HSBC Holdings plc (LSE:HSBA) Annual Report 2021



The latest annual report of HSBC Holdings plc (HSBA) was published on 31 Dec 2021. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - HSBA Annual Results

Amounts in USD

Total Revenue
50.48B
Gross Profit
50.48B
EBIT
-
Net Tangible Assets
155.21B
Net Income
13.92B
Capital Expenditures
-1.09B

HSBA Income Statement 2021 Annual Report

As per the latest Income Statement of HSBA, the Net revenue increased by $8.868B (21%) compared to the previous period. The operating income in 2021 increased by $8.145B (84%). The net income as per the annual report was 13.92B which increased by $8.688B (166%) compared to previous year.

Income Statement Report (2021/2020)

2021 2020
Total Revenue 50.48B 41.61B
Gross Profit 50.48B 41.61B
Operating Income 17.89B 9.74B
Income Before Tax 18.91B 8.78B
Net Income 13.92B 5.23B

Balance Sheet - HSBA 2021 Annual Report

Read further: HSBA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of HSBC Holdings plc showed the company increased the cash on balance sheet by $110.774B (35%). The Net tangible assets of HSBA on the balance sheet were at 155.21B which is $1.628B (1%) more than previous annual report. The total stockholder equity also increased by $1.807B (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

2021 2020
Cash 429.23B 318.45B
Total Assets 2.96T 2.98T
Long Term Debt 169.53B 171.14B
Total Liabilities 2.75T 2.78T
Total Shareholder Equity 175.84B 174.03B
Net Tangible Assets 155.21B 153.59B

Cash Flow Statement - HSBA 2021 Annual Report

The 2021 annual cash flow statement of HSBC Holdings plc showed that the net income increased by $8.688B (166%) compared to previous reporting period. Also the capital expenditure of HSBA increased by $360.00M (25%).

As of 2021, the total cash from investing activities was 27.54B and total cash from financing activities was 84.91B.

Cash Flow Statement Report (2021/2020)

2021 2020
Net Income 13.92B 5.23B
Capital Expenditures -1.09B -1.45B
Dividends Paid -5.79B -1.33B
Total Cash From From Investing Activities 27.54B -22.43B
Total Cash From From Financing Activities 84.91B 222.08B

HSBC Holdings plc Annual Report History

Income Statement

Income Statement history of HSBC Holdings plc (LSE:HSBA)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Total Revenue 50.48B 41.61B 53.34B 52.01B
Cost Of Revenue - - - -
Gross Profit 50.48B 41.61B 53.34B 52.01B
Research Development - - - -
Selling General Administrative 32.59B 31.87B 33.93B 33.84B
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 32.59B 31.87B 33.93B 33.84B
Operating Income 17.89B 9.74B 19.41B 18.17B
Total Other Income Expense Net 1.02B -963M -6.07B 1.72B
Ebit - - - -
Interest Expense - - - -
Income Before Tax 18.91B 8.78B 13.35B 19.89B
Income Tax Expense 4.21B 2.68B 4.64B 4.87B
Minority Interest 8.53B 8.55B 8.71B 8B
Net Income From Continuing Ops 14.69B 6.1B 8.71B 15.03B
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 13.92B 5.23B 7.38B 13.73B
Net Income Applicable To Common Shares 12.61B 3.9B 5.97B 12.61B

Balance Sheet Statement

Balance Sheet Statement history of HSBC Holdings plc (LSE:HSBA)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Cash 429.23B 318.45B 164.95B 181.81B
Short Term Investments 256.64B 244.62B 254.52B 252.7B
Net Receivables 970M 954M 755M 684M
Other Current Assets 112.21B 139.22B 114.58B 87.93B
Total Current Assets 1.24T 1.24T 1.03T 967.89B
Long Term Investments 563.96B 600.36B 545.24B 499.09B
Property Plant Equipment 13.24B 14.41B 14.7B 10.06B
Good Will 5.03B 5.88B 5.59B 12.99B
Intangible Assets 15.59B 14.56B 14.57B 11.37B
Other Assets 1.12T 1.11T 1.1T 1.06T
Deferred Long Term Asset Charges 4.62B 4.48B 4.63B 4.45B
Total Assets 2.96T 2.98T 2.72T 2.56T
Accounts Payable 1.83T 1.74T 1.52T 1.44T
Short Long Term Debt 179.04B 190.08B 227.3B 219.18B
Other Current Liab 192.11B 185.91B 184.85B 167.42B
Long Term Debt 169.53B 171.14B 183.12B 178.53B
Other Liab 176.94B 169.98B 155.52B 143.64B
Minority Interest 8.53B 8.55B 8.71B 8B
Total Current Liabilities 2.4T 2.43T 2.18T 2.04T
Total Liab 2.75T 2.78T 2.52T 2.36T
Common Stock 10.32B 10.35B 10.32B 10.18B
Retained Earnings 144.46B 140.57B 136.68B 138.19B
Treasury Stock 6.46B 8.83B 2.13B 1.91B
Capital Surplus 14.6B 14.28B 13.96B 13.61B
Other Stockholder Equity 6.46B 8.83B 2.13B 1.91B
Total Stockholder Equity 175.84B 174.03B 163.08B 163.89B
Net Tangible Assets 155.21B 153.59B 142.92B 139.53B

Cash Flow Statement

Cash Flow Statement history of HSBC Holdings plc (LSE:HSBA)

31 Dec 2021 31 Dec 2020 31 Dec 2019 31 Dec 2018
Net Income 13.92B 5.23B 7.38B 13.73B
Depreciation 2.52B 4.12B 3.17B 1.93B
Change To Netincome 19.56B -18.5B 7.34B 8.96B
Change To Liabilities - - - -
Change To Operating Activities -15.09B -47.62B -46.09B -5.7B
Total Cash From Operating Activities 8.61B -44.5B -49.42B 38.26B
Capital Expenditures -1.09B -1.45B -1.34B -1.2B
Investments 28.15B -19.68B -32.72B -13.4B
Total Cashflows From Investing Activities 27.54B -22.43B -35.32B -16.65B
Dividends Paid -5.79B -1.33B -9B -10.05B
Net Borrowings -864M -3.54B -4.21B -4.08B
Other Cashflows From Financing Activities 95.11B 226.03B 78.39B -6.46B
Total Cash From Financing Activities 84.91B 222.08B 64.32B -22.53B
Effect Of Exchange Rate -15.35B 19.43B 1.25B -9.89B
Change In Cash 105.71B 174.58B -19.17B -10.81B
Repurchase Of Stock -2.09B -181M -1B -2B