HSBC 2004 Annual Report Download - page 125

123
Average balance sheet and net
interest income
Average balances and the related interest are shown
for the domestic operations of HSBC’ s principal
commercial banks by geographic region with all
other commercial banking and investment banking
balances and transactions included in ‘Other
operations’ . Additional information on the basis of
preparation is set out in the notes on page 130.
Year ended 31 December
2004 2003 2002
Assets
Average
balance
Interest
income Yield
Average
balance
Interest
income Yield
Average
balance
Interest
income Yield
US$m US$m % US$m US$m % US$m US$m %
Short-term funds and loans to banks
Europe HSBC Bank ..................... 24,308 672 2.76 22,534 657 2.92 16,691 595 3.56
HSBC Private Banking
Holdings (Suisse) ........ 2,644 89 3.37 3,394 75 2.21 5,500 144 2.62
CCF .................................. 26,008 960 3.69 17,519 573 3.27 12,650 647 5.11
Hong Kong Hang Seng Bank ............... 8,259 219 2.65 10,172 212 2.08 15,205 409 2.69
The Hongkong and
Shanghai Banking
Corporation .................. 28,172 538 1.91 20,735 517 2.49 17,776 496 2.79
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation .................. 9,180 198 2.16 6,893 138 2.00 6,686 187 2.80
HSBC Bank Malaysia ....... 1,348 36 2.67 693 17 2.45 547 15 2.74
HSBC Bank Middle East .. 1,619 29 1.79 1,925 29 1.51 1,857 39 2.10
North America HSBC Bank USA ............. 2,323 56 2.41 1,808 35 1.94 2,248 63 2.80
HSBC Bank Canada ......... 2,162 45 2.08 1,711 31 1.81 1,291 26 2.01
HSBC Markets Inc ........... 7,807 91 1.17 2,535 20 0.79 3,756 48 1.28
HSBC Mexico1 ................. 3,771 227 6.02 4,199 214 5.10 421 32 7.60
South America Brazilian operations........... 1,954 237 12.13 1,237 242 19.56 1,065 177 16.62
HSBC Bank Argentina ..... 250 3 1.20 231 2 0.87 164 14 8.54
Other operations .......................................... 11,201 237 2.12 7,206 159 2.21 8,577 328 3.82
131,006 3,637 2.78 102,792 2,921 2.84 94,434 3,220 3.41
Loans and advances to customers
Europe HSBC Bank ...................... 168,175 9,298 5.53 130,178 6,739 5.18 105,456 5,865 5.56
HSBC Private Banking
Holdings (Suisse) ........ 4,700 115 2.45 3,385 79 2.33 2,881 81 2.81
CCF .................................. 42,149 1,892 4.49 37,456 1,897 5.06 29,111 1,657 5.69
HSBC Finance
Corporation1.................. 9,310 1,055 11.33 5,934 671 11.31 – – –
Hong Kong Hang Seng Bank ............... 31,234 882 2.82 29,138 938 3.22 28,820 1,083 3.76
The Hongkong and
Shanghai Banking
Corporation .................. 41,906 1,406 3.36 41,517 1,517 3.65 39,040 1,713 4.39
Rest of Asia-
Pacific
The Hongkong and
Shanghai Banking
Corporation .................. 37,068 1,838 4.96 28,594 1,457 5.10 22,898 1,284 5.61
HSBC Bank Malaysia ....... 4,937 279 5.65 4,567 266 5.82 4,237 251 5.92
HSBC Bank Middle East .. 7,421 418 5.63 5,725 352 6.15 5,243 366 6.98
North America HSBC Bank USA ............. 61,659 2,936 4.76 45,727 2,256 4.93 44,130 2,419 5.48
HSBC Finance
Corporation1 .................. 114,461 13,146 11.49 81,973 9,631 11.75 – – –
HSBC Bank Canada ......... 22,603 1,099 4.86 18,791 982 5.23 15,631 835 5.34
HSBC Markets Inc ........... 9,170 126 1.37 3,515 24 0.68 8,975 115 1.28
HSBC Mexico1 ................. 8,095 878 10.85 9,103 862 9.47 913 102 11.17
South America Brazilian operations........... 4,758 1,569 32.98 2,930 1,044 35.63 2,542 821 32.30
HSBC Bank Argentina ..... 905 101 11.16 792 103 13.01 889 261 29.36
Other operations .......................................... 20,400 864 4.24 20,284 627 3.09 16,118 671 4.16
588,951 37,902 6.44 469,609 29,445 6.27 326,884 17,524 5.36
1 Yields annualised on the basis of the period of ownership in the year of acquisition.