Financial Highlights

The Hongkong and Shanghai Banking Corporation Limited

	2009	2008
For the year	HK$m	HK$m
Net operating income before loan impairment charges	118,250	124,264
Profit before tax	62,563	67,690
Profit attributable to shareholders	45,808	50,306

At year-end
Shareholder's equity	245,788	193,6124
Total equity	270,727	216.486
Total capital base	220,582	190,598
Customer accounts	2,944,539	2,576,084
Total assets	4,341,703	4,260,356

Ratios	%	%
Return on average shareholders' equity	21.2	24.3
Post-tax return on average total assets	1.15	1.31
Cost efficiency ratio	44.1	42.1
Net interest margin	1.92	2.36
Capital adequacy ratios
- capital adequacy	16.1	13.4
- core capital	12.2	10.3