Folie 1 - Commerzbank AG
Folie 1 - Commerzbank AG
Folie 1 - Commerzbank AG
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Trading profit: Outperforming expectations<br />
Trading profit<br />
in € m<br />
320<br />
August 9th, 2007<br />
14<br />
306<br />
337<br />
11<br />
326<br />
-96<br />
168<br />
264<br />
Pro-forma full integration of Eurohypo (half year)<br />
Σ 657 + 4% Σ 682<br />
Pro-forma integration of Eurohypo<br />
286<br />
Q1`06 Q2`06 Q3`06 Q4`06<br />
48<br />
238<br />
301<br />
2<br />
299<br />
381<br />
Q1`07 Q2`07<br />
74<br />
307<br />
• Best quarterly result within the<br />
last 5 years<br />
• With €327m C&M once again<br />
exceeded the high trading<br />
profits of previous quarters<br />
- Very strong equity<br />
derivatives business<br />
contributed roughly 50%<br />
of entire profit<br />
• €74m IAS 39 effect<br />
Trading profit<br />
Sales & trading<br />
Net result on measurement of<br />
derivatives and hedge accounting and<br />
application of fair value option (IAS 39)<br />
4
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