Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q3 FY2012-13 Earnings Presentation

12 slides from Singapore Airlines's earnings presentation, February 2013

  1. Slide 1: SIA Group Financial Results Q3 FY2012-13

    STAFF COMMUNICATION SESSION SIA GROUP FINANCIAL RESULTS Q3 FY2012-13 Ended 31 December 2012 197200078R STAFF COMMUNICATION SESSION PARENT AIRLINE COMPANY Q3 FY2012-2013 Results 197200078R

  2. Slide 2: Parent Airline Company Q3 2012-13

    PARENT AIRLINE COMPANY Q3 2012-13 3Q 3Q Better/ Better/ 2012-13 2011-12 (Worse) (Worse) ($ M) % Total Revenue ($ M) 3,143.3 3,118.1 25.2 0.8 Total Expenditure ($ M) 3,056.5 2,981.4 (75.1) (2.5) -- Fuel cost 1,261.8 1,254.0 (7.8) (0.6) -- Fuel hedging gain (17.6) (0.2) 17.4 n.m. -- Non-fuel expenditu

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

    PARENT AIRLINE COMPANY Q3 2012-13 3Q 3Q Change 2012-13 2011-12 % Pax Yield - include fuel 11.4 12.1 -5.8 surcharge (¢/pkm) Passenger Unit Cost 9.1 9.2 -1.1 (¢/ask) Passenger Breakeven Load 79.8 76.0 +3.8 pts Factor (%) Slide 5 PARENT AIRLINE COMPANY Q3 2012-13 Operating Performance % Passenger Load

  4. Slide 4: Operating Performance: Passenger and Breakeven Load Factor

    PARENT AIRLINE COMPANY Q3 2012-13 Operating Performance % Passenger Load Factor 90 Breakeven Load Factor 85 82.4 79.7 79.8 80 78.5 79.0 77.2 79.3 75 76.0 72.7 71.1 70 65 0 3Q 3Q 3Q 3Q 3Q FY08/09 FY09/10 FY10/11 FY11/12 FY12/13 Slide 7 PARENT AIRLINE COMPANY Q3 2012-13 Operating Performance % Passeng

  5. Slide 5: Monthly Pax Yields and Fuel Expenditure

    PARENT AIRLINE COMPANY Q3 2012-13 Monthly Pax Yields (Including Fuel Surcharge) ¢/pkm 2009-10 2011-12 2012-13 14 13 12.3 12.0 12 11.6 11.4 11 11.2 11.6 11.3 10.7 10 10.4 9.7 9 0 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Slide 9 PARENT AIRLINE COMPANY Q3 2012-13 Fuel Price before hedging ($ mil

  6. Slide 6: Cost Composition and Top 5 Expenditure Breakdown

    PARENT AIRLINE COMPANY Q3 2012-13 Cost Composition Others 19.4% (+0.2 pt) Fuel Cost Post Hedging 40.7% (-1.4 pts) Passenger Costs 5.5% (+0.4 pt) Handling Charges 7.1% Aircraft Staff Depreciation & 12.8% (+0.5 pt) Lease Rentals 14.5% (+0.3 pt) Slide 11 PARENT AIRLINE COMPANY Q3 2012-13 Top 5 Expendit

  7. Slide 7: Composition of Decrease in Fuel Cost

    PARENT AIRLINE COMPANY Q3 2012-13 Composition of Decrease in Fuel Cost $M (After Hedging) 1,400 Higher Higher volume Weaker weighted uplifted US Dollar average Higher 1,300 fuel price hedging 1,253.8 gain 1,244.2 +58.0 -9.6 +25.4 -75.6 -17.4 1,200 1,100 0 3Q Price Volume Exchange Hedging 3Q Slide 13

  8. Slide 8: Group Revenue

    SIA GROUP Q3 2012-13 Group Revenue $M 4,000 3,875.4 3,860.4 3,800 3,777.4 3,793.6 +66.8 3,699.5 3,705.3 3,600 3,577.6 3,400 3,200 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q Slide 15 2011-12 2012-13 SIA GROUP Q3 2012-13 Group Revenue $M 4,000 3,875.4 3,860.4 3,800 3,777.4 3,793.6 3Q 2012-13 vs 3,699.5 3,705.3 3Q 2011-12

  9. Slide 9: Group Expenditure

    SIA GROUP Q3 2012-13 Group Expenditure $M 4,000 3,800 3,718.2 3,710.5 3,705.4 3,723.2 3,729.4 +6.2 3,600 3,566.6 3,576.6 3,400 3,200 0 1Q 2Q 3Q 4Q 1Q 2Q 3Q Slide 17 2011-12 2012-13 SIA GROUP Q3 2012-13 Group Expenditure $M 4,000 3,800 3Q 2012-13 vs 3,718.2 3,710.5 3,705.4 3,723.2 3,729.4 3Q 2011-12

  10. Slide 10: Group Operating Profit

    SIA GROUP Q3 2012-13 Group Operating Profit $M 250 Operating 200 Profit 157.2 $26.2M 150 122.9 131.0 (-16.7%) 100 +60.6 72.0 70.4 50 0 11.0 -5.2 -50 1Q 2Q 3Q 4Q 1Q 2Q 3Q Slide 19 2011-12 2012-13 SIA GROUP Q3 2012-13 Group Operating Profit $M % 250 5 4.1 Operating 200 4 3.3 3.4 Profit 157.2 $26.2M 15

  11. Slide 11: Operating Profit by Company; Net Profit

    SIA GROUP Q3 2012-13 Group Operating Profit 3Q 12/13 3Q 11/12 Better/ Better/ ($ M) ($ M) (Worse) (Worse) ($ M) (%) SIA 86.8 136.7 (49.9) (36.5) SilkAir 33.7 32.1 1.6 5.0 SIAEC 31.2 28.4 2.8 9.9 SIA Cargo (29.7) (39.8) 10.1 25.4 Slide 21 SIA GROUP Q3 2012-13 Group Net Profit $M 500 403.7 400 3Q 2012

  12. Slide 12: Profit Attributable to Owners of the Parent

    SIA GROUP Q3 2012-13 Group Profit Attributable to Owners of the Parent $M 180 Exceptional Lower +24.1 item operating +11.2 150 142.5 135.2 profit +7.3 +18.1 Net interest -19.9 Gain on (+5.4%) 120 income vs divestment -26.2 Gain on net finance of PT 90 aircraft charges last Purosani and disposal vs y

Singapore Airlines — Q3 FY2012-13 Earnings Presentation on 6ix