Notes to the Financial Statements - SingTel
Notes to the Financial Statements - SingTel
Notes to the Financial Statements - SingTel
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Notes</strong> <strong>to</strong> <strong>the</strong> <strong>Financial</strong> <strong>Statements</strong>For <strong>the</strong> financial year ended 31 March 20115.3.2 Performance share plans (Cont’d)The fair values of <strong>the</strong> significant General Awards at grant date and <strong>the</strong> assumptions of <strong>the</strong> fair value model for <strong>the</strong> equity-settledgrants were as follows -Date of grantShare Plan 20042011 and 2010 FY2009 FY2010 FY2011General Awards 4 June 08 3 June 09 3 June 10Fair value at grant date S$1.61 S$1.56 S$1.53Assumptions under Monte-Carlo ModelExpected volatility<strong>SingTel</strong> 25.9% 34.6% 33.4%MSCI Asia Pacific Telco Index 17.6% 23.1% 22.7%MSCI Asia Pacific Telco Component S<strong>to</strong>cksHis<strong>to</strong>rical volatility periodFrom July 2001 July 2001 July 2001To June 2008 June 2009 June 2010Risk free interest ratesYield of Singapore Government Securities on 4 June 2008 3 June 2009 3 June 2010ANNUAL REPORT 2010/2011 125
Change language