SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Notes to the Consolidated Balance Sheet F-113
Annual Report 2010 on Form 20-F 23 – Leases
Impairment losses on property and equipment are recorded within General and administrative expenses in the
income statement.
The carrying value of items of property and equipment on which there is a restriction on sale was € 192 million
as of December 31, 2010.
Commitments for the acquisition of property and equipment were € 18 million at year-end 2010.
23 –
Leases
The Group is lessee under lease arrangements covering property and equipment.
Finance Lease Commitments
Most of the Group’s finance lease arrangements are made under usual terms and conditions. The Group has
one significant lease contract that includes a bargain purchase option to acquire the building at expiration of
the leasing contract.
The following table presents the net carrying value for each class of leasing assets held under finance leases.
in € m. Dec 31, 2010 Dec 31, 2009
Land and buildings 87 91
Furniture and equipment 2 2
Other 3 –
Net carrying value 92 93
Additionally, the Group has sublet leased assets classified as finance leases with a net carrying value of
€ 5 million as of December 31, 2010, and € 67 million as of December 31, 2009.
The future minimum lease payments required under the Group’s finance leases were as follows.
in € m. Dec 31, 2010 Dec 31, 2009
Future minimum lease payments:
not later than one year 17 25
later than one year and not later than five years 65 106
later than five years 73 144
Total future minimum lease payments 155 275
less: Future interest charges 111 108
Present value of finance lease commitments 44 167