HSBC 2015 Annual Report Download - page 338

Financial Statements
Financial Statements / Consolidated income statement
HSBC HOLDINGS PLC
336
Financial Statements
Consolidated income statement 337
Consolidated statement of comprehensive income 338
Consolidated balance sheet 339
Consolidated statement of cash flows 340
Consolidated statement of changes in equity 341
HSBC Holdings balance sheet 343
HSBC Holdings statement of cash flows 344
HSBC Holdings statement of changes in equity 345
Notes on the Financial
Statements
1 Basis of preparation and significant accounting
policies 347
2 Net income from financial instruments
designated at fair value 359
3 Net insurance premium income 359
4 Net insurance claims and benefits paid and
movement in liabilities to policyholders 360
5 Operating profit 361
6 Employee compensation and benefits 361
7 Auditors’ remuneration 368
8 Tax 369
9 Dividends 371
10 Earnings per share 372
11 Segmental analysis 373
12 Trading assets 377
13 Fair values of financial instruments carried at
fair value 378
14 Fair values of financial instruments not carried at
fair value 390
15 Financial assets designated at fair value 393
16 Derivatives 394
17 Financial investments 398
18 Assets charged as security for liabilities, assets
transferred and collateral accepted as security
for assets 401
19 Interests in associates and joint ventures 402
20 Goodwill and intangible assets 406
21 Investments in subsidiaries 414
22 Prepayments, accrued income and other assets 416
23 Assets held for sale and liabilities of disposal
groups held for sale 416
24 Trading liabilities 417
25 Financial liabilities designated at fair value 418
26 Debt securities in issue 418
27 Accruals, deferred income and other liabilities 419
28 Liabilities under insurance contracts 419
29 Provisions 421
30 Subordinated liabilities 423
31 Maturity analysis of assets, liabilities and
off-balance sheet commitments 426
32 Offsetting of financial assets and financial liabilities 434
33 Foreign exchange exposures 436
34 Non-controlling interests 436
35 Called up share capital and other equity
instruments 437
36 Notes on the statement of cash flows 439
37 Contingent liabilities, contractual commitments
and guarantees 441
38 Lease commitments 442
39 Structured entities 442
40 Legal proceedings and regulatory matters 445
41 Related party transactions 454
42 Events after the balance sheet date 457
43 HSBC Holdings’ subsidiaries, joint ventures and
associates 457