Economic

ECONOMIC

Whilst corporate reporting on financial performance is well established through our Annual and Interim Accounts, reporting on the interactions between MTR and the economy is at an early stage of development. As such, this chapter outlines MTR's financial performance and economic contribution and presents the actions for selected priority financial risks.

Priority Financial Risks	Ownership	Action
Maintaining Business in Deflationary Economy	Operations Property Project Human Resources	Reduction of Direct Costs Development of Staff Skills
Growth of Shareholder Value in Developed Market	MTR Executive Operations Property Project	Diversification within Hong Kong into other Businesses, Acquisitions and Mergers Provision of Consultancy Services Internationally Improved Property and Shopping Center Management Alternative Sources of Project Funding
Clarity of Roles between Government, Regulator and Central Provider.	MTR Executive	Review of Operating Agreement between MTR and Government Maintenance of Fare Levels
Ensure Continued Impartiality of the Board	Board	Corporate Governance

Economic

Introduction

Financial Performance

Corporate Governance

Fares

Interaction With Hong Kong, Asianand Global Economies

Role in Promoting Hong Kong as an International Financial Centre

Measures of MTR's Economic Contribution