HSBC 2011 Annual Report Download - page 283

281
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Consolidated balance sheet at 31 December 2011
2011 2010
Notes US$m US$m
Assets
Cash and balances at central banks ............................................................................................... 129,902 57,383
Items in the course of collection from other banks ....................................................................... 8,208 6,072
Hong Kong Government certificates of indebtedness .................................................................. 20,922 19,057
Trading assets ................................................................................................................................ 15 330,451 385,052
Financial assets designated at fair value ....................................................................................... 19 30,856 37,011
Derivatives ..................................................................................................................................... 20 346,379 260,757
Loans and advances to banks ........................................................................................................ 180,987 208,271
Loans and advances to customers ................................................................................................. 940,429 958,366
Financial investments .................................................................................................................... 21 400,044 400,755
Assets held for sale ........................................................................................................................ 27 39,558 1,991
Other assets .................................................................................................................................... 27 48,699 41,260
Current tax assets ........................................................................................................................... 1,061 1,096
Prepayments and accrued income ................................................................................................. 10,059 11,966
Interests in associates and joint ventures ...................................................................................... 23 20,399 17,198
Goodwill and intangible assets ...................................................................................................... 24 29,034 29,922
Property, plant and equipment ....................................................................................................... 25 10,865 11,521
Deferred tax assets ......................................................................................................................... 10 7,726 7,011
Total assets .................................................................................................................................... 2,555,579 2,454,689
Liabilities and equity
Liabilities
Hong Kong currency notes in circulation ..................................................................................... 20,922 19,057
Deposits by banks .......................................................................................................................... 112,822 110,584
Customer accounts ......................................................................................................................... 1,253,925 1,227,725
Items in the course of transmission to other banks ....................................................................... 8,745 6,663
Trading liabilities ........................................................................................................................... 28 265,192 300,703
Financial liabilities designated at fair value .................................................................................. 29 85,724 88,133
Derivatives ..................................................................................................................................... 20 345,380 258,665
Debt securities in issue .................................................................................................................. 30 131,013 145,401
Liabilities of disposal groups held for sale ................................................................................... 31 22,200 86
Other liabilities .............................................................................................................................. 31 27,967 27,964
Current tax liabilities ..................................................................................................................... 2,117 1,804
Liabilities under insurance contracts ............................................................................................. 32 61,259 58,609
Accruals and deferred income ....................................................................................................... 13,106 13,906
Provisions ...................................................................................................................................... 33 3,324 2,138
Deferred tax liabilities ................................................................................................................... 10 1,518 1,093
Retirement benefit liabilities ......................................................................................................... 7 3,666 3,856
Subordinated liabilities .................................................................................................................. 34 30,606 33,387
Total liabilities ............................................................................................................................... 2,389,486 2,299,774
Equity
Called up share capital ................................................................................................................... 39 8,934 8,843
Share premium account ................................................................................................................. 8,457 8,454
Other equity instruments ............................................................................................................... 5,851 5,851
Other reserves ................................................................................................................................ 23,615 25,414
Retained earnings5 ......................................................................................................................... 111,868 99,105
Total shareholders’ equity ............................................................................................................. 158,725 147,667
Non-controlling interests ............................................................................................................... 38 7,368 7,248
Total equity .................................................................................................................................... 166,093 154,915
Total equity and liabilities ............................................................................................................. 2,555,579 2,454,689
The accompanying notes on pages 291 to 413, ‘Critical accounting policies’ on pages 38 to 42, the audited sections of ‘Risk’ on
pages 98 to 210 and the audited sections of ‘Capital’ on pages 211 to 217 form an integral part of these financial statements.
D J Flint, Group Chairman