HSBC 2003 Annual Report Download - page 267

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The total of customer advances, net of suspended interest, on which interest is being placed in suspense, is as
follows:
2003 2002 2001
US$m US$m US$m
Gross..................................................................................................................... 5,513 5,485 6,022
Net of specific provisions ..................................................................................... 2,673 2,780 2,936
18 Concentrations of exposure
HSBC has the following concentrations of gross loans and advances to customers:
Europe
Hong
Kong
Rest of
Asia-
Pacific
North
America
South
America Total
US$m US$m US$m US$m US$m US$m
Total gross loans and advances to customers
Residential mortgages ........................................ 51,721 23,664 12,101 77,754 224 165,464
Hong Kong Government Home Ownership
Scheme .......................................................... –6,290 – – –6,290
Other personal .................................................... 42,041 7,420 7,135 75,173 2,376 134,145
Total personal .................................................... 93,762 37,374 19,236 152,927 2,600 305,899
Commercial, industrial and international trade .. 49,468 10,966 14,892 8,907 1,435 85,668
Commercial real estate ....................................... 15,517 8,548 3,149 7,785 89 35,088
Other property related ........................................ 5,416 5,075 2,597 3,994 58 17,140
Government ....................................................... 2,462 927 1,450 4,104 647 9,590
Other commercial1 .............................................. 24,239 6,754 5,735 6,619 683 44,030
Total corporate and commercial ......................... 97,102 32,270 27,823 31,409 2,912 191,516
Non-bank financial institutions .......................... 21,226 4,921 2,027 8,839 78 37,091
Settlement accounts ........................................... 3,068 556 188 4,767 15 8,594
Total financial .................................................... 24,294 5,477 2,215 13,606 93 45,685
At 31 December 2003 ....................................... 215,158 75,121 49,274 197,942 5,605 543,100
Residential mortgages ........................................ 38,719 23,839 7,507 26,666 253 96,984
Hong Kong Government Home
Ownership Scheme ........................................ – 7,255 – – – 7,255
Other personal .................................................... 26,748 7,066 5,900 7,836 1,012 48,562
Total personal .................................................... 65,467 38,160 13,407 34,502 1,265 152,801
Commercial, industrial and international trade .. 44,424 10,173 12,582 10,773 1,063 79,015
Commercial real estate ....................................... 11,887 8,336 2,701 6,297 46 29,267
Other property related ........................................ 3,970 4,805 2,031 4,515 26 15,347
Government ....................................................... 2,164 719 933 4,575 562 8,953
Other commercial1 .............................................. 22,712 6,612 5,950 4,835 565 40,674
Total corporate and commercial ......................... 85,157 30,645 24,197 30,995 2,262 173,256
Non-bank financial institutions .......................... 15,221 2,055 931 9,231 49 27,487
Settlement accounts ........................................... 2,622 347 192 5,224 – 8,385
Total financial .................................................... 17,843 2,402 1,123 14,455 49 35,872
At 31 December 2002 ........................................ 168,467 71,207 38,727 79,952 3,576 361,929
1 Other commercial includes advances in respect of agriculture, transport, energy and utilities.
The geographical information shown above has been classified by the location of the principal operations of the
subsidiary undertaking, or in the case of The Hongkong and Shanghai Banking Corporation Limited, HSBC Bank
plc, HSBC Bank Middle East Limited and HSBC Bank USA, by location of the branch responsible for advancing
the funds.