HSBC 2011 Annual Report Download - page 111

109
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Gross loans and advances by industry sector
(Audited)
2011
Currency
effect
Move-
ment 2010 2009 2008 2007
US$m US$m US$m US$m US$m US$m US$m
Personal ................................................. 393,625 (4,735) (26,960) 425,320 434,206 440,227 500,834
Residential mortgages4 ..................... 278,963 (1,825) 12,107 268,681 260,669 243,337 269,068
Other personal5 ................................. 114,662 (2,910) (39,067) 156,639 173,537 196,890 231,766
Corporate and commercial ................... 472,816 (6,329) 33,633 445,512 383,090 407,474 400,771
Manufacturing6 ................................. 96,054 (1,765) 6,698 91,121 80,487 81,103 72,895
International trade and services6 ...... 152,709 (2,074) 8,210 146,573 115,641 128,737 129,143
Commercial real estate ..................... 73,941 (598) 2,659 71,880 69,389 70,969 72,345
Other property-related ...................... 39,539 (245) 4,946 34,838 30,520 30,739 33,907
Government ...................................... 11,079 (258) 2,743 8,594 6,689 6,544 5,708
Other commercial7 ............................ 99,494 (1,389) 8,377 92,506 80,364 89,382 86,773
Financial ............................................... 86,219 (1,874) (13,632) 101,725 96,650 101,085 99,148
Non-bank financial institutions ........ 85,275 (1,818) (13,070) 100,163 95,237 99,536 96,781
Settlement accounts .......................... 944 (56) (562) 1,562 1,413 1,549 2,367
Asset-backed securities reclassified ..... 5,280 (14) (598) 5,892 7,827 7,991 –
Total gross loans and advances to
customers (‘TGLAC’) ...................... 957,940 (12,952) (7,557) 978,449 921,773 956,777 1,000,753
Gross loans and advances to banks ...... 181,112 (5,669) (21,648) 208,429 179,888 153,829 237,373
Total gross loans and advances ............ 1,139,052 (18,621) (29,205) 1,186,878 1,101,661 1,110,606 1,238,126
Impaired loans and advances to
customers8..................................... 41,584 (575) (4,712) 46,871 30,606 25,352 19,582
– as a percentage of TGLAC .......... 4.3% 4.8% 3.3% 2.6% 2.0%
Impairment allowances on loans and
advances to customers ...................... 17,511 (396) (2,176) 20,083 25,542 23,909 19,205
– as a percentage of TGLAC .......... 1.8% 2.1% 2.8% 2.5% 1.9%
Charge for impairment losses ............... 11,505 185 (2,228) 13,548 24,942 24,131 17,177
New allowances net of allowance
releases ......................................... 12,931 210 (1,847) 14,568 25,832 24,965 18,182
Recoveries ........................................ (1,426) (25) (381) (1,020) (890) (834) (1,005)
For footnotes, see page 185.
Movements in the above table attributed to the
reclassification of certain loans and advances to held
for sale were: US$33.2bn of other personal lending,
US$1.3bn of residential mortgages, US$1.3bn of
manufacturing international trade and services, and
US$0.4bn of commercial real estate, US$0.5bn of
loans and advances to banks and US$0.6bn related to
other industry sectors.