SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Additional Notes F-161
Annual Report 2010 on Form 20-F 36 – Regulatory Capital
The following table reconciles shareholders’ equity according to IFRS to Tier 1 capital pursuant to Basel II,
excluding transitional items pursuant to section 64h (3) German Banking Act.
in € m. Dec 31, 2010 Dec 31, 2009
Total shareholders’ equity 48,843 36,647
Total net gains (losses) not recognized in the income statement excluding foreign currency translation 298 257
Accrued future dividend (697) (466)
Active book equity 48,444 36,438
Goodwill and intangible assets (15,594) (10,169)
Noncontrolling interest 1,549 1,322
Other (consolidation and regulatory adjustments) 1,804 397
Noncumulative trust preferred securities 1 12,593 10,616
Items to be partly deducted from Tier 1 capital (6,231) (4,198)
Tier 1 capital 42,565 34,406
1 Included € 20 million silent participations as of December 31, 2010.
Basel II requires the deduction of goodwill from Tier 1 capital. However, for a transitional period the partial
inclusion of certain goodwill components in Tier 1 capital is allowed pursuant to German Banking Act Section
64h (3). While such goodwill components are not included in the regulatory capital and capital adequacy ratios
shown above, the Group makes use of this transition rule in its capital adequacy reporting to the German
regulatory authorities.
As of December 31, 2010, the transitional item amounted to € 390 million compared to € 462 million as of
December 31, 2009. In the Group’s reporting to the German regulatory authorities, the Tier 1 capital, total
regulatory capital and the total risk-weighted assets shown above were increased by this amount. Correspondingly,
the Group’s Tier 1 and total capital ratios reported to the German regulatory authorities including this
item were 12.4 % and 14.2 %, respectively, on December 31, 2010 compared to 12.7 % and 14.0 %, respectively,
on December 31, 2009.
Failure to meet minimum capital requirements can result in orders to suspend or reduce dividend payments or
other profit distributions on regulatory capital and discretionary actions by the BaFin that, if undertaken, could
have a direct material effect on the Group’s businesses. The Group complied with the regulatory capital
adequacy requirements in 2010.