HSBC profit/(loss) before tax and balance sheet data
|
|
Half-year to 30 June 2015 |
||||||||||||
|
|
Retail Banking Management |
|
Commercial Banking |
|
Global |
|
Global |
|
Other13 $m |
|
Inter- elimination19 $m |
|
Total |
Profit before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) |
|
8,054 |
|
4,892 |
|
3,629 |
|
454 |
|
(397) |
|
(188) |
|
16,444 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income/(expense) |
|
3,334 |
|
2,168 |
|
1,711 |
|
527 |
|
(15) |
|
− |
|
7,725 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- trading income/(expense) excluding net interest income |
|
295 |
|
308 |
|
2,880 |
|
175 |
|
(138) |
|
- |
|
3,520 |
- net interest income/(expense) |
|
(5) |
|
(7) |
|
863 |
|
(1) |
|
15 |
|
188 |
|
1,053 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income/(expense)6 |
|
290 |
|
301 |
|
3,743 |
|
174 |
|
(123) |
|
188 |
|
4,573 |
Net income from financial instruments designated at fair value |
|
1,237 |
|
128 |
|
638 |
|
− |
|
663 |
|
- |
|
2,666 |
Gains less losses from financial investments |
|
51 |
|
27 |
|
402 |
|
24 |
|
1,370 |
|
- |
|
1,874 |
Dividend income |
|
11 |
|
10 |
|
17 |
|
4 |
|
26 |
|
- |
|
68 |
Net insurance premium income |
|
4,950 |
|
624 |
|
3 |
|
30 |
|
− |
|
- |
|
5,607 |
Other operating income |
|
609 |
|
100 |
|
120 |
|
2 |
|
3,163 |
|
(3,158) |
|
836 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income |
|
18,536 |
|
8,250 |
|
10,263 |
|
1,215 |
|
4,687 |
|
(3,158) |
|
39,793 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims |
|
(6,094) |
|
(716) |
|
(2) |
|
(38) |
|
− |
|
− |
|
(6,850) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income15 |
|
12,442 |
|
7,534 |
|
10,261 |
|
1,177 |
|
4,687 |
|
(3,158) |
|
32,943 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment (charges)/ |
|
(934) |
|
(511) |
|
11 |
|
(5) |
|
- |
|
- |
|
(1,439) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income |
|
11,508 |
|
7,023 |
|
10,272 |
|
1,172 |
|
4,687 |
|
(3,158) |
|
31,504 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- employee expenses20 |
|
(2,571) |
|
(1,171) |
|
(1,994) |
|
(350) |
|
(3,955) |
|
- |
|
(10,041) |
- other operating income/ (expense) |
|
(5,783) |
|
(2,150) |
|
(3,796) |
|
(651) |
|
76 |
|
3,158 |
|
(9,146) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
(8,354) |
|
(3,321) |
|
(5,790) |
|
(1,001) |
|
(3,879) |
|
3,158 |
|
(19,187) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit |
|
3,154 |
|
3,702 |
|
4,482 |
|
171 |
|
808 |
|
- |
|
12,317 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates |
|
208 |
|
821 |
|
272 |
|
9 |
|
1 |
|
- |
|
1,311 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before tax |
|
3,362 |
|
4,523 |
|
4,754 |
|
180 |
|
809 |
|
- |
|
13,628 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
Share of HSBC's profit before tax |
|
24.7 |
|
33.2 |
|
34.9 |
|
1.3 |
|
5.9 |
|
|
|
100.0 |
Cost efficiency ratio |
|
67.1 |
|
44.1 |
|
56.4 |
|
85.0 |
|
82.8 |
|
|
|
58.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$m |
|
$m |
|
$m |
|
$m |
|
$m |
|
|
|
$m |
Loans and advances to customers (net) |
|
352,189 |
|
310,256 |
|
244,321 |
|
44,242 |
|
2,977 |
|
|
|
953,985 |
Reported in held for sale |
|
6,640 |
|
10,325 |
|
4,016 |
|
43 |
|
− |
|
|
|
21,024 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
497,199 |
|
378,641 |
|
1,790,461 |
|
85,740 |
|
167,946 |
|
(348,274) |
|
2,571,713 |
Customer accounts |
|
589,715 |
|
362,069 |
|
299,181 |
|
82,878 |
|
1,957 |
|
|
|
1,335,800 |
Reported in held for sale |
|
9,549 |
|
4,694 |
|
3,438 |
|
1,751 |
|
− |
|
|
|
19,432 |
HSBC profit/(loss) before tax and balance sheet data (continued)
|
|
Half-year to 30 June 2014 |
||||||||||||
|
|
Retail Banking and Wealth Management9 $m |
|
Commercial Banking9 $m |
|
Global |
|
Global |
|
Other13 $m |
|
Inter- elimination19 $m |
|
Total |
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) |
|
8,617 |
|
4,994 |
|
3,602 |
|
536 |
|
(221) |
|
(123) |
|
17,405 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income |
|
3,377 |
|
2,327 |
|
1,939 |
|
533 |
|
1 |
|
- |
|
8,177 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- trading income/(expense) excluding net interest income |
|
(12) |
|
338 |
|
2,001 |
|
161 |
|
(126) |
|
- |
|
2,362 |
- net interest income/(expense) |
|
1 |
|
(4) |
|
789 |
|
(2) |
|
6 |
|
123 |
|
913 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income/(expense)6 |
|
(11) |
|
334 |
|
2,790 |
|
159 |
|
(120) |
|
123 |
|
3,275 |
Net income/(expense) from financial instruments designated at fair value |
|
1,078 |
|
119 |
|
743 |
|
1 |
|
(281) |
|
- |
|
1,660 |
Gains less losses from financial investments |
|
7 |
|
25 |
|
462 |
|
12 |
|
440 |
|
- |
|
946 |
Dividend income |
|
15 |
|
14 |
|
32 |
|
3 |
|
24 |
|
- |
|
88 |
Net insurance premium income |
|
5,501 |
|
615 |
|
2 |
|
19 |
|
- |
|
- |
|
6,137 |
Other operating income/(expense) |
|
378 |
|
81 |
|
222 |
|
(7) |
|
2,814 |
|
(2,950) |
|
538 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income |
|
18,962 |
|
8,509 |
|
9,792 |
|
1,256 |
|
2,657 |
|
(2,950) |
|
38,226 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims |
|
(6,346) |
|
(686) |
|
(1) |
|
(26) |
|
- |
|
- |
|
(7,059) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income15 |
|
12,616 |
|
7,823 |
|
9,791 |
|
1,230 |
|
2,657 |
|
(2,950) |
|
31,167 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment (charges)/ |
|
(1,299) |
|
(488) |
|
(49) |
|
(6) |
|
1 |
|
- |
|
(1,841) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income |
|
11,317 |
|
7,335 |
|
9,742 |
|
1,224 |
|
2,658 |
|
(2,950) |
|
29,326 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- employee expenses20 |
|
(2,544) |
|
(1,147) |
|
(1,806) |
|
(363) |
|
(4,118) |
|
- |
|
(9,978) |
- other operating income/ (expense) |
|
(5,986) |
|
(2,180) |
|
(3,152) |
|
(505) |
|
585 |
|
2,950 |
|
(8,288) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
(8,530) |
|
(3,327) |
|
(4,958) |
|
(868) |
|
(3,533) |
|
2,950 |
|
(18,266) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) |
|
2,787 |
|
4,008 |
|
4,784 |
|
356 |
|
(875) |
|
- |
|
11,060 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates |
|
215 |
|
806 |
|
249 |
|
8 |
|
2 |
|
- |
|
1,280 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
3,002 |
|
4,814 |
|
5,033 |
|
364 |
|
(873) |
|
- |
|
12,340 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of HSBC's profit before tax |
|
24.4 |
|
39.0 |
|
40.8 |
|
2.9 |
|
(7.1) |
|
|
|
100.0 |
Cost efficiency ratio |
|
67.6 |
|
42.5 |
|
50.6 |
|
70.6 |
|
133.0 |
|
|
|
58.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$m |
|
$m |
|
$m |
|
$m |
|
$m |
|
|
|
$m |
Loans and advances to customers (net) |
|
381,353 |
|
315,001 |
|
303,133 |
|
45,131 |
|
2,623 |
|
|
|
1,047,241 |
Reported in held for sale |
|
380 |
|
157 |
|
82 |
|
972 |
|
- |
|
|
|
1,591 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
526,089 |
|
375,014 |
|
2,043,767 |
|
99,379 |
|
170,802 |
|
(461,458) |
|
2,753,593 |
Customer accounts |
|
600,650 |
|
363,235 |
|
360,732 |
|
89,641 |
|
1,447 |
|
|
|
1,415,705 |
Reported in held for sale |
|
181 |
|
485 |
|
373 |
|
3,841 |
|
- |
|
|
|
4,880 |
|
|
Half-year to 31 December 2014 |
||||||||||||
|
|
Retail Banking and Wealth Management9 $m |
|
Commercial Banking9 $m |
|
Global Banking $m |
|
Global |
|
Other13 $m |
|
Inter- elimination19 $m |
|
Total |
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) |
|
8,513 |
|
5,164 |
|
3,420 |
|
458 |
|
(280) |
|
25 |
|
17,300 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income/(expense) |
|
3,459 |
|
2,243 |
|
1,621 |
|
523 |
|
(66) |
|
- |
|
7,780 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- trading income excluding |
|
(14) |
|
280 |
|
2,062 |
|
137 |
|
26 |
|
- |
|
2,491 |
- net interest income/(expense) |
|
8 |
|
2 |
|
1,009 |
|
(2) |
|
2 |
|
(25) |
|
994 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income/(expense)6 |
|
(6) |
|
282 |
|
3,071 |
|
135 |
|
28 |
|
(25) |
|
3,485 |
Net income/(expense) from financial instruments designated at fair value |
|
606 |
|
160 |
|
(731) |
|
(2) |
|
780 |
|
- |
|
813 |
Gains less losses from financial investments |
|
7 |
|
6 |
|
655 |
|
(3) |
|
(276) |
|
- |
|
389 |
Dividend income |
|
9 |
|
4 |
|
48 |
|
2 |
|
160 |
|
- |
|
223 |
Net insurance premium income |
|
5,108 |
|
642 |
|
3 |
|
31 |
|
- |
|
- |
|
5,784 |
Other operating income/(expense) |
|
348 |
|
160 |
|
(98) |
|
40 |
|
3,362 |
|
(3,219) |
|
593 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income |
|
18,044 |
|
8,661 |
|
7,989 |
|
1,184 |
|
3,708 |
|
(3,219) |
|
36,367 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims |
|
(5,511) |
|
(736) |
|
(2) |
|
(37) |
|
- |
|
- |
|
(6,286) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income15 |
|
12,533 |
|
7,925 |
|
7,987 |
|
1,147 |
|
3,708 |
|
(3,219) |
|
30,081 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment (charges)/ |
|
(637) |
|
(1,070) |
|
(316) |
|
14 |
|
(1) |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income |
|
11,896 |
|
6,855 |
|
7,671 |
|
1,161 |
|
3,707 |
|
(3,219) |
|
28,071 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- employee expenses20 |
|
(2,582) |
|
(1,204) |
|
(1,849) |
|
(369) |
|
(4,384) |
|
- |
|
(10,388) |
- other operating expenses |
|
(6,918) |
|
(2,450) |
|
(5,221) |
|
(541) |
|
(684) |
|
3,219 |
|
(12,595) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
(9,500) |
|
(3,654) |
|
(7,070) |
|
(910) |
|
(5,068) |
|
3,219 |
|
(22,983) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) |
|
2,396 |
|
3,201 |
|
601 |
|
251 |
|
(1,361) |
|
- |
|
5,088 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates |
|
183 |
|
799 |
|
255 |
|
11 |
|
4 |
|
- |
|
1,252 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
2,579 |
|
4,000 |
|
856 |
|
262 |
|
(1,357) |
|
- |
|
6,340 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of HSBC's profit before tax |
|
40.7 |
|
63.1 |
|
13.5 |
|
4.1 |
|
(21.4) |
|
|
|
100.0 |
Cost efficiency ratio |
|
75.8 |
|
46.1 |
|
88.5 |
|
79.3 |
|
136.7 |
|
|
|
76.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data14 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$m |
|
$m |
|
$m |
|
$m |
|
$m |
|
|
|
$m |
Loans and advances to customers (net) |
|
360,704 |
|
313,039 |
|
254,463 |
|
44,102 |
|
2,352 |
|
|
|
974,660 |
Reported in held for sale |
|
198 |
|
- |
|
288 |
|
91 |
|
- |
|
|
|
577 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets |
|
500,864 |
|
370,958 |
|
1,839,644 |
|
88,342 |
|
164,537 |
|
(330,206) |
|
2,634,139 |
Customer accounts |
|
583,757 |
|
361,318 |
|
319,121 |
|
85,465 |
|
981 |
|
|
|
1,350,642 |
Reported in held for sale |
|
- |
|
- |
|
- |
|
145 |
|
- |
|
|
|
145 |
For footnotes, see page 56.