HSBC 2010 Annual Report Download - page 247

245
Overview Operating & Financial Review Governance Financial Statements Shareholder Information
HSBC Holdings balance sheet at 31 December 2010
2010 2009
Notes US$m US$m
Assets
Cash at bank and in hand:
– balances with HSBC undertakings ........................................................................................ 459 224
Derivatives ..................................................................................................................................... 20 2,327 2,981
Loans and advances to HSBC undertakings ................................................................................. 21,238 23,212
Financial investments .................................................................................................................... 2,025 2,455
Other assets .................................................................................................................................... 1 4
Current tax assets ........................................................................................................................... 224 562
Prepayments and accrued income ................................................................................................. 107 102
Investments in subsidiaries ............................................................................................................ 26 92,899 86,247
Property, plant and equipment ....................................................................................................... 4 6
Deferred tax assets ......................................................................................................................... 10 57 –
Total assets .................................................................................................................................... 119,341 115,793
Liabilities and equity
Liabilities
Amounts owed to HSBC undertakings ......................................................................................... 2,932 3,711
Financial liabilities designated at fair value .................................................................................. 29 16,288 16,909
Derivatives ..................................................................................................................................... 20 827 362
Debt securities in issue .................................................................................................................. 30 2,668 2,839
Other liabilities .............................................................................................................................. 31 1,232 1,257
Accruals and deferred income ....................................................................................................... 750 419
Deferred tax liabilities ................................................................................................................... 10 – 14
Subordinated liabilities .................................................................................................................. 34 13,313 14,406
Total liabilities ............................................................................................................................... 38,010 39,917
Equity
Called up share capital ................................................................................................................... 39 8,843 8,705
Share premium account ................................................................................................................. 8,454 8,413
Other equity instruments ............................................................................................................... 5,828 2,133
Merger reserve and other reserves ................................................................................................ 35,127 35,127
Other reserves ................................................................................................................................ 3,394 3,642
Retained earnings .......................................................................................................................... 19,685 17,856
Total equity .................................................................................................................................... 81,331 75,876
Total equity and liabilities ............................................................................................................. 119,341 115,793
The accompanying notes on pages 250 to 370, ‘Critical accounting policies’ on pages 33 to 36, the audited sections of ‘Risk’ on pages 86
to 176 and the audited sections of ‘Capital’ on pages 177 to 182 form an integral part of these financial statements.
D J Flint, Group Chairman