Company: HBCYF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001654954-25-004763
Chunk: 37

Company: HSBC HOLDINGS PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 37
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 before tax                                                 |               |             |             |
| Reported                                                          |         9,484 |       2,277 |      12,650 |
| Notable items                                                     |           282 |       5,046 |      -3,682 |
| Reported profit before tax excluding notable items                |         9,766 |       7,323 |       8,968 |
| Currency translation1                                             |               |         -82 |        -152 |
| Constant currency profit before tax excluding notable             
 items                                                             |         9,766 |       7,241 |       8,816 |
| Constant currency impact of strategic transactions (distorting    
 impact of operating results between periods)2                     |             - |         -35 |        -201 |
| Constant currency profit before tax excluding notable items and   
 strategic transactions                                            |         9,766 |       7,206 |       8,615 |

1 Currency translation on the reported balance excluding currency translation on notable items.

2 For more details of strategic transactions, see 'Strategic transactions supplementary analysis' on page 26 .

To aid the understanding of our results, we separately report 'constant currency revenue excluding notable items' and 'constant currency profit before tax excluding notable items', which exclude the impact of notable items and the impact of foreign exchange translation. We also separately disclose 'constant currency revenue excluding notable items and the impact of strategic transactions' and 'constant currency profit before tax excluding notable items and the impact of strategic transactions', which also exclude the impact of strategic transactions classified as material notable items. The impacts of strategic transactions considered include the distorting impact observed between the periods of the operating income statement results related to acquisitions and disposals that affect period-on-period comparisons. Once a transaction has completed, the impact will include the operating income statement results of each business, which are not classified as notable items, in any comparative period if there are no results in the current period. We consider the monthly impact of distorting income statement results when calculating the impact of strategic transactions. We consider these measures to provide useful information to investors as they remove items that distort period-on-period comparisons.

| Return on average ordinary shareholders' equity, return on average 
 tangible equity and return on average tangible equity excluding    
 notable items                                                      |     | Quarter ended 
   31 Mar 2025 | 31 Dec 2024 | 31 Mar 2024 |
|:-------------------------------------------------------------------|:----|--------------:|------------:|------------:|
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