HSBC 2004 Annual Report Download - page 285

283
2004 2003
US$m US$m
Fixed rate 75,678 68,115
Variable interest rate:
Secured financings – 2.52% to 5.15%; due 2005 to 2010 ............................................................... 19,743 26,363
Other variable interest rate senior debt – 2.16% to 6.07%; due 2005 to 2018 ................................. 10,571 8,506
Secured financings – 0.96% to 2.61%; due 2006 to 2036 ............................................................... 10,291 30
FHLB advances – 2.02% to 3.99%; due 2006 to 2008 .................................................................... 5,000 –
7.97% Securitisation; due 2005 to 2009 .......................................................................................... 3,327 –
Other variable interest rate senior debt – 2.20% to 2.60%; due 2005 to 2040 ................................. 890 175
Others ............................................................................................................................................. 8,598 7,399
134,098 110,588
30 Other liabilities
2004 2003
US$m US$m
Short positions in securities
Debt securities:
Government securities ............................................................................................................ 33,278 23,881
Other public sector securities .................................................................................................. –27
Other debt securities ............................................................................................................... 6,604 3,856
39,882 27,764
Treasury bills and other eligible bills .......................................................................................... 3,980 935
Equity shares .............................................................................................................................. 2,598 1,428
46,460 30,127
Liabilities, including losses, resulting from off-balance sheet interest rate,
exchange rate and equities contracts which are marked-to-market ............................................. 35,394 28,534
Current taxation .............................................................................................................................. 1,654 2,069
Obligations under finance leases ..................................................................................................... 695 585
Dividend payable by HSBC Holdings ............................................................................................. 4,205 3,936
Long-term assurance liabilities attributable to policyholders (Note 26) .......................................... 19,775 15,774
Other liabilities ............................................................................................................................... 15,132 13,644
123,315 94,669
Short positions in debt securities are in respect of securities
– due within 1 year .................................................................................................................... 1,316 1,317
– due 1 year and over ................................................................................................................. 38,566 26,447
39,882 27,764
– listed ....................................................................................................................................... 36,972 23,986
– unlisted ................................................................................................................................... 2,910 3,778
39,882 27,764
Obligations under finance leases fall due
– within 1 year ........................................................................................................................... 25 25
– between 1 and 5 years ............................................................................................................. 40 20
– over 5 years ............................................................................................................................ 630 540
695 585
31 Provisions for liabilities and charges
(a) Deferred taxation
HSBC
HSBC
Holdings
US$m US$m
At 1 January 2004 ...................................................................................................................... (1,272) 93
Charge/(release) to profit and loss account (Note 7) .................................................................. 890 (18)
Movements arising from acquisitions and disposals .................................................................. (32) –
Exchange and other movements ................................................................................................ (101) –
At 31 December 2004 ............................................................................................................... (515) 75