Deutsche Bank 1 - Historische Gesellschaft der Deutschen Bank e.V.

Net product of the bank - and its distribution
Receipts from the bank's lendings, Services and capital
investments in 1974 amounted to DM 4,930 m. as shown in
the profit and Ioss account. Against these revenues were
costs amounting to DM 3,160 m.
This may be Set out in detail as follows:
in rnillions
of DM
Recelpts aa per profit end 108s account ........., 4,930
Cornrnission end interest psid to its custornen incl.
credit lnstitutions ............................ 2,618
Expendlture to covor costs of premlses, furnirhlngs
snd office equipment etc, .................... 044
Deduction of these costs produces a net product of 1,770
The bank's earnlngs on its actlvities thus amounted to
DM 1,770 m. This can be regarded as its contribution to the
national income.
The diagrams show the percentage distribution of this
*~income" in 1973 and 1974 among the different groups
invdved, i,e. staff, shareholders, the benk itself and, last but
not least, the State.
A total of DM 1,281 m. or 72.396 of the earnings accrued
to t'oughly 35,800 employees and retired members of staff.
The share of the earnings acoruing to the staff breaks down
a5 follows E
1974 1973
in rnillions
of DM
Wages and salaries ...................... 732 627
Profit-sharing and bonuses .......,.......... 148 123
Capital formation scheme .................. 12 10
Compulaoy aocial security contributions ...... 107 91
Retirement pensions end other benefits ........ 260 131
Other voluntary social benefitcl .............. --
16 11
1,281 993
--
The central, regional and local authorities claimed DM
208 rn. or 11.7% in the form of taxes.
Approximately 168,000 shareholders of the bank will be
receriving DM 744 m. in tha form of dividend payments fol-
lowing a corresponding raiolution of the Annual General
Meeting in May 1976.
The company retained DM 139 m. in the form of pub-
lished resstves and Special items including resewes.
The differentes in the percentage Shares of the individual
groups between 1973 and 9974 are primarily due to the
company rrrtaining a larger share of the eamings in 1974.
The increase in the bank's reserve position was necesoary
as a peault gf higher risk, notably in the lending business,
and was made possible by ths improvement in the earnings
siruation campered with 1973. The public authorities bene-
fited from the higher profits in 1974, receiving an increase
of DM 108 m. in revenue, thus raising their share from 8%
to 11.7%. In sddition, the staff paid DM 291.3 m. (+ 19.9% 1
in the form of taxes and social insurance ~ontributions On
their inwm.