Three months ended

in € m.

Mar 31, 2007

Mar 31, 2006

Interest revenues

15,817

12,959

Interest expense

13,764

11,321

Net interest revenues

2,053

1,638

Provision for credit losses

98

9

Net interest revenues after provision for credit losses

1,955

1,629

Commissions and fee income

2,931

2,815

Net gain (loss) on financial assets/liabilities at fair value through profit or loss

3,936

3,072

Net gains (losses) on financial assets available for sale

234

85

Net income (loss) from equity method investments

220

268

Other revenues

202

135

Total noninterest revenues

7,523

6,375

Compensation and benefits

4,329

3,622

General and administrative expenses

1,940

1,739

Impairment of intangible assets

54

Restructuring activities

(8)

42

Total noninterest expenses

6,315

5,403

Income before income tax expense

3,163

2,601

Income tax expense

1,031

952

Net income

2,132

1,649

Net income attributable to minority interest

11

13

Net income attributable to Deutsche Bank shareholders

2,121

1,636