Singapore Airlines Ltd. · SGX:C6L
Singapore Airlines — Q3 FY2007-08 Earnings Presentation
15 slides from Singapore Airlines's earnings presentation, February 2008
Slide 1: SIA Group Financial Results for the 3rd Quarter Ended 31 Dec 2007
SIA GROUP FINANCIAL RESULTS For the 3rd Quarter Ended 31 Dec 2007 Singapore Airlines Limited Company Registration No.:197200078R Further information and media releases can be found at the Singapore Airlines internet website www.singaporeair.com.sg
Slide 2: SIA Group Q3 2007-08
SIA GROUP Q3 2007-08 Q3 2007-08 Q3 2006-07 Better/(Worse) ($M) ($M) (%) Total Revenue 4,276.1 3,793.7 12.7 Total Expenditure (3,601.5) (3,346.0) (7.6) Operating Profit 674.6 447.7 50.7 Operating Profit 15.8 11.8 4.0 pts Margin Slide 2
Slide 3: SIA Group Q3 2007-08
SIA GROUP Q3 2007-08 Q3 2007-08 Q3 2006-07 Better/(Worse) ($M) ($M) (%) Total Revenue 4,276.1 3,793.7 12.7 Total Expenditure (3,601.5) (3,346.0) (7.6) Operating Profit 674.6 447.7 50.7 Non-Operating Items 73.6 68.8 7.0 Exceptional Items - 197.7 n.m. Profit Attributable to 590.0 589.2 0.1 Equity Hold
Slide 4: Contribution To Group Operating Profit
SIA GROUP Q3 2007-08 Contribution To Group Operating Profit SIAEC Others 2.8% (-3.1% pts) 3.4% SIA SATS (-0.5% pt) $206.9 M 7.0% (-3.3% pts) SIA Cargo $20.6 M SATS Group SIA Cargo $0.9 M 10.8% (-0.8% pt) SIA SIAEC 76.0% $7.4 M (+7.7% pts) Slide 4
Slide 5: Parent Airline Company Q3 2007-08
PARENT AIRLINE COMPANY Q3 2007-08 Q3 2007-08 Q3 2006-07 Better/(Worse) ($M) ($M) (%) Total Revenue 3,364.2 2,901.7 15.9 Total Expenditure (2,851.4) (2,595.8) (9.8) Operating Profit 512.8 305.9 67.6 Operating Profit 15.2 10.5 4.7 pts Margin (%) Slide 5
Slide 6: Operating Statistics
PARENT AIRLINE COMPANY Q3 2007-08 Operating Statistics Q3 2007-08 Q3 2006-07 Change ($M) ($M) (%) Available Seat-KM (M) 29,003.8 28,434.5 + 2.0 Revenue Passenger-KM (M) 23,568.0 22,940.6 + 2.7 Passenger Load Factor (%) 81.3 80.7 + 0.6 pt Slide 6
Slide 7: Operating Statistics
PARENT AIRLINE COMPANY Q3 2007-08 Operating Statistics Q3 2007-08 Q3 2006-07 Change ($M) ($M) (%) Passenger Yield - include 12.4 11.0 + 12.7 fuel surcharge (¢/pkm) Passenger Unit Cost (¢/ask) 8.4 7.8 + 7.7 Passenger Breakeven Load 67.7 70.9 - 3.2 pts Factor (%) Passenger Load Factor 13.6 9.8 + 3.8 p
Slide 8: Cost Composition
PARENT AIRLINE COMPANY Q3 2007-08 Cost Composition Others Fuel Cost 22.9% 37.2% (+0.6 pt) Handling Charges 7.0% (-0.2 pt) AMO Cost 7.2% (+1.6 pts) Staff Cost Depreciation & 15.7% (-1.7 pts) Lease Rentals 10.0% (-0.3 pt) Slide 8
Slide 9: Top Expenditure Breakdown
PARENT AIRLINE COMPANY Q3 2007-08 Top 5 Expenditure Breakdown 1,061.7 (+11.8%) Fuel Cost 950.0 447.4 (–0.8%) Staff Cost 450.8 Depreciation & 286.1 (+6.5%) Q3 2007-08 Lease Rentals 268.6 Q3 2006-07 206.0 (+42.3%) AMO Cost 144.8 Handling 201.0 (+6.9%) Charges 188.0 $M 0 200 400 600 800 1,000 1,200 Sli
Slide 10: Fuel Price Before Hedging
PARENT AIRLINE COMPANY Q3 2007-08 Fuel Price Before Hedging USD/bbl 120 110 106.0 100 92.4 90.4 90 80.6 80 70 60 50 40 30 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2004-05 2005-06 2006-07 2007-08 Slide 10
Slide 11: Passenger Unit Cost
PARENT AIRLINE COMPANY Q3 2007-08 Passenger Unit Cost ¢/ask 9 8.4 (+7.7%) 7.8 8 7 6 5 4 3 2 1 0 Q3 2006-07 Q3 2007-08 Slide 11
Slide 12: Passenger Unit Cost
PARENT AIRLINE COMPANY Q3 2007-08 Passenger Unit Cost ¢/ask 9 8.4 (+7.7%) 7.8 8 7 3.7 3.3 Unit Fuel Cost (+12.1%) 6 5 1.5 4 Unit Staff Cost (-6.3%) 1.6 3 3.2 2 2.9 Unit Other Costs (+10.3%) 1 0 Q3 2006-07 Q3 2007-08 Slide 12
Slide 13: SIA Group Apr-Dec 2007
SIA GROUP APR-DEC 2007 Apr – Dec Apr – Dec Better/(Worse) 2007 2006 (%) ($M) ($M) Total Revenue 11,865.3 10,823.3 9.6 Total Expenditure (10,208.9) (9,842.4) (3.7) Operating Profit 1,656.4 980.9 68.9 Non-Operating Items 306.6 376.3 (18.5) Exceptional Items - 421.0 n.m. Profit Attributable to 1,521.9
Slide 14: Parent Airline Company Apr-Dec 2007
PARENT AIRLINE COMPANY APR-DEC 2007 Apr - Dec Apr- Dec Better/(Worse) 2007 2006 (%) ($M) ($M) Total Revenue 9,425.8 8,382.3 12.4 Total Expenditure (8,131.9) (7,708.3) (5.5) Operating Profit 1,293.9 674.0 92.0 Operating Profit 13.7 8.0 5.7 pts Margin (%) Slide 14
Slide 15: Thank You
Singapore Airlines — Q3 FY2007-08 Earnings Presentation on 6ix