Consolidated Statement of Income

in € m.

Notes

2013

2012

2011

Interest and similar income

5

25,601

31,593

34,366

Interest expense

5

10,768

15,619

16,921

Net interest income

5

14,834

15,975

17,445

Provision for credit losses

20

2,065

1,721

1,839

Net interest income after provision for credit losses

 

12,769

14,254

15,606

Commissions and fee income

6

12,308

11,809

11,878

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

5

3,817

5,608

2,724

Net gains (losses) on financial assets available for sale

7

394

301

123

Net income (loss) from equity method investments

17

369

163

(264)

Other income (loss)

8

193

(120)

1,322

Total noninterest income

 

17,082

17,761

15,783

Compensation and benefits

35

12,329

13,490

13,135

General and administrative expenses

9

15,126

15,017

12,657

Policyholder benefits and claims

 

460

414

207

Impairment of intangible assets

25

79

1,886

0

Restructuring activities

10

399

394

0

Total noninterest expenses

 

28,394

31,201

25,999

Income before income taxes

 

1,456

814

5,390

Income tax expense

36

775

498

1,064

Net income

 

681

316

4,326

Net income attributable to noncontrolling interests

 

15

53

194

Net income attributable to Deutsche Bank shareholders

 

666

263

4,132

Earnings per Share

in €

Notes

2013

2012

2011

1

Includes numerator effect of assumed conversions. For further detail please see Note 11 “Earnings per Share”.

Earnings per share:

11

 

 

 

Basic

 

€ 0.67

€ 0.28

€ 4.45

Diluted1

 

€ 0.65

€ 0.27

€ 4.30

Number of shares in million:

 

 

 

 

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

 

997.4

934.0

928.0

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

 

1,025.2

959.8

957.3

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