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CONSOLIDATED STATEMENT OF INCOME (LOSS) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Finance and other interest income $ 3,423 $ 4,122 $ 4,941
Interest expense on debt held by:      
Interest expense 1,777 2,346 2,905
Net interest income 1,646 1,776 2,036
Provision for credit losses 2,224 4,418 5,346
Net interest income (loss) after provision for credit losses (578) (2,642) (3,310)
Other revenues:      
Derivative related income (expense) (207) (1,146) (379)
Gain (loss) on debt designated at fair value and related derivatives (449) 1,164 741
Servicing and other fees from HSBC affiliates 35 20 36
Lower of amortized cost or fair value adjustment on receivables held for sale (1,529) 1 2
Other income 31 101 84
Total other revenues (2,119) 140 484
Operating expenses:      
Salaries and employee benefits 183 158 234
Occupancy and equipment expenses, net 44 51 55
Real estate owned expenses 90 206 274
Other servicing and administrative expenses 487 570 372
Support services from HSBC affiliates 310 270 241
Total operating expenses 1,114 1,255 1,176
Loss from continuing operations before income tax (3,811) (3,757) (4,002)
Income tax benefit 1,406 1,431 1,453
Loss from continuing operations (2,405) (2,326) (2,549)
Discontinued Operations (Note 3):      
Income from discontinued operations before income tax 2,521 1,380 1,070
Income tax expense (961) (462) (437)
Income from discontinued operations 1,560 918 633
Net loss (845) (1,408) (1,916)
Debt issued to HSBC affiliates [Member]
     
Interest expense on debt held by:      
Interest expense 163 164 147
Debt issued to non-affiliates [Member]
     
Interest expense on debt held by:      
Interest expense $ 1,614 $ 2,182 $ 2,758