HSBC 2011 Annual Report Download - page 34

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Financial summary > Consolidated balance sheet
32
Consolidated balance sheet
Five-year summary consolidated balance sheet and selected financial information
At 31 December
2011
US$m
2010
US$m
2009
US$m
2008
US$m
2007
US$m
ASSETS
Cash and balances at central banks ............................................. 129,902 57,383 60,655 52,396 21,765
Trading assets .............................................................................. 330,451 385,052 421,381 427,329 445,968
Financial assets designated at fair value ..................................... 30,856 37,011 37,181 28,533 41,564
Derivatives ................................................................................... 346,379 260,757 250,886 494,876 187,854
Loans and advances to banks ...................................................... 180,987 208,271 179,781 153,766 237,366
Loans and advances to customers37 ............................................. 940,429 958,366 896,231 932,868 981,548
Financial investments .................................................................. 400,044 400,755 369,158 300,235 283,000
Assets held for sale ...................................................................... 39,558 1,991 3,118 2,075 2,804
Other assets .................................................................................. 156,973 145,103 146,061 135,387 152,397
Total assets .................................................................................. 2,555,579 2,454,689 2,364,452 2,527,465 2,354,266
LIABILITIES AND EQUITY
Liabilities
Deposits by banks ........................................................................ 112,822 110,584 124,872 130,084 132,181
Customer accounts ....................................................................... 1,253,925 1,227,725 1,159,034 1,115,327 1,096,140
Trading liabilities ......................................................................... 265,192 300,703 268,130 247,652 314,580
Financial liabilities designated at fair value ................................ 85,724 88,133 80,092 74,587 89,939
Derivatives ................................................................................... 345,380 258,665 247,646 487,060 183,393
Debt securities in issue ................................................................ 131,013 145,401 146,896 179,693 246,579
Liabilities under insurance contracts ........................................... 61,259 58,609 53,707 43,683 42,606
Liabilities of disposal groups held for sale ................................. 22,200 86 3 – –
Other liabilities ............................................................................ 111,971 109,868 148,411 149,150 113,432
Total liabilities ............................................................................. 2,389,486 2,299,774 2,228,791 2,427,236 2,218,850
Equity
Total shareholders’ equity ........................................................... 158,725 147,667 128,299 93,591 128,160
Non-controlling interests ............................................................. 7,368 7,248 7,362 6,638 7,256
Total equity .................................................................................. 166,093 154,915 135,661 100,229 135,416
Total equity and liabilities ........................................................... 2,555,579 2,454,689 2,364,452 2,527,465 2,354,266
Five-year selected financial information
Called up share capital ................................................................. 8,934 8,843 8,705 6,053 5,915
Capital resources38,39,40 ................................................................. 170,334 167,555 155,729 131,460 152,640
Undated subordinated loan capital .............................................. 2,779 2,781 2,785 2,843 2,922
Preferred securities and dated subordinated loan capital41 ......... 49,438 54,421 52,126 50,307 49,472
Risk-weighted assets and capital ratios38,39
Risk-weighted assets ................................................................... 1,209,514 1,103,113 1,133,168 1,147,974 1,123,782
% % % % %
Core tier 1 ratio ............................................................................ 10.1 10.5 9.4 7.0 8.1
Total capital ratio ......................................................................... 14.1 15.2 13.7 11.4 13.6
Financial statistics
Loans and advances to customers as a percentage of
customer accounts ................................................................... 75.0 78.1 77.3
83.6 89.5
Average total shareholders’ equity to average total assets ......... 5.64 5.53 4.72 4.87 5.69
Net asset value per ordinary share at year-end42 (US$) .............. 8.48 7.94 7.17 7.44 10.72
Number of US$0.50 ordinary shares in issue (millions) ............. 17,868 17,686 17,408 12,105 11,829
Closing foreign exchange translation rates to US$:
US$1: £ ........................................................................................ 0.646 0.644 0.616 0.686 0.498
US$1: € ........................................................................................ 0.773 0.748 0.694 0.717 0.679
For footnotes, see page 95.
A more detailed consolidated balance sheet is contained in the Financial Statements on page 281.