HSBC 2007 Annual Report Download - page 169

167
Total equity and liabilities
Year ended 31 December
2007 2006 2005
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
Average
balance
Interest
expense Cost
US$m US$m % US$m US$m % US$m US$m %
Summary
Total interest-bearing liabilities (itemised
below) ...................................................... 1,279,460 54,564 4.26 1,067,646 41,393 3.88 920,095 28,760 3.13
Trading liabilities......................................... 250,572 12,186 4.86 224,050 9,842 4.39 211,059 5,024 2.38
Financial liabilities designated at fair value
(excluding own debt issued) .................. 20,827 12,537 9,787
Non-interest-bearing current accounts ....... 83,958 71,744 65,509
Total equity and other non-interest-bearing
liabilities ................................................. 477,133 313,590 295,490
Total equity and liabilities .......................... 2,111,950 66,750 3.16 1,689,567 51,235 3.03 1,501,940 33,784 2.25
Deposits by banks4
Europe HSBC Bank ..................... 44,787 2,148 4.80 32,825 1,311 3.99 32,673 1,037 3.17
HSBC Private Banking
Holdings (Suisse) ........ 690 22 3.19 1,030 33 3.20
886 20 2.26
HSBC France .................. 30,816 1,358 4.41 23,171 886 3.82 17,935 582 3.25
Hong Kong Hang Seng Bank .............. 2,993 123 4.11 2,031 84 4.14 1,876 61 3.25
The Hongkong and
Shanghai Banking
Corporation ................. 3,634 150 4.13 2,745 125 4.55
3,430 116 3.38
Rest of
Asia-Pacific
The Hongkong and
Shanghai Banking
Corporation ................. 10,247 445 4.34 6,276 246 3.92
4,973 168 3.38
HSBC Bank Malaysia ..... 375 12 3.20 280 9 3.21 238 5 2.10
HSBC Bank Middle East 672 32 4.76 453 23 5.08 888 27 3.04
North America HSBC Bank USA ............ 6,933 414 5.97 3,695 208 5.63 4,251 202 4.75
HSBC Bank Canada ........ 1,681 93 5.53 1,520 68 4.47 926 34 3.67
Latin America HSBC Mexico ................. 983 63 6.41 781 50 6.40 1,051 70 6.66
Brazilian operations3 ....... 1,549 106 6.84 1,033 101 9.78 1,355 125 9.23
HSBC Bank Panama ....... 1,137 66 5.80 349 17 4.87 218 7 3.21
HSBC Bank Argentina .... 117 9 7.69 72 5 6.94 111 8 7.21
Other operations .......................................... 4,495 291 6.47 5,304 334 6.30
3,744 204 5.45
111,109 5,332 4.80 81,565 3,500 4.29 74,555 2,666 3.58
Financial liabilities designated at fair
value – own debt issued6
Europe HSBC Holdings ............... 15,142 822 5.43 15,132 745 4.92 13,928 496 3.56
HSBC Bank ..................... 9,907 525 5.30 7,888 373 4.73
5,919 327 5.52
HSBC France .................. 143 11 7.69
Hong Kong Hang Seng Bank .............. 126 6 4.76
North America HSBC Bank USA ........... . 1,620 125 7.72 1,892 116 6.13 1,469 96 6.54
HSBC Finance ................. 31,889 2,079 6.52 29,917 1,877 6.27 28,146 1,098 3.90
Other operations .......................................... –– –461 49 10.63
288 20 6.94
58,827 3,568 6.07 55,290 3,160 5.72 49,750 2,037 4.09
For footnotes, see page 173.