HSBC 2015 Annual Report Download - page 89

HSBC HOLDINGS PLC
87
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Profit/(loss) before tax and balance sheet data – Middle East and North Africa
2015
Retail
Banking
and Wealth
Management
$m
Commercial
Banking
$m
Global
Banking and
Markets
$m
Global
Private
Banking
$m
Other
$m
Inter-
segment
elimination44
$m
Total
$m
Profit/(loss) before tax
Net interest income 587 451 478 −3 12 1,531
Net fee income/(expense) 176 249 213 −(5) − 633
Trading income excluding net interest
income 51 62 216 − − − 329
Net interest income/(expense) on
trading activities − − 8 − − (12) (4)
Net trading income40 51 62 224 − − (12) 325
Net expense from financial instruments
designated at fair value − − − − 6 − 6
Gains less losses from financial
investments 7 5 5 − − − 17
Dividend income 1 1 7 − − − 9
Other operating income 12 11 25 −99 (103) 44
Total operating income 834 779 952 −103 (103) 2,565
Net insurance claims45 − − − − − − −
Net operating income1 834 779 952 −103 (103) 2,565
Loan impairment (charges)/recoveries
and other credit risk provisions (121) (183) 5 − − − (299)
Net operating income 713 596 957 −103 (103) 2,266
Total operating expenses (557) (357) (286) −(137) 103 (1,234)
Operating profit/(loss) 156 239 671 −(34) − 1,032
Share of profit in associates
and joint ventures 116 169 202 16 2 − 505
Profit/(loss) before tax 272 408 873 16 (32) − 1,537
% %%%% %
Share of HSBC’s profit before tax 1.4 2.2 4.6 0.1 (0.2) 8.1
Cost efficiency ratio 66.8 45.8 30.0 −133.0 48.1
Balance sheet data30
$m $m $m $m $m $m
Loans and advances to customers (net) 6,374 13,695 9,825 − − 29,894
Total assets 7,194 15,546 35,929 92 3,067 (2,592) 59,236
Customer accounts 17,172 12,192 6,901 −203 36,468