HSBC 2009 Annual Report Download - page 354

HSBC HOLDINGS PLC
Financial Statements
Contents / Consolidated income statement
352
Page
Financial Statements
Consolidated income statement ..................... 353
Consolidated statement of comprehensive
income ....................................................... 354
Consolidated balance sheet ........................... 355
Consolidated statement of cash flows ............ 356
Consolidated statement of changes in
equity ......................................................... 357
HSBC Holdings balance sheet ...................... 360
HSBC Holdings statement of cash flows ....... 361
HSBC Holdings statement of changes in
equity ......................................................... 362
Footnotes to Financial Statements ............. 364
Notes on the Financial Statements
1 Basis of preparation ............................... 365
2 Summary of significant accounting
policies ............................................... 369
3 Net income/(expense) from financial
instruments designated at fair value ... 385
4 Gains arising from dilution of interests
in associates ........................................ 386
5 Net earned insurance premiums ............. 386
6 Net insurance claims incurred and
movement in liabilities to
policyholders ...................................... 387
7 Net operating income ............................. 388
8 Employee compensation and benefits .... 388
9 Auditors’ remuneration .......................... 400
10 Share-based payments ........................... 401
11 Tax expense ........................................... 407
12 Dividends ............................................... 410
13 Earnings per share .................................. 411
14 Segmental analysis ................................. 412
15 Analysis of financial assets and
liabilities by measurement basis ......... 418
Page
16 Trading assets ........................................ 422
17 Financial assets designated at fair
value ................................................... 423
18 Derivatives ............................................. 424
19 Financial investments ............................ 428
20 Transfers of financial assets not
qualifying for de-recognition ............. 431
21 Interests in associates and joint
ventures .............................................. 432
22 Goodwill and intangible assets .............. 434
23 Property, plant and equipment ............... 439
24 Investments in subsidiaries .................... 442
25 Other assets ............................................ 444
26 Trading liabilities ................................... 445
27 Financial liabilities designated at fair
value ................................................... 445
28 Debt securities in issue .......................... 446
29 Other liabilities ...................................... 447
30 Liabilities under insurance contracts ..... 447
31 Provisions .............................................. 450
32 Subordinated liabilities .......................... 450
33 Maturity analysis of assets and
liabilities .............................................
454
34 Foreign exchange exposures .................. 455
35 Assets charged as security for
liabilities and collateral accepted as
security for assets ............................... 456
36 Minority interests ................................... 457
37 Called up share capital and other equity
instruments ......................................... 457
38 Notes on the statement of cash flows ..... 461
39 Contingent liabilities, contractual
commitments and guarantees ............. 463
40 Lease commitments ............................... 465
41 Rights issue ............................................ 466
42 Litigation ............................................... 467
43 Related party transactions ...................... 468
44 Events after the balance sheet date ........ 471