HSBC 2012 Annual Report Download - page 427

425
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
HSBC Holdings
Movement of deferred tax assets
Accelerated
capital
allowances
Short-term
timing
differences
Available-
for-sale
investments
Fair valued
assets and
liabilities
Share-
based
payments
Unused
tax
losses Total
US$m US$m US$m US$m US$m US$m US$m
2012
At 1 January ................................ – – (4) 46 9 40 91
Income statement ........................ 2 – – (15) (7) (40) (60)
Other comprehensive income ..... – – (27) – – – (27)
Equity .......................................... – – – – 10 – 10
At 31 December ......................... 2 – (31) 31 12 – 14
2011
At 1 January ................................ – 1 (21) 61 16 – 57
Income statement ........................ – (1) – (15) (7) 40 17
Other comprehensive income ..... – – 17 – – – 17
At 31 December .......................... – – (4) 46 9 40 91
The amount of unused tax losses for which no deferred tax asset is recognised in the balance sheet was US$1,775m
(2011: US$8m) of which US$9m (2011: US$8m) relate to capital losses. The losses have no expiry date.
10 Dividends
Dividends to shareholders of the parent company
2012 2011 2010
Per
share
US$
Total
US$m
Settled
in scrip
US$m
Per
share
US$
Total
US$m
Settled
in scrip
US$m
Per
share
US$
Total
US$m
Settled
in scrip
US$m
Dividends declared on ordinary shares
In respect of previous year:
– fourth interim dividend ....................... 0.14 2,535 259 0.12 2,119 1,130 0.10 1,733 838
In respect of current year:
– first interim dividend ........................... 0.09 1,633 748 0.09 1,601 204 0.08 1,394 746
– second interim dividend ...................... 0.09 1,646 783 0.09 1,603 178 0.08 1,402 735
– third interim dividend .......................... 0.09 1,655 639 0.09 1,605 720 0.08 1,408 205
0.41 7,469 2,429 0.39 6,928 2,232 0.34 5,937 2,524
Quarterly dividends on preference
shares classified as equity
March dividend ........................................... 15.50 22 15.50 22 15.50 22
June dividend .............................................. 15.50 23 15.50 23 15.50 23
September dividend .................................... 15.50 22 15.50 22 15.50 22
December dividend ..................................... 15.50 23 15.50 23 15.50 23
62.00 90 62.00 90 62.00 90
Quarterly coupons on capital securities classified as equity1
2012 2011 2010
Per share Total Per share Total Per share Total
US$ US$m US$ US$m US$ US$m
January coupon .................................. 0.508 44 0.508 44 0.508 44
March coupon .................................... 0.500 76 0.500 76 – –
April coupon ...................................... 0.508 45 0.508 45 0.508 45
June coupon ....................................... 0.500 76 0.500 76 – –
July coupon ........................................ 0.508 45 0.508
45 0.508 45
September coupon ............................. 0.500 76 0.500
76 0.450 68
October coupon .................................. 0.508 45 0.508
45 0.508 45
December coupon .............................. 0.500 76 0.500 76 0.500 76
4.032 483 4.032 483 2.982 323
1 HSBC Holdings issued Perpetual Subordinated Capital Securities of US$3,800m in June 2010 and US$2,200m in April 2008, which are
classified as equity under IFRSs.