| Cover | 1 |
| Contents | 2 |
| Mission Statement | 3 |
| Business Model | 4 |
| Chairman's Message | 6 |
| Group Financial Highlights | 10 |
| Group Financial Review | 12 |
| Corporate Milestones | 14 |
| Shipping Business | 18 |
| Property Business | 22 |
| Hotel Business | 26 |
| Business Segments | 30 |
| Income Stucture | 31 |
| Corporate Organisation | 32 |
| Management Organisation | 33 |
| Corporate Information | 34 |
| Risk Management | 36 |
| Investor Relations | 38 |
| Board Of Directors | 40 |
| Key Management | 44 |
| Corporate Governance | 48 |
| Financial Contents | 76 |
| Independent Auditor's Report | 77 |
| Balance Sheets | 78 |
| Consolidated Income Statement | 80 |
| Consolidated Statement of Comprehensive Income | 81 |
| Statements of Changes in Equity | 82 |
| Consolidated Cash Flow Statement | 84 |
| Notes to the Consolidated Financial Statements | 86 |
| Statistics of Shareholdings | 155 |
| Notice of Annual General Meeting | 157 |