HSBC 2015 Annual Report Download - page 441

HSBC HOLDINGS PLC
439
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
relevant securities equivalent to £2.70 at the prevailing rate of exchange on the issuance date subject to certain anti-
dilution adjustments.
HSBC’s additional tier 1 capital – contingent convertible securities in issue which are accounted for in equity
First call
date
2015
$m
2014
$m
$2,250m 6.375% perpetual subordinated contingent convertible securities Sep 2024 2,244 2,244
$1,500m 5.625% perpetual subordinated contingent convertible securities Jan 2020 1,494 1,494
€1,500m 5.25% perpetual subordinated contingent convertible securities Sep 2022 1,943 1,943
$2,450m 6.375% perpetual subordinated contingent convertible securities Mar 2025 2,459
–
€1,000m 6.000% perpetual subordinated contingent convertible securities Sep 2023 1,121
–
At 31 December 9,261 5,681
Shares under option
For details of the options outstanding to subscribe for HSBC Holdings ordinary shares under the HSBC Holdings savings-related
share option plans, see Note 6.
Aggregate options outstanding under these plans
Number of
HSBC Holdings
ordinary shares Period of exercise Exercise price
31 December 2015 72,840,810 2015 to 2021 £4.0472
–
5.4738
1,114,830 2015 to 2018 HK$55.4701
–
63.9864
153,610 2015 to 2018 €5.3532
–
6.0657
665,445 2015 to 2018 $7.1456
–
8.2094
31 December 2014 63,918,042 2014 to 2020 £3.3116
–
7.9911
6,468,782 2014 to 2018 HK$37.8797 – 63.9864
571,502 2014 to 2018 €3.6361
–
6.0657
1,867,328 2014 to 2018 $4.8876
–
8.2094
31 December 2013 119,085,250 2013 to 2019 £3.3116
–
7.9911
24,215,341 2013 to 2018 HK$37.8797 – 92.5881
1,574,652 2013 to 2018 €3.6361
–
7.5571
3,997,069 2013 to 2018 $4.8876
–
11.8824
Maximum obligation to deliver HSBC Holdings ordinary shares
At 31 December 2015, the maximum obligation to deliver HSBC Holdings ordinary shares under all of the above option
arrangements and the HSBC International Employee Share Purchase Plan, together with GPSP awards and restricted share
awards granted under the HSBC Share Plan and/or the HSBC Share Plan 2011, was 193,178,906 (2014: 193,154,512). The total
number of shares at 31 December 2015 held by employee benefit trusts that may be used to satisfy such obligations to deliver
HSBC Holdings ordinary shares was 4,753,747 (2014: 7,943,191).
36 Notes on the statement of cash flows
Other non-cash items included in profit before tax
HSBC HSBC Holdings
2015 2014 2013 2015 2014
$m $m $m $m $m
Depreciation, amortisation and impairment 2,181 2,251 2,330 30 39
(Gains)/losses arising from dilution of interests in associates
–
32 (1,051)
–
–
Revaluations on investment property (61) (120) (113)
–
–
Share-based payment expense 757 732 630 86 74
Loan impairment losses gross of recoveries and other credit
risk provisions 4,546 5,125 7,356
–
–
Provisions 3,210 3,074 2,578
–
–
Impairment/(release of impairment) of financial investments 94 54 (36)
–
–
Charge for defined benefit plans 262 535 121
–
–
Accretion of discounts and amortisation of premiums (224) (421) 180 (2) (61)
Year ended 31 December 10,765 11,262 11,995 114 52