Contents Corporate Information 1 Chairman’s Statement 2 Operation Review 6 Management Discussion and Analysis 13 Directors and Senior Management 17 Corporate Governance Report 19 Environmental, Social and Governance Report 32 Directors’ Report 45 Independent Auditor’s Report 53 Consolidated Statement of Profit or Loss 58 Consolidated Statement of Profit or Loss and Other Comprehensive Income 59 Consolidated Statement of Financial Position 60 Consolidated Statement of Changes in Equity 62 Consolidated Cash Flow Statement 63 Notes to the Consolidated Financial Statements 65 Five-year Summary 113 Corporate Information Board of Directors Company Secretary Executive Director Leung Shuk Mun, Phyllis Sylvia Cheung Chung Kiu (Chairman) Yeung Hin Chung, John, SBS, OBE, JP (Managing Director) Legal Adviser Yuen Wing Shing Wong Chi Keung Woo, Kwan, Lee & Lo Leung Wai Fai Tung Wai Lan, Iris Registered Office 3301-3307, China Resources Building Independent Non-executive Director 26 Harbour Road Ng Kwok Fu Wanchai Luk Yu King, James Hong Kong Leung Yu Ming, Steven Tel: (852) 2161 1888 Fax: (852) 2802 2080 Audit Committee Website: www.crossharbour.com.hk Luk Yu King, James (Chairman) Email:
[email protected] Ng Kwok Fu Leung Yu Ming, Steven External Auditor KPMG Remuneration Committee Leung Yu Ming, Steven (Chairman) Registrar & Transfer Office Cheung Chung Kiu Tricor Tengis Limited Ng Kwok Fu Level 22, Hopewell Centre 183 Queen’s Road East Nomination Committee Wanchai Cheung Chung Kiu (Chairman) Hong Kong Ng Kwok Fu Tel: (852) 2980 1333 Leung Yu Ming, Steven Fax: (852) 2810 8185 Authorised Representative Principal Banker Yeung Hin Chung, John The Hongkong and Shanghai Banking Leung Wai Fai (Alternate to Yeung Hin Chung, John) Corporation Limited Yuen Wing Shing Wong Chi Keung (Alternate to Yuen Wing Shing) Share Listing The Stock Exchange of Hong Kong Limited Stock Code: 32 1 THE CROSS-HARBOUR (HOLDINGS) LIMITED Chairman’s Statement On behalf of the board of directors, I am pleased to present the annual results of the Group for the year ended 31 December 2017.