HSBC 2008 Annual Report Download - page 222

HSBC HOLDINGS PLC
Report of the Directors: Risk (continued)
Credit risk > Credit quality > Past due but not impaired // Impaired loans and advances > 2008
220
Past due but not impaired loans and advances to customers and banks by industry sector
At 31 December
2008 2007
US$m US$m
Banks ................................................................................................................................................. 41 22
Customers .......................................................................................................................................... 48,381 49,299
Personal1 ........................................................................................................................................ 39,592 42,091
Corporate and commercial ............................................................................................................ 8,603 6,938
Financial ........................................................................................................................................ 186 270
48,422 49,321
1 Restated for 2007 as a result of a reclassification of an element of a credit card portfolio as impaired. There has been no effect on
impairment allowances.
Ageing analysis of days past due but not impaired gross financial instruments
(Audited)
Up to 29
days
30-59
days
60-89
days
90-180
days
Over 180
days Total
US$m US$m US$m US$m US$m US$m
At 31 December 2008
Items in the course of collection from other banks 66 – – – – 66
Loans and advances held at amortised cost ........ 31,034 10,814 5,493 621 460 48,422
– loans and advances to banks ....................... 41 – – – – 41
– loans and advances to customers ................ 30,993 10,814 5,493 621 460 48,381
Financial investments
– debt securities .............................................. 32 – – – – 32
Other assets ......................................................... 45 22 118 7 27 219
– endorsements and acceptances .................... 21 6 1 2 – 30
– other ............................................................. 24 16 117 5 27 189
31,177 10,836 5,611 628 487 48,739
At 31 December 2007
Loans and advances held at amortised cost ........ 33,931 10,546 3,992 489 363 49,321
– loans and advances to banks ....................... 22 – – – – 22
– loans and advances to customers1 ............... 33,909 10,546 3,992 489 363 49,299
Other assets ......................................................... 57 16 8 6 5 92
– endorsements and acceptances .................... 21 3 – 2 1 27
– other ............................................................. 36 13 8 4 4 65
33,988 10,562 4,000 495 368 49,413
1 Restated for 2007 as a result of a reclassification of an element of a credit card portfolio as impaired. There has been no effect on
impairment allowances.
Impaired loans and advances
Impaired loans and advances to customers and banks by industry sector
(Audited)
Impaired loans and advances at
31 December 2008
Impaired loans and advances at
31 December 20071
Individually
assessed
Collectively
assessed
Total
Individually
assessed
Collectively
assessed
Total
US$m US$m US$m US$m US$m US$m
Banks .......................................................... 70 – 70 12 – 12
Customers ................................................... 6,922 18,430 25,352 6,477 13,105 19,582
Personal .................................................. 538 18,071 18,609 1,548 12,850 14,398
Corporate and commercial ..................... 6,086 357 6,443 4,799 254 5,053
Financial ................................................. 298 2 300 130 1 131
6,992 18,430 25,422 6,489 13,105 19,594
1 Impaired loans for 2007 have been restated as a result of the reclassification of an element of a credit card portfolio as impaired. There
has been no effect on impairment allowances.