中国电信China Telecom Corp Ltd (CHA) 2003年年度报告「NYSE」.pdf

1、CT Cover-1 3/15/04 13:55 2 X“”CMYCMMYCYCMYK?./012314 5627768 90:;714?00148.?;01?7AB CDEF.?EEG?D.EEHIB CDEF.?EE?.?J?D?China Telecom Corporation LimitedCONTENTS01COMPANY PROFILE AND CORPORATE INFORMATION2CHAIRMANS STATEMENT5BUSINESS REVIEW9DIRECTORS,SUPERVISORS AND SENIOR MANAGEMENT19MANAGEMENTS DISCU

2、SSION AND ANALYSIS OFFINANCIAL CONDITIONS AND RESULTS OF OPERATIONS25REPORT OF THE DIRECTORS36REPORT OF THE SUPERVISORY COMMITTEE49CONNECTED TRANSACTIONS51NOTICE OF ANNUAL GENERAL MEETING59REPORT OF THE INTERNATIONAL AUDITORS63CONSOLIDATED BALANCE SHEET65BALANCE SHEET67CONSOLIDATED STATEMENT OF INCO

3、ME69CONSOLIDATED STATEMENT OF SHAREHOLDERS EQUITY70CONSOLIDATED STATEMENT OF CASH FLOW71NOTES TO THE FINANCIAL STATEMENTS73SUPPLEMENTARY INFORMATION FOR ADS HOLDERS122FINANCIAL SUMMARY12702Annual Report 2003COMPANY PROFILE AND CORPORATE INFORMATIONChina Telecom Corporation Limited(the“Company”)is a

4、joint stock limited companyestablished pursuant to the PRC Company Law by China TelecommunicationsCorporation as its sole promoter on 10 September 2002.We are the leading provider of wireline telecommunications services in ShanghaiMunicipality,Guangdong Province,Jiangsu Province,Zhejiang Province,An

5、huiProvince,Fujian Province,Jiangxi Province,Guangxi Zhuang Autonomous Region,Chongqing Municipality and Sichuan Province in China.Our scope of businessincludes the following:(1)operating a variety of domestic wireline telecommunications networks andfacilities(including wireless local loops);(2)prov

6、iding 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 telecommunication and information-related sys