Annual Financial Report - 31 of 38

HSBC

At 31 December 2009

Held for trading

Designated at fair value

Held-to- maturity securities

Loans and receivables

Available- for-sale securities

Financial assets and liabilities at amortised cost

Derivatives designated as fair value hedging instruments

Derivatives designated as cash flow hedging instruments

Total

US$m

US$m

US$m

US$m

US$m

US$m

US$m

US$m

US$m

Financial assets

Cash and balances at central banks ................................

-

-

-

-

-

60,655

-

-

60,655

Items in the course of collection from other banks .......

-

-

-

-

-

6,395

-

-

6,395

Hong Kong Government certificates of indebtedness ....

-

-

17,463

-

-

-

-

17,463

Trading assets ...............................................................

421,381

-

-

-

-

-

-

-

421,381

Financial assets designated at fair value .........................

-

37,181

-

-

-

-

-

-

37,181

Derivatives ...................................................................

245,685

-

-

-

-

-

584

4,617

250,886

Loans and advances to banks ........................................

-

-

-

179,781

-

-

-

-

179,781

Loans and advances to customers .................................

-

-

-

896,231

-

-

-

-

896,231

Financial investments ...................................................

-

-

17,626

-

351,532

-

-

-

369,158

Other assets ..................................................................

-

-

-

1,356

3

24,758

-

-

26,117

Accrued income ............................................................

-

-

-

-

-

10,256

-

-

10,256

Total financial assets ....................................................

667,066

37,181

17,626

1,094,831

351,535

102,064

584

4,617

2,275,504

Financial liabilities

Hong Kong currency notes in circulation ......................

-

-

-

17,463

-

-

-

-

17,463

Deposits by banks .........................................................

-

-

-

-

-

124,872

-

-

124,872

Customer accounts .......................................................

-

-

-

-

-

1,159,034

-

-

1,159,034

Items in the course of transmission to other banks .......

-

-

-

-

-

5,734

-

-

5,734

Trading liabilities ..........................................................

268,130

-

-

-

-

-

-

-

268,130

Financial liabilities designated at fair value ....................

-

80,092

-

-

-

-

-

-

80,092

Derivatives ...................................................................

244,072

-

-

-

-

-

1,085

2,489

247,646

Debt securities in issue ..................................................

-

-

-

-

-

146,896

-

-

146,896

Other liabilities .............................................................

-

-

-

-

-

66,169

-

-

66,169

Accruals .......................................................................

-

-

-

-

-

11,644

-

-

11,644

Subordinated liabilities ..................................................

-

-

-

-

-

30,478

-

-

30,478

Total financial liabilities ...............................................

512,202

80,092

-

17,463

-

1,544,827

1,085

2,489

2,158,158

HSBC (continued)

At 31 December 2008

Held for trading

Designated at fair value

Held-to- maturity securities

Loans and receivables

Available- for-sale securities

Financial assets and liabilities at amortised cost

Derivatives designated as fair value hedging instruments

Derivatives designated as cash flow hedging instruments

Total

US$m

US$m

US$m

US$m

US$m

US$m

US$m

US$m

US$m

Financial assets

Cash and balances at central banks ................................

-

-

-

-

-

52,396

-

-

52,396

Items in the course of collection from other banks .......

-

-

-

-

-

6,003

-

-

6,003

Hong Kong Government certificates of indebtedness ....

-

-

-

15,358

-

-

-

-

15,358

Trading assets ...............................................................

427,329

-

-

-

-

-

-

-

427,329

Financial assets designated at fair value .........................

-

28,533

-

-

-

-

-

-

28,533

Derivatives ...................................................................

488,385

-

-

-

-

-

839

5,652

494,876

Loans and advances to banks ........................................

-

-

-

153,766

-

-

-

-

153,766

Loans and advances to customers .................................

-

-

-

932,868

-

-

-

-

932,868

Financial investments ...................................................

-

-

14,013

-

286,222

-

-

-

300,235

Other assets ..................................................................

-

-

-

11

1

27,093

-

-

27,105

Accrued income ............................................................

-

-

-

-

-

13,754

-

-

13,754

Total financial assets ....................................................

915,714

28,533

14,013

1,102,003

286,223

99,246

839

5,652

2,452,223

Financial liabilities

Hong Kong currency notes in circulation ......................

-

-

-

15,358

-

-

-

-

15,358

Deposits by banks .........................................................

-

-

-

-

-

130,084

-

-

130,084

Customer accounts .......................................................

-

-

-

-

-

1,115,327

-

-

1,115,327

Items in the course of transmission to other banks .......

-

-

-

-

-

7,232

-

-

7,232

Trading liabilities ..........................................................

247,652

-

-

-

-

-

-

-

247,652

Financial liabilities designated at fair value ....................

-

74,587

-

-

-

-

-

-

74,587

Derivatives ...................................................................

481,799

-

-

-

-

-

1,267

3,994

487,060

Debt securities in issue ..................................................

-

-

-

-

-

179,693

-

-

179,693

Other liabilities .............................................................

-

-

-

-

-

70,003

-

-

70,003

Accruals .......................................................................

-

-

-

-

-

14,072

-

-

14,072

Subordinated liabilities ..................................................

-

-

-

-

-

29,433

-

-

29,433

Total financial liabilities ...............................................

729,451

74,587

-

15,358

-

1,545,844

1,267

3,994

2,370,501

At 31 December 2009

Held for trading

Designated at fair value

Loans and receivables

Available- for-sale securities

Financial assets and liabilities at amortised cost

Total

US$m

US$m

US$m

US$m

US$m

US$m

Financial assets

Cash at bank and in hand .............................

-

-

-

-

224

224

Derivatives ..................................................

2,981

-

-

-

-

2,981

Loans and advances to HSBC undertakings ..

-

-

23,212

-

-

23,212

Financial investments ..................................

-

-

-

2,455

-

2,455

Other assets .................................................

-

-

-

-

4

4

Total financial assets ...................................

2,981

-

23,212

2,455

228

28,876

Financial liabilities

Amounts owed to HSBC undertakings ..........

-

-

-

-

3,711

3,711

Financial liabilities designated at fair value ...

-

16,909

-

-

-

16,909

Derivatives ..................................................

362

-

-

-

-

362

Debt securities in issue .................................

-

-

-

-

2,839

2,839

Other liabilities ............................................

-

-

-

-

8

8

Accruals ......................................................

-

-

-

-

419

419

Subordinated liabilities .................................

-

-

-

-

14,406

14,406

Total financial liabilities ..............................

362

16,909

-

-

21,383

38,654

At 31 December 2008

Held for trading

Designated at fair value

Loans and receivables

Available- for-sale securities

Financial assets and liabilities at amortised cost

Total

US$m

US$m

US$m

US$m

US$m

US$m

Financial assets

Cash at bank and in hand .............................

-

-

-

-

443

443

Derivatives ..................................................

3,682

-

-

-

-

3,682

Loans and advances to HSBC undertakings ..

-

-

11,804

-

-

11,804

Financial investments ..................................

-

-

-

2,629

-

2,629

Other assets .................................................

-

-

-

-

25

25

Total financial assets ...................................

3,682

-

11,804

2,629

468

18,583

Financial liabilities

Amounts owed to HSBC undertakings ..........

-

-

-

-

4,042

4,042

Financial liabilities designated at fair value ...

-

16,389

-

-

-

16,389

Derivatives ..................................................

1,324

-

-

-

-

1,324

Other liabilities ............................................

-

-

-

-

10

10

Accruals ......................................................

-

-

-

-

288

288

Subordinated liabilities .................................

-

-

-

-

14,017

14,017

Total financial liabilities ..............................

1,324

16,389

-

-

18,357

36,070