HSBC 2009 Annual Report Download - page 235

233
Movement in impairment allowances by industry sector
(Audited)
2009 2008 2007 2006 2005
US$m US$m US$m US$m US$m
Impairment allowances at 1 January ........................................... 23,972 19,212 13,585 11,366 12,559
Amounts written off .................................................................... (24,840) (17,955) (12,844) (9,473) (9,043)
Personal2 .................................................................................. (22,703) (16,625) (11,670) (8,281) (8,046)
– residential mortgages2 ...................................................... (4,704) (2,110) (930) (628) (508)
– other personal2 .................................................................. (17,999) (14,515) (10,740) (7,653) (7,538)
Corporate and commercial ...................................................... (1,984) (1,294) (1,163) (1,153) (984)
– commercial, industrial and international trade ................ (1,093) (789) (897) (782) (673)
– commercial real estate and other property-related .......... (327) (115) (98) (111) (117)
– other commercial ............................................................. (564) (390) (168) (260) (194)
Financial33 ................................................................................ (153) (36) (11) (39) (13)
Recoveries of amounts written off in previous years................... 890 834 1,005 779 494
Personal ................................................................................... 712 686 837 605 320
– residential mortgages ....................................................... 61 19 19 19 18
– other personal ................................................................... 651 667 818 586 302
Corporate and commercial ...................................................... 170 142 157 163 174
– commercial, industrial and international trade ................ 123 76 74 88 76
– commercial real estate and other property-related .......... 96 29 21 9
– other commercial ............................................................. 38 60 54 54 89
Financial33 ................................................................................ 8 6 11 11 –
Charge to income statement34 ...................................................... 24,942 24,131 17,177 10,547 7,860
Personal ................................................................................... 19,781 20,950 15,968 9,929 7,249
– residential mortgages ....................................................... 4,185 5,000 1,840 1,096 605
– other personal ................................................................... 15,596 15,950 14,128 8,833 6,644
Corporate and commercial ...................................................... 4,711 2,879 1,176 664 618
– commercial, industrial and international trade ................ 2,392 1,573 897 503 588
– commercial real estate and other property-related .......... 1,492 755 152 75 56
– other commercial ............................................................. 827 551 127 86 (26)
Financial33 ................................................................................ 450 302 36 (9) (13)
Governments ........................................................................... – – (3) (37) 6
Exchange and other movements .................................................. 685 (2,250) 289 366 (504)
Impairment allowances at 31 December8 ................................ 25,649 23,972 19,212 13,585 11,366
Impairment allowances against banks:
– individually assessed ............................................................ 107 63 7 7 9
Impairment allowances against customers:
– individually assessed ............................................................ 6,494 3,284 2,699 2,565 2,683
– collectively assessed8 ........................................................... 19,048 20,625 16,506 11,013 8,674
Impairment allowances at 31 December8 .................................... 25,649 23,972 19,212 13,585 11,366
% % % % %
Impairment allowances against customers as a percentage of
loans and advances to customers:
– individually assessed ............................................................ 0.70
0.34 0.27 0.29 0.36
– collectively assessed ............................................................. 2.07
2.16 1.65 1.25 1.16
At 31 December ........................................................................... 2.77
2.50 1.92 1.54 1.52
For footnotes, see page 291.