HSBC 2009 Annual Report Download - page 357

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Consolidated balance sheet at 31 December 2009
2009 2008
Notes US$m US$m
ASSETS
Cash and balances at central banks ............................................................................................. 60,655 52,396
Items in the course of collection from other banks ..................................................................... 6,395 6,003
Hong Kong Government certificates of indebtedness ................................................................ 17,463 15,358
Trading assets .............................................................................................................................. 16 421,381 427,329
Financial assets designated at fair value ..................................................................................... 17 37,181 28,533
Derivatives ................................................................................................................................... 18 250,886 494,876
Loans and advances to banks ...................................................................................................... 179,781 153,766
Loans and advances to customers ............................................................................................... 896,231 932,868
Financial investments .................................................................................................................. 19 369,158 300,235
Other assets .................................................................................................................................. 25 44,534 37,822
Current tax assets ......................................................................................................................... 2,937 2,552
Prepayments and accrued income ............................................................................................... 12,423 15,797
Interests in associates and joint ventures .................................................................................... 21 13,011 11,537
Goodwill and intangible assets .................................................................................................... 22 29,994 27,357
Property, plant and equipment ..................................................................................................... 23 13,802 14,025
Deferred tax assets ....................................................................................................................... 11 8,620 7,011
Total assets .................................................................................................................................. 2,364,452 2,527,465
LIABILITIES AND EQUITY
Liabilities
Hong Kong currency notes in circulation ................................................................................... 17,463 15,358
Deposits by banks ........................................................................................................................ 124,872 130,084
Customer accounts ....................................................................................................................... 1,159,034 1,115,327
Items in the course of transmission to other banks ..................................................................... 5,734 7,232
Trading liabilities ......................................................................................................................... 26 268,130 247,652
Financial liabilities designated at fair value ................................................................................ 27 80,092 74,587
Derivatives ................................................................................................................................... 18 247,646 487,060
Debt securities in issue ................................................................................................................ 28 146,896 179,693
Other liabilities ............................................................................................................................ 29 68,640 72,384
Current tax liabilities ................................................................................................................... 2,140 1,822
Liabilities under insurance contracts ........................................................................................... 30 53,707 43,683
Accruals and deferred income ..................................................................................................... 13,190 15,448
Provisions .................................................................................................................................... 31 1,965 1,730
Deferred tax liabilities ................................................................................................................. 11 1,837 1,855
Retirement benefit liabilities ....................................................................................................... 8 6,967 3,888
Subordinated liabilities ................................................................................................................ 32 30,478 29,433
Total liabilities ............................................................................................................................. 2,228,791 2,427,236
Equity
Called up share capital ................................................................................................................. 37 8,705 6,053
Share premium account ............................................................................................................... 8,413 8,463
Other equity instruments ............................................................................................................. 2,133 2,133
Other reserves .............................................................................................................................. 22,236 (3,747)
Retained earnings ........................................................................................................................ 86,812 80,689
Total shareholders’ equity ........................................................................................................... 128,299 93,591
Minority interests ......................................................................................................................... 36 7,362 6,638
Total equity .................................................................................................................................. 135,661 100,229
Total equity and liabilities ........................................................................................................... 2,364,452 2,527,465
The accompanying notes on pages 365 to 471, the audited sections of ‘Report of the Directors: Risk’ on pages 196 to 293, ‘Critical
accounting policies’ on pages 61 to 65 and the audited sections of ‘Report of the Directors: Impact of Market Turmoil’ on pages 151 to
195 form an integral part of these financial statements.
S K Green, Group Chairman