Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q3 FY2011-12 Earnings Presentation

10 slides from Singapore Airlines's earnings presentation, February 2012

  1. Slide 1: SIA Group Financial Results Q3 FY2011-12

    SIA GROUP FINANCIAL RESULTS For Q3 FY2011-12 Ended 31 December 2011 197200078R PARENT AIRLINE COMPANY Q3 FY2011-2012 Results 197200078R

  2. Slide 2: Parent Airline Company Q3 2011-12 Results

    PARENT AIRLINE COMPANY Q3 2011-12 Q3 Q3 Better/ Better/ 2011-12 2010-11 (Worse) (Worse) ($ M) % Total Revenue ($ M) 3,118.1 3,104.9 13.2 0.4 Total Expenditure ($ M) 2,981.4 2,727.3 (254.1) (9.3) -- Fuel cost 1,254.0 938.5 (315.5) (33.6) -- Fuel hedging gain (0.2) (14.2) (14.0) (98.6) -- Non-fuel exp

  3. Slide 3: Passenger Yield, Unit Cost and Breakeven Load Factor

    PARENT AIRLINE COMPANY Q3 2011-12 Q3 Q3 Change 2011-12 2010-11 % Pax Yield - include fuel 12.1 12.1 - surcharge (¢/pkm) Passenger Unit Cost (¢/ask) 9.2 8.6 +7.0 Passenger Unit Cost 4.8 5.3 -9.4 Excluding Fuel (¢/ask) Passenger Breakeven Load 76.0 71.1 +4.9 pts Factor (%) Slide 5 PARENT AIRLINE COMPA

  4. Slide 4: Operating Performance: Load Factor

    PARENT AIRLINE COMPANY Q3 2011-12 Operating Performance % Passenger Load Factor 90 Breakeven Load Factor 85 82.4 81.3 80 79.0 79.0 79.7 78.5 77.2 75 76.0 76.0 72.7 72.7 71.1 71.1 70 67.7 67.7 65 0 3Q 3Q 3Q 3Q 3Q FY07/08 FY08/09 FY09/10 FY10/11 FY11/12 Slide 7 PARENT AIRLINE COMPANY Q3 2011-12 Operat

  5. Slide 5: Fuel Price Before Hedging and Cost Composition

    PARENT AIRLINE COMPANY 3Q 2011-12 Fuel Price Before Hedging Fuel Price before hedging ($ million) Fuel Expenditure (before hedging) (USD/BBL) 2,000 149 160 160 150 1,800 136 140 1,743 129 130 1,600 1,557 130 120 110 1,400 98 100 1,214 1,254 90 1,200 1,170 80 1,094 70 1,000 60 50 800 40 30 600 20 10

  6. Slide 6: Top Expenditure Breakdown

    PARENT AIRLINE COMPANY Q3 2011-12 Top 5 Expenditure Breakdown Fuel (After 1,253.8 (+329.5 or Hedging) 924.3 +35.6%) Aircraft Depr. & 423.9 (-43.2 or -9.2%) Lease Rentals 467.1 Staff 365.7 (-20.7 or -5.4%) 3Q 2010-11 386.4 3Q 2011-12 213.1 (+6.5 or +3.1%) Handling Charges 206.6 Passenger Costs 153.5

  7. Slide 7: The Group Q3 FY2011-12 Revenue

    THE GROUP Q3 FY2011-2012 Results 197200078R SIA GROUP Q3 2011-12 Group Revenue $M 4,500 4,276.1 4,164.0 4,000 3,875.4 3Q 2011-12 vs 3,841.0 3Q 2010-11 3,500 3,428.6 $34.4M (+0.9%) 3,000 2,500 0 3Q 3Q 3Q 3Q 3Q FY07/08 FY08/09 FY09/10 FY10/11 FY11/12 Slide 14

  8. Slide 8: Group Expenditure and Operating Profit

    SIA GROUP Q3 2011-12 Group Expenditure $M 4,500 4,000 3Q 2011-12 vs 3,807.3 3,601.5 3,718.2 3Q 2010-11 3,500 $386.5M 3,331.7 3,105.7 (+11.6%) 3,000 2,500 0 3Q 3Q 3Q 3Q 3Q FY07/08 FY08/09 FY09/10 FY10/11 FY11/12 Slide 15 SIA GROUP Q3 2011-12 Group Operating Profit $M % 800 15.8 16 674.6 13.3 14 Opera

  9. Slide 9: Group Operating Profit and Net Profit

    SIA GROUP Q3 2011-12 Group Operating Profit 3Q 11/12 3Q 10/11 Better/(Worse) Better/(Worse) ($ M) ($ M) ($ M) (%) SIA 136.7 377.6 (240.9) (63.8) SilkAir 32.1 44.5 (12.4) (27.9) SIAEC 28.4 34.5 (6.1) (17.7) SIA Cargo (39.8) 47.5 (87.3) n.m. Others (0.2) 5.2 (5.4) n.m. Group Total 157.2 509.3 (352.1)

  10. Slide 10: Group Profit Attributable to Owners of the Parent

    SIA GROUP Q3 2011-12 Group Profit Attributable to Owners of the Parent Lower $M operating 300 288.3 profit 250 Exceptional Lower -153.1 200 item taxation (-53.1%) incurred last and others 150 Lower year share of 135.2 100 +11.2 profit from 50 associates and JV 0 -50 -352.1 -11.3 +199.1 -100 -150 3Q

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