Singapore Airlines Ltd. · SGX:C6L

Singapore Airlines — Q1 FY2014-15 Earnings Presentation

9 slides from Singapore Airlines's earnings presentation, Jun 30, 2014

  1. Slide 1: SIA Group Financial Results for Q1 FY2014-15

    SIA GROUP FINANCIAL RESULTS For Q1 FY2014-15 Ended 30 June 2014 197200078R PARENT AIRLINE COMPANY Q1 FY2014-15

  2. Slide 2: Parent Airline Company Q1 2014-15 operating statistics and results

    PARENT AIRLINE COMPANY Q1 2014-15 Q1 Q1 Change FY14/15 FY13/14 % Available Seat-KM (M) 30,263.2 30,008.7 +0.8 Revenue Passenger-KM (M) 23,499.4 23,397.6 +0.4 Passenger Load Factor (%) 77.7 78.0 -0.3 pt Pax Yield – include fuel 10.9 11.1 -1.8 surcharge (¢/pkm) Passenger Unit Cost (¢/ask) 8.7 9.1 -4.4

  3. Slide 3: Operating Performance and Monthly Pax Yields

    PARENT AIRLINE COMPANY Q1 2014-15 Operating Performance % Passenger Load Factor 90 Breakeven Load Factor 85 82.0 80.7 80 -1.2 -4.0 79.8 78.4 78.0 -2.1 +1.5 79.5 -2.4 78.0 77.7 76.9 75 75.6 70 65 60 Q1 FY10/11 Q1 FY11/12 Q1 FY12/13 Q1 FY13/14 Q1 FY14/15 Slide 5 PARENT AIRLINE COMPANY Q1 2014-15 Month

  4. Slide 4: Cost Composition and Expenditure Breakdown

    PARENT AIRLINE COMPANY Q1 2014-15 Cost Composition Others LPO* Charges 9.1% (-1.6% pts) 5.2% (+0.3% pt) AMO Costs 5.5% (+0.1% pt) Fuel Cost Post Hedging Passenger Costs 38.8% (-0.5% pt) 5.8% (+0.3% pt) Handling Charges 7.4% (+0.4% pt) Staff 13.0% (+0.1% pt) Aircraft Depreciation & Lease Rentals 15.2

  5. Slide 5: Fuel Price After Hedging and Composition of Decrease in Fuel Cost

    PARENT AIRLINE COMPANY Q1 2014-15 Fuel Price After Hedging ($ million) Fuel Price before hedging (USD/BBL) 2,000 Fuel Price after hedging 160 Fuel Expenditure (after hedging) 150 1,800 134 133 140 124 126 127 126 124 130 132 130 1,600 120 120 121 123 124 121 110 100 1,400 96 100 88 90 90 90 88 93 85

  6. Slide 6: Group Revenue

    SIA GROUP Q1 FY2014-15 SIA GROUP Q1 2014-15 Group Revenue $M 4,500 4,000 3,840.2 3,777.4 3,682.2 3,577.6 3,465.8 3,500 Q1 2014-15 vs Q1 2013-14 3,000 $158.0 M (-4.1%) 2,500 2,000 Q1 Q1 Q1 Q1 Q1 FY10/11 FY11/12 FY12/13 FY13/14 FY14/15 Slide 12

  7. Slide 7: Group Expenditure and Operating Profit

    SIA GROUP Q1 2014-15 Group Expenditure $M 4,500 4,000 3,705.4 3,758.5 3,642.7 3,566.6 Q1 2014-15 vs 3,500 3,215.3 Q1 2013-14 3,000 $115.8 M (-3.1%) 2,500 2,000 Q1 Q1 Q1 Q1 Q1 FY10/11 FY11/12 FY12/13 FY13/14 FY14/15 Slide 13 SIA GROUP Q1 2014-15 Group Operating Profit $M % 500 10 Operating 400 8 7.2

  8. Slide 8: Group Operating Profit and Net Profit

    SIA GROUP Q1 2014-15 Group Operating Profit Q1 FY14/15 Q1 FY13/14 Better/(Worse) Better/(Worse) ($ M) ($ M) ($ M) (%) SIA 45.0 88.9 (43.9) (49.4) SIAEC 20.7 27.7 (7.0) (25.3) SilkAir 2.0 14.4 (12.4) (86.1) SIA Cargo (18.2) (40.4) 22.2 55.0 Slide 15 SIA GROUP Q1 2014-15 Group Net Profit $M 300 252.5

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

    SIA GROUP Q1 2014-15 Group Profit Attributable to Owners of the Parent $M 180 150 Lower 121.8 -42.2 share of 120 profit from JVs and 90 associates Exceptional -87.0 Lower items 60 34.8 operating -26.7 (-71.4%) profit -18.1 30 0 Q1 Operating JVs and Exceptional Others Q1 FY13/14 Profit Associates Ite

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