Allowance for Credit Losses

 (unaudited)

 

Nine months ended Sep 30, 2013

 

Allowance for Loan Losses

Allowance for Off-Balance Sheet Positions

 

in € m.
(unless stated otherwise)

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

856

452

1,308

11

21

32

1,340

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

4

(43)

(39)

0

0

0

(39)

Net charge-offs:

(460)

(183)

(644)

0

0

0

(644)

Charge-offs

(482)

(294)

(776)

0

0

0

(776)

Recoveries

22

110

132

0

0

0

132

Changes in the group of consolidated companies

0

0

0

0

0

0

0

Exchange rate changes/other

(70)

(25)

(95)

(2)

(2)

(4)

(100)

Balance, end of period

2,592

2,669

5,261

126

116

242

5,503

 

 

 

 

 

 

 

 

Changes compared to prior year

 

 

 

 

 

 

 

Provision for credit losses

 

 

 

 

 

 

 

absolute

16

(5)

12

24

16

40

52

relative (in %)

2

(1)

1

(177)

302

(476)

4

Net charge-offs

 

 

 

 

 

 

 

absolute

145

30

175

0

0

0

175

relative (in %)

(24)

(14)

(21)

0

0

0

(21)

 

Nine months ended Sep 30, 2012

 

Allowance for Loan Losses

Allowance for Off-Balance Sheet Positions

 

in € m.
(unless stated otherwise)

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

840

456

1,296

(14)

5

(9)

1,287

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

80

(51)

29

0

0

0

29

Net charge-offs:

(606)

(213)

(819)

0

0

0

(819)

Charge-offs

(632)

(345)

(977)

0

0

0

(977)

Recoveries

27

132

158

0

0

0

158

Changes in the group of consolidated companies

0

0

0

0

0

0

0

Exchange rate changes/other

(56)

0

(56)

0

1

1

(55)

Balance, end of period

2,190

2,389

4,579

113

104

217

4,796

 

 

 

 

 

 

 

 

Changes compared to prior year

 

 

 

 

 

 

 

Provision for credit losses

 

 

 

 

 

 

 

absolute

246

(257)

(10)

(12)

10

(1)

(12)

relative (in %)

41

(36)

(1)

551

(207)

20

(1)

Net charge-offs

 

 

 

 

 

 

 

absolute

(172)

(69)

(103)

0

0

0

103

relative (in %)

40

(24)

14

0

0

0

14