Consolidated Statement of Income


in € m.

Notes

2012

2011

2010

Interest and similar income

6

32,242

34,878

28,779

Interest expense

6

16,351

17,433

13,196

Net interest income

6

15,891

17,445

15,583

Provision for credit losses

20

1,721

1,839

1,274

Net interest income after provision for credit losses

 

14,170

15,606

14,309

Commissions and fee income

7

11,510

11,544

10,669

Net gains on financial assets/liabilities at fair value through profit or loss

6

5,599

3,058

3,354

Net gains (losses) on financial assets available for sale

8

301

123

201

Net income (loss) from equity method investments

18

159

(264)

(2,004)

Other income (loss)

9

281

1,322

764

Total noninterest income

 

17,850

15,783

12,984

Compensation and benefits

34

13,526

13,135

12,671

General and administrative expenses

10

15,016

12,657

10,133

Policyholder benefits and claims

 

414

207

485

Impairment of intangible assets

25

1,886

29

Restructuring activities

11

394

Total noninterest expenses

 

31,236

25,999

23,318

Income before income taxes

 

784

5,390

3,975

Income tax expense

35

493

1,064

1,645

Net income

 

291

4,326

2,330

Net income attributable to noncontrolling interests

 

54

194

20

Net income attributable to Deutsche Bank shareholders

 

237

4,132

2,310

Earnings per Share

in €

Notes

2012

2011

2010

Earnings per share:1

12

 

 

 

1

The number of average basic and diluted shares outstanding has been adjusted for all periods before October 6, 2010 to reflect the effect of the bonus element of the subscription rights issue in connection with the capital increase.

2

Includes numerator effect of assumed conversions. For further detail please see Note 12 “Earnings per Share”.

Basic

 

€ 0.25

€ 4.45

€ 3.07

Diluted2

 

€ 0.25

€ 4.30

€ 2.92

Number of shares in million:1

 

 

 

 

Denominator for basic earnings per share – weighted-average shares outstanding

 

934.1

928.0

753.3

Denominator for diluted earnings per share – adjusted weighted-average shares after assumed conversions

 

959.9

957.3

790.8

The accompanying notes are an integral part of the Consolidated Financial Statements.