Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 518

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 518
---
 1.25 |    1.15 |    0.72 |
| Diluted earnings per ordinary share                                                                                                                   |      9 |    1.24 |    1.14 |    0.72 |

For Notes on the financial statements, see page 375 . 1 Interest income includes $ 93,388m (2023: $ 88,657m ; 2022: $ 45,994m ) of interest recognised on financial assets measured at amortised cost and $ 15,273m (2023: $ 12,134m ; 2022: $ 6,293m ) of interest recognised on financial assets measured at fair value through other comprehensive income. It also includes a net $ 237m los s related to the early redemption of legacy securities. 2 Interest income is calculated using the effective interest method and comprises interest recognised on financial assets measured at either amortised cost or fair value through other comprehensive income. 3 Interest expense includes $ 72,594m (2023: $ 62,095m ; 2022: $ 20,798m ) of interest on financial instruments, excluding interest on debt instruments issued by HSBC for funding purposes that are designated under the fair value option to reduce an accounting mismatch and on derivatives managed in conjunction with those debt instruments included in interest expense. 4 Includes a $ 255 m gain ( 2023: $ 315 m loss) on the foreign exchange hedging of the proceeds from the sale of our banking business in Canada and a $ 114 m mark-to-market gain (2023 : nil ) on interest rate hedging of the portfolio of retained loans post sale of our retail banking business in France. 5 G ain recognised in respect of the acquisition of SVB UK. 6 This line item has been updated to include amounts from Other operating income relating to all sales of business operations; in the 2023 Annual Report and Accounts, this line item only reflected the disposal of our France retail banking business . The amount in 2024 includes a $ 1.0b n loss on disposal and a $ 5.2b n loss on the recycling in foreign currency translation reserve losses and other reserves arising on sale of our business in Argentina. This was partly offset by a gain of $ 4.6b n, inclusive of the recycling of $ 0.6b n in foreign currency translation reserve losses and $ 0.4b n of other reserves losses