Contents Corporate Information 2 Biographical Details of Directors and Senior Management 3 Chairman’s Statement 5 Management Organisation Chart 8 Review of Operations 9 Ten Year Summary 28 Financial Section 30 Report of the Directors 31 Auditors’ Report 42 Consolidated Profit and Loss Account 43 Consolidated Statement of Recognised Gains and Losses 44 Consolidated Balance Sheet 45 Balance Sheet 47 Consolidated Cash Flow Statement 48 Notes on the Accounts 50 List of Properties 92 Please visit our website at http://www.guoco.com and click into Annual/Interim Reports and Annual/Interim Results Announcements to view our results. Corporate Information BOARD OF DIRECTORS REGISTERED ADDRESS Quek Leng Chan – Chairman Cedar House, 41 Cedar Avenue, Kwek Leng Hai – President, CEO Hamilton, HM12, Bermuda Sat Pal Khattar Kwek Leng San PRINCIPAL OFFICE Mishal Abdulah Abdulaziz Al Masad 11th Floor, The Center, Randolph Gordon Sullivan 99 Queen’s Road Central, Tan Lim Heng Hong Kong Harry Richard Wilkinson Telephone : (852) 2218 8899 Jamal Al-Babtain Fax : (852) 2285 3899 Internet address : http://www.guoco.com COMPANY SECRETARY Telex : HX73345 Doris W.N. Wong (E-mail address:
[email protected]) INTERNET WEBSITES OF OTHER SUBSIDIARIES AND ASSOCIATE AUDITORS Dao Heng Bank Group Limited (http://www.daoheng.com) KPMG First Capital Corporation Ltd Certified Public Accountants (http://www.fcc.com.sg) BRANCH SHARE REGISTRARS imGO Limited (formerly known as Guoco Land Limited) Central Registration Hong Kong Limited (http://www.imgoasia.com) Shops 1712-6,