HK Bourse: Overseas Regulatory Announcement From Hsbc Hldgs Plc -6-

2nd Aug 2010 01:35

HSBC Bank Malta p.l.c. First Half 2010 Results/11 30/06/10 31/12/09 30/06/10 31/12/09 30/06/10 31/12/09 30/06/10 31/12/09 30/06/10 31/12/09 000 000 000 000 000 000 000 000 000 000 Assets Segment total assets 2,185,197 2,129,646 1,639,941 1,682,729 1,781,682 1,305,425 - - 5,606,820 5,117,800 Average total assets 2,157,421 2,051,891 1,661,335 1,675,252 1,543,554 1,479,801 - - 5,362,310 5,206,944 Total equity 147,500 113,280 137,861 159,636 38,058 33,671 - - 323,419 306,587 HSBC Bank Malta p.l.c. First Half 2010 Results/12 Basis of preparation The condensed interim financial statements have been extracted from HSBC Bank Malta p.l.c.s (the bank) and its subsidiary undertakings (collectively referred to as the group) unaudited management accounts for the six month period ended 30 June 2010. These condensed interim financial statements are being published in terms of Chapters 8 and 9 of the Listing Rules issued by the Listing Authority and in terms of the Prevention of Financial Markets Abuse Act, 2005. The condensed interim financial statements have been prepared in accordance with accounting standards adopted for use in the EU for interim financial statements (EU adopted IAS 34, Interim Financial Reporting). They do not include all of the information required for full annual financial statements, and should be read in conjunction with the financial statements for the year ended 31 December 2009. The accounting policies applied in these condensed interim financial statements are the same as those applied by the group in its financial statements as at and for the year ended 31 December 2009. As required by the EU adopted IAS 34, Interim Financial Reporting, these interim financial statements include comparative statements of financial position information at the previous financial year end and comparative income statements and statements of comprehensive income information for the comparable interim periods of the immediately preceding financial year. Related party transactions with other members of the HSBC Group covering the period 1 January to 30 June 2010 have not materially affected the performance for the period under review. HSBC Bank Malta p.l.c. is a member of the HSBC Group, whose ultimate parent company is HSBC Holdings plc. Headquartered in London, HSBC Holdings plc is one of the largest banking and financial services organisations in the world. The HSBC Groups international network comprises around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Statement pursuant to Listing Rule 9.44k.3 issued by the Listing Authority I confirm that to the best of my knowledge: the condensed interim financial statements give a true and fair view of the financial position as at 30 June 2010, financial performance and cash flows for the period then ended, in accordance with accounting standards adopted for use in the EU for interim financial statements (EU adopted IAS 34 Interim Financial Reporting); and the commentary includes a fair review of the information required in terms of Listing Rule 9.44k.2. Alan Richards, Chief Executive Officer ends/all (MORE TO FOLLOW) Dow Jones Newswires August 01, 2010 20:35 ET (00:35 GMT)