HSBC 2007 Annual Report Download - page 244

HSBC HOLDINGS PLC
Report of the Directors: The Management of Risk (continued)
Credit risk > Risk elements / Liquidity and funding > Policies / Primary sources of funding
242
At 31 December
2007
US$m
2006
US$m
2005
US$m
2004
US$m
2003
US$m
Impaired loans
Europe ......................................................... 6,266 5,858 5,081 6,053 5,680
Hong Kong ................................................. 433 454 506 696 1,670
Rest of Asia-Pacific .................................... 1,088 1,188 945 1,172 1,519
North America ............................................ 8,384 4,822 3,710 3,600 4,177
Latin America ............................................. 2,145 1,478 1,226 932 1,170
18,316 13,800 11,468 12,453 14,216
Troubled debt restructurings
Europe ......................................................... 648 360 239 213 335
Hong Kong ................................................. 146 189 198 436 571
Rest of Asia-Pacific .................................... 34 73 121 56 68
North America ............................................ 3,322 1,712 1,417 1,600 1,569
Latin America ............................................. 848 915 878 830 1,041
4,998 3,249 2,853 3,135 3,584
Unimpaired loans contractually
past due 90 days or more as to
principal or interest
Europe ......................................................... 202 237 592 68 34
Hong Kong ................................................. 49 79 74 67 205
Rest of Asia-Pacific .................................... 156 78 40 56 45
North America ............................................ 1,302 1,364 924 1,171 1,252
Latin America ............................................. 421 165 4 – 2
2,130 1,923 1,634 1,362 1,538
Trading loans classified as
grades 6 and 7
North America ............................................ 675 127 11 – –
Risk elements on loans
Europe ......................................................... 7,116 6,455 5,912 6,334 6,049
Hong Kong ................................................. 628 722 778 1,199 2,446
Rest of Asia-Pacific .................................... 1,278 1,339 1,106 1,284 1,632
North America ............................................ 13,683 8,025 6,062 6,371 6,998
Latin America ............................................. 3,414 2,558 2,108 1,762 2,213
26,119 19,099 15,966 16,950 19,338
Assets held for resale
Europe ......................................................... 59 30 205 27 32
Hong Kong ................................................. 29 42 49 75 2
Rest of Asia-Pacific .................................... 7 17 31 21 30
North America ............................................ 1,172 999 582 664 720
Latin America ............................................. 101 91 103 44 74
1,368 1,179 970 831 858
Total risk elements
Europe ......................................................... 7,175 6,485 6,117 6,361 6,081
Hong Kong ................................................. 657 764 827 1,274 2,448
Rest of Asia-Pacific .................................... 1,285 1,356 1,137 1,305 1,662
North America ............................................ 14,855 9,024 6,644 7,035 7,718
Latin America ............................................. 3,515 2,649 2,211 1,806 2,287
27,487 20,278 16,936 17,781 20,196
% % % % %
Loan impairment allowances as a
percentage of risk elements on loans1 .... 75.5 71.6
71.2 74.1 70.9
1 Ratio excludes trading loans classified as grades 6 and 7.