HSBC 2010 Annual Report Download - page 123

121
Overview Operating & Financial Review Governance Financial Statements Shareholder Information
Movement in impairment allowances by industry sector
(Audited)
2010 2009 2008 2007 2006
US$m US$m US$m US$m US$m
Impairment allowances at 1 January ........................................... 25,649 23,972 19,212 13,585 11,366
Amounts written off .................................................................... (19,300) (24,840) (17,955) (12,844) (9,473)
Personal2 .................................................................................. (16,458) (22,703) (16,625) (11,670) (8,281)
– residential mortgages2 ...................................................... (4,163) (4,704) (2,110) (930) (628)
– other personal2 .................................................................. (12,295) (17,999) (14,515) (10,740) (7,653)
Corporate and commercial ...................................................... (2,789) (1,984) (1,294) (1,163) (1,153)
– commercial, industrial and international trade ................ (1,050) (1,093) (789) (897) (782)
– commercial real estate and other property-related .......... (1,280) (327) (115) (98) (111)
– other commercial ............................................................. (459) (564) (390) (168) (260)
Financial35 ................................................................................ (53) (153) (36) (11) (39)
Recoveries of amounts written off in previous years .................. 1,020 890 834 1,005 779
Personal ................................................................................... 846 712 686 837 605
– residential mortgages ....................................................... 93 61 19 19 19
– other personal ................................................................... 753 651 667 818 586
Corporate and commercial ...................................................... 156 170 142 157 163
– commercial, industrial and international trade ................ 92 123 76 74 88
– commercial real estate and other property-related .......... 21 9 6 29 21
– other commercial ............................................................. 43 38 60 54 54
Financial35 ................................................................................ 18 8 6 11 11
Charge to income statement36 ...................................................... 13,548 24,942 24,131 17,177 10,547
Personal ................................................................................... 11,187 19,781 20,950 15,968 9,929
– residential mortgages ....................................................... 3,461 4,185 5,000 1,840 1,096
– other personal ................................................................... 7,726 15,596 15,950 14,128 8,833
Corporate and commercial ...................................................... 2,198 4,711 2,879 1,176 664
– commercial, industrial and international trade ................ 909 2,392 1,573 897 503
– commercial real estate and other property-related .......... 660 1,492 755 152 75
– other commercial ............................................................. 629 827 551 127 86
Financial35 ................................................................................ 163 450 302 36 (9)
Governments ........................................................................... – – – (3) (37)
Exchange and other movements .................................................. (676) 685 (2,250) 289 366
At 31 December2 ........................................................................ 20,241 25,649 23,972 19,212 13,585
Impairment allowances against banks:
– individually assessed ............................................................ 158 107 63 7 7
Impairment allowances against customers:
– individually assessed ............................................................ 6,457 6,494 3,284 2,699 2,565
– collectively assessed2 ........................................................... 13,626 19,048 20,625 16,506 11,013
At 31 December2 ......................................................................... 20,241 25,649 23,972 19,212 13,585
% % % % %
Impairment allowances against customers as a percentage of
loans and advances to customers:
– individually assessed ............................................................ 0.66
0.70 0.34 0.27 0.29
– collectively assessed ............................................................. 1.39
2.07 2.16 1.65 1.25
At 31 December ........................................................................... 2.05
2.77 2.50 1.92 1.54
For footnotes, see page 174.