HSBC 2015 Annual Report Download - page 69

HSBC HOLDINGS PLC
67
Strategic Report Financial Review Corporate Governance Financial Statements Shareholder Information
2014
RBWM CMB GB&M GPB Other Total
$m $m $m $m $m $m
Revenue1
Reported31 25,149 15,748 17,778 2,377 6,365 61,248
Currency translation31 (2,209) (1,242) (1,296) (138) (158) (4,775)
Significant items 877 9 328 41 (501) 754
–
DVA on derivative contracts
–
–
332
–
–
332
–
fair value movements on non-qualifying hedges32 493 (1) 8 1 40 541
–
gain on sale of several tranches of real estate
secured accounts in the US (168) – – – – (168)
–
gain on sale of shareholding in Bank of Shanghai
–
–
–
–
(428) (428)
–
impairment of our investment in Industrial Bank
–
–
–
–
271 271
–
own credit spread2
–
–
–
–
(417) (417)
–
provisions arising from the ongoing review of compliance with
the Consumer Credit Act in the UK 568 24 – 40 – 632
–
(gain)/loss and trading results from disposals and changes in
ownership levels (16) (14) (12) – 33 (9)
Adjusted31 23,817 14,515 16,810 2,280 5,706 57,227
LICs
Reported (1,936) (1,558) (365) 8
–
(3,851)
Currency translation 340 256 86 3 (2) 683
Significant items 2(2)
–
–
–
–
–
trading results from disposals and changes in ownership levels 2(2)
–
–
–
–
Adjusted (1,594) (1,304) (279) 11 (2) (3,168)
Operating expenses
Reported31 (18,030) (6,981) (12,028) (1,778) (8,601) (41,249)
Currency translation31 1,851 627 782 100 186 3,278
Significant items 1,118 189 1,896 71 121 3,395
–
charge in relation to the settlement agreement with the Federal
Housing Finance Authority 17 – 533 – – 550
–
regulatory provisions in GPB
–
–
–
65
–
65
–
restructuring and other related costs 88 37 27 6 120 278
–
settlements and provisions in connection with legal matters
–
–
1,187
–
–
1,187
–
UK customer redress programmes 992 138 145
–
–
1,275
–
trading results from disposals and changes in ownership levels 21 14 4
–
1 40
Adjusted31 (15,061) (6,165) (9,350) (1,607) (8,294) (34,576)
Share of profit in associates and joint ventures
Reported 398 1,605 504 19 6 2,532
Currency translation (5) (28) (7)
–
1 (39)
Adjusted 393 1,577 497 19 7 2,493
Profit/(loss) before tax
Reported 5,581 8,814 5,889 626 (2,230) 18,680
Currency translation (23) (387) (435) (35) 27 (853)
Significant items 1,997 196 2,224 112 (380) 4,149
–
revenue 877 9 328 41 (501) 754
–
LICs 2 (2)
–
–
–
–
–
operating expenses 1,118 189 1,896 71 121 3,395
Adjusted 7,555 8,623 7,678 703 (2,583) 21,976
For footnotes, see page 99.