EnglishKey figures
Read about the key figures from HSBC France’s annual results.
Share capital
Since 07 November 2011, the share capital of HSBC France amounted to € 337,189,135 divided into 67,437,827 shares, each with a nominal
value of € 5.
2010 Annual Results (in M€) - France Perimeter*
| 2009 | 2010** | vs 2009 | |
|---|---|---|---|
| Total Operating Income before loan impairment | 2,475 | 2,596 | +5% |
| Credit-risk provisions | -178 | -121 | -32% |
| Net Operating Income | 2,298 | 2,475 | +8% |
| Total Operating Expenses | -1,750 | -1,847 | +6% |
| Profit Before Tax | 548 | 628 | +15% |
| Profit Before Tax excluding accounting adjustments*** | 769 | 608 | -21% |
| Cost Efficiency Ratio | 64.9% | 71% | |
| End of period Basel II RWAs (FSA Rules) | 32,226 | 33,953 | -6% |
(*)HSBC in France primarily comprises the operations of HSBC France, HSBC Assurances and the Paris branch of HSBC Bank plc (excluding intra-Group funding costs)
(**)Including the gain on sale and lease-back of Paris Headquarters (€141m)
(***)Accounting adjustments: changes in fair value (FV) of covered bonds and own debt designated at FV due to credit spread, RegionalBanks swap amortisation, unwind shares, capital gains and impairment charge on HSBC shares allocated to employees
2009 Annual Results (in M€) - France Perimeter*
| 2008* | 2009 | vs 2008 | |
|---|---|---|---|
| Total Operating Income before loan impairment | 2,133 | 2,475 | +16% |
| Loan impairment charges | -123 | -178 | +45% |
| Net Operating Income | 2,010 | 2,298 | +14% |
| Operating Expenses | -1,709 | -1,750 | +2% |
| Profit Before Tax | 301 | 548 | +82% |
| Profit Before Tax excluding accounting adjustments | 282 | 769 | +172% |
| Cost Efficiency Ratio | 80.8% | 64.9% | |
| Basel II / FSA:RWA | 47,497 | 32,226 | -24% |
Tier 1 Ratio (Basel II) |
9.5% |
12.2% |
2.7% |
* On a legal basis, i.e excluding in 2008 the contribution of the regional banking subsidiaries sold and the capital gain of those disposals
** Excluding accounting adjustments : credit spread on own debt, discount on share option unwind, impairment of the HSBC shares and swap amortisation related to ex-Regional banking subsidiaries.
