Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 679

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 679
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 a currency-adjusted basis are calculated by translating prior-period revenues or costs that were generated or incurred in non-euro currencies into euros at the foreign exchange rates that prevailed during the current year period. These adjusted figures, and period-to-period percentage changes based thereon, are intended to provide information on the development of underlying business volumes and costs.

| 426 |

| Deutsche Bank      |
| Annual Report 2024 |

Net assets (adjusted) Net assets (adjusted) are defined as IFRS Total assets adjusted to reflect the recognition of legal netting agreements, offsetting of cash collateral received and paid and offsetting pending settlements balances. The Group believes that a presentation of net assets (adjusted) makes comparisons to its competitors easier.

| in € b.(unless stated otherwise)                                    |     |  2024 |     |  2023 |     |  2022 |
| Total assets                                                        |     | 1,391 |     | 1,317 |     | 1,344 |
| Deduct: Derivatives (incl. hedging derivatives) credit line netting |     |   230 |     |   196 |     |   228 |
| Deduct: Derivatives cash collateral received / paid                 |     |    59 |     |    56 |     |    70 |
| Deduct: Securities Financing Transactions credit line netting       |     |     2 |     |     2 |     |     2 |
| Deduct: Pending settlements netting                                 |     |    13 |     |    29 |     |    17 |
| Net assets (adjusted)                                               |     | 1,087 |     | 1,034 |     | 1,026 |

Book Value and Tangible Book Value per Basic Share Outstanding Book value per basic share outstanding and tangible book value per basic share outstanding are Non-GAAP financial measures that are used and relied upon by investors and industry analysts as capital adequacy metrics. Book value per basic share outstanding represents the Bank’s total shareholders’ equity divided by the number of basic shares outstanding at period-end. Tangible book value represents the Bank’s total shareholders’ equity less goodwill and other intangible assets. Tangible book value per basic share outstanding is computed by dividing tangible book value by period-end basic shares outstanding. Tangible Book Value

| in € m.                                            |     |        |     |        |     |        |     | 2024 increase (decrease)