HSBC 2003 Annual Report Download - page 134

HSBC HOLDINGS PLC
Financial Review (continued)
132
Analysis of changes in net interest income
The following table allocates changes in net interest
income between volume and rate for 2003 compared
with 2002, and for 2002 compared with 2001.
Changes due to a combination of volume and rate are
allocated to rate.
2003 compared with 2002
Increase/(decrease)
2002 compared with 2001
Increase/(decrease)
Interest income 2003 Volume Rate 2002 Volume Rate 2001
US$m US$m US$m US$m US$m US$m US$m
Short-term funds and loans to banks
Europe HSBC Bank plc ...................... 657 208
(
146
)
595 165
(
373
)
803
HSBC Private Banking
Holdings (Suisse) S.A. ....... 75
(
55
)
(
14
)
144
(
233
)
(
111
)
488
CCF ........................................ 573 249
(
323
)
647 3
(
143
)
787
Hong Kong Hang Seng Bank ..................... 212
(
135
)
(
62
)
409
(
191
)
(
305
)
905
The Hongkong and Shanghai
Banking Corporation .......... 517 83
(
62
)
496
(
273
)
(
360
)
1,129
Rest of Asia-
Pacific
The Hongkong and Shanghai
Banking Corporation .......... 138 6
(
55
)
187 46
(
127
)
268
HSBC Bank Malaysia
Berhad................................. 17 4
(
2
)
15
(
26
)
(
2
)
43
HSBC Bank Middle East ........ 29 1
(
11
)
39 0
(
39
)
78
North America HSBC USA Inc ...................... 35
(
12
)
(
16
)
63
(
74
)
(
42
)
179
HSBC Bank Canada ............... 31 8
(
3
)
26
(
12
)
(
26
)
64
HSBC Markets Inc ................. 20
(
16
)
(
12
)
48 17
(
54
)
85
HSBC Mexico ........................ 214 287
(
105
)
32 32 – –
South America Brazilian operations ................ 242 29 36 177
(
38
)
9206
HSBC Bank Ar
g
entina S.A. ... 26
(
18
)
14
(
30
)
539
Other operations ................................................. 159
(
52
)
(
117
)
328
(
160
)
(
222
)
710
2,921 285
(
584
)
3,220
(
827
)
(
1,737
)
5,784
Loans and advances to customers
Europe HSBC Bank plc ...................... 6,739 1,375
(
501
)
5,865 1,041
(
1,232
)
6,056
HSBC Private Banking
Holdings (Suisse) S.A. ......... 79 14
(
16
)
81 8
(
39
)
112
CCF ........................................ 1,897 475
(
235
)
1,657 237
(
285
)
1,705
Household ............................. 671 671
–
–
–
–
–
Hong Kong Hang Seng Bank ..................... 938 12
(
157
)
1,083 9
(
614
)
1,688
The Hongkong and Shanghai
Banking Corporation ........... 1,517 109
(
305
)
1,713 119
(
730
)
2,324
Rest of Asia-
Pacific
The Hongkong and Shanghai
Banking Corporation ........... 1,457 320
(
147
)
1,284 170
(
237
)
1,351
HSBC Bank Malaysia
Berhad .................................. 266 20
(
5
)
251 26
(
17
)
242
HSBC Bank Middle East ........ 352 34
(
48
)
366 51
(
95
)
410
North America HSBC USA Inc. ..................... 2,256 88
(
251
)
2,419 182
(
578
)
2,815
Household ............................. 9,631 9,631
–
––– –
HSBC Bank Canada ............... 982 169
(
22
)
835 60
(
213
)
988
HSBC Markets Inc ................. 24
(
70
)
(
21
)
115 45
(
113
)
183
HSBC Mexico ........................ 862 915
(
155
)
102 102 – –
South America Brazilian operations ................ 1,044 125 98 821
(
105
)
30 896
HSBC Bank Argentina S.A. ... 103
(
28
)
(
130
)
261
(
216
)
106 371
Other operations ................................................. 627 173
(
217
)
671
(
13
)
(
61
)
745
29,445 13,240
(
1,319
)
17,524 2,038
(
4,400
)
19,886