EX-99.1

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Deutsche Bank's financial data in this document have been

prepared under IFRS. Comparative financial information for the year

2012 presented throughout this document has been restated in the

context of the adoption of IFRS 10. For more details please see the

section “Impact of Changes in Accounting Principles“

of the Interim

Reports 1Q-3Q 2013.

4Q 2013 / FY 2013 are preliminary and unaudited.

Due to rounding, numbers presented throughout this document may

not add up precisely to the totals we provide and percentages may

not precisely reflect the absolute figures.

All segment figures reflect segment composition as of

31 December 2013.

4Q2013 Financial Data Supplement

Deutsche Bank consolidated

Page

Financial summary

Group | Core Bank | Non-Core Operations Unit

Consolidated Statement of Income

Net revenues

Net interest income and net gains (losses) on financial

assets/liabilities at fair value through profit or loss

Segment detail

Corporate Banking & Securities

Global Transaction Banking

Deutsche Asset & Wealth Management

Private & Business Clients

Consolidation & Adjustments

Non-Core Operations Unit

Risk and capital

Credit risk

Regulatory capital and market risk

Non-GAAP financial measures

Non-GAAP financial measures (1/2)

Non-GAAP financial measures (2/2)

Definition of certain financial measures

Footnotes

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Financial summary

For footnotes please refer to page 19.

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Share price at period end

€

29.44

€

37.31

€

28.50

€

30.75

€

32.95

€

32.95

€

30.42

€

32.16

€

33.94

€

34.68

€

34.68

5 %

2 %

5 %

Share price high¹

€

48.70

€

39.51

€

38.02

€

34.13

€

36.24

€

39.51

€

38.73

€

37.87

€

36.58

€

37.20

€

38.73

3 %

2 %

(2)%

Share price low

€

20.79

€

26.17

€

26.61

€

22.11

€

30.64

€

22.11

€

29.93

€

29.41

€

30.44

€

32.94

€

29.41

8 %

33 %

Basic earnings per share

€

4.45

€

1.49

€

0.70

€

0.80

€

(2.69)

€

0.28

€

1.76

€

0.33

€

0.04

€

(1.06)

€

0.94

(61)%

N/M

Diluted earnings per share²

€

4.30

€

1.45

€

0.69

€

0.78

€

(2.69)

€

0.27

€

1.71

€

0.32

€

0.04

€

(1.06)

€

0.91

(61)%

N/M

Basic shares outstanding (average), in m.

928

929

933

934

940

934

938

998

1,027

998

9 %

0 %

7 %

Diluted shares outstanding (average), in m.

957

960

955

957

940

960

966

1,027

1,053

1,027

1,026

9 %

(2)%

7 %

Pre-tax return on average shareholders' equity

10.2 %

13.7 %

6.8 %

7.9 %

(22.9)%

1.3 %

17.6 %

5.6 %

0.1 %

(8.1)%

3.7 %

14.7 ppt

(8.2)ppt

2.3 ppt

Pre-tax return on average active equity

10.3 %

13.9 %

6.9 %

7.9 %

(23.1)%

1.4 %

17.9 %

5.6 %

0.1 %

(8.2)%

3.7 %

14.9 ppt

(8.3)ppt

2.3 ppt

Post-tax return on average shareholders' equity

8.2 %

10.2 %

4.7 %

5.3 %

(18.2)%

0.5 %

12.1 %

2.3 %

0.3 %

(6.8)%

1.9 %

11.4 ppt

(7.1)ppt

1.4 ppt

Post-tax return on average active equity

8.2 %

10.4 %

4.8 %

5.3 %

(18.4)%

0.5 %

12.3 %

2.4 %

0.3 %

(6.9)%

1.9 %

11.5 ppt

(7.2)ppt

1.4 ppt

Book value per basic share outstanding³

€

58.11

€

58.73

€

59.81

€

60.63

€

57.37

€

57.37

€

59.36

€

55.68

€

54.87

€

53.60

€

53.60

(7)%

(2)%

(7)%

Tangible book value per basic share outstanding³

€

40.91

€

41.94

€

42.36

€

43.25

€

42.26

€

42.26

€

44.11

€

41.90

€

41.17

€

40.04

€

40.04

(5)%

(3)%

(5)%

Cost/income ratio

78.2 %

76.1 %

82.7 %

80.6 %

134.7 %

92.5 %

70.5 %

84.6 %

93.2 %

107.1 %

87.2 %

(27.7)ppt

13.9 ppt

(5.3)ppt

Compensation ratio

39.5 %

39.7 %

42.2 %

38.1 %

40.2 %

40.0 %

37.8 %

39.0 %

37.5 %

40.5 %

38.6 %

0.3 ppt

3.0 ppt

(1.4)ppt

Noncompensation ratio

38.7 %

36.4 %

40.6 %

42.5 %

94.5 %

52.5 %

32.7 %

45.6 %

55.6 %

66.6 %

48.6 %

(27.9)ppt

10.9 ppt

(3.9)ppt

Total net revenues, in EUR m.

33,228

9,194

8,020

8,649

7,873

33,736

9,391

8,215

7,745

6,580

31,931

(16)%

(15)%

(5)%

Provision for credit losses, in EUR m.

1,839

314

418

555

434

1,721

354

473

512

689

2,029

59 %

35 %

18 %

Total noninterest expenses, in EUR m.

25,999

6,993

6,635

6,967

10,606

31,201

6,623

6,950

7,215

7,044

27,832

(34)%

(2)%

(11)%

Income (loss) before income taxes, in EUR m.

5,390

1,887

967

1,127

(3,167)

814

2,414

792

(1,153)

2,071

(64)%

N/M

154 %

Net income (loss), in EUR m.

4,326

1,407

666

754

(2,513)

316

1,661

335

(965)

1,082

(62)%

N/M

Total assets, in EUR bn.

2,164

2,111

2,249

2,194

2,022

2,033

1,910

1,788

1,649

(18)%

(8)%

(18)%

Shareholders' equity, in EUR bn.

53.4

55.0

55.8

56.8

54.0

55.8

57.5

56.5

55.1

2 %

(2)%

2 %

Risk-weighted assets, in EUR bn.

381

368

373

366

334

325

314

310

302

(10)%

(3)%

(10)%

Common Equity Tier 1 capital ratio

9.5 %

10.0 %

10.2 %

10.7 %

11.4 %

12.1 %

13.3 %

13.0 %

12.9 %

1.5 ppt

(0.1)ppt

1.5 ppt

Tier 1 capital ratio

12.9 %

13.4 %

13.6 %

14.2 %

15.1 %

16.0 %

17.3 %

17.0 %

16.9 %

1.8 ppt

0.0 ppt

1.8 ppt

Branches

3,078

3,075

3,064

2,973

2,984

2,963

2,939

2,897

2,907

(3)%

0 %

(3)%

thereof: in Germany

2,039

2,036

1,946

1,944

1,934

1,926

1,924

(1)%

0 %

(1)%

Employees (full-time equivalent)

100,996

100,682

100,654

100,474

98,219

97,794

97,158

98,662

98,275

0 %

thereof: in Germany

47,323

47,241

47,240

47,262

46,308

46,577

46,646

47,194

46,377

0 %

(2)%

0 %

3,4

5,6

3,5,6

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Group I Core Bank I Non-Core Operations Unit

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Group

Net revenues

33,228

9,194

8,020

8,649

7,873

33,736

9,391

8,215

7,745

6,580

31,931

(16)%

(15)%

(5)%

Provision for credit losses

1,839

314

418

555

434

1,721

354

473

512

689

2,029

59 %

35 %

18 %

Total noninterest expenses

25,999

6,993

6,635

6,967

10,606

31,201

6,623

6,950

7,215

7,044

27,832

(34)%

(2)%

(11)%

Noncontrolling interests

N/M

Income (loss) before income taxes

5,390

1,887

967

1,127

(3,167)

814

2,414

792

(1,153)

2,071

(64)%

N/M

154 %

Additional information

Employees (full-time equivalent, at period end)

100,996

100,682

100,654

100,474

98,219

97,794

97,158

98,662

98,275

0 %

Cost/income ratio

78 %

76 %

83 %

81 %

135 %

92 %

71 %

85 %

93 %

107 %

87 %

(28)ppt

14 ppt

(5)ppt

Assets (at period end, in EUR bn.)

2,164

2,111

2,249

2,194

2,022

2,033

1,910

1,788

1,649

(18)%

(8)%

(18)%

Risk-weighted assets (at period end, in EUR bn.)

381

368

373

366

334

325

314

310

302

(10)%

(3)%

(10)%

Average active equity

50,449

53,516

54,899

56,484

55,061

54,927

53,836

56,365

56,593

55,813

55,557

1 %

(1)%

1 %

Pre-tax return on average active equity

10.3 %

13.9 %

6.9 %

7.9 %

(23.1)%

1.4 %

17.9 %

5.6 %

0.1 %

(8.2)%

3.7 %

14.9 ppt

(8.3)ppt

2.3 ppt

Post-tax return on average active equity

8.2 %

10.4 %

4.8 %

5.3 %

(18.4)%

0.5 %

12.3 %

2.4 %

0.3 %

(6.9)%

1.9 %

11.5 ppt

(7.2)ppt

1.4 ppt

Core Bank

Net revenues

32,351

8,951

7,606

8,252

7,874

32,682

8,964

8,022

7,379

6,681

31,046

(15)%

(9)%

(5)%

Provision for credit losses

1,449

223

281

255

328

1,087

267

299

274

401

1,242

22 %

47 %

14 %

Total noninterest expenses

23,438

6,306

6,146

6,360

9,078

27,889

6,085

6,232

5,904

6,304

24,525

(31)%

7 %

(12)%

Noncontrolling interests

(14)

(15)

(5)

(13)

(31)

(1)

N/M

Income (loss) before income taxes

7,479

2,437

1,185

1,634

(1,519)

3,737

2,611

1,491

1,201

(26)

5,277

(98)%

N/M

41 %

Additional information

Employees (full-time equivalent, at period end)

99,200

99,054

99,105

98,966

96,761

96,354

95,739

97,234

96,826

0 %

Cost/income ratio

72 %

70 %

81 %

77 %

115 %

85 %

68 %

78 %

80 %

94 %

79 %

(21)ppt

14 ppt

(6)ppt

Assets (at period end, in EUR bn.)

2,029

1,978

2,126

2,077

1,925

1,947

1,837

1,722

1,596

(17)%

(7)%

(17)%

Risk-weighted assets (at period end, in EUR bn.)

277

270

275

272

253

251

248

258

251

(1)%

(3)%

(1)%

Average active equity

39,002

41,039

42,596

44,240

43,467

43,007

42,613

45,546

46,926

47,863

45,562

10 %

2 %

6 %

Pre-tax return on average active equity

18.6 %

23.5 %

11.0 %

14.7 %

(14.1)%

8.5 %

24.4 %

13.1 %

10.2 %

(0.1)%

11.6 %

14.1 ppt

(10.2)ppt

3.0 ppt

Post-tax return on average active equity

14.3 %

17.2 %

7.5 %

9.7 %

(13.6)%

5.0 %

16.7 %

7.0 %

7.5 %

(3.0)%

6.8 %

10.6 ppt

(10.5)ppt

1.8 ppt

Non-Core Operations Unit

Net revenues

877

243

414

397

1,054

427

193

367

(101)

886

N/M

(16)%

Provision for credit losses

391

138

300

105

634

174

238

288

788

174 %

21 %

24 %

Total noninterest expenses

2,561

686

489

607

1,529

3,312

537

718

1,311

741

3,307

(52)%

(43)%

0 %

Noncontrolling interests

(3)

(1)

(2)

(3)

N/M

Income (loss) before income taxes

(2,089)

(550)

(218)

(507)

(1,648)

(2,923)

(196)

(699)

(1,183)

(1,127)

(3,206)

(32)%

(5)%

10 %

Additional information

Employees (full-time equivalent, at period end)

1,796

1,627

1,549

1,508

1,457

1,440

1,419

1,428

1,449

(1)%

1 %

(1)%

Cost/income ratio

N/M

118 %

153 %

N/M

126 %

N/M

Assets (at period end, in EUR bn.)

135

133

123

117

(46)%

(20)%

(46)%

Risk-weighted assets (at period end, in EUR bn.)

104

(37)%

(3)%

(37)%

Average active equity

11,447

12,477

12,303

12,244

11,593

11,920

11,224

10,818

9,667

7,950

9,995

(31)%

(18)%

(16)%

Pre-tax return on average active equity

(18.2)%

(17.6)%

(7.1)%

(16.6)%

(56.9)%

(24.5)%

(7.0)%

(25.8)%

(49.0)%

(56.8)%

(32.1)%

0.1 ppt

(7.8)ppt

(7.6)ppt

Post-tax return on average active equity

(12.7)%

(12.0)%

(4.6)%

(10.6)%

(36.2)%

(15.8)%

(4.7)%

(17.0)%

(34.9)%

(30.2)%

(20.2)%

6.1 ppt

4.7 ppt

(4.4)ppt

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Consolidated Statement of Income

(In EUR m.)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Net interest income

17,445

4,238

3,912

3,730

4,095

15,975

3,650

3,651

3,637

3,895

14,834

(5)%

7 %

(7)%

Provision for credit losses

1,839

314

418

555

434

1,721

354

473

512

689

2,029

59 %

35 %

18 %

Net interest income after provision for credit losses

15,606

3,924

3,494

3,175

3,661

14,254

3,296

3,178

3,125

3,205

12,805

(12)%

3 %

(10)%

Commissions and fee income

11,544

2,815

2,770

2,991

2,807

11,383

2,849

3,001

3,028

3,000

11,878

7 %

(1)%

4 %

Net gains (losses) on financial assets/liabilities at fair

value through profit or loss

3,058

2,635

1,009

1,930

460

6,034

2,843

1,338

413

(347)

4,247

N/M

(30)%

Net gains (losses) on financial assets available for sale

123

(46)

100

183

301

110

103

157

394

(14)%

52 %

31 %

Net income (loss) from equity method investments

(264)

(149)

164

163

105

132

114

387

25 %

(14)%

138 %

Other income (loss)

1,322

(299)

172

(231)

237

(120)

(97)

432

(239)

191

N/M

Total noninterest income

15,783

4,956

4,108

4,919

3,778

17,761

5,741

4,563

4,108

2,686

17,098

(29)%

(35)%

(4)%

Compensation and benefits

13,135

3,647

3,382

3,292

3,168

13,490

3,548

3,203

2,905

2,664

12,321

(16)%

(8)%

(9)%

General and administrative expenses

12,657

3,186

3,256

3,237

5,337

15,017

2,818

3,561

4,109

4,084

14,572

(23)%

(1)%

(3)%

Policyholder benefits and claims

207

150

(3)

162

107

414

192

(7)

171

104

460

(2)%

(39)%

11 %

Impairment of intangible assets

1,876

1,886

(96)%

N/M

(96)%

Restructuring activities

276

118

394

192

112

399

(5)%

N/M

1 %

Total noninterest expenses

25,999

6,993

6,635

6,967

10,606

31,201

6,623

6,950

7,215

7,044

27,832

(34)%

(2)%

(11)%

Income (loss) before income taxes

5,390

1,887

967

1,127

(3,167)

814

2,414

792

(1,153)

2,071

(64)%

N/M

154 %

Income tax expense (benefit)

1,064

480

301

373

(654)

498

753

457

(33)

(189)

989

(71)%

N/M

99 %

Net income (loss)

4,326

1,407

666

754

(2,513)

316

1,661

335

(965)

1,082

(62)%

N/M

Net income attributable to noncontrolling interests

194

(6)

N/M

(73)%

Net income attributable to Deutsche Bank shareholders

4,132

1,388

656

747

(2,529)

263

1,651

334

(958)

1,068

(62)%

N/M

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Net revenues -

Segment view

For footnotes please refer to page 19.

(In EUR m.)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Corporate Banking & Securities:

Origination (equity)

559

138

140

150

518

152

204

135

241

732

61 %

79 %

41 %

Origination (debt)

1,055

379

284

377

378

1,417

453

417

367

320

1,557

(15)%

(13)%

10 %

Origination

1,614

517

372

517

528

1,935

605

621

502

561

2,289

6 %

12 %

18 %

Sales & Trading (equity)

2,235

683

507

597

500

2,288

766

787

643

541

2,737

8 %

(16)%

20 %

Sales & Trading (debt and other products)

8,539

3,169

2,136

2,463

1,422

9,190

2,732

1,909

1,285

978

6,904

(31)%

(24)%

(25)%

Sales & Trading

10,774

3,853

2,643

3,060

1,922

11,478

3,498

2,695

1,928

1,519

9,641

(21)%

(16)%

Advisory

621

121

136

159

173

590

116

155

140

480

(19)%

(9)%

(19)%

Loan products

930

277

196

220

205

899

250

296

331

358

1,234

74 %

8 %

37 %

Other products

(39)

(11)

549

547

138

(63)

(117)

(22)

N/M

Total Corporate Banking & Securities

13,899

4,769

3,355

3,946

3,377

15,448

4,561

3,665

2,935

2,461

13,623

(27)%

(16)%

(12)%

Global Transaction Banking:

Transaction services

3,816

1,009

1,019

1,045

1,126

4,200

1,034

1,036

1,023

976

4,069

(13)%

(5)%

(3)%

Other products

N/M

Total Global Transaction Banking

3,816

1,009

1,019

1,045

1,126

4,200

1,034

1,036

1,023

976

4,069

(13)%

(5)%

(3)%

Deutsche Asset & Wealth Management:

Management fees and other recurring revenues

2,315

561

552

599

589

2,301

599

637

617

2,453

5 %

(3)%

7 %

Performance and trans. fees and other non recurring

revenues

927

217

226

246

194

884

204

206

237

270

917

39 %

14 %

4 %

Net interest income

_AWM

348

164

104

144

496

138

125

135

146

545

2 %

8 %

10 %

Other product revenues

510

133

119

369

123

327

(32)%

(40)%

(11)%

Mark-to-market movements on policyholder positions

in Abbey Life

178

161

(16)

167

107

420

209

(13)

186

112

494

4 %

(40)%

18 %

Total Deutsche Asset & Wealth Management

4,278

1,156

982

1,235

1,096

4,470

1,244

1,040

1,265

1,187

4,735

8 %

(6)%

6 %

Private & Business Clients:

Credit Products

3,022

761

764

785

792

3,102

799

784

785

815

3,183

3 %

4 %

3 %

Deposits

3,166

811

803

773

744

3,131

755

747

732

742

2,977

0 %

1 %

(5)%

Payments, Cards & Accounts

991

247

250

259

267

1,023

255

252

259

256

1,022

(4)%

(1)%

0 %

Investment & Insurance Products

1,257

331

251

263

302

1,146

317

304

263

328

1,212

9 %

24 %

6 %

Other Revenues

1,961

248

236

354

299

1,136

259

361

283

252

1,156

(16)%

(11)%

2 %

Total Private & Business Clients

10,397

2,397

2,305

2,435

2,403

9,540

2,385

2,448

2,324

2,393

9,550

0 %

3 %

0 %

Consolidation & Adjustments

(39)

(381)

(55)

(410)

(129)

(975)

(259)

(168)

(336)

(931)

161 %

100 %

(4)%

Non-Core Operations Unit

877

243

414

397

1,054

427

193

367

(101)

886

N/M

(16)%

Net revenues

33,228

9,194

8,020

8,649

7,873

33,736

9,391

8,215

7,745

6,580

31,931

(16)%

(15)%

(5)%

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Breakdown by Group Division/CB&S product

For footnotes please refer to page 19.

(In EUR m.)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Net interest income

17,445

4,238

3,912

3,730

4,095

15,975

3,650

3,651

3,637

3,895

14,834

(5)%

7 %

(7)%

Net gains (losses) on financial assets/liabilities at fair

value through profit or loss

3,058

2,635

1,009

1,930

460

6,034

2,843

1,338

413

(347)

4,247

N/M

(30)%

Total

20,503

6,873

4,920

5,660

4,555

22,009

6,493

4,990

4,050

3,548

19,081

(22)%

(12)%

(13)%

Sales & Trading (equity)

_interest_income

1,504

513

350

444

426

1,732

628

579

484

437

2,129

3 %

(10)%

23 %

Sales & Trading (debt and other products)

_interest_income8,121

2,769

2,072

2,197

1,189

8,226

2,771

2,100

1,224

923

7,018

(22)%

(25)%

(15)%

Sales & Trading

_interest_income

9,625

3,282

2,421

2,641

1,614

9,958

3,400

2,678

1,708

1,360

9,146

(16)%

(20)%

(8)%

Loan products

_interest_income

185

122

(32)

182

176

149

190

599

N/M

27 %

N/M

Remaining products

534

161

750

1,015

135

(70)

(508)

157

(285)

(79)%

N/M

Corporate Banking & Securities

_interest_income

10,345

3,492

2,519

2,811

2,333

11,155

3,619

2,785

1,350

1,707

9,460

(27)%

26 %

(15)%

Global Transaction Banking

1,996

533

496

526

462

2,016

541

472

567

405

1,984

(12)%

(29)%

(2)%

Deutsche Asset & Wealth Management

991

757

269

455

493

1,974

714

217

552

1,568

(83)%

(85)%

(21)%

Private & Business Clients

6,625

1,537

1,563

1,560

1,561

6,220

1,486

1,531

1,468

1,482

5,966

(5)%

1 %

(4)%

Consolidation & Adjustments

(42)

198

107

369

(103)

(14)%

(12)%

(95)%

Non-Core Operations Unit

588

355

(33)

292

(339)

275

(169)

(50)%

N/M

(70)%

Total

20,503

6,873

4,920

5,660

4,555

22,009

6,493

4,990

4,050

3,548

19,081

(22)%

(12)%

(13)%

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Corporate Banking & Securities

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Origination (equity)

559

138

140

150

518

152

204

135

241

732

61 %

79 %

41 %

Origination (debt)

1,055

379

284

377

378

1,417

453

417

367

320

1,557

(15)%

(13)%

10 %

Origination

1,614

517

372

517

528

1,935

605

621

502

561

2,289

6 %

12 %

18 %

Sales & Trading (equity)

2,235

683

507

597

500

2,288

766

787

643

541

2,737

8 %

(16)%

20 %

Sales & Trading (debt and other products)

8,539

3,169

2,136

2,463

1,422

9,190

2,732

1,909

1,285

978

6,904

(31)%

(24)%

(25)%

Sales & Trading

10,774

3,853

2,643

3,060

1,922

11,478

3,498

2,695

1,928

1,519

9,641

(21)%

(16)%

Advisory

621

121

136

159

173

590

116

155

140

480

(19)%

(9)%

(19)%

Loan products

930

277

196

220

205

899

250

296

331

358

1,234

74 %

8 %

37 %

Other products

(39)

(11)

549

547

138

(63)

(117)

(22)

N/M

Total net revenues

13,899

4,769

3,355

3,946

3,377

15,448

4,561

3,665

2,935

2,461

13,623

(27)%

(16)%

(12)%

Provision for credit losses

(1)

185

48 %

49 %

127 %

Total noninterest expenses

10,144

2,850

2,843

2,830

3,936

12,459

2,654

2,854

2,537

2,306

10,351

(41)%

(9)%

(17)%

therein: Total compensation and benefits

6,072

1,871

1,580

1,492

1,297

6,240

1,729

1,398

1,209

1,001

5,338

(23)%

(17)%

(14)%

therein: Direct severance payments

167

(2)

N/M

(84)%

therein: Restructuring activities

182

244

147

(27)%

N/M

(40)%

therein: Impairment of intangible assets

1,174

N/M

Noncontrolling interests

(3)

N/M

(2)%

Income (loss) before income taxes

3,684

1,894

512

1,089

(605)

2,891

1,846

784

345

3,071

N/M

(73)%

6 %

Additional information

Employees (front office full-time equivalent, at period end)

10,085

9,531

9,347

9,133

8,645

8,394

8,207

8,572

8,435

(2)%

Cost/income ratio

73 %

60 %

85 %

72 %

117 %

81 %

58 %

78 %

86 %

94 %

76 %

(23)ppt

7 ppt

(5)ppt

Assets (at period end, in EUR bn.)

1,580

1,538

1,656

1,612

1,465

1,487

1,381

1,276

1,150

(21)%

(10)%

(21)%

147

143

145

136

117

119

116

122

116

(1)%

(5)%

(1)%

Average active equity

13,604

19,810

20,929

21,506

20,372

20,790

19,261

20,785

21,514

22,045

21,007

8 %

2 %

1 %

Pre-tax return on average active equity

27 %

38 %

10 %

20 %

(12)%

14 %

38 %

15 %

6 %

2 %

15 %

14 ppt

(4)ppt

1 ppt

Post-tax return on average active equity

19 %

26 %

6 %

13 %

(8)%

9 %

26 %

10 %

6 %

(1)%

9 %

8 ppt

(6)ppt

0 ppt

Risk-weighted assets (at period end, in EUR bn.)

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Global Transaction Banking

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Transaction services

3,816

1,009

1,019

1,045

1,126

4,200

1,034

1,036

1,023

976

4,069

(13)%

(5)%

(3)%

Other products

N/M

Total net revenues

3,816

1,009

1,019

1,045

1,126

4,200

1,034

1,036

1,023

976

4,069

(13)%

(5)%

(3)%

Provision for credit losses

198

208

315

27 %

48 %

52 %

Total noninterest expenses

2,588

658

680

685

1,304

3,326

623

633

586

795

2,638

(39)%

36 %

(21)%

therein: Total compensation and benefits

1,101

267

345

323

258

1,193

305

304

285

279

1,173

8 %

(2)%

therein: Direct severance payments

(2)

(54)%

N/M

(67)%

therein: Restructuring activities

(11)%

N/M

33 %

therein: Impairment of intangible assets

(22)%

N/M

(22)%

Noncontrolling interests

N/M

Income (loss) before income taxes

1,029

308

282

321

(245)

665

318

324

379

1,117

N/M

(75)%

68 %

Additional information

Employees (front

office full-time equivalent, at period end)

4,265

4,250

4,287

4,331

4,314

4,266

4,197

4,185

4,067

(6)%

(3)%

(6)%

Cost/income ratio

68 %

65 %

67 %

66 %

116 %

79 %

60 %

61 %

57 %

81 %

65 %

(34)ppt

24 ppt

(14)ppt

Assets (at period end, in EUR bn.)

12 %

11 %

12 %

Risk-weighted assets (at period end, in EUR bn.)

9 %

2 %

9 %

Average active equity

3,811

3,851

3,928

4,241

4,448

4,133

4,575

5,034

5,315

5,147

4,780

16 %

(3)%

16 %

Pre-tax return on average active equity

27 %

32 %

29 %

30 %

(22)%

16 %

28 %

26 %

29 %

7 %

23 %

29 ppt

(22)ppt

7 ppt

Post-tax return on average active equity

19 %

22 %

19 %

(15)%

10 %

19 %

17 %

21 %

0 %

15 %

16 ppt

(21)ppt

4 ppt

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Deutsche Asset & Wealth Management

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Management fees and other recurring revenues

2,315

561

552

599

589

2,301

599

637

617

2,453

5 %

(3)%

7 %

Performance and trans. fees and other non recurring

revenues

927

217

226

246

194

884

204

206

237

270

917

39 %

14 %

4 %

Net interest income

_AWM

348

164

104

144

496

138

125

135

146

545

2 %

8 %

10 %

Other product revenues

510

133

119

369

123

327

(32)%

(40)%

(11)%

Mark-to-market movements on policyholder positions

in Abbey Life

178

161

(16)

167

107

420

209

(13)

186

112

494

4 %

(40)%

18 %

Total net revenues

4,278

1,156

982

1,235

1,096

4,470

1,244

1,040

1,265

1,187

4,735

8 %

(6)%

6 %

Provision for credit losses

(1)

N/M

29 %

Total noninterest expenses

3,321

949

878

1,114

1,355

4,297

1,011

960

982

979

3,932

(28)%

0 %

(9)%

therein: Total compensation and benefits

1,804

454

496

501

518

1,969

482

463

430

372

1,748

(28)%

(13)%

(11)%

therein: Direct severance payments

(2)

(100)%

N/M

(88)%

therein: Policyholder benefits and claims

207

149

(4)

161

108

414

191

(7)

171

104

460

(3)%

(39)%

11 %

therein: Restructuring activities

104

136

170

(18)%

(32)%

63 %

therein: Impairment of intangible assets

202

(93)%

N/M

(93)%

Noncontrolling interests

(1)

7 %

(0)

N/M

(75)%

N/M

Income (loss) before income taxes

941

207

113

(262)

154

220

282

199

781

N/M

(29)%

N/M

Additional information

Employees (front office full-time equivalent, at period end)

7,017

6,931

6,920

6,811

6,474

6,334

6,261

6,265

6,159

(5)%

(2)%

(5)%

Cost/income ratio

78 %

82 %

89 %

90 %

124 %

96 %

81 %

92 %

78 %

82 %

83 %

(41)ppt

5 ppt

(13)ppt

Assets (at period end, in EUR bn.)

(6)%

(8)%

(6)%

Risk-weighted assets (at period end, in EUR bn.)

7 %

(5)%

7 %

Average active equity

5,656

5,683

5,860

6,036

5,971

5,907

5,488

5,654

5,951

6,247

5,827

5 %

(1)%

Pre-tax return on average active equity

17 %

15 %

7 %

(18)%

3 %

16 %

6 %

19 %

13 %

31 ppt

(6)ppt

11 ppt

Post-tax return on average active equity

12 %

10 %

4 %

5 %

(12)%

2 %

11 %

4 %

14 %

6 %

8 %

17 ppt

(8)ppt

7 ppt

Invested assets (at period end, in EUR bn.)

897

911

916

938

930

961

941

934

931

0 %

Net new money (in EUR bn.)

(20)

(10)

(2)

(5)

(2)

(19)

(11)

(8)

(12)

N/M

(24)%

(37)%

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Private & Business Clients

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Credit Products

3,022

761

764

785

792

3,102

799

784

785

815

3,183

3 %

4 %

3 %

Deposits

3,166

811

803

773

744

3,131

755

747

732

742

2,977

0 %

1 %

(5)%

Payments, Cards & Accounts

991

247

250

259

267

1,023

255

252

259

256

1,022

(4)%

(1)%

0 %

Investment & Insurance Products

1,257

331

251

263

302

1,146

317

304

263

328

1,212

9 %

24 %

6 %

Other Revenues

1,961

248

236

354

299

1,136

259

361

283

252

1,156

(16)%

(11)%

2 %

Total net revenues

10,397

2,397

2,305

2,435

2,403

9,540

2,385

2,448

2,324

2,393

9,550

0 %

3 %

0 %

Provision for credit losses

1,185

160

216

189

216

781

111

194

171

243

719

12 %

42 %

(8)%

Memo: Impact of releases of certain Postbank

allowances

402

58 %

N/M

(9)%

Total noninterest expenses

7,132

1,770

1,714

1,841

1,899

7,224

1,791

1,747

1,805

1,931

7,274

2 %

7 %

1 %

therein: Total compensation and benefits

3,738

960

869

937

1,017

3,783

950

894

938

3,732

(8)%

5 %

(1)%

therein: Direct severance payments

218

160

249

105

225

(34)%

N/M

(10)%

therein: Restructuring activities

N/M

therein: Impairment of intangible assets

36 %

N/M

(54)%

Noncontrolling interests

178

(77)%

(54)%

(97)%

Income (loss) before income taxes

1,902

460

367

405

287

1,519

483

507

347

219

1,556

(24)%

(37)%

2 %

Additional information

Employees (front office full-time equivalent, at period end)

38,978

39,147

38,809

38,775

37,980

38,464

38,554

38,559

37,927

0 ppt

(2)%

0 %

Cost/income ratio

69 %

74 %

76 %

79 %

76 %

75 %

71 %

78 %

81 %

76 %

2 ppt

3 ppt

0 ppt

Assets (at period end, in EUR bn.)

270

272

287

283

282

271

269

268

264

(7)%

(1)%

(7)%

Risk-weighted assets (at period end, in EUR bn.)

2 %

Average active equity

12,081

11,695

11,879

12,457

12,676

12,177

13,289

14,073

14,145

14,423

13,947

14 %

2 %

15 %

Pre-tax return on average active equity

16 %

12 %

13 %

9 %

12 %

15 %

14 %

10 %

6 %

11 %

(3)ppt

(4)ppt

(1)ppt

Post-tax return on average active equity

11 %

8 %

5 %

8 %

10 %

9 %

8 %

1 %

7 %

(4)ppt

(6)ppt

(1)ppt

Invested assets (at period end, in EUR bn.)

296

301

294

297

293

290

285

282

(4)%

(1)%

(4)%

Net new money (in EUR bn.)

(1)

(2)

(4)

(10)

(4)

(3)

(2)

(5)

(15)

24 %

120 %

58 %

Breakdown of PBC by business unit

Private & Commercial Banking

Total net revenues

3,716

994

913

928

905

3,741

932

924

902

946

3,704

5 %

(1)%

Provision for credit losses

252

174

128

3 %

135 %

(27)%

Total noninterest expenses

2,942

743

722

793

840

3,098

811

761

801

863

3,236

3 %

8 %

4 %

Income (loss) before income taxes

522

233

137

468

118

126

340

N/M

(72)%

(27)%

Advisory Banking International

Total net revenues

1,996

478

471

517

504

1,971

507

528

506

511

2,052

1 %

4 %

Provision for credit losses

176

211

248

38 %

19 %

18 %

Total noninterest expenses

1,195

294

291

331

301

1,217

291

262

292

293

1,138

(3)%

0 %

(6)%

Income (loss) before income taxes

626

139

123

129

151

543

161

204

155

146

666

(4)%

(6)%

23 %

Postbank

Total net revenues

4,685

925

920

990

994

3,828

945

997

915

937

3,794

(6)%

2 %

(1)%

Provision for credit losses

758

104

105

395

110

343

5 %

29 %

(13)%

Total noninterest expenses

2,995

733

701

717

758

2,910

689

723

712

775

2,900

2 %

9 %

0 %

Noncontrolling interests

178

N/M

Income (loss) before income taxes

754

107

182

131

508

204

177

117

550

(60)%

(56)%

8 %

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Consolidation & Adjustments

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Total net revenues

(39)

(381)

(55)

(410)

(129)

(975)

(259)

(168)

(336)

(931)

161 %

100 %

(4)%

Provision for credit losses

(1)

N/M

(50)%

N/M

Total noninterest expenses

252

(111)

583

582

(6)

293

331

(50)%

N/M

(43)%

therein: Direct severance payments

102

(24)

(2)

N/M

(73)%

(57)%

therein: Restructuring activities

N/M

therein: Impairment of intangible assets

N/M

Noncontrolling interests

(213)

(29)

(14)

(6)

(16)

(65)

(10)

(1)

(10)

(14)

N/M

(78)%

Income (loss) before income taxes

(77)

(432)

(73)

(294)

(695)

(1,493)

(255)

(205)

(153)

(635)

(1,248)

(9)%

N/M

(16)%

Additional information

Employees Infrastructure functions (full-time equivalent,

at period end)

38,854

39,196

39,742

39,916

39,349

38,895

38,519

39,654

40,238

2 %

1 %

2 %

Assets (at period end, in EUR bn.)

(16)%

(6)%

(16)%

Risk-weighted assets (at period end, in EUR bn.)

(38)%

(14)%

(38)%

Average active equity

3,850

N/M

(23)%

N/M

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Non-Core Operations Unit

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Total net revenues

877

243

414

397

1,054

427

193

367

(101)

886

N/M

(16)%

Provision for credit losses

391

138

300

105

634

174

238

288

788

174 %

21 %

24 %

Total noninterest expenses

2,561

686

489

607

1,529

3,312

537

718

1,311

741

3,307

(52)%

(43)%

0 %

therein: Total compensation and benefits

403

301

322

0 %

(2)%

7 %

therein: Direct severance payments

69 %

(36)%

N/M

therein: Restructuring activities

68 %

N/M

61 %

therein: Impairment of intangible assets

421

N/M

Noncontrolling interests

(3)

(1)

(2)

(3)

N/M

Income (loss) before income taxes

(2,089)

(550)

(218)

(507)

(1,648)

(2,923)

(196)

(699)

(1,183)

(1,127)

(3,206)

(32)%

(5)%

10 %

Additional information

Employees (front office full-time equivalent, at period end)

1,796

1,627

1,549

1,508

1,457

1,440

1,419

1,428

1,449

(1)%

1 %

(1)%

Assets (at period end, in EUR bn.)

135

133

123

117

(46)%

(20)%

(46)%

Risk-weighted assets (at period end, in EUR bn.)

104

(37)%

(3)%

(37)%

Average active equity

11,447

12,477

12,303

12,244

11,593

11,920

11,224

10,818

9,667

7,950

9,995

(31)%

(18)%

(16)%

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Credit risk

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Allowance for loan losses

Balance, beginning of period

3,296

4,158

4,077

4,370

4,579

4,158

4,692

4,863

5,007

5,261

4,692

15 %

5 %

13 %

Provision for loan losses

1,832

324

419

553

432

1,728

344

468

496

717

2,024

66 %

44 %

17 %

Net charge-offs

(897)

(370)

(130)

(319)

(267)

(1,086)

(151)

(281)

(212)

(409)

(1,053)

53 %

93 %

(3)%

Charge-offs

(1,065)

(462)

(166)

(350)

(303)

(1,281)

(223)

(312)

(241)

(439)

(1,215)

45 %

82 %

(5)%

Recoveries

168

195

162

(17)%

2 %

(17)%

Changes in the group of consolidated companies

N/M

Exchange rate changes/other

(69)

(34)

(26)

(51)

(107)

(22)

(43)

(30)

(15)

(110)

(71)%

(52)%

3 %

Balance, end of period

4,162

4,077

4,370

4,579

4,692

4,863

5,007

5,261

5,553

18 %

6 %

18 %

Allowance for off-balance sheet positions

Balance, beginning of period

218

225

214

216

217

225

215

226

231

242

215

12 %

5 %

(5)%

Provision for off-balance sheet positions

(9)

(1)

(7)

(27)

N/M

Usage

N/M

Changes in the group of consolidated companies

N/M

Exchange rate changes

(1)

(4)

(3)

(1)

(5)

(4)

N/M

28 %

Balance, end of period

225

214

216

217

215

226

231

242

216

0 %

(11)%

0 %

Provision for credit losses

1,839

314

418

555

434

1,721

354

473

512

689

2,029

59 %

35 %

18 %

Impaired loans (at period end)

Total impaired loans (at period end)

10,070

9,833

10,486

10,873

10,335

10,121

9,251

9,721

10,181

(1)%

5 %

(1)%

Impaired loan coverage ratio

41 %

42 %

45 %

48 %

54 %

55 %

9 ppt

0 ppt

9 ppt

Loans

Total loans (at period end, in EUR bn.)

417

412

415

408

402

400

393

387

382

(5)%

(1)%

(5)%

Deduct

Allowance for loan losses (in EUR bn.)

18 %

6 %

18 %

Total loans net (at period end, in EUR bn.)

413

408

410

403

397

395

388

382

377

(5)%

(1)%

(5)%

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Regulatory capital and market risk

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

Dec 31, 2011

Mar 31, 2012

Jun 30, 2012

Sep 30, 2012

Dec 31, 2012

Mar 31, 2013

Jun 30, 2013

Sep 30, 2013

Dec 31, 2013

Dec 31, 2013 vs.

Dec 31, 2012

Regulatory capital

Common Equity Tier 1 capital

21, 22

36,313

37,003

37,833

39,264

37,957

39,261

41,672

40,272

38,890

2 %

Tier 1 capital

21, 22

49,047

49,419

50,618

51,939

50,483

51,879

54,241

52,594

51,104

1 %

Tier 2 capital

6,179

5,764

5,406

6,288

6,532

5,528

6,427

5,624

4,747

(27)%

Available Tier 3 capital

N/M

Total regulatory capital

21, 22

55,226

55,183

56,024

58,227

57,015

57,408

60,668

58,217

55,851

(2)%

Risk-weighted assets and capital adequacy ratios

21, 22

Risk-weighted assets (in EUR bn.)

381

368

373

366

334

325

314

310

302

(10)%

Common Equity Tier 1 capital ratio

9.5 %

10.0 %

10.2 %

10.7 %

11.4 %

12.1 %

13.3 %

13.0 %

12.9 %

1.5 ppt

Tier 1 capital ratio

12.9 %

13.4 %

13.6 %

14.2 %

15.1 %

16.0 %

17.3 %

17.0 %

16.9 %

1.8 ppt

Total capital ratio

14.5 %

15.0 %

15.9 %

17.1 %

17.7 %

19.3 %

18.8 %

18.5 %

1.4 ppt

Value-at-risk of trading units (excluding Postbank)

23, 24

Average

71.8

55.0

55.7

55.6

57.1

59.3

57.2

53.9

53.6

(6)%

Maximum

94.3

65.8

76.2

80.1

69.0

(14)%

Minimum

44.9

47.3

43.0

43.3

53.3

47.2

43.0

(1)%

Period-end

50.0

65.8

54.6

68.7

53.7

58.2

50.2

50.7

47.9

(11)%

Value-at-risk of Postbank's trading book

Average

3.2

4.9

4.6

4.1

3.4

0.6

0.4

0.3

(92)%

Maximum

8.2

5.9

1.1

(81)%

Minimum

1.1

3.3

1.8

0.9

0.4

0.2

0.1

(89)%

Period-end

3.9

4.2

4.0

1.9

1.2

0.4

0.2

0.1

(92)%

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Non-GAAP financial measures (1/2)

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

IBIT attributable to Deutsche Bank shareholders

Income (loss) before income taxes

5,390

1,887

967

1,127

(3,167)

814

2,414

792

(1,153)

2,071

(64)%

N/M

154 %

Less pre-tax noncontrolling interests

(209)

(28)

(13)

(6)

(16)

(64)

(10)

(1)

(10)

(16)

N/M

(76)%

IBIT attributable to Deutsche Bank shareholders

5,181

1,859

953

1,121

(3,183)

750

2,405

791

(1,149)

2,055

(64)%

N/M

174 %

Average shareholders' equity / Average active equity

Average shareholders' equity

50,547

54,300

55,683

56,920

55,671

55,597

54,621

56,990

57,071

56,482

56,203

1 %

(1)%

1 %

Add (deduct):

Average accumulated other comprehensive (income)

loss excluding foreign currency translation, net of

applicable tax

519

N/M

Average dividend accruals

(617)

(784)

(436)

(610)

(670)

(784)

(625)

(478)

(669)

(646)

10 %

40 %

(4)%

Average active equity

50,449

53,516

54,899

56,484

55,061

54,927

53,836

56,365

56,593

55,813

55,557

1 %

(1)%

1 %

Pre-tax return on equity

Pre-tax return on average shareholders' equity

10.2 %

13.7 %

6.8 %

7.9 %

(22.9)%

1.3 %

17.6 %

5.6 %

0.1 %

(8.1)%

3.7 %

14.7 ppt

(8.2)ppt

2.3 ppt

Pre-tax return on average active equity

10.3 %

13.9 %

6.9 %

7.9 %

(23.1)%

1.4 %

17.9 %

5.6 %

0.1 %

(8.2)%

3.7 %

14.9 ppt

(8.3)ppt

2.3 ppt

Post-tax return on equity

Post-tax return on average shareholders' equity

8.2 %

10.2 %

4.7 %

5.3 %

(18.2)%

0.5 %

12.1 %

2.3 %

0.3 %

(6.8)%

1.9 %

11.4 ppt

(7.1)ppt

1.4 ppt

Post-tax return on average active equity

8.2 %

10.4 %

4.8 %

5.3 %

(18.4)%

0.5 %

12.3 %

2.4 %

0.3 %

(6.9)%

1.9 %

11.5 ppt

(7.2)ppt

1.4 ppt

Shareholders' equity / Tangible shareholders' equity (at period end, in EUR bn.)

Total shareholders' equity

53.4

55.0

55.8

56.8

54.0

55.8

57.5

56.5

55.1

2 %

(2)%

2 %

Less:

Goodwill and other intangible assets

15.8

15.7

16.3

14.2

14.3

14.2

14.1

13.9

(2)%

(1)%

(2)%

Tangible shareholders' equity (Tangible book value)

37.6

39.3

39.5

40.5

39.8

41.5

43.3

42.4

41.2

3 %

(3)%

3 %

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Non-GAAP financial measures (2/2)

For footnotes please refer to page 19.

(In EUR m., unless stated otherwise)

FY2011

1Q2012

2Q2012

3Q2012

4Q2012

FY2012

1Q2013

2Q2013

3Q2013

4Q2013

FY2013

4Q2013 vs.

4Q2012

4Q2013 vs.

3Q2013

FY2013 vs.

FY2012

Balance sheet leverage ratio

Total assets adjusted (at period end, in EUR bn.)

Total assets (IFRS)

2,164

2,111

2,249

2,194

2,022

2,033

1,910

1,788

1,649

(18)%

(8)%

(18)%

Adjustment for additional derivatives netting

(782)

(688)

(782)

(741)

(705)

(642)

(571)

(524)

(460)

(35)%

(12)%

(35)%

Adjustment for additional pending settlements netting

and netting of pledged derivatives cash collateral

(105)

(146)

(153)

(141)

(82)

(138)

(147)

(125)

(91)

11 %

(27)%

11 %

Adjustment for additional reverse repos netting

(10)

(14)

(10)

(23)

(26)

(28)

(23)

(17)

(18)

(31)%

5 %

(31)%

Total assets (adjusted)

1,267

1,263

1,304

1,289

1,209

1,225

1,170

1,122

1,080

(11)%

(4)%

(11)%

Total equity adjusted (at period end, in EUR bn.)

Total equity (IFRS)

54.7

55.4

56.0

57.1

54.2

56.1

57.7

56.8

55.1

2 %

(3)%

2 %

Adjustment for pro-forma fair value gains (losses) on

the Group's own debt (post-tax)

4.5

3.1

3.8

3.0

1.7

2.4

2.2

1.7

0 %

(21)%

0 %

Total equity (adjusted)

59.2

58.6

59.9

60.1

55.9

58.5

60.1

58.9

56.8

2 %

(4)%

2 %

Leverage ratio (IFRS)

(7)

(2)

(7)

Leverage ratio (adjusted)

(3)

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Definition of certain financial measures

Profitability ratios

In connection with the implementation of the Group’s communicated

strategy, the Group considers the post-tax return on average active equity,

both on a Group and a segment basis. The post-tax return on both,

average shareholders’

equity and average active equity, at the Group level

reflects the reported effective tax rate for the Group. For the post-tax return

on average active equity of the segments, the Group effective tax rate was

adjusted to exclude the impact of permanent differences not attributable to

the segments.

Post-tax return on average shareholders' equity: Net income (loss)

attributable to Deutsche Bank shareholders (annualized),

which is defined

as Net income (loss) excluding post-tax income (loss) attributable to

noncontrolling interests as a percentage of average shareholders' equity.

Post-tax

return

average

active

equity:

Net

income

(loss)

attributable

to Deutsche Bank shareholders (annualized), which is defined as Net

income (loss) excluding post-tax income (loss) attributable to

noncontrolling interests, as a percentage of average active equity.

Pre-tax return on average shareholders' equity: Income (loss) before

income taxes attributable to Deutsche Bank shareholders (annualized),

which is defined as IBIT excluding pre-tax noncontrolling interests, as a

percentage of average shareholders' equity.

Pre-tax return on average active equity: Income (loss) before income

taxes attributable to Deutsche Bank shareholders (annualized), which is

defined as IBIT excluding pre-tax noncontrolling interests, as a percentage

of average active equity.

Average

Active

Equity:

calculate

active

equity

make

comparisons

to our competitors easier and we refer to active equity for several ratios.

However, active equity is not a measure provided for in IFRS and

you

should not compare our ratios based on average active equity to other

companies’

ratios without considering the differences in the calculation.

Tax rates applied in the calculation of average active equity are those used

in the financial statements for the individual items and not an average

overall tax rate. Starting 2013, we refined our allocation of average active

equity to the business segments to reflect the further increased

regulatory

requirements under CRR/CRD 4 and to align the allocation of capital with

the communicated capital and return on equity targets. Under the

new

methodology, our internal demand for regulatory capital is derived based on

a Common Equity Tier 1 ratio of 10.0 % at a Group level and assuming full

implementation of CRR/CRD 4 rules. Therefore, the basis for allocation,

i.e., risk-weighted assets and certain regulatory capital deduction items, is

also on a CRR/CRD 4 fully-loaded basis. As a result, the amount of capital

allocated to the segments has increased, predominantly in CB&S and the

NCOU. The figures for 2012 were adjusted to reflect this effect.

In 2012, we

derived our demand for regulatory capital assuming a Core Tier 1

ratio of

9.0 % (under Basel 2.5 rules), reflecting increased regulatory requirements

at the time. If our average active equity exceeds the higher of the overall

economic risk exposure or the regulatory capital demand, this surplus is

assigned to Consolidation & Adjustments. Effective July 1, 2013,

the

definition of active equity has been aligned to the CRR/CRD 4 (Basel 3)

framework. Under the revised definition, shareholders’

equity for 2012 and

2013 is adjusted only for dividend accruals (i.e. accumulated other

comprehensive income (loss) excluding foreign currency translation, net of

taxes, is now part of active equity).

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Definition of certain financial measures (cont.)

Balance sheet leverage ratio

We calculate our leverage ratio as a non-GAAP financial measure by dividing total

assets by total equity.

We disclose an adjusted leverage ratio for which the following adjustments are made

to the reported IFRS assets and equity:

Total assets under IFRS are adjusted to reflect netting provisions to obtain total

assets adjusted. Under IFRS offsetting of financial assets and financial liabilities

is required when an entity, (1) currently has a legally enforceable right to set off

the recognised amounts; and (2) intends either to settle on a net basis, or to

realise the asset and settle the liability simultaneously. IFRS specifically focuses

on the intention to settle net in the ordinary course of business, irrespective of the

rights in default. As most derivative contracts covered by a master netting

agreement do not settle net in the ordinary course of business they must be

presented gross under IFRS. Repurchase and reverse repurchase agreements

are also presented gross, as they also do not settle net in the ordinary course of

business, even when covered by a master netting agreement. It has been

industry practice in the U.S. to net the receivables and payables from unsettled

regular way trades. This is not permitted under IFRS.

Total equity under IFRS is adjusted to reflect pro-forma fair value gains and

losses on our own debt (post-tax estimate assuming that substantially all our own

debt was designated at fair value), to obtain total equity adjusted. The tax rate

applied for this calculation is a blended uniform tax rate of 35%.

We apply these adjustments in calculating the adjusted leverage ratio to improve

comparability with our competitors.

The definition of the adjusted leverage ratio is used consistently throughout our

Group in managing the business. There will still be differences in the way our

competitors calculate their leverage ratios compared to our definition of the adjusted

leverage ratio. Therefore our adjusted leverage ratio should not

be compared to

other companies' leverage ratios without considering the differences

in the calculation. Our adjusted leverage ratio is not likely to

be identical to, nor

necessarily indicative of, what our leverage ratio would be under any current or

future bank regulatory leverage ratio requirement.

Cost ratios

Cost/income

ratio:

Noninterest

expenses

percentage

total

net revenues,

which are defined as net interest income before provision for credit losses plus

noninterest income.

Compensation

ratio:

Compensation

and

benefits

percentage

total net

revenues, which are defined as net interest income before provision for credit losses

plus noninterest income.

Noncompensation

ratio:

Noncompensation

noninterest

expenses,

which are

defined as total noninterest expenses less compensation and benefits, as a

percentage of total net revenues, which are defined as net interest income before

provision for credit losses plus noninterest income.

Other key ratios

Diluted

earnings

per

Net

income

(loss)

attributable

Deutsche Bank

shareholders, which is defined as net income (loss) excluding noncontrolling

interests, divided by the weighted-average number of diluted shares outstanding.

Diluted earnings per share assume the conversion into common shares of

outstanding securities or other contracts to issue common stock,

such as share

options, convertible debt, unvested deferred share awards and forward contracts.

Book

value

per

basic

outstanding:

Book

value

per

basic

share outstanding

is defined as shareholders’

equity divided by the number of basic shares outstanding

(both at period end).

Tangible

book

value

per

basic

outstanding:

Tangible

book

value per basic

share outstanding is defined as shareholders’

equity less goodwill and other

intangible assets, dividied by the number of basic shares outstanding (both at period-

end).

Tier

capital

ratio:

Tier

capital,

percentage

the

risk-weighted assets for

credit, market and operational risk.

Common

Equity

Tier

capital

ratio:

Common

Equity

Tier

capital,

percentage of the risk-weighted assets for credit, market and operational risk.

Deutsche Bank

4Q2013 Financial Data Supplement

financial transparency.

Footnotes

Source for share price information: Thomson Reuters, based on XETRA;

high and low based on intraday prices.

Including numerator effect of assumed conversions.

Definitions of ratios are provided on pages 17 and 18 of this document.

The reconciliation of average active equity is provided on page 15 of this

document.

At period end.

Risk

weighted

assets

and

capital

ratios

are

based

upon

Basel

2.5

rules.

Starting 2013, the Group refined its allocation of average active equity to the

business segments to reflect the further increased regulatory requirements

under Basel 3. Figures for 2012 were adjusted accordingly. For details

please refer to page 18.

Includes Corporate Banking & Securities, Global Transaction Banking,

Deutsche Asset & Wealth Management, Private & Business Clients and

Consolidation & Adjustments.

Segment assets represent consolidated view, i.e. the amounts do not include

intersegment balances.

10.

Includes net interest income and net gains (losses) on financial

assets/liabilities at fair value through profit or loss, net fee

and commission

income and remaining revenues.

11.

Includes revenues from ETF business.

12.

Excludes fee and commission income and remaining revenues. See page 5

for total revenues by product.

13.

Covers origination, advisory and other products.

14.

Reflects compensation and benefits of front office employees and

allocated

compensation and benefits of related Infrastructure functions (allocation on

a pro forma basis).

15.

Reflects front office employees and related Infrastructure employees

(allocated on a pro forma basis).

16.

The impact of releases of certain allowances relates to loan loss allowances

which were established by Postbank prior to change of control. Releases of such

allowances reduce provision for credit losses in Postbank's stand-alone financial

statements. At the consolidated level of DB Group / PBC, these releases lead to

an increase in interest income (because the underlying loans were consolidated

at their respective fair value at change of control).

17.

Includes costs related to Postbank integration.

18.

Contains the major core business activities of Postbank AG as well as BHW and

norisbank.

19.

Includes provision for loan losses and provision for off-balance sheet positions.

20.

Impaired loan coverage ratio: balance of the allowance for loan losses as a

percentage of impaired loans (both at period end).

21.

Regulatory capital amounts, risk weighted assets and capital ratios are based

upon Basel 2.5 rules.

22.

Excludes transitional items pursuant to section 64h (3) German Banking Act.

23.

All figures for 1-day holding period, 99% confidence level.

24.

Starting Dec 31, 2012 considers all trading exposures including Sal. Oppenheim

and BHF.

25.

Amounts refer to the time period between January 1st and the end

of the

respective quarter.

26.

Based on IBIT attributable to Deutsche Bank shareholders, definitions of ratios

are provided on pages 17 and 18 of this document.

27.

Includes netting of cash collateral received in relation to derivative margining.

28.

Includes netting of cash collateral pledged in relation to derivative margining.

29.

Estimate assuming that substantially all own debt was designated

at fair value.