Cathay Pacific 2007 Annual Report Download - page 2
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Contents
2 Financial and Operating Highlights
3 Chairman’s Letter
4 2007 in Review
12 Review of Operations
20 Financial Review
28 Directors and Officers
30 Directors’ Report
37 Corporate Governance
41 Independent Auditor’s Report
42 Principal Accounting Policies
46 Consolidated Profit and
Loss Account
47 Consolidated Balance Sheet
48 Company Balance Sheet
49 Consolidated Cash Flow Statement
50 Consolidated Statement of
Changes in Equity
52 Company Statement of
Changes in Equity
54 Notes to the Accounts
88 Principal Subsidiaries and
Associates
90 Statistics
95 Glossary
96 Corporate and Shareholder
Information
Cathay Pacific Airways is an international airline
registered and based in Hong Kong. We currently
offer scheduled passenger and cargo services to
113 destinations in 37 countries and territories,
employing a fleet of 115 wide-bodied aircraft.
The Company was founded in Hong Kong in 1946 and
remains deeply committed to its home base, making
substantial investments to develop Hong Kong as one
of the world’s leading aviation hubs. In addition to our
expanding fleet of aircraft, these investments include
catering, aircraft maintenance and ground-handling