HSBC 2009 Annual Report Download - page 356

HSBC HOLDINGS PLC
Financial Statements (continued)
Consolidated statement of comprehensive income / Consolidated balance sheet
354
Consolidated statement of comprehensive income for the year ended 31 December 2009
2009 2008 2007
US$m US$m US$m
Profit for the year ..................................................................................................... 6,694 6,498 20,455
Other comprehensive income/(expense)
Available-for-sale investments ................................................................................ 10,817 (21,904) (973)
– fair value gains/(losses) ................................................................................... 9,821 (23,722) 756
– fair value gains transferred to income statement on disposal ......................... (648) (1,316) (1,826)
– amounts transferred to the income statement in respect of impairment
losses ............................................................................................................... 2,391 1,779 86
– income taxes .................................................................................................... (747) 1,355 11
Cash flow hedges ..................................................................................................... 772 124 (791)
– fair value gains/(losses) ................................................................................... 481 (1,720) 625
– fair value (gains)/losses transferred to income statement ............................... 808 1,754 (1,886)
– income taxes .................................................................................................... (517) 90 470
Actuarial gains/(losses) on defined benefit plans ................................................... (2,608) (1,175) 1,525
– before income taxes ......................................................................................... (3,586) (1,609) 2,167
– income taxes .................................................................................................... 978 434 (642)
Share of other comprehensive income/(expense) of associates and joint
ventures ............................................................................................................... 149 (559) 372
Exchange differences ............................................................................................... 4,975 (12,123) 5,946
Other comprehensive income/(expense) for the year, net of tax ............................ 14,105 (35,637) 6,079
Total comprehensive income/(expense) for the year .............................................. 20,799 (29,139) 26,534
Total comprehensive income/(expense) for the year attributable to:
– shareholders of the parent company ............................................................... 19,529 (29,143) 24,866
– minority interests ............................................................................................. 1,270 4 1,668
20,799 (29,139) 26,534
The accompanying notes on pages 365 to 471, the audited sections of ‘Report of the Directors: Risk’ on pages 196 to 293, ‘Critical
accounting policies’ on pages 61 to 65 and the audited sections of ‘Report of the Directors: Impact of Market Turmoil’ on pages 151 to
195 form an integral part of these financial statements.