Deutsche Bank - Historische Gesellschaft der Deutschen Bank e.V.

Group Management Report and
Consolidated Financial Statements
lncome from write-ups of participating interests, shares in related com-
panies and securities treated as fixed assets totalled DM 106 m.
following the offsetting with expenses perrnissible under
§ 340c (2) CommC.
After inclusion of the other items of the Profit and Loss Account, in par-
ticular the special depreciation of tangible assets, profit before taxes
was DM 4,599 m., which is 23.1 %or DM 863 m. more than in the previous
year. Tnxes on income therefore increased by DM 485 m. to DM 2,059 m.
Other taxes amounted to DM 297 m.
Net income rises by 22.6 % At DM 2,243 m., net income for the year exceeds the 1992 figure by DM
413 m or 22 6% We allocated DM 1,390 m. to Group revenue reserves.
The profit attributable to minority interests was DM 75 m. on balance.
Consolidatcd profit then stood at DM 778 m.
Dividend o f DM 76.50
proposed
It is proposed that a dividend of DM 16.50 per share of DM 50 par value
on the share capital of DM 2,357 m. be resolved.
With theadditional dividend payment of DM 1.50 per share, i.e. DM 71 m.,
we are passing on to our shareholders the tax relief from the reduction in
tax on distributed profits from 36% to 30%. Together with imputable
corporation tax of DM 7.07 per share, the total income for our domestic
shareholders is DM 23.57 per DM 50 share after DM 23.44 for the 1992
financial year