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Deutsche Bank AG - Historische Gesellschaft der Deutschen Bank e.V.

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wrelopment at iunds hrn outside soum<br />

Deutsctie Bbnk Growp<br />

I ilablllnrs to benks<br />

I Llabilmes to custorners<br />

, l üonds erd notes<br />

I I Lang-twrn rnongage benk Iiabrlities<br />

DM bn<br />

m<br />

Y7.4<br />

141 3<br />

27 3<br />

E<br />

1885T~tal Zl6.8 1987 Total 244.0 1989 Total 3i2.5<br />

Contingent liabilities<br />

Contingent liabilities an rediscounted bills of ex-<br />

change and own drawings in circulation came to DM<br />

4.9 bn. Of own drawings in circulation (DM 70.5 m.),<br />

DM 51.4 m. was discounted for borrowers' account.<br />

Contingent liabilities from guarantees, including<br />

guaranteesfor billsand cheques, and from indemnity<br />

agreements increased to DM 27.5 bn. (end of 1988:<br />

DM 25.3 bn.).<br />

Miscellaneous liabiiities<br />

As at year's end, liabilities for possible calls on not<br />

fully paid-upshares in publicand private limited com-<br />

panies, insofar as they were not shown on the lia-<br />

bilities side, came to DM 171 m. Joint liabilities pur-<br />

suant to Section 24 GmbH Act amounted to DM 48<br />

m. Where we have other joint liabilities, the standing<br />

of the CO-sharehol<strong>der</strong>s is beyond doubt in all cases.<br />

In connection with the holding in Liquiditäts-Konsortialbank<br />

GmbH, Frankfurt am Main, there are<br />

Group obligations to pay further capital of up to DM<br />

64 m. and a proportional contingent liability to fulfil<br />

the capital obligations of other sharehol<strong>der</strong>s whoare<br />

also members of the Bundesverband deutscher <strong>Bank</strong>en<br />

e.V., Cologne. The obligations to pay further capital<br />

on other holdings came to DM 2 m. on 31. 12.<br />

1989. Funds taken up for specific projects in the sum<br />

of DM 9,313 m., which are included un<strong>der</strong> liabilities to<br />

customers and banks and were provided, for the<br />

most part, by Kreditanstalt für Wie<strong>der</strong>aufbau, Frankfurt<br />

am Main, were passed on to the borrowers at the<br />

conditions stipulated by the len<strong>der</strong>s. Within the<br />

framework of Berlin or<strong>der</strong> financing, securities in the<br />

sum of DM 9 m. were pledged. At the end of 1989, assets<br />

and security items provided to us in the sum of<br />

DM 1,716 m. were tied up in connection with loans<br />

raised. Legal stipulations required the provision of security<br />

in connection with the business activity of the<br />

foreign branches of <strong>Deutsche</strong> <strong>Bank</strong> <strong>AG</strong>; this tied up<br />

assets in the amount of DM 183 m.<br />

In addition, we refer to the declaration of backing<br />

which appears in the Notes to the Annual Statement<br />

of Accounts of <strong>Deutsche</strong> <strong>Bank</strong> <strong>AG</strong> for certain banks<br />

and associated companies.<br />

Claims on and liabilities to related enterprises refer<br />

to non-consolidated companies.

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