HSBC 2010 Annual Report Download - page 309

307
Overview Operating & Financial Review Governance Financial Statements Shareholder Information
15 Trading assets
2010 2009
US$m US$m
Trading assets:
– not subject to repledge or resale by counterparties .......................................................................... 284,940 320,155
– which may be repledged or resold by counterparties ...................................................................... 100,112 101,226
385,052 421,381
Treasury and other eligible bills ............................................................................................................... 25,620 22,346
Debt securities .......................................................................................................................................... 168,268 201,598
Equity securities ....................................................................................................................................... 41,086 35,311
Trading securities at fair value ................................................................................................................. 234,974 259,255
Loans and advances to banks ................................................................................................................... 70,456 78,126
Loans and advances to customers ............................................................................................................ 79,622 84,000
385,052 421,381
Trading securities valued at fair value
Fair value1
2010 2009
US$m US$m
US Treasury and US Government agencies2 ............................................................................................ 20,239 17,620
UK Government ........................................................................................................................................ 17,036 12,113
Hong Kong Government .......................................................................................................................... 11,053 10,649
Other government ..................................................................................................................................... 92,826 94,264
Asset-backed securities3 ........................................................................................................................... 3,998 5,308
Corporate debt and other securities .......................................................................................................... 48,736 83,990
Equity securities ....................................................................................................................................... 41,086 35,311
234,974 259,255
1 Included within these figures are debt securities issued by banks and other financial institutions of US$37,170m (2009: US$41,466m), of
which US$8,330m (2009: US$7,280m) are guaranteed by various governments.
2 Includes securities that are supported by an explicit guarantee issued by the US Government.
3 Excludes asset-backed securities included under US Treasury and US Government agencies.
Trading securities listed on a recognised exchange and unlisted
Treasury
and other
eligible bills
Debt
securities
Equity
securities Total
US$m US$m US$m US$m
Fair value at 31 December 2010
Listed on a recognised exchange1 ................................................ 698 113,878 40,098 154,674
Unlisted ......................................................................................... 24,922 54,390 988 80,300
25,620 168,268 41,086 234,974
Fair value at 31 December 2009
Listed on a recognised exchange1 ................................................ 3,107 159,030 33,428 195,565
Unlisted ......................................................................................... 19,239 42,568 1,883 63,690
22,346 201,598 35,311 259,255
1 Included within listed investments are US$3,254m (2009: US$3,229m) of investments listed in Hong Kong.
Loans and advances to banks held for trading
2010 2009
US$m US$m
Reverse repos ............................................................................................................................................ 45,771 50,357
Settlement accounts .................................................................................................................................. 5,226 10,128
Stock borrowing ....................................................................................................................................... 6,346 4,711
Other ......................................................................................................................................................... 13,113 12,930
70,456 78,126