Corporate Information & Key Dates
	Financial Highlights
	Business Highlights 2004
	Chairman's Statement
	Management Discussion and Analysis
	Overall Results Review of Property Division Review of Logistics Network Division Review of Infrastructure Division Financial Review
	Particulars of Properties Held :
	Mainland China Properties Held for Investment Mainland China Properties Under Development Mainland China Properties Completed and Held for Sale Mainland China Properties Held for Future Development Mainland China Properties for Resettlement Hong Kong Properties Held for Investment Hong Kong Properties Under Development Hong Kong Properties Completed and Held for Sale Overseas Properties Held for Investment Overseas Properties Under Development Overseas Properties Completed and Held for Sale Logistics Operations - Completed Warehouses and Logistics Centres Logistics Operations - Port Facilities Logistics Operations - Office Properties Logistics Operations - Logistics Centres Under Development
	Awards 2004
	Corporate Governance Disclosure
	Directors and Senior Management
	Report of the Directors
	Auditors' Report
	Consolidated Profit And Loss Account
	Consolidated Balance Sheet
	Balance Sheet
	Consolidated Cash Flow Statement
	Consolidated Statement of Changes In Equity
	Notes To The Accounts
	Nine-Year Financial Summary