HSBC 2009 Annual Report Download - page 237

235
2008
Europe
Hong
Kong
Rest of
Asia-
Pacific7
Middle
East7
North
America
Latin
America Total
US$m US$m US$m US$m US$m US$m US$m
Impairment allowances at 1 January ........................ 3,938 376 650 276 11,980 1,992 19,212
Amounts written off ................................................. (2,483) (219) (674) (164) (12,215) (2,200) (17,955)
Personal .................................................................. (1,947) (179) (646) (153) (11,989) (1,711) (16,625)
– residential mortgages ....................................... (3) (1) (6) – (2,030) (70) (2,110)
– other personal ................................................... (1,944) (178) (640) (153) (9,959) (1,641) (14,515)
Corporate and commercial ..................................... (515) (38) (28) (11) (214) (488) (1,294)
– commercial, industrial and international
trade .................................................................. (367) (33) (16) (6) (153) (214) (789)
– commercial real estate and other property-
related ............................................................... (77) (2) (1) (3) (12) (20) (115)
– other commercial ............................................. (71) (3) (11) (2) (49) (254) (390)
Financial33 .............................................................. (21) (2) – – (12) (1) (36)
Recoveries of amounts written off in previous
years ....................................................................... 294 39 107 30 100 264 834
Personal .................................................................. 275 36 97 27 54 197 686
– residential mortgages ....................................... – 7 1 – – 11 19
– other personal ................................................... 275 29 96 27 54 186 667
Corporate and commercial ..................................... 19 3 6 2 45 67 142
– commercial, industrial and international
trade .................................................................. 19 1 5 1 27 23 76
– commercial real estate and other property-
related ............................................................... – – 1 – 5 – 6
– other commercial ............................................. – 2 – 1 13 44 60
Financial33 .............................................................. – – 4 1 1 – 6
Charge to income statement34 ................................... 3,411 556 815 274 16,589 2,486 24,131
Personal .................................................................. 1,961 160 641 219 16,006 1,963 20,950
– residential mortgages ....................................... 18 – 9 20 4,943 10 5,000
– other personal ................................................... 1,943 160 632 199 11,063 1,953 15,950
Corporate and commercial ..................................... 1,304 363 173 47 472 520 2,879
– commercial, industrial and international
trade .................................................................. 537 316 132 39 213 336 1,573
– commercial real estate and other property-
related ............................................................... 540 28 17 4 132 34 755
– other commercial ............................................. 227 19 24 4 127 150 551
Financial33 .............................................................. 146 33 1 8 111 3 302
Exchange and other movements ............................... (1,238) (19) (80) (7) (364) (542) (2,250)
Impairment allowances at 31 December .................. 3,922 733 813 414 16,090 2,000 23,972
Impairment allowances against banks:
– individually assessed ......................................... 63 – – – – – 63
Impairment allowances against customers:
– individually assessed ......................................... 2,005 411 316 132 192 228 3,284
– collectively assessed35 ....................................... 1,854 322 497 282 15,898 1,772 20,625
Impairment allowances at 31 December .................. 3,922 733 813 414 16,090 2,000 23,972
% % % % % % %
Impairment allowances against customers as a
percentage of loans and advances to customers:
– individually assessed ......................................... 0.47 0.41 0.39 0.48 0.07 0.51 0.34
– collectively assessed35 ....................................... 0.43 0.32 0.61
1.02
5.84 4.00 2.16
At 31 December ........................................................ 0.90 0.73 1.00
1.50
5.91 4.51 2.50
For footnotes, see page 291.