HSBC 2005 Annual Report Download - page 375

373
HSBC Holdings balance sheet at 1 January 2004 under IFRSs (except IAS 32 and IAS 39) (continued)
IFRSs numbers in UK GAAP format Reclassification IFRSs numbers in IFRSs format
US$m US$m US$m
LIABILITIES AND EQUITY
Creditors: amounts falling due within 1 year Liabilities Amounts owed to HSBC undertakings..................................................... 700 5,479 6,179 Amounts owed to HSBC undertakings
Other creditors ......................................................................................... 261 (261)
38 38 Derivatives
Dividends declared .................................................................................. 1,309 – 1,309 Other liabilities
223 223 Accruals and deferred income
82 82 Deferred taxation
2,270
Net current assets .................................................................................. 9,394 Total assets less current liabilities ........................................................ 67,834 Creditors: amounts falling due after more than 1 year Subordinated liabilities 12,815 12,815 Subordinated liabilities –owed to third parties ............................................................................ 5,970 (5,970) –owed to HSBC undertakings ................................................................ 6,845 (6,845)
Amounts owed to HSBC undertakings .................................................... 5,479 (5,479)
18,294
Provisions for liabilities and charges Deferred taxation ..................................................................................... 82 (82)
20,646 Total liabilities
Net assets 49,458 Capital and reserves Equity Called up share capital ............................................................................ 5,481 – 5,481 Called up share capital Share premium account ........................................................................... 4,406 – 4,406 Share premium account
Revaluation reserve ................................................................................. 28,942 – 28,942 Merger reserve and other reserves Reserve in respect of obligations under subsidiary share options ............ 1,659 – 1,659 Other reserves Profit and loss account ............................................................................ 8,970 – 8,970 Retained earnings
49,458 – 49,458 Total equity
70,104 Total equity and liabilities