HSBC 2009 Annual Report Download - page 424

HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
Notes 16 and 17
422
16 Trading assets
2009 2008
US$m US$m
Trading assets:
– not subject to repledge or resale by counterparties ......................................................................... 320,155 340,675
– which may be repledged or resold by counterparties ..................................................................... 101,226 86,654
421,381 427,329
Treasury and other eligible bills .............................................................................................................. 22,346 32,458
Debt securities ......................................................................................................................................... 201,598 199,619
Equity securities ...................................................................................................................................... 35,311 21,878
Trading securities at fair value ................................................................................................................ 259,255 253,955
Loans and advances to banks .................................................................................................................. 78,126 73,055
Loans and advances to customers ........................................................................................................... 84,000 100,319
421,381 427,329
Trading securities valued at fair value
Fair value1
2009 2008
US$m US$m
US Treasury and US Government agencies2 ........................................................................................... 17,620 26,621
UK Government ....................................................................................................................................... 12,113 10,586
Hong Kong Government ......................................................................................................................... 10,649 6,648
Other government .................................................................................................................................... 94,264 98,983
Asset-backed securities3 .......................................................................................................................... 5,308 6,566
Corporate debt and other securities ......................................................................................................... 83,990 82,673
Equity securities ...................................................................................................................................... 35,311 21,878
259,255 253,955
1 Included within these figures are debt securities issued by banks and other financial institutions of US$41,466 million (2008:
US$49,997 million), of which US$7,280 million (2008: US$3,449 million) are guaranteed by various governments.
2 Includes securities that are supported by an explicit guarantee issued by the US Government.
3 Excludes asset-backed securities included under US Treasury and US Government agencies.
Trading securities listed on a recognised exchange and unlisted
Treasury
and other
eligible bills
Debt
securities
Equity
securities
Total
US$m US$m US$m US$m
Fair value at 31 December 2009
Listed on a recognised exchange1 ............................................ 3,107 159,030 33,428 195,565
Unlisted ..................................................................................... 19,239 42,568 1,883 63,690
22,346 201,598 35,311 259,255
Fair value at 31 December 2008
Listed on a recognised exchange1 ............................................ 1 145,370 20,871 166,242
Unlisted ..................................................................................... 32,457 54,249 1,007 87,713
32,458 199,619 21,878 253,955
1 Included within listed investments are US$3,229 million (2008: US$3,870 million) of investments listed in Hong Kong.
Loans and advances to banks held for trading
2009 2008
US$m US$m
Reverse repos ........................................................................................................................................... 50,357 48,188
Settlement accounts ................................................................................................................................. 10,128 4,337
Stock borrowing ...................................................................................................................................... 4,711 1,888
Other ........................................................................................................................................................ 12,930 18,642
78,126 73,055