
211 -
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
 |
 |
199
ANNUAL REPORT FY2013/14
38 FinancialRiskManagementObjectivesandPolicies(in$million)(continued)
(g) Counterparty risk (continued)
The Group determines concentrations of credit risk by monitoring the industry, country and credit rating of its
counterparties. The table below shows an analysis of credit risk exposures of balances that exceed 5% of the financial
assets of the Group and the Company as at 31 March:
The Group The Company
Outstanding Percentage of total Outstanding Percentage of total
balance financial assets balance financial assets
2014 2013 2014 2013 2014 2013 2014 2013
Counterparty profiles
By industry:
Travel agencies 534.8 632.0 6.5% 7.9% 288.4 349.1 3.7% 4.8%
Airlines 587.5 381.1 7.2% 4.7% 1,017.7 179.0 13.0% 2.4%
Financial institutions 5,302.7 5,518.9 64.8% 68.6% 5,034.7 5,279.4 64.0% 71.8%
Others 1,188.8 812.9 14.6% 10.1% 1,041.2 734.5 13.2% 10.0%
7,613.8 7,344.9 93.1% 91.3% 7,382.0 6,542.0 93.9% 89.0%
By region:
East Asia 4,923.5 4,779.5 60.2% 59.4% 4,958.8 4,241.4 63.1% 57.7%
Europe 951.5 744.8 11.6% 9.2% 807.0 610.4 10.3% 8.3%
South West Pacific 1,405.1 1,525.0 17.2% 19.0% 1,373.9 1,487.1 17.5% 20.2%
Americas 236.2 190.6 2.9% 2.4% 182.5 140.5 2.3% 1.9%
West Asia and Africa 97.5 105.0 1.2% 1.3% 59.8 62.6 0.7% 0.9%
7,613.8 7,344.9 93.1% 91.3% 7,382.0 6,542.0 93.9% 89.0%
By Moody’s credit ratings:
Investment grade (A to Aaa) 5,501.5 5,513.6 67.3% 68.5% 5,257.5 5,294.2 66.9% 72.0%
Investment grade (Baa) 2.0 1.1 0.0% 0.0% 0.7 0.4 0.0% 0.0%
Non-rated 2,110.3 1,830.2 25.8% 22.8% 2,123.8 1,247.4 27.0% 17.0%
7,613.8 7,344.9 93.1% 91.3% 7,382.0 6,542.0 93.9% 89.0%