Singapore Airlines 2016 Annual Report Download - page 107

The Group The Company
Notes 2016 2015 2016 2015
Equity attributable to owners of the parent
Share capital 14 1,856.1 1,856.1 1,856.1 1,856.1
Treasury shares 15 (381.5) (326.3) (381.5) (326.3)
Other reserves 16 11,280.1 10,933.8 10,533.6 10,049.5
12,754.7 12,463.6 12,008.2 11,579.3
Non-controlling interests 378.2 466.5 – –
Total equity 13,132.9 12,930.1 12,008.2 11,579.3
Deferred account 17 225.3 141.7 197.5 115.1
Deferred taxation 18 1,681.7 1,599.6 1,346.5 1,325.5
Long-term liabilities 19 1,283.4 1,521.2 1,110.1 1,152.2
Provisions 20 877.1 958.9 647.2 702.7
Defined benefit plans 5 129.3 129.7 121.4 124.6
17,329.7 17,281.2 15,430.9 14,999.4
Represented by:
Property, plant and equipment
Aircraft, spares and spare engines 10,510.7 9,957.5 7,541.8 7,700.3
Others 3,632.8 3,565.7 2,699.4 2,206.1
21 14,143.5 13,523.2 10,241.2 9,906.4
Intangible assets 22 515.8 497.6 167.0 159.4
Subsidiary companies 23 – – 4,460.9 3,364.7
Associated companies 24 901.9 922.2 531.5 472.4
Joint venture companies 25 156.3 167.9 – –
Long-term investments 26 773.1 927.6 754.4 902.8
Other long-term assets 27 496.8 573.8 398.7 427.8
Deferred account 17 6.0 56.4 – 36.3
Current assets
Inventories 28 181.9 202.0 108.2 131.7
Trade debtors 29 1,221.8 1,491.5 799.4 998.3
Deposits and other debtors 30 114.8 38.8 43.5 17.9
Prepayments 132.4 124.6 104.8 92.9
Amounts owing by subsidiary companies 29 – – 318.0 311.5
Loan receivable from an associated company 29 62.0 – 62.0 –
Derivative assets 37 24.9 113.7 22.3 106.3
Investments 31 668.1 168.6 601.9 102.7
Cash and bank balances 32 3,972.4 5,042.7 3,239.2 4,435.1
Assets held for sale 21, 26 398.0 71.0 – –
6,776.3 7,252.9 5,299.3 6,196.4
Less: Current liabilities
Sales in advance of carriage 1,626.2 1,464.7 1,460.1 1,328.6
Deferred revenue 669.4 612.5 669.4 612.5
Current tax payable 191.9 161.9 131.0 111.4
Trade and other creditors 33 2,899.0 2,906.5 2,194.9 2,088.6
Amounts owing to subsidiary companies 33 – – 1,191.1 1,048.7
Borrowings 19 211.9 447.1 – 300.0
Provisions 20 218.5 178.9 180.5 146.0
Derivative liabilities 37 623.1 868.8 595.1 831.0
6,440.0 6,640.4 6,422.1 6,466.8
Net current assets/(liabilities) 336.3 612.5 (1,122.8) (270.4)
17,329.7 17,281.2 15,430.9 14,999.4
Statements of Financial Position
As At 31 March 2016 (in $ million)
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Annual Report FY2015/16 105