Singapore Airlines 2016 Annual Report Download - page 87

Directors’ Statement
The Directors are pleased to present this statement together with the audited financial statements of the Group and of the Company for the financial
year ended 31 March 2016.
In our opinion:
(a) the financial statements set out on pages 103 to 211 are drawn up so as to give a true and fair view of the consolidated financial position of the
Group and financial position of the Company as at 31 March 2016, and the consolidated financial performance, consolidated changes in equity
and consolidated cash flows of the Group and the changes in equity of the Company for the year ended on that date in accordance with the
provisions of the Singapore Companies Act, Chapter 50 and Singapore Financial Reporting Standards; and
(b) at the date of this statement, there are reasonable grounds to believe that the Company will be able to pay its debts as and when they fall due.
The Board of Directors has, on the date of this statement, authorised these financial statements for issue.
1 Directors of the Company
The Directors in oice at the date of this statement are as follows:
Stephen Lee Ching Yen Chairman (Independent)
Peter Seah Lim Huat Deputy Chairman (Independent) (Appointed on 1 September 2015)
Goh Choon Phong Chief Executive Oicer
Gautam Banerjee (Independent)
William Fung Kwok Lun (Independent)
Hsieh Tsun-yan (Independent)
Christina Ong (Independent)
Helmut Gunter Wilhelm Panke (Independent)
Lucien Wong Yuen Kuai (Non Independent)
2 Arrangements to Enable Directors to Acquire Shares and Debentures
Except as disclosed under “Directors’ Interests in Shares, Share Options and Debentures” and “Equity Compensation Plans of the Company” in
this statement, neither at the end of nor at any time during the financial year was the Company a party to any arrangement whose objects are,
or one of whose objects is, to enable the Directors of the Company to acquire benefits by means of the acquisition of shares or share options in,
or debentures of, the Company or any other body corporate.
3 Directors’ Interests in Shares, Share Options and Debentures
The following Directors who held oice at the end of the financial year had, according to the register of Directors’ shareholdings required to be
kept under Section 164 of the Singapore Companies Act, Cap. 50, interests in the following shares, share options, awards and debentures of
the Company, and of related corporations:
Direct interest Deemed interest
Name of Director
1.4.2015 or
at date of
appointment 31.3.2016
1.4.2015 or
at date of
appointment 31.3.2016
Interest in Singapore Airlines Limited
Ordinary shares
Stephen Lee Ching Yen 9,400 9,400 – –
Goh Choon Phong 586,802 617,224 – –
William Fung Kwok Lun – – 200,000 200,000
Christina Ong 100,000 100,000 – –
Lucien Wong Yuen Kuai – – 58,000 58,000
Annual Report FY2015/16 85