SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Additional Notes F-148
Annual Report 2010 on Form 20-F 33 – Employee Benefits
Impact on Cashflows
The Group expects to contribute approximately € 300 million to its retirement benefit plans in 2011. It is not
expected that any plan assets will be returned to the Group during the year ending December 31, 2011.
The table below reflects the benefits expected to be paid by the plans in each of the next five years, and in the
aggregate for the five years thereafter. The amounts include benefits attributable to employees’ past and
estimated future service, and include both amounts paid from the Group’s pension funds in respect of funded
plans and by the Group in respect of unfunded plans.
Post-employment medical plans
in € m.
Retirement
benefit plans Gross amount Reimbursement 1
2011 517 11 (1)
2012 522 11 (2)
2013 538 12 (2)
2014 547 12 (2)
2015 568 13 (2)
2016 – 2020 3,229 69 (11)
1 Expected reimbursements from Medicare for prescription drugs.
Impact on Equity
The Group applies the policy of recognizing actuarial gains and losses in the period in which they occur. Actuarial
gains and losses are taken directly to shareholders’ equity and are presented in the Consolidated Statement of
Comprehensive Income and in the Consolidated Statement of Changes in Equity.
The following table shows the cumulative amounts recognized as at December 31, 2010 since the Group’s
adoption of IFRS on January 1, 2006 as well as the amounts recognized in the years ended December 31,
2010 and 2009, respectively, not taking deferred taxes into account. Deferred taxes are disclosed in a separate
table for income taxes taken to equity in Note 34 “Income Taxes”.
Amount recognized in
comprehensive income (gain(loss))
in € m. Dec 31, 2010 1
Retirement benefit plans:
2010 2009
Actuarial gain (loss) 28 143 (754)
Asset ceiling (3) 4 1
Total retirement benefit plans
Post-employment medical plans:
25 147 (753)
Actuarial gain (loss) 37 (3) (14)
Total post-employment medical plans 37 (3) (14)
Total amount recognized 62 144 (767)
1 Accumulated since inception of IFRS and inclusive of the impact of exchange rate changes.