CLP Holdings Annual Report 2004

	CLP Holdings Limited (0002)

Cover Contents CLP at a Glance Financial Highlights Chairman's Statement Business Strategy / Assets / Investments The CLP Group's Structure & Partnerships Management's Discussion and Analysis: CLP Group Management's Discussion and Analysis: Hong Kong Management's Discussion and Analysis: Chinese Mainland Management's Discussion and Analysis: Asia-Pacific Region Management's Discussion and Analysis: Electricity-Related Business Management's Discussion and Analysis: Group's Financial Position Management's Discussion and Analysis: Funding / Financing Business Outlook: CLP Group Business Outlook: Hong Kong Electricity Business Business Outlook: Electricity Business in the Chinese Mainland Business Outlook: Electricity Business in the Asia-Pacific Region Management of Risk CLP and our Shareholders CLP and our Customers CLP and our Employees CLP and our Environment CLP and our Community Values Board of Directors and Senior Management Corporate Governance Report Remuneration Report Directors' Report Financial Section (Contents) Auditors' Report Consolidated Profit and Loss Account Consolidated Balance Sheet Balance Sheet Consolidated Statement of Changes in Equity Statement of Changes in Equity Consolidated Cash Flow Statement Notes to the Accounts Scheme of Control Statement Ten-year Summary: CLP Group Financial & Operating Statistics Ten-year Summary: Scheme of Control Financial & Operating Statistics Information for our Investors Inside Back Cover Feedback Form Back Cover