Last checked at 20 Mar 2015 16:35
Profit/(loss) before tax and balance sheet data - Latin America
2014 | ||||||||||||||
Retail Bankingand WealthManagementUS$m |
| Commercial BankingUS$m |
| GlobalBanking andMarketsUS$m |
| Global PrivateBankingUS$m |
| Other US$m |
| Inter-segment elimination55 US$m |
| TotalUS$m | ||
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Profit/(loss) before tax | ||||||||||||||
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Net interest income | 3,323 |
| 1,529 |
| 490 |
| 19 |
| 9 |
| (60) |
| 5,310 | |
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Net fee income | 771 |
| 469 |
| 147 |
| 28 |
| − |
| − |
| 1,415 | |
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Trading income/(expense) excluding net interest income | 123 |
| 103 |
| 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)50 | 124 |
| 107 |
| 565 |
| 3 |
| (3) |
| 60 |
| 856 | |
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Changes in fair value of long-term debt issued and relatedderivatives | − |
| − |
| − |
| − |
| − |
| − |
| − | |
Net income from other financial instruments designated atfair value | 516 |
| 175 |
| − |
| − |
| − |
| − |
| 691 | |
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Net income from financialinstruments designated atfair value | 516 |
| 175 |
| − |
| − |
| − |
| − |
| 691 | |
Gains less losses from financial investments | − |
| − |
| 84 |
| − |
| − |
| − |
| 84 | |
Dividend income | 6 |
| 2 |
| 1 |
| − |
| − |
| − |
| 9 | |
Net insurance premium income | 1,233 |
| 285 |
| 5 |
| − |
| − |
| − |
| 1,523 | |
Other operating income | 54 |
| 47 |
| 19 |
| − |
| 213 |
| (184) |
| 149 | |
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Total operating income | 6,027 |
| 2,614 |
| 1,311 |
| 50 |
| 219 |
| (184) |
| 10,037 | |
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Net insurance claims56 | (1,410) |
| (352) |
| (3) |
| − |
| − |
| − |
| (1,765) | |
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Net operating income4 | 4,617 |
| 2,262 |
| 1,308 |
| 50 |
| 219 |
| (184) |
| 8,272 | |
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Loan impairment (charges)/ recoveries and other credit risk provisions | (1,091) |
| (776) |
| (252) |
| (5) |
| − |
| − |
| (2,124) | |
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Net operating income | 3,526 |
| 1,486 |
| 1,056 |
| 45 |
| 219 |
| (184) |
| 6,148 | |
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Total operating expenses | (3,616) |
| (1,549) |
| (606) |
| (49) |
| (296) |
| 184 |
| (5,932) | |
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Operating profit/(loss) | (90) |
| (63) |
| 450 |
| (4) |
| (77) |
| − |
| 216 | |
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Share of profit in associates and joint ventures | − |
| − |
| − |
| − |
| − |
| − |
| − | |
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Profit/(loss) before tax | (90) |
| (63) |
| 450 |
| (4) |
| (77) |
| − |
| 216 | |
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| % |
| % |
| % |
| % |
| % |
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| % | |
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Share of HSBC's profit before tax | (0.5) |
| (0.3) |
| 2.4 |
| − |
| (0.5) |
|
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| 1.1 | |
Cost efficiency ratio | 78.3 |
| 68.5 |
| 46.3 |
| 98.0 |
| 135.2 |
|
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| 71.7 | |
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Balance sheet data40 | ||||||||||||||
| US$m |
| US$m |
| US$m |
| US$m |
| US$m |
|
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| US$m | |
Loans and advances to customers (net)27 | 12,306 |
| 20,078 |
| 10,642 |
| 96 |
| - |
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| 43,122 | |
Total assets | 29,074 |
| 29,851 |
| 55,827 |
| 298 |
| 1,155 |
| (851) |
| 115,354 | |
Customer accounts27 | 23,056 |
| 15,125 |
| 8,219 |
| 2,188 |
| − |
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| 48,588 | |
2013 | ||||||||||||||
| Retail Bankingand WealthManagementUS$m |
| Commercial BankingUS$m |
| GlobalBanking andMarketsUS$m |
| Global PrivateBankingUS$m |
| Other US$m |
| Inter-segment elimination55 US$m |
| TotalUS$m | |
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Profit/(loss) before tax |
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Net interest income/(expense) | 3,776 |
| 1,828 |
| 775 |
| 24 |
| (12) |
| (205) |
| 6,186 | |
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Net fee income | 952 |
| 548 |
| 168 |
| 32 |
| 1 |
| − |
| 1,701 | |
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Trading income/(expense) excluding net interest income | 138 |
| 117 |
| 456 |
| 4 |
| (4) |
| − |
| 711 | |
Net interest income on trading activities | − |
| − |
| 20 |
| − |
| − |
| 205 |
| 225 | |
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Net trading income/(expense)50 | 138 |
| 117 |
| 476 |
| 4 |
| (4) |
| 205 |
| 936 | |
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Changes in fair value of long-term debt issued and related derivatives | − |
| − |
| − |
| − |
| − |
| − |
| − | |
Net income from other financial instruments designated atfair value | 264 |
| 61 |
| 1 |
| − |
| − |
| − |
| 326 | |
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Net income from financialinstruments designated atfair value | 264 |
| 61 |
| 1 |
| − |
| − |
| − |
| 326 | |
Gains less losses from financial investments | − |
| 1 |
| 81 |
| − |
| − |
| − |
| 82 | |
Dividend income | 5 |
| 3 |
| 1 |
| − |
| − |
| − |
| 9 | |
Net insurance premium income | 1,464 |
| 360 |
| 6 |
| − |
| − |
| − |
| 1,830 | |
Other operating income | 312 |
| 485 |
| 310 |
| 1 |
| 196 |
| (189) |
| 1,115 | |
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Total operating income | 6,911 |
| 3,403 |
| 1,818 |
| 61 |
| 181 |
| (189) |
| 12,185 | |
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Net insurance claims56 | (1,323) |
| (291) |
| (3) |
| − |
| − |
| − |
| (1,617) | |
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Net operating income4 | 5,588 |
| 3,112 |
| 1,815 |
| 61 |
| 181 |
| (189) |
| 10,568 | |
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Loan impairment charges and other credit risk provisions | (1,552) |
| (1,062) |
| (52) |
| − |
| − |
| − |
| (2,666) | |
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Net operating income | 4,036 |
| 2,050 |
| 1,763 |
| 61 |
| 181 |
| (189) |
| 7,902 | |
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Total operating expenses | (3,610) |
| (1,586) |
| (596) |
| (60) |
| (267) |
| 189 |
| (5,930) | |
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Operating profit/(loss) | 426 |
| 464 |
| 1,167 |
| 1 |
| (86) |
| − |
| 1,972 | |
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Share of profit in associates and joint ventures | − |
| − |
| − |
| − |
| − |
| − |
| − | |
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Profit/(loss) before tax | 426 |
| 464 |
| 1,167 |
| 1 |
| (86) |
| − |
| 1,972 | |
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| % |
| % |
| % |
| % |
| % |
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| % | |
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Share of HSBC's profit before tax | 1.9 |
| 2.0 |
| 5.2 |
| − |
| (0.4) |
|
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| 8.7 | |
Cost efficiency ratio | 64.6 |
| 51.0 |
| 32.8 |
| 98.4 |
| 147.5 |
|
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| 56.1 | |
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Balance sheet data40 |
|
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| US$m |
| US$m |
| US$m |
| US$m |
| US$m |
|
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| US$m | |
Loans and advances to customers (net)27 | 13,616 |
| 19,923 |
| 10,304 |
| 75 |
| − |
|
|
| 43,918 | |
Total assets | 30,584 |
| 30,001 |
| 52,977 |
| 337 |
| 634 |
| (534) |
| 113,999 | |
Customer accounts27 | 23,943 |
| 16,593 |
| 8,994 |
| 1,859 |
| − |
|
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| 51,389 | |
For footnotes, see page 109.