HSBC 2007 Annual Report Download - page 170

HSBC HOLDINGS PLC
Report of the Directors: Financial Review (continued)
Other financial information > Average balance sheet
168
Total equity and liabilities (continued)
Year ended 31 December
2007 2006 2005
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
US$m US$m % US$m US$m % US$m US$m %
Customer accounts5
Europe HSBC Bank ..................... 270,965 10,576 3.90 221,369 7,031 3.18 186,996 5,359 2.87
HSBC Private Banking
Holdings (Suisse) ........ 30,955 1,485 4.80 25,346 1,069 4.22
19,908 622 3.12
HSBC France .................. 31,845 1,226 3.85 23,579 752 3.19 24,538 611 2.49
Hong Kong Hang Seng Bank .............. 61,227 1,900 3.10 54,267 1,712 3.15 51,460 874 1.70
The Hongkong and
Shanghai Banking
Corporation ................. 125,478 3,499 2.79 104,441 2,934 2.81
95,496 1,322 1.38
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 76,052 2,645 3.48 56,760 1,903 3.35
48,997 1,293 2.64
HSBC Bank Malaysia ..... 8,823 260 2.95 7,260 212 2.92 6,123 157 2.56
HSBC Bank Middle East 15,685 578 3.69 11,713 411 3.51 8,696 207 2.38
North America HSBC Bank USA ............ 78,138 3,051 3.90 71,031 2,490 3.51 60,795 1,385 2.28
HSBC Bank Canada ........ 30,060 1,090 3.63 25,277 804 3.18 21,635 475 2.20
Latin America HSBC Mexico ................. 14,230 548 3.85 13,625 471 3.46 8,272 188 2.27
Brazilian operations3 ....... 19,581 2,163 11.05 14,887 2,056 13.81 10,790 1,859 17.23
HSBC Bank Panama ....... 7,604 314 4.13 998 34 3.41 736 17 2.31
HSBC Bank Argentina .... 1,892 85 4.49 983 41 4.17 903 28 3.10
Other operations .......................................... 55,351 2,297 4.15 49,846 1,811 3.63
44,080 1,256 2.85
827,886 31,717 3.83 681,382 23,731 3.48 589,425 15,653 2.66
Debt securities in issue
Europe HSBC Bank ..................... 64,168 3,753 5.85 45,870 2,047 4.46
28,620 1,817 6.35
HSBC France .................. 28,757 1,207 4.20 19,818 633 3.19
14,271 314 2.20
HSBC Finance ................. 240 18 7.50 548 32 5.84
3,330 77 2.31
Hong Kong Hang Seng Bank .............. 1,734 80 4.61 1,622 64 3.95
1,523 53 3.48
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 8,979 559 6.23 7,990 438 5.48
6,523 315 4.83
HSBC Bank Malaysia ..... 318 13 4.09 371 13 3.50
572 16 2.80
HSBC Bank Middle East 2,086 119 5.70 –– –
– – –
North America HSBC Bank USA ............ 25,724 1,232 4.79 28,832 1,407 4.88
25,537 1,073 4.20
HSBC Finance ................. 115,520 5,311 4.60 112,353 5,047 4.49
75,913 3,399 4.48
HSBC Bank Canada ........ 14,771 640 4.33 10,616 460 4.33
7,963 268 3.37
Latin America HSBC Mexico ................. 1,147 110 9.59 249 23 9.24
4,585 285 6.22
Brazilian operations3 ....... 1,417 115 8.12 700 70 10.00 401 67 16.71
HSBC Bank Panama ....... 607 45 7.41 35 2 5.71
– – –
HSBC Bank Argentina .... 12 – – –– –
7 1 14.29
Other operations .......................................... 6,446 (13) (0.20) 3,070 108 3.52
6,834 90 1.32
271,926 13,189 4.85 232,074 10,344 4.46
176,079 7,775 4.42
For footnotes, see page 173.