Part of the Consolidated Financial Statements as of 31 December 2007, which were audited by KPMG Deutsche Treuhand AG.

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[4] Commission and Fee Income and Expense

The following are the components of commissions and fee income and expense.

in € m.

2007

2006

Commission and fee income and expense:

 

 

Commissions and fee income

15,199

13,418

Commissions and fee expense

2,910

2,223

Net commissions and fee income

12,289

11,195

 

 

 

in € m.

2007

2006

Net commissions and fee income:

 

 

Net commissions and fees from fiduciary activities

3,965

3,911

Net commissions, brokers’ fees, mark-ups on securities underwriting and other securities activities

5,497

4,709

Net fees for other customer services

2,827

2,575

Net commissions and fee income

12,289

11,195