COMMERZBANK AKTIENGESELLSCHAFT

To our Shareholders Interim Management Report Interim Financial Statements
2 9 Overall results
272 Consolidated balance sheet
273 Statement of changes in equity
274 Cash flow statement
275 Notes to the income statement
284 Notes to the balance sheet
290 Other notes
Consolidated income statement (quarter-on-quarter comparison)
in € m 2009 2008
2 nd quarter 1 st quarter 4 th quarter 3 rd quarter 2 nd quarter 1 st quarter
Net interest income 1,838 1, 92 1,325 1,211 1,174 1,019
Provision for
possible loan losses –993 –844 – 38 – 28 –414 –175
Net interest income
after provisioning 845 848 87 583 7 0 844
Net commission income 947 850 77 720 717 732
Trading profit 93 –523 –701 –297 375 173
Net investment income 172 38 –324 –229 –8 –2
Other result 5 –71 –137 –15 91 34
Operating expenses 2,2 3 2,081 1,024 1,237 1,373 1,322
Operating profit –201 –591 –822 –475 484 435
Impairments of goodwill 70 – – – – –
Restructuring expenses 21 289 – – – 25
Profit from ordinary activities /
Pre-tax profit –487 –880 –822 –475 484 410
Taxes on income 27 8 43 –202 –38 80
Consolidated surplus –763 –888 –865 –273 870 330
attributable to
minority interests –17 –27 –5 12 53 50
attributable to
Commerzbank shareholders –74 –8 1 –809 –285 817 280
271