HSBC 2011 Annual Report Download - page 435

433
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
E
Earnings per share 2, 15, 18, 335
Economic background
Europe 60, Hong Kong 66, Latin America 89,
Middle East and North Africa 77,
North America 82, Rest of Asia-Pacific 71
Economic profit 37, 265
Efficiency and revenue mix ratios 3
Employees 243
compensation and benefits 269, 316
disabled 244
diversity and inclusion 244
engagement 14
numbers 29, 243, 316
remuneration policy 245
Encumbered assets 160
Enquiries (from shareholders) 416
Equity 34
Equity securities 165
Europe
balance sheet data 69, 340
collateral 144-147
customer accounts 36
economic background 60
lending 110, 111, 121, 123
loan impairment charges/allowances 135
principal operations 60
profit/(loss) 60, 64, 337
profit/(loss) by country 61
review of business performance 60
risk-weighted assets 59
underlying/reported profit 17
Eurozone
exposures 113, 121
risk 99
Events after the balance sheet date 413
Exposures 105, 108, 112, 149
F
Fair value 346
accounting policy 300
adjustments 348
governance structure 347
valuation bases 351
Fee income (net) 22
Financial assets
accounting policy 40, 305
designated at fair value 360
not qualifying for de-recognition 368
reclassification 359
Financial assets and liabilities
accounting policy 40, 305
by measurement basis 341
Financial guarantee contracts
accounting policy 309
Financial highlights 2
Financial instruments 346
accounting policy (fair value) 300
accounting policy (valuation) 295
at fair value 24
credit quality 126, 128, 191
net income from 313
not at fair value 357
Financial investments 365
accounting policy 40, 301
gains less losses from 25
Financial liabilities designated at fair value 381
Financial risks (insurance) 175, 205
Financial Services Compensation Scheme 400
Financial statements 278
Five-year comparison 18, 32
Footnotes 95, 185, 214, 290
Forbearance 133, 192
Foreclosures 125
Foreign currencies/exchange 167
accounting policy 309
exposures 392
rates 18, 32
Funding sources (diversity) 161
Funds under management 94
G
Geographical regions 59
Global businesses 44
Global Banking and Markets 45, 51
underlying/reported profit 17
Global People Survey 243
Global Private Banking 45, 54
underlying/reported profit 17
Glossary 423
Going concern 243
Goodwill
accounting policy 39, 305
and intangible assets 371, 375
Governance codes 229
Group Audit Committee 230
Group CEO’s Business Review 7
Group Chairman’s Statement 4
Group Management Board 230
Group Remuneration Committee 238, 256
Group Risk Committee 233
H
Health and safety 244
Highlights 1
Hong Kong
balance sheet data 69, 340
collateral 144-147
customer accounts 36
economic background 66
lending 110, 111, 121, 123
loan impairment charges/allowances 135
principal operations 66
profit/(loss) 66, 69
review of performance 66
risk-weighted assets 59
underlying/reported profit 17
HSBC Holdings plc
balance sheet 286, cash flow 287, credit risk 148, deferred
tax 334, dividends 334, employee compensation 317, 325,
financial assets and liabilities 344, financial instruments
not at fair value 359, liquidity and funding 162, 198,
market risk 167, 202, maturity analysis of assets and
liabilities 391, net income from financial instruments 313,
share plans 327, statement of changes in equity 288,
structural foreign exchange exposures 392, subordinated
liabilities 390, transactions with subsidiaries 412
I
Impairment
accounting policy 38, 297
allowances 135
assessment 190
charges 27, 140
goodwill 372
impaired loans and advances 133, 134
losses as percentage of loans and advances 142
methodologies 151, 195
movement by industry and geographical region 137, 138
Income statement (consolidated) 18, 279
Information on HSBC (availability thereof) 417
Insurance
accounting policy 310
balance sheet of manufacturing subsidiaries 173
claims incurred (net) and movements in liabilities to
policyholders 27, 314
in 2011 171
liabilities under contracts issued 383