Financial Highlights

The Hongkong and Shanghai Banking Corporation Limited

	2007	2006
For the year	HK$m	HK$m
Net operating income before loan impairment charges	127,009	92,325
Profit before tax	78,761	52,016
Profit attributable to shareholders	58,028	37,709

At year-end
Shareholder's equity	220,854	145,450
Total equity	245,934	165,445
Total capital base	206,449	-
Total regulatory capital	-	183,981
Customer accounts	2,486,106	1,989,467
Total assets	3,951,939	3,150,840

Ratios	%	%
Return on average shareholders' equity	32.1	31.1
Post-tax return on average total assets	1.78	1.46
Cost efficiency ratio	37.1	41.4
Net interest margin	2.37	2.31
Capital adequacy ratios
- capital adequacy	11.6	-
- core capital	8.8	-
- total capital	-	13.5
- tier 1 capital	-	12.3