Allowance for Credit Losses

 (unaudited)

 

Nine months ended Sep 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

300

441

742

10

13

23

765

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

(39)

(16)

(56)

0

0

0

(56)

Net charge-offs:

(760)

(427)

(1,187)

0

0

0

(1,187)

Charge-offs

(789)

(508)

(1,296)

0

0

0

(1,296)

Recoveries

29

80

109

0

0

0

109

Changes in the group of consolidated companies

0

0

0

0

0

0

0

Exchange rate changes/other

9

0

8

(1)

7

7

15

Balance, end of period

2,406

2,745

5,152

112

134

246

5,398

 

 

 

 

 

 

 

 

Changes compared to prior year

 

 

 

 

 

 

 

Provision for credit losses

 

 

 

 

 

 

 

In € m.

(556)

(10)

(566)

0

(8)

(9)

(575)

In %

(65)

(2)

(43)

(2)

(40)

(27)

(43)

Net charge-offs

 

 

 

 

 

 

 

In € m.

(300)

(244)

(543)

0

0

0

(543)

In %

65

133

84

0

0

0

84

 

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

 

 

 

 

 

 

 

In € m.

16

(5)

12

24

16

40

52

In %

2

(1)

1

(177)

302

(476)

4

Net charge-offs

 

 

 

 

 

 

 

In € m.

145

30

175

0

0

0

175

In %

(24)

(14)

(21)

0

0

0

(21)