Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001654954-25-012267
Chunk: 45

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 45
---
 -21 |                              -54 |                              -29 |                    -27 |          -97 |   -773 |
| Legal provisions4,5                                   |                             - |        -1,421 |                                                     - |                             - |                                - |                                - |                      - |            - | -1,421 |
| Impairment losses of interest in BoCom                
 associate2                                            |                             - |             - |                                                -1,000 |                             - |                                - |                                - |                      - |            - | -1,000 |

1 Includes $0.1bn 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'.

| Reconciliation of reported results to constant currency results - 
 legal entities                                                    |                               |               |                                                   |                               |                                  |                  |                                  |                         |                                       |           |
|                                                                   | Nine months ended 30 Sep 2024 |               |                                                   |                               |                                  |                  |                                  |                         |                                       |           |
|                                                                   |              HSBC UK Bank plc | HSBC Bank plc | The Hongkong andShanghaiBankingCorporationLimited | HSBC Bank Middle East Limited | HSBC North America Holdings Inc. | HSBC Bank Canada | GrupoFinancieroHSBC, S.A.de C.V. | Other trading entities1 | Holdingcompanies,sharedservicecentres 
            andintra-groupeliminations |     Total |
|                                                                   |                            $m |            $m