Annual Financial Report - 18 of 48

RNS Number : 3735B

HSBC Holdings PLC

03 April 2013

 



Profit/(loss) before tax and balance sheet data - Middle East and North Africa

	2012
	Retail    Banking and Wealth Management         US$m		Commercial    Banking         US$m		Global    Banking and     Markets         US$m		Global       Private    Banking         US$m		Other         US$m		Inter-    segment elimination85        US$m		Total         US$m
Profit/(loss) before tax
Net interest income ...............	597		492		367		1		42		(29)		1,470
Net fee income/(expense) ......	164		279		160		1		(9)		-		595
Trading income excluding net interest income ..................	68		94		208		-		3		-		373
Net interest income/(expense) on trading activities ............	-		2		30		-		(44)		29		17
Net trading income/(expense)78	68		96		238		-		(41)		29		390
Net income from financial instruments designated at fair value ............................	-		-		-		-		(12)		-		(12)
Gains less losses from financial investments .........	-		-		9		-		-		-		9
Dividend income ....................	-		-		5		-		-		-		5
Other operating income/ (expense) ...........................	(16)		21		14		1		47		(94)		(27)
Total operating income ......	813		888		793		3		27		(94)		2,430
Net insurance claims86 ............	-		-		-		-		-		-		-
Net operating income21 ......	813		888		793		3		27		(94)		2,430
Loan impairment charges and other credit risk provisions .	(55)		(110)		(119)		(2)		-		-		(286)
Net operating income .........	758		778		674		1		27		(94)		2,144
Total operating expenses .......	(561)		(311)		(264)		-		(124)		94		(1,166)
Operating profit/(loss) .......	197		467		410		1		(97)		-		978
Share of profit in associates and joint ventures ...............	55		120		171		9		17		-		372
Profit/(loss) before tax .......	252		587		581		10		(80)		-		1,350
	%		%		%		%		%				%
Share of HSBC's profit before tax ...........................	1.2		2.8		2.8		-		(0.3)				6.5
Cost efficiency ratio ..............	69.0		35.0		33.3		-		459.3				48.0
Balance sheet data74
	US$m		US$m		US$m		US$m		US$m				US$m
Loans and advances to customers (net) ..................	5,828		13,559		8,699		-		-				28,086
Total assets ............................	6,562		15,651		36,582		50		6,840		(3,080)		62,605
Customer accounts .................	19,802		12,826		6,880		3		72				39,583

	2011
	Retail      Banking and Wealth Management          US$m		Commercial       Banking          US$m		Global      Banking and      Markets          US$m		Global        Private      Banking          US$m		Other          US$m		Inter-      segment elimination85         US$m		Total          US$m
Profit/(loss) before tax
Net interest income ................	589		496		371		2		2		(28)		1,432
Net fee income/(expense) ........	173		271		173		13		(3)		-		627
Trading income/(expense) excluding net interest income	62		95		266		1		(1)		-		423
Net interest income/(expense) on trading activities .............	-		-		32		-		(1)		28		59
Net trading income/(expense)78	62		95		298		1		(2)		28		482
Net income from financial instruments designated at fair value .............................	-		-		-		-		10		-		10
Gains less losses from financial investments ..........	1		1		(7)		-		(3)		-		(8)
Dividend income .....................	1		1		3		-		-		-		5
Other operating income/ (expense) ............................	22		11		11		(1)		124		(108)		59
Total operating income ..........	848		875		849		15		128		(108)		2,607
Net insurance claims86 .............	-		-		-		-		-		-		-
Net operating income21 ...........	848		875		849		15		128		(108)		2,607
Loan impairment charges and other credit risk provisions ..	(126)		(116)		(51)		-		-		-		(293)
Net operating income .............	722		759		798		15		128		(108)		2,314
Total operating expenses ........	(535)		(320)		(295)		(21)		(96)		108		(1,159)
Operating profit/(loss) ............	187		439		503		(6)		32		-		1,155
Share of profit in associates and joint ventures ................	60		98		140		4		35		-		337
Profit/(loss) before tax ............	247		537		643		(2)		67		-		1,492
	%		%		%		%		%				%
Share of HSBC's profit before tax ............................	1.1		2.5		2.9		-		0.3				6.8
Cost efficiency ratio ...............	63.1		36.6		34.7		140.0		75.0				44.5
Balance sheet data74
	US$m		US$m		US$m		US$m		US$m				US$m
Loans and advances to customers (net) ...................	4,921		12,446		8,479		26		3				25,875
Total assets .............................	6,549		14,556		34,676		72		4,792		(3,181)		57,464
Customer accounts ..................	18,549		10,943		6,703		114		113				36,422

For footnotes, see page 120.

 

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