HSBC 2003 Annual Report Download - page 237

235
2003 2002
1
Notes US$m US$m
LIABILITIES
Hong Kong currency notes in circulation ....................................................................... 13 10,987 9,445
Deposits by banks ........................................................................................................... 28 70,426 52,933
Customer accounts .......................................................................................................... 29 573,130 495,438
Items in the course of transmission to other banks .......................................................... 4,383 4,634
Debt securities in issue ................................................................................................... 30 153,562 34,965
Other liabilities ............................................................................................................... 31 94,669 72,090
Accruals and deferred income ........................................................................................ 13,760 7,574
Provisions for liabilities and charges 32
–deferred taxation ......................................................................................................... 1,670 1,154
–other provisions ........................................................................................................... 5,078 3,683
Subordinated liabilities 33
–undated loan capital ..................................................................................................... 3,617 3,540
– dated loan capital ........................................................................................................ 17,580 14,831
Minority interests
–equity .......................................................................................................................... 2,162 2,122
–non-equity ................................................................................................................... 34 8,719 4,431
Called up share capital .................................................................................................... 35 5,481 4,741
Share premium account .................................................................................................. 36 4,406 3,647
Own shares held reserve ................................................................................................. 36 (923
)
(646
)
Other reserves .................................................................................................................36 21,543 8,729
Revaluation reserves ....................................................................................................... 36 1,615 1,954
Profit and loss account .................................................................................................... 36 42,351 33,340
Shareholders’ funds ........................................................................................................ 74,473 51,765
Total liabilities ................................................................................................................ 1,034,216 758,605
MEMORANDUM ITEMS
Contingent liabilities ....................................................................................................... 39
–acceptances and endorsements .................................................................................... 5,412 4,711
–guarantees and assets pledged as collateral security..................................................... 54,439 46,527
–other contingent liabilities ........................................................................................... 29 17
59,880 51,255
Commitments ................................................................................................................. 39 428,764 225,629
Sir John Bond, Group Chairman
The accompanying notes are an integral part of the Consolidated Financial Statements.
1Figures for 2002 have been restated to reflect the adoption of UITF Abstracts 37 ‘Purchases and sales of own shares’, and 38
‘Accounting for ESOP trusts’, details of which are set out in Note 1 in the ‘Notes on the Financial Statements’ on pages 239 to 240.