HSBC 2011 Annual Report Download - page 380

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
26 – Investments in subsidiaries / 27 – Assets held for sale and other assets
378
26 Investments in subsidiaries
Principal subsidiaries of HSBC Holdings
At 31 December 2011
Country of
incorporation
or registration
HSBC’s
interest in
equity capital
%
Issued
equity
capital
Share
class
Europe
HSBC Asset Finance (UK) Limited ............................... England 100 £265m Ordinary £1
HSBC Bank A.S. ............................................................ Turkey 100 TRL652m A-Common TRL1
B-Common TRL1
HSBC Bank Malta p.l.c. ................................................. Malta 70.03 €88m Ordinary €0.30
HSBC Bank plc .............................................................. England 100 £797m Ordinary £1
Preferred Ordinary £1
Series 2 Third Dollar
Preference US$0.01
Third Dollar
Preference US$0.01
HSBC France .................................................................. France 99.99 €337m Shares €5.00
HSBC Bank International Limited ................................. Jersey 100 £1m Ordinary £1
HSBC Life (UK) Limited ............................................... England 100 £94m Ordinary £1
HSBC Private Banking Holdings (Suisse) S.A. ............. Switzerland 100 CHF1,363m Ordinary CHF1,000
HSBC Trinkaus & Burkhardt AG .................................. Germany 80.40 €28m Shares of no par value
Marks and Spencer Retail Financial Services
Holdings Limited ........................................................ England 100 £67m Ordinary £1
Hong Kong
Hang Seng Bank Limited1 .............................................. Hong Kong 62.14 HK$9,559m Ordinary HK$5.00
HSBC Insurance (Asia) Limited .................................... Hong Kong 100 HK$1,298m Ordinary HK$1,000
HSBC Life (International) Limited ................................ Bermuda 100 HK$1,278m Ordinary HK$1.00
The Hongkong and Shanghai Banking Corporation
Limited .......................................................................
Hong Kong 100 HK$30,190m Ordinary HK$2.50
CIP2 US$1.00
CRP3 US$1.00
NIP4 US$1.00
Rest of Asia-Pacific
HSBC Bank Australia Limited ....................................... Australia 100 A$751m Shares of no par value
HSBC Bank (China) Company Limited ......................... PRC5 100 RMB10,800m Ordinary CNY1.00
HSBC Bank Malaysia Berhad ........................................ Malaysia 100 RM115m Ordinary RM0.50
Middle East and North Africa
HSBC Bank Middle East Limited .................................. Jersey 100 US$931m Ordinary US$1.00
CRP3 US$1.00
HSBC Bank Egypt S.A.E. .............................................. Egypt 94.53 EGP1,511m Ordinary EGP84.00
North America
HSBC Bank Bermuda Limited ....................................... Bermuda 100 US$30m Common BMD1.00
HSBC Bank Canada ....................................................... Canada 100 C$1,571m Class 1 Pref of NPV6
Class 2 Pref of NPV6
Common of NPV
HSBC Bank USA, N.A. ................................................. United States 100 US$2m Common US$100
HSBC Finance Corporation ............................................ United States 100 –
7 Common US$0.01
HSBC Securities (USA) Inc. .......................................... United States 100 –
7 Common US$0.05
Latin America
HSBC Bank Argentina S.A. ........................................... Argentina 99.99 ARS1,244m Ordinary-A ARS1.00
Ordinary-B ARS1.00
HSBC Bank Brasil S.A. – Banco Múltiplo .................... Brazil 100 BRL5,569m Shares of no par value
HSBC Mexico, S.A., Institución de Banca Múltiple,
Grupo Financiero HSBC ............................................ Mexico 99.99 MXN5,261m Ordinary MXN2.00
HSBC Bank (Panama) S.A. ............................................ Panama 100 US$10m Ordinary PAB 1.00
1 Listed in Hong Kong. 5 People’s Republic of China.
2 Cumulative Irredeemable Preference shares. 6 Preference shares of nil par value.
3 Cumulative Redeemable Preference shares. 7 Issued equity capital is less than US$1m.
4 Non-cumulative Irredeemable Preference shares.
Details of the debt, subordinated debt and preference shares issued by the principal subsidiaries to parties external to the Group are
included in the Notes 30 ‘Debt securities in issue’, 34 ‘Subordinated liabilities’ and 38 ‘Non-controlling interests’, respectively.
All the above subsidiaries are included in the HSBC consolidated financial statements.