HSBC 2010 Annual Report Download - page 295

293
Shareholder Information Financial Statements Governance Operating & Financial Review Overview
Movement of deferred tax assets and liabilities before offsetting balances within countries
Retirement
benefits
Loan
impairment allowances
Unused
tax losses
Accelerated
capital
allowances
Available-
for-sale
investments
Cash flow
hedges
Share-
based
payments
Assets
leased to
customers
Revaluation of property Fee income
Relief for
unused tax
credits Other Total
2010 US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m US$m
Assets ........................................................ 1,772 6,363 164 215 68 229 196 – – – 243 1,535 10,785
Liabilities ................................................... – – – (129) (340) (91) – (1,121) (399) (1,080) – (842) (4,002)
At 1 January 2010 ..................................... 1,772 6,363 164 86 (272) 138 196 (1,121) (399) (1,080) 243 693 6,783
Acquisitions and disposals ........................ – 8 – – 12 (2) – – – – – (16) 2 Income statement ....................................... (468) (1,702) 2 14 (16) 3 50 250 75 386 (72) 343 (1,135)
Other comprehensive income:
– available-for-sale investment ............ – – – – (73) – – – – – – – (73) – cash flow hedges ............................... – – – – – 70 – – – – – – 70
– actuarial losses .................................. (1) – – – – – – – – – – – (1)
Equity:
– share-based payments ....................... – – – – – – (14) – – – – – (14)
Foreign exchange and other adjustments .. 235 130 15 (117) 225 55 9 164 99 (62) (4) (463) 286
At 31 December 2010 .............................. 1,538 4,799 181 (17) (124) 264 241 (707) (225) (756) 167 557 5,918 Assets ........................................................ 1,538 4,799 181 109 11 352 241 – – – 170 957 8,358
Liabilities ................................................... – – – (126) (135) (88) – (707) (225) (756) (3) (400) (2,440)
2009 Assets ........................................................ 927 5,891 282 99 518 1,145 245 – – – 94 363 9,564 Liabilities ................................................... – – – (167) (121) (280) – (916) (374) (930) – (1,620) (4,408)
At 1 January 2009 ..................................... 927 5,891 282 (68) 397 865 245 (916) (374) (930) 94 (1,257) 5,156
Acquisitions and disposals ........................ – – – – – – – – – – – – –
Income statement ....................................... (193) 19 (141) 132 (33) (4) (82) 136 29 3 414 1,388 1,668
Other comprehensive income:
– available-for-sale investment ............ – – – – (587) – – – – – – – (587)
– cash flow hedges ............................... – – – – – (517) – – – – – – (517)
– actuarial losses .................................. 978 – – – – – – – – – – – 978
Equity:
– share-based payments ....................... – – – – – – 9 – – – – – 9
Foreign exchange and other adjustments .. 60 453 23 22 (49) (206) 24 (341) (54) (153) (265) 562 76
At 31 December 2009 ............................... 1,772 6,363 164 86 (272) 138 196 (1,121) (399) (1,080) 243 693 6,783 Assets ........................................................ 1,772 6,363 164 215 68 229 196 – – – 243 1,535 10,785 Liabilities ................................................... – – – (129) (340) (91) – (1,121) (399) (1,080) – (842) (4,002)