Deutsche Bank

Annual Report 2017

Consolidated Statement of Changes in Equity

in € m.

Common shares (no par value)

Additional paid-in capital

Retained earnings

Common shares in treasury, at cost

Equity classi­fied as obli­gation to purchase common shares

Unrea­lized net gains (losses) on financial assets avail­able for sale, net of applicable tax and other2

Unrea­lized net gains (losses) on deriva­tives hedging varia­bility of cash flows, net of tax2

Unrea­lized net gains (losses) on assets classi­fied as held for sale, net of tax2

Foreign currency trans­lation, net of tax2

Unrea­lized net gains (losses) from equity method invest­ments

Accumu­lated other compre­hensive income, net of tax1

Total share­holders’ equity

Additional equity compo­nents3

Non­control­ling interests

Total equity

1

Excluding remeasurement gains (losses) related to defined benefit plans, net of tax.

2

Excluding unrealized net gains (losses) from equity method investments.

3

Includes Additional Tier 1 Notes, which constitute unsecured and subordinated notes of Deutsche Bank and are classified as equity in accordance with IFRS.

4

Includes net proceeds from purchase and sale of Additional Equity Components.

Balance as of December 31, 2014

3,531

33,626

29,279

(8)

0

1,675

79

0

151

18

1,923

68,351

4,619

253

73,223

Total comprehensive income, net of tax1

0

0

(6,794)

0

0

(291)

18

662

2,044

48

2,481

(4,313)

0

45

(4,269)

Common shares issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Cash dividends paid

0

0

(1,034)

0

0

0

0

0

0

0

0

(1,034)

0

(10)

(1,044)

Coupon on additional equity components, net of tax

0

0

(228)

0

0

0

0

0

0

0

0

(228)

0

0

(228)

Remeasurement gains (losses) related to defined benefit plans, net of tax

0

0

(10)

0

0

0

0

0

0

0

0

(10)

0

0

(10)

Net change in share awards in the reporting period

0

(80)

0

0

0

0

0

0

0

0

0

(80)

0

0

(80)

Treasury shares distributed under share-based compensation plans

0

0

0

880

0

0

0

0

0

0

0

880

0

0

880

Tax benefits related to share-based compensation plans

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additions to Equity classified as obligation to purchase common shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Deductions from Equity classified as obligation to purchase common shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Option premiums and other effects from options on common shares

0

(34)

0

0

0

0

0

0

0

0

0

(34)

0

0

(34)

Purchases of treasury shares

0

0

0

(9,177)

0

0

0

0

0

0

0

(9,177)

0

0

(9,177)

Sale of treasury shares

0

0

0

8,295

0

0

0

0

0

0

0

8,295

0

0

8,295

Net gains (losses) on treasury shares sold

0

(3)

0

0

0

0

0

0

0

0

0

(3)

0

0

(3)

Other

0

63

(31)

0

0

0

0

0

0

0

0

33

564

(17)

72

Balance as of December 31, 2015

3,531

33,572

21,182

(10)

0

1,384

97

662

2,196

66

4,404

62,678

4,675

270

67,624

Total comprehensive income, net of tax1

0

0

(1,402)

0

0

(472)

46

(662)

223

11

(854)

(2,256)

0

52

(2,204)

Common shares issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Cash dividends paid

0

0

0

0

0

0

0

0

0

0

0

0

0

(11)

(11)

Coupon on additional equity components, net of tax

0

0

(276)

0

0

0

0

0

0

0

0

(276)

0

0

(276)

Remeasurement gains (losses) related to defined benefit plans, net of tax

0

0

(517)

0

0

0

0

0

0

0

0

(517)

0

0

(517)

Net change in share awards in the reporting period

0

64

0

0

0

0

0

0

0

0

0

64

0

0

64

Treasury shares distributed under share-based compensation plans

0

0

0

239

0

0

0

0

0

0

0

239

0

0

239

Tax benefits related to share-based compensation plans

0

2

0

0

0

0

0

0

0

0

0

2

0

0

2

Additions to Equity classified as obligation to purchase common shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Deductions from Equity classified as obligation to purchase common shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Option premiums and other effects from options on common shares

0

(129)

0

0

0

0

0

0

0

0

0

(129)

0

0

(129)

Purchases of treasury shares

0

0

0

(5,264)

0

0

0

0

0

0

0

(5,264)

0

0

(5,264)

Sale of treasury shares

0

0

0

5,035

0

0

0

0

0

0

0

5,035

0

0

5,035

Net gains (losses) on treasury shares sold

0

(7)

0

0

0

0

0

0

0

0

0

(7)

0

0

(7)

Other

0

263

0

0

0

0

0

0

0

0

0

263

(6)4

4

262

Balance as of December 31, 2016

3,531

33,765

18,987

0

0

912

143

0

2,418

77

3,550

59,833

4,669

316

64,819

Total comprehensive income, net of tax1

0

0

(751)

0

0

(223)

(125)

0

(2,646)

(36)

(3,030)

(3,781)

0

(20)

(3,800)

Common shares issued

1,760

6,277

0

0

0

0

0

0

0

0

0

8,037

0

0

8,037

Cash dividends paid

0

0

(392)

0

0

0

0

0

0

0

0

(392)

0

(11)

(403)

Coupon on additional equity components, net of tax

0

0

(298)

0

0

0

0

0

0

0

0

(298)

0

0

(298)

Remeasurement gains (losses) related to defined benefit plans, net of tax

0

0

(91)

0

0

0

0

0

0

0

0

(91)

0

0

(91)

Net change in share awards in the reporting period

0

(51)

0

0

0

0

0

0

0

0

0

(51)

0

0

(51)

Treasury shares distributed under share-based compensation plans

0

0

0

424

0

0

0

0

0

0

0

424

0

0

424

Tax benefits related to share-based compensation plans

0

3

0

0

0

0

0

0

0

0

0

3

0

0

3

Additions to Equity classified as obligation to purchase common shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Deductions from Equity classified as obligation to purchase common shares

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Option premiums and other effects from options on common shares

0

(104)

0

0

0

0

0

0

0

0

0

(104)

0

0

(104)

Purchases of treasury shares

0

0

0

(7,912)

0

0

0

0

0

0

0

(7,912)

0

0

(7,912)

Sale of treasury shares

0

0

0

7,479

0

0

0

0

0

0

0

7,479

0

0

7,479

Net gains (losses) on treasury shares sold

0

6

0

0

0

0

0

0

0

0

0

6

0

0

6

Other

0

22

0

0

0

0

0

0

0

0

0

22

64

(36)

(9)

Balance as of December 31, 2017

5,291

39,918

17,454

(9)

0

689

18

0

(227)

40

520

63,174

4,675

250

68,099

The accompanying notes are an integral part of the Consolidated Financial Statements.