HSBC 2012 Annual Report Download - page 174

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Risk > Credit risk > Impairment of loans and advances
172
Further analysis of impairment
Movement in impairment allowances by industry sector and by geographical region
(Unaudited)
Europe
Hong
Kong
Rest of
Asia-
Pacific MENA
North
America
Latin
America Total
US$m US$m US$m US$m US$m US$m US$m
Impairment allowances at 1 January 2012 ................ 5,292 581 782 1,731 7,239 2,011 17,636
Amounts written off ................................................. (2,375) (219) (540) (305) (4,181) (2,192) (9,812)
Personal .................................................................. (828) (128) (347) (126) (3,862) (1,614) (6,905)
– first lien residential mortgages ........................ (28) –(7) (2) (1,952) (70) (2,059)
– other personal1 ................................................. (800) (128) (340) (124) (1,910) (1,544) (4,846)
Corporate and commercial ..................................... (1,428) (91) (193) (154) (234) (577) (2,677)
– manufacturing and international trade
and services ...................................................... (661) (91) (164) (137) (59) (498) (1,610)
– commercial real estate and other property-
related ............................................................... (377) –(8) (6) (97) (18) (506)
– other commercial9 ............................................ (390) –(21) (11) (78) (61) (561)
Financial2 ............................................................... (119) – – (25) (85) (1) (230)
Recoveries of amounts written off in previous
years ....................................................................... 409 31 150 75 129 352 1,146
Personal .................................................................. 354 30 132 50 88 312 966
– first lien residential mortgages ........................ 34 4 2 5 46 49 140
– other personal1 ................................................. 320 26 130 45 42 263 826
Corporate and commercial ..................................... 51 1 18 25 38 39 172
– manufacturing and international trade
and services ...................................................... 16 1527 28 59
– commercial real estate and other property-
related ............................................................... 9 – 11 –19 2 41
– other commercial9 ............................................ 26 – 2 23 12 9 72
Financial2 ............................................................... 4 – – – 3 1 8
Charge to income statement ..................................... 1,874 84 340 255 3,462 2,145 8,160
Personal .................................................................. 348 96 234 57 3,228 1,399 5,362
– first lien residential mortgages ........................ (56) (11) 14 71,986 (30) 1,910
– other personal1 ................................................. 404 107 220 50 1,242 1,429 3,452
Corporate and commercial ..................................... 1,547 (14) 102 169 252 746 2,802
– manufacturing and international trade
and services ...................................................... 670 (12) 32 80 62 625 1,457
– commercial real estate and other property-
related ............................................................... 444 755 62 94 28 690
– other commercial9 ............................................ 433 (9) 15 27 96 93 655
Financial2 ............................................................... (21) 2 4 29 (18) – (4)
Exchange and other movements18 ............................ 161 (4) 14 55 (1,033) (154) (961)
At 31 December 2012............................................... 5,361 473 746 1,811 5,616 2,162 16,169
Impairment allowances against banks:
– individually assessed ......................................... 40 – – 17 – – 57
Impairment allowances against customers:
– individually assessed ......................................... 3,781 192 442 1,323 428 406 6,572
– collectively assessed17 ....................................... 1,540 281 304 471 5,188 1,756 9,540
At 31 December 2012............................................... 5,361 473 746 1,811 5,616 2,162 16,169