HSBC Holdings Regulatory News (HSBA)

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

Net interest income/(expense)

5,003

3,439

3,579

177

(16)

91

12,273

Net fee income 

2,792

1,529

1,311

272

6

−

5,910

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

Net trading income50

203

373

1,991

142

4

(91)

2,622

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

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

Total operating income

15,655

6,229

7,067

594

3,051

(1,158)

31,438

Net insurance claims56

(6,979)

(782)

−

−

−

−

(7,761)

Net operating income4

8,676

5,447

7,067

594

3,051

(1,158)

23,677

Loan impairment (charges)/ recoveries and other creditrisk provisions 

(317)

(228)

(103)

1

−

−

(647)

Net operating income

8,359

5,219

6,964

595

3,051

(1,158)

23,030

Total operating expenses

(4,191)

(1,897)

(2,686)

(384)

(2,427)

1,158

(10,427)

Operating profit

4,168

3,322

4,278

211

624

−

12,603

Share of profit in associatesand joint ventures

304

1,420

298

−

−

−

2,022

Profit before tax

4,472

4,742

4,576

211

624

−

14,625

%

%

%

%

%

%

Share of HSBC's profit before tax

23.9

25.4

24.5

1.1

3.4

78.3

Cost efficiency ratio

48.3

34.8

38.0

64.6

79.5

44.0

Balance sheet data40

US$m

US$m

US$m

US$m

US$m

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

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

Net interest income/(expense)

4,895

3,103

3,245

205

(124)

108

11,432

Net fee income/(expense)

2,758

1,518

1,419

249

(8)

-

5,936

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

Net trading income/(expense)50

222

371

2,091

175

(725)

(108)

2,026

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

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

Total operating income

15,216

5,744

6,990

655

4,355

(1,232)

31,728

Net insurance claims56

(6,609)

(687)

-

-

-

-

(7,296)

Net operating income4

8,607

5,057

6,990

655

4,355

(1,232)

24,432

Loan impairment charges and other credit risk provisions

(347)

(144)

(3)

(4)

-

-

(498)

Net operating income

8,260

4,913

6,987

651

4,355

(1,232)

23,934

Total operating expenses

(4,138)

(1,786)

(2,560)

(367)

(2,317)

1,232

(9,936)

Operating profit

4,122

3,127

4,427

284

2,038

-

13,998

Share of profit/(loss) in associatesand joint ventures

297

1,331

248

-

(21)

-

1,855

Profit before tax

4,419

4,458

4,675

284

2,017

-

15,853

%

%

%

%

%

%

Share of HSBC's profit before tax

19.6

19.8

20.7

1.3

8.9

70.3

Cost efficiency ratio

48.1

35.3

36.6

56.0

53.2

40.7

Balance sheet data40

US$m

US$m

US$m

US$m

US$m

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

548,483