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23 Subsidiary Companies (in $ million) (continued)
(c) Summarised financial information about subsidiary companies with material NCI
Summarised financial information including goodwill on acquisition and consolidation adjustments but before intercompany
eliminations of subsidiary companies with material non-controlling interests are as follows:
Summarised balance sheet
SIA Engineering Company
Group of Companies
Tiger Airways
Group of Companies
31 March 31 March
2015 2014 2015 2014*
Current
Assets 771.6 865.1 443.3 309.4
Liabilities (255.3) (276.2) (340.1) (323.8)
Net current assets/(liabilities) 516.3 588.9 103.2 (14.4)
Non-current
Assets 885.5 842.0 579.1 648.5
Liabilities (50.5) (40.4) (466.9) (355.4)
Net non-current assets 835.0 801.6 112.2 293.1
Net assets 1,351.3 1,390.5 215.4 278.7
* Tiger Airways Group of Companies was a material associated company in the previous financial year.
(d) Summarised statement of comprehensive income
SIA Engineering Company
Group of Companies
Tiger Airways
Group of Companies
FY2014/15 FY2013/14 FY2014/15 FY2013/14*
Revenue 1,119.7 1,178.2 677.4 746.5
Profit/(Loss) before income tax 207.1 294.0 (272.5) (231.6)
Taxation (20.0) (23.0) 8.3 8.6
Profit after tax 187.1 271.0 (264.2) (223.0)
Other comprehensive income 34.4 6.8 (25.0) 13.2
Total comprehensive income 221.5 277.8 (289.2) (209.8)
* Tiger Airways Group of companies was a material associated company in the previous financial year.
(e) Other summarised information
SIA Engineering Company
Group of Companies
Tiger Airways
Group of Companies
FY2014/15 FY2013/14 FY2014/15 FY2013/14*
Net cash flow from operations 96.1 113.0 28.7 (85.8)
Acquisition of significant property, plant and equipment (49.5) (67.9) (40.7) (365.2)
* Tiger Airways Group of Companies was a material associated company in the previous financial year.
Singapore Airlines | Annual Report FY2014/15 |165