10 – General and Administrative Expenses


in € m.

2012

2011

2010

1

The increase in consolidated investments in 2011 compared to 2010 is essentially driven by The Cosmopolitan of Las Vegas, mainly related to the start of its operations at the end of 2010.

2

The increase in 2012 compared to 2011 is mainly driven by litigation related expenses of € 2.5 billion. See Note 29 “Provisions”, for more detail on litigation. The increase in 2011 compared to 2010 is primarily driven by specific charges in CB&S (€ 655 million litigation related expenses and a specific charge of € 310 million relating to the impairment of a German VAT claim) and the first time consideration of € 247 million for the German and UK bank levies.

General and administrative expenses:

 

 

 

IT costs

2,547

2,194

2,274

Occupancy, furniture and equipment expenses

2,115

2,072

1,679

Professional service fees

1,870

1,632

1,616

Communication and data services

907

849

785

Travel and representation expenses

518

539

554

Payment, clearing and custodian services

609

504

418

Marketing expenses

376

410

335

Consolidated investments1

760

652

390

Other expenses2

5,314

3,805

2,082

Total general and administrative expenses

15,016

12,657

10,133

Key figures comparison

Compare key figures of the past years. more