HSBC 2012 Annual Report Download - page 373

HSBC HOLDINGS PLC
Financial Statements
Contents
371
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Financial Statements and Notes on the Financial Statements
Page
Financial Statements
Consolidated income statement ................................... 372
Consolidated statement of comprehensive income ..... 373
Consolidated balance sheet ......................................... 374
Consolidated statement of cash flows.......................... 375
Consolidated statement of changes in equity .............. 376
HSBC Holdings balance sheet .................................... 379
HSBC Holdings statement of cash flows..................... 380
HSBC Holdings statement of changes in equity ......... 381
Notes on the Financial Statements
1 Basis of preparation .......................................... 383
2 Summary of significant accounting policies ..... 387
3 Net income/(expense) from financial
instruments designated at fair value ............. 406
4 Net earned insurance premiums ........................ 407
5 Net insurance claims incurred and movement
in liabilities to policyholders ........................ 407
6 Operating profit ................................................. 408
7 Employee compensation and benefits .............. 409
8 Auditors’ remuneration ..................................... 419
9 Tax ..................................................................... 421
10 Dividends .......................................................... 425
11 Earnings per share ............................................. 426
12 Segmental analysis ............................................ 426
13 Analysis of financial assets and liabilities
by measurement basis ................................... 432
14 Trading assets .................................................... 436
15 Fair values of financial instruments
carried at fair value ....................................... 437
16 Fair values of financial instruments
not carried at fair value ................................. 447
17 Reclassification of financial assets ................... 450
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18 Financial assets designated at fair value ........... 451
19 Derivatives ........................................................ 452
20 Financial investments ........................................ 456
21 Transfers of financial assets .............................. 458
22 Interests in associates and joint ventures .......... 460
23 Goodwill and intangible assets ......................... 463
24 Property, plant and equipment .......................... 467
25 Investments in subsidiaries ............................... 469
26 Assets held for sale and other assets ................. 471
27 Trading liabilities .............................................. 473
28 Financial liabilities designated at fair value ..... 473
29 Debt securities in issue ...................................... 474
30 Liabilities of disposal groups held for sale
and other liabilities ........................................ 475
31 Liabilities under insurance contracts ................ 475
32 Provisions .......................................................... 478
33 Subordinated liabilities ...................................... 480
34 Maturity analysis of assets, liabilities and off-
balance sheet commitments ........................... 485
35 Foreign exchange exposures ............................. 493
36 Assets charged as security for liabilities and
collateral accepted as security for assets ...... 493
37 Non-controlling interests ................................... 494
38 Called up share capital and other equity
instruments .................................................... 495
39 Notes on the statement of cash flows ................ 498
40 Contingent liabilities, contractual commitments
and guarantees ............................................... 500
41 Lease commitments ........................................... 501
42 Special purpose entities ..................................... 502
43 Legal proceedings and regulatory matters ........ 506
44 Related party transactions ................................. 512
45 Events after the balance sheet date ................... 515