HSBC 2007 Annual Report Download - page 471

469
Hong Kong 60, 64
Latin America 111, 117
North America 92, 99
Rest of Asia-Pacific 74, 81
Economic profit 163
Employees 307
compensation and benefits 317, 365
disabled 308
involvement 308
remuneration policy 308
Enforceability of judgements made in the US 453
Enquiries (from shareholders) 457
Equity 441
Europe
balance sheet data 43, 56
business performance 44, 50
competitive environment 38
economic briefing 44, 49
lending 207
loan impairment charges 226, 230, 237
profit/(loss) 42, 43, 56
regulation and supervision (UK) 193
Events after the balance sheet date 452
Exchange controls and other limitations affecting
equity security holders 453
Fee income (net) 141
Fair value
accounting policy 348
Financial assets
designated at fair value 398
net exposure to credit risk 205
Financial assets and liabilities
by measurement basis 393
accounting policy 355
Financial guarantee contracts
accounting policy 359
Financial highlights 1
Financial instruments designated at fair value
accounting policy 352
fair value 426
net income from 146, 362
critical accounting policy (valuation) 134
Financial investments 403
accounting policy 352
concentration of exposure 205
gains less losses from 148
Financial liabilities designated at fair value 417
Financial risks (insurance) 271
Financial statements 336
Five-year comparison 3
Foreign exchange
accounting policy 359
exposures 256, 435
rates 3
Funds under management 162
Geographical regions 36
Global Banking and Markets
business highlights 25
performance in Europe 48, 54
performance in Hong Kong 63, 67
performance in Latin America 116, 122
performance in North America 98, 104
performance in Rest of Asia-Pacific 80, 85
products and services 127
strategic direction 25
Glossary 464
Goodwill
accounting policy 356
and intangible assets 409
critical accounting policy 133
Governance codes 299
HSBC Holdings/New York Stock Exchange
corporate governance differences 299
Group Chairman’s Statement 6
Health and safety 319
History and development of HSBC 461
Hong Kong
balance sheet data 59, 69
business performance 60, 64
competitive environment 39
economic briefing 60, 64
lending 207
loan impairment charges 227, 230, 237
profit/(loss) 59, 69
regulation and supervision 193
HSBC Holdings plc
balance sheet 341
cash flow 343
credit risk 240
dividends 454
employee emoluments 376
fair value of financial instruments 430
financial assets and liabilities 396
liquidity and funding management 247
maturity analysis of assets and liabilities 434
related party transactions 451
statement of changes in total equity 342
structural foreign exchange exposures 256
subordinated liabilities 425
Impairment
accounting policy 349
allowances and charges 153, 225, 229, 235
assessment 201
collectively assessed 202
critical accounting policy 132
individually assessed 201
loan write-offs 203
losses as percentage of loans and advances 240
movement by industry and geographical
region 230
Income statement
consolidated 135, 337
Information on HSBC (availability thereof) 458
Insurance
accounting policy 360
claims incurred (net) and movements in
liabilities to policyholders 152, 364
liabilities under contracts issued 419
net earned premiums 149, 363
risk management 264
Interest income (net) 138
accounting policy 347
analysis of changes in 171
average balance sheet 164