HSBC 2004 Annual Report Download - page 241

239
2004 2003
Notes US$m US$m
LIABILITIES
Hong Kong currency notes in circulation .......................................................................... 12 11,878 10,987
Deposits by banks ............................................................................................................. 27 83,539 70,426
Customer accounts ............................................................................................................ 28 693,751 573,130
Items in the course of transmission to other banks ............................................................ 5,301 4,383
Debt securities in issue ...................................................................................................... 29 208,593 153,562
Other liabilities .................................................................................................................. 30 123,315 94,669
Accruals and deferred income ........................................................................................... 16,500 13,760
Provisions for liabilities and charges 31
–deferred taxation ........................................................................................................... 2,066 1,670
–other provisions ............................................................................................................. 5,532 5,078
Subordinated liabilities 32
–undated loan capital ...................................................................................................... 3,686 3,617
– dated loan capital .......................................................................................................... 22,800 17,580
Minority interests
–equity ............................................................................................................................ 2,476 2,162
–non-equity .....................................................................................................................33 10,718 8,719
Called up share capital ...................................................................................................... 34 5,587 5,481
Share premium account ..................................................................................................... 35 4,881 4,406
Other reserves ................................................................................................................... 35 21,457 21,543
Revaluation reserves ......................................................................................................... 35 2,660 1,615
Profit and loss account ...................................................................................................... 35 52,038 41,428
Shareholders’ funds ........................................................................................................... 86,623 74,473
Total liabilities .................................................................................................................. 1,276,778 1,034,216
MEMORANDUM ITEMS
Contingent liabilities .........................................................................................................38
–acceptances and endorsements ....................................................................................... 7,214 5,412
–guarantees and assets pledged as collateral security ....................................................... 64,921 54,439
–other contingent liabilities .............................................................................................. 57 29
72,192 59,880
Commitments ....................................................................................................................38 567,696 428,764
Sir John Bond, Group Chairman
The accompanying notes are an integral part of the Consolidated Financial Statements.