SATS S58
Financials
SATS Ltd. Annual Report FY2026
Explore the statements
15 tablesConsolidated Income Statement for the financial year ended 31 March 2026
22 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Revenue | |||
| Revenue$ million | 6,345.5 | 5,821.1 | PDF p. 68 |
| Expenditure | |||
| Staff costs$ million | (3,424.6) | (3,161.7) | PDF p. 68 |
| Cost of raw materials and supplies$ million | (574.4) | (545.4) | PDF p. 68 |
| Licence fees$ million | (143.0) | (123.3) | PDF p. 68 |
| Depreciation and amortisation charges$ million | (603.1) | (560.5) | PDF p. 68 |
| Company premise, utilities and maintenance$ million | (361.5) | (353.4) | PDF p. 68 |
| Subcontracting services$ million | (277.5) | (248.6) | PDF p. 68 |
| Other costs$ million | (418.1) | (352.5) | PDF p. 68 |
| Expenditure subtotal | |||
| Subtotal$ million | (5,802.2) | (5,345.4) | PDF p. 68 |
| Operating profit | |||
| Operating profit$ million | 543.3 | 475.7 | PDF p. 68 |
| Finance | |||
| Finance expense$ million | (240.4) | (245.8) | PDF p. 68 |
| Finance income$ million | 12.2 | 14.6 | PDF p. 68 |
| Finance and other results | |||
| Share of results of associates/joint ventures, net of tax$ million | 114.5 | 114.3 | PDF p. 68 |
| Other non-operating (loss)/gain, net$ million | (13.4) | 0.9 | PDF p. 68 |
| Profit | |||
| Profit before tax$ million | 416.2 | 359.7 | PDF p. 68 |
| Income tax expense$ million | (111.1) | (98.9) | PDF p. 68 |
| Profit for the year$ million | 305.1 | 260.8 | PDF p. 68 |
| Profit attributable to | |||
| Owners of the Company$ million | 285.2 | 243.8 | PDF p. 68 |
| Non-controlling interests$ million | 19.9 | 17.0 | PDF p. 68 |
| Profit attributable to subtotal | |||
| Subtotal$ million | 305.1 | 260.8 | PDF p. 68 |
| Earnings per share (cents) | |||
| Basiccents per share | 19.2 | 16.4 | PDF p. 68 |
| Dilutedcents per share | 18.8 | 16.2 | PDF p. 68 |
Definitions & sources
Original report: PDF p. 68 ↗
Consolidated Statement of Comprehensive Income for the financial year ended 31 March 2026
12 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Profit | |||
| Profit for the year$ million | 305.1 | 260.8 | PDF p. 68 |
| Other comprehensive income; items that will not be reclassified to profit or loss | |||
| Actuarial loss on defined benefit plan$ million | (1.4) | (0.5) | PDF p. 68 |
| Other comprehensive income; items that are or may be reclassified subsequently to profit or loss | |||
| Net fair value changes on financial assets$ million | 7.7 | – | PDF p. 68 |
| Hedge translation differences$ million | – | 0.1 | PDF p. 68 |
| Foreign currency translation differences$ million | (92.7) | (6.8) | PDF p. 68 |
| Foreign currency translation differences on disposal of interests in associates reclassified to profit and loss$ million | 0.4 | 11.9 | PDF p. 68 |
| Other comprehensive income subtotal | |||
| Subtotal$ million | (84.6) | 5.2 | PDF p. 68 |
| Other comprehensive income | |||
| Other comprehensive income for the year, net of tax$ million | (86.0) | 4.7 | PDF p. 68 |
| Total comprehensive income | |||
| Total comprehensive income for the year$ million | 219.1 | 265.5 | PDF p. 68 |
| Total comprehensive income attributable to | |||
| Owners of the Company$ million | 200.9 | 249.9 | PDF p. 68 |
| Non-controlling interests$ million | 18.2 | 15.6 | PDF p. 68 |
| Total comprehensive income attributable subtotal | |||
| Subtotal$ million | 219.1 | 265.5 | PDF p. 68 |
Definitions & sources
Original report: PDF p. 68 ↗
Statements of Financial Position as at 31 March 2026
38 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Equity | |||||
| Share capital$ million | 1,174.4 | 1,174.4 | 1,174.4 | 1,174.4 | PDF p. 69 |
| Treasury shares$ million | (63.9) | (33.2) | (63.9) | (33.2) | PDF p. 69 |
| Share-based compensation reserve$ million | 49.1 | 39.3 | 49.1 | 39.3 | PDF p. 69 |
| Foreign currency translation reserve$ million | (264.9) | (167.7) | – | – | PDF p. 69 |
| Revenue reserve$ million | 1,792.3 | 1,592.0 | 1,822.0 | 1,710.0 | PDF p. 69 |
| Other reserves*$ million | 63.3 | (18.1) | (27.7) | (34.3) | PDF p. 69 |
| Equity attributable to owners of the Company$ million | 2,750.3 | 2,586.7 | 2,953.9 | 2,856.2 | PDF p. 69 |
| Non-controlling interests$ million | 186.4 | 182.2 | – | – | PDF p. 69 |
| Total equity$ million | 2,936.7 | 2,768.9 | 2,953.9 | 2,856.2 | PDF p. 69 |
| Assets | |||||
| Property, plant and equipment$ million | 986.5 | 860.3 | 14.7 | 7.7 | PDF p. 69 |
| Right-of-use assets$ million | 1,646.7 | 1,628.1 | 61.1 | 65.7 | PDF p. 69 |
| Investment properties$ million | – | – | 90.3 | 105.4 | PDF p. 69 |
| Intangible assets$ million | 3,459.2 | 3,467.4 | 17.0 | 21.9 | PDF p. 69 |
| Investment in subsidiaries$ million | – | – | 3,591.8 | 2,219.8 | PDF p. 69 |
| Investment in associates$ million | 463.4 | 448.2 | 225.6 | 226.1 | PDF p. 69 |
| Investment in joint ventures$ million | 307.5 | 318.9 | 24.6 | 24.6 | PDF p. 69 |
| Deferred tax assets$ million | 49.9 | 65.2 | – | – | PDF p. 69 |
| Other receivables$ million | 3.8 | 0.5 | 518.4 | 470.7 | PDF p. 69 |
| Other non-current assets$ million | 87.3 | 42.6 | 39.8 | – | PDF p. 69 |
| Non-current assets$ million | 7,004.3 | 6,831.2 | 4,583.3 | 3,141.9 | PDF p. 69 |
| Trade and other receivables$ million | 1,176.2 | 1,165.2 | 46.9 | 961.1 | PDF p. 69 |
| Prepayments and deposits$ million | 52.5 | 63.5 | 5.4 | 8.6 | PDF p. 69 |
| Inventories$ million | 88.3 | 85.8 | 0.4 | 0.4 | PDF p. 69 |
| Cash and cash equivalents$ million | 752.5 | 694.0 | 12.3 | 126.5 | PDF p. 69 |
| Asset held for sale$ million | – | 43.0 | – | – | PDF p. 69 |
| Current assets$ million | 2,069.5 | 2,051.5 | 65.0 | 1,096.6 | PDF p. 69 |
| Liabilities | |||||
| Other non-current payables$ million | 216.4 | 168.9 | 17.7 | 18.6 | PDF p. 69 |
| Liabilities; non-current | |||||
| Notes and borrowings$ million | 2,128.7 | 824.6 | 1,106.2 | 69.8 | PDF p. 69 |
| Lease liabilities$ million | 1,454.2 | 1,417.5 | 61.5 | 65.4 | PDF p. 69 |
| Deferred tax liabilities$ million | 195.3 | 209.7 | 31.6 | 24.8 | PDF p. 69 |
| Liabilities | |||||
| Non-current liabilities$ million | 3,994.6 | 2,620.7 | 1,217.0 | 178.6 | PDF p. 69 |
| Liabilities; current | |||||
| Trade and other payables$ million | 1,472.2 | 1,393.2 | 355.2 | 350.9 | PDF p. 69 |
| Notes and borrowings$ million | 246.5 | 1,713.3 | 95.0 | 840.7 | PDF p. 69 |
| Lease liabilities$ million | 306.7 | 288.7 | 4.0 | 3.9 | PDF p. 69 |
| Income tax payable$ million | 117.1 | 97.9 | 23.2 | 8.2 | PDF p. 69 |
| Liabilities | |||||
| Current liabilities$ million | 2,142.5 | 3,493.1 | 477.4 | 1,203.7 | PDF p. 69 |
| Net assets | |||||
| Net current liabilities$ million | (73.0) | (1,441.6) | (412.4) | (107.1) | PDF p. 69 |
| Net assets$ million | 2,936.7 | 2,768.9 | 2,953.9 | 2,856.2 | PDF p. 69 |
Definitions & sources
Original report: PDF p. 69 ↗
* Other reserves consist of gain/(loss) on reissuance of treasury shares, capital reserve, fair value reserve and statutory reserve.
Consolidated Statement of Cash Flows
48 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY2026, $ million | 2025Group, FY2025, $ million | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before tax$ million | 416.2 | 359.7 | PDF p. 71 |
| Adjustments for | |||
| Finance expense, net$ million | 228.2 | 231.2 | PDF p. 71 |
| Depreciation and amortisation charges$ million | 603.1 | 560.5 | PDF p. 71 |
| Unrealised foreign exchange loss$ million | 39.8 | 19.2 | PDF p. 71 |
| Share of results of associates/joint ventures, net of tax$ million | (114.5) | (114.3) | PDF p. 71 |
| Share-based compensation expense$ million | 34.7 | 45.3 | PDF p. 71 |
| Provision/(reversal of provision) for doubtful debts$ million | 2.8 | (2.5) | PDF p. 71 |
| Loss/(gain) on disposal of property, plant and equipment (“PPE”)/right-of-use assets/intangible assets$ million | 2.2 | (4.2) | PDF p. 71 |
| Impairment for joint ventures/ PPE, net$ million | 13.1 | 3.9 | PDF p. 71 |
| (Gain)/loss on disposal of associate and secured loan redemption$ million | (4.2) | 11.7 | PDF p. 71 |
| Other non-cash items$ million | (3.6) | (3.4) | PDF p. 71 |
| Cash flows from operating activities | |||
| Operating cash flows before working capital changes$ million | 1,217.8 | 1,107.1 | PDF p. 71 |
| Changes in | |||
| Receivables$ million | (57.5) | (44.9) | PDF p. 71 |
| Prepayments and deposits$ million | 11.1 | 10.6 | PDF p. 71 |
| Inventories$ million | (2.4) | (12.8) | PDF p. 71 |
| Payables$ million | 73.5 | 6.0 | PDF p. 71 |
| Cash flows from operating activities | |||
| Cash generated from operations$ million | 1,242.5 | 1,066.0 | PDF p. 71 |
| Interest paid to third parties$ million | (129.5) | (129.5) | PDF p. 71 |
| Income taxes paid$ million | (82.8) | (45.4) | PDF p. 71 |
| Net cash from operating activities$ million | 1,030.2 | 891.1 | PDF p. 71 |
| Cash flows from investing activities | |||
| Capital expenditure$ million | (344.7) | (221.7) | PDF p. 71 |
| Dividends from associates/joint ventures$ million | 64.7 | 58.2 | PDF p. 71 |
| Proceeds from disposal of property, plant and equipment$ million | 3.5 | 10.2 | PDF p. 71 |
| Proceeds from sale of subsidiary, net of cash disposed$ million | 7.2 | – | PDF p. 71 |
| Investments in subsidiaries, net of cash acquired$ million | (4.9) | (1.4) | PDF p. 71 |
| Investment in joint ventures$ million | (5.4) | (0.1) | PDF p. 71 |
| Interest received from deposits$ million | 9.9 | 15.2 | PDF p. 71 |
| Proceeds from disposal of interests in associates$ million | 26.6 | 14.5 | PDF p. 71 |
| Proceeds from redemption of investment in secured loan$ million | – | 20.4 | PDF p. 71 |
| Co-funding from concession grantor$ million | 16.4 | – | PDF p. 71 |
| Others$ million | (3.9) | 3.9 | PDF p. 71 |
| Net cash used in investing activities$ million | (230.6) | (100.8) | PDF p. 71 |
| Cash flows from financing activities | |||
| Repayments of notes and borrowings$ million | (1,375.9) | (467.6) | PDF p. 71 |
| Payment of lease liabilities$ million | (469.7) | (441.1) | PDF p. 71 |
| Repayments of loan to joint venture$ million | – | (11.0) | PDF p. 71 |
| Proceeds from notes and borrowings$ million | 1,236.3 | 308.0 | PDF p. 71 |
| Proceeds from partial disposal of subsidiaries$ million | 50.2 | 7.6 | PDF p. 71 |
| Share buyback from non-controlling interest$ million | (19.3) | (10.6) | PDF p. 71 |
| Factoring payment, net$ million | (15.4) | (55.5) | PDF p. 71 |
| Dividends paid$ million | (82.1) | (44.7) | PDF p. 71 |
| Dividends paid to non-controlling interest$ million | (8.1) | (16.7) | PDF p. 71 |
| Purchase of treasury shares$ million | (56.5) | (33.1) | PDF p. 71 |
| Others$ million | – | (0.5) | PDF p. 71 |
| Net cash used in financing activities$ million | (740.5) | (765.2) | PDF p. 71 |
| Cash and cash equivalents | |||
| Net increase in cash and cash equivalents$ million | 59.1 | 25.1 | PDF p. 71 |
| Effect of exchange rate changes$ million | (0.6) | 9.9 | PDF p. 71 |
| Cash and cash equivalents at beginning of financial year$ million | 694.0 | 659.0 | PDF p. 71 |
| Cash and cash equivalents at end of financial year$ million | 752.5 | 694.0 | PDF p. 71 |
Definitions & sources
Original report: PDF p. 71 ↗
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Changes in Equity — Group — FY2026
14 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group; Share Capital | 2026Group; Treasury Shares | 2026Group; Share-Based Compensation Reserve | 2026Group; Foreign Currency Translation Reserve | 2026Group; Revenue Reserve | 2026Group; Other Reserves | 2026Group; Total | 2026Group; Non-controlling Interests | 2026Group; Total Equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Group equity | ||||||||||
| At 1 April 2025$ million | 1,174.4 | (33.2) | 39.3 | (167.7) | 1,592.0 | (18.1) | 2,586.7 | 182.2 | 2,768.9 | PDF p. 70 |
| Profit for the year$ million | – | – | – | – | 285.2 | – | 285.2 | 19.9 | 305.1 | PDF p. 70 |
| Other comprehensive income for the year$ million | – | – | – | (90.6) | (1.4) | 7.7 | (84.3) | (1.7) | (86.0) | PDF p. 70 |
| Total comprehensive income for the year$ million | – | – | – | (90.6) | 283.8 | 7.7 | 200.9 | 18.2 | 219.1 | PDF p. 70 |
| Contributions by and distribution to owners | ||||||||||
| Share-based compensation$ million | – | – | 34.7 | – | – | – | 34.7 | – | 34.7 | PDF p. 70 |
| Treasury shares transferred on payment of Directors’ remuneration$ million | – | 0.4 | – | – | – | – | 0.4 | – | 0.4 | PDF p. 70 |
| Treasury share transferred pursuant to shared-based compensation$ million | – | 27.5 | (24.9) | – | – | (2.6) | – | – | – | PDF p. 70 |
| Purchase of treasury shares$ million | – | (58.6) | – | – | – | – | (58.6) | – | (58.6) | PDF p. 70 |
| Dividends (5.5 cents per share)$ million | – | – | – | – | (82.1) | – | (82.1) | – | (82.1) | PDF p. 70 |
| Total contributions by and distributions to owners$ million | – | (30.7) | 9.8 | – | (82.1) | (2.6) | (105.6) | – | (105.6) | PDF p. 70 |
| Others | ||||||||||
| Acquisition of non-controlling interests (“NCI”)$ million | – | – | – | (5.9) | – | 3.1 | (2.8) | (19.1) | (21.9) | PDF p. 70 |
| Partial disposal of subsidiaries$ million | – | – | – | (0.7) | – | 71.8 | 71.1 | 5.1 | 76.2 | PDF p. 70 |
| Transfer to statutory reserve$ million | – | – | – | – | (1.4) | 1.4 | – | – | – | PDF p. 70 |
| Group equity | ||||||||||
| At 31 March 2026$ million | 1,174.4 | (63.9) | 49.1 | (264.9) | 1,792.3 | 63.3 | 2,750.3 | 186.4 | 2,936.7 | PDF p. 70 |
Definitions & sources
Original report: PDF p. 70 ↗
Columns in each Group row, in order: Share Capital; Treasury Shares; Share-Based Compensation Reserve; Foreign Currency Translation Reserve; Revenue Reserve; Other Reserves; Total attributable to owners; Non-controlling Interests; Total Equity. 2025 comparative movement shown in the right-hand statement; its opening balance is at 1 April 2024 and closing balance at 31 March 2025.
Omitted comparative rows with no printed entry in the extracted 2026 movement are left blank in values; the report presents two adjacent annual movement schedules on the same page.
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Changes in Equity — Group — FY2025
18 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group; Share Capital | 2025Group; Treasury Shares | 2025Group; Share-Based Compensation Reserve | 2025Group; Foreign Currency Translation Reserve | 2025Group; Revenue Reserve | 2025Group; Other Reserves | 2025Group; Total | 2025Group; Non-controlling Interests | 2025Group; Total Equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Other movements | ||||||||||
| At 1 April 2024$ million | 1,162.0 | (0.4) | 6.4 | (174.2) | 1,395.1 | (13.9) | 2,375.0 | 184.5 | 2,559.5 | PDF p. 70 |
| Contributions by and distributions to owners | ||||||||||
| Dividends (3.0 cents per share)$ million | – | – | – | – | (44.7) | – | (44.7) | – | (44.7) | PDF p. 70 |
| Issuance of new shares$ million | 12.4 | – | (12.4) | – | – | – | – | – | – | PDF p. 70 |
| Other movements | ||||||||||
| Others$ million | – | – | – | – | – | (0.1) | (0.1) | – | (0.1) | PDF p. 70 |
| Acquisition of NCI$ million | – | – | – | – | – | (6.7) | (6.7) | (3.9) | (10.6) | PDF p. 70 |
| Disposal of NCI$ million | – | – | – | – | – | 0.8 | 0.8 | (0.8) | – | PDF p. 70 |
| Impact to NCI upon liquidation$ million | – | – | – | – | – | – | – | (0.6) | (0.6) | PDF p. 70 |
| Capital contribution from NCI$ million | – | – | – | – | – | – | – | 0.2 | 0.2 | PDF p. 70 |
| Dividends paid to NCI$ million | – | – | – | – | – | – | – | (12.8) | (12.8) | PDF p. 70 |
| Group equity | ||||||||||
| Profit for the year$ million | – | – | – | – | 243.8 | – | 243.8 | 17.0 | 260.8 | PDF p. 70 |
| Other comprehensive income for the year$ million | – | – | – | 6.5 | (0.5) | 0.1 | 6.1 | (1.4) | 4.7 | PDF p. 70 |
| Total comprehensive income for the year$ million | – | – | – | 6.5 | 243.3 | 0.1 | 249.9 | 15.6 | 265.5 | PDF p. 70 |
| Contributions by and distribution to owners | ||||||||||
| Share-based compensation$ million | – | – | 45.3 | – | – | – | 45.3 | – | 45.3 | PDF p. 70 |
| Treasury shares transferred on payment of Directors’ remuneration$ million | – | 0.3 | – | – | – | – | 0.3 | – | 0.3 | PDF p. 70 |
| Purchase of treasury shares$ million | – | (33.1) | – | – | – | – | (33.1) | – | (33.1) | PDF p. 70 |
| Total contributions by and distributions to owners$ million | 12.4 | (32.8) | 32.9 | – | (44.7) | – | (32.2) | – | (32.2) | PDF p. 70 |
| Others | ||||||||||
| Transfer to statutory reserve$ million | – | – | – | – | (1.7) | 1.7 | – | – | – | PDF p. 70 |
| Group equity | ||||||||||
| At 31 March 2025$ million | 1,174.4 | (33.2) | 39.3 | (167.7) | 1,592.0 | (18.1) | 2,586.7 | 182.2 | 2,768.9 | PDF p. 70 |
Definitions & sources
Original report: PDF p. 70 ↗
Columns in each Group row, in order: Share Capital; Treasury Shares; Share-Based Compensation Reserve; Foreign Currency Translation Reserve; Revenue Reserve; Other Reserves; Total attributable to owners; Non-controlling Interests; Total Equity. 2025 comparative movement shown in the right-hand statement; its opening balance is at 1 April 2024 and closing balance at 31 March 2025.
Omitted comparative rows with no printed entry in the extracted 2026 movement are left blank in values; the report presents two adjacent annual movement schedules on the same page.
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Changes in Equity — Company — FY2026
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company; Share Capital | 2026Company; Treasury Shares | 2026Company; Share-Based Compensation Reserve | 2026Company; Revenue Reserve | 2026Company; Other Reserves | 2026Company; Total Equity | Source |
|---|---|---|---|---|---|---|---|
| Company equity | |||||||
| At 1 April 2025$ million | 1,174.4 | (33.2) | 39.3 | 1,710.0 | (34.3) | 2,856.2 | PDF p. 71 |
| Profit for the year$ million | – | – | – | 194.1 | – | 194.1 | PDF p. 71 |
| Other comprehensive income for the year$ million | – | – | – | – | 9.2 | 9.2 | PDF p. 71 |
| Total comprehensive income for the year$ million | – | – | – | 194.1 | 9.2 | 203.3 | PDF p. 71 |
| Contributions by and distributions to owners | |||||||
| Share-based compensation$ million | – | – | 34.7 | – | – | 34.7 | PDF p. 71 |
| Treasury shares transferred on payment of Directors’ remuneration$ million | – | 0.4 | – | – | – | 0.4 | PDF p. 71 |
| Treasury shares transferred pursuant to share-based compensation$ million | – | 27.5 | (24.9) | – | (2.6) | – | PDF p. 71 |
| Purchase of treasury shares$ million | – | (58.6) | – | – | – | (58.6) | PDF p. 71 |
| Dividends (5.5 cents per share)$ million | – | – | – | (82.1) | – | (82.1) | PDF p. 71 |
| Total contributions by and distributions to owners$ million | – | (30.7) | 9.8 | (82.1) | (2.6) | (105.6) | PDF p. 71 |
| Company equity | |||||||
| At 31 March 2026$ million | 1,174.4 | (63.9) | 49.1 | 1,822.0 | (27.7) | 2,953.9 | PDF p. 71 |
Definitions & sources
Original report: PDF p. 71 ↗
Columns in each Company row, in order: Share Capital; Treasury Shares; Share-Based Compensation Reserve; Revenue Reserve; Other Reserves; Total Equity. Comparative movement shown in the lower schedule on page 71, opening at 1 April 2024 and closing at 31 March 2025.
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Statements of Changes in Equity — Company — FY2025
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Company; Share Capital | 2025Company; Treasury Shares | 2025Company; Share-Based Compensation Reserve | 2025Company; Revenue Reserve | 2025Company; Other Reserves | 2025Company; Total Equity | Source |
|---|---|---|---|---|---|---|---|
| Other movements | |||||||
| At 1 April 2024$ million | 1,162.0 | (0.4) | 6.4 | 1,648.8 | (30.2) | 2,786.6 | PDF p. 71 |
| Dividends (3.0 cents per share)$ million | – | – | – | (44.7) | – | (44.7) | PDF p. 71 |
| Company equity | |||||||
| Profit for the year$ million | – | – | – | 105.9 | – | 105.9 | PDF p. 71 |
| Other comprehensive income for the year$ million | – | – | – | – | (4.1) | (4.1) | PDF p. 71 |
| Total comprehensive income for the year$ million | – | – | – | 105.9 | (4.1) | 101.8 | PDF p. 71 |
| Contributions by and distributions to owners | |||||||
| Share-based compensation$ million | – | – | 45.3 | – | – | 45.3 | PDF p. 71 |
| Treasury shares transferred on payment of Directors’ remuneration$ million | – | 0.3 | – | – | – | 0.3 | PDF p. 71 |
| Purchase of treasury shares$ million | – | (33.1) | – | – | – | (33.1) | PDF p. 71 |
| Total contributions by and distributions to owners$ million | 12.4 | (32.8) | 32.9 | (44.7) | – | (32.2) | PDF p. 71 |
| Company equity | |||||||
| At 31 March 2025$ million | 1,174.4 | (33.2) | 39.3 | 1,710.0 | (34.3) | 2,856.2 | PDF p. 71 |
| Other movements | |||||||
| Issuance of new shares pursuant to share-based compensation$ million | 12.4 | – | (12.4) | – | – | – | PDF p. 71 |
Definitions & sources
Original report: PDF p. 71 ↗
Columns in each Company row, in order: Share Capital; Treasury Shares; Share-Based Compensation Reserve; Revenue Reserve; Other Reserves; Total Equity. Comparative movement shown in the lower schedule on page 71, opening at 1 April 2024 and closing at 31 March 2025.
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Five-year Group Financial and Operational Summary — Income Statement
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Total revenue$ million | 6,345.5 | 5,821.1 | 5,149.6 | 1,758.3 | 1,176.8 | PDF p. 31 |
| EBITDA #$ million | 1,146.4 | 1,036.2 | 780.6 | 127.8 | 77.0 | PDF p. 31 |
| Operating profit/(loss)$ million | 543.3 | 475.7 | 244.2 | (48.0) | (42.6) | PDF p. 31 |
| Share of results of associates/joint ventures, net of tax$ million | 114.5 | 114.3 | 110.0 | 45.4 | 17.1 | PDF p. 31 |
| Profit/(loss) after tax$ million | 305.1 | 260.8 | 63.7 | (38.6) | 4.3 | PDF p. 31 |
| Profit/(loss) attributable to owners of the Company$ million | 285.2 | 243.8 | 56.4 | (26.5) | 20.4 | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
# EBITDA refers to earnings before interest, tax, depreciation and amortisation.
Five-year Group Financial and Operational Summary — Statement of Financial Position
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Statement of Financial Position | ||||||
| Equity holders' funds$ million | 2,750.3 | 2,586.7 | 2,375.0 | 2,333.6 | 1,602.6 | PDF p. 31 |
| Non-controlling interests$ million | 186.4 | 182.2 | 184.5 | 181.2 | 231.1 | PDF p. 31 |
| Total Equity$ million | 2,936.7 | 2,768.9 | 2,559.5 | 2,514.8 | 1,833.7 | PDF p. 31 |
| Property, plant and equipment$ million | 986.5 | 860.3 | 796.4 | 579.2 | 589.6 | PDF p. 31 |
| Other non-current assets$ million | 6,017.8 | 5,970.9 | 5,733.9 | 1,371.7 | 1,406.7 | PDF p. 31 |
| Current assets$ million | 2,069.5 | 2,051.5 | 1,949.7 | 2,722.8 | 1,296.0 | PDF p. 31 |
| Total assets$ million | 9,073.8 | 8,882.7 | 8,480.0 | 4,673.7 | 3,292.3 | PDF p. 31 |
| Non-current liabilities$ million | 3,994.6 | 2,620.7 | 3,129.5 | 1,552.5 | 828.0 | PDF p. 31 |
| Current liabilities$ million | 2,142.5 | 3,493.1 | 2,791.0 | 606.4 | 630.6 | PDF p. 31 |
| Total liabilities$ million | 6,137.1 | 6,113.8 | 5,920.5 | 2,158.9 | 1,458.6 | PDF p. 31 |
| Net Assets$ million | 2,936.7 | 2,768.9 | 2,559.5 | 2,514.8 | 1,833.7 | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
The report states: “SATS’ financial year is from 1 April to 31 March. Throughout this report, all financial figures are stated in Singapore Dollars, unless otherwise stated.”
Five-year Group Financial and Operational Summary — Financial Ratios
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Financial Ratios | ||||||
| Return on equity (%)% | 10.7 | 9.8 | 2.4 | (1.3) | 1.3 | PDF p. 31 |
| Return on total assets (%)% | 3.4 | 3.0 | 1.0 | (1.0) | 0.1 | PDF p. 31 |
| EBITDA margin (%)% | 18.1 | 17.8 | 15.2 | 7.3 | 6.5 | PDF p. 31 |
| Operating margin (%)% | 8.6 | 8.2 | 4.7 | (2.7) | (3.6) | PDF p. 31 |
| Net margin (%)% | 4.8 | 4.5 | 1.2 | (2.2) | 0.4 | PDF p. 31 |
| PATMI margin (%)% | 4.5 | 4.2 | 1.1 | (1.5) | 1.7 | PDF p. 31 |
| Debt-equity ratio (times)times | 1.41 | 1.53 | 1.60 | 0.59 | 0.46 | PDF p. 31 |
| Net debt/EBITDA+times | 2.7 | 3.1 | 3.9 | 6.4 | 0.6 | PDF p. 31 |
| Gross debt/EBITDA+times | 3.3 | 3.7 | 4.6 | 8.5 | 8.9 | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
Return on equity is profit attributable to owners of the Company expressed as a percentage of the average equity holders’ funds.
Return on total assets is profit after tax divided by average total assets.
EBITDA margin is EBITDA divided by revenue.
Operating margin is operating profit divided by revenue.
Net margin is profit after tax divided by revenue.
PATMI margin is profit attributable to owners of the Company divided by revenue.
Debt-equity ratio is total debt divided by total equity at 31 March.
Net debt/EBITDA+ is total borrowings including lease liabilities less cash divided by EBITDA plus share of results of associates/joint ventures, net of tax.
Gross debt/EBITDA+ is total borrowings including lease liabilities divided by EBITDA plus share of results of associates/joint ventures, net of tax.
Five-year Group Financial and Operational Summary — Per Share Data and Dividends
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Per Share Data | ||||||
| Earnings after tax – Basiccents | 19.2 | 16.4 | 3.8 | (2.2) | 1.8 | PDF p. 31 |
| Earnings after tax – Dilutedcents | 18.8 | 16.2 | 3.8 | (2.2) | 1.7 | PDF p. 31 |
| Net asset value per sharecents | 186.2 | 174.1 | 159.3 | 156.9 | 142.8 | PDF p. 31 |
| Dividends | ||||||
| Interim dividend per share (cents)cents per share | 2.0 | 1.5 | – | – | – | PDF p. 31 |
| Final dividend per share (cents)cents per share | 5.0 | 3.5 | 1.5 | – | – | PDF p. 31 |
| Dividend cover (times)times | 2.8 | 3.3 | 2.5 | – | – | PDF p. 31 |
| Dividend payout (%)% | 35.9 | 30.5 | 39.7 | – | – | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
The source states: “Earnings per share have been restated following the rights issue in March 2023.” The note applies to earnings per share; it is not a restatement statement for the income statement or statement of financial position series.
Five-year Group Financial and Operational Summary — Cash Flows
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Cash Flows | ||||||
| Net cash from operating activities$ million | 1,030.2 | 891.1 | 512.1 | 79.6 | 62.3 | PDF p. 31 |
| Net cash from operating activities after payment of lease liabilities$ million | 560.5 | 450.0 | 137.4 | 19.5 | 36.3 | PDF p. 31 |
| Free cash flow before payment of lease liabilities$ million | 685.5 | 669.4 | 326.5 | (39.8) | (15.6) | PDF p. 31 |
| Free cash flow after payment of lease liabilities$ million | 215.8 | 228.3 | (48.2) | (99.9) | (41.7) | PDF p. 31 |
| Capital expenditure$ million | 344.7 | 221.7 | 185.6 | 119.4 | 77.9 | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
Free cash flow before payment of lease liabilities comprises cash flows from operating activities less cash purchases of capital expenditure.
Five-year Group Financial and Operational Summary — Productivity and Employee Data
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Productivity and Employee Data | ||||||
| Revenue per employee ($)$ | 114,732 | 110,867 | 104,628 | 112,057 | 103,725 | PDF p. 31 |
| Staff costs per employee ($)*$ | 55,874 | 54,169 | 55,461 | 46,236 | 41,217 | PDF p. 31 |
| Average number of employeesemployees | 55,307 | 52,505 | 49,218 | 15,691 | 11,345 | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
Staff costs exclude cost of contract labour.
Average number of employees refers to the number of employees over 12 months, including participants in the flexible-hour work scheme.
Five-year Group Financial and Operational Summary — Operating Statistics
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY26 | 2025Group, FY25 | 2024Group, FY24 | 2023Group, FY23 | 2022Group, FY22 | Source |
|---|---|---|---|---|---|---|
| Operating Statistics | ||||||
| Cargo processed (million tonnes)million tonnes | 9.7 | 9.0 | 7.8 | 2.2 | 1.7 | PDF p. 31 |
| Gross meals produced (million)million | 111.1 | 107.5 | 96.3 | 68.9 | 52.4 | PDF p. 31 |
| – Aviation mealsmillion | 68.3 | 65.6 | 54.1 | 32.2 | 14.7 | PDF p. 31 |
| – Non-aviation mealsmillion | 42.8 | 41.9 | 42.2 | 36.7 | 37.7 | PDF p. 31 |
| Flights handled (thousand)thousand | 655.0 | 634.6 | 599.6 | 230.4 | 95.5 | PDF p. 31 |
| Ship calls handledship calls | 278 | 261 | 309 | 254 | 254 | PDF p. 31 |
Definitions & sources
Original report: PDF p. 31 ↗
Operating statistics cover SATS and its subsidiaries, but does not include associates/joint ventures.
Where the money comes from
Segment information
By business
Segment reporting - By business, financial year ended 31 March 7 lines
| Item / unit | 2026Food Solutions | 2026Gateway Services | 2026Others | 2026Total | 2025Food Solutions | 2025Gateway Services | 2025Others | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Financial year ended 31 March | |||||||||
| External revenue$ million | 1,391.1 | 4,953.9 | 0.5 | 6,345.5 | 1,351.4 | 4,469.4 | 0.3 | 5,821.1 | PDF p. 106 |
| Intercompany revenue$ million | 101.2 | 89.2 | 118.8 | 309.2 | 91.0 | 68.0 | 110.0 | 269.0 | PDF p. 106 |
| Operating profit/(loss)$ million | 118.9 | 450.6 | (26.2) | 543.3 | 121.4 | 367.0 | (12.7) | 475.7 | PDF p. 106 |
| Share of results of associates/joint ventures, net of tax$ million | 33.4 | 81.1 | – | 114.5 | 34.0 | 80.3 | – | 114.3 | PDF p. 106 |
| Staff costs$ million | (451.8) | (2,843.4) | (129.4) | (3,424.6) | (445.4) | (2,612.6) | (103.7) | (3,161.7) | PDF p. 106 |
| Depreciation and amortisation charges$ million | (51.4) | (545.9) | (5.8) | (603.1) | (54.3) | (499.7) | (6.5) | (560.5) | PDF p. 106 |
| Capital expenditure$ million | 93.4 | 251.6 | 12.2 | 357.2 | 41.6 | 184.6 | 6.7 | 232.9 | PDF p. 106 |
Notes
Intercompany revenue are eliminated upon consolidation.
Performance is measured based on segment operating profit and share of results of associates/joint ventures net of tax.
Segment reporting - Reconciliation of segment results to profit, Group Total 7 lines
| Item / unit | 2026Total, financial year ended 31 March 2026 | 2025Total, financial year ended 31 March 2025 | Source |
|---|---|---|---|
| Financial year ended 31 March | |||
| Finance expense$ million | (240.4) | (245.8) | PDF p. 106 |
| Finance income$ million | 12.2 | 14.6 | PDF p. 106 |
| Other non-operating loss, net$ million | (13.4) | PDF p. 106 | |
| Profit before tax$ million | 416.2 | 359.7 | PDF p. 106 |
| Income tax expense$ million | (111.1) | (98.9) | PDF p. 106 |
| Profit for the year$ million | 305.1 | 260.8 | PDF p. 106 |
| Other non-operating gain, net$ million | 0.9 | PDF p. 106 | |
Notes
Single Group total column printed; not allocated by segment.
Segment reporting - By business (cont'd), assets and liabilities as at 31 March 3 lines
| Item / unit | 2026Food Solutions, as at 31 March 2026 | 2026Gateway Services, as at 31 March 2026 | 2026Others, as at 31 March 2026 | 2026Total, as at 31 March 2026 | 2025Food Solutions, as at 31 March 2025 | 2025Gateway Services, as at 31 March 2025 | 2025Others, as at 31 March 2025 | 2025Total, as at 31 March 2025 | Source |
|---|---|---|---|---|---|---|---|---|---|
| As at 31 March | |||||||||
| Associates/joint ventures$ million | 196.2 | 574.7 | – | 770.9 | 195.4 | 571.7 | – | 767.1 | PDF p. 106 |
| Total assets (including associates/joint ventures)$ million | 1,235.3 | 7,302.0 | 536.5 | 9,073.8 | 1,426.9 | 7,052.3 | 403.5 | 8,882.7 | PDF p. 106 |
| Total liabilities$ million | 616.1 | 3,482.7 | 2,038.3 | 6,137.1 | 558.2 | 3,134.1 | 2,421.5 | 6,113.8 | PDF p. 106 |
By geography
Segment reporting - By geographical location, Revenue 5 lines
| Item / unit | 2026FY2026 | 2025FY2025 | Source |
|---|---|---|---|
| Revenue | |||
| Singapore$ million | 2,241.3 | 2,058.3 | PDF p. 106 |
| Asia Pacific (ex. Singapore)$ million | 704.7 | 636.3 | PDF p. 106 |
| EMEA$ million | 1,257.5 | 1,078.2 | PDF p. 106 |
| Americas$ million | 2,142.0 | 2,048.3 | PDF p. 106 |
| Total revenue (unlabelled total line)$ million | 6,345.5 | 5,821.1 | PDF p. 106 |
Notes
Geographical segments are defined as Singapore, Asia Pacific (excluding Singapore), EMEA (Europe, Middle East and Africa) and Americas (North America and South America).
Revenue, associates/ joint ventures and assets information based on the geographical location of the subsidiaries deriving the revenue and owning the assets respectively are as follows:
The total line has no printed label.
Segment reporting - By geographical location, Associates/joint ventures and Total assets 5 lines
| Item / unit | 2026Associates/joint ventures, 31 Mar 2026 | 2025Associates/joint ventures, 31 Mar 2025 | 2026Total assets (including associates/joint ventures), 31 Mar 2026 | 2025Total assets (including associates/joint ventures), 31 Mar 2025 | Source |
|---|---|---|---|---|---|
| Associates/joint ventures and Total assets | |||||
| Singapore$ million | 2.6 | 7.6 | 1,512.7 | 1,631.5 | PDF p. 106 |
| Asia Pacific (ex. Singapore)$ million | 568.9 | 568.5 | 1,719.1 | 1,762.3 | PDF p. 106 |
| EMEA$ million | 199.4 | 191.0 | 3,025.3 | 2,745.9 | PDF p. 106 |
| Americas$ million | – | – | 2,816.7 | 2,743.0 | PDF p. 106 |
| Total$ million | 770.9 | 767.1 | 9,073.8 | 8,882.7 | PDF p. 106 |
Notes
Based on the geographical location of the subsidiaries deriving the revenue and owning the assets respectively.
Debt
Borrowings
Liquidity risk – Group contractual undiscounted maturity, 31 March
| Item / unit | 2026within 1 year, $ million | 20261–2 years, $ million | 20262–5 years, $ million | 2026more than 5 years, $ million | 2026total, $ million | 2025within 1 year, $ million | 20251–2 years, $ million | 20252–5 years, $ million | 2025more than 5 years, $ million | 2025total, $ million | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities, 31 March | |||||||||||
| Notes and borrowings$ million | (286.4) | (1,036.3) | (794.5) | (374.6) | (2,491.8) | (1,778.4) | (938.7) | (449.1) | (2.6) | (3,168.8) | PDF p. 102 |
| Lease liabilities$ million | (463.3) | (424.4) | (736.7) | (369.9) | (1,994.3) | (418.6) | (403.5) | (759.9) | (221.8) | (1,803.8) | PDF p. 102 |
Notes
The amounts disclosed in the table are the contractual undiscounted cash flows.
Contractual undiscounted cash flows.
Liquidity risk – Company contractual undiscounted maturity, 31 March
| Item / unit | 2026within 1 year, $ million | 20261–2 years, $ million | 20262–5 years, $ million | 2026more than 5 years, $ million | 2026total, $ million | 2025within 1 year, $ million | 20251–2 years, $ million | 20252–5 years, $ million | 2025more than 5 years, $ million | 2025total, $ million | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities, 31 March | |||||||||||
| Notes and borrowings$ million | (124.7) | (762.3) | (24.2) | (362.2) | (1,273.4) | (868.2) | (70.0) | – | – | (938.2) | PDF p. 103 |
| Lease liability$ million | (6.4) | (6.4) | (17.4) | (56.0) | (86.2) | (6.4) | (6.3) | (18.2) | (61.6) | (92.5) | PDF p. 103 |
Notes
Contractual undiscounted cash flows.
Borrowing notes 3 tables
Notes and borrowings – current and non-current
| Item / unit | 2026Group, 31 Mar 2026, $ million | 2025Group, 31 Mar 2025, $ million | 2026Company, 31 Mar 2026, $ million | 2025Company, 31 Mar 2025, $ million | Source |
|---|---|---|---|---|---|
| Current | |||||
| Notes payable$ million | – | 100.0 | – | 100.0 | PDF p. 97 |
| Term loans$ million | 246.5 | 1,613.3 | 95.0 | 740.7 | PDF p. 97 |
| Non-current | |||||
| Notes payable$ million | 1,217.9 | 675.1 | 299.0 | – | PDF p. 97 |
| Term loans$ million | 910.8 | 149.5 | 807.2 | 69.8 | PDF p. 97 |
| Total | |||||
| Total notes and borrowings$ million | 2,375.2 | 2,537.9 | 1,201.2 | 910.5 | PDF p. 97 |
Notes
Printed subtotals (unlabelled): current 246.5 / 1,713.3 / 95.0 / 840.7; non-current 2,128.7 / 824.6 / 1,106.2 / 69.8 (Group 2026/2025, Company 2026/2025).
Term loans amounting to $113.7 million were secured on the property, plant and equipment and other assets of the subsidiaries.
Included in notes and borrowings as at 31 March 2026 were the term loan of JPY 7.8 billion approximately $63.2 million (2025: $69.8 million) and EUR 500 million approximately $744.0 million (2025: $726.2 million) designated as hedge of the net investment in subsidiaries, TFK Corporation in Japan and WFS in Europe respectively.
Interest rate of notes payable – 31 March
| Item / unit | 2026Group, $ million | 2026Company, $ million | 2025Group, $ million | 2025Company, $ million | Source |
|---|---|---|---|---|---|
| 31 March | |||||
| SGD$ million | 318.7 | 299.0 | 100.0 | 100.0 | PDF p. 97 |
| USD$ million | 899.2 | – | 675.1 | – | PDF p. 97 |
Notes
Fixed interest rate (%) SGD 2.45 – 6.00, dates payable June 2028, August 2028, August 2032; USD 4.58 – 4.83, dates payable April 2028, January 2029, June 2030.
USD denominated notes payable amounting to SGD 642.4 million (2025: SGD 669.1 million) hedged with cross currency swap.
Fixed interest rate (%) SGD 2.6, payable April 2025; USD 4.83, payable January 2029.
Reconciliation of movements of liabilities to cash flows from financing activities
| Item / unit | 2026Notes and borrowings, $ million | 2026Lease liabilities, $ million | 2026Total, $ million | Source |
|---|---|---|---|---|
| Reconciliation | ||||
| At 31 March 2025 and 1 April 2025$ million | 2,537.9 | 1,706.2 | 4,244.1 | PDF p. 97 |
| At 31 March 2026$ million | 2,375.2 | 1,760.9 | 4,136.1 | PDF p. 97 |
Notes
Opening and closing balances only; FY2026 movements printed on the page include proceeds 1,236.3 and repayment (1,375.9) of notes and borrowings.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company is committed to paying dividends to shareholders equitably and sustainably. The Company’s policy is to pay dividends that grow progressively with earnings. | Company | PDF p. 55 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Interim dividend per share (cents) | 2.0 cents per share | FY26 (year ended 31 March 2026) | PDF p. 31 |
| Interim dividend per share (cents) | 1.5 cents per share | FY25 (comparative year) | PDF p. 31 |
| Final dividend per share (cents) | 5.0 cents per share | FY26 (proposed, subject to shareholder approval) | PDF p. 31 |
| Final dividend per share (cents) | 3.5 cents per share | FY25 (comparative year) | PDF p. 31 |
| total full-year dividend | 7.0 cents per share | FY26 total (interim 2.0 + final 5.0), 40% increase over prior year | PDF p. 32 |
| The book closure date | 24 July 2026 | FY2026 final dividend | PDF p. 32 |
Extracted from SATS Ltd. Annual Report FY2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | KPMG LLP | Group and Company, FY2026 | PDF p. 67 |
| Engagement partner | Mr. Malcolm Ramsay | Group and Company, FY2026 | PDF p. 67 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| IMPAIRMENT OF WFS GOODWILL | IMPAIRMENT OF WFS GOODWILL | Group, 31 March 2026 | PDF p. 66 |
| IMPAIRMENT OF WFS GOODWILL - description | The carrying value of goodwill has a material impact on the | Group, 31 March 2026 | PDF p. 66 |
Extracted from SATS Ltd. Annual Report FY2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow SATS Ltd. Annual Report FY2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Financial statements retain Group and Company scopes and original Singapore-dollar million, cents, percentages, times and employee/operating-count units. Equity tables preserve all nine Group and six Company component columns in separate 2026 and 2025 tables.
The five-year summary is FY2026–FY2022. The March 2023 rights-issue restatement note refers to earnings per share; it is not applied to all financial series. Staff-cost-per-employee figures exclude contract labour, and average employees cover twelve months.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.