Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 225

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 225
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. Brokerage and securities related receivables and payables decreased by € 11.9 billion and € 17.8 billion, respectively, mainly due to a decrease in receivables and payables from pending settlement of regular way trades. Deposits increased by € 42.2 billion, primarily driven by growth in Corporate Cash Management business in the Corporate Bank as well as higher inflows in the Private Bank and Global Emerging Markets in the Investment Bank. Financial liabilities designated at fair value through profit or loss increased by € 8.3 billion, mainly attributable to an increase in long term debt driven by new issuances in FIC business in the Investment Bank. Long term debt at amortized cost decreased by € 4.5 billion, mainly due to repayments of the TLTRO funding which were partly offset by new issuances. The overall movement of the balance sheet included an increase of € 31.4 billion due to foreign exchange rate movements, mainly driven by a strengthening of the U.S. dollar versus the euro. The effects from foreign exchange rate movements are embedded in the movement of the balance sheet line items discussed in this section. Liquidity Total High Quality Liquid Assets (HQLA) as defined by the Commission Delegated Regulation (EU) 2015/61 and amended by Regulation (EU) 2018/1620 increased to € 226 billion as of December 31, 2024 vs € 219 billion as at December 31, 2023. The increase in HQLA is primarily on account of increased deposits and long-term debt issuance largely offset by remaining TLTRO repayment and asset growth across businesses. The Liquidity Coverage Ratio was 131% at the end fourth quarter of 2024, a surplus to regulatory requirements of € 53 billion as compared to 140% as at the end of fourth quarter of 2023, a surplus to regulatory requirements of € 62 billion.

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| Deutsche Bank      |
| Annual Report 2024 |

Equity Total equity as of December 31, 2024, was € 81.9 billion compared to € 76.3 billion as of December 31, 2023, an increase of € 5.5 billion. This change was driven by a number of factors including the profit attributable to Deutsche Bank shareholders and additional equity components reported for the period of € 4.3 billion, the issuance of Additional Tier 1 equity instruments (AT1) treated as equity in accordance with