Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 154

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 154
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 against cybersecurity threats. Our aim is to equip every colleague with the appropriate tools and behaviours they need to keep our organisation and customers’ data safe. We provide cybersecurity training and awareness to all our people, ranging from our top executives to IT developers to front- line branch staff around the world, and we deliver targeted training to staff that are identified as having elevated cyber risk exposure.

| Boosting genderrepresentation incybersecurityTo help address barriers to opportunity,HSBC Cybersecurity has been working toincrease the representation of women inemerging talent via a variety of initiativesacross 2024. These include:–Sponsoring the CyberFirst GirlsCompetition for the secondconsecutive year, aimed at inspiringgirls interested in technology to pursuea career in cybersecurity.–Providing cybersecurity work-shadowing opportunities toundergraduates who are part of theUK-based Women in Technologyprogramme.–Cybersecurity colleagues have hosteda range of events with universitystudents in Poland, Mexico, mainlandChina, India and the UK. |

We host an annual Cyber Awareness Month for all colleagues, covering topics such as online safety at home, social media safety, safe hybrid working, and cyber incidents and response. Our dedicated cybersecurity training and awareness team also provides a wide range of education and guidance to both customers and our colleagues about how to spot and prevent online fraud.

| HSBC Holdings plcAnnual Report on Form 20-F | 83 |

Financial review The financial review gives detailed reporting of our financial performance at Group level as well as across the global businesses we reported on in 2024 and legal entities.

| 84  | Financial summary                                 |
| 107 | Global businesses and legal entities              |
| 129 | Reconciliation of alternative performancemeasures |
| 135 | Other information                                 |

Hong Kong, 1980s. Serving Our Customers.

| 84 | HSBC Holdings plcAnnual Report on Form 20-F |

Financial summary

| Financial summary |

| Contents |                                              |
| 84       | Key financial measures: basis of preparation |
| 84       | Use of alternative performance measures      |
| 86       | Critical estimates and judgements            |
| 86       | Impact of hyperinflationary accounting       |
| 87       | Consolidated income statement                |
| 88       | Income statement commentary                  |
| 92       | Consolidated balance sheet                   |
| 96       | Average balance sheet                        |

Key financial measures: basis of preparation Return on average tangible equity excluding notable items From 1 January