HSBC 2012 Annual Report Download - page 500

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
39 – Notes on the statement of cash flows
498
Options outstanding over HSBC Holdings ordinary shares under the HSBC Bank Bermuda share plan
Number of
HSBC Holdings
ordinary shares Period of exercise Exercise price
31 December 2012 .......................................................... 149,924 2013 US$9.32 – 10.33
31 December 2011 ........................................................... 1,030,907 2012 to 2013 US$9.32 – 15.99
31 December 2010............................................................ 2,339,033 2011 to 2013 US$9.32 – 15.99
Maximum obligation to deliver HSBC Holdings ordinary shares
At 31 December 2012, the maximum obligation to deliver HSBC Holdings ordinary shares under all of the above
option arrangements, together with GPSP awards and restricted share awards granted under the HSBC Share
Plan and/or the HSBC Share Plan 2011, was 364,082,766 (2011: 538,265,410). The total number of shares at
31 December 2012 held by employee benefit trusts that may be used to satisfy such obligations to deliver HSBC
Holdings ordinary shares was 18,009,459 (2011: 31,840,893).
39 Notes on the statement of cash flows
Other non-cash items included in profit before tax
HSBC HSBC Holdings
2012 2011 2010 2012 2011
US$m US$m US$m US$m US$m
Depreciation, amortisation and impairment .................... 2,531 3,135 2,801 457 1
Gains arising from dilution of interests in associates .......... – (208) (188) – –
Revaluations on investment property .............................. (72) (118) (93) – –
Share-based payment expense ......................................... 988 1,162 812 55 57
Loan impairment losses gross of recoveries and
other credit risk provisions .......................................... 9,358 13,553 15,059 – –
Provisions ........................................................................ 5,732 2,199 680 – –
Impairment of financial investments ............................... 519 808 105 – –
Charge/(credit) for defined benefit plans ........................ 476 (140) 526 – –
Accretion of discounts and amortisation of premiums ... 246 (513) (815) 23 19
19,778 19,878 18,887 535 77
Change in operating assets
HSBC HSBC Holdings
2012 2011 2010 2012 2011
US$m US$m US$m US$m US$m
Change in loans to HSBC undertakings ........................... – – – (3,451) (4,548)
Change in prepayments and accrued income ................... 557 1,907 457 (5) 96
Change in net trading securities and net derivatives ........ (36,829) 27,058 60,337 (507) (1,001)
Change in loans and advances to banks ........................... 1,083 2,618 5,213 – –
Change in loans and advances to customers .................... (72,619) (30,853) (79,283) – –
Change in financial assets designated at fair value .......... (2,698) (583) 154 – –
Change in other assets ...................................................... (6,015) (7,559) (145) (48) (36)
(116,521) (7,412) (13,267) (4,011) (5,489)
Change in operating liabilities
HSBC HSBC Holdings
2012 2011 2010 2012 2011
US$m US$m US$m US$m US$m
Change in accruals and deferred income .......................... 78 (800) 716 10 258
Change in deposits by banks ............................................ (5,393) 2,238 (14,288) – –
Change in customer accounts ........................................... 90,071 48,401 68,691 – –
Change in debt securities in issue .................................... (11,552) (14,388) (1,495) 86 (45)
Change in financial liabilities designated at fair value .... 2,549 5,468 5,659 2,464 (475)
Change in other liabilities ................................................. 13,317 3,093 (17,011) 391 (152)
89,070 44,012 42,272 2,951 (414)