ST Engineering Annual Report 2020

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 (CURRENCY – SINGAPORE DOLLARS UNLESS OTHERWISE STATED) ST Aerospace Technologies (Xiamen) Company Ltd Elbe Flugzeuwerke GmbH Other individually immaterial subsidiaries Intra-group elimination Total $’000 $’000 $’000 $’000 $’000 20% 45% China Germany 230,232 526,125 8,019 16,312 (1,689) (36,852) 6,330 (20,540) 1,604 7,340 (940) (476) 14,729 (338) (16,583) 446 1 (17,360) 1,266 (9,243) (494) (475) (2,631) 50,399 659,691 132,892 262,879 (9,578) (391,236) (114,940) (136,842) 58,773 394,492 11,755 177,521 24,423 863 268,722 (2,835) 37,981 (834) (60,177) (4,055) 16,268 (7,724) (5,928) – – 26 3 ANNUAL REPORT 2 0 2 0 / CORPORATE OVERVI EW PERFORMANCE REVI EW SUSTAINABI L ITY CORPORATE GOVERNANCE F INANCIAL REPORT