Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q1 FY2012-13 Earnings Presentation

10 slides from Singapore Airlines's earnings presentation, August 2012

  1. Slide 1: SIA Group Financial Results Q1 FY2012-13

    SIA GROUP FINANCIAL RESULTS For Q1 FY2012-13 Ended 30 June 2012 197200078R PARENT AIRLINE COMPANY Q1 FY2012-2013 Results 197200078R 1

  2. Slide 2: Parent Airline Company Q1 2012-13 results

    PARENT AIRLINE COMPANY Q1 2012-13 Q1 Q1 Better/ Better/ 2012-13 2011-12 (Worse) (Worse) ($M) % Total Revenue ($ M) 3,103.9 2,902.4 201.5 6.9 Total Expenditure ($ M) 3,019.0 2,938.0 (81.0) (2.8) -- Fuel cost 1,243.2 1,214.3 (28.9) (2.4) -- Fuel hedging loss/(gain) 24.5 (9.7) (34.2) n.m. -- Non-fuel e

  3. Slide 3: Yield, unit cost and load factor

    PARENT AIRLINE COMPANY Q1 2012-13 Q1 Q1 Change 2012-13 2011-12 % Pax Yield – include fuel surcharge 11.4 11.8 -3.4 (¢/pkm) Passenger Unit Cost (¢/ask) 9.2 9.2 - Passenger Breakeven Load Factor (%) 80.7 78.0 +2.7 pts Passenger Load Factor (%) 79.5 75.6 +3.9 pts Passenger Load Factor Spread (% pts) -1

  4. Slide 4: Operating Performance: Load Factor vs Breakeven

    PARENT AIRLINE COMPANY Q1 2012-13 Operating Performance % Passenger Load Factor 90 Breakeven Load Factor 85 84.3 80.7 80 78.4 78.0 79.5 76.7 76.9 76.5 75.6 75 71.6 70.2 70 65 0 1Q 1Q 1Q 1Q 1Q FY08/09 FY09/10 FY10/11 FY11/12 FY12/13 Slide 7 PARENT AIRLINE COMPANY Q1 2012-13 Operating Performance % Pa

  5. Slide 5: Fuel Price Before Hedging and Cost Composition

    PARENT AIRLINE COMPANY Q1 2012-13 Fuel Price Before Hedging Fuel Price before hedging ($ million) Fuel Expenditure (before hedging) (USD/BBL) 2,000 149 160 160 136 150 1,800 1,743 129 132 140 130 133 1,600 1,557 130 120 110 1,400 98 100 1,254 1,251 1,243 1,214 1,170 90 1,200 80 1,094 70 1,000 60 61

  6. Slide 6: Top Expenditure Breakdown and Fuel Cost Increase

    PARENT AIRLINE COMPANY Q1 2012-13 Top 5 Expenditure Breakdown Fuel After 1,267.7 (+63.1 or Hedging 1,204.6 +5.2%) Aircraft Depr. & 411.0 (-47.8 or -10.4%) Lease Rentals 458.8 Staff 394.4 (+41.0 or +11.6%) 353.4 Q1 2012-13 Q1 2011-12 Handling Charges 212.4 (+11.9 or +5.9%) 200.5 Passenger Costs 158.8

  7. Slide 7: The Group Q1 FY2012-13 Revenue

    THE GROUP Q1 FY2012-2013 Results 197200078R SIA GROUP Q1 2012-13 $M Group Revenue 4,500 4,131.7 Q1 2012-13 vs 4,000 Q1 2011-12 3,777.4 3,577.6 199.8 M 3,465.8 3,500 (+5.6%) 3,000 2,871.4 2,500 0 1Q 1Q 1Q 1Q 1Q FY08/09 FY09/10 FY10/11 FY11/12 FY12/13 Slide 14 7

  8. Slide 8: Group Expenditure and Operating Profit

    SIA GROUP Q1 2012-13 $M Group Expenditure 4,500 Q1 2012-13 vs 4,000 Q1 2011-12 3,788.5 3,566.6 3,705.4 138.8 M 3,500 (+3.9%) 3,190.7 3,215.3 3,000 2,500 0 1Q 1Q 1Q 1Q 1Q FY08/09 FY09/10 FY10/11 FY11/12 FY12/13 Slide 15 SIA GROUP Q1 2012-13 Group Operating Profit $M 600 12 8.3 Operating 7.2 400 8 Pro

  9. Slide 9: Group Operating Profit and Net Profit

    SIA GROUP Q1 2012-13 Group Operating Profit 1Q 12/13 1Q 11/12 Better/(Worse) Better/(Worse) ($ M) ($ M) ($ M) (%) SIA 84.9 (35.6) 120.5 n.m. SIAEC 34.4 34.7 (0.3) (0.9) SilkAir 18.1 20.9 (2.8) (13.4) SIA Cargo (49.0) (13.5) (35.5) n.m. Slide 17 SIA GROUP Q1 2012-13 Group Net Profit $M 400 358.6 300

  10. Slide 10: Group Profit Attributable to Owners of the Parent

    SIA GROUP Q1 2012-13 Group Profit Attributable to Owners of the Parent Loss on $M disposal of 140 Higher aircraft operating against 120 profit surplus last year Higher Net share of interest 100 profits receivable 78.0 from JVs and others (+74.5%) 80 +4.2 +33.3 60 44.7 -40.6 +8.7 40 +61.0 20 0 Q1 Q1

Singapore Airlines — Q1 FY2012-13 Earnings Presentation on 6ix