Singapore Airlines 2016 Annual Report Download - page 105

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The Group
Notes FY2015/16 FY2014/15
Revenue 4 15,228.5 15,565.5
Expenditure
Staff costs 5 2,461.0 2,335.2
Fuel costs 4,527.0 5,579.7
Depreciation 21 1,543.0 1,538.8
Impairment of property, plant and equipment 21 10.6 1.5
Amortisation of intangible assets 22 32.7 25.9
Aircraft maintenance and overhaul costs 790.0 646.6
Commission and incentives 365.3 375.6
Landing, parking and overflying charges 765.8 747.9
Handling charges 1,144.9 1,066.2
Rentals on leased aircraft 924.7 839.5
Material costs 67.2 59.4
Inflight meals 547.2 553.5
Advertising and sales costs 289.0 258.5
Insurance expenses 44.1 44.9
Company accommodation and utilities 119.1 119.5
Other passenger costs 180.5 175.0
Crew expenses 148.5 146.4
Other operating expenses 586.7 642.0
14,547.3 15,156.1
Operating profit 6 681.2 409.4
Finance charges 7 (50.3) (49.6)
Interest income 8 70.7 74.9
Surplus on disposal of aircraft, spares and spare engines 52.7 51.9
Dividends from long-term investments 115.3 13.2
Other non-operating items 9 91.1 (14.3)
Share of profits of joint venture companies 25 22.8 52.0
Share of losses of associated companies 24 (11.1) (129.1)
Profit before exceptional items 972.4 408.4
Exceptional items 10 – 34.5
Profit before taxation 972.4 442.9
Taxation 11 (120.6) (36.2)
Profit for the financial year 851.8 406.7
Profit attributable to:
Owners of the parent 804.4 367.9
Non-controlling interests 47.4 38.8
851.8 406.7
Basic earnings per share (cents) 12 69.0 31.4
Diluted earnings per share (cents) 12 68.7 31.2
Consolidated Profit and Loss Account
For The Financial Year Ended 31 March 2016 (in $ million)
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Annual Report FY2015/16 103