Deutsche Bank Ag · XETR:DBK
Deutsche Bank — Q4 2008 Earnings Presentation
7 slides from Deutsche Bank's earnings presentation, Feb 5, 2009
Slide 1: Balance sheet: Analysis of key areas
Balance sheet: Analysis of key areas Dr. Hugo Banziger Chief Risk Officer 5 February 2009
Slide 2: Total assets: Analysis of major categories
Total assets: Analysis of major categories In EUR bn, as of 31 Dec 2008 2,202 g impact Netting p Positive market values from 1,224 1,030 derivatives (1,097) 128 Derivatives post-netting 1 Trading securities 205 205 Other trading assets 42 Non-derivative 247 2 Reverse repos / securities trading asset
Slide 3: Derivatives Risk – >50% of uncollateralised risk mitigated
1 U.S. GAAP ‘pro-forma’ pro forma Derivatives Risk – >50% of uncollateralised risk mitigated – remainder primarily with investment grade counterparts In EUR bn, as of 31 Dec 2008 Derivatives Portfolio – Credit Risk Overview Credit Risk Mitigants – EUR 67 bn includes: Non-cash collateral not netted
Slide 4: Non-derivative trading assets – risk reduction across all asset classes
2 Non-derivative Non derivative trading assets – risk reduction across all asset classes In EUR bn Non-derivative Non derivative trading assets as at 31 Dec 2008 >50% reduction in non non-derivative derivative trading assets 247 Assets 31 Mar 08 31 Dec 08 % change Government Paper 154 60 (61)% & Age
Slide 5: Reverse Repo / Sec Borrowing – highly collateralised / quality counterparts / conservative haircuts
3 Reverse Repo / Sec Borrowing – highly collateralised / quality counterparts / conservative haircuts Collateral Quality Distribution(1) Risk Mitigants In EUR bn, as of 31 Dec 2008 80% of uncollateralised trades with >AA counterparts 161 Conservative haircuts, tailored to counterparty risk profi
Slide 6: Composition of Loan Book demonstrates focus on diversification & risk mitigation
4 Composition of Loan Book demonstrates focus on diversification & risk mitigation In EUR bn, as of 31 Dec 2008 Low loan to 269 value Substantially hedged Highly diversified Fully Short term / Substantially collateralised collateralised (61) on demand Liquid by Gov’t collateral Substantial ~50% secu
Slide 7: Cautionary statements
Cautionary statements Unless otherwise indicated, the financial information provided herein has been prepared under International Financial Reporting Standards (IFRS). (IFRS) It is preliminary and unaudited and may be subject to adjustments based on the preparation of the full set of financial state