Singapore Airlines 2014 Annual Report Download - page 82

Download and view the complete annual report

Please find page 82 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.

Page out of 220

  • 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

080
SINGAPORE AIRLINES
Performance of the Company (continued)
Earnings
2013/14 2012/13
฀ ฀ ฀ $฀million฀ $฀million฀฀ %฀ Change
Revenue 12,479.7 12,387.0 + 0.7
Expenditure 12,224.1 12,199.8 + 0.2
Operating profit 255.6 187.2 + 36.5
Finance charges (33.6) (36.1) + 6.9
Interest income 64.3 61.8 + 4.0
Surplus on disposal of aircraft, spares and spare engines 45.6 72.5 - 37.1
Dividends from subsidiary and associated companies 211.5 199.8 + 5.9
Dividends from long-term investments 5.4 9.3 - 41.9
Other non-operating items (52.7) (1,176.9) + 95.5
Profit/(Loss) before exceptional items 496.1 (682.4) n.m.
Exceptional items R5 40.3 - n.m.
Profit/(Loss) before taxation 536.4 (682.4) n.m.
Taxation 2.1 (11.7) n.m.
Profit/(Loss) after taxation 538.5 (694.1) n.m.
n.m. not meaningful
R5 Pertained to gain on sale of the 49 per cent equity stake in Virgin Atlantic Limited.
Company Revenue and Expenditure
$ Million
15,000
12,000
9,000
6,000
3,000
0
15,000
12,000
9,000
6,000
3,000
0
$ Million
2009/10 2010/11 2011/12 2012/13
Revenue ($ Million)
Expenditure ($ Million)
FINANCIAL REVIEW
2013/14