Information  X 
Enter a valid email address

HSBC Holdings PLC (HSBA)

  Print      Mail a friend       Annual reports

Tuesday 27 March, 2012

HSBC Holdings PLC

Annual Financial Report - 15 of 44

RNS Number : 1103A
HSBC Holdings PLC
27 March 2012
 



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


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

elimination64

       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)56

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 claims65 ............

-


-


-


-


-


-
















Net operating income52 ......

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 data49















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

 

 


 



2010


           Retail

       Banking

  and Wealth

Management17

          US$m


Commercial

      Banking
         US$m


        Global
     Banking
            and

    Markets17

        US$m


        Global

       Private
     Banking
         US$m


         Other

         US$m

                

         Inter-
     segment

elimination64

        US$m


         Total
         US$m















Profit/(loss) before tax




























Net interest income ...

553


473


334


-


14


(7)


1,367















Net fee income .......... ...............................

200


258


202


17


-


-


677















Trading income/(expense) excluding net interest
income ..................

59


85


205


1


(7)


-


343

Net interest income/(expense)
on trading activities ...............................

1


7


18


-


(6)


7


27















Net trading income/(expense)56

60


92


223


1


(13)


7


370















Net income/(expense) from financial instruments
designated at fair value ......................

-


-


-


-


-


-


-

Gains less losses from
financial investments ...........

1


-


(3)


-


(1)


-


(3)

Dividend income .......

2


1


4


-


-


-


7

Other operating income/
(expense) ...............

27


(8)


(1)


1


40


(67)


(8)















Total operating income ..................

843


816


759


19


40


(67)


2,410















Net insurance claims65

-


-


-


-


-


-


-















Net operating income52 ................

843


816


759


19


40


(67)


2,410















Loan impairment charges and other credit risk provisions .............. ...............................

(227)


(145)


(255)


-


-


-


(627)















Net operating income

616


671


504


19


40


(67)


1,783















Total operating expenses ................

(524)


(297)


(263)


(18)


(43)


67


(1,078)















Operating profit/(loss) ...............................

92


374


241


1


(3)


-


705















Share of profit/(loss) in
associates and joint ventures .................

26


110


58


(16)


9


-


187















Profit/(loss) before tax ...............................

118


484


299


(15)


6


-


892
















              %


               %


               %


               %


               %




               %

Share of HSBC's profit
before tax ..............

            0.6


             2.6


             1.6


            (0.1)


                -




             4.7

Cost efficiency ratio ..

          62.2


           36.4


           34.7


           94.7


         107.5




           44.7















Balance sheet data49















US$m


US$m


US$m


US$m


        US$m




US$m

Loans and advances to
customers (net) ......

5,063


12,293


7,247


21


2




24,626

Total assets ...............

6,286


13,991


31,253


59


4,129


(2,961)


52,757

Customer accounts ....

17,538


10,319


5,306


290


58




33,511

For footnotes, see page 95.


 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ACSUNONRUKAOUAR