Net Interest Income and Net Gains (Losses) on Financial Assets/Liabilities at Fair Value through Profit or Loss

 (unaudited)

 

Three months ended

Six months ended

in € m.

Jun 30, 2013

Jun 30, 2012

Jun 30, 2013

Jun 30, 2012

1

Trading income includes gains and losses from derivatives held for trading and from derivatives not qualifying for hedge accounting.

2

Prior period numbers have been amended.

3

Includes € (1) million and € 7 million from securitization structures for the three months ended June 30, 2013 and June 30, 2012, respectively, and € (102) million and € 39 million for the six months ended June 30, 2013 and June 30, 2012, respectively. Fair value movements on related instruments of € 74 million and of € 17 million for the three months ended June 30, 2013 and June 30, 2012, respectively, and € 261 million and € (7) million for the six months ended June 30, 2013 and June 30, 2012, respectively, are reported within trading income. Both are reported under Sales & Trading (debt and other products). The total of these gains and losses represents the Group’s share of the losses in these consolidated securitization structures.

4

Includes the net interest spread on loans as well as the fair value changes of credit default swaps and loans designated at fair value through profit or loss.

5

Includes net interest income and net gains (losses) on financial assets/liabilities at fair value through profit or loss on origination, advisory and other products.

Net interest income

3,651

3,912

7,301

8,150

Trading income1

803

6372

3,448

3,2552

Net gains (losses) on financial assets/liabilities designated at fair value through profit or loss3

536

3722

733

3882

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

1,338

1,009

4,181

3,644

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

4,990

4,921

11,483

11,793

Sales & Trading (equity)

579

350

1,207

863

Sales & Trading (debt and other products)

2,094

2,069

4,862

4,834

Total Sales & Trading

2,673

2,418

6,069

5,697

Loan products

213

77

331

165

Remaining products4

(69)

56

68

217

Corporate Banking & Securities

2,817

2,551

6,468

6,079

Global Transaction Banking5

440

464

950

963

Deutsche Asset & Wealth Management

216

268

930

1,025

Private & Business Clients

1,530

1,562

3,016

3,099

Non-Core Operations Unit

88

(33)

185

322

Consolidation & Adjustments

(102)

107

(67)

306

Total net interest income and net gains (losses) on financial assets/liabilities at fair value through profit or loss

4,990

4,921

11,483

11,793