Singapore Airlines 2014 Annual Report Download - page 208

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206
SINGAPORE AIRLINES
2013/14 2012/13 2011/12 2010/11 2009/10
PROFIT AND LOSS ACCOUNT ($ million)
Total revenue 15,243.9 15,098.2 14,857.8 14,524.8 12,707.3
Total expenditure (14,984.6) (14,869.0) (14,571.9) (13,253.5) (12,644.1)
Operating profit 259.3 229.2 285.9 1,271.3 63.2
Finance charges (37.3) (42.7) (74.3) (70.1) (68.9)
Interest income 62.7 62.5 50.5 37.3 49.5
Surplus/(Loss) on disposal of aircraft, spares
and spare engines 51.2 56.0 (1.4) 103.3 25.4
Dividend from long-term investments 19.6 27.3 18.0 23.8 33.0
Other non-operating items 1.9 11.9 48.8 80.1 34.2
Share of profits of joint venture companies 94.0 94.9 73.5 71.7 55.5
Share of (losses)/profits of associated companies (45.2) 50.4 37.7 87.9 79.8
Profit before exceptional items 406.2 489.5 438.7 1,605.3 271.7
Exceptional items
Gain on divestment of an associated company 371.5 - - - -
Impairment of freighters (293.4) - - - -
Impairment of property, plant and equipment of
Singapore Flying College (29.4) - - - -
Fines (87.0) (19.9) (5.4) (201.8) -
Profit before taxation 367.9 469.6 433.3 1,403.5 271.7
Profit attributable to owners of the Parent 359.5 378.9 335.9 1,092.0 215.8
STATEMENT OF FINANCIAL POSITION ($ million)
Share capital 1,856.1 1,856.1 1,856.1 1,832.4 1,750.6
Treasury shares (262.2) (269.8) (258.4) (43.0) (0.9)
Capital reserve 123.7 110.3 99.1 91.8 74.8
Foreign currency translation reserve (101.5) (191.8) (186.3) (186.1) (137.0)
Share-based compensation reserve 134.5 151.7 165.9 172.6 185.3
Fair value reserve (40.4) (27.1) (47.6) (138.0) (140.9)
General reserve 11,527.0 11,460.1 11,264.6 12,474.7 11,737.0
Equity attributable to owners of the Parent 13,237.2 13,089.5 12,893.4 14,204.4 13,468.9
Non-controlling interests 337.4 312.6 294.0 298.4 280.4
Total equity 13,574.6 13,402.1 13,187.4 14,502.8 13,749.3
Property, plant and equipment 13,026.7 13,098.0 13,381.4 13,877.6 15,063.9
Intangible assets 223.4 218.5 158.3 125.2 80.8
Associated companies 729.4 554.4 543.2 504.8 532.6
Joint venture companies 126.5 120.8 113.2 102.8 108.6
Long-term investments 1,125.2 706.9 373.7 35.3 35.3
Other non-current assets 100.6 230.0 267.3 119.6 114.4
Current assets 7,310.7 7,499.5 7,205.9 9,779.2 6,548.7
Total assets 22,642.5 22,428.1 22,043.0 24,544.5 22,484.3
Deferred account 226.4 146.7 224.4 347.1 480.7
Deferred taxation 1,788.9 1,948.2 2,029.1 2,181.1 2,296.6
Other non-current liabilities 1,661.2 1,529.5 1,337.1 1,281.2 1,438.1
Current liabilities 5,391.4 5,401.6 5,265.0 6,232.3 4,519.6
Total liabilities 9,067.9 9,026.0 8,855.6 10,041.7 8,735.0
Net assets 13,574.6 13,402.1 13,187.4 14,502.8 13,749.3
FIVE-YEAR FINANCIAL SUMMARY OF THE GROUP