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
Notes to the income statement
(1) Net interest income
in € m 1.1.–30.6.2009 1.1.–30.6.2008 Change in %
Interest income from lending and money-market transactions
and also from financial investments securities portfolio 1 10,81 10, 99 1.1
Gains from the sale of loans and receivables 35 – .
Dividends from securities 21 57 – 3.2
Current result on investments, investments in
associated companies and holdings in subsidiaries 59 84 –29.8
Current income from assets and debt held for sale
as well as from investment properties 50 44 13.
Interest income 10,981 10,884 0.9
of which:
Interest income from applying the fair value option 138 68 .
Interest paid on subordinated and hybrid capital and
also on securitized and other liabilities 7,415 8, 7 –14.4
Losses from the sale of loans and receivables 1 – .
Current expenses from assets and debt held for sale
as well as from investment properties 20 24 –1 .7
Interest expenses 7,451 8,691 –14.3
of which:
Interest expenses from applying the fair value option 251 46 .
Total 3,530 2,193 61.0
1 Herein €35m (previous year: €21m) are included in the current business year from prepayment penalty fees.
The unwinding effect for the first half of 2009 is €63m.
(2) Provision for possible loan losses
in € m 1.1.–30.6.2009 1.1.–30.6.2008 Change in %
Allocation to provisions –2,530 –825 .
Reversals of provisions 7 0 304 .
Balance of direct write-downs, write-ups and
amounts received on written-down claims – 7 – 8 –1.5
Total –1,837 –589 .
275