HSBC Results Presentation Deck
Reconciliation of reported and adjusted PBT
$m
Reported PBT
Revenue
Currency translation
Customer redress programmes
Disposals, acquisitions and investment in new businesses
Fair value movements on financial instruments
Restructuring and other related costs*
Currency translation of significant items
ECL
Currency translation
Operating expenses
Currency translation
Customer redress programmes
Impairment of goodwill and other intangibles
Restructuring and other related costs
o/w: costs to achieve
Past service costs of guaranteed minimum pension benefits equalisation
Settlements and provisions in connection with legal and regulatory matters
Currency translation of significant items
Share of profit in associates and joint ventures
Currency translation
Impairment of goodwill
4Q21
2,664
7
(16)
112
103
25
587
591
574
1,203
1,306
3,970
(101)
3Q21
5,403
(150)
64
125
(2)
37
(15)
106
7
397
390
(7)
503
4
4
529
Strategy
4Q20
1,385
(27)
(1)
2
46
20
1
41
25
(107)
8
836
810
17
4
(11)
772
18
18
833
4021 results
2,218
(381)
FY21
18,906
(11)
242
307
538
49
587
1,836
1,782
2,472
Total currency translation and significant items
Adjusted PBT
5,932
(71)
Memo: tax on significant items (at reported FX rates)
4021 goodwill impairment of $587m related to our WPB business in Latin America, reflecting a subdued macroeconomic outlook
* Primarily comprises losses associated with RWA reduction commitments
3,010
21,916
(323)
FY20
8,777
1,393
21
10
(264)
170
11
1,341
(465)
(1,072)
(54)
1,090
1,908
1,839
17
12
122
2,023
133
462
595
3,494
12,271
(660)
Appendix
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