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Annual Report 2011 - Hong Kong Monetary Authority

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<strong>2011</strong> 2010 Change<br />

(in CHF ‘000) (in CHF ‘000) (in %)<br />

16 Guarantees to third parties Total 187,134 181,730 3.0<br />

Surety bonds 3,488 4,618 (24.5)<br />

Guarantees 183,646 177,112 3.7<br />

187,134 181,730<br />

17 Fiduciary transactions Total 2,337,514 3,137,241 (25.5)<br />

Fiduciary deposits with banks outside the Group 2,074,306 2,978,486 (30.4)<br />

Fiduciary deposits with Group banks 260,298 155,850 67.0<br />

Fiduciary loans 2,910 2,905 0.2<br />

2,337,514 3,137,241<br />

18 Results of trading operations Total 40,715 40,988 (0.7)<br />

Securities trading (including equity product and index derivatives) (104) 2,853 (103.6)<br />

Forex trading (including forex derivatives) 39,786 37,474 6.2<br />

Precious metals (including precious metals derivatives) 1,033 661 56.3<br />

40,715 40,988<br />

19 Extraordinary income and expenses<br />

Extraordinary income 7,134 1,039 586.6<br />

Extraordinary expenses 17 533 (96.8)<br />

“Extraordinary income” mainly includes a release of other provisions no longer required for operating<br />

purposes totalling CHF 1 million.<br />

FINANCIAL REPORT BPER ACCOUNTS 125

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