HSBC 2007 Annual Report Download - page 233

231
(Audited) 2006
Europe
Hong
Kong
Rest of
Asia-
Pacific
North
America
Latin
America
Total
US$m US$m US$m US$m US$m US$m
Impairment allowances at 1 January .................. 3,499 398 837 5,349 1,283 11,366
Amounts written off ........................................... (2,706) (215) (566) (4,933) (1,053) (9,473)
Commercial, industrial and international
trade ............................................................ (454) (56) (79) (97) (96) (782)
Real estate ....................................................... (70) (6) (8) (21) (6) (111)
Non-bank financial institutions ...................... (20) (7) (11) (1) – (39)
Other commercial ........................................... (116) (3) (7) (31) (103) (260)
Residential mortgages .................................... (2) (3) (7) (595) (21) (628)
Other personal ................................................ (2,044) (140) (454) (4,188) (827) (7,653)
Recoveries of amounts written off in previous
years ................................................................ 421 41 95 85 137 779
Commercial, industrial and international
trade ............................................................ 25 5 11 20 27 88
Real estate ....................................................... 15 – 3 3 – 21
Non-bank financial institutions ...................... 1 – – 10 – 11
Other commercial ........................................... 24 – 2 9 19 54
Residential mortgages .................................... 3 8 1 7 – 19
Other personal ................................................ 353 28 78 36 91 586
Charge to income statement1 .............................. 2,140 157 512 6,798 940 10,547
Banks .............................................................. – – (1) – (2) (3)
Commercial, industrial and international
trade ............................................................ 246 40 (14) 107 124 503
Real estate ....................................................... 41 6 3 19 6 75
Non-bank financial institutions ...................... (7) – (1) (4) 6 (6)
Governments .................................................. (13) – – (1) (23) (37)
Other commercial ........................................... 23 (2) (19) 18 66 86
Residential mortgages .................................... 24 4 – 1,039 29 1,096
Other personal ................................................ 1,826 109 544 5,620 734 8,833
Foreign exchange and other movements ............ 329 (16) 23 (52) 82 366
Impairment allowances at 31 December ............ 3,683 365 901 7,247 1,389 13,585
Impairment allowances against banks:
– individually assessed ................................... 7 – – – – 7
Impairment allowances against customers:
– individually assessed ................................... 1,725 131 362 109 238 2,565
– collectively assessed2 .................................. 1,951 234 539 7,138 1,151 11,013
Impairment allowances at 31 December ............ 3,683 365 901 7,247 1,389 13,585
% % % % % %
Impairment allowances against customers
as a percentage of loans and advances to
customers:
– individually assessed ................................... 0.44 0.15 0.46 0.04 0.64 0.29
– collectively assessed .................................... 0.49 0.28 0.69 2.50 3.10 1.25
At 31 December .................................................. 0.93 0.43 1.15 2.54 3.74 1.54
For footnotes, see page 234.