Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q1 FY2016-17 Earnings Presentation

10 slides from Singapore Airlines's earnings presentation, July 2016

  1. Slide 1: SIA Group Financial Results Q1 FY2016-17

    SIA GROUP FINANCIAL RESULTS For Q1 FY2016-17 Ended 30 June 2016 197200078R SIA GROUP Q1 FY2016-17 1

  2. Slide 2: Operating Result

    SIA GROUP Q1 FY2016-17 Operating Result Q1 Q1 Better/ Better/ FY16/17 FY15/16 (Worse) (Worse) ($M) ($M) ($M) (%) Total Revenue 3,654.4 3,733.3 (78.9) (2.1) Total Expenditure 3,461.2 3,621.9 160.7 4.4 -- Net fuel cost 895.3 1,252.5 357.2 28.5 Fuel cost 754.4 989.4 235.0 23.8 Fuel hedging loss 140.9 2

  3. Slide 3: Cost Composition and Reduction in Fuel Cost

    SIA GROUP Q1 FY2016-17 Cost Composition ($M) Passenger Costs Others 178.8 (+1.0, +0.6%) 419.6 (+42.3, +11.2%) LPO* Charges Fuel Cost Post Hedging 5.2% 12.1% 895.3 200.2 (+13.3, +7.1%) 5.8% (-357.2, -28.5%) Handling Charges 25.9% 294.6 (+17.4, +6.3%) 8.5% 19.1% Staff Costs 661.4 (+72.7, +12.3%) 5.9%

  4. Slide 4: Group Operating Profit

    SIA GROUP Q1 FY2016-17 $M Group Operating Profit % 250 6 5.3 H1 Operating 2013-14 193.2 5 200 Op. Profit Profit $193.2M $142.4M 4 150 $81.8M $8.5M 3.0 (+73.4%) (+6.3%) 111.4 3 100 1.9 72.0 2.1 Operating 81.7 2 Profit Margin 50 1.1 2.3% pts 39.5 1 0 0 Q1 Q1 Q1 Q1 Q1 FY12/13 FY13/14 FY14/15 FY15/16 FY

  5. Slide 5: Group Net Profit

    SIA GROUP Q1 FY2016-17 300 $M Group Net Profit 256.6 Q1 FY16/17 250 Net Profit $256.6M 200 $165.4M (+181.4%) 150 121.8 100 91.2 78.0 50 34.8 0 Q1 Q1 Q1 Q1 Q1 FY12/13 FY13/14 FY14/15 FY15/16 FY16/17 Slide 9 SIA GROUP Q1 FY2016-17 Group Profit Attributable to Owners of the Parent $M 400 +178.0 -36.1 -

  6. Slide 6: Parent Airline Company Q1 FY2016-17

    PARENT AIRLINE COMPANY Q1 FY2016-17 PARENT AIRLINE COMPANY Q1 FY2016-17 Q1 Q1 Change FY16/17 FY15/16 % Available Seat-KM (M) 29,187.9 29,520.8 -1.1 Revenue Passenger-KM (M) 22,136.9 22,513.6 -1.7 Passenger Load Factor (%) 75.8 76.3 -0.5 pts Pax Yield – include fuel 10.3 10.7 -3.7 surcharge (¢/pkm) P

  7. Slide 7: Parent Airline Company Operating Result and Performance

    PARENT AIRLINE COMPANY Q1 FY2016-17 Q1 Q1 Better/ Better/ FY16/17 FY15/16 (Worse) (Worse) ($M) ($M) ($M) (%) Total Revenue 2,797.2 2,909.4 (112.2) (3.9) Total Expenditure 2,600.4 2,801.6 201.2 7.2 -- Net fuel cost 698.2 994.3 296.1 29.8 Fuel cost 585.9 782.6 196.7 25.1 Fuel hedging loss 112.3 211.7

  8. Slide 8: Monthly Pax Yields (Including Fuel Surcharge)

    PARENT AIRLINE COMPANY Q1 FY2016-17 Monthly Pax Yields (Including Fuel Surcharge) 12 ¢/pkm 2014-15 2015-16 2016-17 11.5 11.5 11.4 11.4 11.4 11.4 11.2 11.1 11.0 11.0 11 10.9 10.9 10.9 10.8 10.7 10.7 10.7 10.6 10.7 10.5 10.5 10.6 10.5 10.4 10.3 10.2 10 10.1 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb

  9. Slide 9: Fuel Hedging Update and Network Update

    FUEL HEDGING UPDATE Group Fuel Hedging Position Q2 FY16/17 Jet Fuel Percentage hedged (%) 37.5 Average hedged price 81 (USD/BBL) Slide 17 NETWORK UPDATE  Growth of European and US footprint SIA  New destinations:  Dusseldorf (Jul’16)  Canberra & Wellington (Sep’16)  Non-stop to San Francisco (O

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