| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 11 | / | 2015 | ||||||||
| Date of issue: | 2015-10-08 | ||||||||||
| Short name of the issuer | |||||||||||
| DEUTSCHE BANK AG | |||||||||||
| Subject | |||||||||||
| Deutsche Bank announces anticipated charges impacting third quarter 2015 results | |||||||||||
| Official market - legal basis | |||||||||||
| Unofficial market - legal basis | |||||||||||
| Rozporządzenie Ministra Finansów z dnia 19 lutego 2009r. w sprawie informacji bieżących i okresowych przekazywanych przez emitentów | |||||||||||
| papierów wartościowych oraz warunków uznawania za równoważne informacji wymaganych przepisami prawa państwa niebędącego | |||||||||||
| państwem członkowskim (Dz.U.2009.33.259) w związku z art. 56 Ustawy z dnia 29 lipca 2005r. o ofercie publicznej i warunkach | |||||||||||
| wprowadzania instrumentów finansowych do zorganizowanego systemu obrotu oraz o spółkach publicznych (DZ.U. 05.184.1539) z pó¼n. zm. | |||||||||||
| Contents of the report: | |||||||||||
| Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) expects to incur charges that will materially impact third quarter 2015 results. The impairment of goodwill and intangibles and of some investment will have no significant impact on Deutsche Bank's regulatory capital ratios. Deutsche Bank currently expects to report a fully-loaded CRR/CRD4 Common Equity Tier 1 ratio for the third quarter of approximately 11%, which includes the impact of European Banking Authority Regulatory Technical Standards (“Prudential Valuation") that were adopted in the quarter. Based on these charges, Deutsche Bank expects to report a third quarter income before income taxes (IBIT) loss of approximately EUR 6.0 billion and a net loss of EUR 6.2 billion. Year-to-date results through the third quarter are expected to be an IBIT loss of approximately EUR 3.3 billion and a net loss of EUR 4.8 billion. Excluding the impact of the impairment of goodwill and intangibles, the third quarter IBIT loss would be approximately EUR 0.2 billion and the net loss would be approximately EUR 0.4 billion, largely reflecting the litigation provisions and Hua Xia impairment. On the same basis, Deutsche Bank expects to remain profitable year-to-date through the third quarter with IBIT of approximately EUR 2.5 billion and net income of approximately EUR 0.9 billion. As part of the planning for the implementation of Strategy 2020, the Management Board will recommend a reduction or possible elimination of the Deutsche Bank common share dividend for the fiscal year of 2015. All the aforementioned amounts are estimates. The final amounts will be determined in the coming weeks and will be disclosed in our announcement of third quarter results, together with details of the implementation of Strategy 2020, which is now scheduled to occur on October 29. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| Q3-2015.pdf | Financial Summary | ||||||||||
| DEUTSCHE BANK AG, London | |||||||||||||
| (fullname of the issuer) | |||||||||||||
| DEUTSCHE BANK AG | Banki (ban) | ||||||||||||
| (short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
| Londyn | |||||||||||||
| (post code) | (city) | ||||||||||||
| Winchester House, 1 Great Winchester Street | |||||||||||||
| (street) | (number) | ||||||||||||
| +44 (0) 207545 8000 | |||||||||||||
| (phone number) | (fax) | ||||||||||||
| (e-mail) | (web site) | ||||||||||||
| (NIP) | (REGON) | ||||||||||||
| SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
| Date | Name | Position / Function | Signature | ||
| 2015-06-08 | Aaron Myles | Authorised Signatory | |||
| 2015-06-08 | Stephen Chew | Authorised Signatory | |||
