entire - Deutsche Bank Annual Report 2012

Deutsche Bank 01 – Management Report 81
Financial Report 2010 Risk Report
Individually assessed impaired loans decreased by overall € 1.4 billion due to charge-offs of € 934 million and
gross decreases of € 609 million, partly offset by € 191 million exchange rate movements. The main reason for
the overall reduction of individually assessed impaired loans was the aforementioned restructuring. Our collectively
assessed impaired loans increased by € 415 million. These increases were driven by our acquisition of
Postbank as well as by increases in our portfolios in Italy and Poland. Gross increases in collectively assessed
impaired loans of € 909 million and € 15 million exchange rate movements were partially offset by € 509 million
charge-offs.
These effects led to a total decrease in impaired loans by € 937 million or 13 %, while nonimpaired problem
loans increased by € 459 million due to a number of loans designated as defaulted, but for which we did not
expect to incur a loss, mainly due to collateralization.
Our problem loans included € 2.2 billion of problem loans among the loans reclassified to loans and receivables
in accordance with IAS 39. For these loans we recorded charge-offs of € 607 million and gross decreases in
problem loans of € 219 million, partially offset by a € 101 million increase as a result of exchange rate movements.
Our commitments to lend additional funds to debtors with problem loans amounted to € 184 million as of December
31, 2010, a decrease of € 7 million or 4 % compared to December 31, 2009. Of these commitments,
€ 40 million were to debtors whose loan terms have been modified in a troubled debt restructuring, a decrease
of € 11 million compared to December 31, 2009.
In addition, as of December 31, 2010, we had € 8 million of lease financing transactions that were nonperforming,
an increase of € 1 million or 14 % compared to December 31, 2009. These amounts are not included in our
total problem loans.
The following table presents an overview of nonimpaired Troubled Debt Restructurings representing our renegotiated
loans that would otherwise be past due or impaired.
in € m. Dec 31, 2010 Dec 31, 2009
Troubled debt restructurings not impaired 818 188
The following table breaks down the nonimpaired past due loan exposure carried at amortized cost according
to its past due status, including nonimpaired loans past due more than 90 days but where there is no concern
over the creditworthiness of the counterparty.
in € m. Dec 31, 2010 Dec 31, 2009
Loans less than 30 days past due 4,092 6,192
Loans 30 or more but less than 60 days past due 973 941
Loans 60 or more but less than 90 days past due 384 558
Loans 90 days or more past due 981 925
Total loans past due but not impaired 6,430 8,616