Annual Report 2003 - Clear Media
Annual Report 2003 - Clear Media
Annual Report 2003 - Clear Media
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OUR GOAL IS TO BE<br />
THE BEST<br />
AND<br />
THE MOST SUCCESSFUL<br />
OUTDOOR ADVERTISING COMPANY<br />
IN CHINA<br />
Contents<br />
Fact Sheet at a Glance 2<br />
Corporate Profile 3<br />
Letter from the Chairman 4<br />
Interview with the CEO 7<br />
Management Discussion and Analysis 12<br />
• Business Review<br />
• Operations Review<br />
• Financial Review<br />
Corporate Governance <strong>Report</strong> 28<br />
FAQ 38<br />
The Power of Our Network 40<br />
Biographies of Directors 42<br />
<strong>Report</strong> of the Directors 47<br />
<strong>Report</strong> of the Auditors 60<br />
Consolidated Profit and Loss Account 61<br />
Consolidated Balance Sheet 62<br />
Consolidated Summary Statement of Changes in Equity 63<br />
Consolidated Cash Flow Statement 64<br />
Balance Sheet 65<br />
Notes to Financial Statements 66<br />
Notice of <strong>Annual</strong> General Meeting 90<br />
Glossary 93<br />
Financial Summary 95<br />
Corporate Information 96