HSBC 2012 Annual Report Download - page 177

175
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Movement in impairment allowances on loans and advances to customers and banks
(Audited)
Banks Customers
individually
assessed
Individually
assessed
Collectively
assessed Total
US$m US$m US$m US$m
2012
At 1 January .................................................................................. 125 6,537 10,974 17,636
Amounts written off ..................................................................... (70) (2,361) (7,381) (9,812)
Recoveries of loans and advances previously written off ............ – 199 947 1,146
Charge to income statement ......................................................... – 2,139 6,021 8,160
Exchange and other movements18 ................................................ 2 58 (1,021) (961)
At 31 December ............................................................................ 57 6,572 9,540 16,169
Impairment allowances on loans; and advances to customers .... 6,572 9,540 16,112
– personal ................................................................................ 685 7,527 8,212
– corporate and commercial .................................................... 5,407 1,939 7,346
– financial ................................................................................ 480 74 554
% % % %
As a percentage of loans and advances19,20 .............................. 0.05 0.67 0.98 1.48
US$m US$m US$m US$m
2011
At 1 January .................................................................................. 158 6,457 13,626 20,241
Amounts written off ..................................................................... (16) (1,633) (10,831) (12,480)
Recoveries of loans and advances previously written off ............ – 191 1,235 1,426
Charge to income statement ......................................................... (16) 1,931 9,590 11,505
Exchange and other movements18 ................................................ (1) (409) (2,646) (3,056)
At 31 December ............................................................................ 125 6,537 10,974 17,636
Impairment allowances on loans and advances to customers ...... 6,537 10,974 17,511
– personal ................................................................................ 694 9,066 9,760
– corporate and commercial .................................................... 5,231 1,820 7,051
– financial ................................................................................ 612 88 700
% % % %
As a percentage of loans and advances19,20 .............................. 0.09 0.71 1.20 1.67
For footnotes, see page 249.
Individually and collectively assessed impairment charge to the income statement by industry sector
(Unaudited)
2012 2011
Individually
assessed
US$m
Collectively
assessed
US$m
Total
US$m
Individually
assessed
US$m
Collectively
assessed
US$m
Total
US$m
Banks .................................................................. – – – (16) – (16)
Personal ............................................................... 96 5,266 5,362 141 9,177 9,318
First lien residential mortgages ...................... 40 1,870 1,910 104 3,999 4,103
Other personal1 ............................................... 56 3,396 3,452 37 5,178 5,215
Corporate and commercial ................................. 2,029 773 2,802 1,703 411 2,114
Manufacturing and international trade
and services ................................................ 910 547 1,457 572 329 901
Commercial real estate and other
property-related .......................................... 604 86 690 768 (4) 764
Other commercial9 .......................................... 515 140 655 363 86 449
Financial ............................................................. 14 (18) (4) 87 2 89
Total charge to income statement ....................... 2,139 6,021 8,160 1,915 9,590 11,505
For footnotes, see page 249.