HSBC 2009 Annual Report Download - page 161

159
Carrying amount of HSBC’s consolidated holdings of ABSs, and direct lending held at fair value through profit or loss
Trading
Available
for sale
Held to
maturity
Designated
at fair value
through
profit or loss
Loans and
receivables Total
Of which
held through
consolidated
SPEs
US$m US$m US$m US$m US$m US$m US$m
At 31 December 2009
Sub-prime residential
mortgage-related assets .......... 2,063 2,782 – – 837 5,682 3,213
Direct lending ......................... 1,439 – – – – 1,439 913
MBSs and MBS CDOs8 ......... 624 2,782 – – 837 4,243 2,300
US Alt-A residential
mortgage-related assets .......... 191 5,403 192 – 882 6,668 3,672
Direct lending ......................... 113 – – – – 113 –
MBSs8 ..................................... 78 5,403 192 – 882 6,555 3,672
US Government agency and
sponsored enterprises
mortgage-related assets
MBSs8 ..................................... 375 13,332 2,333 – – 16,040 322
Other residential mortgage-
related assets ........................... 1,646 4,582 – 335 1,401 7,964 3,160
Direct lending ......................... 452 – – – – 452 –
MBSs8 ..................................... 1,194 4,582 – 335 1,401 7,512 3,160
Commercial property mortgage-
related assets
MBSs and MBS CDOs8 ......... 414 7,535 – 103 2,143 10,195 5,730
Leveraged finance-related assets
ABSs and ABS CDOs8 ........... 555 5,150 – – 484 6,189 4,144
Student loan-related assets
ABSs and ABS CDOs8 ........... 141 4,948 – – 145 5,234 4,127
Other assets
ABSs and ABS CDOs8 ........... 2,302 4,329 – 6,025 1,987 14,643 2,696
7,687 48,061 2,525 6,463 7,879 72,615 27,064
At 31 December 2008
Sub-prime residential
mortgage-related assets .......... 3,372 3,741 – 1 453 7,567 4,230
Direct lending ......................... 2,789 – – – – 2,789 1,300
MBSs and MBS CDOs8 ......... 583 3,741 – 1 453 4,778 2,930
US Alt-A residential
mortgage-related assets .......... 618 5,829 185 – 1,056 7,688 3,831
Direct lending ......................... 246 – – – – 246 –
MBSs8 ..................................... 372 5,829 185 – 1,056 7,442 3,831
US Government agency and
sponsored enterprises
mortgage-related assets
MBSs8 ..................................... 1,127 20,312 2,412 51 – 23,902 441
Other residential mortgage-
related assets9 ......................... 1,633 4,272 – 31 1,413 7,349 2,822
Direct lending ......................... 677 – – – – 677 –
MBSs8 ..................................... 956 4,272 – 31 1,413 6,672 2,822
Commercial property mortgage-
related assets9
MBSs and MBS CDOs8 ......... 589 6,802 – 86 2,124 9,601 4,985
Leveraged finance-related assets
ABSs and ABS CDOs8 ........... 784 4,489 – – 204 5,477 3,667
Student loan-related assets
ABSs and ABS CDOs8 ........... 214 4,809 – 3 81 5,107 4,028
Other assets
ABSs and ABS CDOs8 ........... 3,068 5,957 – 6,371 2,660 18,056 3,941
11,405 56,211 2,597 6,543 7,991 84,747 27,945
For footnotes, see page 195.
The above table excludes leveraged finance transactions, which are shown separately on page 165.