HSBC 2006 Annual Report Download - page 359

357
Amortised
cost
Gross
unrealised
gains
Gross
unrealised
losses
Fair
value
US$m US$m US$m US$m
At 31 December 2006
US Treasury ................................................................... 10,219 5 (21) 10,203
US Government agencies .............................................. 6,004 40 (76) 5,968
US Government sponsored entities .............................. 14,010 74 (285) 13,799
UK Government ............................................................ 7,515 10 (23) 7,502
Hong Kong Government .............................................. 1,085 1 (6) 1,080
Other government ......................................................... 37,828 475 (105) 38,198
Asset-backed securities ................................................. 26,752 9 (11) 26,750
Corporate debt and other securities .............................. 93,217 363 (269) 93,311
Equities ......................................................................... 6,295 2,010 (8) 8,297
202,925 2,987 (804) 205,108
At 31 December 2005
US Treasury ................................................................... 9,015 5 (23) 8,997
US Government agencies .............................................. 4,173 52 (52) 4,173
US Government sponsored entities .............................. 16,099 82 (292) 15,889
UK Government ............................................................ 7,658 83 (1) 7,740
Hong Kong Government .............................................. 4,429 2 (23) 4,408
Other government ......................................................... 34,623 317 (87) 34,853
Asset-backed securities ................................................. 2,893 8 (12) 2,889
Corporate debt and other securities .............................. 96,018 452 (415) 96,055
Equities ......................................................................... 6,414 1,111 (6) 7,519
181,322 2,112 (911) 182,523
At 31 December 2004
US Treasury ................................................................... 7,998 25 (22) 8,001
US Government agencies .............................................. 9,657 91 (94) 9,654
US Government sponsored entities .............................. 10,093 133 (48) 10,178
UK Government ............................................................ 11,510 1 (2) 11,509
Hong Kong Government .............................................. 5,274 88 – 5,362
Other government ......................................................... 36,393 543 (290) 36,646
Asset-backed securities ................................................. 13,367 28 (6) 13,389
Corporate debt and other securities .............................. 84,477 1,061 (136) 85,402
Equities ......................................................................... 6,563 1,136 (10) 7,689
185,332 3,106 (608) 187,830
Included within the above figures are debt securities issued by banks and other financial institutions of
US$86,649 million (2005: US$68,954 million). The fair value of these was US$86,596 million (2005:
US$68,933 million).
Treasury
and other
eligible bills
available-
for-sale
Treasury
and other
eligible bills
held-to-
maturity
Debt
securities
available-
for-sale
Debt
securities
held-to-
maturity
Equity
securities Total
US$m US$m US$m US$m US$m US$m
Carrying amount at 31 December 2006
Listed on a recognised exchange ........................ 1,861 45 58,216 3,590 2,937 66,649
Unlisted ............................................................... 23,407 – 103,654 5,736 5,360 138,157
25,268 45 161,870 9,326 8,297 204,806
Carrying amount at 31 December 2005
Listed on a recognised exchange ........................ 6,610 207 62,187 4,022 3,394 76,420
Unlisted ............................................................... 18,225 – 79,512 4,060 4,125 105,922
24,835 207 141,699 8,082 7,519 182,342
The fair value of listed held-to-maturity debt securities as at 31 December 2006 was US$3,663 million (2005:
US$4,143 million). Included within listed investments were US$1,179 million (2005: US$1,246 million) of
investments listed in Hong Kong.