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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

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