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HSBC BANK CANADA
88
9 Analysis of financial assets and liabilities by measurement basis
Financial assets and financial liabilities are measured on an ongoing basis at either fair value or amortized cost. The
summary of significant accounting policies in note 2 describes how the classes of financial instruments are measured, and
how income and expenses, including fair value gains and losses, are recognized. The following tables analyze the carrying
amount of financial assets and liabilities by category as defined in IAS 39 and by statement of financial position heading:
2013
Held for
trading
$m
Designated
at fair value
$m
Available-
for-sale
securities
$m
Financial
assets and
liabilities at
amortized
cost
$m
Derivatives
designated
as fair value
hedging
instruments
$m
Derivatives
designated
as cash flow
hedging
instruments
$m
Total
$m
Financial assets
Cash and balances at central bank ........................... – – – 165 – – 165
Items in the course of collection from other banks .. – – – 107 – – 107
Trading assets ........................................................... 6,728 – – – – – 6,728
Derivatives ............................................................... 1,604 – – – 60 448 2,112
Loans and advances to banks ................................... – – – 1,482 – – 1,482
Loans and advances to customers ............................ – – – 46,351 – – 46,351
Financial investments ............................................... – – 21,814 – – – 21,814
Other assets .............................................................. – – – 103 – – 103
Accrued income ....................................................... – – – 182 – – 182
Customers’ liability under acceptances .................... – – – 4,757 – – 4,757
Total financial assets ................................................ 8,332 – 21,814 53,147 60 448 83,801
Financial liabilities
Deposits by banks .................................................... – – – 1,205 – – 1,205
Customer accounts ................................................... – – – 51,844 – – 51,844
Items in the course of transmission to other banks .. – – – 53 – – 53
Trading liabilities ..................................................... 4,396 – – – – – 4,396
Financial liabilities designated at fair value ............. – 428 – – – – 428
Derivatives ............................................................... 1,518 – – – 70 158 1,746
Debt securities in issue ............................................. – – – 11,348 – – 11,348
Other liabilities ......................................................... – – – 2,257 – – 2,257
Acceptances ............................................................. – – – 4,757 – – 4,757
Accruals ................................................................... – – – 551 – – 551
Subordinated liabilities ............................................ – – – 239 – – 239
Total financial liabilities........................................... 5,914 428 – 72,254 70 158 78,824
Notes on the Consolidated Financial Statements (continued)
HSBC BANK CANADA