UTC 2004 Annual Report - Otis

Otis	59,872 people Employees $9.0 billion Revenue $1.5 billion Operating Profit

Shanghai Metro, Shanghai, China

2004 Annual Report Index

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Chairman’s Letter
At a Glance
Our Companies
Businesses in Balance
Carrier
Chubb
Hamilton Sundstrand
Otis
Pratt & Whitney
Sikorsky
UTC Power
Financials
     Five Year Summary
     Management’s Discussion and Analysis
     Management’s Report on Internal Control
          Over Financial Reporting
     Report of Independent Registered
          Public Accounting Firm
     Consolidated Statement of Operations
     Consolidated Balance Sheet
     Consolidated Statement of Cash Flows
     Consolidated Statement of Changes in
          Shareowners’ Equity
     Notes to Consolidated Financial Statements
Board of Directors
Leadership
Shareowner Information