HSBC 2012 Annual Report Download - page 289

287
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Regulatory impact of management actions
(Unaudited)
At 31 December 2012
Risk-
weighted
assets
Core tier 1
capital
Tier 1
capital
Total
regulatory
capital
Reported capital ratios before management actions ................................ 12.3% 13.4% 16.1%
Reported totals (US$m) ............................................................................ 1,123,943 138,789 151,048 180,806
Management actions completed in 2013 (US$m) ....................................
Dilution of our shareholding in Industrial Bank and the subsequent
change in accounting treatment ....................................................... (38,073) 981 (423) (1,827)
Completion of the second tranche of the sale of Ping An ................... – 553 4,637 7,984
Estimated total after management actions completed in 2013 (US$m) .. 1,085,870 140,323 155,262 186,963
Estimated capital ratios after management actions completed in 2013.... 12.9% 14.3% 17.2%
Reconciliation of accounting and regulatory balance sheets
(Unaudited)
At 31 December 2012
Accounting
balance
sheet
Decon-
solidation
of insurance/
other entities
Consolidation
of banking
associates
Regulatory
balance
sheet
Ref US$m US$m US$m US$m
Assets
Trading assets ............................................................................... 408,811 (144) 1,477 410,144
Loans and advances to customers ................................................ 997,623 (11,957) 119,698 1,105,364
of which:
– impairment allowances on IRB portfolios ........................... i (10,255) – – (10,255)
– impairment allowances on STD portfolios .......................... k (5,857) – (2,726) (8,583)
Financial investments ................................................................... 421,101 (50,256) 33,110 403,955
Capital invested in insurance and other entities ........................... – 8,384 – 8,384
Interests in associates and joint ventures ..................................... 17,834 – (17,127) 707
of which:
– positive goodwill on acquisition .......................................... h 670 (640) 30
Goodwill and intangible assets ..................................................... h 29,853 (4,983) 687 25,557
Other assets ................................................................................... 817,316 (34,672) 82,469 865,113
of which:
– goodwill and intangible assets of disposal groups
held for sale .......................................................................... h 146 (117) – 29
– retirement benefits assets ..................................................... g 2,846 – – 2,846
– impairment allowances on asset held for sale ..................... (703) – – (703)
of which:
– IRB portfolios ................................................................... i (691) – – (691)
– STD portfolios .................................................................. k (12) – – (12)
Total assets .................................................................................. 2,692,538 (93,628) 220,314 2,819,224