|
|
2013 |
|
|
Retail Banking
and Wealth
Management
US$m |
|
Commercial Banking
US$m |
|
Global
Banking and
Markets
US$m |
|
Global Private
Banking
US$m |
|
Other US$m |
|
Inter-
segment elimination55 US$m |
|
Total
US$m |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net interest income/(expense) |
|
3,776 |
|
1,828 |
|
775 |
|
24 |
|
(12) |
|
(205) |
|
6,186 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net fee income |
|
952 |
|
548 |
|
168 |
|
32 |
|
1 |
|
− |
|
1,701 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trading income/(expense) excluding net interest income |
|
138 |
|
117 |
|
456 |
|
4 |
|
(4) |
|
− |
|
711 |
Net interest income on trading activities |
|
− |
|
− |
|
20 |
|
− |
|
− |
|
205 |
|
225 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net trading income/(expense)50 |
|
138 |
|
117 |
|
476 |
|
4 |
|
(4) |
|
205 |
|
936 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Changes in fair value of long-term debt issued and related derivatives |
|
− |
|
− |
|
− |
|
− |
|
− |
|
− |
|
− |
Net income from other financial instruments designated at
fair value |
|
264 |
|
61 |
|
1 |
|
− |
|
− |
|
− |
|
326 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income from financial
instruments designated at
fair value |
|
264 |
|
61 |
|
1 |
|
− |
|
− |
|
− |
|
326 |
Gains less losses from financial investments |
|
− |
|
1 |
|
81 |
|
− |
|
− |
|
− |
|
82 |
Dividend income |
|
5 |
|
3 |
|
1 |
|
− |
|
− |
|
− |
|
9 |
Net insurance premium income |
|
1,464 |
|
360 |
|
6 |
|
− |
|
− |
|
− |
|
1,830 |
Other operating income |
|
312 |
|
485 |
|
310 |
|
1 |
|
196 |
|
(189) |
|
1,115 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating income |
|
6,911 |
|
3,403 |
|
1,818 |
|
61 |
|
181 |
|
(189) |
|
12,185 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net insurance claims56 |
|
(1,323) |
|
(291) |
|
(3) |
|
− |
|
− |
|
− |
|
(1,617) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income4 |
|
5,588 |
|
3,112 |
|
1,815 |
|
61 |
|
181 |
|
(189) |
|
10,568 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Loan impairment charges and other credit risk provisions |
|
(1,552) |
|
(1,062) |
|
(52) |
|
− |
|
− |
|
− |
|
(2,666) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net operating income |
|
4,036 |
|
2,050 |
|
1,763 |
|
61 |
|
181 |
|
(189) |
|
7,902 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total operating expenses |
|
(3,610) |
|
(1,586) |
|
(596) |
|
(60) |
|
(267) |
|
189 |
|
(5,930) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit/(loss) |
|
426 |
|
464 |
|
1,167 |
|
1 |
|
(86) |
|
− |
|
1,972 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of profit in associates and joint ventures |
|
− |
|
− |
|
− |
|
− |
|
− |
|
− |
|
− |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit/(loss) before tax |
|
426 |
|
464 |
|
1,167 |
|
1 |
|
(86) |
|
− |
|
1,972 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
% |
|
% |
|
% |
|
% |
|
% |
|
|
|
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share of HSBC's profit before tax |
|
1.9 |
|
2.0 |
|
5.2 |
|
− |
|
(0.4) |
|
|
|
8.7 |
Cost efficiency ratio |
|
64.6 |
|
51.0 |
|
32.8 |
|
98.4 |
|
147.5 |
|
|
|
56.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance sheet data40 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
US$m |
|
|
|
US$m |
Loans and advances to customers (net)27 |
|
13,616 |
|
19,923 |
|
10,304 |
|
75 |
|
− |
|
|
|
43,918 |
Total assets |
|
30,584 |
|
30,001 |
|
52,977 |
|
337 |
|
634 |
|
(534) |
|
113,999 |
Customer accounts27 |
|
23,943 |
|
16,593 |
|
8,994 |
|
1,859 |
|
− |
|
|
|
51,389 |
