HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED -THE- financials

HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED -THE-

Country: GB Reporting currency: HKD Latest annual report: 2022-12-31

LEI: 2HI3YI5320L3RW6NJ957

Financial statements (HKD, as reported — unscaled; 142 line items across 2 annual periods)

Line item	2022	2021
Income statement
Operating expenses	HK$110.51B	HK$104.88B
Employee benefits expense	HK$40.66B	HK$39.26B
Operating profit (EBIT)	HK$78.82B	HK$67.24B
Profit before tax	HK$97.61B	HK$86.56B
Income tax expense	HK$15.51B	HK$14.02B
Profit for the year	HK$82.10B	HK$72.55B
— attributable to owners	HK$75.51B	HK$64.63B
— attributable to NCI	HK$3.86B	HK$5.20B
Total comprehensive income	HK$41.95B	HK$74.94B
Cash flow statement
Net cash from operating activities	HK$263.82B	HK$113.33B
Net cash from investing activities	-HK$180.78B	-HK$50.90B
Purchase of PP&E (capex)	HK$2.80B	HK$2.72B
Purchase of intangibles	HK$11.77B	HK$10.84B
Net cash from financing activities	HK$35.05B	-HK$29.86B
Dividends paid	HK$37.67B	HK$63.52B
Net change in cash	HK$118.10B	HK$32.58B
Balance sheet
Total assets	HK$10.32T	HK$9.90T
Property, plant & equipment	HK$130.93B	HK$129.83B
Intangible assets & goodwill	HK$102.42B	HK$95.18B
Cash & equivalents	HK$1.12T	HK$1.06T
Total equity	HK$941.26B	HK$923.51B
— attributable to owners	HK$875.32B	HK$856.81B
Non-controlling interests	HK$65.94B	HK$66.70B
Deferred tax liabilities	HK$32.94B	HK$32.52B
Derived metrics
Free cash flow	HK$261.02B	HK$110.61B
Return on equity	8.7%	7.9%
Cash conversion ratio	3.21×	1.56×
Capex coverage	94.16×	41.70×
Other reported items
Adjustments For Decrease Increase In Other Assets	-HK$91.99B	HK$43.71B
Adjustments For Decrease Increase In Reverse Repurchase Agreements and Cash Collateral On Securities Borrowed	-HK$166.54B	-HK$174.64B
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss	HK$15.30B	HK$13.29B
Adjustments For Fair Value Gains Losses	HK$25.58B	HK$7.77B
Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates	HK$4.0M	HK$4.0M
Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Loans and Advances	HK$17.25B	HK$7.55B
Adjustments For Increase Decrease In Other Liabilities	HK$101.88B	HK$129.71B
Adjustments For Increase Decrease In Repurchase Agreements and Cash Collateral On Securities Lent	HK$95.72B	HK$119.22B
Adjustments For Provisions	HK$592.0M	HK$607.0M
Adjustments For Sharebased Payments	HK$843.0M	HK$913.0M
Adjustments For Unrealised Foreign Exchange Losses Gains	HK$36.98B	HK$8.02B
Amortisation Intangible Assets Other Than Goodwill	HK$6.14B	HK$4.40B
Amounts Removed From Equity and Adjusted Against Fair Value of Financial Assets On Reclassification Out of Fair Value Through Other Comprehensive Income Measurement Category Before Tax	-HK$342.0M	HK$17.0M
Banking Arrangements Classified As Cash Equivalents	HK$286.10B	HK$306.24B
Cash and Bank Balances At Central Banks	HK$232.74B	HK$276.86B
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities	HK$4.17B	HK$13.0M
Claims and Benefits Paid Net of Reinsurance Recoveries	HK$69.81B	HK$76.05B
Comprehensive Income Attributable To Noncontrolling Interests	HK$2.85B	HK$5.08B
Comprehensive Income Attributable To Owners of Parent	HK$36.36B	HK$67.15B
Current Tax Liabilities	HK$6.00B	HK$2.38B
Debt Securities	HK$100.91B	HK$67.36B
Deferred Tax Assets	HK$3.86B	HK$3.35B
Deposits From Banks	HK$198.91B	HK$280.31B
Deposits From Customers	HK$6.11T	HK$6.18T
Depreciation Property Plant and Equipment	HK$9.16B	HK$8.89B
Derivative Financial Assets	HK$502.77B	HK$365.17B
Derivative Financial Liabilities	HK$551.75B	HK$355.79B
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners	—	HK$10.58B
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share	—	HK$0.23
Dividends Received	HK$5.59B	HK$6.97B
Dividends Received Classified As Operating Activities	HK$6.00B	HK$5.53B
Dividends Recognised As Distributions To Owners Per Share	HK$0.68	HK$1.21
Effect of Exchange Rate Changes On Cash and Cash Equivalents	-HK$51.49B	-HK$25.30B
Equity and Liabilities	HK$10.32T	HK$9.90T
Fee and Commission Expense	HK$14.02B	HK$12.52B
Fee and Commission Income	HK$50.62B	HK$57.82B
Fee and Commission Income Expense	HK$36.60B	HK$45.30B
Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading	HK$699.80B	HK$777.45B
Financial Liabilities At Fair Value Through Profit Or Loss Classified As Held For Trading	HK$142.45B	HK$92.72B
Financial Liabilities At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition	HK$167.74B	HK$138.97B
Gain Recognised In Bargain Purchase Transaction	HK$665.0M	HK$0
Gains Losses On Availableforsale Financial Assets	HK$47.0M	HK$1.67B
Gains Losses On Cash Flow Hedges Before Tax	HK$5.85B	HK$7.04B
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss	-HK$1.99B	-HK$494.0M
Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Mandatorily Measured At Fair Value	HK$34.0M	-HK$25.0M
Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax	-HK$17.08B	-HK$3.91B
Government Debt Instruments Held	HK$341.35B	HK$332.04B
Income Arising From Insurance Contracts	HK$80.42B	HK$61.72B
Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income	-HK$412.0M	-HK$112.0M
Income Tax Relating To Changes In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability of Other Comprehensive Income	HK$873.0M	HK$109.0M
Income Tax Relating To Changes In Revaluation Surplus of Other Comprehensive Income	HK$820.0M	HK$872.0M
Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income	-HK$3.20B	-HK$1.19B
Income Tax Relating To Investments In Equity Instruments of Other Comprehensive Income	HK$3.0M	HK$2.0M
Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income	HK$47.0M	HK$161.0M
Income Taxes Paid Refund Classified As Operating Activities	HK$11.46B	HK$12.65B
Increase Decrease In Allowance Account For Credit Losses of Financial Assets	-HK$16.36B	-HK$6.54B
Increase Decrease Through Sharebased Payment Transactions	HK$11.0M	-HK$44.0M
Increase Decrease Through Transfers and Other Changes Equity	-HK$2.16B	HK$602.0M
Insurance Finance Income Expenses From Insurance Contracts Issued Recognised In Profit Or Loss	-HK$13.19B	HK$18.18B
Interest Expense	HK$53.24B	HK$23.27B
Interest Paid Classified As Operating Activities	HK$50.87B	HK$26.55B
Interest Received Classified As Operating Activities	HK$181.30B	HK$133.96B
Interest Revenue Expense	HK$126.85B	HK$98.11B
Investments In Subsidiaries Joint Ventures and Associates	HK$185.90B	HK$188.49B
Issue of Convertible Instruments	HK$7.77B	—
Issue of Equity	HK$7.85B	—
Issued Capital	HK$180.18B	HK$172.34B
Items In Course of Collection From Other Banks	HK$28.56B	HK$21.63B
Items In Course of Transmission To Other Banks	HK$33.07B	HK$25.70B
Liabilities	HK$9.38T	HK$8.98T
Loans and Advances To Banks	HK$519.02B	HK$432.25B
Loans and Advances To Customers	HK$3.71T	HK$3.84T
Mandatory Reserve Deposits At Central Banks	HK$65.03B	HK$67.34B
Notes and Debentures Issued	HK$341.35B	HK$332.04B
Number of Shares Issued	3138.4M	—
Other Adjustments For Noncash Items	-HK$1.51B	HK$5.42B
Other Comprehensive Income	-HK$40.15B	HK$2.40B
Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability	HK$5.46B	HK$631.0M
Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments	HK$868.0M	-HK$3.48B
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans	HK$232.0M	HK$885.0M
Other Comprehensive Income Before Tax Gains Losses On Revaluation	HK$4.68B	HK$5.64B
Other Comprehensive Income Net of Tax Cash Flow Hedges	-HK$1.97B	-HK$700.0M
Other Comprehensive Income Net of Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability	HK$4.59B	HK$522.0M
Other Comprehensive Income Net of Tax Exchange Differences On Translation	-HK$32.05B	HK$3.97B
Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income	-HK$13.68B	-HK$4.01B
Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments	HK$865.0M	-HK$3.48B
Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans	HK$185.0M	HK$724.0M
Other Comprehensive Income Net of Tax Gains Losses On Revaluation	HK$3.86B	HK$4.77B
Other Equity Interest	HK$52.39B	HK$44.62B
Other Operating Income Expense	HK$3.78B	HK$2.03B
Other Reserves	HK$109.23B	HK$151.80B
Payments From Changes In Ownership Interests In Subsidiaries	HK$1.55B	HK$0
Proceeds From Issue of Subordinated Liabilities	HK$81.01B	HK$57.76B
Proceeds From Issuing Shares	HK$15.62B	HK$0
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities	HK$73.0M	HK$96.0M
Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities	HK$1.09T	HK$1.19T
Purchase of Financial Instruments Classified As Investing Activities	HK$1.26T	HK$1.23T
Reclassification Adjustments On Cash Flow Hedges Before Tax	HK$8.23B	HK$7.85B
Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax	HK$139.0M	HK$1.28B
Recognised Liabilities Defined Benefit Plan	HK$1.66B	HK$1.89B
Repayments of Subordinated Liabilities	HK$22.37B	HK$24.10B
Repurchase Agreements and Cash Collateral On Securities Lent	HK$351.09B	HK$255.37B
Restricted Cash and Cash Equivalents	HK$161.25B	HK$128.76B
Retained Earnings	HK$533.52B	HK$488.06B
Revenue and Operating Income	HK$205.69B	HK$178.66B
Revenue From Interest	HK$180.10B	HK$121.38B
Reverse Repurchase Agreements and Cash Collateral On Securities Borrowed	HK$927.98B	HK$803.77B
Selling General and Administrative Expense	HK$54.55B	HK$52.33B
Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax	-HK$1.96B	HK$596.0M
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method	HK$18.79B	HK$19.32B
Subordinated Liabilities	HK$3.12B	HK$4.05B
Trade and Other Payables To Related Parties	HK$398.70B	HK$356.23B
Trade and Other Receivables Due From Related Parties	HK$140.55B	HK$112.72B
Trading Income Expense	HK$41.67B	HK$28.36B

Methodology

Every line item above is a fact tagged in HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED -THE-'s annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (HKD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.