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The following information is part of the consolidated financial statements as of 31 December 2003, which were audited and issued with an unqualified certificate by KPMG Deutsche Treuhand AG, Wirtschaftprüfungsgesellschaft.
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The following table presents net revenues (including provision for loan losses) by geographical location:
| |
| in € m. |
2003 |
2002 |
2001 |
| Germany |
5,786 |
10,676 |
12,788 |
| Europe (excluding Germany)1 |
7,294 |
6,237 |
7,443 |
| North America (primarily U.S.) |
5,058 |
5,218 |
6,106 |
| South America |
70 |
175 |
211 |
| Asia-Pacific |
1,947 |
2,150 |
1,969 |
| Consolidated net revenues2 |
20,155 |
24,456 |
28,517 |
| |
| 1 |
Includes revenues from Africa, which were not material in 2003, 2002 and 2001. |
| 2 |
Consolidated total net revenues comprise interest revenues, interest expense, provision for loan losses and total noninterest revenues (including net commission and fee revenues). Revenues are attributed to countries based on the location in which the Group's booking office is located. |
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