HSBC 2006 Annual Report Download - page 397

395
40 Notes on the cash flow statement
Non-cash items included in profit before tax
HSBC HSBC Holdings
2006 2005 2004 2006 2005
US$m US$m US$m US$m US$m
Depreciation, amortisation and impairment ............... 2,528 2,213 2,225 – 11
Revaluations on investment property ......................... (164) (201) (99) – –
Share-based payment expense .................................... 854 540 450 58 13
Loan impairment losses gross of recoveries ............... 11,331 8,295 7,104 – –
Provisions for liabilities and charges .......................... 498 327 1,181 – –
Impairment of financial investments .......................... 21 – (105) – (11)
Charge for defined benefit pension schemes .............. 664 676 825 –
Accretion of discounts and amortisation of premiums (776) (446) (175) – –
14,956 11,404 11,406 58 13
Change in operating assets
HSBC HSBC Holdings
2006 2005 2004 2006 2005
US$m US$m US$m US$m US$m
Change in loans to HSBC undertakings ..................... – – – (1,060) 2,544
Change in prepayments and accrued income ............. (2,478) 7,121 (5,329) (22) (14)
Change in net trading securities and net derivatives .. (13,620) 4,940 2,695 (740) 1,052
Change in loans and advances to banks ..................... (11,505) 307 10,825 – –
Change in loans and advances to customers .............. (132,987) (80,150) (139,072) – –
Change in financial assets designated at fair value .... (4,883) (15,048) – – –
Change in other assets ................................................ (7,796) (8,923) (2,262) (5) (19)
(173,269) (91,753) (133,143) (1,827) 3,563
Change in operating liabilities
HSBC HSBC Holdings
2006 2005 2004 2006 2005
US$m US$m US$m US$m US$m
Change in accruals and deferred income .................... 3,549 (3,810) 2,578 16 (77)
Change in deposits by banks ...................................... 28,378 (14,328) 12,187 – –
Change in customer accounts ..................................... 149,849 46,394 104,877 – –
Change in debt securities in issue ............................... 42,253 (19,047) 52,256 – –
Change in financial liabilities designated at fair value 8,382 61,837 – 700 12,448
Change in other liabilities ........................................... 4,967 1,166 3,605 340 (16,771)
237,378 72,212 175,503 1,056 (4,400)
Cash and cash equivalents
HSBC HSBC Holdings
2006 2005 2004 2006 2005
US$m US$m US$m US$m US$m
Cash at bank with HSBC undertakings ...................... – – – 729 756
Cash and balances at central banks ............................ 12,732 13,712 9,944 – –
Items in the course of collection from other banks .... 14,144 11,300 6,338 – –
Loans and advances to banks of one month or less ... 162,998 100,527 117,658 – –
Treasury bills, other bills and certificates of deposit
less than three months ............................................ 38,237 22,790 32,317 – –
Less: items in the course of transmission to other banks
................................................................................. (12,625) (7,022) (5,301) – –
Total cash and cash equivalents ................................. 215,486 141,307 160,956 729 756