NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2011
48.2 Geographical segment reporting
Income and net profit attributable to shareholders Net profit are based on the country in which the transactions are booked. Total assets are shown by geographical area in which the assets are booked. It would not be materially different if total assets shown are
based on the country in which the counterparty or assets are located. The total assets, income and net profit are stated after elimination of inter-group assets and revenues.
The Group Rest of
South and Greater
Southeast Rest of the
In millions Singapore
Hong Kong China
b
Asia
c
World
d
Total
2011
Total income 4,719
1,453 612
557 290
7,631
Net profit 1,877
571 178
285 124
3,035
Total assets before goodwill 207,370
68,501 31,281
16,224 12,669
336,045
Goodwill on consolidation 4,802
– –
– –
4,802
Total assets 212,172
68,501 31,281
16,224 12,669
340,847
Non-current assets
e
1,759 376
133 27
2 2,297
2010
Total income 4,426
1,465 426
457 292
7,066 Net profit
670
a
579 47
203 133
1,632 Total assets before goodwill
179,813 52,489
21,033 13,710
11,863 278,908
Goodwill on consolidation 4,802
– –
– –
4,802 Total assets
184,615 52,489
21,033 13,710
11,863 283,710
Non-current assets
e
1,623 406
129 36
2 2,196
a Includes goodwill charges of 1,018 million in 2010 b Rest of Greater China includes branch, subsidiary and associate operations in Mainland China and Taiwan
c South and Southeast Asia includes branch, subsidiary and associate operations in India, Indonesia, Malaysia, Vietnam and the Philippines d Rest of the World includes branch operations in South Korea, Japan, Dubai, United States of America and United Kingdom
e Includes investment in associates, properties and other fixed assets, and investment properties
146
49 LIST OF SUBSIDIARIES, JOINT VENTURES, ASSOCIATES AND SPECIAL PURPOSE ENTITIES
The main operating subsidiaries in the Group are listed below:
Share capital Effective
shareholding Country of
Name of subsidiary Principal activities
incorporation Currency In millions
2011 2010
Held by the Company
1. DBS Bank Ltd Retail, corporate and investment
Singapore SGD
16,196 100