HSBC 2015 Annual Report Download - page 177

HSBC HOLDINGS PLC
175
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Interest rate repricing gap table
The interest rate risk on the fixed-rate securities issued by
HSBC Holdings is not included within the Group VaR but is
managed on a re-pricing gap basis. The interest rate re-pricing
gap table below analyses the full-term structure of interest
rate mismatches within HSBC Holdings’ balance sheet.
Repricing gap analysis of HSBC Holdings
Total
Up to
1 year
From over 1
to 5 years
From over 5
to 10 years
More than
10 years
Non-interest
bearing
$m $m $m $m $m $m
Cash at bank and in hand:
–
balances with HSBC undertakings 242 242
–
–
–
–
Derivatives 2,467
–
–
–
–
2,467
Loans and advances to HSBC undertakings 44,350 42,661 279 405
–
1,005
Financial investments in HSBC undertakings 4,285 2,985
–
731
–
569
Investments in subsidiaries 97,770
–
–
–
–
97,770
Other assets 1,080
–
109
–
–
971
Total assets 150,194 45,888 388 1,136 102,782
Amounts owed to HSBC undertakings (2,152) (781)
–
–
–
(1,371)
Financial liabilities designated at fair values (19,853) (1,741) (3,239) (7,032) (4,312) (3,628)
Derivatives (2,278)
–
–
–
–
(2,278)
Debt securities in issue (960)
–
–
(963)
–
3
Other liabilities (15,895)
–
(3,374) (3,500) (9,119) 98
Subordinated liabilities (1,642)
–
–
–
–
(1,642)
Total equity (107,414)
–
–
–
–
(107,414)
Total liabilities and equity (150,194) (2,522) (6,613) (11,495) (13,332) (116,232)
Off-balance sheet items attracting interest rate
sensitivity – (22,748) 5,351 10,722 5,763 912
Net interest rate risk gap at 31 December 2015
–
20,618 (874) 363 (7,569) (12,538)
Cumulative interest rate gap
–
20,618 19,744 20,107 12,538
–
Cash at bank and in hand:
–
balances with HSBC undertakings 249
–
–
–
–
249
Derivatives 2,771
–
–
–
–
2,771
Loans and advances to HSBC undertakings 43,910 41,603 290 1,093
–
924
Financial investments in HSBC undertakings 4,073 3,010
–
731
–
332
Investments in subsidiaries 96,264
–
–
–
–
96,264
Other assets 597
–
–
–
–
597
14 8641
Total assets 147,864 44,613 290 1,824
–
101,137
(1
Amounts owed to HSBC undertakings (2,892) (1,877)
–
–
–
(1,015)
Financial liabilities designated at fair values (18,679) (850) (5,472) (5,400) (4,263) (2,694)
Derivatives (1,169)
–
–
–
–
(1,169)
Debt securities in issue (1,009)
–
–
(1,013)
–
4
Other liabilities (1,415)
–
–
–
–
(1,415)
Subordinated liabilities (17,255) (779) (3,766) (2,000) (10,195) (515)
Total equity (105,445)
–
–
–
–
(105,445)
(
Total liabilities and equity (147,864) (3,506) (9,238) (8,413) (14,458) (112,249)
Off-balance sheet items attracting interest rate
sensitivity – (21,525) 7,295 7,400 5,763 1,067
Net interest rate risk gap at 31 December 2014
–
19,582 (1,653) 811 (8,695) (10,045)
Cumulative interest rate gap
–
19,582 17,929 18,740 10,045
–