HSBC Holdings Regulatory News (HSBA)

2015

Retail Bankingand WealthManagement$m

Commercial

Banking$m

GlobalBanking andMarkets$m

Global

PrivateBanking$m

Other

$m

Inter-segment

elimination44

$m

Total$m

Profit before tax

Net interest income/(expense)

5,132

3,613

3,373

175

(70)

(39)

12,184

Net fee income 

2,939

1,466

1,304

310

13

−

6,032

Trading income excluding net interest income

225

352

1,801

127

13

−

2,518

Net interest income/(expense)on trading activities

(23)

(11)

559

1

7

39

572

Net trading income40

202

341

2,360

128

20

39

3,090

Changes in fair value of long-term debt issued and related derivatives

−

−

−

−

5

−

5

Net income/(expense) from other financial instruments designatedat fair value

(329)

(30)

10

−

14

−

(335)

Net income/(expense) from financial instruments designated at fair value

(329)

(30)

10

−

19

−

(330)

Gains less losses from financial investments

35

23

117

−

1,384

−

1,559

Dividend income

2

−

1

−

25

−

28

Net insurance premium income /(expense)

6,006

780

−

−

(2)

−

6,784

Other operating income

659

149

146

2

2,878

(1,116)

2,718

Total operating income

14,646

6,342

7,311

615

4,267

(1,116)

32,065

Net insurance claims45

(5,925)

(837)

−

−

−

−

(6,762)

Net operating income1

8,721

5,505

7,311

615

4,267

(1,116)

25,303

Loan impairment (charges)/recoveries and other credit risk provisions 

(307)

(425)

40

−

(1)

−

(693)

Net operating income

8,414

5,080

7,351

615

4,266

(1,116)

24,610

Total operating expenses

(4,320)

(2,020)

(2,719)

(363)

(2,583)

1,116

(10,889)

Operating profit

4,094

3,060

4,632

252

1,683

−

13,721

Share of profit in associatesand joint ventures

292

1,448

302

−

−

−

2,042

Profit before tax

4,386

4,508

4,934

252

1,683

−

15,763

%

%

%

%

%

%

Share of HSBC's profit before tax

23.2

23.9

26.2

1.3

8.9

83.5

Cost efficiency ratio

49.5

36.7

37.2

59.0

60.5

43.0

Balance sheet data30

$m

$m

$m

$m

$m

$m

Loans and advances to customers (net)

117,807

130,513

93,007

13,144

1,904

356,375

Total assets

172,719

157,838

540,404

14,488

69,080

(64,782)

889,747

Customer accounts

303,536

165,202

100,998

28,685

199

598,620

2014

RetailBankingand WealthManagement$m

Commercial

Banking$m

GlobalBanking andMarkets$m

Global

PrivateBanking$m

Other

$m

Inter-segment

elimination44

$m

Total$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) excludingnet 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 income40

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 designatedat 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 claims45

(6,979)

(782)

−

−

−

−

(7,761)

Net operating income1

8,676

5,447

7,067

594

3,051

(1,158)

23,677

Loan impairment (charges)/recoveries and other credit risk 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 data30

$m

$m

$m

$m

$m

$m

Loans and advances to customers (net)

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 accounts

286,670

155,608

104,896

29,847

470

577,491