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, 2014

Jun 30, 2013

Jun 30, 2014

Jun 30, 2013

1

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

2

Includes losses of € (3) million and of € (1) million from securitization structures for the three months ended June 30, 2014 and June 30, 2013, respectively and losses of € (2) million and of € (102) million for the six months ended June 30, 2014 and June 30, 2013, respectively. Fair value movements on related instruments of € 17 million and of € 74 million for the three months ended June 30, 2014 and June 30, 2013, respectively and € 45 million and of € 261 million for the six months ended June 30, 2014 and June 30, 2013, 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.

3

Prior periods have been restated. For further information, please refer to the note “Basis of preparation” of this report.

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

3,666

3,651

7,041

7,301

Trading income1

1,303

749

3,002

3,198

Net gains (losses) on financial assets/liabilities designated at fair value through profit or loss2

(50)

484

(133)

733

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

1,253

1,2343

2,870

3,9313

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

4,920

4,885

9,911

11,232

Sales & Trading (equity)

541

579

1,146

1,207

Sales & Trading (debt and other products)

1,702

1,825

3,752

4,327

Total Sales & Trading

2,243

2,404

4,899

5,534

Loan products

157

176

301

260

Remaining products4

67

(7)

40

225

Corporate Banking & Securities

2,466

2,574

5,240

6,020

Private & Business Clients

1,515

1,531

3,071

3,017

Global Transaction Banking5

604

472

1,170

1,013

Deutsche Asset & Wealth Management

369

217

704

932

Non-Core Operations Unit

49

195

(174)

318

Consolidation & Adjustments

(84)

(103)

(100)

(67)

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

4,920

4,8853

9,911

11,2323