SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Additional Notes F-145
Annual Report 2010 on Form 20-F 33 – Employee Benefits
Reconciliation in Movement of Liabilities and Assets – Impact on Balance sheet
The following table provides reconciliations of opening and closing balances of the DBO and of the fair value of
plan assets of the Group’s defined benefit plans over the years ended December 31, 2010 and 2009, a statement
of the funded status as well as its reconciliation to the amounts recognized on the balance sheet as of
December 31 of each year.
Retirement benefit plans Post-employment medical plans
in € m. 2010 2009 2010 2009
Change in defined benefit obligation:
Balance, beginning of year 9,416 8,189 136 119
Current service cost 243 186 3 3
Interest cost 527 457 9 7
Contributions by plan participants 14 6 – –
Actuarial loss (gain) 81 846 3 14
Exchange rate changes 231 181 10 –
Benefits paid (465) (467) (7) (7)
Past service cost (credit) (77) 18 – –
Acquisitions 1 2,129 – – –
Divestitures – – – –
Settlements/curtailments (30) – – –
Other 2 2 – – –
Balance, end of year 12,071 9,416 154 136
thereof: unfunded 1,124 201 154 136
thereof: funded 10,947 9,215 – –
Change in fair value of plan assets:
Balance, beginning of year 9,352 8,755 – –
Expected return on plan assets 490 403 – –
Actuarial gain (loss) 224 92 – –
Exchange rate changes 210 231 – –
Contributions by the employer 388 264 – –
Contributions by plan participants 14 6 – –
Benefits paid 3 (423) (398) – –
Acquisitions 1 846 – – –
Divestitures – – – –
Settlements (17) (1) – –
Other 2 (8) – – –
Balance, end of year 11,076 9,352 – –
Funded status, end of year (995) (64) (154) (136)
Past service cost (credit) not recognized – – – –
Asset ceiling (3) (7) – –
Reclassification as held for sale 4 5 – – –
Net asset (liability) recognized (993) (71) (154) (136)
thereof: other assets 609 276 – –
thereof: other liabilities (1,602) (347) (154) (136)
1 Postbank, Sal. Oppenheim, BHF-BANK.
2 Includes opening balance of first time application of smaller plans.
3 For funded plans only.
4 BHF-BANK.