Annual Report 2006

	SHUI ON LAND LIMITED (00272)

Cover Mission Statement -Part I -Part II Contents Corporate Profile Financial Highlights Chairman's Statement Management's Chat Room Management Discussion and Analysis Landbank Market and Project Updates -Part I -Part II -Part III A Strong Pipeline of New Projects Corporate Social Responsibility Corporate Governance Report Biographies of Directors and Senior Management Directors' Report Independent Auditors' Report Consolidated Income Statement Consolidated Balance Sheet Consolidated Statement of Changes in Equity Consolidated Cash Flow Statement Notes to the Consolidated Financial Statements Financial Summary Corporate Information Awards and Accolades Corporate Milestones Back Cover