Singapore Airlines 2015 Annual Report Download - page 95

Download and view the complete annual report

Please find page 95 of the 2015 Singapore Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 224

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224

The Group
Notes FY2014/15 FY2013/14
Revenue 415,565.5 15,243.9
Expenditure
Staff costs 5 2,335.2 2,336.7
Fuel costs 5,579.7 5,702.1
Depreciation 21 1,538.8 1,575.5
Impairment of property, plant and equipment 21 1.5 20.2
Amortisation of intangible assets 22 25.9 25.7
Aircraft maintenance and overhaul costs 668.6 641.8
Commission and incentives 375.6 346.6
Landing, parking and overflying charges 747.9 716.6
Handling charges 1,066.2 1,038.7
Rentals on leased aircraft 839.5 649.5
Material costs 176.7 223.1
Inflight meals 553.5 549.1
Advertising and sales costs 258.5 257.6
Insurance expenses 44.9 41.5
Company accommodation and utilities 119.5 119.1
Other passenger costs 175.0 173.3
Crew expenses 146.4 144.7
Other operating expenses 502.7 422.8
15,156.1 14,984.6
Operating profit 6409.4 259.3
Finance charges 7 (49.6) (37.3)
Interest income 8 74.9 62.7
Surplus on disposal of aircraft, spares and spare engines 51.9 51.2
Dividends from long-term investments 13.2 19.6
Other non-operating items 9 (14.3) 1.9
Share of profits of joint venture companies 25 52.0 94.0
Share of losses of associated companies 24 (129.1) (45.2)
Profit before exceptional items 408.4 406.2
Exceptional items 10 34.5 (38.3)
Profit before taxation 442.9 367.9
Taxation 11 (36.2) 56.5
Profit for the financial year 406.7 424.4
Profit attributable to:
Owners of the Parent 367.9 359.5
Non-controlling interests 38.8 64.9
406.7 424.4
Basic earnings per share (cents) 12 31.4 30.6
Diluted earnings per share (cents) 12 31.2 30.3
Consolidated Profit and Loss Account
For The Financial Year Ended 31 March 2015 (in $ million)
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Singapore Airlines | Annual Report FY2014/15 |93