中国电信China Telecom Corp Ltd (CHA) 2004年年度报告「NYSE」.pdf

1、CHINA TELECOM CORPORATION LIMITED 中國電信股份有限公司ANNUAL REPORT 2004 年報01CONTENTSChina Telecom Corporation LimitedAnnual Report 2004COMPANY PROFILE AND CORPORATE INFORMATION02FINANCIAL HIGHLIGHTS04CHAIRMANS STATEMENT06BUSINESS REVIEW11MANAGEMENTS DISCUSSION AND ANALYSIS OFFINANCIAL CONDITIONS AND RESULTS

2、OF OPERATIONS21DIRECTORS,SUPERVISORS AND SENIOR MANAGEMENT32REPORT OF THE DIRECTORS41REPORT OF THE SUPERVISORY COMMITTEE55CORPORATE GOVERNANCE57NOTICE OF ANNUAL GENERAL MEETING60REPORT OF THE INTERNATIONAL AUDITORS69CONSOLIDATED BALANCE SHEET71BALANCE SHEET73CONSOLIDATED STATEMENT OF INCOME75CONSOLI

3、DATED STATEMENT OF SHAREHOLDERS EQUITY76CONSOLIDATED STATEMENT OF CASH FLOW77NOTES TO THE FINANCIAL STATEMENTS79SUPPLEMENTARY INFORMATION FOR ADS HOLDERS128FINANCIAL SUMMARY13502COMPANY PROFILE AND CORPORATE INFORMATIONChina Telecom Corporation LimitedAnnual Report 2004China Telecom Corporation Limi

4、ted(the“Company”)is the leading provider ofwireline telecommunications services in Shanghai municipality,Guangdong province,Jiangsu province,Zhejiang province,Anhui province,Fujian province,Jiangxiprovince,Guangxi Zhuang autonomous region,Chongqing municipality,Sichuanprovince,Hubei province,Hunan p

5、rovince,Hainan province,Guizhou province,Yunnan province,Shaanxi province,Gansu province,Qinghai province,Ningxia Huiautonomous region and Xinjiang Uygur autonomous region in China.Our scope ofbusiness includes:(1)operating a variety of domestic wireline telecommunications networks andfacilities(inc

6、luding wireless local loops);(2)providing voice,data,image,multimedia telecommunications and informationservices based on the wireline networks;(3)providing international services and conducting accounts settlement withoverseas operators in accordance with state regulations;and(4)providing telecommu