20th Mar 2015 16:29
Profit before tax and balance sheet data - Asia
2014 | ||||||||||||||
Retail Bankingand WealthManagementUS$m |
| Commercial BankingUS$m |
| GlobalBanking andMarketsUS$m |
| Global PrivateBankingUS$m |
| Other US$m | Inter-segment elimination55 US$m |
| TotalUS$m | |||
Profit before tax |
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Net interest income/(expense) | 5,003 |
| 3,439 |
| 3,579 |
| 177 |
| (16) |
| 91 |
| 12,273 | |
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Net fee income | 2,792 |
| 1,529 |
| 1,311 |
| 272 |
| 6 |
| − |
| 5,910 | |
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Trading income/(expense) excluding net interest income | 216 |
| 382 |
| 1,220 |
| 142 |
| (5) |
| − |
| 1,955 | |
Net interest income/(expense)on trading activities | (13) |
| (9) |
| 771 |
| − |
| 9 |
| (91) |
| 667 | |
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Net trading income50 | 203 |
| 373 |
| 1,991 |
| 142 |
| 4 |
| (91) |
| 2,622 | |
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Changes in fair value of long-term debt issued and related derivatives | − |
| − |
| − |
| − |
| (4) |
| − |
| (4) | |
Net income/(expense) from other financial instruments designated at fair value | 543 |
| (6) |
| (2) |
| − |
| 2 |
| − |
| 537 | |
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| |
Net income/(expense) from financial instruments designated at fair value | 543 |
| (6) |
| (2) |
| − |
| (2) |
| − |
| 533 | |
Gains less losses from financial investments | 1 |
| 5 |
| 46 |
| − |
| 148 |
| − |
| 200 | |
Dividend income | 1 |
| − |
| 1 |
| − |
| 177 |
| − |
| 179 | |
Net insurance premium income | 6,596 |
| 794 |
| − |
| − |
| − |
| − |
| 7,390 | |
Other operating income | 516 |
| 95 |
| 141 |
| 3 |
| 2,734 |
| (1,158) |
| 2,331 | |
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Total operating income | 15,655 |
| 6,229 |
| 7,067 |
| 594 |
| 3,051 |
| (1,158) |
| 31,438 | |
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Net insurance claims56 | (6,979) |
| (782) |
| − |
| − |
| − |
| − |
| (7,761) | |
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Net operating income4 | 8,676 |
| 5,447 |
| 7,067 |
| 594 |
| 3,051 |
| (1,158) |
| 23,677 | |
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Loan impairment (charges)/ recoveries and other creditrisk provisions | (317) |
| (228) |
| (103) |
| 1 |
| − |
| − |
| (647) | |
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Net operating income | 8,359 |
| 5,219 |
| 6,964 |
| 595 |
| 3,051 |
| (1,158) |
| 23,030 | |
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Total operating expenses | (4,191) |
| (1,897) |
| (2,686) |
| (384) |
| (2,427) |
| 1,158 |
| (10,427) | |
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Operating profit | 4,168 |
| 3,322 |
| 4,278 |
| 211 |
| 624 |
| − |
| 12,603 | |
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Share of profit in associatesand joint ventures | 304 |
| 1,420 |
| 298 |
| − |
| − |
| − |
| 2,022 | |
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Profit before tax | 4,472 |
| 4,742 |
| 4,576 |
| 211 |
| 624 |
| − |
| 14,625 | |
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% |
| % |
| % |
| % |
| % |
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| % | ||
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Share of HSBC's profit before tax | 23.9 |
| 25.4 |
| 24.5 |
| 1.1 |
| 3.4 |
|
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| 78.3 | |
Cost efficiency ratio | 48.3 |
| 34.8 |
| 38.0 |
| 64.6 |
| 79.5 |
|
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| 44.0 | |
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Balance sheet data40 |
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US$m |
| US$m |
| US$m |
| US$m |
| US$m |
|
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| US$m | ||
Loans and advances to customers (net)27 | 115,643 |
| 132,509 |
| 99,934 |
| 12,894 |
| 1,975 |
|
|
| 362,955 | |
Total assets | 166,577 |
| 158,747 |
| 548,865 |
| 14,905 |
| 79,477 |
| (89,848) |
| 878,723 | |
Customer accounts27 | 286,670 |
| 155,608 |
| 104,896 |
| 29,847 |
| 470 |
|
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| 577,491 | |
2013 | ||||||||||||||
Retail Bankingand WealthManagementUS$m |
| Commercial BankingUS$m |
| GlobalBanking andMarketsUS$m |
| Global PrivateBankingUS$m |
| Other US$m |
| Inter-segment elimination55 US$m |
| TotalUS$m | ||
Profit before tax | ||||||||||||||
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Net interest income/(expense) | 4,895 |
| 3,103 |
| 3,245 |
| 205 |
| (124) |
| 108 |
| 11,432 | |
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Net fee income/(expense) | 2,758 |
| 1,518 |
| 1,419 |
| 249 |
| (8) |
| - |
| 5,936 | |
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Trading income/(expense) excluding net interest income | 238 |
| 377 |
| 1,483 |
| 175 |
| (739) |
| - |
| 1,534 | |
Net interest income/(expense)on trading activities | (16) |
| (6) |
| 608 |
| - |
| 14 |
| (108) |
| 492 | |
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Net trading income/(expense)50 | 222 |
| 371 |
| 2,091 |
| 175 |
| (725) |
| (108) |
| 2,026 | |
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Changes in fair value of long-term debt issued and related derivatives | - |
| - |
| - |
| - |
| (1) |
| - |
| (1) | |
Net income/(expense) from other financial instruments designated at fair value | 315 |
| - |
| 7 |
| - |
| (7) |
| - |
| 315 | |
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Net income/(expense) from financial instruments designated at fair value | 315 |
| - |
| 7 |
| - |
| (8) |
| - |
| 314 | |
Gains less losses from financial investments | (1) |
| - |
| 58 |
| 14 |
| 1,204 |
| - |
| 1,275 | |
Dividend income | - |
| 1 |
| 6 |
| - |
| 145 |
| - |
| 152 | |
Net insurance premium income | 6,263 |
| 654 |
| 1 |
| - |
| - |
| - |
| 6,918 | |
Other operating income | 764 |
| 97 |
| 163 |
| 12 |
| 3,871 |
| (1,232) |
| 3,675 | |
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Total operating income | 15,216 |
| 5,744 |
| 6,990 |
| 655 |
| 4,355 |
| (1,232) |
| 31,728 | |
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Net insurance claims56 | (6,609) |
| (687) |
| - |
| - |
| - |
| - |
| (7,296) | |
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Net operating income4 | 8,607 |
| 5,057 |
| 6,990 |
| 655 |
| 4,355 |
| (1,232) |
| 24,432 | |
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Loan impairment charges and other credit risk provisions | (347) |
| (144) |
| (3) |
| (4) |
| - |
| - |
| (498) | |
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Net operating income | 8,260 |
| 4,913 |
| 6,987 |
| 651 |
| 4,355 |
| (1,232) |
| 23,934 | |
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Total operating expenses | (4,138) |
| (1,786) |
| (2,560) |
| (367) |
| (2,317) |
| 1,232 |
| (9,936) | |
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Operating profit | 4,122 |
| 3,127 |
| 4,427 |
| 284 |
| 2,038 |
| - |
| 13,998 | |
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Share of profit/(loss) in associatesand joint ventures | 297 |
| 1,331 |
| 248 |
| - |
| (21) |
| - |
| 1,855 | |
|
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Profit before tax | 4,419 |
| 4,458 |
| 4,675 |
| 284 |
| 2,017 |
| - |
| 15,853 | |
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| % |
| % |
| % |
| % |
| % |
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| % | |
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Share of HSBC's profit before tax | 19.6 |
| 19.8 |
| 20.7 |
| 1.3 |
| 8.9 |
|
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| 70.3 | |
Cost efficiency ratio | 48.1 |
| 35.3 |
| 36.6 |
| 56.0 |
| 53.2 |
|
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| 40.7 | |
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Balance sheet data40 |
|
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| US$m |
| US$m |
| US$m |
| US$m |
| US$m |
|
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| US$m | |
Loans and advances to customers (net)27 | 111,769 |
| 122,882 |
| 89,722 |
| 10,904 |
| 1,620 |
|
|
| 336,897 | |
Total assets | 158,456 |
| 146,898 |
| 515,023 |
| 12,994 |
| 82,453 |
| (84,033) |
| 831,791 | |
Customer accounts27 | 278,392 |
| 141,958 |
| 96,546 |
| 31,250 |
| 337 |
|
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| 548,483 | |
Related Shares:
HSBC Holdings