HSBC 2015 Annual Report Download - page 407

HSBC HOLDINGS PLC
405
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Selected balance sheet information of BoCom
At 30 September
2015 2014
$m $m
Cash and balances at central banks 144,702 150,306
Loans and advances to banks and other financial institutions 110,915 79,960
Loans and advances to customers 560,503 547,706
Other financial assets 244,722 178,883
Other assets 49,246 45,140
Total assets 1,110,088 1,001,995
Deposits by banks and other financial institutions 261,211 209,935
Customer accounts 691,959 663,745
Other financial liabilities 46,932 28,860
Other liabilities 29,329 25,361
Total liabilities 1,029,431 927,901
Total equity 80,657 74,094
Reconciliation of BoCom’s total shareholders’ equity to the carrying amount in HSBC’s consolidated financial statements as at
31 December
At 30 September
2015 2014
$m $m
HSBC’s share of total shareholders’ equity 14,824 14,040
Add: Goodwill and other intangible assets 520 550
Carrying amount 15,344 14,590
Selected income statement information of BoCom
For the 12 months ended
30 September
2015 2014
$m $m
Net interest income 22,397 22,030
Net fee and commission income 5,432 4,792
Loan impairment charges (3,772) (3,509)
Depreciation and amortisation (1,012) (920)
Tax expense (2,976) (3,102)
Profit for the year 10,634 10,626
Other comprehensive income 377 217
Total comprehensive income 11,011 10,843
Dividends received from BoCom 624 597
Summarised aggregate financial information in respect of all associates excluding BoCom
2015 2014
$m $m
Carrying amount 3,556 3,350
HSBC’s share of:
–
total assets 21,645 20,099
–
total liabilities 18,166 16,837
–
revenues 821 801
–
profit or loss from continuing operations 508 519
–
other comprehensive income
–
2
–
total comprehensive income 508 521
Joint ventures
At 31 December 2015, the carrying amount of HSBC’s interests in joint ventures was $239m (2014: $241m).
Associates and joint ventures
For the year ended 31 December 2015, HSBC’s share of associates and joint ventures’ tax on profit was $575m (2014: $600m).
This is included within ‘Share of profit in associates and joint ventures’ in the income statement.