10th Aug 2012 16:38
Consolidated income statement for the half-year to 30 June 2012
Half-year to | ||||||
30 June 2012 | 30 June 2011 | 31 December 2011 | ||||
Notes | US$m | US$m | US$m | |||
1 Interest income ........................................................... | 29,549 | 2 | 31,046 | 3 | 31,959 | |
4 Interest expense .......................................................... | (10,173) | 5 | (10,811) | 6 | (11,532) | |
7 | 8 | 9 | ||||
10 Net interest income ........................................ | 19,376 | 11 | 20,235 | 12 | 20,427 | |
13 | 14 | 15 | ||||
16 Fee income ....................................................... | 10,281 | 17 | 10,944 | 18 | 10,553 | |
19 Fee expense ...................................................... | (1,974) | 20 | (2,137) | 21 | (2,200) | |
22 | 23 | 24 | ||||
25 Net fee income ................................................. | 8,307 | 26 | 8,807 | 27 | 8,353 | |
28 | ||||||
Trading income excluding net interest income .................... | 3,134 | 3,231 | 52 | |||
Net interest income on trading activities ............................ | 1,385 | 1,581 | 1,642 | |||
29 | ||||||
Net trading income ............................................................. | 4,519 | 4,812 | 1,694 | |||
Changes in fair value of long-term debt issued and related derivatives ...................................................................... | (1,810) | (494) | 4,655 | |||
Net income/(expense) from other financial instruments designated at fair value ........................................................................ | 627 | 394 | (1,116) | |||
Net income/(expense) from financial instruments designated atfair value ........................................................................ | (1,183) | (100) | 3,539 | |||
Gains less losses from financial investments ........................ | 1,023 | 485 | 422 | |||
Dividend income ................................................................. | 103 | 87 | 62 | |||
Net earned insurance premiums ........................................... | 6,696 | 6,700 | 6,172 | |||
Gains on disposal of US branch network and cards business .. | 14 | 3,809 | - | - | ||
Other operating income ...................................................... | 1,022 | 1,285 | 481 | |||
Total operating income ................................................... | 43,672 | 42,311 | 41,150 | |||
Net insurance claims incurred and movement in liabilitiesto policyholders ............................................................. | (6,775) | (6,617) | (4,564) | |||
Net operating income before loan impairment charges andother credit risk provisions ....................................... | 36,897 | 35,694 | 36,586 | |||
Loan impairment charges and other credit risk provisions .. | (4,799) | (5,266) | (6,861) | |||
Net operating income ..................................................... | 32,098 | 30,428 | 29,725 | |||
Employee compensation and benefits ................................. | (10,905) | (10,521) | (10,645) | |||
General and administrative expenses ................................... | (9,125) | (8,419) | (9,040) | |||
Depreciation and impairment of property, plant and equipment ...................................................................... | (706) | (805) | (765) | |||
Amortisation and impairment of intangible assets ............... | (468) | (765) | (585) | |||
Total operating expenses ................................................ | (21,204) | (20,510) | (21,035) | |||
Operating profit .............................................................. | 10,894 | 9,918 | 8,690 | |||
Share of profit in associates and joint ventures ................... | 1,843 | 1,556 | 1,708 | |||
Profit before tax .............................................................. | 12,737 | 11,474 | 10,398 | |||
Tax expense ....................................................................... | 6 | (3,629) | (1,712) | (2,216) | ||
Profit for the period ........................................................ | 9,108 | 9,762 | 8,182 | |||
Profit attributable to shareholders of the parent company .. | 8,438 | 9,215 | 7,582 | |||
Profit attributable to non-controlling interests ................... | 670 | 547 | 600 | |||
US$ | US$ | US$ | ||||
Basic earnings per ordinary share ........................................ | 4 | 0.45 | 0.51 | 0.41 | ||
Diluted earnings per ordinary share ..................................... | 4 | 0.45 | 0.50 | 0.41 | ||
The accompanying notes on pages 219 to 263 form an integral part of these financial statements1.
For footnote, see page 218.
Consolidated statement of comprehensive income for the half-year to 30 June 2012
Half-year to |
| |||||
30 June | 30 June | 31 December | ||||
2012 | 2011 | 2011 | ||||
US$m | US$m | US$m | ||||
Profit for the period ..................................................................................... | 9,108 | 9,762 | 8,182 | |||
Other comprehensive income/(expense) | ||||||
Available-for-sale investments ..................................................................... | 1,593 | 1,136 | (462) | |||
- fair value gains/(losses) ......................................................................... | 2,362 | 1,378 | (99) | |||
- fair value gains transferred to income statement on disposal ................. | (1,017) | (529) | (291) | |||
- amounts transferred to the income statement in respect of impairment losses .............................................................................. | 450 | 287 | 296 | |||
- income taxes ........................................................................................ | (202) | - | (368) | |||
Cash flow hedges .......................................................................................... | (6) | 40 | 147 | |||
- fair value gains/(losses) ......................................................................... | (307) | 231 | (812) | |||
- fair value (gains)/losses transferred to income statement ....................... | 245 | (196) | 984 | |||
- income taxes ........................................................................................ | 56 | 5 | (25) | |||
Actuarial gains/(losses) on defined benefit plans ............................................ | (469) | (19) | 1,028 | |||
- before income taxes .............................................................................. | (619) | (18) | 1,285 | |||
- income taxes ........................................................................................ | 150 | (1) | (257) | |||
Share of other comprehensive income/(expense) of associates and joint ventures ....................................................................................................... | 338 | (146) | (564) | |||
Exchange differences .................................................................................... | (392) | 4,404 | (7,269) | |||
Income tax attributable to exchange differences ........................................... | - | 165 | - | |||
Other comprehensive income/(expense) for the period, net of tax ............... | 1,064 | 5,580 | (7,120) | |||
Total comprehensive income for the period ................................................. | 10,172 | 15,342 | 1,062 | |||
Total comprehensive income for the period attributable to: | ||||||
- shareholders of the parent company ..................................................... | 9,515 | 14,728 | 638 | |||
- non-controlling interests ...................................................................... | 657 | 614 | 424 | |||
10,172 | 15,342 | 1,062 | ||||
The accompanying notes on pages 219 to 263 form an integral part of these financial statements1.
For footnote, see page 218.
Consolidated balance sheet at 30 June 2012
At 30 June | At 30 June | At 31 December | ||||
2012 | 2011 | 2011 | ||||
Notes | US$m | US$m | US$m | |||
Assets | ||||||
Cash and balances at central banks ...................................................... | 147,911 | 68,218 | 129,902 | |||
Items in the course of collection from other banks ............................. | 11,075 | 15,058 | 8,208 | |||
Hong Kong Government certificates of indebtedness .......................... | 21,283 | 19,745 | 20,922 | |||
Trading assets ..................................................................................... | 7 | 391,371 | 474,950 | 330,451 | ||
Financial assets designated at fair value ............................................... | 11 | 32,310 | 39,565 | 30,856 | ||
Derivatives ......................................................................................... | 12 | 355,934 | 260,672 | 346,379 | ||
Loans and advances to banks .............................................................. | 182,191 | 226,043 | 180,987 | |||
Loans and advances to customers ....................................................... | 974,985 | 1,037,888 | 940,429 | |||
Financial investments ......................................................................... | 13 | 393,736 | 416,857 | 400,044 | ||
Assets held for sale ............................................................................. | 14 | 12,383 | 1,599 | 39,558 | ||
Other assets ........................................................................................ | 47,115 | 45,904 | 48,699 | |||
Current tax assets ............................................................................... | 1,312 | 1,487 | 1,061 | |||
Prepayments and accrued income ....................................................... | 9,736 | 12,556 | 10,059 | |||
Interests in associates and joint ventures ............................................ | 23,790 | 18,882 | 20,399 | |||
Goodwill and intangible assets ............................................................. | 28,916 | 32,028 | 29,034 | |||
Property, plant and equipment ........................................................... | 10,642 | 11,594 | 10,865 | |||
Deferred tax assets ............................................................................. | 7,644 | 7,941 | 7,726 | |||
Total assets ........................................................................................ | 2,652,334 | 2,690,987 | 2,555,579 | |||
Liabilities and equity | ||||||
Liabilities | ||||||
Hong Kong currency notes in circulation ............................................ | 21,283 | 19,745 | 20,922 | |||
Deposits by banks ............................................................................... | 123,553 | 125,479 | 112,822 | |||
Customer accounts ............................................................................. | 1,278,489 | 1,318,987 | 1,253,925 | |||
Items in the course of transmission to other banks ............................. | 11,321 | 16,317 | 8,745 | |||
Trading liabilities ................................................................................ | 15 | 308,564 | 385,824 | 265,192 | ||
Financial liabilities designated at fair value .......................................... | 16 | 87,593 | 98,280 | 85,724 | ||
Derivatives ......................................................................................... | 12 | 355,952 | 257,025 | 345,380 | ||
Debt securities in issue ........................................................................ | 125,543 | 149,803 | 131,013 | |||
Liabilities of disposal groups held for sale ........................................... | 12,599 | 41 | 22,200 | |||
Other liabilities ................................................................................... | 35,119 | 31,542 | 27,967 | |||
Current tax liabilities .......................................................................... | 3,462 | 2,629 | 2,117 | |||
Liabilities under insurance contracts ................................................... | 62,861 | 64,451 | 61,259 | |||
Accruals and deferred income ............................................................. | 11,727 | 13,432 | 13,106 | |||
Provisions .......................................................................................... | 17 | 5,259 | 3,027 | 3,324 | ||
Deferred tax liabilities ........................................................................ | 1,585 | 1,157 | 1,518 | |||
Retirement benefit liabilities ............................................................... | 3,962 | 2,958 | 3,666 | |||
Subordinated liabilities ........................................................................ | 29,696 | 32,753 | 30,606 | |||
Total liabilities ................................................................................... | 2,478,568 | 2,523,450 | 2,389,486 | |||
Equity | ||||||
Called up share capital ........................................................................ | 9,081 | 8,909 | 8,934 | |||
Share premium account ...................................................................... | 9,841 | 8,401 | 8,457 | |||
Other equity instruments .................................................................... | 5,851 | 5,851 | 5,851 | |||
Other reserves .................................................................................... | 24,806 | 31,085 | 23,615 | |||
Retained earnings ............................................................................... | 116,266 | 106,004 | 111,868 | |||
Total shareholders' equity .................................................................. | 165,845 | 160,250 | 158,725 | |||
Non-controlling interests ................................................................... | 7,921 | 7,287 | 7,368 | |||
Total equity ....................................................................................... | 173,766 | 167,537 | 166,093 | |||
Total equity and liabilities .................................................................. | 2,652,334 | 2,690,987 | 2,555,579 |
The accompanying notes on pages 219 to 263 form an integral part of these financial statements1.
For footnote, see page 218.
Consolidated statement of cash flows for the half-year to 30 June 2012
Half-year to | ||||||
Notes | 30 June 2012 | 30 June 2011 | 31 December 2011 | |||
US$m | US$m | US$m | ||||
Cash flows from operating activities | ||||||
Profit before tax .............................................................................. | 12,737 | 11,474 | 10,398 | |||
- | ||||||
Adjustments for: | ||||||
- net gain from investing activities .............................................. | (1,481) | (544) | (652) | |||
- share of profit in associates and joint ventures .......................... | (1,843) | (1,556) | (1,708) | |||
- gain on disposal of US branches and cards business .................... | (3,809) | - | - | |||
- other non-cash items included in profit before tax .................... | 20 | 10,420 | 8,825 | 11,053 | ||
- change in operating assets ......................................................... | 20 | (47,658) | (92,560) | 85,148 | ||
- change in operating liabilities .................................................... | 20 | 40,766 | 130,301 | (86,289) | ||
- elimination of exchange differences2 ........................................ | 3,504 | (16,046) | 26,886 | |||
- dividends received from associates ............................................ | 278 | 246 | 58 | |||
- contributions paid to defined benefit plans ................................ | (437) | (588) | (589) | |||
- tax paid .................................................................................... | (2,304) | (1,709) | (2,386) | |||
Net cash generated from operating activities .................................... | 10,173 | 37,843 | 41,919 | |||
Cash flows from investing activities | ||||||
Purchase of financial investments .................................................... | (177,427) | (156,596) | (162,412) | |||
Proceeds from the sale and maturity of financial investments .......... | 188,242 | 153,407 | 158,295 | |||
Purchase of property, plant and equipment ...................................... | (683) | (665) | (840) | |||
Proceeds from the sale of property, plant and equipment ................. | 76 | 194 | 106 | |||
Net purchase of intangible assets ...................................................... | (507) | (893) | (678) | |||
Net cash inflow from disposal of US branch network and cards business.......................................................................................... | 23,484 | - | - | |||
Net cash inflow/(outflow) from disposal of other subsidiaries andbusinesses ...................................................................................... | (1,537) | 5 | 211 | |||
Net cash outflow from acquisition of or increase in stake of associates ...................................................................................... | (13) | (39) | (51) | |||
Proceeds from disposal of associates and joint ventures .................... | 288 | 11 | 14 | |||
Net cash used in investing activities .................................................. | 31,923 | (4,576) | (5,355) | |||
Cash flows from financing activities | ||||||
Issue of ordinary share capital .......................................................... | 263 | 13 | 83 | |||
Net sales of own shares for market-making and investment purposes ......................................................................................................... | 25 | 27 | (252) | |||
(Purchases)/sales of own shares to meet share awards and shareoption awards ............................................................................... | - | (27) | (109) | |||
Subordinated loan capital issued ........................................................ | - | - | 7 | |||
Subordinated loan capital repaid ........................................................ | (1,453) | (2,574) | (1,203) | |||
Net cash outflow from change in stake in subsidiaries ....................... | - | - | 104 | |||
Dividends paid to ordinary shareholders of the parent company ....... | (3,161) | (2,192) | (2,822) | |||
Dividends paid to non-controlling interests ...................................... | (325) | (321) | (247) | |||
Dividends paid to holders of other equity instruments ....................... | (286) | (286) | (287) | |||
Net cash generated from/(used in) financing activities ...................... | (4,937) | (5,360) | (4,726) | |||
Net increase/(decrease) in cash and cash equivalents .............. | 37,159 | 27,907 | 31,838 | |||
Cash and cash equivalents at the beginning of the period .................. | 325,449 | 274,076 | 312,351 | |||
Exchange differences in respect of cash and cash equivalents ............ | (3,601) | 10,368 | (18,740) | |||
Cash and cash equivalents at the end of the period ............................ | 20 | 359,007 | 312,351 | 325,449 | ||
The accompanying notes on pages 219 to 263 form an integral part of these financial statements1.
For footnotes, see page 218.
Consolidated statement of changes in equity for the half-year to 30 June 2012
Half-year to 30 June 2012 | |||||||||||||||||||||
Other reserves | |||||||||||||||||||||
Called up sharecapital | Share premium3 |
Otherequityinstru- ments | Retained earnings4,5 | Available- for-sale fair value reserve | Cash flow hedging reserve6 | Foreign exchange reserve | Merger reserve4,7 | Total share- holders' equity | Non- controlling interests | Totalequity | |||||||||||
US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | |||||||||||
At 1 January 2012............................................ | 8,934 | 8,457 | 5,851 | 111,868 | (3,361) | (95) | (237) | 27,308 | 158,725 | 7,368 | 166,093 | ||||||||||
Profit for the period ........................................ | - | - | - | 8,438 | - | - | - | - | 8,438 | 670 | 9,108 | ||||||||||
- | - | - | |||||||||||||||||||
Other comprehensive income (net of tax) ....... | - | - | - | (114) | 1,562 | (7) | (364) | - | 1,077 | (13) | 1,064 | ||||||||||
Available-for-sale investments ......................... | - | - | - | 1,562 | - | - | - | 1,562 | 31 | 1,593 | |||||||||||
Cash flow hedges .............................................. | - | - | - | - | (7) | - | - | (7) | 1 | (6) | |||||||||||
Actuarial gains/(losses) on defined benefit plans ..................................................................... | - | - | - | (452) | - | - | - | - | (452) | (17) | (469) | ||||||||||
Share of other comprehensive income of associatesand joint ventures ........................................ | - | - | - | 338 | - | - | - | 338 | - | 338 | |||||||||||
Exchange differences ....................................... | - | - | - | - | - | - | (364) | - | (364) | (28) | (392) | ||||||||||
Total comprehensive income for the period .... | - | - | - | 8,324 | 1,562 | (7) | (364) | - | 9,515 | 657 | 10,172 | ||||||||||
Shares issued under employee share plans ......... | 84 | 1,447 | - | (1,268) | - | - | - | - | 263 | - | 263 | ||||||||||
Shares issued in lieu of dividends and amounts arisingthereon3 ....................................................... | 63 | (63) | - | 1,007 | - | - | - | - | 1,007 | - | 1,007 | ||||||||||
Dividends to shareholders8 ............................... | - | - | - | (4,454) | - | - | - | - | (4,454) | (398) | (4,852) | ||||||||||
Tax credits on distributions .............................. | - | - | - | 59 | - | - | - | - | 59 | 59 | |||||||||||
Own shares adjustment ..................................... | - | - | - | 32 | - | - | - | - | 32 | - | 32 | ||||||||||
Cost of share-based payment arrangements ...... | - | - | - | 541 | - | - | - | - | 541 | - | 541 | ||||||||||
Income taxes on share-based payments ............ | - | - | - | (5) | - | - | - | - | (5) | - | (5) | ||||||||||
Other movements ............................................ | - | - | - | 119 | - | - | - | - | 119 | (11) | 108 | ||||||||||
Acquisition and disposal of subsidiaries ............. | - | - | - | - | - | - | - | - | - | 376 | 376 | ||||||||||
Changes in ownership interests in subsidiaries that didnot result in loss of control .......................... | - | - | - | 43 | - | - | - | - | 43 | (71) | (28) | ||||||||||
- | |||||||||||||||||||||
At 30 June 2012 .............................................. | 9,081 | 9,841 | 5,851 | 116,266 | (1,799) | (102) | (601) | 27,308 | 165,845 | 7,921 | 173,766 | ||||||||||
Consolidated statement of changes in equity for the half-year to 30 June 2012 (continued)
Half-year to 30 June 2011 | |||||||||||||||||||||
Other reserves | |||||||||||||||||||||
Called upsharecapital | Share premium3 | Other equity instru- ments | Retained earnings 4,5 | Available- for-sale fair valuereserve | Cash flow hedging reserve6 | Foreign exchangereserve | Merger reserve4,7 | Total share- holders' equity | Non- controlling interests | Totalequity | |||||||||||
US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | |||||||||||
At 1 January 2011 ........................................... | 8,843 | 8,454 | 5,851 | 99,105 | (4,077) | (285) | 2,468 | 27,308 | 147,667 | 7,248 | 154,915 | ||||||||||
Profit for the period ........................................ | - | - | - | 9,215 | - | - | - | - | 9,215 | 547 | 9,762 | ||||||||||
Other comprehensive income (net of tax) ....... | - | - | - | (144) | 1,146 | 40 | 4,471 | - | 5,513 | 67 | 5,580 | ||||||||||
Available-for-sale investments ......................... | - | - | - | - | 1,146 | - | - | - | 1,146 | (10) | 1,136 | ||||||||||
Cash flow hedges .............................................. | - | - | - | - | - | 40 | - | - | 40 | - | 40 | ||||||||||
Actuarial gains/(losses) on defined benefit plans ..................................................................... | - | - | - | 2 | - | - | - | - | 2 | (21) | (19) | ||||||||||
Share of other comprehensive income of associatesand joint ventures ........................................ | - | - | - | (146) | - | - | - | - | (146) | - | (146) | ||||||||||
Exchange differences ....................................... | - | - | - | - | - | - | 4,471 | - | 4,471 | 98 | 4,569 | ||||||||||
Total comprehensive income for the period .... | - | - | - | 9,071 | 1,146 | 40 | 4,471 | - | 14,728 | 614 | 15,342 | ||||||||||
Shares issued under employee share plans ......... | 1 | 12 | - | - | - | - | - | - | 13 | - | 13 | ||||||||||
Shares issued in lieu of dividends and amounts arisingthereon3 ....................................................... | 65 | (65) | - | 1,334 | - | - | - | - | 1,334 | - | 1,334 | ||||||||||
Dividends to shareholders8 ............................... | - | - | - | (4,006) | - | - | - | - | (4,006) | (413) | (4,419) | ||||||||||
Tax credits on distributions .............................. | - | - | - | 64 | - | - | - | - | 64 | - | 64 | ||||||||||
Own shares adjustment ..................................... | - | - | - | (225) | - | - | - | - | (225) | - | (225) | ||||||||||
Cost of share-based payment arrangements ...... | - | - | - | 588 | - | - | - | - | 588 | - | 588 | ||||||||||
Income taxes on share-based payments ............ | - | - | - | 36 | - | - | - | - | 36 | - | 36 | ||||||||||
Other movements ............................................ | - | - | - | 37 | 14 | - | - | - | 51 | 1 | 52 | ||||||||||
Acquisition and disposal of subsidiaries ............. | - | - | - | - | - | - | - | - | - | (261) | (261) | ||||||||||
Changes in ownership interests in subsidiaries that didnot result in loss of control .......................... | - | - | - | - | - | - | - | - | - | 98 | 98 | ||||||||||
At 30 June 2011 .............................................. | 8,909 | 8,401 | 5,851 | 106,004 | (2,917) | (245) | 6,939 | 27,308 | 160,250 | 7,287 | 167,537 | ||||||||||
Half-year to 31 December 2011 | ||||||||||||||||||||||
Other reserves | ||||||||||||||||||||||
Called up share capital | Share premium3 | Other equity instru- ments | Retained earnings4,5 | Available- for-sale fair value reserve | Cash flow hedging reserve6 | Foreign exchange reserve | Merger reserve4,7 | Total share- holders' equity | Non- controlling interests | Total equity |
| |||||||||||
US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m | US$m |
| |||||||||||
| ||||||||||||||||||||||
At 1 July 2011......................................... | 8,909 | 8,401 | 5,851 | 106,004 | (2,917) | (245) | 6,939 | 27,308 | 160,250 | 7,287 | 167,537 |
| ||||||||||
Profit for the period ............................... | - | - | - | 7,582 | - | - | - | - | 7,582 | 600 | 8,182 |
| ||||||||||
| ||||||||||||||||||||||
Other comprehensive income (net of tax) ............................................................ | - | - | - | 512 | (430) | 150 | (7,176) | - | (6,944) | (176) | (7,120) |
| ||||||||||
Available-for-sale investments ................ | - | - | - | - | (430) | - | - | - | (430) | (32) | (462) |
| ||||||||||
Cash flow hedges ..................................... | - | - | - | - | - | 150 | - | - | 150 | (3) | 147 |
| ||||||||||
Actuarial losses on defined benefit plans .. | - | - | - | 1,076 | - | - | - | - | 1,076 | (48) | 1,028 |
| ||||||||||
Share of other comprehensive income of associatesand joint ventures ................................ | - | - | - | (564) | - | - | - | - | (564) | - | (564) |
| ||||||||||
Exchange differences .............................. | - | - | - | - | - | - | (7,176) | - | (7,176) | (93) | (7,269) |
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Total comprehensive income for period . | - | - | - | 8,094 | (430) | 150 | (7,176) | - | 638 | 424 | 1,062 |
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Shares issued under employee share plans | 5 | 78 | - | - | - | - | - | - | 83 | - | 83 |
| ||||||||||
Shares issued in lieu of dividends and amountsarising thereon3 ................................... | 20 | (22) | - | 898 | - | - | - | - | 896 | - | 896 |
| ||||||||||
Dividends to shareholders8....................... | - | - | - | (3,495) | - | - | - | - | (3,495) | (402) | (3,897) |
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Tax credits on distributions ..................... | - | - | - | 64 | - | - | - | - | 64 | - | 64 |
| ||||||||||
Own shares adjustment ............................ | - | - | - | (136) | - | - | - | - | (136) | - | (136) |
| ||||||||||
Cost of share-based payment arrangements ....................................... | - | - | - | 566 | - | - | - | - | 566 | - | 566 |
| ||||||||||
Income taxes on share based payments ... | - | - | - | (15) | - | - | - | - | (15) | - | (15) |
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Other movements ................................... | - | - | - | (112) | (14) | - | - | - | (126) | 27 | (99) |
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Acquisition and disposal of subsidiaries .... | - | - | - | - | - | - | - | - | - | 9 | 9 |
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Changes in ownership interests in subsidiaries that didnot result in loss of control ................. | - | - | - | - | - | - | - | - | - | 23 | 23 |
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At 31 December 2011.............................. | 8,934 | 8,457 | 5,851 | 111,868 | (3,361) | (95) | (237) | 27,308 | 158,725 | 7,368 | 166,093 |
| ||||||||||
The accompanying notes on pages 219 to 263 form an integral part of these financial statements1.
For footnotes, see page 218.
Related Shares:
HSBC Holdings