HSBC 2012 Annual Report Download - page 432

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
12 – Segmental analysis
430
Other information about the profit/(loss) for the year
Europe
Hong
Kong
Rest of
Asia-
Pacific MENA
North
America
Latin
America
Intra-
HSBC
items Total
US$m US$m US$m US$m US$m US$m US$m US$m
2012
Net operating income ................. 15,687 12,348 13,148 2,144 11,236 8,814 (3,358) 60,019
External ................................. 14,484 11,233 12,150 2,169 11,109 8,874 – 60,019
Inter-segment ......................... 1,203 1,115 998 (25) 127 (60) (3,358) –
Profit for the year includes the
following significant
non-cash items:
Depreciation, amortisation
and impairment .................. 966 416 233 55 363 499 – 2,532
Loan impairment losses gross
of recoveries and other
credit risk provisions ......... 2,329 105 586 361 3,587 2,489 – 9,457
Impairment of financial
investments ........................ 420 (21) 83 1 32 4 – 519
Changes in fair value of
long-term debt and related
derivatives ............................. (3,091) – (4) (13) (1,219) – – (4,327)
Restructuring costs .................... 292 21 107 27 219 94 – 760
2011
Net operating income ................. 21,734 10,526 10,446 2,314 8,984 9,570 (3,421) 60,153
External ................................. 20,676 9,442 9,396 2,316 8,744 9,579 – 60,153
Inter-segment ......................... 1,058 1,084 1,050 (2) 240 (9) (3,421) –
Profit for the year includes the
following significant
non-cash items:
Depreciation, amortisation
and impairment .................. 975 424 249 42 802 643 – 3,135
Loan impairment losses gross
of recoveries and other
credit risk provisions ......... 3,085 202 453 395 7,147 2,271 – 13,553
Impairment of financial
investments ........................ 705 55 25 13 9 1 – 808
Changes in fair value of
long-term debt and related
derivatives ............................. 3,180 – 4 10 967 – – 4,161
Restructuring costs .................... 357 47 34 27 73 259 – 797
2010
Net operating income ................. 19,730 10,088 8,793 1,783 8,752 8,187 (3,125) 54,208
External ................................. 18,881 9,170 7,728 1,774 8,504 8,151 – 54,208
Inter-segment ......................... 849 918 1,065 9 248 36 (3,125) –
Profit for the year includes the
following significant
non-cash items:
Depreciation, amortisation
and impairment .................. 1,071 404 243 49 576 458 – 2,801
Loan impairment losses gross
of recoveries and other
credit risk provisions ......... 3,303 169 615 684 8,476 1,812 – 15,059
Impairment of financial
investments ........................ 33 41 4 5 21 1 – 105
Changes in fair value of
long-term debt and related
derivatives ............................. (365) (2) (2) – 111 – – (258)
Restructuring costs .................... 86 15 36 5 13 3 – 158