Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q1 FY2008-09 Earnings Presentation

13 slides from Singapore Airlines's earnings presentation, August 2008

  1. Slide 1: SIA Group Financial Results For 1st Quarter FY2008-09

    SIA GROUP FINANCIAL RESULTS For 1st Quarter FY2008-09 Ended 30 June 2008 197200078R

  2. Slide 2: Group Revenue

    SIA GROUP Q1 2008-09 Group Revenue $M 4,500 4,131.7 4,000 Group 3,622.1 Revenue 3,500 3,421.0 14.1% 3,044.4 3,000 2,724.9 2,500 2,000 Q1 04/05 Q1 05/06 Q1 06/07 Q1 07/08 Q1 08/09 Slide 2

  3. Slide 3: Group Expenditure

    SIA GROUP Q1 2008-09 Group Expenditure $M 4,000 3,788.5 3,500 Group Expenditure 3,158.8 3,147.2 19.9% 3,000 2,791.3 2,500 2,421.7 2,000 Q1 04/05 Q1 05/06 Q1 06/07 Q1 07/08 Q1 08/09 Slide 3

  4. Slide 4: Group Operating Profit

    SIA GROUP Q1 2008-09 Group Operating Profit $M % 800 14 12.8 700 12 11.1 600 Operating 10 8.3 Profit 8.0 8.3 500 463.3 8 25.9% 400 343.2 303.2 6 300 273.8 Operating 253.1 4 Profit Margin 200 - 4.5%pts 2 100 0 0 Q1 04/05 Q1 05/06 Q1 06/07 Q1 07/08 Q1 08/09 Slide 4

  5. Slide 5: Contribution To Group Operating Profit

    SIA GROUP Q1 2008-09 Contribution To Group Operating Profit SilkAir SIA SIA Cargo 2.9% 1.3% $118.3 M (-30.8%) (+1.7% pts) (+3.7% pts) Others SIAEC 2.6% 4.8% SATS (+0.4% pt) $7.5 M (-16.4%) (-1.5% pts) SIAEC $12.8 M (-43.8%) SIA Cargo $15.5 M (n.m.) SATS 11.1% (+1.2% pts) SilkAir SIA $4.4 M (+78.6%)

  6. Slide 6: Group Profit Attributable to Shareholders

    SIA GROUP Q1 2008-09 Group Profit Attributable to Shareholders $M 500 450 424.1 -120.1 400 - 65.5 +63.7 - 9.1 (-15.4%) 358.6 350 300 Lower Higher share operating of profits 250 from assoc. profit 0 Q1 Operating Associated Others Q1 FY07/08 Profit Companies FY08/09 Slide 6

  7. Slide 7: Parent Airline Company Q1 2008-09

    PARENT AIRLINE COMPANY Q1 2008-09 Q1 2008-09 Q1 2007-08 Better/(Worse) ($M) ($M) (%) Total Revenue 3,347.8 2,892.9 15.7 Total Expenditure (3,082.4) (2,509.2) (22.8) Operating Profit 265.4 383.7 (30.8) Operating Profit 7.9 13.3 (5.4) pts Margin (%) Slide 7

  8. Slide 8: Operating Statistics

    PARENT AIRLINE COMPANY Q1 2008-09 Operating Statistics Q1 2008-09 Q1 2007-08 Change ($M) ($M) (%) Available Seat-KM (M) 30,225.4 27,634.1 + 9.4 Revenue Passenger-KM (M) 23,190.9 21,816.5 + 6.3 Passenger Load Factor (%) 76.7 78.9 - 2.2 pts Slide 8

  9. Slide 9: Operating Statistics

    PARENT AIRLINE COMPANY Q1 2008-09 Operating Statistics Q1 2008-09 Q1 2007-08 Change ($M) ($M) (%) Passenger Yield - include 12.4 11.5 + 7.8 fuel surcharge (¢/pkm) Passenger Unit Cost (¢/ask) 8.7 8.0 + 8.7 Passenger Breakeven Load 70.2 69.6 + 0.6 pt Factor (%) Slide 9

  10. Slide 10: Cost Composition

    PARENT AIRLINE COMPANY Q1 2008-09 Cost Composition Others 12.0% (-9.9 pts) Handling Charges 6.7% (-0.8 pt) Fuel Cost AMO 41.5% (+4.3 pts) 6.9% (-1.2 pts) Depreciation & Lease Rentals 10.5% (+0.1 pt) Staff Cost 13.4% (-2.3 pts) Slide 10

  11. Slide 11: Passenger Unit Cost

    PARENT AIRLINE COMPANY Q1 2008-09 Passenger Unit Cost ¢/ask 9 8.7 (+8.7%) 8.0 8 7 6 5 4 3 2 1 0 Q1 FY07/08 Q1 FY08/09 Slide 11

  12. Slide 12: Passenger Unit Cost

    PARENT AIRLINE COMPANY Q1 2008-09 Passenger Unit Cost ¢/ask 9 8.7 (+8.7%) 8.0 8 7 3.4 4.2 Unit Fuel Cost (+23.5%) 6 5 4 1.4 Unit Staff Cost 1.4 3 2 Unit Other Cost 3.1 3.2 1 (-3.1%) 0 Q1 FY07/08 Q1 FY08/09 Slide 12

  13. Slide 13: Thank You

Singapore Airlines — Q1 FY2008-09 Earnings Presentation on 6ix