HSBC Finance Corp (HSFC) Financial Statements (2024 and earlier)
Company Profile
Business Address |
1421 WEST SHURE DRIVE ARLINGTON HEIGHTS, IL 60004 |
State of Incorp. | DE |
Fiscal Year End | December 31 |
Industry (SIC) | 6141 - Personal Credit Institutions (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
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ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 135,000,000 | 136,000,000 | 175,000,000 | 198,000,000 | 397,000,000 | |||
Cash and cash equivalents | 135,000,000 | 136,000,000 | 175,000,000 | 198,000,000 | 397,000,000 | |||
Disposal group, including discontinued operation | 7,000,000 | 12,000,000 | 878,000,000 | |||||
Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | 965,000,000 | |||
Total current assets: | 142,000,000 | 148,000,000 | 1,053,000,000 | 198,000,000 | 1,362,000,000 | |||
Noncurrent Assets | ||||||||
Property, plant and equipment | 4,000,000 | 63,000,000 | 68,000,000 | 71,000,000 | ||||
Total noncurrent assets: | 4,000,000 | 63,000,000 | 68,000,000 | 71,000,000 | ||||
Other undisclosed assets | 13,740,000,000 | 23,993,000,000 | 30,844,000,000 | 37,606,000,000 | 45,345,000,000 | |||
TOTAL ASSETS: | 13,882,000,000 | 24,145,000,000 | 31,960,000,000 | 37,872,000,000 | 46,778,000,000 | |||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Noncurrent Liabilities | ||||||||
Liabilities, other than long-term debt | 8,742,000,000 | |||||||
Due to related parties | 8,742,000,000 | |||||||
Total noncurrent liabilities: | 8,742,000,000 | |||||||
Other undisclosed liabilities | 8,448,000,000 | 17,510,000,000 | 24,837,000,000 | 22,469,000,000 | 40,673,000,000 | |||
Total liabilities: | 8,448,000,000 | 17,510,000,000 | 24,837,000,000 | 31,211,000,000 | 40,673,000,000 | |||
Equity | ||||||||
Equity, attributable to parent, including: | 5,434,000,000 | 6,635,000,000 | 7,123,000,000 | 6,661,000,000 | 6,105,000,000 | |||
Additional paid in capital | 23,138,000,000 | 23,245,000,000 | 23,987,000,000 | 23,968,000,000 | 23,974,000,000 | |||
Accumulated other comprehensive income (loss) | 24,000,000 | 14,000,000 | (65,000,000) | (108,000,000) | (257,000,000) | |||
Accumulated deficit | (18,728,000,000) | (18,199,000,000) | (18,374,000,000) | (18,774,000,000) | (19,187,000,000) | |||
Other undisclosed equity, attributable to parent | 1,000,000,000 | 1,575,000,000 | 1,575,000,000 | 1,575,000,000 | 1,575,000,000 | |||
Total equity: | 5,434,000,000 | 6,635,000,000 | 7,123,000,000 | 6,661,000,000 | 6,105,000,000 | |||
TOTAL LIABILITIES AND EQUITY: | 13,882,000,000 | 24,145,000,000 | 31,960,000,000 | 37,872,000,000 | 46,778,000,000 |
Income Statement (P&L) (USD)
9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|
Gross profit: | (621,000,000) | (250,000,000) | (2,224,000,000) | ||||
Operating expenses | (355,000,000) | (243,000,000) | (229,000,000) | (183,000,000) | |||
Other operating income (expense), net | 23,000,000 | 85,000,000 | 226,000,000 | 881,000,000 | (2,119,000,000) | ||
Noninterest income, other operating income | 226,000,000 | 881,000,000 | (2,119,000,000) | ||||
Other undisclosed operating income | 746,000,000 | 1,276,000,000 | 4,053,000,000 | ||||
Operating income (loss): | (953,000,000) | (165,000,000) | 1,094,000,000 | 1,949,000,000 | (473,000,000) | ||
Nonoperating income (expense) | (297,000,000) | 307,000,000 | (44,000,000) | ||||
Investment income, nonoperating | (317,000,000) | 315,000,000 | |||||
Gains (losses) on sales of other real estate | 20,000,000 | (8,000,000) | (44,000,000) | ||||
Interest and debt expense | (512,000,000) | (895,000,000) | (1,058,000,000) | (1,370,000,000) | (1,777,000,000) | ||
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 651,000,000 | 195,000,000 | 1,032,000,000 | 152,000,000 | (1,517,000,000) | ||
Income (loss) from continuing operations before income taxes: | (814,000,000) | (865,000,000) | 771,000,000 | 1,038,000,000 | (3,811,000,000) | ||
Income tax expense (benefit) | 258,000,000 | 471,000,000 | (224,000,000) | (325,000,000) | 1,406,000,000 | ||
Income (loss) from continuing operations: | (556,000,000) | (394,000,000) | 547,000,000 | 713,000,000 | (2,405,000,000) | ||
Income (loss) before gain (loss) on sale of properties: | (529,000,000) | (431,000,000) | 523,000,000 | 785,000,000 | (3,366,000,000) | ||
Income (loss) from discontinued operations | 27,000,000 | (37,000,000) | (24,000,000) | 72,000,000 | (961,000,000) | ||
Net income (loss): | (529,000,000) | (431,000,000) | 523,000,000 | 785,000,000 | (3,366,000,000) | ||
Other undisclosed net income (loss) attributable to parent | (249,000,000) | 2,521,000,000 | |||||
Net income (loss) available to common stockholders, diluted: | (529,000,000) | (431,000,000) | 523,000,000 | 536,000,000 | (845,000,000) |
Comprehensive Income (USD)
9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
---|---|---|---|---|---|---|---|
Net income (loss): | (529,000,000) | (431,000,000) | 523,000,000 | 785,000,000 | (3,366,000,000) | ||
Other comprehensive income (loss) | 2,000,000 | (25,000,000) | 2,000,000 | (1,000,000) | 2,000,000 | ||
Comprehensive income (loss): | (527,000,000) | (456,000,000) | 525,000,000 | 784,000,000 | (3,364,000,000) | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 8,000,000 | 104,000,000 | 41,000,000 | (99,000,000) | 2,658,000,000 | ||
Comprehensive income (loss), net of tax, attributable to parent: | (519,000,000) | (352,000,000) | 566,000,000 | 685,000,000 | (706,000,000) |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.