Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001654954-25-012267
Chunk: 41

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 41
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 debt and associated swaps, fair value movements on financial instruments, revaluation gains and losses on investment properties and property disposals, as well as consolidation adjustments and other revenue items not allocated to business segments.

3 Revenue from Markets Treasury, HSBC Holdings net interest expense and hyperinflation are allocated out to the business segments, to align them better with their revenue and expense. The total Markets Treasury revenue component of this allocation for 3Q25 was $607m (3Q24: $303m).

4 Impact of strategic transactions classified as material notable items. For further details, see 'Strategic transactions supplementary analysis' on page 31 .

A pre-tax loss of $0.6bn in 3Q25 compared with a pre-tax profit of $0.4bn in 3Q24 on a constant currency basis. The reduction was primarily due to the recognition of a legal provision of $1.1bn in 3Q25. This was partly offset by an increase in revenue of $0.1bn reflecting a favourable movement in notable items, primarily from the non-recurrence of a $0.3bn loss in 3Q24 related to the early redemption of legacy securities. This was partly offset by lower fee and other income, which included fair value movements on financial instruments in Central Treasury and structural foreign exchange hedges and a loss on the redemption of legacy securities.

### Supplementary financial information
Reported and constant currency results

| Reported and constant currency results1                      | Nine months ended 
       30 Sep 2025 | 30 Sep 2024 | Quarter ended 
   30 Sep 2025 | 30 Jun 2025 | 30 Sep 2024 |
|:-------------------------------------------------------------|------------------:|------------:|--------------:|------------:|------------:|
|                                                              |                $m |          $m |            $m |          $m |          $m |
| Revenue2,3                                                   |                   |             |               |             |             |
| Reported                                                     |            51,910 |      54,290 |        17,788 |      16,473 |      16,998 |
| Currency translation                                         |                 - |         -61 |             - |          88 |         174 |
| Constant currency                                            |            51,910 |      54,229 |        17,788 |      16,561 |      17,172 |
| Change in expected credit losses and other credit impairment 
 charges                                                      |