ANNUAL REPORT 2001 CHINA PETROLEUM & CHEMICAL CORPORATION Company Profile Principal Financial Data and Indicators Changes in Share Capital and Shareholdings of Principal Shareholders Chairman's Statement Business Review and Prospects (1) Business Review and Prospects (2) Management's Discussion and Analysis Disclosure of Significant Events Connected Transactions Report of the Board of Directors Report of the Supervisory Committee Directors, Supervisors and Senior Management Principal wholly-owned and non wholly-owned subsidiaries Report of the PRC Auditors Financial Statements Prepared under the PRC Accounting Rules and Regulations Consolidated Balance Sheet Balance Sheet Consolidated Income Statement and Profit Appropriation Statement Income Statement and Profit Appropriation Statement Consolidated Cash Flow Statement Notes to the Consolidated Cash Flow Statement Cash Flow Statement Notes to the Cash Flow Statement Notes on the Financial Statements Report of the International Auditors Financial Statements Prepared under International Accounting Standards ("IAS") Consolidated Income Statement Consolidated Statement of Recognised Gains and Losses Consolidated Balance Sheet Balance Sheet Consolidated Cash Flow Statement Notes to the Consolidated Cash Flow Statement Notes on the Financial Statements Differences Between Financial Statements Prepared under the PRC Accounting Rules and Regulations and IAS Supplemental Information for North American Shareholders Supplemental Information on Oil and Gas Producing Activities (Unaudited) Corporate Information Documents for Inspection