HSBC France € 20,000,000,000 Euro Medium Term Note Programme

26
Gross loans and advances to customers
Half year ending 30 June 2008
(in millions of euros)
Gross loans by industry
sector as a % of total gross loans
Personal 244 26
Corporate 660 72
Financial 16 2
Total impaired loans and
advances to customers
920 100
Impairment allowances
When impairment losses occur, HSBC France reduces the carrying amount of loans and advances through the
use of an allowance account. When impairment of available-for-sale financial assets occurs, the carrying amount
of the asset is reduced directly.
Movement in allowance accounts for total loans and advances
(in millions of euros)
Individually
assessed
Half year ended 30 June 2008
Collectively
assessed
At 1 January
(644) (93) (737)
Amounts written off 30 – 30
Release of allowances no longer required 111 8 119
Change to income statement (143) (9) (152)
Exchange and other movements 201 21 222
At 30 June (445) (73) (518)
Total
Impairment allowances against loans and advances to customers
(in %) 30 June 2008 31 December
2007
31 December
2006
Total impairment allowances to gross lending 1
Individually assessed impairment allowances 1.22 1.60 1.63
Collectively assessed impairment allowances 0.20 0.23 0.21
Specific provision – – –
Total 1.42 1.83 1.84
1 Net of reverse repo transactions and settlement accounts.
Loan impairment charges and other credit risk provisions
Half year ended
30 June 2008
Year ended
31 December 2007
(in millions of euros)
Total Total Total
Year ended
31 December 2006
Individually assessed impairment allowances
New allowances 143 208 212
Release of allowances no longer required (111) (152) (175)
Recoveries of amounts previously written off (2) (10) (16)
Collectively assessed impairment allowances