Singapore Airlines reported the following information in the notes to a recent annual report (in Singapore dollars):

Required:
1. Reconstruct the information in Note 19 into T-accounts for property, plant, and equipment and accumulated depreciation:

2. Compute the amount of cash the company received for disposals and transfers. Show computations.
3. Compute the percentage of depreciation expense to cash flows from operations. How do you interpret this percentage?

Transcribed Image Text:

SINGAPORE AIRLINES Notes to the Accounts 19. Property, plant, and equipment (in S million) Cost Aircraft Other property, plant, and equipment (summarized) Accumulated depreciation Aircraft Other fixed assets (summarized) Beginning Disposals/ End of of Year Additions Transfers Year $18,180.1 $2.257.2 $1,730.3 $18,707.0 5,659.1 2,160.8 2,399.0 6,420.9 5.634.2 1,468.5 843.9 6.258.8 2,730.9 376.2 230.4 2,876.7