HSBC 2009 Annual Report Download - page 362

HSBC HOLDINGS PLC
Financial Statements (continued)
HSBC Holdings balance sheet / HSBC Holdings statement of cash flows
360
HSBC Holdings balance sheet at 31 December 2009
2009 2008
Notes US$m US$m
ASSETS
Cash at bank and in hand:
– balances with HSBC undertakings ................................................................................... 224 443
Derivatives ................................................................................................................................ 18 2,981 3,682
Loans and advances to HSBC undertakings ............................................................................ 23,212 11,804
Financial investments ............................................................................................................... 2,455 2,629
Other assets ............................................................................................................................... 4 25
Current tax assets ...................................................................................................................... 562 –
Prepayments and accrued income ............................................................................................ 102 58
Investments in subsidiaries ....................................................................................................... 24 86,247 81,993
Property, plant and equipment .................................................................................................. 6 6
Deferred tax assets .................................................................................................................... 11 – 42
Total assets ............................................................................................................................... 115,793 100,682
LIABILITIES AND EQUITY
Liabilities
Amounts owed to HSBC undertakings .................................................................................... 3,711 4,042
Financial liabilities designated at fair value ............................................................................. 27 16,909 16,389
Derivatives ................................................................................................................................ 18 362 1,324
Debt securities in issue ............................................................................................................. 28 2,839 –
Other liabilities ......................................................................................................................... 29 1,257 1,816
Current tax liabilities ................................................................................................................ – 219
Accruals and deferred income .................................................................................................. 419 288
Deferred tax liabilities .............................................................................................................. 11 14 –
Subordinated liabilities ............................................................................................................. 32 14,406 14,017
Total liabilities .......................................................................................................................... 39,917 38,095
Equity
Called up share capital .............................................................................................................. 37 8,705 6,053
Share premium account ............................................................................................................ 8,413 8,463
Other equity instruments .......................................................................................................... 37 2,133 2,133
Merger reserve and other reserves ........................................................................................... 35,127 25,341
Other reserves ........................................................................................................................... 3,642 3,503
Retained earnings ..................................................................................................................... 17,856 17,094
Total equity ............................................................................................................................... 75,876 62,587
Total equity and liabilities ........................................................................................................ 115,793 100,682
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.
S K Green, Group Chairman