HSBC 2004 Annual Report Download - page 144

HSBC HOLDINGS PLC
Financial Review (continued)
142
Customer loans and advances by industry sector
At 31 December 2004
Europe
Hong
Kong
Rest of
Asia-
Pacific
North
America
South
America
Gross
loans and
advances to
customers
Gross loans
by customer
type as a
% of total
gross loans
US$m US$m US$m US$m US$m US$m %
Personal
Residential mortgages.................. 70,552 24,040 14,799 112,866 208 222,465 32.6
Hong Kong Government Home
Ownership Scheme ................. –5,402 – – –5,402 0.8
Other personal ............................. 57,920 9,104 9,075 80,463 3,444 160,006 23.4
Total personal ............................. 128,472 38,546 23,874 193,329 3,652 387,873 56.8
Corporate and commercial
Commercial, industrial and
international trade ................... 54,438 14,138 19,178 11,599 1,988 101,341 14.8
Commercial real estate ................ 18,827 10,391 4,232 9,798 135 43,383 6.4
Other property-related ................. 6,750 5,959 3,349 4,518 72 20,648 3.0
Government ................................ 3,663 615 1,432 3,868 635 10,213 1.5
Other commercial1....................... 31,626 7,294 7,023 6,448 919 53,310 7.8
Total corporate and commercial .. 115,304 38,397 35,214 36,231 3,749 228,895 33.5
Financial
Non-bank financial institutions ... 30,809 1,932 2,297 17,090 112 52,240 7.7
Settlement accounts .................... 4,491 596 305 8,431 11 13,834 2.0
Total financial ............................. 35,300 2,528 2,602 25,521 123 66,074 9.7
Total gross loans and advances to
customers2................................ 279,076 79,471 61,690 255,081 7,524 682,842 100.0
Percentage of Group loans and
advances by geographical
region....................................... 40.9% 11.6% 9.0% 37.4% 1.1% 100.0%
Non-performing loans3,4 ............... 6,065 773 1,180 4,583 658 13,259
Non-performing loans as a
percentage of gross loans and
advances to customers3,4 .......... 2.2% 1.0% 1.9% 1.8% 8.7% 1.9%
Specific provisions outstanding
against loans and advances ..... 4,036 331 791 4,420 522 10,100
Specific provisions outstanding
as a percentage of non-
performing loans3,4................... 66.5% 42.8% 67.0% 96.4% 79.3% 76.2%
1Other commercial includes advances in respect of agriculture, transport, energy and utilities.
2 Included within this total is credit card lending of US$56,222 million.
3Net of suspended interest.
4Included in North America are non-performing loans of US$3,782 million and specific provisions of US$3,443 million in HSBC
Finance; excluding HSBC Finance, specific provisions outstanding as a percentage of non-performing loans was 54.6 per cent.
Included in gross loans and advances to customers are the following numbers in respect of HSBC Finance, 92
per cent of which relate to North America:
2004
US$m
2003
US$m
Residential mortgages ..................................................................................................................... 60,829 46,057
Motor vehicle finance ..................................................................................................................... 10,237 8,868
MasterCard/Visa credit cards .......................................................................................................... 22,225 21,207
Private label cards ........................................................................................................................... 15,891 15,413
Other unsecured personal lending ................................................................................................... 32,677 30,130
Corporate and commercial lending ................................................................................................. 44 101
Total ................................................................................................................................................ 141,903 121,776