HSBC 2014 Annual Report Download - page 181

Download and view the complete annual report

Please find page 181 of the 2014 HSBC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 200

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200

HSBC BANK PLC
Notes on the Financial Statements (continued)
179
Change in operating liabilities
The group
The bank
2014
2013
2014
2013
£m
£m
£m
£m
Change in accruals and deferred income
(459)
(288)
(206)
(51)
Change in deposits by banks
(1,156)
26,372
(1,072)
38,978
Change in customer accounts
756
89,342
1,642
77,827
Change in repurchase agreements – non-trading
(42,220)
(47,009)
(32,905)
(40,193)
Change in debt securities in issue
(4,974)
(7,670)
(4,626)
(5,394)
Change in financial liabilities designated at fair value
(11,484)
1,118
(5,879)
(1,507)
Change in other liabilities
577
(830)
(515)
(2,165)
(58,960)
61,035
(43,561)
67,495
Cash and cash equivalents
Accounting policy
Cash and cash equivalents include highly liquid investments that are readily convertible to known amounts of cash and which are
subject to an insignificant risk of change in value. Such investments are normally those with less than three months’ maturity from the
date of acquisition.
The group
The bank
2014
2013
2014
2013
£m
£m
£m
£m
Cash and balances at central banks
42,853
67,584
41,424
60,996
Items in the course of collection from other banks
973
1,948
630
1,374
Loans and advances to banks of one month or less
15,558
18,529
12,089
14,398
Reverse repurchase agreements with banks of one month or less
12,299
20,699
7,816
11,114
Treasury bills, other bills and certificates of deposit less than
three months
484
969
319
557
Less: items in the course of transmission to other banks
(667)
(960)
(336)
(422)
Total cash and cash equivalents1
71,500
108,769
61,942
88,017
1 Total cash and cash equivalents include the following amounts that are not available for use by the group: Nil held by foreign subsidiaries and
subject to foreign exchange control restrictions (2013: nil); and £4,065 million subject to other restrictions (2013: £3,543 million).
Total interest paid by the group during the year was £2,638 million (2013: £3,900 million). Total interest received by the
group during the year was £9,604 million (2013: £10,767 million). Total dividends received by the group during the year
were £451 million (2013: £454 million).