HSBC 2015 Annual Report Download - page 75

HSBC HOLDINGS PLC
73
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
Other29
‘Other’ contains the results of HSBC’s holding
company and financing operations, central
support and functional costs with associated
recoveries, unallocated investment activities,
centrally held investment companies, certain
property transactions and movements in fair
value of own debt.
2015 2014 2013
$m $m $m
Net interest expense (710) (501) (737)
Net fee income/(expense) (37) (65) 64
Net trading income
/
(expense) (192) (92) 6
Changes in fair value of long-
term debt issued and
related derivatives 863 508 (1,228)
Changes in other financial
instruments designated
at fair value 61 (9) (576)
Net income/(expense) from
financial instruments
designated at fair value 924 499 (1,804)
Other income 7,619 6,524 8,122
Net operating income1 7,604 6,365 5,651
LICs34 − − −
Net operating income 7,604 6,365 5,651
Total operating expenses (9,933) (8,601) (7,796)
Operating loss (2,329) (2,236) (2,145)
Income/(expense) from
associates35 2 6 (14)
Loss before tax (2,327) (2,230) (2,159)
For footnotes, see page 99.
Loss before tax ($m)
Revenue ($m)
Operating expenses ($m)
For details of significant items, see page 66.
(2,327) (2,230)
(1,542) (3,869)
27
(380) (2,583)
2015 2014
7,604
6,365
(2,148)
5,456 (158)
(501)
5,706
2015 2014
9,933
8,601
(606)
9,327
(186) (121)
8,294
2015 2014
Reported Currency translation Adjusted
Significant items