entire - Deutsche Bank Annual Report 2012

Management Report and Report of the Supervisory Board
Operating and Financial Review
Deutsche Bank Group – 4
Executive Summary – 5
Results of Operations – 9
Financial Position – 28
Liquidity and Capital Resources – 40
Value-based Management – 42
Events after the Reporting Date – 42
Report of the Supervisory Board – 43
Risk Report
Risk Management Executive Summary – 50
Risk and Capital Management – 52
Risk and Capital Strategy – 55
Categories of Risk – 55
Risk Management Tools – 58
Credit Risk – 60
Market Risk – 88
Operational Risk – 101
Liquidity Risk at Deutsche Bank Group (excluding Postbank) – 105
Capital Management – 113
Balance Sheet Management – 115
Overall Risk Position – 116
Internal Control over Financial Reporting – 118
Information pursuant to Section 315 (4) of the German Commercial Code and Explanatory Report – 123
Compensation Report
Principles of the Compensation System for Management Board Members – 128
Compensation System for Supervisory Board Members – 136
Corporate and Social Responsibility
Employees and Social Responsibility – 138
Corporate Social Responsibility – 139
Outlook – 141