INTERIM REPORT 2002 26 Swire Contents Pacific Limited Financial Highlights 1 INTERIM REPORT Chairman’s Statement 2 2002 Review of Operations 3 Financial Review 11 Condensed Consolidated Accounts 12 Notes to the Condensed Consolidated Accounts 16 Supplementary Information 24 Corporate Information Registered office Swire Pacific Limited 35th Floor, Two Pacific Place 88 Queensway, Hong Kong Tel: (852) 2840-8098 Fax (852) 2526-9365 Registrars Computershare Hong Kong Investor Services Limited 19th Floor, Hopewell Centre 183 Queen’s Road East, Hong Kong Website: http://www.computershare.com Depositary The Bank of New York American Depositary Receipts www.format.com.hk 620 Avenue of the Americas, 6th Floor New York, NY10011 U.S.A. Website: www.adrbny.com E-mail:
[email protected] Design: Format Limited (Toll free) 1-888-BNY-ADRS (1-888-269-2377) Fax: (646) 885-3043 Public Affairs E-mail:
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[email protected] t is printed on recycled paper Further information on investor relations activities can be found at: Website: http://www.swirepacific.com This interim repor FINANCIAL HIGHLIGHTS 1 Six months ended Year ended 30th June 31st December Swire 2002 2001 2001 Pacific Note HK$M HK$M HK$M Limited Turnover 7,406 6,920 15,198 INTERIM REPORT Operating profit 2,311 2,026 4,391 2002 Profit attributable to shareholders 2,734 2,409 4,118 Net cash from operating activities 2,079 2,062 4,475 Shareholders’ funds and minority interests 78,319 83,899 77,600 Consolidated net borrowings 14,188