HSBC 2015 Annual Report Download - page 235

HSBC HOLDINGS PLC
233
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Capital
Source and application of total regulatory capital
Year to 31 December
2015
$m
2014
$m
Movement in total regulatory capital
Opening common equity tier 1 capital on a transitional basis7133,200 131,233
Transitional adjustments 2,753
–
unrealised gains arising from revaluation of property 1,375
–
unrealised gains in available-for-sale debt and equities 1,378
Opening common equity tier 1 capital on an end point basis1135,953
Contribution to common equity tier 1 capital from profit for the period 11,302 12,678
–
consolidated profits attributable to shareholders of the parent company 13,522 13,688
–
removal of own credit spread net of tax (912) (328)
–
debit valuation adjustment (139) 254
–
deconsolidation of insurance entities and SPEs (1,169) (936)
Net dividends including foreseeable net dividends2 (7,853) (7,541)
–
dividends net of scrip (4,136) (4,179)
–
fourth interim dividend net of planned scrip (3,717) (3,362)
Increase in goodwill and intangible assets deducted3 (227) 2,424
Ordinary shares issued 147 267
Foreign currency translation differences3 (7,887) (8,356)
Other, including regulatory adjustments (572) 2,495
Closing common equity tier 1 capital 130,863 133,200
Opening additional tier 1 capital on a transitional basis7 19,539 14,408
Movement in additional tier 1 securities 2,272 4,961
–
new issuance 3,580 5,681
–
grandfathering adjustments (1,308) (720)
Other, including regulatory adjustments 629 170
Closing tier 1 capital on a transitional basis 153,303 152,739
Opening other tier 2 capital on a transitional basis7 37,991 35,538
Movement in tier 2 securities (1,276) 2,414
–
new issuance 3,180 3,500
–
grandfathering adjustments (2,996)
–
–
foreign currency transitional differences (887) (1,066)
–
other movements (573) (20)
Other, including regulatory adjustments (185) 39
Closing total regulatory capital on a transitional basis 189,833 190,730
For footnotes, see page 243.