SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Notes to the Consolidated Balance Sheet F-130
Annual Report 2010 on Form 20-F 26 – Other Assets and Other Liabilities
Non-current assets classified as held for sale as of December 31, 2007 included two alternative investments of
AWM in North America, several office buildings in CI and in the Corporate Division Private & Business Clients
(PBC), and other real estate assets in North America, obtained by CB&S through foreclosure. While the office
buildings in CI and PBC and most of the real estate in CB&S were sold during 2008, the ownership structure of
the two alternative investments Maher Terminals LLC and Maher Terminals of Canada Corp. was restructured
and the Group consolidated these investments commencing June 30, 2008. Due to the market conditions the
timing of the ultimate disposal of these investments was uncertain. As a result, the assets and liabilities were
no longer classified as held for sale at the end of the third quarter 2008. The revenues and expenses which
were not to be recognized during the held for sale period were recognized at the date of reclassification. This
resulted in a negative impact on other income of € 62 million and an increase of other expenses of € 38 million
in AWM in 2008. These amounts included a charge to revenues of € 20 million and expenses of € 21 million
which related to 2007.
26 –
Other Assets and Other Liabilities
The following are the components of other assets and other liabilities.
in € m. Dec 31, 2010 Dec 31, 2009
Other assets:
Brokerage and securities related receivables
Cash/margin receivables 46,132 43,890
Receivables from prime brokerage 11,324 6,837
Pending securities transactions past settlement date 4,834 9,229
Receivables from unsettled regular way trades 41,133 33,496
Total brokerage and securities related receivables 103,423 93,452
Accrued interest receivable 3,941 3,426
Assets held for sale 13,468 106
Other 28,397 24,554
Total other assets 149,229 121,538
As of December 31, 2009, “Other” in the table above included the investment property The Cosmopolitan of
Las Vegas with a carrying value of € 946 million (please see Note 01 “Significant Accounting Policies” for the
valuation model applied for investment property). This investment was reclassified to Property and Equipment
when it commenced its business activity in December 2010.