Company: HBCYF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001089113-25-000046
Chunk: 31

Company: HSBC HOLDINGS PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 31
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523,660 | 254,903 |             390 | 1,570,164 |
| Currency translation                                    |                     2,747 |   6,983 |  -1,492 |  -3,300 |               5 |     4,943 |
| Constant currency                                       |                   469,526 | 331,415 | 522,168 | 251,603 |             395 | 1,575,107 |

1 Net operating income before change in expected credit losses and other credit impairment charges, also referred to as revenue.

| Notable items (continued)                              | Quarter ended 31 Mar 2024 |    |     |      |                 |       |
|:-------------------------------------------------------|:--------------------------|---:|----:|-----:|----------------:|------:|
|                                                        | Hong Kong                 | UK | CIB | IWPB | CorporateCentre | Total |
|                                                        | $m                        | $m |  $m |   $m |              $m |    $m |
| Notable items                                          |                           |    |     |      |                 |       |
| Revenue                                                |                           |    |     |      |                 |       |
| Disposals, wind-downs, acquisitions and related costs1 | —                         |  — |   — |   53 |           3,679 | 3,732 |
| Operating expenses                                     |                           |    |     |      |                 |       |
| Disposals, wind-downs, acquisitions and related costs  | —                         |  — |  -1 |   -1 |             -61 |   -63 |
| Restructuring and other related costs2                 | —                         |  2 |   3 |    — |               8 |    13 |

1 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 $1.1bn impairment recognised in relation to the sale of our business in Argentina. 2 Amounts relate to reversals of restructuring provisions recognised during 2022.

| 26 | HSBC Holdings plcEarnings Release 1Q25 on Form 6-K |

Earnings Release – 1Q25

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