Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 520

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 520
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 the sale of our retail banking business in France and $ 1.8 bn from the sale of our business in Argentina. 5 Subordinated liabilities changes during the year are attributable to repayments of $( 2.0)b n (2023: $( 2.1)b n; 2022: $( 1.8)b n) of securities. Non-cash changes during the year included foreign exchange gains/losses of $ 1.6b n gain (2023: $ 0.6b n loss; 2022: $ 1.1b n gain) and fair value gains/losses of $ 1.0b n gain (2023: $ 0.8b n loss; 2022: $ 3.1b n gain). 6 At 31 December 2024, $ 50.4b n (2023: $ 61.8 bn ; 2022: $ 59.3 bn) was not available for use by HSBC due to a range of restrictions, including currency exchange and other restrictions. 7 Includes $ 1.9 bn (2023: $ 5.6 bn, 2022: $ 6.5 bn) of cash and balances at central bank s and $ 0.1 bn (2023: $ 10.5 bn, 2022: $ 0.2 bn ) of loans and advances to banks of one month or less. There is nil balance in 2024 f or reverse repurchase agreements with banks of one month or less (2023: $ 0.2 bn, 2022: $ 1.3 bn) and cash collateral, net settlement accounts and items in course of collection from/transmission to other banks (2023: $( 0.4 ) bn, 2022: $ ( 0.2 ) bn). 8 The amount in this line is included in the ‘Financial investments’ and ‘Financial assets designated and otherwise mandatorily measured at fair value through profit or loss’ line items in the Consolidated balance sheet on page 365 .

| HSBC Holdings plcAnnual Report on Form 20-F | 371 |

| HSBC Holdings income statement                                                                                
 for the year ended 31 December2024                                                                            |        |    2024 |   2023 |   2022 |
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