42 – Supplementary Information to the Consolidated Financial Statements according to Section 315a HGB


Staff Costs

in € m.

2012

2011

Staff costs:

 

 

Wages and salaries

11,266

11,071

Social security costs

2,260

2,064

thereof: those relating to pensions

715

675

Total

13,526

13,135

Staff

The average number of effective staff employed in 2012 was 100,380 (2011: 101,836) of whom 44,047 (2011: 44,865) were women. Part-time staff is included in these figures proportionately. An average of 53,236 (2011: 53,153) staff members worked outside Germany.

Management Board and Supervisory Board Remuneration

The total compensation of the Management Board was € 23,681,498 and € 27,323,672 for the years ended December 31, 2012 and 2011, respectively, thereof € 12,678,563 and € 17,894,081 for variable components.

Former members of the Management Board of Deutsche Bank AG or their surviving dependents received € 27,406,637 and € 17,096,252 for the years ended December 31, 2012 and 2011, respectively.

Deutsche Bank compensates the Supervisory Board members after the end of each fiscal year. In January 2013, Deutsche Bank paid each Supervisory Board member the fixed portion of their remuneration and meeting fees for services in 2012. In addition, the Group will generally pay each Supervisory Board member a remuneration linked to Deutsche Bank’s long-term performance as well as a dividend-based bonus, as defined in Deutsche Bank’s Articles of Association, for their services in 2012. Assuming that the Annual General Meeting in May 2013 approves the proposed dividend of € 0.75 per share, the Supervisory Board will receive a total remuneration of € 2,335,000 (2011: € 2,608,600).

Provisions for pension obligations to former members of the Management Board and their surviving dependents amounted to € 214,572,881 and € 166,822,899 at December 31, 2012 and 2011, respectively.

Loans and advances granted and contingent liabilities assumed for members of the Management Board amounted to € 2,926,223 and € 5,383,155 and for members of the Supervisory Board of Deutsche Bank AG to € 4,435,782 and € 5,224,755 for the years ended December 31, 2012 and 2011, respectively. Members of the Supervisory Board repaid € 1,940,792 loans in 2012.

Corporate Governance

Deutsche Bank AG has approved the Declaration of Conformity in accordance with section 161 of the German Corporation Act (AktG). The declaration is published on Deutsche Bank’s website (www.deutsche-bank.de/ir/en/content/declaration_of_conformity.htm).

Principal Accountant Fees and Services

Breakdown of the fees charged by the Group’s auditor

Fee category in € m.

2012

2011

1

Totals do not add up due to roundings.

Audit fees

50

54

thereof to KPMG AG

25

25

Audit-related fees

19

12

thereof to KPMG AG

12

8

Tax-related fees

7

7

thereof to KPMG AG

3

3

All other fees

1

3

thereof to KPMG AG

3

Total fees1

76

76

For further information please refer to the Corporate Governance Statement/Corporate Governance Report.