HSBC 2014 Annual Report Download - page 195

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HSBC BANK PLC
Notes on the Financial Statements (continued)
193
2014
2013
£m
£m
Income Statement
Interest income
47
71
Interest expense
189
177
Fee income
1
1
Dividend income
1
1
Trading income
1
10
Other operating income
66
20
General and administrative expenses
37
76
1 The disclosure of the year-end balance and the highest balance during the year is considered the most meaningful information to represent
transactions during the year.
Transactions detailed below include amounts due to/from fellow subsidiaries of HSBC Holdings plc
2014
2013
Highest balance
during the year1
Balance at
31 December1
Highest balance
during the year1
Balance at
31 December1
£m
£m
£m
£m
Assets
Trading assets
8,093
1,489
9,765
1,801
Derivatives
19,767
19,767
21,175
15,698
Financial assets designated at fair value
25
21
62
18
Loans and advances to banks
12,106
12,106
10,542
9,301
Loans and advances to customers
5,624
4,643
4,161
3,969
Financial investments
246
77
270
114
Liabilities
Trading liabilities
12,954
7,269
20,165
7,163
Financial liabilities designated at fair value
–
–
–
–
Deposits by banks
11,124
9,040
15,225
9,230
Customer accounts
8,574
1,453
9,017
6,878
Derivatives
19,289
19,289
19,664
15,745
Subordinated amount due
1,818
1,694
2,220
1,826
Guarantees
1,791
1,102
2,016
889
1 The disclosure of the year-end balance and the highest balance during the year is considered the most meaningful information to represent
transactions during the year.
2014
2013
£m
£m
Income Statement
Interest income
31
24
Interest expense
114
137
Fee income
95
102
Fee expense
220
296
Trading income
38
82
Other operating income
123
70
General and administrative expenses
317
273
The above outstanding balances arose from the ordinary course of business and on substantially the same terms,
including interest rates and security, as for comparable transactions with third party counterparties.