HSBC 2002 Annual Report Download - page 326

HSBC HOLDINGS PLC
SEC 20-F Cross-Reference Sheet and Glossary (continued)
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Glossary of Terms
Terms Used US Equivalent or Brief Description
Accounts Financial Statements
Allotted Issued
Articles of Association Bylaws
Associates Long-term equity investments accounted for by the equity method
Attributable profit Net income
Balance sheet Statement of financial position
Bills Notes
Called-up share capital Ordinary shares, issued and fully paid
Capital allowances Tax depreciation allowances
Creditors Payables
Dealing Trading
Debtors Receivables
Deferred tax Deferred income tax
De-mutualising Process by which a mutual society is converted into a public limited
company
Depreciation Amortisation
Fees and commissions payable Fees and commissions expense
Fees and commissions receivable Fees and commissions income
Finance lease Capital lease
Freehold Ownership with absolute rights in perpetuity
Interest payable Interest expense
Interest receivable Interest income
Interests in associated undertakings Long-term equity investments accounted for by the equity method
Loans and advances Lendings
Loan capital Long-term debt
Memorandum items Contingencies and commitments; off-balance-sheet items
Nominal value Par value
One-off Non-recurring
Ordinary shares Common stock
Other participating interests Long-term equity investments accounted for by the cost method
Overdraft A line of credit, contractually repayable on demand unless a fixed-term
has been agreed, established through a customer’ s current account
Preference shares Preferred stock
Premises Real estate
Profit & loss account Income statement
Profit & loss account reserve Retained earnings
Provisions Allowances
Revaluation reserve Increase or temporary decrease in the valuation of certain assets as
compared with historical cost
Share capital Ordinary shares or common stock issued and fully paid
Shareholders’ funds Stockholders’ equity
Share premium account Additional paid-in capital
Shares in issue Shares outstanding
Tangible fixed assets Property and equipment
Undistributable reserves Restricted surplus
Write-offs Charge-offs