Microsoft word - hbeu 2013 ara - sec 01 - contents.doc
Annual Reports and Accounts 2013 Presentation of Information Contents This document comprises the Annual Report and AccountsFinancial Highlights of the group . 2013 for HSBC Bank plc (‘the bank’) and its subsidiaries(together ‘the group’). It contains the Strategic Report, thePurpose and Values . Report of the Directors and Financial Statements, togetherwith the Independent Auditor’s Report, as required by theProducts and Services . UK Companies Act 2006. References to ‘HSBC’ or ‘theGroup’ within this document mean HSBC Holdings plcStrategic Report . In November 2012, the group sold HSBC PrivateBanking Holdings (Suisse) SA to HSBC Holdings plc, withthe exception of HSBC Private Bank (UK) Limited whichremains as part of the group. The consolidated statement ofcomprehensive income shows the discontinued operationseparately from continuing operations for 2012. Thecommentaries included in the Business Review section havebeen prepared on a continuing operations basis.With effect from 1 January 2013, the group’s operatingsegments have been revised to reflect internal changes madeReview of business performance . to the management structure. The revised segments areconsistent with those reported to the bank’s ExecutiveCommittee, the identified Chief Operating Decision Makerunder IFRS 8. Further details are provided in Note 1 ‘Basisof Preparation’ on page 103. All comparatives have beenAdditional information, including commentary on 2012Report of the Directors . versus 2011 and certain statistical and other information,may be found in a separate document entitled ‘AdditionalInformation 2013’ and can be found at www.hsbc.co.uk .Cautionary Statement Regarding Forward- Looking Statements
Securitisation exposures and other structured products. This Annual Report contains certain forward-lookingstatements with respect to the financial condition, results ofoperations and business of the group.Statements that are not historical facts, includingstatements about the group’s beliefs and expectations, are
Risk management of insurance operations . forward-looking statements. Words such as ‘expects’,‘anticipates’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’,‘estimates’, ‘potential’ and ‘reasonably possible’, variations
Capital management and allocation. of these words and similar expressions are intended toidentify forward-looking statements. These statements arebased on current plans, estimates and projections, andtherefore undue reliance should not be placed on them.
Board of Directors and Board Committees . Forward-looking statements speak only as of the date theyare made. HSBC Bank plc makes no commitment to reviseor update any forward-looking statements to reflect eventsor circumstances occurring or existing after the date of anyStatement of Directors’ Responsibilities. Forward-looking statements involve inherent risks anduncertainties. Readers are cautioned that a number ofIndependent Auditor’s Report . factors could cause actual results to differ, in someinstances materially, from those anticipated or implied inFinancial Statements. Notes on the Financial Statements.