HSBC 2008 Annual Report Download - page 271

269
Neither past due nor impaired
Strong Medium
Sub-
standard
Total
US$m US$m US$m US$m
At 31 December 2007
Supporting liabilities under non-linked insurance and investment contracts
Trading assets – debt securities ....................................................................................... – 59 – 59
Financial assets designated at fair value ........................................................................ 2,748 967 – 3,715
– treasury and other eligible bills ............................................................................... – 96 – 96
– debt securities .......................................................................................................... 2,748 871 – 3,619
Financial investments ..................................................................................................... 19,352 1,575 14 20,941
– treasury and other similar bills ................................................................................ 290 14 – 304
– debt securities .......................................................................................................... 19,062 1,561 14 20,637
22,100 2,601 14 24,715
Supporting shareholders’ funds2
Trading assets – debt securities ....................................................................................... – 35 – 35
Financial assets designated at fair value ........................................................................ 1,833 473 – 2,306
– treasury and other eligible bills ............................................................................... – 34 – 34
– debt securities .......................................................................................................... 1,833 439 – 2,272
Financial investments ..................................................................................................... 2,537 233 5 2,775
– treasury and other similar bills ................................................................................ 290 7 5 302
– debt securities .......................................................................................................... 2,247 226 – 2,473
4,370 741 5 5,116
Total4
Trading assets – debt securities ....................................................................................... – 94 – 94
Financial assets designated at fair value ........................................................................ 4,581 1,440 – 6,021
– treasury and other eligible bills ............................................................................... – 130 – 130
– debt securities .......................................................................................................... 4,581 1,310 – 5,891
Financial investments ..................................................................................................... 21,889 1,808 19 23,716
– treasury and other similar bills ................................................................................ 580 21 5 606
– debt securities .......................................................................................................... 21,309 1,787 14 23,110
26,470 3,342 19 29,831
1 Impairment is not measured for debt securities held in trading portfolios or designated at fair value, as assets in such portfolios are
managed according to movements in fair value, and the fair value movement is taken directly through the income statement.
Consequently, all such balances are reported under ‘neither past due nor impaired’.
2 Shareholders’ funds comprise solvency and unencumbered assets.
3 Does not include treasury bills, other eligible bills and debt securities held by associated insurance company, Ping An Insurance, or
joint venture insurance companies, Hana Life and Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited.
4 Does not include treasury bills, other eligible bills and debt securities held by insurance manufacturing associate, Ping An Insurance.