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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 135,000,000136,000,000175,000,000198,000,000397,000,000
Cash and cash equivalents 135,000,000136,000,000175,000,000198,000,000397,000,000
Disposal group, including discontinued operation 7,000,00012,000,000878,000,000  
Assets held-for-sale 965,000,000
Total current assets: 142,000,000148,000,0001,053,000,000198,000,0001,362,000,000
Noncurrent Assets
Property, plant and equipment  4,000,00063,000,00068,000,00071,000,000
Total noncurrent assets:  4,000,00063,000,00068,000,00071,000,000
Other undisclosed assets 13,740,000,00023,993,000,00030,844,000,00037,606,000,00045,345,000,000
TOTAL ASSETS: 13,882,000,00024,145,000,00031,960,000,00037,872,000,00046,778,000,000
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 8,448,000,00017,510,000,00024,837,000,00022,469,000,00040,673,000,000
Total liabilities: 8,448,000,00017,510,000,00024,837,000,00031,211,000,00040,673,000,000
Equity
Equity, attributable to parent, including: 5,434,000,0006,635,000,0007,123,000,0006,661,000,0006,105,000,000
Additional paid in capital 23,138,000,00023,245,000,00023,987,000,00023,968,000,00023,974,000,000
Accumulated other comprehensive income (loss) 24,000,00014,000,000(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 1,000,000,0001,575,000,0001,575,000,0001,575,000,0001,575,000,000
Total equity: 5,434,000,0006,635,000,0007,123,000,0006,661,000,0006,105,000,000
TOTAL LIABILITIES AND EQUITY: 13,882,000,00024,145,000,00031,960,000,00037,872,000,00046,778,000,000

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 23,000,00085,000,000226,000,000881,000,000(2,119,000,000)
Noninterest income, other operating income   226,000,000881,000,000(2,119,000,000)
Other undisclosed operating income   746,000,0001,276,000,0004,053,000,000
Operating income (loss): (953,000,000)(165,000,000)1,094,000,0001,949,000,000(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 651,000,000195,000,0001,032,000,000152,000,000(1,517,000,000)
Income (loss) from continuing operations before income taxes: (814,000,000)(865,000,000)771,000,0001,038,000,000(3,811,000,000)
Income tax expense (benefit) 258,000,000471,000,000(224,000,000)(325,000,000)1,406,000,000
Income (loss) from continuing operations: (556,000,000)(394,000,000)547,000,000713,000,000(2,405,000,000)
Income (loss) before gain (loss) on sale of properties: (529,000,000)(431,000,000)523,000,000785,000,000(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)523,000,000785,000,000(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)523,000,000536,000,000(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)523,000,000785,000,000(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)525,000,000784,000,000(3,364,000,000)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 8,000,000104,000,00041,000,000(99,000,000)2,658,000,000
Comprehensive income (loss), net of tax, attributable to parent: (519,000,000)(352,000,000)566,000,000685,000,000(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.

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