HSBC 2015 Annual Report Download - page 240

Report of the Directors: Capital (continued)
Regulatory balance sheet / Leverage ratio / Regulatory developments
HSBC HOLDINGS PLC
238
Reconciliation of balance sheets – financial accounting to regulatory scope of consolidation (continued)
Accounting
balance
sheet
Deconsolidation
of insurance/
other entities
Consolidation
of banking
associates
Regulatory
balance
sheet
Ref $m $m $m $m
Liabilities and equity
Hong Kong currency notes in circulation 27,674
–
–
27,674
Deposits by banks 77,426 (21) 40,530 117,935
Customer accounts 1,350,642 (535) 141,858 1,491,965
Repurchase agreements
–
non-trading 107,432
–
–
107,432
Items in course of transmission to other banks 5,990 (3)
–
5,987
Trading liabilities 190,572 (42) 50 190,580
Financial liabilities designated at fair value 76,153 (6,317)
–
69,836
of which:
–
term subordinated debt included in tier 2 capital m21,822
–
–
21,822
–
hybrid capital securities included in tier 1 capital
j
1,495
–
–
1,495
Derivatives 340,669 37 331 341,037
Debt securities in issue 95,947 (7,797) 3,720 91,870
Current tax liabilities 1,213 (138) 317 1,392
Liabilities under insurance contracts 73,861 (73,861)
–
–
Accruals, deferred income and other liabilities 53,396 (3,659) 5,145 54,882
of which:
–
retirement benefit liabilities 3,208 (2) 56 3,262
Provisions 4,998 (63)
–
4,935
of which:
–
contingent liabilities and contractual commitments 234
–
–
234
of which:
–
credit-related provisions on IRB portfolios
i
132
–
–
132
–
credit-related provisions on standardised portfolios 102
–
–
102
Deferred tax liabilities 1,524 (1,009) 2 517
Subordinated liabilities 26,664
–
2,056 28,720
of which:
–
hybrid capital securities included in tier 1 capital
j
2,761
–
–
2,761
–
perpetual subordinated debt included in tier 2 capital
l
2,773
–
–
2,773
–
term subordinated debt included in tier 2 capital m21,130
–
–
21,130
Total shareholders’ equity a190,447 (7,531)
–
182,916
of which:
–
other equity instruments included in tier 1 capital c,
j
11,532
–
–
11,532
–
preference share premium included in tier 1 capital b1,405
–
–
1,405
Non-controlling interests d9,531 (851)
–
8,680
of which:
– non-cumulative preference shares issued by subsidiaries
included in tier 1 capital e2,127
–
–
2,127
– non-controlling interests included in tier 2 capital, cumulative
preferred stock f300
–
–
300
– non-controlling interests attributable to holders of ordinary
shares in subsidiaries included in tier 2 capital f, m 173
–
–
173
Total liabilities and equity at 31 December 2014 2,634,139 (101,790) 194,009 2,726,358
The references (a) – (n) identify balance sheet components which are used in the calculation of regulatory capital on page 234.