中华电信Chunghwa Telecom Co., Ltd. (CHT) 2003年年度报告「NYSE」.pdf

1、PART I.LETTER TO SHAREHOLDERS3I.2003 Business Review6II.2004 Operating Targets10PART II.CORPORATE OVERVIEW14I.Corporate Profile14II.Organization17III.Capital and Shares33IV.Issuance of Corporate Bonds36V.Issuance of Preferred Shares36VI.Issuance of American Depositary Shares37VII.Employee Stock Opti

2、on Plan37VIII.Mergers and Acquisitions37PART III.OPERATIONS REVIEW38I.Business Activities39II.Marketing and Sales45III.Human Resources and Staff Development48IV.Manpower Structure49V.Commitment to the Environment49VI.Employee Relations49VII.Important Contracts52VIII.Significant Lawsuits During 2002

3、and 200352PART IV.FINANCIAL SUMMARY53I.Summary Financial Data54II.Financial Statements and Notes55PART V.FINANCIAL STATUS AND RISK MANAGEMENT 93I.Major Capital Expenditures and Sources of Capital93II.Estimated Results94III.Long-term Investments95IV.Risk Management and Assessment95V.Other Significant

4、 Issues99PART VI.CORPORATE GOVERNANCE101I.Ownership Structure and Shareholders Rights101II.Composition and Responsibilities of Board of Directors101III.Composition and Responsibilities of Supervisors102IV.Establishment of Communication Channels with Stakeholders102V.Information Disclosure103VI.Estab

5、lishment of Audit Committees and Others103VII.Other Significant Information on Corporate Governance104VIII.Establishment of the System of Corporate Governance Practices according to Principles Dictated by the 105Corporate Governance Best-Practice Principles for TSE/GTSM Listed CompaniesPART VII.OTHE

6、R SIGNIFICANT EVENTS106I.Affilliates Information107II.Implementation of Internal Controls107III.Major Resolutions of Shareholders Meeting and Board Meetings108IV.Directors Opinions 112V.Private Placement of Securities113VI.Shares Held or Released by Subsidiaries113VII.Legal Penalties113VIII.Addition