Annual Report 2011

	Shui On Land Limited (00272)

Cover Inside Front Cover Contents Corporate Philosophy and Commitment Financial Highlights Achievement Highlights Chairman's Statement CEO Report Management Discussion and Analysis Market Updates and Project Profiles Business Review Landbank at a Glance Financial Review Market Outlook Corporate Governance Report Corporate Social Responsibilities Biographies of Directors and Senior Management Directors' Report Independent Auditor's Report Consolidated Income Statement Consolidated Statement of Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Changes in Equity Consolidated Statement of Cash Flows Notes to the Consolidated Financial Statements Financial Summary Corporate Information Inside Back Cover Back Cover