Allowance for Credit Losses

 (unaudited)

 

Six months ended Jun 30, 2013

 

Allowance for Loan Losses

Allowance for Off-Balance Sheet Positions

 

in € m.

Individually assessed

Collectively assessed

Subtotal

Individually assessed

Collectively assessed

Subtotal

Total

Balance, beginning of year

2,266

2,426

4,692

118

97

215

4,907

Provision for credit losses

532

280

812

5

11

16

828

thereof: (Gains)/Losses from disposal of impaired loans

4

(43)

(39)

0

0

0

(39)

Net charge-offs:

(321)

(111)

(432)

0

0

0

(432)

Charge-offs

(336)

(199)

(535)

0

0

0

(535)

Recoveries

15

88

103

0

0

0

103

Changes in the group of consolidated companies

0

0

0

0

0

0

0

Exchange rate changes/other

(45)

(20)

(65)

(0)

0

0

(65)

Balance, end of period

2,432

2,575

5,007

123

108

231

5,237

 

 

 

 

 

 

 

 

Changes compared to prior year

 

 

 

 

 

 

 

Provision for credit losses

 

 

 

 

 

 

 

absolute

83

(14)

69

17

9

26

95

relative

18 %

(5) %

9 %

(144) %

444 %

(260) %

13 %

Net charge-offs

 

 

 

 

 

 

 

absolute

44

24

68

0

0

0

68

relative

(12) %

(18) %

(14) %

0 %

0 %

0 %

(14) %

 

Six months ended Jun 30, 2012

 

Allowance for Loan Losses

Allowance for Off-Balance Sheet Positions

 

in € m.

Individually assessed

Collectively assessed

Subtotal

Individually assessed

Collectively assessed

Subtotal

Total

Balance, beginning of year

2,011

2,147

4,158

127

98

225

4,383

Provision for credit losses

449

294

743

(12)

2

(10)

733

thereof: (Gains)/Losses from disposal of impaired loans

4

(51)

(47)

0

0

0

(47)

Net charge-offs:

(365)

(135)

(500)

0

0

0

(500)

Charge-offs

(385)

(242)

(627)

0

0

0

(627)

Recoveries

20

107

127

0

0

0

127

Changes in the group of consolidated companies

0

0

0

0

0

0

0

Exchange rate changes/other

(32)

2

(30)

0

1

1

(29)

Balance, end of period

2,063

2,307

4,370

115

101

216

4,586

 

 

 

 

 

 

 

 

Changes compared to prior year

 

 

 

 

 

 

 

Provision for credit losses

 

 

 

 

 

 

 

absolute

37

(140)

(103)

(14)

13

(1)

(104)

relative

9 %

(32) %

(12) %

(684) %

118 %

(11) %

(12) %

Net charge-offs

 

 

 

 

 

 

 

absolute

15

(59)

(44)

0

0

0

(44)

relative

4 %

(31) %

(8) %

0 %

0 %

0 %

(8) %