Deutsche Bank AG - Historische Gesellschaft der Deutschen Bank e.V.
Deutsche Bank AG - Historische Gesellschaft der Deutschen Bank e.V.
Deutsche Bank AG - Historische Gesellschaft der Deutschen Bank e.V.
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Notes to the Annual Statement of Accounts<br />
Comparative figures for ttic prevtous year have not andprofit and loss account iterris fort-casons of clarity<br />
been glveri for some subdivisions of balancc sheet<br />
Development of subsidiaries, associated companies and trade investments, fixed and intangible assets<br />
-.<br />
Wr ite-down~,<br />
31 12 1988 Additions Ui\po~,.il\ depre~iation -31 I? 1484<br />
BM rri UM m DM rri UM rn TIM m<br />
Subsidiriries, assoc:iaied companies<br />
and tradc investrneriis. . ........... 6,:360 3 1.933 3 702.9 3 9 8,086.8<br />
Larid and buildings. . ............. 1 ,I 05.6 246 5 40 2 IR1 .F, 1 ,I 30.3<br />
Office lurniture and cquipmcnt . . . . 658.0 206.2 12 751.8 611 2<br />
Irltarigible assets . . . . . . . . . . . . . . . 22.3 11.6 1.8 26 1<br />
The shareholdings of <strong>Deutsche</strong> <strong>Bank</strong> <strong>AG</strong> pursuant<br />
to Section 285 No. 11 of the Commercial Code are<br />
published on pages93 to 100 of the Annual Report as<br />
a separate list which forms Part of the Notes.<br />
The additions of DM 246.5 m. to land and buildings<br />
include DM 139.2 m. in building costs for new con-<br />
struction and conversions for which capitalization is<br />
compulsory, and DM 107.3 m. for land purchases, of<br />
which DM 20.5 m. relates to purchases to save mort-<br />
gage rights.<br />
Own shares<br />
We and companies related to us bought and re-<br />
sold 5,972,684 <strong>Deutsche</strong> <strong>Bank</strong> shares in the nominal<br />
amount of DM 50 each at current market prices in the<br />
Course of 1989 pursuant to Section 71 (1) 1 of the<br />
Joint Stock Corporation Act to protect the efficiency<br />
of the market in our shares. The average purchase<br />
price was DM 607.81, the average selling price was<br />
DM 611.05. The sales proceeds remained in working<br />
funds.<br />
The shares of our bank bought and sold during<br />
1989 correspond to 15.02% of our share capital. The<br />
largest holding on any one day was 0.51 %, the wer-<br />
age daily holding was 0.14% of our share capital.<br />
At the end of 1989, neither we nor üny of our re-<br />
lated companies held shares of the bank.<br />
Asof 31.12.1989,115.586 <strong>Deutsche</strong> <strong>Bank</strong> sh;~res in<br />
the nominal amount of DM 50 each were pledged to<br />
the bank and its related companies as security for<br />
loans; they represent 0.29% of our share capital.<br />
Capital and reserves<br />
On 31.12.1989, subscribed capital (bearer shares)<br />
came to DM 1,988,224,050. It is divided into:<br />
300.000 sl-idres: iri itie rlc~rriit-ial ntnniint nt 13M 1.000<br />
t>00,000 stidrcs in ttic non7in;il timount of LiM 100<br />
32.764.481 sharcs in thr: nominal arriourit of UM 50.<br />
The authorization resolved at the General Meeting<br />
on May 11, 1988 to increase the share capital by April<br />
30, 1993, with the consent of the Supervisory Board,<br />
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