HSBC 2011 Annual Report Download - page 131

129
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Past due but not impaired loans and advances to customers and banks by geographical region8
(Audited)
Europe
Hong
Kong
Rest of
Asia-
Pacific MENA
North
America
Latin
America Total
US$m US$m US$m US$m US$m US$m US$m
At 31 December 2011 .................................... 1,990 1,107 2,319 1,165 10,216 3,212 20,009
At 31 December 2010 ..................................... 2,516 1,158 2,092 1,318 12,751 2,894 22,729
Past due but not impaired loans and advances to customers and banks by industry sector8
(Audited)
At 31 December
2011 2010
US$m US$m
Banks ........................................................................................................................................................ 39 108
Customers ................................................................................................................................................. 19,970 22,621
Personal ................................................................................................................................................ 13,951 17,258
Corporate and commercial ................................................................................................................... 5,855 5,267
Financial ............................................................................................................................................... 164 96
20,009 22,729
For footnote, see page 185.
Ageing analysis of days past due but not impaired gross financial instruments
(Audited)
Up to 29
days
30-59
days
60-89
days
90-179
days
180 days
and over
Total
US$m US$m US$m US$m US$m US$m
At 31 December 2011
Loans and advances held at amortised cost8 ........................ 14,239 3,680 1,727 223 140 20,009
– loans and advances to banks ......................................... 39 – – – – 39
– loans and advances to customers .................................. 14,200 3,680 1,727 223 140 19,970
Assets held for sale ............................................................... 1,563 644 307 8 2 2,524
– disposal groups .............................................................. 1,563 644 307 7 1 2,522
– non-current assets held for sale ..................................... – – – 1 1 2
Other assets ........................................................................... 225 80 37 22 57 421
– endorsements and acceptances ...................................... 7 2 – 1 – 10
– other ............................................................................... 218 78 37 21 57 411
16,027 4,404 2,071 253 199 22,954
At 31 December 2010
Loans and advances held at amortised cost8 ........................ 15,576 4,272 2,238 482 161 22,729
– loans and advances to banks ......................................... 108 – – – – 108
– loans and advances to customers .................................. 15,468 4,272 2,238 482 161 22,621
Other assets ........................................................................... 278 123 57 26 45 529
– endorsements and acceptances ...................................... 7 – – 1 1 9
– other ............................................................................... 271 123 57 25 44 520
15,854 4,395 2,295 508 206 23,258
For footnote, see page 185.
Renegotiated loans and forbearance
(Audited)
Current policies and procedures regarding
renegotiated loans and forbearance are
described in the Appendix to Risk on
p
age 188.
The contractual terms of a loan may be modified for
a number of reasons including changing market
conditions, customer retention and other factors not
related to the current or potential credit deterioration
of a customer. When the contractual payment terms
of a loan have been modified because we have
significant concerns about the borrower’s ability to
meet contractual payments when due, these loans are
classified as ‘renegotiated loans’. For the purposes of
this disclosure the term ‘forbearance’ is synonymous
with the renegotiation of loans for these purposes.
In the Annual Report and Accounts 2011, the
Group has separately presented all renegotiated loans
by credit quality classification and has adopted a