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Others & Consolidation<br />
Operating profit<br />
in € m<br />
19<br />
Q1<br />
-120<br />
Q2<br />
-339<br />
<strong>Q3</strong><br />
-65<br />
Q4<br />
Eric Strutz CFO <br />
Frankfurt <br />
November 4th, <strong>2011</strong><br />
371<br />
Q1<br />
-46<br />
2010 <strong>2011</strong><br />
309<br />
Q2 <strong>Q3</strong><br />
<strong>Q3</strong> 10 Q2 11 <strong>Q3</strong> 11 9M 10 9M 11<br />
Ø equity (€ m) 9,011 12,162 9,365 8,638 11,122<br />
P&L at a glance<br />
in € m <strong>Q3</strong> 10 Q2 11 <strong>Q3</strong> 11 9M 10 9M 11<br />
Revenues before LLP -164 73 447 206 1,015<br />
LLP 2 -1 0 6 0<br />
Operating expenses 177 118 138 652 381<br />
Operating profit -339 -46 309 -440 634<br />
› Treasury benefits from refinement of valuation models on<br />
economic hedges on interest rates<br />
16
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