HSBC 2005 Annual Report Download - page 362

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
Reconciliation of consolidated balance sheets at 31 December 2004 and 1 January 2005 (continued)
Effect of adopting IAS 32, IAS 39 and IFRS 4
IFRSs at
31 December
2004
Derivatives
and hedge
accounting
Investment
securities
Fair value
option
Fee and
commission
income
Non-equity
reclassi-
fication
Loan
impairment Insurance Offsetting
Reclassi-
fications Other Total
IFRSs at
1 January
2005
US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m
Total liabilities ....... 1,180,777 1,044 342 1,768 52 10,114 (5) (168) 87,772 – (2,302) 98,617 1,279,394
Equity Called up share
capital ................. 5,587 – – – – – – – – – – – 5,587
Share premium
account ............... 4,881 – – – – – – – – – – – 4,881
Other reserves ......... 25,622 410 1,919 52 – – – – – (16) 650 3,015 28,637 Retained earnings ... 49,432 (469) 107 (864) (151) – 138 (192) – 16 (347) (1,762) 47,670
Total shareholders’
equity ................. 85,522 (59) 2,026 (812) (151) – 138 (192) – – 303 1,253 86,775
Minority interests ... 13,675 – 81 – – (10,114) – – – – (44) (10,077) 3,598
Total equity ............ 99,197 (59) 2,107 (812) (151) (10,114) 138 (192) – – 259 (8,824) 90,373 Total equity and
liabilities ............ 1,279,974 985 2,449 956 (99) – 133 (360) 87,772 – (2,043) 89,793 1,369,767
1Liabilities to policyholders under long-term assurance business
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