HSBC 2005 Annual Report Download - page 242

HSBC HOLDINGS PLC
Financial Statements (continued)
240
HSBC Holdings balance sheet at 31 December 2005
2005 2004
Notes US$m US$m
ASSETS
Cash at bank and in hand:
– balances with HSBC undertakings .................................................................................... 756 246
Derivatives ............................................................................................................................... 17 968 1,643
Loans and advances to HSBC undertakings ............................................................................. 32 14,092 16,636
Financial investments ............................................................................................................... 18 3,517 1,885
Investments in subsidiaries ....................................................................................................... 24 58,038 55,668
Property, plant and equipment ..................................................................................................23 12
Other assets .............................................................................................................................. 171 632
Prepayments and accrued income ............................................................................................. 19 5
Total assets ............................................................................................................................... 77,562 76,717
LIABILITIES AND EQUITY
Liabilities
Amounts owed to HSBC undertakings ..................................................................................... 32 4,075 7,352
Financial liabilities designated at fair value .............................................................................. 26 13,370 –
Derivatives ............................................................................................................................... 17 286 10
Other liabilities ......................................................................................................................... 28 1,203 1,198
Accruals and deferred income .................................................................................................. 95 172
Deferred tax .............................................................................................................................. 30 70 64
Subordinated liabilities ............................................................................................................. 31 5,236 17,812
Total liabilities .......................................................................................................................... 24,335 26,608
Equity
Called up share capital .............................................................................................................. 37 5,667 5,587
Share premium account ............................................................................................................ 6,896 4,881
Merger reserve and other reserves ............................................................................................ 28,942 28,942
Other reserves ........................................................................................................................... 2,221 1,740
Retained earnings ..................................................................................................................... 9,501 8,959
Total equity .............................................................................................................................. 53,227 50,109
Total equity and liabilities ........................................................................................................ 77,562 76,717
Sir John Bond, Group Chairman