HSBC 2001 Annual Report Download - page 237

235
42 Changes in financing during the year
Subordinate
d
loan capita
l
Preference
shares*
Ordinary
shares Share premium
US$m US$m US$m US$m
Balance at 1 January 2001 ................................ 16,222 5,171 4,634 3,305
Shares issued in lieu of dividends.....................
–
–37(37)
Acquisition of subsidiaries ............................... 24 – –
–
Issued during the year ....................................... 456
–
7 105
Repaid during the year ...................................... (965) (825)
–
–
Net cash (outflow)/inflow from financing ........ (509) (825) 7 105
Exchange and other movements........................ (257) (55) –
–
Balance as at 31 December 2001 .................... 15,480 4,291 4,678 3,373
Balance at 1 January 2000 ................................ 15,423 1,583 4,230 2,882
Shares issued in lieu of dividends.....................
–
–38(38)
Acquisition of subsidiaries ............................... 860 – –
–
Shares issued on the acquisition of CCF..........
–
– 339
–
Issued during the year ....................................... 948 3,626 13 151
Costs incurred with share issue.........................
–
–
–
–
Repaid during the year ...................................... (708)
–
–
–
Own shares acquired by employee share
ownership trust†............................................
–
–
(20) (536)
Net cash inflow/(outflow) from financing ........ 240 3,626 (7) (385)
Capitalised on issue of shares to QUEST..........
–
– 14 309
Own shares acquired by employee share
Ownership trust†............................................
–
– 20 536
Exchange and other movements........................ (301) (38) – 1
Balance as at 31 December 2000 ...................... 16,222 5,171 4,634 3,305
*Preference shares in issue are in subsidiary undertakings (Note 34).
†See Note 26(a).