Page 11 - ar2011_hi

ANNUAL REPORT 2011 // 9
Corporate Structure
Acting on behalf of
unitholders/Provision
of management services
Fees
Holding of units Distributions
Ownership and
shareholder loans
Dividends/interest income,
net of applicable taxes and
expenses and principal
repayment of shareholder loans
HIT and
COSCO-HIT
Portfolio
Ancillary
Services
River Ports1 YICT
100.0% 56.4%
51.6%
51.6%
50.0%
50.0% 100.0%
100.0%
77.7%
50.0%
50.0%
YICT (P1&2)
(YICT Phases
I & II)
YICT (P3)
(YICT Phase III
and YICT
Phase III
Expansion)
COSCO-HIT
(Terminal 8 East)
HIT
(Terminals 4, 6, 7
and two berths
in Terminal 9)
APS
Hutchison
Logistics
SHICD
Zhuhai
Jiuzhou
Terminal
Nanhai
Terminal
Jiangmen
Terminal
HPH TRUST
Unitholders
Trustee-Manager
YWP
(West Port
Phases
I and II)
1HPH Trust holds River Ports Economic Benefts, but not the shares of the River Ports’ holding companies