HSBC 2005 Annual Report Download - page 344

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
342
Consolidated balance sheet at 1 January 2004
UK GAAP
IFRSs format
Effect of
transition
to IFRSs
IFRSs (except
IAS 32/39
and IFRS 4)
US$m US$m US$m
ASSETS
Cash and balances at central banks .......................................................... 7,661 72 7,733
Items in the course of collection from other banks .................................. 6,628 – 6,628
Hong Kong Government certificates of indebtedness ............................. 10,987 – 10,987
Trading securities .................................................................................... 86,887 8,529 95,416
Derivatives .............................................................................................. 27,652 (216) 27,436
Loans and advances to banks .................................................................. 117,173 861 118,034
Loans and advances to customers ............................................................ 528,977 4,873 533,850
Financial investments .............................................................................. 152,795 3,504 156,299
Interests in associates and joint ventures ................................................. 1,273 (20) 1,253
Goodwill and intangible assets ................................................................ 28,640 3,278 31,918
Property, plant and equipment ................................................................. 15,748 (1,904) 13,844
Other assets ............................................................................................. 35,476 (15,152) 20,324
Prepayments and accrued income ............................................................ 14,319 (324) 13,995
Total assets .............................................................................................. 1,034,216 3,501 1,037,717
LIABILITIES AND EQUITY
Liabilities
Hong Kong currency notes in circulation ................................................ 10,987 – 10,987
Deposits by banks ................................................................................... 70,426 13 70,439
Customer accounts .................................................................................. 573,130 (101) 573,029
Items in the course of transmission to other banks .................................. 4,383 – 4,383
Trading liabilities .................................................................................... 30,127 – 30,127
Derivatives .............................................................................................. 28,534 (655) 27,879
Debt securities in issue ............................................................................ 153,562 5,044 158,606
Retirement benefit liabilities ................................................................... – 4,982 4,982
Other liabilities ........................................................................................ 36,008 (17,513) 18,495
Liabilities to policyholders under long-term assurance business ............. – 15,168 15,168
Accruals and deferred income ................................................................. 13,760 (46) 13,714
Provisions
– deferred tax .......................................................................................... 1,670 (563) 1,107
– other provisions ................................................................................... 5,078 (2,327) 2,751
Subordinated liabilities ............................................................................ 21,197 – 21,197
Total liabilities ........................................................................................ 948,862 4,002 952,864
Equity
Called up share capital ............................................................................ 5,481 – 5,481
Share premium account ........................................................................... 4,406 – 4,406
Other reserves ......................................................................................... 21,543 – 21,543
Retained earnings .................................................................................... 43,043 (725) 42,318
Total shareholders’ equity ....................................................................... 74,473 (725) 73,748
Minority interests .................................................................................... 10,881 224 11,105
Total equity ............................................................................................. 85,354 (501) 84,853
Total equity and liabilities ....................................................................... 1,034,216 3,501 1,037,717