HSBC 2007 Annual Report Download - page 234

HSBC HOLDINGS PLC
Report of the Directors: The Management of Risk (continued)
Credit risk > Impairment allowances and charges / Provisions
232
Movement in impairment allowances by industry segment and by geographical region (continued)
(Audited)
2005
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 .................. 4,851 504 960 5,231 1,088 12,634
Amounts written off ........................................... (2,804) (294) (329) (4,913) (703) (9,043)
Commercial, industrial and international
trade ............................................................ (345) (157) (79) (81) (11) (673)
Real estate ....................................................... (67) (23) (11) (14) (2) (117)
Non-bank financial institutions ...................... (3) – – (10) – (13)
Other commercial ........................................... (108) – (6) (14) (66) (194)
Residential mortgages .................................... (14) (2) (6) (456) (30) (508)
Other personal ................................................ (2,267) (112) (227) (4,338) (594) (7,538)
Recoveries of amounts written off in previous
years ................................................................ 84 45 82 146 137 494
Commercial, industrial and international
trade ............................................................ 10 4 17 37 8 76
Real estate ....................................................... 5 – 1 2 1 9
Other commercial ........................................... 6 1 2 38 42 89
Residential mortgages .................................... 1 9 1 – 7 18
Other personal ................................................ 62 31 61 69 79 302
Net charge/(release) to income statement1 ......... 1,984 146 136 4,919 675 7,860
Banks .............................................................. (5) – (2) – – (7)
Commercial, industrial and international
trade ............................................................ 354 199 (72) 32 75 588
Real estate ....................................................... 59 – 1 (6) 2 56
Non-bank financial institutions ...................... (14) (1) – 9 – (6)
Governments .................................................. 4 – – 2 – 6
Other commercial ........................................... (21) (32) (1) (18) 46 (26)
Residential mortgages .................................... 5 (25) 7 592 26 605
Other personal ................................................ 1,602 5 203 4,308 526 6,644
Foreign exchange and other movements ............ (616) (3) (12) (34) 86 (579)
Impairment allowances at 31 December ............ 3,499 398 837 5,349 1,283 11,366
Impairment allowances against banks:
– individually assessed ................................... 8 – 1 – – 9
Impairment allowances against customers:
– individually assessed ................................... 1,575 173 500 221 214 2,683
– collectively assessed2 .................................. 1,916 225 336 5,128 1,069 8,674
Impairment allowances at 31 December ............ 3,499 398 837 5,349 1,283 11,366
% % % % % %
Impairment allowances against customers
as a percentage of loans and advances to
customers:
– individually assessed ................................... 0.50 0.21 0.71 0.09 0.93 0.36
– collectively assessed .................................... 0.61 0.27 0.47 1.99 4.65 1.16
At 31 December .................................................. 1.11 0.48 1.18 2.08 5.58 1.52
For footnotes, see page 234.