Deutsche Bank Annual Report 2008

in € m.	[Notes]	2008	2007	2006
Interest and similar income	[3]	54,549	64,675	58,275
Interest expense	[3]	42,096	55,826	51,267
Net interest income	[3]	12,453	8,849	7,008
Provision for credit losses	[16]	1,076	612	298
Net interest income after provision for credit losses		11,377	8,237	6,710
Commissions and fee income	[4]	9,749	12,289	11,195
Net gains (losses) on financial assets/liabilities at fair value through profit or loss	[3]	(9,992)	7,175	8,892
Net gains (losses) on financial assets available for sale	[5]	666	793	591
Net income (loss) from equity method investments	[14]	46	353	419
Other income	[6]	568	1,286	389
Total noninterest income		1,037	21,896	21,486
Compensation and benefits	[31], [32]	9,606	13,122	12,498
General and administrative expenses	[7]	8,216	7,954	7,069
Policyholder benefits and claims	[40]	(252)	193	67
Impairment of intangible assets	[21]	585	128	31
Restructuring activities	[25]	–	(13)	192
Total noninterest expenses		18,155	21,384	19,857
Income (loss) before income taxes		(5,741)	8,749	8,339
Income tax expense (benefit)	[33]	(1,845)	2,239	2,260
Net income (loss)		(3,896)	6,510	6,079
Net income (loss) attributable to minority interest		(61)	36	9
Net income (loss) attributable to Deutsche Bank shareholders		(3,835)	6,474	6,070

Earnings per Common Share

in €

[Notes]

2008

2007

2006

1	Includes numerator effect of assumed conversions. For further detail please see Note [8].

Earnings per common share:

[8]

Basic

(7.61)

13.65

12.96

Diluted¹

(7.61)

13.05

11.48

Number of shares in m.

Denominator for basic earnings per share –

weighted-average shares outstanding

504.1

474.2

468.3

Denominator for diluted earnings per share –

adjusted weighted-average shares after assumed conversions

504.2

496.1

521.2

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