HSBC 2001 Annual Report Download - page 164

HSBC HOLDINGS PLC
Financial Statements (continued)
162
HSBC Holdings balance sheet at 31 December 2001
Note 2001 2000
US$m US$m
FIXED ASSETS
Tangible assets............................................................................................ 25 710
Investments 26
– shares in HSBC undertakings.................................................................. 49,353 46,395
– loans to HSBC undertakings ................................................................... 4,172 5,406
– other investments other than loans .......................................................... 441 289
– own shares............................................................................................... 555 564
54,528 52,664
CURRENT ASSETS
Debtors
– money market deposits with HSBC undertakings ................................... 2,685 2,650
– other amounts owed by HSBC undertakings........................................... 1,794 1,090
– amounts owed by HSBC undertakings (falling due after more than
1 year)...................................................................................................... 301 90
– other debtors............................................................................................ 833
4,788 3,863
Cash at bank and in hand
– balances with HSBC undertakings .......................................................... 728 751
5,516 4,614
CREDITORS: amounts falling due within 1 year
Amounts owed to HSBC undertakings ....................................................... (973) (1,714)
Other creditors ............................................................................................ (184) (216)
Subordinated liabilities ............................................................................... 33 (599)
–
Proposed dividend ...................................................................................... 10 (2,700) (2,627)
(4,456) (4,557)
NET CURRENT ASSETS........................................................................ 1,060 57
TOTAL ASSETS LESS CURRENT LIABILITIES.............................. 55,588 52,721
CREDITORS: amounts falling due after more than 1 year
Subordinated liabilities
– owed to third parties................................................................................ 33 (2,221) (2,860)
– owed to HSBC undertakings ................................................................... (3,856) (3,903)
Amounts owed to HSBC undertakings ....................................................... (3,434) (215)
PROVISIONS FOR LIABILITIES AND CHARGES...........................
Deferred taxation ........................................................................................ 32 (98 ) (173)
NET ASSETS ............................................................................................ 45,979 45,570
CAPITAL AND RESERVES
Called up share capital................................................................................ 35 4,678 4,634
Share premium account............................................................................... 36 3,373 3,305
Revaluation reserve..................................................................................... 36 32,172 31,652
Reserve in respect of obligations under CCF share options........................ 36 480 496
Profit and loss account................................................................................ 36 5,276 5,483
45,979 45,570
Sir John Bond, Group Chairman.
The accompanying notes are an integral part of the Financial Statements.