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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 asset and income statement information by major geographic area. The information presented has been classified based primarily on the location of the Group's office in which the assets and transactions are recorded. However, due to the highly integrated nature of the Group’s operations, estimates and assumptions have been made to allocate items between regions.

 
2003 Total Assets Total Gross Total Gross Income Net Income


in € m.
Revenues1 Expenses1 (Loss) Before Taxes2 (Loss)
International operations:          
Europe (excluding Germany)3 327,835 17,674 15,954 1,720 837
North America (primarily U.S.) 221,048 10,156 9,853 303 233
South America 1,277 575 575
Asia-Pacific 60,101 3,389 2,877 512 357
Total international 610,261 31,794 29,259 2,535 1,427
Domestic operations (Germany) 193,353 11,210 10,989 221 (62)
Total 803,614 43,004 40,248 2,756 1,365
International as a percentage of total above 76% 74% 73% 92% 105%
 
1 Total gross revenues comprise interest revenues and total noninterest revenues (including net commissions and fee revenues). Total gross expenses comprise interest expense, provision for loan losses and total noninterest expenses.
2 Before cumulative effect of accounting changes.
3 Includes balance sheet and income statement data from Africa, which were not material in 2003.
 
2002 Total Assets Total Gross Total Gross Income Net Income


in € m.
Revenues1 Expenses1 (Loss) Before Taxes2 (Loss)
International operations:          
Europe (excluding Germany)3 286,545 18,938 18,618 320 309
North America (primarily U.S.) 205,375 13,352 14,129 (777) (488)
South America 1,051 963 877 86 52
Asia-Pacific 48,612 3,863 3,271 592 397
Total international 541,583 37,116 36,895 211 270
Domestic operations (Germany) 216,772 18,026 14,698 3,328 127
Total 758,355 55,142 51,593 3,549 397
International as a percentage of total above 71% 67% 72% 6% 68%
 
1 Total gross revenues comprise interest revenues and total noninterest revenues (including net commissions and fee revenues). Total gross expenses comprise interest expense, provision for loan losses and total noninterest expenses.
2 Before cumulative effect of accounting changes.
3 Includes balance sheet and income statement data from Africa, which were not material in 2002.
 
2001 Total Assets Total Gross Total Gross Income Net Income


in € m.
Revenues1 Expenses1 (Loss) Before Taxes2 (Loss)
International operations:          
Europe (excluding Germany)3 313,068 23,952 22,780 1,172 620
North America (primarily U.S.) 237,456 21,794 22,500 (706) (901)
South America 2,433 816 708 108 41
Asia-Pacific 57,130 4,842 4,697 145 7
Total international 610,087 51,404 50,685 719 (233)
Domestic operations (Germany) 308,135 23,156 22,072 1,084 400
Total 918,222 74,560 72,757 1,803 167
International as a percentage of total above 66% 69% 70% 40% N/M
 
1 Total gross revenues comprise interest revenues and total noninterest revenues (including net commissions and fee revenues). Total gross expenses comprise interest expense, provision for loan losses and total noninterest expenses.
2 Before cumulative effect of accounting changes.
3 Includes balance sheet and income statement data from Africa, which were not material in 2001.
  N/M – Not meaningful.
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