SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Notes to the Consolidated Balance Sheet F-122
Annual Report 2010 on Form 20-F 24 – Goodwill and Other Intangible Assets
in € m.
Retail
investment
management
agreements Other
Purchased intangible assets Internally
generated
intangible
Unamortized Amortized assets
Total
unamortized
purchased
intangible
assets
Customerrelated
intangible
assets
Value of
business
acquired
Contractbased
intangible
assets
Software
and
other
Total
amortized
purchased
intangible
assets Software
Total other
intangible
assets
Cost of acquisition/manufacture:
Balance as of January 1, 2009 817 17 834 563 654 708 495 2,420 411 3,665
Additions
Changes in the group of
– – – 37 12 15 35 99 128 227
consolidated companies – – – – – – (1) (1) – (1)
Disposals
Reclassifications from
– – – – – 28 3 31 14 45
(to) ‘held for sale’ – (11) (11) – – – – – – (11)
Transfers – – – – 14 – 21 35 (22) 13
Exchange rate changes (9) 3 (6) 9 63 (5) 4 71 4 69
Balance as of December 31, 2009 808 9 817 609 743 690 551 2,593 507 3,917
Additions
Changes in the group of
– 2 2 29 11 13 68 121 316 439
consolidated companies – 413 413 1,055 – 14 251 1,320 163 1,896
Disposals
Reclassifications from
– 10 10 – – 6 16 22 52 84
(to) ‘held for sale’ – 3 3 (27) – – (30) (57) (7) (61)
Transfers – – – (10) – – 3 (7) (2) (9)
Exchange rate changes
Balance as of December 31,
62 1 63 33 26 52 30 141 30 234
2010
Accumulated amortization
and impairment:
870 418 1,288 1,689 780 763 857 4,089 955 6,332
Balance as of January 1, 2009 380 – 380 221 40 100 251 612 329 1,321
Amortization for the year – – – 61 29 40 31 161 13 174 1
Changes in the group of
consolidated companies – – – – – – (1) (1) – (1)
Disposals
Reclassifications from
– – – – – 27 2 29 14 43
(to) ‘held for sale’ – (2) (2) – – – – – – (2)
Impairment losses – 1 1 – – 4 – 4 – 5 2
Reversals of impairment losses 287 – 287 4 – – – 4 – 291 3
Transfers – – – – – – (1) (1) – (1)
Exchange rate changes (4) 1 (3) 1 4 (3) 4 6 3 6
Balance as of December 31, 2009 89 – 89 279 73 114 282 748 331 1,168
Amortization for the year – – – 80 28 41 77 226 36 262 4
Changes in the group of
consolidated companies – – – – – – 36 36 – 36
Disposals
Reclassifications from
– – – (1) – 5 13 17 49 66
(to) ‘held for sale’ – – – (2) – – (2) (4) (1) (5)
Impairment losses – – – 29 – – 12 41 – 41 5
Reversals of impairment losses – – – – – – – – – –
Transfers – – – (1) – – 3 2 2 4
Exchange rate changes 7 1 8 15 3 7 11 36 15 59
Balance as of December 31, 2010
Carrying amount:
96 1 97 401 104 157 406 1,068 334 1,499
As of December 31, 2009 719 9 728 330 670 576 269 1,845 176 2,749
As of December 31, 2010 774 417 1,191 1,288 676 606 451 3,021 621 4,833
1 Of which € 162 million were included in general and administrative expenses and € 12 million were recorded in commissions and fee income. The latter related to the amortization of mortgage
servicing rights.
2 Of which € 5 million were recorded as impairment of intangible assets.
3 € 291 million were recorded as reversal of a prior year’s impairment and are included under impairment of intangible assets.
4 Of which € 249 million were included in general and administrative expenses and € 13 million were recorded in commissions and fee income. The latter related to the amortization of mortgage
servicing rights.
5 Of which € 29 million were recorded as impairment of intangible assets.