SEC Form 20-F - Deutsche Bank Annual Report 2012

Deutsche Bank Additional Notes F-173
Annual Report 2010 on Form 20-F 41 – Condensed Deutsche Bank AG (Parent Company only) Financial Statements
Condensed Statement of Cash Flows
in € m. 2010 2009 2008
Net cash provided by (used in) operating activities 19,151 (1,822) 35,768
Cash flows from investing activities:
Proceeds from:
Sale of financial assets available for sale 4,901 4,359 6,270
Maturities of financial assets available for sale 1,724 6,499 15,878
Sale of investments in associates 144 168 218
Sale of property and equipment 51 10 7
Purchase of:
Financial assets available for sale (5,882) (6,891) (26,496)
Investments in associates (54) (291) (301)
Property and equipment (571) (424) (348)
Net change in investments in subsidiaries (6,246) (2,189) (2,187)
Other, net (304) (137) (15)
Net cash provided by (used in) investing activities (6,237) 1,104 (6,974)
Cash flows from financing activities:
Issuances of subordinated long-term debt 1,246 1,677 22
Repayments and extinguishments of subordinated long-term debt (88) (1,044) (203)
Common shares issued under share-based compensation plans – – 19
Capital increase 10,060 – 2,200
Purchases of treasury shares (14,369) (19,189) (21,708)
Sale of treasury shares 12,709 18,070 21,400
Cash dividends paid (465) (309) (2,274)
Net cash provided by (used in) financing activities 9,093 (795) (544)
Net effect of exchange rate changes on cash and cash equivalents 502 365 (125)
Net increase (decrease) in cash and cash equivalents 22,509 (1,148) 28,125
Cash and cash equivalents at beginning of period 59,115 60,263 32,138
Cash and cash equivalents at end of period 81,624 59,115 60,263
Net cash provided by (used in) operating activities include
Income taxes received, net (93) (1,082) (1,923)
Interest paid 10,439 14,295 37,191
Interest and dividends received 17,691 21,017 44,524
Cash and cash equivalents comprise
Cash and due from banks 8,956 6,069 6,089
Demand deposits with banks 72,668 53,046 54,174
Total 81,624 59,115 60,263