Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 413

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 413
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 December 31, 2023, respectively 3 Non-cash changes for Subordinated Long Term Debt are € 532million in total and mainly driven by Fair Value changes of € 90million and Foreign Exchange movements of € 432million through December 31, 2024 and € ( 31) million in total mainly driven by Fair Value changes of € 139million and Foreign Exchange movements of € ( 173) million through December 31, 2023 4 Non-cash changes for Trust Preferred Securities are € 3million in total and mainly driven by Fair Value changes of € ( 3) million through December 31, 2024 and € 15million in total and mainly driven by Fair Value changes of € 8million through December 31, 2023 5 Non-cash changes for Lease liabilities are € 673million in total including Foreign Exchange movements of € 107million through December 31, 2024 and € 669million in total including Foreign Exchange movements of € ( 65) million through December 31, 2023 6 Includes interest paid and interest received from derivatives qualifying as hedging instruments under the Group’s fair value hedge accounting application, which includes portfolio hedges of interest rate risk in accordance with the EU carve-out version of IAS 39 7 Not included: Interest-earning time deposits with central banks of € 21.2billion as of December 31, 2024 and € 19.1billion as of December 31, 2023 8 Not included: Interest-earning time deposits with banks of € 1.9billion as of December 31, 2024 and € 1.7billion as of December 31, 2023 As of December 31, 2024 cash and central bank balances include time and demand deposits at the Russian Central Bank of € 377million (€ 612million as of December 31, 2023). These are subject to foreign exchange restrictions. Thereof, demand deposits of € 15million (€ 30million as of December 31, 2023) qualify as Cash and cash equivalents at end of period. The accompanying notes are an integral part of the Consolidated Financial Statements.

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| Deutsche Bank      |
| Annual Report 2024 |

Notes to the consolidated financial statements 01 –Material accounting policies and critical accounting estimates Basis of accounting Deutsche Bank Aktiengesellschaft, Taunusanlage 12