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60
HSBC BANK CANADA
Consolidated statement of financial position
At 31 December (in millions of dollars)
Notes 2013
$m
2012
$m
ASSETS
Cash and balances at central bank .............................................................. 165 56
Items in the course of collection from other banks ..................................... 107 90
Trading assets .............................................................................................. 10 6,728 5,272
Derivatives .................................................................................................. 11 2,112 1,810
Loans and advances to banks ...................................................................... 1,482 1,480
Loans and advances to customers ............................................................... 46,351 45,572
Financial investments .................................................................................. 12 21,814 20,411
Other assets ................................................................................................. 17 333 910
Prepayments and accrued income ............................................................... 206 165
Customers’ liability under acceptances ....................................................... 4,757 4,737
Property, plant and equipment .................................................................... 15 137 140
Goodwill and intangible assets ................................................................... 18 68 71
Total assets .................................................................................................. 84,260 80,714
LIABILITIES AND EQUITY
Liabilities
Deposits by banks ....................................................................................... 1,205 2,173
Customer accounts ...................................................................................... 51,844 48,304
Items in the course of transmission to other banks ..................................... 53 71
Trading liabilities ........................................................................................ 19 4,396 2,672
Financial liabilities designated at fair value ................................................ 21 428 436
Derivatives .................................................................................................. 11 1,746 1,415
Debt securities in issue ................................................................................ 20 11,348 11,980
Other liabilities ............................................................................................ 22 2,337 2,389
Acceptances ................................................................................................ 4,757 4,737
Accruals and deferred income .................................................................... 551 528
Retirement benet liabilities ....................................................................... 4 271 309
Subordinated liabilities ............................................................................... 23 239 324
Total liabilities ............................................................................................ 79,175 75,338
Equity
Common shares ........................................................................................... 26 1,225 1,225
Preferred shares ........................................................................................... 26 600 946
Other reserves ............................................................................................. 134 281
Retained earnings ........................................................................................ 2,926 2,694
Total shareholders’ equity ........................................................................... 4,885 5,146
Non-controlling interests ............................................................................ 27 200 230
Total equity ................................................................................................. 5,085 5,376
Total equity and liabilities ........................................................................... 84,260 80,714
The accompanying notes and the audited sections of ‘Risk Management’ and ‘Capital’ within Management’s Discussion and Analysis form an
integral part of these consolidated financial statements.
Approved on behalf of the Board of Directors:
Samuel Minzberg Paulo Maia
Chairman, HSBC Bank Canada President and Chief Executive Officer