HSBC 2007 Annual Report Download - page 400

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
Notes 17 and 18
398
All of the above loans and advances to banks are graded satisfactorily by reference to the Group’s legacy credit risk
grading system.
Loans and advances to customers held for trading consist of:
2007 2006
US$m US$m
Reverse repos ..................................................................................................................................... 51,543 32,869
Stock borrowing ................................................................................................................................ 24,254 18,591
Settlement accounts ........................................................................................................................... 6,216 9,998
Other .................................................................................................................................................. 16,766 10,328
98,779 71,786
Of the above loans and advances to customers, US$97,492 million (2006: US$71,680 million) are rated satisfactorily,
US$343 million (2006: nil) as watch list and special mention, US$269 million (2006: US$62 million) as substandard
and US$675 million (2006: US$44 million) as impaired.
17 Financial assets designated at fair value
2007 2006
US$m US$m
Treasury and other eligible bills ........................................................................................................ 181 133
Debt securities ................................................................................................................................... 21,150 9,449
Equity securities ................................................................................................................................ 20,047 10,602
41,378 20,184
Loans and advances to banks ............................................................................................................ 178 236
Loans and advances to customers ..................................................................................................... 8 153
41,564 20,573
Securities designated at fair value
Market value
2007 2006
US$m US$m
US Treasury and US Government agencies ...................................................................................... 252 92
UK Government ................................................................................................................................. 788 1,359
Hong Kong Government ................................................................................................................... 314 216
Other government .............................................................................................................................. 4,427 2,131
Asset-backed securities ..................................................................................................................... 8,114 274
Corporate debt and other securities ................................................................................................... 7,436 5,510
Equities .............................................................................................................................................. 20,047 10,602
41,378 20,184
Included within the above figures are debt securities issued by banks and other financial institutions of US$14,401 million (2006:
US$2,438 million).
Treasury
and other
eligible bills
Debt
securities
Equity
securities Total
US$m US$m US$m US$m
Fair value at 31 December 2007
Listed on a recognised exchange1 ................................ 50 8,659 15,449 24,158
Unlisted ......................................................................... 131 12,491 4,598 17,220
181 21,150 20,047 41,378
Fair value at 31 December 2006
Listed on a recognised exchange1 ................................ 133 4,939 9,212 14,284
Unlisted ......................................................................... – 4,510 1,390 5,900
133 9,449 10,602 20,184
1 Included within listed investments are US$1,502 million of investments listed in Hong Kong (2006: US$1,014 million).