| POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
| UNI - EN REPORT No | 7 | / | 2012 | ||||||||
| Date of issue: | 2012-07-24 | ||||||||||
| Short name of the issuer | |||||||||||
| DEUTSCHE BANK AG | |||||||||||
| Subject | |||||||||||
| Deutsche Bank provides preliminary update on second quarter 2012 results: Costs impacted by currency movements | |||||||||||
| 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 AG (XETRA: DBKGn.DE / NYSE: DB) announced today, on a preliminary basis, key elements of its second quarter 2012 financial performance. Deutsche Bank expects total net revenues of approximately EUR 8.0 billion for the second quarter (2Q2011: EUR 8.5 billion). Credit provisions were approximately EUR 400 million (2Q2011: EUR 464 million). Noninterest expenses were EUR 6.6 billion (2Q2011: EUR 6.3 billion). The increase in noninterest expenses is mainly a result of the bank’s U.S. dollar and pound sterling cost base being negatively affected by the weakening of the euro. As a result, Deutsche Bank currently anticipates an income before income taxes for the second quarter 2012 of approximately EUR 1.0 billion (2Q2011: EUR 1.8 billion), and a net income of approximately EUR 700 million (2Q2011: EUR 1.2 billion). The Bank’s Core Tier 1 capital ratio was 10.2% at the end of the second quarter (1Q2012: 10.0%), well ahead of regulatory requirements and demonstrating achievement of management action to reduce risk weighted assets. Deutsche Bank confirms its simulated, pro forma, Basel III fully phased-in Core Tier 1 capital ratio of 7.2% at the beginning of 2013, as previously published. Lower full year net income projections will be mitigated by additional de-risking measures. Deutsche Bank will publish its full Interim Report on the second quarter and discuss the results as scheduled on 31 July 2012. | |||||||||||
| Annexes | |||||||||||
| File | Description | ||||||||||
| DB_Vorl.Ergebnis_24.07.2012_engl.pdf | DB Press Release | ||||||||||
| 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 | ||
| 2012-07-24 | Thomas Gstaedtner | Authorised Signatory | Thomas Gstaedtner | ||
| 2012-07-24 | Xavier Dauger de Caulaincourt | Authorised Signatory | Xavier Dauger de Caulaincourt | ||
