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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Consolidated Profit and Loss Account Operating result<br />
lncome on business volume<br />
lncome on business volume (interest surplus), in-<br />
cluding the surplus on leasing business (balance of<br />
income from leasing business, normal depreciation<br />
of leasing equipment and other expenses from leas-<br />
ing business) rose 13.5% to DM 7.6 bn.<br />
The incremental income stemmed from the strong<br />
growth of average business volume, with an interest<br />
margin stabilized in the Course of the year.<br />
lncome on services business<br />
The surplus on commissions and other service<br />
charges received was increased by 14.8% to DM 2.8<br />
bn. All services sectors participated in this growth.<br />
Staff and other operating expenses<br />
Staff and other operating expenses increased<br />
8.4% to DM 6,536 m. More than half of the increase<br />
resulted from the first-time consolidation of subsi-<br />
diaries; ignoring the newly-consolidated companies,<br />
staff and other operating expenses in the Group in-<br />
creased by 4.1 %.<br />
Staff expenses came to DM 4,428 m. (+ 8.3%).<br />
general operating expenses came to DM 1,719 m. (+<br />
10.7%). Staff and other operating expenses include<br />
normal depreciation on land and buildings and on of-<br />
fice furniture and equipment of DM 389 m. (+ 0.3O/0).<br />
Partial operating result<br />
The partial operating result excluding own ac-<br />
count trading improved 24.8% to DM 3,871 m.<br />
The Group operating result - surplus on current<br />
business including own-account trading - rose<br />
22.6%.<br />
Other income, including income from the writing<br />
back of provisions for possible loan losses<br />
Other income, after offsetting of securities profits<br />
and income from written-back adjustments with<br />
write-downs of and adjustments to claims and securities<br />
pursuant to Section 4 of the Or<strong>der</strong> concerning<br />
<strong>Bank</strong>slStatementsof Accounts, is reported at DM<br />
500 m. (previous year: DM 91 2 m.).<br />
Write-downs, depreciation and adjustments<br />
Expenses for write-downs of and adjustments to<br />
claims and securities and transfers to provisions for<br />
Breakdown of aggregate operating result for 1989<br />
Deuls~l~e Bdrik tiioup<br />
Mongage hanks<br />
lnveptmnnt banking<br />
capital rnarket and<br />
capital Investment companies
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