Singapore Airlines 2016 Annual Report Download - page 216

Five-Year Financial Summary of the Group
2015/16 2014/15 2013/14 2012/13 2011/12
Profit and loss account ($ million)
Total revenue 15,228.5 15,565.5 15,243.9 15,098.2 14,857.8
Total expenditure (14,547.3) (15,156.1) (14,984.6) (14,869.0) (14,571.9)
Operating profit 681.2 409.4 259.3 229.2 285.9
Finance charges (50.3) (49.6) (37.3) (42.7) (74.3)
Interest income 70.7 74.9 62.7 62.5 50.5
Surplus/(Loss) on disposal of aircraft, spares and spare engines 52.7 51.9 51.2 56.0 (1.4)
Dividend from long-term investments 115.3 13.2 19.6 27.3 18.0
Other non-operating items 91.1 (14.3) 1.9 11.9 48.8
Share of profits of joint venture companies 22.8 52.0 94.0 94.9 73.5
Share of (losses)/profits of associated companies (11.1) (129.1) (45.2) 50.4 37.7
Profit before exceptional items 972.4 408.4 406.2 489.5 438.7
Exceptional items
Remeasurement gain from consolidation of Tiger Airways – 119.8 – – –
Impairment of China Cargo Airlines – (63.6) – – –
Gain on divestment of an associated company – 7.3 371.5 – –
Impairment of freighters – (7.0) (293.4) – –
Writeback of impairment/(Impairment) of property, plant and
equipment of Singapore Flying College – 2.1 (29.4) – –
Competition-related fines and settlements – (24.1) (87.0) (19.9) (5.4)
Profit before taxation 972.4 442.9 367.9 469.6 433.3
Profit attributable to owners of the Parent 804.4 367.9 359.5 378.9 335.9
Statement of financial position ($ million)
Share capital 1,856.1 1,856.1 1,856.1 1,856.1 1,856.1
Treasury shares (381.5) (326.3) (262.2) (269.8) (258.4)
Capital reserve (129.2) 215.9 123.7 110.3 99.1
Foreign currency translation reserve (151.3) (135.7) (101.5) (191.8) (186.3)
Share-based compensation reserve 123.7 113.2 134.5 151.7 165.9
Fair value reserve (498.6) (706.2) (40.4) (27.1) (47.6)
General reserve 11,935.5 11,446.6 11,527.0 11,460.1 11,264.6
Equity attributable to owners of the Parent 12,754.7 12,463.6 13,237.2 13,089.5 12,893.4
Non-controlling interests 378.2 466.5 337.4 312.6 294.0
Total equity 13,132.9 12,930.1 13,574.6 13,402.1 13,187.4
Property, plant and equipment 14,143.5 13,523.2 13,026.7 13,098.0 13,381.4
Intangible assets 515.8 497.6 223.4 218.5 158.3
Associated companies 901.9 922.2 729.4 554.4 543.2
Joint venture companies 156.3 167.9 126.5 120.8 113.2
Long-term investments 773.1 927.6 1,125.2 706.9 373.7
Other non-current assets 502.8 630.2 100.6 230.0 267.3
Current assets 6,776.3 7,252.9 7,310.7 7,499.5 7,205.9
Total assets 23,769.7 23,921.6 22,642.5 22,428.1 22,043.0
Deferred account 225.3 141.7 226.4 146.7 224.4
Deferred taxation 1,681.7 1,599.6 1,788.9 1,948.2 2,029.1
Other non-current liabilities 2,289.8 2,609.8 1,661.2 1,529.5 1,337.1
Current liabilities 6,440.0 6,640.4 5,391.4 5,401.6 5,265.0
Total liabilities 10,636.8 10,991.5 9,067.9 9,026.0 8,855.6
Net assets 13,132.9 12,930.1 13,574.6 13,402.1 13,187.4
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