Singapore Airlines 2015 Annual Report Download - page 55

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Operating Performance (continued)
Company Revenue and Expenditure
2010/11 2011/12 2012/13 2013/14 2014/15
Revenue ($ Million)
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 $ Million
Operating Profit and Operating Profit Margin
2010/11 2011/12 2012/13 2013/14 2014/15
Operating Profit ($ Million)
Operating Profit Margin (%)
1,000
800
600
400
200
0
8
6
4
2
0
$ Million Per Cent
Earnings
2014/15 2013/14
$ million $ million % Change
Revenue 12,418.4 12,479.7 - 0.5
Expenditure 12,078.2 12,224.1 - 1.2
Operating profit 340.2 255.6 + 33.1
Finance charges (44.0) (33.6) - 31.0
Interest income 79.3 64.3 + 23.3
Surplus on disposal of aircra, spares and spare engines 36.8 45.6 - 19.3
Dividends from subsidiary and associated companies 215.2 211.5 + 1.7
Dividends from long-term investments 4.9 5.4 - 9.3
Other non-operating items (65.2) (52.7) - 23.7
Profit before exceptional items 567.2 496.1 + 14.3
Exceptional items R4 (4.1) 40.3 n.m.
Profit before taxation 563.1 536.4 + 5.0
Taxation (22.8) 2.1 n.m.
Profit aer taxation 540.3 538.5 + 0.3
n.m. not meaningful
R4 The exceptional items in 2014/15 pertained to provision for settlement with plaintis in the Transpacific Class Action ($11.4 million), partly oset by
additional gain on sale of Virgin Atlantic Limited (“VAL”) ($7.3 million). Last year’s exceptional item pertained to gain on sale of the Company’s 49 per cent
equity stake in VAL.
Performance of the Company
(continued)
Singapore Airlines | Annual Report FY2014/15 | 53