HSBC 2012 Annual Report Download - page 425

423
Shareholder Information Financial Statements Corporate Governance Operating & Financial Review Overview
Movement of deferred tax assets and liabilities before offsetting balances within countries
Retirement
benefits
Loan
impairment
provisions
Unused tax
losses and
tax credits
Accelerated
capital
allowances
Available-
for-sale
investments
Cash flow
hedges
Share-
based
payments
Assets
leased to
customers
Revaluation
of property
Fee
income Other Total
US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m
2012
Assets ......................................................... 742 4,448 1,328 117 – 487 286 14 – – 1,709 9,131
Liabilities ................................................... (107) – – – (557) (137) – (595) (227) (737) (563) (2,923)
At 1 January .............................................. 635 4,448 1,328 117 (557) 350 286 (581) (227) (737) 1,146 6,208
Acquisitions and disposals ........................ – – – – – – – – – – 3 3
Income statement ....................................... (313) (590) (692) 168 (270) (9) (52) 569 111 616 957 495
Other comprehensive income .................... 174 – (33) – (395) (90) – – – – – (344)
Equity ........................................................ – – – – – – 45 – – – – 45
Foreign exchange and other adjustments .. (27) 54 14 (50) 19 (10) 26 24 19 16 (31) 54
At 31 December ....................................... 469 3,912 617 235 (1,203) 241 305 12 (97) (105) 2,075 6,461
Assets ......................................................... 469 3,912 617 289 – 285 305 184 – – 2,965 9,026
Liabilities ................................................... – – – (54) (1,203) (44) – (172) (97) (105) (890) (2,565)
2011
Assets ......................................................... 1,538 4,799 351 109 11 352 241 – – – 957 8,358
Liabilities ................................................... – – (3) (126) (135) (88) – (707) (225) (756) (400) (2,440)
At 1 January .............................................. 1,538 4,799 348 (17) (124) 264 241 (707) (225) (756) 557 5,918
Acquisitions and disposals ........................ 3 – 11 – (3) (5) 1 – 22 – (6) 23
Income statement ....................................... (437) (224) 945 137 10 14 1 93 (36) 17 627 1,147
Other comprehensive income .................... (322) – – – (533) 53 – – – – – (802)
Equity ........................................................ – – – – – – 27 – – – – 27
Foreign exchange and other adjustments .. (147) (127) 24 (3) 93 24 16 33 12 2 (32) (105)
At 31 December ......................................... 635 4,448 1,328 117 (557) 350 286 (581) (227) (737) 1,146 6,208
Assets ......................................................... 742 4,448 1,328 117 – 487 286 14 – – 1,709 9,131
Liabilities ................................................... (107) – – – (557) (137) – (595) (227) (737) (563) (2,923)