Singapore Airlines 2015 Annual Report Download - page 172
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Notes to the Financial Statements
31 March 2015
24 Associated Companies (in $ million) (continued)
Country of
incorporation
and place of
business
Percentage
of equity held
by the Group
Principal activities 2015 2014
Jamco Singapore Pte Ltd(1)@ Manufacturing aircraft cabin equipment
and refurbishment of aircraft galleys
Singapore 15.5 –
(1) Held by SIA Engineering Company
(2) The company is considered an associated company of the Group by virtue of the significant influence over financial and operating policies of the
company through representation on the Board
(3) Held by Singapore Airlines Cargo
@ Audited by Ernst & Young LLP, Singapore
@@ Audited by member firms of Deloitte & Touche
@@@ Audited by RSM Chio Lim, Singapore
@@@@ Audited by BDO Limited, Hong Kong
* Audited by member firms of KPMG
** Audited by KPMG, Singapore
^ Audited by Pricewaterhouse Coopers LLP, Singapore
^^ Audited by member firms of Pricewaterhouse Coopers
# Audited by Shanghai Linfang Certified Public Accountants Co., Ltd, China
+ Financial year end 28 February
++ Financial year end 31 December
+++ Financial year end 30 November
The carrying amounts of the investment in associated companies are as follows:
The Group
31 March
2015 2014
Tiger Airways Holdings Limited (“Tiger Airways”) – 229.1
Virgin Australia Holdings Limited (“VAH”) 401.2 –
Eagle Services Asia Private Limited (“ESA”) 147.3 144.9
Other associated companies 373.7 355.4
922.2 729.4
The activities of the associated companies are strategic to the Group’s activities.
170 FINANCIAL