HSBC 2012 Annual Report Download - page 176

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Risk > Credit risk > Impairment of loans and advances
174
Movement in impairment allowances by industry sector
(Unaudited)
2012 2011 2010 2009 2008
US$m US$m US$m US$m US$m
Impairment allowances at 1 January ........................................... 17,636 20,241 25,649 23,972 19,212
Amounts written off .................................................................... (9,812) (12,480) (19,300) (24,840) (17,955)
Personal ................................................................................... (6,905) (10,431) (16,458) (22,703) (16,625)
– first lien residential mortgages ......................................... (2,059) (2,662) (4,163) (4,704) (2,110)
– other personal1 .................................................................. (4,846) (7,769) (12,295) (17,999) (14,515)
Corporate and commercial ...................................................... (2,677) (2,009) (2,789) (1,984) (1,294)
– manufacturing and international trade and services ........ (1,610) (1,137) (1,050) (1,093) (789)
– commercial real estate and other property-related .......... (506) (392) (1,280) (327) (115)
– other commercial9 ............................................................ (561) (480) (459) (564) (390)
Financial2 ................................................................................. (230) (40) (53) (153) (36)
Recoveries of amounts written off in previous years .................. 1,146 1,426 1,020 890 834
Personal ................................................................................... 966 1,175 846 712 686
– first lien residential mortgages ......................................... 140 86 93 61 19
– other personal1 .................................................................. 826 1,089 753 651 667
Corporate and commercial ...................................................... 172 242 156 170 142
– manufacturing and international trade and services ........ 59 135 92 123 76
– commercial real estate and other property-related .......... 41 20 21 9 6
– other commercial9 ............................................................ 72 87 43 38 60
Financial2 ................................................................................. 8 9 18 8 6
Charge to income statement ........................................................ 8,160 11,505 13,548 24,942 24,131
Personal ................................................................................... 5,362 9,318 11,187 19,781 20,950
– first lien residential mortgages ......................................... 1,910 4,103 3,461 4,185 5,000
– other personal1 .................................................................. 3,452 5,215 7,726 15,596 15,950
Corporate and commercial ...................................................... 2,802 2,114 2,198 4,711 2,879
– manufacturing and international trade and services ........ 1,457 901 909 2,392 1,573
– commercial real estate and other property-related .......... 690 764 660 1,492 755
– other commercial9 ............................................................ 655 449 629 827 551
Financial2 ................................................................................. (4) 73 163 450 302
Exchange and other movements18 ............................................... (961) (3,056) (676) 685 (2,250)
At 31 December ........................................................................... 16,169 17,636 20,241 25,649 23,972
Impairment allowances against banks:
– individually assessed ............................................................ 57 125 158 107 63
Impairment allowances against customers:
– individually assessed ............................................................ 6,572 6,537 6,457 6,494 3,284
– collectively assessed ............................................................. 9,540 10,974 13,626 19,048 20,625
At 31 December ........................................................................... 16,169 17,636 20,241 25,649 23,972
For footnotes, see page 249.