COMMERZBANK AKTIENGESELLSCHAFT

To our Shareholders Corporate Responsibility Management Report Risk Report Group Financial Statements Further Information 247 303
258 202 Statement of comprehensive income
260 204 Balance sheet
262 206 Statement of changes in equity
264 208 Cash flow statement
266 210 Notes
409 353 Auditors’ report
Details for Others and Consolidation:
€m 2011 2010
Others Consolidation
Others and
Consolidation
Others Consolidation
Others and
Consolidation
Net interest income – 44 17 – 27 331 – 25 306
Loan loss provisions 2 – 2 6 – 6
Net interest income after provisions – 42 17 – 25 337 – 25 312
Net commission income
Net trading income and net income from hedge
– 119 – 3 – 122 – 65 – 1 – 66
accounting 642 51 693 10 – 19 – 9
Net investment income
Current net income from companies accounted
201 – 1 200 55 – 1 54
for using the equity method 5 – 5 4 – 4
Other net income 1,242 5 1,247 101 – 22 79
Income before loan loss provisions 1,927 69 1,996 436 – 68 368
Income after loan loss provisions 1,929 69 1,998 442 – 68 374
Operating expenses 431 – 13 418 892 – 13 879
Operating profit or loss 1,498 82 1,580 – 450 – 55 – 505
Impairments of goodwill and brand names – – – – – –
Restructuring expenses – – – – – –
Pre-tax profit or loss 1,498 82 1,580 – 450 – 55 – 505
Assets 65,671 – 65,671 86,273 – 86,273
Under Consolidation we report consolidation and reconciliation
items between the results of the segments and the Others
category on the one hand and the consolidated financial
statements on the other. This includes the following items
among others:
• Remeasurement effects from the application of hedge
accounting to intra-bank transactions as per IAS 39 are
shown in Consolidation.
• The pre-tax equivalent from tax-related transactions allocated
to net interest income in the Corporates & Markets segment is
eliminated again under Consolidation.
• Net remeasurement gains or losses on own bonds and shares
incurred in the segments are eliminated under Consolidation.
• Other consolidation effects from intra-group transactions are
also reported here.
• Integration and restructuring expenses of the Group
management units are reported under Consolidation.
Group Financial Statements