Company: HBCYF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001654954-25-004763
Chunk: 42

Company: HSBC HOLDINGS PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 42
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                                                      |                       400,488 | 485,961 | 1,315,249 | 333,177 |          73,577 | 2,608,452 |                   -3,466 | -2,049 | -3,529 | -1,531 |             -43 | -10,618 |
|                                                                     |                    Fair value |         |           |         |                 |           | Memorandum allowance for 
                     ECL5 |        |        |        |                 |         |
|                                                                     |                     Hong Kong |      UK |       CIB |    IWPB |       Corporate 
          Centre |     Total |                Hong Kong |     UK |    CIB |   IWPB |       Corporate 
          Centre |   Total |
|                                                                     |                            $m |      $m |        $m |      $m |              $m |        $m |                       $m |     $m |     $m |     $m |              $m |      $m |
| Debt instruments measured at fair value through other comprehensive 
 income ('FVOCI')                                                    |                       131,789 |  25,877 |   145,790 |  55,418 |           7,555 |   366,429 |                       -1 |     -1 |    -16 |    -12 |             -26 |     -56 |

1 The total ECL is recognised in the loss allowance for the financial asset unless the total ECL exceeds the gross carrying amount of the financial asset, in which case the ECL is recognised as a provision.

2 At 31 March 2025, the gross carrying amount comprised $1.5bn of loans and advances to customers and banks and $2.0bn of other financial assets at amortised cost including the sales of our private banking business in Germany ($2.0bn) and our business in South Africa ($0.8bn). The corresponding allowance for ECL comprised $11m of loans and advances to customers and banks and $0.2m of other financial assets at amortised cost.

3 Includes only those financial instruments that are subject to the impairment requirements of IFRS 9. 'Other assets' as presented within the summary consolidated balance sheet on page 14 comprises both financial and non-financial assets, including cash collateral and settlement accounts.

4 Represents the maximum amount at risk should the contracts be fully drawn upon and clients default.

5 Debt instruments measured at FVOCI continue to