HSBC 2009 Annual Report Download - page 51

49
Equity and liabilities
2009 2008 2007
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
US$m US$m % US$m US$m % US$m US$m %
Summary
Total interest-bearing liabilities (itemised
below) ..................................................... 1,353,283 21,366 1.58 1,451,842 48,738 3.36 1,279,460 54,564 4.26
Trading liabilities ........................................ 205,670 3,987 1.94 277,940 11,029 3.97 250,572 12,186 4.86
Financial liabilities designated at fair value
(excluding own debt issued) .................. 15,688 293 1.87 21,266 345 1.62 20,827 224 1.07
Non-interest bearing current accounts ........ 123,271 98,193 83,958
Total equity and other non-interest bearing
liabilities ................................................. 748,074 659,747 477,133
Total equity and liabilities .......................... 2,445,986 25,646 1.05 2,508,988 60,112 2.40 2,111,950 66,974 3.17
Deposits by banks35
Europe HSBC Bank ..................... 35,207 553 1.57 48,167 1,875 3.89 44,787 2,148 4.80
HSBC Private Banking
Holdings (Suisse) ........ 1,063 1 0.09 4,493 105 2.34 690 22 3.19
HSBC France .................. 43,682 536 1.23 37,851 1,672 4.42 30,816 1,358 4.41
Hong Kong Hang Seng Bank .............. 1,051 5 0.48 1,696 55 3.24 2,993 123 4.11
The Hongkong and
Shanghai Banking
Corporation ................. 6,892 9 0.13 3,665 70 1.91 3,634 150 4.13
Rest of Asia-
Pacific27
The Hongkong and
Shanghai Banking
Corporation ................. 10,710 165 1.54 16,232 450 2.77 10,247 445 4.34
HSBC Bank Malaysia ..... 110 2 1.82 338 10 2.96 375 12 3.20
Middle East27 HSBC Bank Middle East 773 9 1.16 1,680 29 1.73 672 32 4.76
North America HSBC Bank USA ............ 8,381 9 0.11 11,015 220 2.00 6,933 414 5.97
HSBC Bank Canada ........ 1,405 8 0.57 1,391 41 2.95 1,681 93 5.53
Latin America HSBC Mexico ................. 1,462 49 3.35 822 32 3.89 983 63 6.41
Brazilian operations34 ...... 3,292 241 7.32 2,790 190 6.81 1,549 106 6.84
HSBC Bank Panama ....... 908 26 2.86 1,016 43 4.23 1,137 66 5.80
HSBC Bank Argentina .... 12 1 8.33 27 1 3.70 117 9 7.69
Other operations .......................................... 2,899 45 1.55 4,564 166 3.64 4,495 291 6.47
117,847 1,659 1.41 135,747 4,959 3.65 111,109 5,332 4.80
Financial liabilities designated at fair
value – own debt issued36
Europe HSBC Holdings ............... 17,887 369 2.06 18,675 721 3.86 15,142 822 5.43
HSBC Bank ..................... 7,932 196 2.47 8,805 529 6.01 9,907 525 5.30
HSBC France .................. 5,108 128 2.51 1,515 79 5.21 143 11 7.69
Hong Kong Hang Seng Bank .............. 130 2 1.54 127 6 4.72 126 6 4.76
North America HSBC Bank USA ............ 1,615 30 1.86 1,504 67 4.45 1,620 125 7.72
HSBC Finance ................. 26,628 871 3.27 32,126 1,563 4.87 31,889 2,079 6.52
Other operations .......................................... 921 (38) (4.13) 1,083 168 15.51 – – –
60,221 1,558 2.59 63,835 3,133 4.91 58,827 3,568 6.07