Singapore Airlines 2015 Annual Report Download - page 181

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31 Investments (in $ million)
The Group The Company
31 March 31 March
2015 2014 2015 2014
Available-for-sale investments
Quoted
Government securities 8.0 3.1 – –
Equity investments 37.7 32.4 – –
Non-equity investments 118.3 186.2 98.1 167.6
164.0 221.7 98.1 167.6
Unquoted
Non-equity investments – 30.3 – 30.3
164.0 252.0 98.1 197.9
Held-to-maturity investments
Quoted non-equity investments 4.6 35.4 4.6 35.4
168.6 287.4 102.7 233.3
The Group’s non-equity investments comprise investments in government securities, corporate bonds, credit-linked notes and
money market funds.
The interest rates for quoted government securities range from 0.76% to 4.63% (FY2013/14: 1.63% to 4.00%) per annum. The
interest rates for quoted non-equity investments range from 1.30% to 4.47% (FY2013/14: 0.76% to 5.88%) per annum.
32 Cash and Bank Balances (in $ million)
The Group The Company
31 March 31 March
2015 2014 2015 2014
Fixed deposits 4,246.2 4,309.1 4,219.0 4,283.5
Cash and bank 1,007.9 574.8 427.5 340.3
5,254.1 4,883.9 4,646.5 4,623.8
As at 31 March 2015, the composition of cash and bank balances held in foreign currencies by the Group is as follows: USD – 16.1%
(2014: 15.7%), EUR – 1.0% (2014: 2.1%) and AUD – 1.5% (2014: 1.7%).
Cash at bank earns interest at floating rates based on daily bank deposit rates ranging from 0.01% to 2.55% (FY2013/14: 0.06%
to 3.51%) per annum. Short-term deposits are made for varying periods of between one day and one year depending on the
immediate cash requirements of the Group, and earn interest at the respective short-term deposit rates. The weighted average
eective interest rate for short-term deposits is 0.89% (FY2013/14: 0.65%) per annum.
Singapore Airlines | Annual Report FY2014/15 |179