Assignment

Singapore Airlines - Annual report

1. Discuss the debt structure and the source of external (i.e. non-equity) financing

· What types of debt
· How much$
· Interest rates
· Debt/equity ratio - is it ‘normal' for this industry
· Long term, short term, medium term

2. Comment on the provision for income tax figure, deferred tax assets/liabilities

· Provision for IT is the estimation of tax for year (current tax liability) - how does this compare with income tax expense
· What are the amounts for deferred tax items, what assets and liabilities do they relate to
· Have they increased or decreased since last year?