entire - Deutsche Bank Annual Report 2012

Deutsche Bank
Annual Review 2010
Statement of Income
03 – Consolidated Financial Statements / Excerpts
Statement of Income
Statement of Income
in € m. 2010 2009 2008
Interest and similar income 28,779 26,953 54,549
Interest expense 13,196 14,494 42,096
Net interest income 15,583 12,459 12,453
Provision for credit losses 1,274 2,630 1,076
Net interest income after provision for credit losses 14,309 9,829 11,377
Commissions and fee income 10,669 8,911 9,741
Net gains ( losses ) on fi nancial assets / liabilities at fair value through profi t or loss 3,354 7,109 ( 9,992)
Net gains ( losses ) on fi nancial assets available for sale 201 ( 403 ) 666
Net income ( loss ) from equity method investments ( 2,004) 59 46
Other income ( loss ) 764 ( 183) 699
Total noninterest income 12,984 15,493 1,160
Compensation and benefi ts 12,671 11,310 9,606
General and administrative expenses 10,133 8,402 8,339
Policyholder benefi ts and claims 485 542 ( 252)
Impairment of intangible assets 29 ( 134) 585
Restructuring activities – – –
Total noninterest expenses 23,318 20,120 18,278
Income ( loss ) before income taxes 3,975 5,202 ( 5,741)
Income tax expense ( benefi t ) 1,645 244 ( 1,845)
Net income ( loss ) 2,330 4,958 ( 3,896)
Net income ( loss) attributable to noncontrolling interests 20 ( 15) ( 61)
Net income ( loss ) attributable to Deutsche Bank shareholders 2,310 4,973 ( 3,835)
Earnings per Common Share1 in € 2010 2009 2008
Basic 3.07 7.21 ( 6.87)
Diluted2 Number of shares in million
2.92 6.94 ( 6.87)
1
Denominator for basic earnings per share – weighted-average shares outstanding 753.3 689.4 558.5
Denominator for diluted earnings per share – adjusted weighted-average shares after assumed conversions 790.8 716.7 558.6
1 The number of average basic and diluted shares outstanding has been adjusted for all periods before October 6, 2010 to refl ect the eff ect of the bonus element of the subscription
rights issue in connection with the capital increase.
2 Includes numerator eff ect of assumed conversions. For further detail please see Note 11 “Earnings per Common Share”.
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