entire - Deutsche Bank Annual Report 2012

Deutsche Bank 01 – Management Report 80
Financial Report 2010 Risk Report
The following two tables present a breakdown of our problem loans for the dates specified.
Dec 31, 2010 Impaired loans Nonimpaired problem loans
Problem
loans
in € m. German Non-German Total German Non-German Total Total
Individually assessed 996 2,556 3,552 239 1,635 1,874 5,426
Nonaccrual loans
Loans 90 days or more past due
902 2,374 3,276 153 897 1,051 4,327
and still accruing – – – 36 8 44 44
Troubled debt restructurings 94 182 276 50 729 779 1,055
Collectively assessed 1,010 1,703 2,713 267 29 296 3,009
Nonaccrual loans
Loans 90 days or more past due
1,009 1,583 2,591 – – – 2,591
and still accruing – – – 252 5 258 258
Troubled debt restructurings 1 120 121 15 24 38 160
Total problem loans
thereof: IAS 39 reclassified
2,006 4,258 6,265 506 1,664 2,170 8,435
problem loans 84 1,150 1,234 – 979 979 2,213
Dec 31, 2009 Impaired loans Nonimpaired problem loans
Problem
loans
in € m. German Non-German Total German Non-German Total Total
Individually assessed 758 4,145 4,903 304 1,037 1,341 6,244
Nonaccrual loans
Loans 90 days or more past due
707 4,027 4,734 200 1,003 1,203 5,937
and still accruing – – – 50 5 55 55
Troubled debt restructurings 51 118 169 54 29 83 252
Collectively assessed 907 1,391 2,298 274 97 371 2,669
Nonaccrual loans
Loans 90 days or more past due
905 1,281 2,186 – – – 2,186
and still accruing – – – 260 6 266 266
Troubled debt restructurings 2 110 112 14 91 105 217
Total problem loans
thereof: IAS 39 reclassified
1,665 5,536 7,201 578 1,134 1,712 8,913
problem loans 28 2,750 2,778 – 159 159 2,937
Our total problem loans decreased by € 478 million or 5 % during 2010 due to € 1.4 billion of charge-offs, partly
offset by a € 716 million gross increase of problem loans and a € 248 million increase as a result of exchange
rate movements.
The decrease in our total problem loans was driven by a restructuring of loans for a single counterparty stemming
from a failed syndication which were among the loans reclassified in accordance with IAS 39. This led to a
reduction of € 1.4 billion in impaired loans, thereof € 545 million due to charge-offs. After the restructuring we
continued to provide both senior and subordinate debt financing, but held certain noncontrolling rights, consents
and vetoes over the financial and operating decisions of the company. We accounted for the subordinated
financing arrangement as an equity method investment, and it was not disclosed as a problem loan.