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Net trading income withstands weak industry trend<br />
Net trading income<br />
in € m<br />
58<br />
647<br />
-540 -574<br />
*<br />
-17<br />
Σ -409<br />
Eric Strutz CFO <br />
Frankfurt <br />
November 8th, 2010<br />
836<br />
316<br />
422<br />
Q1 Q2 Q3 Q4 Q1** Q2** Q3<br />
2009** 2010<br />
* first 12 days result of Dresdner Bank ** Restatement in prior year and previous quarters 2010 due to change in reporting structure<br />
Strong client flow and favourable market<br />
environment for structured products<br />
C&M: Swing back of FIC after impact of<br />
sovereign crisis in Q2<br />
PRU: write-backs due to positive market<br />
environment<br />
Negative IAS 39 effects in Treasury<br />
7