PICO: Annual Report 2006

Page 1

GLOBAL NETWORK

Contents

1

Financial Highlights 2006

36

3

Message from Chairman of the Boards

37 Social Responsibility

of Directors

38 Market and Competition

4

Message from Chairman of the Executive

39

Research and Development

Committee

39

Future Projects

5

Report of the Audit Committee 2006

40

2006 Economic Review and Outlook

6

General Information

for 2007

8

Pico Group International Network

41

Risk Factors

Transparency and Governance

12 Scope of Business

42 Operating Results and Financial Standing

21 Board of Directors / The Audit Committee /

51 Other References

52 Intercompany Transactions

The Executive Committee

26 Organizational Structure

57 Report of The Independent Certified Public

27 Management Structure

34 Shareholding Structure

58 Consolidated and Company Financial

35

Business Objectives

Accountants Statements


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