HSBC 2012 Annual Report Download - page 159

157
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
collective impairment allowances are recognised for
loans classified as past due but not impaired.
At 31 December 2012, US$19bn of loans and
advances held at amortised cost were classified as
past due but not impaired (2011: US$20bn). The
largest concentration of these balances was in HSBC
Finance. The decrease in 2012 was primarily in
North America in the CML portfolio, due to the
reclassification of non-real estate personal loan
balances to ‘Assets held for sale’ as well as the
continued run-off of the lending balances. This was
partly offset by increases in Rest of Asia-Pacific
relating to a number of corporate exposures across the
region. The rise in Latin America was mainly in
Panama in the corporate and commercial sector across
various industries. In Europe, the increase in past due
but not impaired loans mainly related to business
expansion in Turkey. In Hong Kong, the rise was
mainly in overdrafts and term lending.
Past due but not impaired loans and advances to customers and banks by geographical region
(Audited)
Europe
Hong
Kong
Rest of
Asia-
Pacific MENA
North
America
Latin
America Total
US$m US$m US$m US$m US$m US$m US$m
31 December 2012
Banks .............................................................. – – 10 – – – 10
Customers ....................................................... 2,339 1,311 2,964 975 7,721 3,591 18,901
Personal ........................................................... 1,416 638 1,961 248 5,806 2,198 12,267
Corporate and commercial ............................. 909 579 953 726 1,910 1,360 6,437
Financial (non-bank financial institutions) .... 14 94 50 1 5 33 197
2,339 1,311 2,974 975 7,721 3,591 18,911
31 December 2011
Banks .............................................................. – 38 1 – – – 39
Customers ....................................................... 1,990 1,069 2,318 1,165 10,216 3,212 19,970
Personal ........................................................... 1,362 715 1,626 166 7,941 2,141 13951
Corporate and commercial ............................. 614 346 680 997 2,159 1,059 5855
Financial (non-bank financial institutions) .... 14 8 12 2 116 12 164
1,990 1,107 2,319 1,165 10,216 3,212 20,009
Ageing analysis of days past due but not impaired gross financial instruments
(Audited)
Up to 29
days
30-59
days
60-89
days
90-179
days
180 days
and over Tot a l
US$m US$m US$m US$m US$m US$m
At 31 December 2012
Loans and advances held at amortised cost .......................... 14,236 3,189 1,262 200 24 18,911
– to banks .......................................................................... 10 ––– – 10
– to customers ................................................................... 14,226 3,189 1,262 200 24 18,901
Assets held for sale ............................................................... 251 84 48 2 2 387
– disposal groups .............................................................. 87 17 11 1 2 118
– non-current assets held for sale ..................................... 164 67 37 1 – 269
Other assets ........................................................................... 122 37 24 12 36 231
– endorsements and acceptances ...................................... 6 1 –– – 7
– other ............................................................................... 116 36 24 12 36 224
14,609 3,310 1,334 214 62 19,529
At 31 December 2011
Loans and advances held at amortised cost .......................... 14,239 3,680 1,727 223 140 20,009
– to banks .......................................................................... 39 – – – – 39
– to customers ................................................................... 14,200 3,680 1,727 223 140 19,970
Assets held for sale ............................................................... 1,563 644 307 8 2 2,524
– disposal groups .............................................................. 1,563 644 307 7 1 2,522
– non-current assets held for sale ..................................... – – – 1 1 2
Other assets ........................................................................... 225 80 37 22 57 421
– endorsements and acceptances ...................................... 7 2 – 1 – 10
– other ............................................................................... 218 78 37 21 57 411
16,027 4,404 2,071 253 199 22,954