Deutsche Bank Interim Report as of March 31, 2007 - Fact Sheet (optimized for printing)

	Three months ended
	Mar 31, 2007	Mar 31, 2006
Share price at period end	€ 100.84	€ 94.25
Share price high	€ 110.00	€ 96.19
Share price low	€ 90.60	€ 81.17
Basic earnings per share	€ 4.47	€ 3.46
Diluted earnings per share	€ 4.28	€ 3.11
Average shares outstanding, in m., basic	475	473
Average shares outstanding, in m., diluted	496	526
Return on average total shareholders’ equity (post tax)	24.8 %	22.6 %
Pre-tax return on average total shareholders’ equity	36.9 %	35.7 %
Pre-tax return on average active equity	44.6 %	42.2 %
Cost/income ratio¹	65.9 %	67.4 %
Compensation ratio²	45.2 %	45.2 %
Non-compensation ratio³	20.7 %	22.2 %
	in € m.	in € m.
Total revenues	9,576	8,013
Provision for credit losses	98	9
Total noninterest expenses	6,315	5,403
Income before income tax expense	3,163	2,601
Net income	2,132	1,649
	Mar 31, 2007	Dec 31, 2006
	in € bn.	in € bn.
Total assets	1,747	1,572
Shareholders’ equity	36.2	32.7
BIS core capital ratio (Tier I)	8.7 %	8.5 %
	Number	Number
Branches	1,814	1,717
thereof in Germany	994	934
Employees (full-time equivalent)	73,114	68,849
thereof in Germany	27,422	26,401
Long-term rating
Moody’s Investors Service	Aa3	Aa3
Standard & Poor’s	AA–	AA–
Fitch Ratings	AA–	AA–

The reconciliation of average active equity and related ratios is provided in the chapter Target Definition.
1	Total noninterest expenses as a percentage of total net interest revenues before provision for credit losses plus noninterest revenues.
2	Compensation and benefits as a percentage of total net interest revenues before provision for credit losses plus noninterest revenues.
3	Non-compensation noninterest expenses, which is defined as total noninterest expenses less compensation and benefits, as a percentage of total net interest revenues before provision for credit losses plus noninterest revenues.