Allowance for Credit Losses

 (unaudited)

 

Six months ended Jun 30, 2014

 

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

2,857

2,732

5,589

102

114

216

5,805

Provision for credit losses

191

283

474

13

9

22

496

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

(40)

(4)

(44)

0

0

0

(44)

Net charge-offs:

(640)

(184)

(824)

0

0

0

(824)

Charge-offs

(662)

(230)

(892)

0

0

0

(892)

Recoveries

23

46

69

0

0

0

69

Changes in the group of consolidated companies

0

0

0

0

0

0

0

Exchange rate changes/other

(16)

(6)

(23)

0

1

0

(22)

Balance, end of period

2,392

2,824

5,216

114

124

238

5,454

 

 

 

 

 

 

 

 

Changes compared to prior year

 

 

 

 

 

 

 

Provision for credit losses

 

 

 

 

 

 

 

In € m.

(341)

3

(338)

7

(1)

6

(332)

In %

(64)

1

(42)

142

(13)

38

(40)

Net charge-offs

 

 

 

 

 

 

 

In € m.

(319)

(73)

(391)

0

0

0

(391)

In %

99

66

91

0

0

0

91

 

Six months ended Jun 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

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

 

 

 

 

 

 

 

In € m.

83

(14)

69

17

9

26

95

In %

18

(5)

9

(144)

444

(260)

13

Net charge-offs

 

 

 

 

 

 

 

In € m.

44

24

68

0

0

0

68

In %

(12)

(18)

(14)

0

0

0

(14)