HSBC 2007 Annual Report Download - page 446

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
Notes 40 and 41
444
40 Notes on the cash flow statement
Non-cash items included in profit before tax
HSBC HSBC Holdings
2007 2006 2005 2007 2006
US$m US$m US$m US$m US$m
Depreciation, amortisation and impairment ............... 2,522 2,528 2,213 (25) –
Gains arising from dilution of interests in associates.. (1,092) – – – –
Revaluations on investment property ......................... (152) (164) (201) – –
Share-based payment expense .................................... 870 854 540 29 58
Loan impairment losses gross of recoveries ............... 18,182 11,331 8,295 – –
Provisions for liabilities and charges .......................... 989 498 327 – –
Impairment of financial investments .......................... 65 21 – – –
Charge for defined benefit plans ................................ 727 664 676 – –
Accretion of discounts and amortisation of
premiums ................................................................. (449) (776) (446) 6 –
21,662 14,956 11,404 10 58
Change in operating assets
HSBC HSBC Holdings
2007 2006 2005 2007 2006
US$m US$m US$m US$m US$m
Change in loans to HSBC undertakings ..................... – – – (2,786) (1,060)
Change in prepayments and accrued income ............. (5,069) (2,478) 7,121 (183) (22)
Change in net trading securities and net derivatives .. (4,972) (13,620) 4,940 (1,094) (740)
Change in loans and advances to banks ..................... (8,922) (11,505) 307 – –
Change in loans and advances to customers .............. (131,886) (132,987) (80,150) – –
Change in financial assets designated at fair value .... (13,360) (4,883) (15,048) – –
Change in other assets ................................................ (12,329) (9,844) (8,923) 4 (5)
(176,538) (175,317) (91,753) (4,059) (1,827)
Change in operating liabilities
HSBC HSBC Holdings
2007 2006 2005 2007 2006
US$m US$m US$m US$m US$m
Change in accruals and deferred income .................... 5,119 3,549 (3,810) 39 16
Change in deposits by banks ...................................... 32,594 28,378 (14,328) – –
Change in customer accounts ..................................... 199,806 149,849 46,394 – –
Change in debt securities in issue ............................... (12,489) 42,253 (19,047) – –
Change in financial liabilities designated at fair value 12,304 8,382 61,837 148 700
Change in other liabilities ........................................... 12,761 4,967 1,166 (8) 340
250,095 237,378 72,212 179 1,056
Cash and cash equivalents
HSBC HSBC Holdings
2007 2006 2005 2007 2006
US$m US$m US$m US$m US$m
Cash at bank with HSBC undertakings ...................... – – – 360 729
Cash and balances at central banks ............................ 21,765 12,732 13,712 – –
Items in the course of collection from other banks .... 9,777 14,144 11,300 – –
Loans and advances to banks of one month or less ... 232,320 162,998 100,527 – –
Treasury bills, other bills and certificates of deposit
less than three months ............................................ 41,819 38,237 22,790 – –
Less: items in the course of transmission to
other banks .............................................................. (8,672) (12,625) (7,022) – –
Total cash and cash equivalents ................................. 297,009 215,486 141,307 360 729