Consolidated income statement
For the year ended 31 December 2008
Notes
Interest income
Interest expense
Net interest income
Fees and commission income
Fees and commission expense
Net trading income
Other operating income
Total non-interest income
Operating income
Staff costs
Premises costs
General administrative expenses
Depreciation and amortisation
Operating expenses
Operating profit before impairment losses and taxation
Impairment losses on loans and advances and other credit
risk provisions
Other impairment
Profit from associates
Operating profit
Rights issue option
Profit before taxation
Taxation
Profit for the year
Profit attributable to:
Minority interests
Parent company shareholders
Profit for the year
Earnings per share:
Basic earnings per ordinary share (cents)†
Diluted earnings per ordinary share (cents)†
†
96
3
4
2008
$million
2007
$million
16,378
(8,991)
7,387
3,420
(479)
2,405
1,235
6,581
13,968
(4,737)
(738)
(1,711)
(425)
(7,611)
6,357
16,176
(9,911)
6,265
3,189
(528)
1,261
880
4,802
11,067
(3,949)
(592)
(1,329)
(345)
(6,215)
4,852
(1,321)
(469)
1
4,568
233
4,801
(1,290)
3,511
(761)
(57)
1
4,035
–
4,035
(1,046)
2,989
41
103
3,408
3,511
148
2,841
2,989
14
14
202.4
201.3
176.0
174.2
5
5
6
7
8
8
8
9
21
10
24
11
12
As required by IAS 33 ‘Earnings per share’ the impact of the bonus element included within the rights issue has been included within the calculation of the
basic and diluted earnings per share for the year and prior periods have been re-presented on this basis.
Standard Chartered 2008