Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — H1 FY2016/17 Earnings Presentation

10 slides from Singapore Airlines's earnings presentation, Nov 3, 2016

  1. Slide 1: Q2 & 1H FY2016/17 Results

    SIA 83rd BUSINESS MEETING Q2 & 1H FY2016/17 Results 3 November 2016 THE PARENT AIRLINE Q2 & 1H FY2016/17 RESULTS 1

  2. Slide 2: The Parent Airline Company Operating Performance

    THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE % % Q2 16/17 Change 1H 16/17 Change Available Seat-KM 29,884 -0.7 59,072 -0.9 (million) Revenue Pax-KM 24,027 -4.6 46,164 -3.2 (million) Passenger Load 80.4 -3.3 pts 78.1 -1.9 pts Factor (%) Slide 3 THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE % %

  3. Slide 3: Operating Performance: Monthly Pax Yields and Unit Cost

    THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE Monthly Pax Yields (Including Fuel Surcharge) FY14/15 FY15/16 FY16/17 (¢/pkm) 11.5 11.4 11.4 11.4 11.4 11.5 11.5 11.2 11.1 11.0 11.0 10.9 10.9 10.9 10.8 10.7 10.7 10.6 10.7 10.7 10.5 10.5 10.5 10.4 10.6 10.5 10.3 10.2 10.2 10.2 10.1 9.7 9.5 Apr May Ju

  4. Slide 4: Operating Performance: Load Factor and Results

    THE PARENT AIRLINE COMPANY OPERATING PERFORMANCE (%) Passenger Load Factor 90 Breakeven Load Factor 85 82.7 81.9 -3.1 80.7 79.8 -0.9 -1.9 80 -0.2 78.4 79.6 79.6 79.8 80.0 -0.3 78.1 75 70 65 60 1H 12/13 1H 13/14 1H 14/15 1H 15/16 1H 16/17 Slide 7 THE PARENT AIRLINE COMPANY RESULTS Better/ Better/ Q2

  5. Slide 5: Cost Composition and Fuel Expenditure

    THE PARENT AIRLINE COMPANY COST COMPOSITION 1H FY16/17 ($’M) Handling Charges Staff Cost 452.5 824.8 AMO Costs (+8.7, +2.0%) (+47.2, +6.1%) 401.5 LPO* Charges (+34.5, +9.4%) 299.3 (+8.2, +2.8%) Aircraft Depreciation Passenger Costs and Lease 334.4 Rentals (-2.3, -0.7%) 924.1 (-19.5, -2.1%) Others 62

  6. Slide 6: SIA Group Unit Cost Analysis

    THE PARENT AIRLINE COMPANY UNIT COST ANALYSIS (¢/ask) 10 8.6 8.0 8 3.3 Unit Fuel Cost 2.4 (-27.3%) 6 1.4 (+7.7%) 1.3 Unit Staff Cost 4 4.0 Unit Other Cost 4.2 (+5.0%) 2 0 1H FY15/16 1H FY16/17 Slide 11 SIA GROUP Q2 & 1H FY2016/17 RESULTS 6

  7. Slide 7: Group Revenue and Group Expenditure

    GROUP REVENUE ($ million) 4,000 1H 16/17 3,941 Revenue 3,900 3,845 $7,305M 3,800 3,733 3,709 3,700 Year-on-Year 3,654 3,651 $9M $273M 3,600 -0.1% -3.6% 3,500 Q1 Q2 Q3 Q4 Q1 Q2 FY15/16 FY16/17 Slide 13 GROUP EXPENDITURE ($ million) 3,800 1H 16/17 3,716 Expenditure 3,700 3,653 $7,003M 3,622 3,600 3,55

  8. Slide 8: Group Operating Profit and Contribution by Company

    GROUP OPERATING PROFIT ($ million) 400 1H 16/17 Op Profit 288 $302M 300 193 200 153 129 Year-on-Year 111 109 100 $9M $62M -0.1% +25.8% 0 Q1 Q2 Q3 Q4 Q1 Q2 FY15/16 FY16/17 Slide 15 CONTRIBUTION TO GROUP OPERATING PROFIT 1H 16/17 1H 15/16 Change % Change Singapore Airlines 276 206 + 70 + 34.0 SilkAir

  9. Slide 9: Group Profit Attributable to Owners of Parent

    GROUP PROFIT ATTRIBUTABLE TO OWNERS OF PARENT ($ million) 400 1H 16/17 Net Profit 322 305 $322M 300 282 200 168 126 Year-on-Year 100 $9M $17M -0.1% +5.6% 0 1H 1H 1H 1H 1H FY12/13 FY13/14 FY14/15 FY15/16 FY16/17 Slide 17 GROUP PROFIT ATTRIBUTABLE TO OWNERS OF PARENT ($ million) Lower dividends 550 fr

  10. Slide 10: Per Share Data / Thank You

    PER SHARE DATA 1H FY16/17 1H FY15/16 EBITDAR Per Share ($) 1.43 1.39 Earnings Per Share (¢) 27.2 26.1 Interim Dividend Per 9.0 10.0 Share (¢) At 30 Sep’16 At 31 Mar’16 Net Asset Value Per 11.20 10.96 Share ($) Slide 19 THANK YOU 10

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