Annual Report 2008

	Shui On Land Limited (00272)

Cover Inside Front Cover Contents Innovative Developer in China Financial Highlights Chairman¡¦s Statement Management Chat Room Achievement Highlights Management Discussion and Analysis Market Updates and Project Profiles Business Review Financial Review Market Outlook Landbank at a Glance Corporate Governance Report Corporate Social Responsibility Biographies of Directors and Senior Management Directors¡¦ Report Independent Auditor¡¦s 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 Back Cover