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Finance lease receivables
 12 Months Ended
Dec. 31, 2019
Leases1 [Abstract]  
Finance lease receivables
33
Finance lease receivables
HSBC leases a variety of assets to third parties under finance leases, including transport assets (such as aircraft), property and general plant and machinery. At the end of lease terms, assets may be sold to third parties or leased for further terms. Rentals are calculated to recover the cost of assets less their residual value, and earn finance income.
 
2019
2018
 
Total future
minimum
payments

Unearned
finance
income

Present
value

Total future
minimum
payments1

Unearned
finance
income1

Present
value1

 
$m

$m

$m

$m

$m

$m

Lease receivables:
 
 
 
 
 
 
No later than one year
1,674

(157
)
1,517

2,229

(196
)
2,033

One to two years
1,634

(155
)
1,479

N/A

N/A

N/A

Two to three years
1,889

(151
)
1,738

N/A

N/A

N/A

Three to four years
1,704

(136
)
1,568

N/A

N/A

N/A

Four to five years
1,558

(132
)
1,426

N/A

N/A

N/A

Later than one year and no later than five years
6,785

(574
)
6,211

7,420

(628
)
6,792

Later than five years
6,136

(614
)
5,522

5,032

(619
)
4,413

At 31 Dec
14,595

(1,345
)
13,250

14,681

(1,443
)
13,238


1 The disclosure requirements of IFRS 16 were adopted from 1 January 2019. Comparatives have not been restated.