HSBC 2002 Annual Report Download - page 277

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(b) Analysis of the balances of cash as classified in the consolidated balance sheet
2002 2001 2000
US$m US$m US$m
Cash and balances at central banks ......................................... 7,659 6,185 5,006
Loans and advances to banks.................................................. 19,211 16,039 19,332
26,870 22,224 24,338
44 Litigation
HSBC, through a number of its subsidiary undertakings, is named in and is defending legal actions in various
jurisdictions arising from its normal business. None of these proceedings is regarded as material litigation.
45 Capital commitments
2002 2001
US$m US$m
Expenditure contracted for.......................................................................................... 1,238 592
Expenditure authorised by Directors but not contracted for ....................................... 106 265
1,344 857
46 Lease commitments
At the year-end, annual commitments under non-cancellable operating leases were:
2002 2001
US$m US$m
Leasehold land and buildings
Operating leases which expire:
– within 1 year ............................................................................................................ 60 37
– between 1 and 5 years .............................................................................................. 174 159
– over 5 years.............................................................................................................. 171 164
405 360
2002 2001
US$m US$m
Equipment
Operating leases which expire:
– within 1 year ............................................................................................................ 15
–
– between 1 and 5 years .............................................................................................. 15 11
30 11