Singapore Airlines Ltd. · SGX:C6L
Singapore Airlines — Q3 FY2006-07 Earnings Presentation
15 slides from Singapore Airlines's earnings presentation, 2007
Slide 1: SIA Group Financial Results, 3rd Quarter FY 06/07
SIA Group Financial Results 3rd Quarter of FY 06/07 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 (2006-07)
SIA Group Q3 (2006-07) Q3 2006-07 Q3 2005-06 Better/(Worse) ($M) ($M) (%) Total Revenue 3,793.7 3,557.0 6.7 Operating Profit 447.7 374.7 19.5 Operating Profit 11.8 10.5 1.3 pts Margin (%) Slide 2
Slide 3: SIA Group Q3 (2006-07)
SIA Group Q3 (2006-07) Q3 2006-07 Q3 2005-06 Better/(Worse) ($M) ($M) (%) Total Revenue 3,793.7 3,557.0 6.7 Operating Profit 447.7 374.7 19.5 Non-operating items 68.8 164.0 (58.0) Exceptional Items 197.7 - n.m. Profit Before Tax 714.2 538.7 32.6 Profit Attributable to 589.2 396.6 48.6 Equity Holders
Slide 4: Contribution To Group Operating Profit
SIA Group Q3 (2006-07) Contribution To Group Operating Profit Others 3.9% (-0.1 pt) SIA Cargo 11.6% (-14.3 pts) SIA SIAEC 68.3% (+17.0 pts) 5.9% (-0.1 pt) SATS 10.3% (-2.5 pts) Slide 4
Slide 5: Parent Airline Company Q3 (2006-07)
Parent Airline Company Q3 (2006-07) Better/ Q3 2006-07 Q3 2005-06 (Worse) ($M) ($M) % Total Revenue 2,901.7 2,695.4 7.7 Total Expenditure (2,595.8) (2,503.3) (3.7) Operating Profit 305.9 192.1 59.2 Operating Profit 10.5 7.1 3.4 pts Margin Slide 5
Slide 6: Parent Airline Company Operating Statistics
Parent Airline Company Q3 (2006-07) Operating Statistics Q3 2006-07 Q3 2005-06 Change ($M) ($M) (%) Available Seat-KM (M) 28,434.5 27,566.3 + 3.1 Revenue Passenger- 22,940.6 21,121.6 + 8.6 KM (M) Passenger Load 80.7 76.6 + 4.1 pts Factor (%) Slide 6
Slide 7: Parent Airline Company Operating Statistics
Parent Airline Company Q3 (2006-07) Operating Statistics Q3 2006-07 Q3 2005-06 Change ($M) ($M) (%) Passenger Yield- 11.0 10.8 + 1.9 Including Fuel Surcharge (¢/pkm) Passenger Unit Cost 7.8 7.6 + 2.6 (¢/ask) Passenger 70.9 70.4 + 0.5 pt Breakeven Load Factor (%) Passenger Load 9.8 pts 6.2 pts + 3.6
Slide 8: Parent Airline Company Cost Composition
Parent Airline Company Q3 (2006-07) Cost Composition Others 22.9% (-1.1 pt) Fuel Aircraft Maint & 36.6% (-0.5 pt) Overhaul 5.6% (+0.4 pt) Handling 7.2% (-0.2 pt) Depreciation & Staff Lease Payments 17.4% (+2.1 pts) 10.3% (-0.7 pt) Slide 8
Slide 9: Top Expenditure Breakdown
Parent Airline Company Q3 (2006-07) Top 5 Expenditure Breakdown 950.0 (+2.2%) Fuel 929.1 450.8 (+17.5%) Staff 383.7 Depreciation & 268.6 (-2.4%) Q3 (2006-07) Lease Payments 275.1 Q3 (2005-06) 188.0 (+0.9%) Handling 186.3 Aircraft Maint & 144.8 (+10.5%) Overhaul Costs 131.1 $M 0 200 400 600 800 1,000
Slide 10: Fuel Price Before Hedging
Parent Airline Company Q3 (2006-07) Fuel Price Before Hedging USD/bbl 100 90 79.1 80 80.6 70 62.9 60 50 40 30 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY 04-05 FY 05-06 FY 06-07 Slide 10
Slide 11: Fuel Costs At Current Year's Price and Exchange Rate
Parent Airline Company Q3 (2006-07) Fuel Costs At Current Year’s Price and Exchange Rate (net of hedging) $M 1,000 950.0 929.1 +20.9 (+2.2%) 800 600 400 200 0 Q3 2005-06 Q3 2006-07 Slide 11
Slide 12: Passenger Unit Cost
Parent Airline Company Q3 (2006-07) Passenger Unit Cost ¢/ask 7.8 (+2.6%) 8 7.6 7 6 5 4 3 2 1 0 Q3 2005-06 Q3 2006-07 Slide 12
Slide 13: Passenger Unit Cost
Parent Airline Company Q3 (2006-07) Passenger Unit Cost ¢/ask 7.8 (+2.6%) 8 7.6 7 3.3 6 3.4 Unit Fuel Cost (-2.9%) 5 4 Unit Staff Cost 1.6 1.4 (+14.3%) 3 2 2.9 2.8 Unit Other Costs (+3.6%) 1 0 Q3 2005-06 Q3 2006-07 Slide 13
Slide 14: Group Capital Expenditure – Next Years
SIA Group Q3 (2006-07) Group Capital Expenditure – Next 5 Years ($ million) FY 07/08 FY 08/09 FY 09/10 FY 10/11 FY 11/12 Aircraft 1,800 2,300 3,500 4,800 4,500 Other Assets 600 500 500 300 300 2,400 2,800 4,000 5,100 4,800 Slide 14
Slide 15: Thank You
Singapore Airlines — Q3 FY2006-07 Earnings Presentation on 6ix