Cash flow Singapore Airlines Limited

Equities

C6L

SG1V61937297

Airlines

Market Closed - Singapore S.E. Other stock markets 10:06:59 06/09/2024 BST			5-day change	1st Jan Change
6.280 ^SGD	-0.32%		0.00%	-4.27%

09-06	Singapore Airlines Buys Back More Shares	MT
09-05	EU top court should reject Air France-KLM cartel fine appeal, court adviser says	RE

63fd71df4ccbc2cb130a6d5636e9c824.H6UCs1rKSMz0j8HqBD--wD4G5Q_BES3egi5lsAtUQ5g.K99H9jKNEI6m3bimMHn3hFA_lz6jfmjq1h401UJgK9le8WeEKr0RpKHspg

Published financial data: SINGAPORE AIRLINES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	15.98B	3.82B	7.61B	17.77B	19.01B
Total Revenues	15.98B	3.82B	7.61B	17.77B	19.01B
Cost of Goods Sold, Total	11.94B	3.55B	5.39B	11.14B	12.37B
Gross Profit	4.04B	264M	2.22B	6.63B	6.65B
Selling General & Admin Expenses, Total	824M	-1M	239M	814M	809M
Depreciation & Amortization - (IS)	2.13B	2.08B	1.93B	2B	2.11B
Amortization of Goodwill and Intangible Assets - (IS)	57.5M	65.8M	72M	75.6M	76.2M
Other Operating Expenses	877M	632M	596M	1.02B	895M
Other Operating Expenses, Total	3.89B	2.77B	2.83B	3.91B	3.89B
Operating Income	146M	-2.51B	-611M	2.72B	2.76B
Interest Expense, Total	-219M	-265M	-387M	-416M	-418M
Interest And Investment Income	45.3M	43.8M	49.9M	417M	632M
Net Interest Expenses	-173M	-221M	-337M	400K	214M
Income (Loss) On Equity Invest.	-78.7M	-113M	-116M	-31.2M	73.7M
Currency Exchange Gains (Loss)	-11.5M	10.6M	1M	-26.4M	-28.6M
Other Non Operating Income (Expenses)	-4.7M	-38.4M	-49.5M	-73.1M	-11.1M
EBT, Excl. Unusual Items	-122M	-2.87B	-1.11B	2.59B	3B
Restructuring Charges	-	-44.7M	500K	1.3M	500K
Impairment of Goodwill	-	-170M	-	-14M	-
Gain (Loss) On Sale Of Investments	-30.9M	-26.5M	-9.8M	-100K	4.7M
Gain (Loss) On Sale Of Assets	11.2M	-36.7M	90.4M	2.5M	65.6M
Asset Writedown	-14.2M	-1.78B	-58.9M	58.9M	-12.5M
Legal Settlements	-	-	-	-	-
Other Unusual Items	-64.5M	-24.3M	-	-	-25.4M
EBT, Incl. Unusual Items	-220M	-4.96B	-1.09B	2.64B	3.04B
Income Tax Expense	-50.8M	-674M	-142M	474M	342M
Earnings From Continuing Operations	-169M	-4.28B	-948M	2.16B	2.7B
Net Income to Company	-169M	-4.28B	-948M	2.16B	2.7B
Minority Interest	-42.6M	12.7M	-13.9M	-6.5M	-20.3M
Net Income - (IS)	-212M	-4.27B	-962M	2.16B	2.67B
Net Income to Common Incl Extra Items	-212M	-4.27B	-962M	2.16B	2.67B
Net Income to Common Excl. Extra Items	-212M	-4.27B	-962M	2.16B	2.67B
Per Share Items
Net EPS - Basic	-0.18	-1.16	-0.16	0.36	0.63
Basic EPS - Continuing Operations	-0.18	-1.16	-0.16	0.36	0.63
Basic Weighted Average Shares Outstanding	1.18B	3.69B	5.94B	6.05B	4.23B
Net EPS - Diluted	-0.18	-1.16	-0.16	0.35	0.61
Diluted EPS - Continuing Operations	-0.18	-1.16	-0.16	0.35	0.61
Diluted Weighted Average Shares Outstanding	1.18B	3.69B	5.94B	6.21B	4.39B
Normalized Basic EPS	-0.1	-0.48	-0.12	0.27	0.44
Normalized Diluted EPS	-0.1	-0.48	-0.12	0.26	0.42
Dividend Per Share	0.08	-	-	0.38	0.48
Payout Ratio	-167.69	-	-	13.78	42.25
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
EBITDA	1.85B	-791M	853M	4.21B	4.32B
EBITA	146M	-2.51B	-611M	2.72B	2.76B
EBIT	146M	-2.51B	-611M	2.72B	2.76B
EBITDAR	2.81B	-779M	1.32B	4.89B	5.13B
Effective Tax Rate - (Ratio)	23.07	13.59	13.02	17.96	11.26
Total Current Taxes	3.6M	45.5M	66.2M	-19.7M	-49.4M
Total Deferred Taxes	-54.4M	-719M	-208M	493M	391M
Normalized Net Income	-119M	-1.78B	-709M	1.61B	1.86B
Interest Capitalized	63.4M	58.8M	43.9M	92M	39.8M
Interest on Long-Term Debt	75.7M	68.8M	143M	186M	188M
Non-Cash Pension Expense	9.2M	9M	7.8M	4M	7M
Supplemental Operating Expense Items
Selling and Marketing Expenses	824M	-1M	239M	814M	809M
Research And Development Expense From Footnotes	1.6M	1.6M	1.5M	1.5M	1.4M
Net Rental Expense, Total	966M	12.3M	469M	681M	808M
Imputed Operating Lease Interest Expense	234M	2.37M	104M	177M	206M
Imputed Operating Lease Depreciation	731M	9.93M	364M	504M	602M
Maintenance & Repair Expenses, Total	835M	446M	453M	527M	727M
Stock-Based Comp., COGS (Total)	20.5M	13.2M	17M	23.5M	31.4M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	20.5M	13.2M	17M	23.5M	31.4M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	2.69B	7.78B	13.76B	16.33B	11.27B
Short Term Investments	448M	293M	424M	426M	1.32B
Trading Asset Securities, Total	-	-	5.5M	81.2M	76M
Total Cash And Short Term Investments	3.13B	8.08B	14.19B	16.84B	12.66B
Accounts Receivable, Total	820M	940M	1.57B	1.19B	1.39B
Other Receivables	306M	96.4M	184M	262M	477M
Notes Receivable	-	-	-	-	-
Total Receivables	1.13B	1.04B	1.75B	1.45B	1.87B
Inventory	239M	195M	187M	227M	268M
Prepaid Expenses	121M	80.7M	93.2M	105M	154M
Other Current Assets, Total	222M	285M	1.46B	678M	694M
Total Current Assets	4.84B	9.67B	17.69B	19.3B	15.64B
Gross Property Plant And Equipment	28.22B	28.35B	28.78B	29.25B	31.55B
Accumulated Depreciation	-6.94B	-8.54B	-9.14B	-9.99B	-11.16B
Net Property Plant And Equipment	21.28B	19.81B	19.64B	19.26B	20.39B
Long-term Investments	1.1B	1.19B	1.24B	1.25B	1.29B
Goodwill	184M	14M	14M	1.6M	6.3M
Other Intangibles, Total	221M	231M	219M	213M	214M
Deferred Charges Long-Term	38.1M	22.1M	20.3M	18.6M	0
Other Long-Term Assets, Total	6.04B	6.64B	9.85B	9.06B	6.73B
Total Assets	33.71B	37.58B	48.67B	49.1B	44.26B
Liabilities
Accounts Payable, Total	2.92B	1.68B	2.41B	3.93B	4.26B
Accrued Expenses, Total	46.2M	71.7M	72.5M	66.2M	57.6M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	2.72B	1.31B	844M	2.55B	916M
Current Portion of Leases	493M	491M	568M	617M	613M
Current Income Taxes Payable	68.5M	95.4M	153M	128M	68.2M
Unearned Revenue Current, Total	2.81B	1.54B	3.05B	5.52B	5.79B
Other Current Liabilities	1.94B	530M	776M	860M	971M
Total Current Liabilities	11B	5.71B	7.87B	13.67B	12.67B
Long-Term Debt	7.24B	10.83B	11.41B	8.61B	8.74B
Long-Term Leases	1.47B	2.37B	3.11B	3.56B	3.18B
Pension & Other Post Retirement Benefits	112M	107M	99.9M	91.2M	84.7M
Deferred Tax Liability Non Current	1.34B	1.03B	1.06B	1.43B	1.8B
Other Non Current Liabilities	2.83B	1.25B	2.32B	1.48B	1.04B
Total Liabilities	23.98B	21.3B	25.87B	28.85B	27.52B
Common Stock, Total	1.86B	10.68B	16.87B	13.38B	8.73B
Retained Earnings	9.86B	5.63B	4.67B	6.17B	7.31B
Treasury Stock	-156M	-133M	-106M	-73.8M	-37.5M
Comprehensive Income and Other	-2.24B	-272M	973M	383M	342M
Total Common Equity	9.31B	15.91B	22.41B	19.86B	16.34B
Minority Interest	419M	372M	388M	392M	407M
Total Equity	9.73B	16.28B	22.8B	20.25B	16.74B
Total Liabilities And Equity	33.71B	37.58B	48.67B	49.1B	44.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.27B	4.27B	6.45B	5.19B	3.57B
ECS Total Common Shares Outstanding	1.19B	4.27B	6.45B	5.19B	3.57B
Book Value / Share	7.86	3.73	3.48	3.83	4.58
Tangible Book Value	8.91B	15.66B	22.18B	19.64B	16.12B
Tangible Book Value Per Share	7.52	3.67	3.44	3.79	4.52
Total Debt	11.91B	15B	15.93B	15.34B	13.45B
Net Debt	8.78B	6.93B	1.74B	-1.5B	788M
Debt Equivalent Oper. Leases	7.72B	98.4M	3.75B	5.45B	6.46B
Minority Interest, Total (Incl. Fin. Div)	419M	372M	388M	392M	407M
Equity Method Investments, Total	1.01B	1.03B	1.04B	1.02B	1.08B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Others	239M	195M	187M	227M	268M
Land - (BS)	650M	646M	651M	651M	639M
Buildings, Total	135M	135M	135M	135M	135M
Machinery, Total	24.97B	24.61B	24.14B	23.99B	26.73B
Full Time Employees	28.16K	22.93K	21.51K	22.82K	-
Accumulated Allowance for Doubtful Accounts (Supple)	78.1M	93.3M	92.4M	84.5M	94.8M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	-212M	-4.27B	-962M	2.16B	2.67B
Depreciation & Amortization - CF	2.13B	2.08B	1.93B	2B	2.11B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	2.13B	2.08B	1.93B	2B	2.11B
Amortization of Deferred Charges, Total - (CF)	59.3M	71.6M	78.5M	103M	99.5M
(Gain) Loss From Sale Of Asset	-11.2M	36.7M	-90M	-2.9M	-64.6M
(Gain) Loss on Sale of Investments - (CF)	26.7M	28.8M	13.2M	1.7M	-5.8M
Asset Writedown & Restructuring Costs	20.7M	2.03B	59.5M	-45.9M	11.9M
(Income) Loss On Equity Investments - (CF)	78.7M	113M	116M	31.2M	-73.7M
Stock-Based Compensation (CF)	20.5M	13.2M	17M	23.5M	31.4M
Provision and Write-off of Bad Debts	7.5M	4.6M	9.1M	-9.5M	9.2M
Other Operating Activities, Total	1.07B	28.8M	354M	831M	213M
Change In Accounts Receivable	660M	226M	-385M	422M	-178M
Change In Inventories	-18.2M	-13.1M	500K	-46.1M	-47.8M
Change In Accounts Payable	-346M	-2.62B	485M	1.19B	118M
Change in Unearned Revenues	-529M	-1.27B	1.51B	2.46B	244M
Change in Other Net Operating Assets	-226M	256M	-89.4M	5M	-85.9M
Cash from Operations	2.73B	-3.29B	3.04B	9.13B	5.05B
Capital Expenditure	-5.1B	-2.7B	-3.05B	-1.61B	-1.23B
Sale of Property, Plant, and Equipment	124M	156M	300M	17.5M	96.4M
Cash Acquisitions	-	-	-	-4.2M	15.6M
Divestitures	-	5.3M	-	-	100K
Sale (Purchase) of Intangible assets	-91.6M	-74.1M	-74.4M	-82.2M	-96M
Investment in Marketable and Equity Securities, Total	-134M	-26.6M	-263M	-35.1M	-884M
Net (Increase) Decrease in Loans Originated / Sold - Investing	9.2M	8.1M	9M	9.2M	2.2M
Other Investing Activities, Total	230M	1.31B	830M	1.57B	661M
Cash from Investing	-4.96B	-1.31B	-2.25B	-134M	-1.44B
Long-Term Debt Issued, Total	3.99B	6.59B	821M	6.2M	1.09B
Total Debt Issued	3.99B	6.59B	821M	6.2M	1.09B
Long-Term Debt Repaid, Total	-1.45B	-5.4B	-1.58B	-5.59B	-8.42B
Total Debt Repaid	-1.45B	-5.4B	-1.58B	-5.59B	-8.42B
Issuance of Common Stock	-	8.83B	6.2B	-	-
Repurchase of Common Stock	-	-	-	-	-3.2M
Common Dividends Paid	-356M	-	-	-297M	-1.13B
Common & Preferred Stock Dividends Paid	-356M	-	-	-297M	-1.13B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-240M	-288M	-283M	-334M	-313M
Cash from Financing	1.94B	9.74B	5.16B	-6.21B	-8.78B
Foreign Exchange Rate Adjustments	38.6M	-32.6M	25.1M	-218M	102M
Net Change in Cash	-259M	5.1B	5.98B	2.56B	-5.06B
Supplemental Items
Cash Interest Paid	206M	232M	277M	333M	285M
Cash Income Tax Paid (Refund)	19.8M	17.6M	8.3M	5.2M	10.7M
Levered Free Cash Flow	-1.67B	-6.11B	-1.08B	6.96B	2.49B
Unlevered Free Cash Flow	-1.54B	-5.95B	-842M	7.2B	2.73B
Change In Net Working Capital	-1.35B	3.77B	-647M	-5.08B	-120M
Net Debt Issued / Repaid	2.53B	1.2B	-754M	-5.58B	-7.33B

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.28	-4.4	-0.88	3.48	3.69
Return on Total Capital	0.44	-5.92	-1.09	4.57	5.24
Return On Equity %	-1.45	-32.94	-4.85	10.05	14.57
Return on Common Equity	-1.88	-33.87	-5.02	10.2	14.78
Margin Analysis
Gross Profit Margin %	25.28	6.92	29.2	37.31	34.96
SG&A Margin	5.16	-0.03	3.13	4.58	4.26
EBITDA Margin %	11.57	-20.74	11.21	23.68	22.72
EBITA Margin %	0.92	-65.74	-8.02	15.29	14.5
EBIT Margin %	0.92	-65.74