Singapore Airlines 2016 Annual Report Download - page 162
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Notes to the Financial Statements
31 March 2016
21 Property, Plant and Equipment (in $ million)
The Group
Aircraft
Aircraft
spares
Aircraft
spare engines
Cost
At 1 April 2014 18,748.4 539.1 192.3
Additions 286.6 36.8 19.8
Acquisition of a subsidiary company 461.8 – 10.2
Transfers 1,632.6 0.4 3.1
Reclassification to assets held for sale (91.9) – –
Disposals (1,818.7) (48.8) (23.6)
Exchange differences – 0.4 –
At 31 March 2015 19,218.8 527.9 201.8
Additions 714.4 67.6 53.4
Transfers 1,839.7 0.2 40.0
Reclassification to assets held for sale (266.3) – –
Disposals (1,434.1) (17.8) (31.2)
Disposal of a subsidiary company – – –
Exchange differences – (0.1) –
At 31 March 2016 20,072.5 577.8 264.0
Accumulated depreciation and impairment loss
At 1 April 2014 8,960.0 306.9 112.1
Depreciation 1,410.1 31.3 13.5
Impairment loss 29.0 1.5 –
Transfers (3.8) – –
Reclassification to assets held for sale (28.4) – –
Disposals (780.4) (39.9) (21.2)
Exchange differences – 0.3 –
At 31 March 2015 9,586.5 300.1 104.4
Depreciation 1,410.8 30.1 19.7
Impairment loss 19.9 1.7 –
Transfers (21.6) – 18.9
Reclassification to assets held for sale (80.5) – –
Disposals (948.8) (8.1) (29.4)
Disposal of a subsidiary company – – –
Exchange differences – (0.1) –
At 31 March 2016 9,966.3 323.7 113.6
Net book value
At 31 March 2015 9,632.3 227.8 97.4
At 31 March 2016 10,106.2 254.1 150.4
Singapore Airlines160
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