| Cover | 1 |
| Contents | 2 |
| COSCO OVERVIEW | 3 |
| KEY MESSAGES | 16 |
| OPERATIONS AND FINANCIAL REVIEW | 26 |
| CORPORATE GOVERNANCE AND TRANSPARENCY | 34 |
| INSIDE COSCO AND CORPORATE CITIZENSHIP | 70 |
| FINANCIAL STATEMENTS | 75 |
| Directors’ Statement | 76 |
| Independent Auditor’s Report | 81 |
| Consolidated Profit or Loss | 82 |
| Consolidated Statement of Comprehensive Income | 83 |
| Balance Sheets | 84 |
| Consolidated Statement of Changes in Equity | 85 |
| Consolidated Statement of Cash Flows | 86 |
| Notes to the Financial Statements | 87 |
| Five-Year Summary | 157 |
| Shareholding Statistics | 158 |
| Notice of Annual General Meeting | 159 |
| Proxy Form for Annual General Meeting | 163 |
| Notes for Proxy Form | 164 |
| Back Cover | 165 |