3rd Apr 2013 16:33
Profit/(loss) before tax and balance sheet data - Middle East and North Africa
2012 | |||||||||||||
Retail Bankingand WealthManagement US$m | Commercial Banking US$m | Global Bankingand Markets US$m | Global Private Banking US$m | Other US$m |
| Inter- segment elimination85 US$m | Total US$m | ||||||
Profit/(loss) before tax | |||||||||||||
Net interest income ............... | 597 | 492 | 367 | 1 | 42 | (29) | 1,470 | ||||||
Net fee income/(expense) ...... | 164 | 279 | 160 | 1 | (9) | - | 595 | ||||||
Trading income excluding net interest income .................. | 68 | 94 | 208 | - | 3 | - | 373 | ||||||
Net interest income/(expense)on trading activities ............ | - | 2 | 30 | - | (44) | 29 | 17 | ||||||
Net trading income/(expense)78 | 68 | 96 | 238 | - | (41) | 29 | 390 | ||||||
Net income from financial instruments designated atfair value ............................ | - | - | - | - | (12) | - | (12) | ||||||
Gains less losses fromfinancial investments ......... | - | - | 9 | - | - | - | 9 | ||||||
Dividend income .................... | - | - | 5 | - | - | - | 5 | ||||||
Other operating income/(expense) ........................... | (16) | 21 | 14 | 1 | 47 | (94) | (27) | ||||||
Total operating income ...... | 813 | 888 | 793 | 3 | 27 | (94) | 2,430 | ||||||
Net insurance claims86 ............ | - | - | - | - | - | - | - | ||||||
Net operating income21 ...... | 813 | 888 | 793 | 3 | 27 | (94) | 2,430 | ||||||
Loan impairment charges and other credit risk provisions . | (55) | (110) | (119) | (2) | - | - | (286) | ||||||
Net operating income ......... | 758 | 778 | 674 | 1 | 27 | (94) | 2,144 | ||||||
Total operating expenses ....... | (561) | (311) | (264) | - | (124) | 94 | (1,166) | ||||||
Operating profit/(loss) ....... | 197 | 467 | 410 | 1 | (97) | - | 978 | ||||||
Share of profit in associatesand joint ventures ............... | 55 | 120 | 171 | 9 | 17 | - | 372 | ||||||
Profit/(loss) before tax ....... | 252 | 587 | 581 | 10 | (80) | - | 1,350 | ||||||
% | % | % | % | % | % | ||||||||
Share of HSBC's profitbefore tax ........................... | 1.2 | 2.8 | 2.8 | - | (0.3) | 6.5 | |||||||
Cost efficiency ratio .............. | 69.0 | 35.0 | 33.3 | - | 459.3 | 48.0 | |||||||
Balance sheet data74 | |||||||||||||
US$m | US$m | US$m | US$m | US$m | US$m | ||||||||
Loans and advances tocustomers (net) .................. | 5,828 | 13,559 | 8,699 | - | - | 28,086 | |||||||
Total assets ............................ | 6,562 | 15,651 | 36,582 | 50 | 6,840 | (3,080) | 62,605 | ||||||
Customer accounts ................. | 19,802 | 12,826 | 6,880 | 3 | 72 | 39,583 | |||||||
2011 | |||||||||||||
Retail Bankingand WealthManagement US$m | Commercial Banking US$m | Global Bankingand Markets US$m | Global Private Banking US$m | Other US$m |
| Inter- segment elimination85 US$m | Total US$m | ||||||
Profit/(loss) before tax | |||||||||||||
Net interest income ................ | 589 | 496 | 371 | 2 | 2 | (28) | 1,432 | ||||||
Net fee income/(expense) ........ | 173 | 271 | 173 | 13 | (3) | - | 627 | ||||||
Trading income/(expense) excluding net interest income | 62 | 95 | 266 | 1 | (1) | - | 423 | ||||||
Net interest income/(expense)on trading activities ............. | - | - | 32 | - | (1) | 28 | 59 | ||||||
Net trading income/(expense)78 | 62 | 95 | 298 | 1 | (2) | 28 | 482 | ||||||
Net income from financial instruments designated atfair value ............................. | - | - | - | - | 10 | - | 10 | ||||||
Gains less losses fromfinancial investments .......... | 1 | 1 | (7) | - | (3) | - | (8) | ||||||
Dividend income ..................... | 1 | 1 | 3 | - | - | - | 5 | ||||||
Other operating income/(expense) ............................ | 22 | 11 | 11 | (1) | 124 | (108) | 59 | ||||||
Total operating income .......... | 848 | 875 | 849 | 15 | 128 | (108) | 2,607 | ||||||
Net insurance claims86 ............. | - | - | - | - | - | - | - | ||||||
Net operating income21 ........... | 848 | 875 | 849 | 15 | 128 | (108) | 2,607 | ||||||
Loan impairment charges and other credit risk provisions .. | (126) | (116) | (51) | - | - | - | (293) | ||||||
Net operating income ............. | 722 | 759 | 798 | 15 | 128 | (108) | 2,314 | ||||||
Total operating expenses ........ | (535) | (320) | (295) | (21) | (96) | 108 | (1,159) | ||||||
Operating profit/(loss) ............ | 187 | 439 | 503 | (6) | 32 | - | 1,155 | ||||||
Share of profit in associatesand joint ventures ................ | 60 | 98 | 140 | 4 | 35 | - | 337 | ||||||
Profit/(loss) before tax ............ | 247 | 537 | 643 | (2) | 67 | - | 1,492 | ||||||
% | % | % | % | % | % | ||||||||
Share of HSBC's profitbefore tax ............................ | 1.1 | 2.5 | 2.9 | - | 0.3 | 6.8 | |||||||
Cost efficiency ratio ............... | 63.1 | 36.6 | 34.7 | 140.0 | 75.0 | 44.5 | |||||||
Balance sheet data74 | |||||||||||||
US$m | US$m | US$m | US$m | US$m | US$m | ||||||||
Loans and advances tocustomers (net) ................... | 4,921 | 12,446 | 8,479 | 26 | 3 | 25,875 | |||||||
Total assets ............................. | 6,549 | 14,556 | 34,676 | 72 | 4,792 | (3,181) | 57,464 | ||||||
Customer accounts .................. | 18,549 | 10,943 | 6,703 | 114 | 113 | 36,422 | |||||||
For footnotes, see page 120.
Related Shares:
HSBC Holdings