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Contents
2
Corporate Information and Key Dates
6
Chairman’s Statement
Management Discussion and Analysis
14
Annual Highlights
15
Market Review
16
Business Review
29
Project Highlights
41
Future Outlook
43
Customer Service
44
Financial Review
52
Investor Relations
56
Corporate Social Responsibility Report
60
Milestones 2011
62
Awards
64
Biographies of Directors and Senior Management
68
Corporate Governance Report
75
Report of the Directors
85
Independent Auditor’s Report
87
Consolidated Balance Sheet
89
Balance Sheet
90
Consolidated Statement of Comprehensive Income
91
Consolidated Statement of Changes in Equity
92
Consolidated Statement of Cash Flows
93
Notes to the Consolidated Financial Statements
151
Five-Year Financial Summary
152
Particulars of Properties Held