HK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc -3-

2nd Aug 2010 01:34

HSBC Bank Malta p.l.c. First Half 2010 Results/5 Statements of Comprehensive Income for the period 1 January 2010 to 30 June 2010 Group Bank 6 mths to 6 mths to 6 mths to 6 mths to 30/06/10 30/06/09 30/06/10 30/06/09 000 000 000 000 Profit attributable to sha27,379 reholders 22,474 24,132 25,962 Other comprehensive income Available-for-sale investments: - change in fair value 6,758 3,827 5,737 3,463 - change in fair value transferred to profit or loss - (453) - (453) - income taxes (2,365)(1,181) (2,008) (1,054) Other comprehensive income for the period, net of tax 4,393 2,193 3,729 1,956 Total comprehensive income for the period, net of tax 31,772 24,667 27,861 27,918 HSBC Bank Malta p.l.c. First Half 2010 Results/6 Statements of Financial Position at 30 June 2010 Group Bank 30/06/10 31/12/09 30/06/10 31/12/09 000 000 000 000 Assets Balances with Central Bank of Malta, Treasury Bills and cash 545,542 172,671 545,541 172,670 Cheques in course of collection 12,051 10,764 12,051 10,764 Financial assets held for trading 20,132 11,746 20,831 11,964 Financial assets designated at fair value through profit or loss 270,938 248,553 - - Financial investments 694,355 478,975 594,855 380,275 Loans and advances to banks 625,394 747,657 625,389 747,582 Loans and advances to customers 3,204,337 3,226,477 3,204,337 3,226,477 Shares in subsidiary companies - - 35,707 35,707 Intangible assets 65,511 60,691 1,323 1,741 Property and equipment 64,774 65,397 4764,0 858 65, Investment property 14,587 14,588 11,664 11,665 Assets held for sale 9,870 10,604 9,870 10,604 Current tax recoverable 6,174 6,164 4,543 4,516 Deferred tax assets 7,709 9,053 7,402 8,766 Other assets 26,591 20,712 9,764 7,931 Prepayments and accrued income 38,855 33,748 34,577 30,006 Total assets 5,606,820 5,117,800 5,182,712 4,726,138 Liabilities Financial liabilities held for trading 18,241 11,044 18,241 11,046 Amounts owed to banks 515,432 168,771 515,385 168,771 Amounts owed to customers 4,146,044 4,086,669 4,211,632 4,146,295 Provision for current tax 8,973 207 8,512 - Deferred tax liabilities 20,507 18,851 - - Liabilities to customers under investment contracts 17,022 16,853 - - Liabilities under insurance contracts issued 382,271 351,513 - - Other liabilities 51,470 35,479 46,927 32,221 Accruals and deferred income 35,039 33,422 34,350 33,068 Provisions for liabilities and other charges 548 577 506 514 Subordinated liabilities 87,854 87,827 87,854 87,827 Total liabilities 5,283,401 4,811,213 4,923,407 4,479,742 Equity Share capital 87,552 87,552 87,552 87,552 Revaluation reserve 30,218 25,825 28,759 25,030 Retained earnings 205,649 193,210 142,994 133,814 Total equity 323,419 306,587 259,305 246,396 Total liabilities and equity 5,606,820 5,117,800 5,182,712 4,726,138 Memorandum items Contingent liabilities 122,727 119,449 122,750 119,472 Commitments 906,789 923,900 906,789 923,900 The financial statements were approved by the Board of Directors on 30 July 2010 and signed on its behalf by: Albert Mizzi, Chairman Alan Richards, Chief Executive Officer (MORE TO FOLLOW) Dow Jones Newswires August 01, 2010 20:34 ET (00:34 GMT)