Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001654954-25-012267
Chunk: 43

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 43
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 of fair value losses on ADRs in Galicia received as part of the sale consideration for HSBC Argentina, which were sold in 2Q25.

2 Amounts in 'Dilution loss of interest in BoCom associate' include a loss of $1.1bn inclusive of reserves recycling as a result of the dilution of our shareholding in BoCom. We have also recognised a $1.0bn impairment loss following an impairment test on the carrying value of the Group's investment in BoCom in 'Impairment losses of interest in BoCom associate'.

3 Amounts relate to restructuring provisions recognised in 2025 as well as reversals of restructuring provisions recognised during 2022.

4 During 3Q25, a $0.3bn provision was recognised in connection with certain historical trading activities in HSBC Bank plc.

5 During 3Q25, a $1.1bn provision was recognised in connection with a claim brought by Herald Fund SPC in the Luxembourg District Court, relating to the Bernard L. Madoff Investment Securities LLC fraud. See page 17, 'Events after the balance sheet date'.

6 Includes a $4.8bn gain on disposal of our banking business in Canada, inclusive of a $0.3bn gain on the foreign exchange hedging of the sale proceeds, the recycling of $0.6bn in foreign currency translation reserve losses and $0.4bn of other reserves losses. This was partly offset by a $1.2bn impairment recognised in relation to the sale of our business in Argentina.

7 Amounts relate to reversals of restructuring provisions recognised during 2022.

| Reconciliation of reported results to constant currency results - 
 business segments                                                 |                               |         |         |         |           |           |
|                                                                   | Nine months ended 30 Sep 2024 |         |         |         |           |           |
|                                                                   |                          Hong 
                          Kong |      UK |     CIB |    IWPB | Corporate 
    Centre |     Total |
|                                                                   |                            $m |      $m |      $m |      $m |        $m |        $m |
| Revenue1                                                          |                               |         |         |         |           |           |
| -  Reported                                                       |                        11,214 |   8,886 |  20,259 |  10,802 |     3,129 |    54,290 |
| -  Currency translation                                           |                            14 |