Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q1 FY2013-14 Earnings Presentation

10 slides from Singapore Airlines's earnings presentation, Jun 30, 2013

  1. Slide 1: SIA Group Financial Results Q1 FY2013-14

    STAFF COMMUNICATION SESSION SIA GROUP FINANCIAL RESULTS For FY2013-14 Ended 30 June 2013 197200078R STAFF COMMUNICATION SESSION PARENT AIRLINE COMPANY Q1 FY2013-2014 Results 197200078R

  2. Slide 2: Parent Airline Company Q1 2013-14 Results

    PARENT AIRLINE COMPANY Q1 2013-14 Q1 Q1 Better/ Better/ 2013-14 2012-13 (Worse) (Worse) ($M) % Total Revenue ($ M) 3,159.7 3,103.9 55.8 1.8 Total Expenditure ($ M) 3,070.8 3,019.0 (51.8) (1.7) -- Fuel cost 1,170.6 1,243.2 72.6 5.8 -- Fuel hedging loss 35.3 24.5 (10.8) (44.1) -- Non-fuel expenditure

  3. Slide 3: Pax Yield, Unit Cost and Load Factor

    PARENT AIRLINE COMPANY Q1 2013-14 Q1 Q1 Change 2013-14 2012-13 % Pax Yield – include fuel surcharge 11.1 11.4 -2.6 (¢/pkm) Passenger Unit Cost (¢/ask) 9.1 9.2 -1.1 Passenger Breakeven Load Factor (%) 82.0 80.7 +1.3 pts Slide 5 PARENT AIRLINE COMPANY Q1 2013-14 Operating Performance % Passenger Load

  4. Slide 4: Operating Performance: Load Factor vs Breakeven

    PARENT AIRLINE COMPANY Q1 2013-14 Operating Performance % Passenger Load Factor 90 Breakeven Load Factor 85 84.3 82.0 80.7 80 78.4 78.0 79.5 78.0 75.6 75 76.9 71.6 70 65 60 1Q FY09/10 1Q FY10/11 1Q FY11/12 1Q FY12/13 1Q FY13/14 Slide 7 PARENT AIRLINE COMPANY Q1 2013-14 Operating Performance % Passen

  5. Slide 5: Fuel Price Before Hedging and Fuel Expenditure

    PARENT AIRLINE COMPANY Q1 2013-14 2013-14 Fuel Price Before Hedging Fuel Price before hedging ($ million) 160 (USD/BBL) 2,000 Fuel Expenditure (before hedging) 160 149 150 1,800 140 126132 133 130 1,743 1,600 132 120 120 110 1,557 98 1,400 100 90 1,200 80 1,262 1,241 1,243 1,233 61 1,171 70 1,094 1,

  6. Slide 6: Top Expenditure Breakdown

    PARENT AIRLINE COMPANY Q1 2013-14 Top 5 Expenditure Breakdown Fuel After 1,205.9 (-61.8 or Hedging 1,267.7 -4.9%) Aircraft Depr. & 440.3 (+29.3 or +7.1%) Lease Rentals 411.0 Staff 397.3 (+2.9 or +0.7%) 394.4 Q1 2013-14 Q1 2012-13 Handling Charges 214.0 (+1.6 or +0.8%) 212.4 Passenger Costs 168.5 (+9

  7. Slide 7: The Group: Revenue

    STAFF COMMUNICATION SESSION THE GROUP Q1 FY2013-2014 Results 197200078R SIA GROUP Q1 2013-14 Group Revenue $M 4,500 Q1 2013-14 vs Q1 2012-13 4,000 3,777.4 3,840.2 $62.8 M 3,465.8 3,577.6 (+1.7%) 3,500 3,000 2,871.4 2,500 2,000 1Q 1Q 1Q 1Q 1Q FY09/10 FY10/11 FY11/12 FY12/13 FY13/14 Slide 14

  8. Slide 8: Expenditure and Operating Profit

    SIA GROUP Q1 2013-14 Group Expenditure $M 4,500 Q1 2013-14 vs Q1 2012-13 4,000 3,758.5 $53.1 M 3,705.4 3,566.6 (+1.4%) 3,500 3,190.7 3,215.3 3,000 2,500 2,000 1Q 1Q 1Q 1Q 1Q FY09/10 FY10/11 FY11/12 FY12/13 FY13/14 Slide 15 SIA GROUP Q1 2013-14 Group Operating Profit $M % 500 10 400 7.2 8 Operating 3

  9. Slide 9: Operating Profit by Company and Net Profit

    SIA GROUP Q1 2013-14 Group Operating Profit 1Q 13/14 1Q 12/13 Better/(Worse) Better/(Worse) ($ M) ($ M) ($ M) (%) SIA 88.9 84.9 4.0 4.7 SIAEC 27.7 34.4 (6.7) (19.5) SilkAir 14.4 18.1 (3.7) (20.4) SIA Cargo (40.4) (49.0) 8.6 17.6 Slide 17 SIA GROUP Q1 2013-14 Group Net Profit $M 300 252.5 200 Q1 2013

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

    SIA GROUP Q1 2013-14 Group Profit Attributable to Owners of the Parent $M 180 Gain on Lower 150 disposal of Exceptional taxation 121.8 aircraft vs items and others (+56.2%) 120 loss last Higher year -10.5 operating +11.6 profit +43.8 90 78.0 Lower +18.4 +14.6 +9.7 share of 60 profit from JVs and 30

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