HSBC 2011 Annual Report Download - page 171

169
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Repricing gap analysis of HSBC Holdings
(Audited)
Total
Up to
1 year
1–5 years 5–10 years
More than
10 years
Non-
interest
bearing
US$m US$m US$m US$m US$m US$m
At 31 December 2011
Cash at bank and in hand:
– balances with HSBC undertakings .............. 316 280 – – – 36
Derivatives .......................................................... 3,568 – – – – 3,568
Loans and advances to HSBC undertakings ...... 28,048 25,373 1,175 279 603 618
Financial investments ......................................... 1,078 – 300 731 – 47
Investments in subsidiaries ................................. 90,621 232 875 – – 89,514
Other assets ......................................................... 231 – – – – 231
Total assets .......................................................... 123,862 25,885 2,350 1,010 603 94,014
Amounts owed to HSBC undertakings .............. (2,479) (2,260) – – – (219)
Financial liabilities designated at fair values ..... (21,151) (2,694) (6,423) (6,157) (5,156) (721)
Derivatives .......................................................... (1,067) – – – – (1,067)
Debt securities in issue ....................................... (2,613) – (1,617) – (1,006) 10
Other liabilities ................................................... (911) – – – – (911)
Subordinated liabilities ....................................... (12,450) (776) (774) (2,070) (8,671) (159)
Total equity ......................................................... (82,183) – – – – (82,183)
Other non-interest bearing liabilities .................. (1,008) – – – – (1,008)
Total liabilities and equity .................................. (123,862) (5,730) (8,814) (8,227) (14,833) (86,258)
Off-balance sheet items attracting interest rate
sensitivity ........................................................ – (17,945) 6,405 5,749 5,048 743
Net interest rate risk gap ..................................... – 2,210 (59) (1,468) (9,182) 8,499
Cumulative interest rate gap ............................... – 2,210 2,151 683 (8,499) –
At 31 December 2010
Cash at bank and in hand:
– balances with HSBC undertakings .............. 459 339 – – – 120
Derivatives .......................................................... 2,327 – – – – 2,327
Loans and advances to HSBC undertakings ...... 21,238 19,351 – 290 605 992
Financial investments ......................................... 2,025 – 300 900 731 94
Investments in subsidiaries ................................. 92,899 1,785 875 1,164 – 89,075
Other assets ......................................................... 393 – – – – 393
Total assets .......................................................... 119,341 21,475 1,175 2,354 1,336 93,001
Amounts owed to HSBC undertakings .............. (2,932) (2,266) – – – (666)
Financial liabilities designated at fair values ..... (16,288) – (7,184) (4,740) (3,509) (855)
Derivatives .......................................................... (827) – – – – (827)
Debt securities in issue ....................................... (2,668) – (1,664) – (1,004) –
Other liabilities ................................................... (1,232) – – – – (1,232)
Subordinated liabilities ....................................... (13,313) (750) (1,579) (2,140) (8,680) (164)
Total equity ......................................................... (81,331) – – (7,450) – (73,881)
Other non-interest bearing liabilities .................. (750) – – – – (750)
Total liabilities and equity .................................. (119,341) (3,016) (10,427) (14,330) (13,193) (78,375)
Off-balance sheet items attracting interest rate
sensitivity ........................................................ – (15,302) 7,221 4,403 3,409 269
Net interest rate risk gap ..................................... – 3,157 (2,031) (7,573) (8,448) 14,895
Cumulative interest rate gap ............................... – 3,157 1,126 (6,447) (14,895) –