SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank
Annual Report 2010 on Form 20-F
in € m.
Amount
outstanding
as of January
31, 2011
Largest amount
outstanding
January 1, 2010 to
January 31, 2011
Item 7: Major Shareholders and Related Party Transactions 117
Provision for
loan losses
in 2010
Allowance for
loan losses as of
Dec 31, 2010 Nature of the loan and transaction in which incurred
Customer A 1 1 1 1 Uncollateralized shareholder loan bearing interest at 8.5 % per annum. The
loan is held at contractual terms but interest accrual has been stopped.
Customer B 217 218 10 10 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer C 123 123 8 8 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer D 44 44 2 2 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer E 42 42 2 2 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer F 37 37 0 0 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer G 14 14 1 1 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer H 9 9 1 5 Comprised of an uncollateralized shareholders loan bearing interest at 12 % per
annum. The loan is payable at demand and interest accrual has been stopped.
Customer I 3 3 3 3 Comprised of senior collateralized debt which has been reclassified according
to IAS 39 and shareholders loans, bearing interest at 6.5 % per annum. The
loans are held at contractual terms and interest accrual has been stopped.
Customer J 15 16 0 15 Comprised of a real estate finance loan bearing interest at 6.27 % per annum
and guarantees which were honored after the company filed for liquidation
bearing no interest. The loan is payable on demand and interest accrual has
been stopped.
Total 505 508 28 48
In the above table, customer A is a subsidiary of ours, customers B to I are investments held at equity accounting
and customer J is a shareholding in which we hold a participation of 10 % or more of the voting rights. Nonaccrual
loans to customers H and J have been carried forward from the previous year end. All other of these
loans became nonaccrual loans during 2010.
We have not disclosed the names of the related party customers described above because we have concluded
that such disclosure would violate applicable privacy laws, such as customer confidentiality and data protection
laws, and those customers have not waived application of these privacy laws. A legal opinion regarding the
applicable privacy laws is filed as Exhibit 14.1 hereto.
Interests of Experts and Counsel
Not required because this document is filed as an annual report.