Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — H1 FY2015/16 Earnings Presentation

11 slides from Singapore Airlines's earnings presentation, Nov 5, 2015

  1. Slide 1: SIA Business Meeting: Q2 & H1 FY2015/16 Results

    SIA BUSINESS MEETING Q2 & H1 FY2015/16 Results 5 November 2015 THE PARENT AIRLINE Q2 & H1 FY2015/16 RESULTS 1

  2. Slide 2: Parent Airline Operating Performance – FY2015/16

    THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE – FY2015/16 % % Q2 15/16 Change H1 15/16 Change Available Seat-KM 30,082 -1.6 59,602 -2.0 (million) Revenue Pax-KM 25,177 +0.6 47,691 -1.7 (million) Passenger Load 83.7 +1.8 pts 80.0 +0.2 pts Factor (%) Slide 3 THE PARENT AIRLINE COMPANY OPERATING PER

  3. Slide 3: Monthly Passenger Yields and Unit Cost Performance

    THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE – FY2015/16 Monthly Pax Yields (Including Fuel Surcharge) FY13/14 FY14/15 FY15/16 ¢/pkm 12 11.5 11.5 11.4 11.4 11.4 11.4 11.3 11.2 11.1 11.3 11.3 10.9 11.2 11 11.1 11.1 11.1 10.8 10.8 10.9 10.9 10.7 10.7 10.7 10.6 10.5 10.4 10.1 10 Apr May Jun Jul Aug

  4. Slide 4: Operating Performance and Results – FY2015/16

    THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE % Passenger Load Factor 90 Breakeven Load Factor 85 75.4 82.7 81.9 -3.1 80.7 -1.9 79.8 -0.9 80 78.0 -0.2 79.6 79.8 80.0 -0.5 79.6 77.5 75 70 65 60 H1 11/12 H1 12/13 H1 13/14 H1 14/15 H1 15/16 Slide 7 THE PARENT AIRLINE COMPANY RESULTS – FY2015/16 Bett

  5. Slide 5: Cost Composition and Fuel Price Trend

    THE PARENT AIRLINE COMPANY COST COMPOSITION – H1 FY2014/15 ($M) Others 585.3 (-15.4, -2.6%) LPO* Charges Fuel Cost Post Hedging 291.1 (-15.3, -5.0%) 1,956.0 (-387.1, -16.5%) Passenger Costs 336.7 (-7.9, -2.3%) AMO Costs 367.0 (+39.7, +12.1%) Handling Charges 443.8 (+3.5, +0.8%) Staff Aircraft Deprec

  6. Slide 6: Fuel Expenditure and Unit Cost Analysis – H1 FY2015/16

    THE PARENT AIRLINE COMPANY FUEL EXPENDITURE – H1 FY2015/16 $M Lower weighted 2,500 average 2,343 fuel price Stronger Hedging USD Lower -387 loss vs against volume (-16.5%) gain last SGD uplifted Others 2,000 1,956 year +9 -15 +118 1,500 -965 +466 H1 Price Hedging Exchange Volume Others H1 FY14/15 FY

  7. Slide 7: SIA Group Group Revenue – FY2015/16

    SIA GROUP Q2 & H1 FY2015/16 RESULTS GROUP REVENUE – FY2015/16 ($ million) 4,000 3,905 3,914 H1 H1 15/16 15/16 3,845 Revenue Revenue 3,800 $7,242M $7,578M 3,708 3,733 3,682 3,677 3,600 3,565 Year-on-Year 3,400 $9M $345M -0.1% -4.5% 3,200 Q1 Q2 Q3 Q4 Q1 Q2 Slide 14 FY14/15 FY15/16 7

  8. Slide 8: Group Expenditure and Operating Profit – FY2015/16

    GROUP EXPENDITURE – FY2015/16 ($ million) 4,000 H1 15/16 Expenditure 3,800 3,773 3,771 3,716 $6,992M $7,338M 3,643 3,622 3,603 3,600 3,538 3,400 3,454 Year-on-Year $78M $424M 3,200 -1.1% -5.7% Q1 Q2 Q3 Q4 Q1 Q2 FY14/15 FY15/16 Slide 15 GROUP OPERATING PROFIT – FY2015/16 ($ million) 200 H1 15/16 Op P

  9. Slide 9: Contribution to Group Operating Profit and Net Profit

    CONTRIBUTION TO GROUP OPERATING PROFIT – FY2015/16 ($ million) H1 15/16 H1 14/15 Change % Change Singapore Airlines 206 183 + 23 + 12.6 SIA Engineering 48 37 + 11 + 29.7 SilkAir 26 5 + 21 + n.m. SIA Cargo (12) (34) + 22 + 64.7 Scoot (22) (44) + 22 + 50.0 Slide 17 GROUP NET PROFIT – FY2015/16 ($ mill

  10. Slide 10: Profit Attributable to Owners of Parent – H1 FY2015/16

    GROUP PROFIT ATTRIBUTABLE TO OWNERS OF PARENT – H1 FY2015/16 Higher ($ million) operating profit -57 400 Higher dividends -49 from AIH Loss this Lower +69 305 300 year vs share of gain last Expense +1 losses year this year +179 +98 vs credit (+142.1%) 200 last year 126 100 +117 0 H1 Associates Divid

  11. Slide 11: Thank You

    Thank You SINGAPORE AIRLINES 11

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