Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001089113-25-000056
Chunk: 14

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 14
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 ‘ LCR ‘ ) is based on the average value of the preceding 12 months.

Basis of presentation Constant currency performance Constant currency performance is computed by adjusting reported results for the effects of foreign currency translation differences, which reflect the movements of the US dollar against most major currencies during 2025. Excluding these differences allows us to assess balance sheet and income statement performance on a like-for-like basis and to better understand the underlying trends in the business. Foreign currency translation differences at 30 September 2025 are computed by retranslating into US dollars for non-US dollar branches, subsidiaries, joint ventures and associates: – the income statement for 9M24 at the average rate of exchange for 9M25; – the income statement for the quarterly periods at the average rate of exchange for 3Q25; – the closing prior period balance sheets at the prevailing rates of exchange on 30 September 2025. No adjustment has been made to the exchange rates used to translate foreign currency-denominated assets and liabilities into the functional currencies of any HSBC branches, subsidiaries, joint ventures or associates. The constant currency data of our operations in Türkiye has not been adjusted further for the impacts of hyperinflation. When reference is made to foreign currency translation differences in tables or commentaries, comparative data reported in the functional currencies of HSBC’s operations has been translated at the appropriate exchange rates applied in the current period on the basis described above. Notable items and material notable items We separately disclose ‘notable items’, which are components of our income statement that management would consider as outside the normal course of business and generally non-recurring in nature. Certain notable items are classified as ‘material notable items’, which are a subset of notable items. Categorisation as a material notable item is dependent on the nature of each item in conjunction with the financial impact on the Group’s income statement, and are excluded from our ‘target basis dividend payout ratio’ calculation and ‘earnings per share excluding material notable items and related impacts ’ measure. Material notable items in 9M25 or relevant comparative periods relate to the operating expenses associated with actions to exit or wind down non- strategic businesses. They also include a dilution loss and the recognition of an impairment of our investment in BoCom, a legal provision relating to developments in a claim in Luxembourg relating to the Bernard L. Madoff Investment Securities LLC fraud , as well as the impacts of transactions completed in previous periods, including the sale of our retail banking operations in France, the sale of our banking