HSBC 2002 Annual Report Download - page 222

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
220
18 Concentrations of exposure
HSBC has the following concentrations of gross loans and advances to customers:
Europe
H
on
g
K
on
g
R
est o
f
Asia-
Pacific†North
America South America¶Tota
l
US$m US$m US$m US$m US$m US$m
Total gross advances to
customers:
Residential mortgages .................. 38,719 23,839 7,507 26,666 253 96,984
Hong Kong SAR Government
Home Ownership Scheme......... –7,255 –
–
–
7,255
Other personal .............................. 26,748 7,066 5,900 7,836 1,012 48,562
Total personal............................... 65,467 38,160 13,407 34,502 1,265 152,801
Commercial, industrial and
international trade ..................... 44,424 10,173 12,582 10,773 1,063 79,015
Commercial real estate ................. 11,887 8,336 2,701 6,297 46 29,267
Other property related................... 3,970 4,805 2,031 4,515 26 15,347
Government .................................. 2,164 719 933 4,575 562 8,953
Other commercial* ....................... 22,712 6,612 5,950 4,835 565 40,674
Total corporate and commercial ... 85,157 30,645 24,197 30,995 2,262 173,256
Non-bank financial institutions .... 15,221 2,055 931 9,231 49 27,487
Settlement accounts...................... 2,622 347 192 5,224
–
8,385
Total financial............................... 17,843 2,402 1,123 14,455 49 35,872
At 31 December 2002.................. 168,467 71,207 38,727 79,952 3,576 361,929
Residential mortgages .................. 27,282 23,125 5,134 22,126 548 78,215
Hong Kong SAR Government
Home Ownership Scheme......... – 8,123 –
–
–
8,123
Other personal .............................. 21,065 6,227 4,616 6,273 1,280 39,461
Total personal............................... 48,347 37,475 9,750 28,399 1,828 125,799
Commercial, industrial and
international trade ..................... 38,476 9,662 11,226 9,018 1,720 70,102
Commercial real estate ................. 9,475 8,474 2,395 5,877 77 26,298
Other property related................... 3,630 4,710 2,169 4,011 69 14,589
Government.................................. 2,393 543 900 728 775 5,339
Other commercial* ....................... 20,510 6,349 5,457 4,230 617 37,163
Total corporate and commercial ... 74,484 29,738 22,147 23,864 3,258 153,491
Non-bank financial institutions .... 11,329 1,546 752 12,572 118 26,317
Settlement accounts...................... 2,361 223 189 8,984 4 11,761
Total financial............................... 13,690 1,769 941 21,556 122 38,078
At 31 December 2001................... 136,521 68,982 32,838 73,819 5,208 317,368
*Other commercial includes advances in respect of agriculture, transport, energy and utilities.
†The figures for 2001 have been restated to reflect a reclassification of loans to personal investment vehicles to ‘Other personal’
category, from ‘Corporate and commercial’ and ‘Non-bank financial institutions’ as this provides a more accurate description of the
borrower.
¶Formerly described as Latin America, which included Group entities in Panama and Mexico, which are now included in North
America. Figures for 2001 have been restated to reflect this change.
The geographical information shown above has been classified by the location of the principal operations of the
subsidiary undertaking, or in the case of The Hongkong and Shanghai Banking Corporation Limited, HSBC Bank
plc, HSBC Bank Middle East and HSBC Bank USA, by location of the branch responsible for advancing the funds.