18th Mar 2016 16:35
Profit/(loss) before tax and balance sheet data - Latin America
2015 | ||||||||||||||
Retail Banking and Wealth Management28 $m |
| Commercial Banking28 $m |
| GlobalBanking andMarkets$m |
| Global PrivateBanking$m |
| Other $m |
| Inter- segment elimination44 $m |
| Total$m | ||
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Profit/(loss) before tax | ||||||||||||||
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Net interest income | 2,891 |
| 997 |
| 461 |
| 18 |
| 15 |
| (64) |
| 4,318 | |
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Net fee income/(expense) | 724 |
| 253 |
| 133 |
| 23 |
| (2) |
| − |
| 1,131 | |
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Trading income/(expense) excluding net interest income | 149 |
| 89 |
| 239 |
| 3 |
| (7) |
| − |
| 473 | |
Net interest income on trading activities | − |
| − |
| 124 |
| − |
| 3 |
| 64 |
| 191 | |
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Net trading income/(expense)40 | 149 |
| 89 |
| 363 |
| 3 |
| (4) |
| 64 |
| 664 | |
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Changes in fair value of long-term debt issued and related derivatives | − |
| − |
| − |
| − |
| − |
| − |
| − | |
Net income from other financial instruments designated at fair value | 439 |
| 134 |
| 2 |
| − |
| − |
| − |
| 575 | |
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Net income from financial instruments designated at fair value | 439 |
| 134 |
| 2 |
| − |
| − |
| − |
| 575 | |
Gains less losses from financial investments | 14 |
| 1 |
| 56 |
| − |
| − |
| − |
| 71 | |
Dividend income | 4 |
| 2 |
| 1 |
| − |
| − |
| − |
| 7 | |
Net insurance premium income | 903 |
| 191 |
| 5 |
| − |
| − |
| − |
| 1,099 | |
Other operating income | 83 |
| 32 |
| 12 |
| − |
| 236 |
| (224) |
| 139 | |
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Total operating income | 5,207 |
| 1,699 |
| 1,033 |
| 44 |
| 245 |
| (224) |
| 8,004 | |
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Net insurance claims45 | (1,129) |
| (279) |
| (4) |
| − |
| − |
| − |
| (1,412) | |
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Net operating income1 | 4,078 |
| 1,420 |
| 1,029 |
| 44 |
| 245 |
| (224) |
| 6,592 | |
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Loan impairment charges and other credit risk provisions | (1,092) |
| (364) |
| (39) |
| − |
| − |
| − |
| (1,495) | |
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Net operating income | 2,986 |
| 1,056 |
| 990 |
| 44 |
| 245 |
| (224) |
| 5,097 | |
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Total operating expenses | (3,226) |
| (890) |
| (528) |
| (41) |
| (325) |
| 224 |
| (4,786) | |
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Operating profit/(loss) | (240) |
| 166 |
| 462 |
| 3 |
| (80) |
| − |
| 311 | |
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Share of loss in associates and joint ventures | − |
| (1) |
| − |
| − |
| − |
| − |
| (1) | |
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Profit/(loss) before tax | (240) |
| 165 |
| 462 |
| 3 |
| (80) |
| − |
| 310 | |
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Share of HSBC's profit before tax | (1.3) |
| 0.9 |
| 2.4 |
| − |
| (0.3) |
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| 1.7 | |
Cost efficiency ratio | 79.1 |
| 62.7 |
| 51.3 |
| 93.2 |
| 132.7 |
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| 72.6 | |
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Balance sheet data22,30 |
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| $m |
| $m |
| $m |
| $m |
| $m |
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| $m | |
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Loans and advances to customers (net) | 5,935 |
| 6,719 |
| 4,592 |
| 47 |
| − |
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| 17,293 | |
Total assets | 25,378 |
| 20,792 |
| 36,953 |
| 1,769 |
| 2,838 |
| (1,468) |
| 86,262 | |
Customer accounts | 12,042 |
| 5,904 |
| 3,422 |
| 102 |
| - |
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| 21,470 | |
2014 | ||||||||||||||
Retail Banking and Wealth Management28 $m | Commercial Banking28 $m | GlobalBanking andMarkets$m | Global PrivateBanking$m | Other $m | Inter- segment elimination44 $m | Total$m | ||||||||
Profit/(loss) before tax | ||||||||||||||
Net interest income | 3,671 | 1,181 | 490 | 19 | 9 | (60) | 5,310 | |||||||
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Net fee income | 939 | 301 | 147 | 28 | − | − | 1,415 | |||||||
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Trading income/(expense) excluding net interest income | 125 | 101 | 391 | 3 | (1) | − | 619 | |||||||
Net interest income/(expense) on trading activities | 1 | 4 | 174 | − | (2) | 60 | 237 | |||||||
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Net trading income/(expense)40 | 126 | 105 | 565 | 3 | (3) | 60 | 856 | |||||||
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Changes in fair value of long-term debt issued and related derivatives | − | − | − | − | − | − | − | |||||||
Net income from other financial instruments designated at fair value | 525 | 166 | − | − | − | − | 691 | |||||||
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Net income from financial instruments designated at fair value | 525 | 166 | − | − | − | − | 691 | |||||||
Gains less losses from financial investments | − | − | 84 | − | − | − | 84 | |||||||
Dividend income | 6 | 2 | 1 | − | − | − | 9 | |||||||
Net insurance premium income | 1,272 | 246 | 5 | − | − | − | 1,523 | |||||||
Other operating income | 61 | 40 | 19 | − | 213 | (184) | 149 | |||||||
Total operating income | 6,600 | 2,041 | 1,311 | 50 | 219 | (184) | 10,037 | |||||||
Net insurance claims45 | (1,428) | (334) | (3) | − | − | − | (1,765) | |||||||
Net operating income1 | 5,172 | 1,707 | 1,308 | 50 | 219 | (184) | 8,272 | |||||||
Loan impairment charges and other credit risk provisions | (1,208) | (659) | (252) | (5) | − | − | (2,124) | |||||||
Net operating income | 3,964 | 1,048 | 1,056 | 45 | 219 | (184) | 6,148 | |||||||
Total operating expenses | (4,124) | (1,041) | (606) | (49) | (296) | 184 | (5,932) | |||||||
Operating profit/(loss) | (160) | 7 | 450 | (4) | (77) | − | 216 | |||||||
Share of profit in associates and joint ventures | − | − | − | − | − | − | − | |||||||
Profit/(loss) before tax | (160) | 7 | 450 | (4) | (77) | − | 216 | |||||||
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| % | % | % | % | % | % | ||||||||
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Share of HSBC's profit before tax | (0.8) | − | 2.4 | − | (0.5) | 1.1 | ||||||||
Cost efficiency ratio | 79.7 | 61.0 | 46.3 | 98.0 | 135.2 | 71.7 | ||||||||
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Balance sheet data30 | ||||||||||||||
| $m | $m | $m | $m | $m | $m | ||||||||
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Loans and advances to customers (net) | 13,266 | 19,118 | 10,642 | 96 | - | 43,122 | ||||||||
Total assets | 30,855 | 28,070 | 55,827 | 298 | 1,155 | (851) | 115,354 | |||||||
Customer accounts | 25,392 | 12,789 | 8,219 | 2,188 | − | 48,588 | ||||||||
For footnotes, see page 99.
Related Shares:
HSBC Holdings