Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 514

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 514
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) from the subletting of right-of-use assets totaled €24million (€29million).The total cash outflow for leases for 2024 (2023) was €678million (€645million) and represented mainly expenditures made for real estate rentals over €669million (€638million). Of the total cash outflow amount, payments of €552million (€534million) were made for the principal portion of lease liabilities, payments of €126million (€111million) were made for the interest portion.Total future cash outflows to which the Group as a lessee is potentially exposed, that are not reflected in the measurement of the lease liabilities, mainly include potential payment exposures arising from extension options (2024: €4.7billion) and future payments for leases not yet commenced, but to which the Group is committed (2024: €68million). Their expected maturities are shown in the table below.Future cash outflows to which the Group is potentially exposed that are not reflected in the measurement of lease liabilitiesin € m.Dec 31, 2024Dec 31, 2023Future cash outflows not reflected in lease liabilities:Not later than one year3014Later than one year and not later than five years470590Later than five years4,2304,318Future cash outflows not reflected in lease liabilities4,7314,922269
| Deutsche Bank      |
| Annual Report 2024 |

23 – Goodwill and Other Intangible Assets

Goodwill

Changes in Goodwill

The changes in the carrying amount of goodwill, as well as gross amounts and accumulated impairment losses of goodwill, for the years ended December 31, 2024, and December 31, 2023, are shown below by cash-generating units.

The Group’s business operations are organized under the following divisional structure: Corporate Bank, Investment Bank, Private Bank and Asset Management. The corporate divisions are considered CGUs.

Goodwill allocated to cash-generating units

| in € m.                                                                      |     | Investment Bank |     | Corporate Bank |     | AssetManage-ment |     | Private Bank |     |  Total |
| Balance as of January 1, 2023                                                |     |               0 |     |              0 |     |            2,919 |     |            0 |     |  2,919 |
| Goodwill acquired during the year                                            |     |             235 |     |              0 |     |