HSBC 2012 Annual Report Download - page 212

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Risk > Liquidity and funding > Contingent liquidity risk / Encumbered and unencumbered assets
210
Funding sources and uses
(Audited)
2012 2011 2012 2011
US$m US$m US$m US$m
Sources Uses
Customer accounts ....................... 1,340,014 1,253,925 Loans and advances to customers 997,623 940,429
– repos .......................................... 28,618 30,785 – reverse repos .............................. 34,651 41,419
– cash deposits ............................. 1,311,396 1,223,140 – loans or other receivables .......... 962,972 899,010
Deposits by banks ........................ 107,429 112,822 Loans and advances to banks ....... 152,546 180,987
– repos .......................................... 11,949 17,617 – reverse repos .............................. 35,461 41,909
– cash deposits ............................. 95,480 95,205 – loans or other receivables .......... 117,085 139,078
Debt securities issued .................. 119,461 131,013 Assets held for sale ....................... 19,269 39,558
Liabilities of disposal groups Trading assets ............................... 408,811 330,451
held for sale ............................... 5,018 22,200 – reverse repos .............................. 118,681 79,848
– stock borrowing ......................... 16,071 9,459
Subordinated liabilities ................ 29,479 30,606 – other trading assets .................... 274,059 241,144
Financial liabilities designated at
fair value ................................... 87,720 85,724 Financial investments ................... 421,101 400,044
Liabilities under insurance Cash and balances with
contracts .................................... 68,195 61,259 central banks .............................. 141,532 129,902
Trading liabilities ......................... 304,563 265,192 Net deployment in other
– repos .......................................... 130,223 86,838 balance sheet assets and
– stock lending ............................. 6,818 4,595 liabilities .................................... 104,126 107,463
– other trading liabilities .............. 167,522 173,759
Total equity .................................. 183,129 166,093
2,245,008 2,128,834 2,245,008 2,128,834
Wholesale funding cash flows payable by HSBC under financial liabilities by remaining contractual maturities
(Unaudited)
On
demand
Due
within
3 months
Due
within
3 to 12
months
Total due
within
1 year
Due
between
1 and 5
years
Due
after
5 years Total
US$m US$m US$m US$m US$m US$m US$m
At 31 December 2012
Debt securities issued ................. 2,419 41,139 50,697 94,255 97,198 31,217 222,670
Unsecured CDs and CP .............. – 22,158 10,125 32,283 5,344 – 37,627
Unsecured senior MTNs ............. 1 6,306 33,363 39,670 68,949 23,478 132,097
Unsecured senior structured
notes ........................................ 2,234 1,329 3,978 7,541 6,942 5,325 19,808
Secured covered bonds ............... – 51 2,467 2,518 8,840 542 11,900
Secured ABCP ............................ – 10,358 – 10,358 – – 10,358
Secured ABS ............................... 16 782 646 1,444 4,557 707 6,708
Others .......................................... 168 155 118 441 2,566 1,165 4,172
Subordinated liabilities ............... 7 838 1,864 2,709 14,641 77,930 95,280
Subordinated debt securities ....... 7 573 1,509 2,089 12,625 57,503 72,217
Preferred securities ..................... – 265 355 620 2,016 20,427 23,063
2,426 41,977 52,561 96,964 111,839 109,147 317,950