HSBC 2001 Annual Report Download - page 4

HSBC HOLDINGS PLC
Financial Highlights (continued)
2
2001 2000
Performance ratios % %
On a cash basis
Return on invested capital*.............................................................. 12.1 16.4
Return on net tangible equity†......................................................... 19.5 24.0
Post-tax return on average tangible assets........................................ 1.06 1.33
Post-tax return on average risk-weighted assets .............................. 1.86 2.26
Reported earnings – after goodwill amortisation
Return on average shareholders’ funds............................................ 11.4 16.5
Post-tax return on average assets .................................................... 0.92 1.24
Post-tax return on average risk-weighted assets .............................. 1.65 2.11
Efficiency and revenue mix ratios
Cost:income ratio (excluding goodwill amortisation)...................... 56.4 55.3
As a percentage of total operating income:
– net interest income ..................................................................... 56.9 55.8
– other operating income .............................................................. 43.1 44.2
– net fees and commissions........................................................... 28.9 29.8
– dealing profits ............................................................................ 6.5 6.6
Capital ratios
– tier 1 capital ............................................................................... 9.0 9.0
– total capital................................................................................. 13.0 13.3
*See page 48 for definition.
†Cash basis attributable profit divided by average shareholders’ funds after deduction of average purchased goodwill.