Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 487

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 487
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 3 of the fair value hierarchy; the gains and losses presented below are attributable to movements in both the observable and unobservable parameters

2 Issuances relate to the cash amount received on the issuance of a liability and the cash amount paid on the primary issuance of a loan to a borrower

3 Settlements represent cash flows to settle the asset or liability. For debt and loan instruments this includes principal on maturity, principal amortizations and principal repayments. For derivatives all cash flows are presented in settlements

4 Transfers in and transfers out of Level 3 are related to changes in observability of input parameters. During the year they are recorded at their fair value at the beginning of year. For instruments transferred into Level 3 the table shows the gains and losses and cash flows on the instruments as if they had been transferred at the beginning of the year. Similarly, for instruments transferred out of Level 3 the table does not show any gains or losses or cash flows on the instruments during the year since the table is presented as if they have been transferred out at the beginning of the year

5 Total gains and losses on financial assets at fair value through other comprehensive income include a gain of € 29million recognized in other comprehensive income, net of tax

6 This amount includes the effect of exchange rate changes. For total financial assets held at fair value this effect is a gain of € 362million and for total financial liabilities held at fair value this is a loss of € 19million

7 For assets positive balances represent gains, negative balances represent losses. For liabilities positive balances represent losses, negative balances represent gains

| 245 |

| Deutsche Bank      |
| Annual Report 2024 |

|                                                                             |     |             Dec 31, 2023 |     |                                             |     |                    |     |           |     |        |     |             |     |               |     |                       |     |                         |     |                    |
|:----------------------------------------------------------------------------|:----|-------------------------:|:----|--------------------------------------------:|:----|-------------------:|:----|----------:|:----|-------:|:----|------------:|:----|--------------:|:----|----------------------:|:----|------------------------:|:----|-------------------:|
| in € m.                                                                     |     | Balance,beginningof year |     | Changesin thegroup ofconsoli-datedcompanies |     | Totalgains/losses1 |     | Purchases |     |  Sales |     |