HSBC 2002 Annual Report Download - page 195

193
Statement of total consolidated recognised gains and losses for the year ended 31 December 2002
2002 2001* 2000*
US$m US$m US$m
Profit for the financial year attributable to shareholders.............. 6,239 4,992 6,457
Unrealised (deficit)/surplus on revaluation of investment
properties:
– subsidiaries............................................................................... (22) (18) 6
– associates.................................................................................. (1 ) (5) 8
Unrealised (deficit)/surplus on revaluation of land and
buildings (excluding investment properties):
– subsidiaries............................................................................... (297) (227) 357
– associates.................................................................................. ––4
Exchange and other movements................................................... 3,781 (1,242) (1,064)
Total recognised gains and losses for the year ............................. 9,700 3,500 5,768
Prior period adjustment (as explained in Note 1) ........................ 409
Total gains and losses since last annual report............................. 10,109
Reconciliation of movements in consolidated shareholders’ funds for the year ended 31 December
2002
2002 2001* 2000*
US$m US$m US$m
Profit for the financial year attributable to shareholders.............. 6,239 4,992 6,457
Dividends..................................................................................... (5,001) (4,467) (4,010)
1,238 525 2,447
Other recognised gains and losses relating to the year ................ 3,461 (1,492) (689)
New share capital subscribed, net of costs................................... 337 112 488
New share capital issued in connection with the acquisition of
CCF .......................................................................................... ––
8,629
Reserve in respect of obligations under CCF share options......... (41) (16) 496
Amounts arising on shares issued in lieu of dividends ................ 1,023 866 944
Capitalised reserves arising on issue of shares to a qualifying
employee share ownership trust (‘QUEST’ ) ............................ ––(324)
Net addition to shareholders’ funds ............................................. 6,018 (5) 11,991
Shareholders’ funds at 1 January as reported............................... 45,979 45,570 33,408
Prior period adjustment (as explained in Note 1)......................... 409 823 994
Shareholders’ funds at 1 January ................................................. 46,388 46,393 34,402
Shareholders’ funds at 31 December ........................................... 52,406 46,388 46,393
No note of historical cost profits and losses has been presented as there is no material difference between HSBC’s results as disclosed in
the consolidated profit and loss account and the results on an unmodified historical cost basis.
The accompanying notes are an integral part of the Consolidated Financial Statements.
* Figures for 2001 and 2000 have been restated to reflect the adoption of UK Financial Reporting Standard 19 ‘Deferred Tax’, details
of which are set out in Note 1 on the Financial Statements on pages 195 to 197.