Atobe SG Surprisingly, despite these Budget Airlines charging a fraction of the fare charged by SIA, they remained quite profitable - AirAsia, Tiger Airlines, Jet Air. Some of these companies have taken long term financing to add newer and bigger aircrafts to their present fleet. . Have you missed the heart of this thread in your eagerness at being so defensive to the interest of the Singapore Government a.k.a the Ruling Political Party ? . To clarify the issue for a "no brainer" - it is the attempt of the Government to paint an "artificial rainbow picture before bringing out the rain". . Disguising the bad news amidst the hoopla of good news, and soften the impact of the bad news. Stupendous intelligence . .
Calvin86 SG http://www.nkfs.org/download/The_NKF_Financial_Statements.pdf Financial Year 2003 Go page 14 > Voluntary Income = 68.2 million Money paid by Kidney patients aka Charitable income = 22.2 million Cost of dialysis (pg 17) = 28.8 Net subsidy = 28.8 22.2 = 6.6 million Amount went to patients 6.6/ 68.2 = 0.096 approximately = 10 cents per dollar Financial Year 2004 Go page 7 > Voluntary Income = 73.6 million Money paid by Kidney patients aka Charitable income = 23.8 million Cost of dialysis (pg 10) = 27.1 Net subsidy = 27.1 23.8 = 3.3 million Amount went to patients 3.3/ 73.6 = 0.044 approximately = 5 cents per dollar http://www.todayonline.com/articles/92663.asp
