entire - Deutsche Bank Annual Report 2012

Deutsche Bank 02 – Consolidated Financial Statements 317
Financial Report 2010 Additional Notes
38 – Information on Subsidiaries
Transactions with Pension Plans
Under IFRS, certain post-employment benefit plans are considered related parties. The Group has business
relationships with a number of its pension plans pursuant to which it provides financial services to these plans,
including investment management services. The Group’s pension funds may hold or trade Deutsche Bank
shares or securities. A summary of transactions with related party pension plans follows.
in € m. 2010 2009
Deutsche Bank securities held in plan assets:
Equity shares – –
Bonds 16 –
Other securities 83 26
Total 99 26
Property occupied by/other assets used by Deutsche Bank – –
Derivatives: Market value for which DB (or subsidiary) is a counterparty (2) 177
Derivatives: Notional amount for which DB (or subsidiary) is a counterparty 14,966 11,604
Fees paid from Fund to any Deutsche Bank asset manager(s) 24 21
38 –
Information on Subsidiaries
Deutsche Bank AG is the direct or indirect holding company for the Group’s subsidiaries.
Significant Subsidiaries
The following table presents the significant subsidiaries Deutsche Bank AG owns, directly or indirectly.
Subsidiary Place of Incorporation
Taunus Corporation 1 Delaware, United States
Deutsche Bank Trust Company Americas 2 New York, United States
Deutsche Bank Securities Inc. 3 Delaware, United States
Deutsche Bank Luxembourg S.A. 4 Luxembourg
Deutsche Bank Privat- und Geschäftskunden Aktiengesellschaft 5 Frankfurt am Main, Germany
DB Valoren S.á.r.l. 6 Luxembourg
DB Equity S.á.r.l. 7 Luxembourg
Deutsche Postbank AG 8 Bonn, Germany
1 This company is a holding company for most of the Group subsidiaries in the United States.
2 This company is a subsidiary of Taunus Corporation. Deutsche Bank Trust Company Americas is a New York State-chartered bank which originates loans and other
forms of credit, accepts deposits, arranges financings and provides numerous other commercial banking and financial services.
3 Deutsche Bank Securities Inc. is a U.S. SEC-registered broker dealer and is a member of the New York Stock Exchange and regulated by the Financial Industry
Regulatory Authority. It is also regulated by the individual state securities authorities in the states in which it operates.
4 The primary business of this company comprises Treasury and Markets activities, especially as a major supplier of Euro liquidity for Deutsche Bank Group. Further
business activities are the international loan business, where the bank acts as lending office for continental Europe and starting 2010 as risk hub for the loan
exposure management group, and private banking.
5 The company serves private individuals, affluent clients and small business clients with banking products.
6 This company is a holding company for Deutsche Bank subgroups in Australia, New Zealand, and Singapore. It is also the holding company for DB Equity S.á.r.l.
7 The company is the holding company for a part of the Group’s stake in Deutsche Postbank AG.
8 The business activities of this company comprise retail banking, business with corporate customers, money and capital markets activities as well as home savings loans.