entire - Deutsche Bank Annual Report 2012

Deutsche Bank 02 – Consolidated Financial Statements 264
Financial Report 2010 Notes to the Consolidated Balance Sheet
22 – Property and Equipment
22 –
Property and Equipment
in € m.
Owner
occupied
properties
Furniture and
equipment
Leasehold
improvements
Construction-
in-progress Total
Cost of acquisition:
Balance as of January 1, 2009 1,467 2,500 1,513 1,317 6,797
Changes in the group of consolidated companies 5 (2) (2) – 1
Additions 4 242 70 276 592
Transfers 2 23 20 (1,121) (1,076)
Reclassifications (to)/from ‘held for sale’ (2) – – – (2)
Disposals 11 75 34 – 120
Exchange rate changes 4 53 25 (6) 76
Balance as of December 31, 2009 1,469 2,741 1,592 466 6,268
Changes in the group of consolidated companies 1,045 200 (8) 4 1,241
Additions 115 417 156 185 873
Transfers 2,208 398 60 (361) 2,305
Reclassifications (to)/from ‘held for sale’ (161) (21) (4) – (186)
Disposals 33 247 55 – 335
Exchange rate changes 3 133 72 4 212
Balance as of December 31, 2010 4,646 3,621 1,813 298 10,378
Accumulated depreciation and impairment:
Balance as of January 1, 2009 556 1,705 824 – 3,085
Changes in the group of consolidated companies (1) (3) (2) – (6)
Depreciation 35 232 150 – 417
Impairment losses 5 – 11 5 21
Reversals of impairment losses – – – – –
Transfers (1) 10 3 – 12
Reclassifications (to)/from ‘held for sale’ – – – – –
Disposals 5 55 25 – 85
Exchange rate changes – 37 10 – 47
Balance as of December 31, 2009 589 1,926 971 5 3,491
Changes in the group of consolidated companies – (1) (13) – (14)
Depreciation 47 293 154 – 494
Impairment losses 6 22 – – 28
Reversals of impairment losses – – – – –
Transfers 704 (13) (4) (5) 682
Reclassifications (to)/from ‘held for sale’ (2) – – – (2)
Disposals 16 187 39 – 242
Exchange rate changes 2 92 45 – 139
Balance as of December 31, 2010 1,330 2,132 1,114 – 4,576
Carrying amount:
Balance as of December 31, 2009 880 815 621 461 2,777
Balance as of December 31, 2010 3,316 1,489 699 298 5,802
In 2009, following a change in the relevant accounting standards, the Group changed the accounting treatment
of an asset previously accounted for as construction-in-progress in Property and Equipment and reclassified it
to investment property under Other Assets, in the 2009 financial statements. This asset was again reclassified
to Property and Equipment in the 2010 financial statements, triggered by a change of its economic characteristics.