HSBC 2009 Annual Report Download - page 46

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Financial summary > Balance sheet > Reconciliation of assets and liabilities / Loans and advances and customer accounts
44
Reconciliation of reported and underlying assets and liabilities
31 December 2009 compared with 31 December 2008
HSBC
31 Dec 08
as
reported
US$m
Currency
translation31
US$m
31 Dec 08
at 31 Dec 09
exchange
rates
US$m
Underlying
change
US$m
31 Dec 09
as
reported
US$m
Reported
change
%
Under-
lying
change
%
Cash and balances at central banks .. 52,396 1,550 53,946 6,709 60,655 16 12
Trading assets ................................... 427,329 21,612 448,941 (27,560) 421,381 (1) (6)
Financial assets designated at fair
value ............................................. 28,533 2,636 31,169 6,012 37,181 30 19
Derivative assets ............................... 494,876 32,379 527,255 (276,369) 250,886 (49) (52)
Loans and advances to banks ........... 153,766 7,406 161,172 18,609 179,781 17 12
Loans and advances to customers .... 932,868 57,163 990,031 (93,800) 896,231 (4) (9)
Financial investments ....................... 300,235 14,748 314,983 54,175 369,158 23 17
Other assets ....................................... 137,462 1,807 139,269 9,910 149,179 9 7
Total assets ....................................... 2,527,465 139,301 2,666,766 (302,314) 2,364,452 (6) (11)
Deposits by banks ............................. 130,084 8,426 138,510 (13,638) 124,872 (4) (10)
Customer accounts ............................ 1,115,327 64,478 1,179,805 (20,771) 1,159,034 4 (2)
Trading liabilities .............................. 247,652 12,714 260,366 7,764 268,130 8 3
Financial liabilities designated at
fair value ....................................... 74,587 2,709 77,296 2,796 80,092 7 4
Derivative liabilities ......................... 487,060 31,722 518,782 (271,136) 247,646 (49) (52)
Debt securities in issue ..................... 179,693 8,005 187,698 (40,802) 146,896 (18) (22)
Liabilities under insurance
contracts ........................................ 43,683 1,763 45,446 8,261 53,707 23 18
Other liabilities ................................. 149,150 5,144 154,294 (5,880) 148,414 – (4)
Total liabilities .................................. 2,427,236 134,961 2,562,197 (333,406) 2,228,791 (8) (13)
Total shareholders’ equity ................ 93,591 4,114 97,705 30,594 128,299 37 31
Minority interests .............................. 6,638 226 6,864 498 7,362 11 7
Total equity ....................................... 100,229 4,340 104,569 31,092 135,661 35 30
Total equity and liabilities ................ 2,527,465 139,301 2,666,766 (302,314) 2,364,452 (6) (11)
For footnote, see page 149.
In 2009, the effect of acquisitions was not material.