Singapore Airlines 2015 Annual Report Download - page 138
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Notes to the Financial Statements
31 March 2015
5 Sta Costs (in $ million) (continued)
Share-based compensation expense (continued)
Share option plans (continued)
Movement of share options during the financial year
The following table illustrates the number and weighted average exercise prices of, and movements in, the ESOP during the
financial year:
FY2014/15 FY2013/14
Number
of options
Weighted
average
exercise price
Number
of options
Weighted
average
exercise price
Balance at 1 April 30,809,844 $12.16 33,731,970 $11.92
Cancelled (2,117,481) $12.06 (1,263,135) $11.43
Exercised (3,459,334) $8.29 (1,658,991) $7.91
Balance at 31 March 25,233,029 $12.42 30,809,844 $12.16
Exercisable at 31 March 25,233,029 $12.42 30,809,844 $12.16
The range of exercise prices for options outstanding at the end of the year is $8.02 to $15.46 (FY2013/14: $7.69 to $15.71).
Following the expiry of the share option plans in March 2009, the Company ceased to grant options under ESOP.
The weighted average share price for options exercised during the year was $10.76 (FY2013/14: $10.28). The weighted average
remaining contractual life for these options is 2.21 years (FY2013/14: 2.95 years).
136 FINANCIAL