HSBC 2011 Annual Report Download - page 139

137
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Movement in impairment allowances by industry sector
(Audited)
2011 2010 2009 2008 2007
US$m US$m US$m US$m US$m
Impairment allowances at 1 January ........................................... 20,241 25,649 23,972 19,212 13,585
Amounts written off .................................................................... (12,480) (19,300) (24,840) (17,955) (12,844)
Personal ................................................................................... (10,431) (16,458) (22,703) (16,625) (11,670)
– residential mortgages ....................................................... (2,662) (4,163) (4,704) (2,110) (930)
– other personal ................................................................... (7,769) (12,295) (17,999) (14,515) (10,740)
Corporate and commercial ...................................................... (2,009) (2,789) (1,984) (1,294) (1,163)
– manufacturing and international trade and services5 ....... (1,137) (1,050) (1,093) (789) (897)
– commercial real estate and other property-related .......... (392) (1,280) (327) (115) (98)
– other commercial ............................................................. (480) (459) (564) (390) (168)
Financial29 ................................................................................ (40) (53) (153) (36) (11)
Recoveries of amounts written off in previous years .................. 1,426 1,020 890 834 1,005
Personal ................................................................................... 1,175 846 712 686 837
– residential mortgages ....................................................... 86 93 61 19 19
– other personal ................................................................... 1,089 753 651 667 818
Corporate and commercial ...................................................... 242 156 170 142 157
– manufacturing and international trade and services5 ....... 135 92 123 76 74
– commercial real estate and other property-related .......... 20 21 9 6 29
– other commercial ............................................................. 87 43 38 60 54
Financial29 ................................................................................ 9 18 8 6 11
Charge to income statement30 ...................................................... 11,505 13,548 24,942 24,131 17,177
Personal ................................................................................... 9,318 11,187 19,781 20,950 15,968
– residential mortgages ....................................................... 4,103 3,461 4,185 5,000 1,840
– other personal ................................................................... 5,215 7,726 15,596 15,950 14,128
Corporate and commercial ...................................................... 2,114 2,198 4,711 2,879 1,176
– manufacturing and international trade and services5 ....... 901 909 2,392 1,573 897
– commercial real estate and other property-related .......... 764 660 1,492 755 152
– other commercial ............................................................. 449 629 827 551 127
Financial29 ................................................................................ 73 163 450 302 36
Governments ........................................................................... – – – – (3)
Exchange and other movements .................................................. (3,056) (676) 685 (2,250) 289
At 31 December ........................................................................... 17,636 20,241 25,649 23,972 19,212
Impairment allowances against banks:
– individually assessed ............................................................ 125 158 107 63 7
Impairment allowances against customers:
– individually assessed ............................................................ 6,537 6,457 6,494 3,284 2,699
– collectively assessed ............................................................. 10,974 13,626 19,048 20,625 16,506
At 31 December ........................................................................... 17,636 20,241 25,649 23,972 19,212
% % % % %
Impairment allowances against customers as a percentage of
loans and advances to customers:
– individually assessed ............................................................ 0.68
0.66 0.70 0.34 0.27
– collectively assessed ............................................................. 1.15
1.39 2.07 2.16 1.65
At 31 December ........................................................................... 1.83
2.05 2.77 2.50 1.92
For footnotes, see page 185.