Annual Report 2001 New World Development Company Limited Financial Highlights From the Chairman From the Managing Director A Conversation with the Managing Director Business Review, Analysis and Outlook (1) Business Review, Analysis and Outlook (2) Business Review, Analysis and Outlook (3) Business Review, Analysis and Outlook (4) Business Review, Analysis and Outlook (5) Business Review, Analysis and Outlook (6) Business Review, Analysis and Outlook (7) Business Review, Analysis and Outlook (8) Business Review, Analysis and Outlook (9) Community Involvement, Employee Care and Investor Outreach Financial Statements Analysis Analysis of Group's Attributable Operating Profit Liquidity and Capital Resources Project Summary - Major Property Development Projects in Hong Kong Project Summary - Major Property Investment Projects in Hong Kong Project Summary - Hotel Investment Project Summary - Infrastructure Project Summary - Major Property Projects in the PRC Notice of Annual General Meeting Directors' Profile Directors' Report Auditors' Report Consolidated Profit and Loss Account Consolidated Balance Sheet Company Balance Sheet Consolidated Cash Flow Statement Consolidated Statement of Recognised Gains and Losses Notes to the Accounts Glossary of Terms Five-Year Financial Summary Corporate Information