Company: ADZCF
Filing Date: 2025-03-13
Form Type: 20-F
Source: 0001159508-25-000020
Chunk: 547

Company: DEUTSCHE BANK AKTIENGESELLSCHAFT
Filing Date: 2025-03-13
Form: 20-F
Chunk 547
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December 31, 2023: € 0.5billion). As of December 31, 2024, the total collateral provided for IPC consisted of€ 1.0billion of cash collateral and € 481million of securities collateral (December 31, 2023: € 1.4billion and € 81million, respectively). Thereof € 1.0billion of cash collateral related to the SRF (December 31, 2023: € 1.0billion). The Group accounts for IPCs as contingent liabilities as it is not deemed probable that IPCs will be called. Also, the Group remains the economic owner of the collateral provided. In October 2023, in a matter unrelated to the Group, the General Court of the EU handed down a judgement which supported the SRB in its view that in case an entity that no longer falls within the scope of the Single Resolution Mechanism, its IPCs are cancelled and collateral backing these commitments is only returned if the entity pays a cash contribution to the SRF at the same amount. The plaintiff filed an appeal against this judgement to the Court of Justice of the EU in January 2024. The Group is of the view that its accounting analysis for IPCs with regard to the SRF and deposit protection remains unaffected as of December 31, 2024, and continues to monitor the legal developments and their potential accounting impact.

29 – Other Short-Term Borrowings

| in € m.                           |     | Dec 31, 2024 |     | Dec 31, 2023 |
|:----------------------------------|:----|-------------:|:----|-------------:|
| Other short-term borrowings:      |     |              |     |              |
| Commercial paper                  |     |        5,954 |     |        5,497 |
| Other                             |     |        3,940 |     |        4,123 |
| Total other short-term borrowings |     |        9,895 |     |        9,620 |

30 – Long-Term Debt and Trust Preferred Securities

Long-Term Debt by Earliest Contractual Maturity

| in € m.              |     | Due in2025 |     | Due in2026 |     | Due in2027 |     | Due in2028 |     | Due in2029 |     | Due after2029 |     | TotalDec 31,2024 |