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Consolidated income statement - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Disclosure Of Face Statements [Line Items]      
Net interest income/(expense) $ 30,462 $ 30,489 $ 28,176
– interest income [1],[2] 54,695 49,609 40,995
– interest expense [3] (24,233) (19,120) (12,819)
Net fee income 12,023 12,620 12,811
– fee income 15,439 16,044 15,853
– fee expense (3,416) (3,424) (3,042)
Net income from financial instruments held for trading or managed on a fair value basis 10,231 9,531 8,426
Net income/(expense) from assets and liabilities of insurance businesses, including related derivatives, measured at fair value through profit or loss 3,478 (1,488) 2,836
Changes in fair value of designated debt and related derivatives [4] 90 (97) 155
Changes in fair value of other financial instruments mandatorily measured at fair value through profit or loss 812 695  
Gains less losses from financial investments 335 218 1,150
Net insurance premium income 10,636 10,659 9,779
Other operating income 2,957 960 443
Total operating income 71,024 63,587 63,776
Net insurance claims and benefits paid and movement in liabilities to policyholders (14,926) (9,807) (12,331)
Net operating income before change in expected credit losses and other credit impairment charges/Loan impairment charges and other credit risk provisions 56,098 53,780 51,445
Change in expected credit losses and other credit impairment charges (2,756) (1,767) (1,769)
Net operating income 53,342 52,013 49,676
Employee compensation and benefits (18,002) (17,373) (17,315)
General and administrative expenses (13,828) (15,353) (15,707)
Depreciation and impairment of property, plant and equipment and right-of-use assets [5] (2,100) (1,119) (1,166)
Amortisation and impairment of intangible assets (1,070) (814) (696)
Goodwill impairment (7,349) 0 0
Total operating expenses (42,349) (34,659) (34,884)
Operating profit 10,993 17,354 14,792
Share of profit in associates and joint ventures 2,354 2,536 2,375
Profit before tax 13,347 19,890 17,167
Tax (expense) credit (4,639) (4,865) (5,288)
Profit for the year 8,708 15,025 11,879
Attributable to:      
– ordinary shareholders of the parent company 5,969 12,608 9,683
– preference shareholders of the parent company 90 90 90
– other equity holders 1,324 1,029 1,025
– non-controlling interests 1,325 1,298 1,081
Profit for the year $ 8,708 $ 15,025 $ 11,879
Basic earnings per ordinary share (in dollars per share) $ 0.30 $ 0.63 $ 0.48
Diluted earnings per ordinary share (in dollars per share) $ 0.30 $ 0.63 $ 0.48
HSBC Holdings      
Disclosure Of Face Statements [Line Items]      
Net interest income/(expense) $ (2,554) $ (1,112) $ (383)
– interest income 1,249 2,193 2,185
– interest expense (3,803) (3,305) (2,568)
Net fee income (2) 0 2
Net income from financial instruments held for trading or managed on a fair value basis 1,477 245 (181)
Changes in fair value of designated debt and related derivatives [6] (360) (77) 103
Changes in fair value of other financial instruments mandatorily measured at fair value through profit or loss 1,659 43 0
Gains less losses from financial investments 0 4 154
Dividend income from subsidiaries [7] 15,117 55,304 10,039
Other operating income 1,293 960 769
Net operating income before change in expected credit losses and other credit impairment charges/Loan impairment charges and other credit risk provisions 16,630 55,367 10,503
Employee compensation and benefits (37) (37) (54)
General and administrative expenses (4,772) (4,507) (4,911)
Reversal of impairment/(impairment) of subsidiaries [8] (2,562) 2,064 (63)
Total operating expenses (7,371) (2,480) (5,028)
Profit before tax 9,259 52,887 5,475
Tax (expense) credit (218) (62) 64
Profit for the year 9,041 52,825 5,539
Attributable to:      
Profit for the year $ 9,041 $ 52,825 $ 5,539
[1] Interest income includes $45,708m (2018: $42,130m) of interest recognised on financial assets measured at amortised cost and $8,259m (2018: $7,020m) of interest recognised on financial assets measured at fair value through other comprehensive income.
[2] Interest revenue calculated using the effective interest method comprises interest recognised on financial assets measured at either amortised cost or fair value through other comprehensive income.
[3] ) of interest on financial instruments, excluding interest on financial liabilities held for trading or designated or otherwise mandatorily measured at fair value.
[4] The debt instruments, issued for funding purposes, are designated under the fair value option to reduce an accounting mismatch.
[5] Includes depreciation of the right-of-use assets of $912m (2018: nil). Right-of-use assets have been recognised from 1 January 2019 following the adoption of IFRS 16. Comparatives have not been restated.
[6] The debt instruments, issued for funding purposes, are designated under the fair value option to reduce an accounting mismatch.
[7] The 2018 year included $44,893m (2019: nil) return on capital from HSBC Finance (Netherlands) resulting from restructuring the Group’s Asia operation to meet resolution and recovery requirements.
[8] The 2019 year includes $2,475m impairment of HSBC Overseas Holdings (UK) Limited (2018: reversal of $2,200m).