Deutsche Bank AG — Earnings Release 2002

Apr 29, 2002

News Details

Ad-hoc | 29 April 2002 07:43

Deutsche Bank AG english

Deutsche Bank AG Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– – Deutsche Bank reports pre-tax profit of EUR 1.3 billion for first quarter 2002 (+39 %) – Cost reduction measures showing considerable results Deutsche Bank Group reports the following key figures for the first quarter 2002 (first quarter 2001) according to US GAAP: Income before income taxes and cumulative effect of accounting changes: Euro 1,270 m. (Euro 912 m.) net income: Euro 597 m. (Euro 382 m.) net interest revenues: Euro 1,725 m. (Euro 1,939 m.) provision for loan losses: Euro 270 m. (Euro 112 m.) commissions and fee revenues: Euro 2,635 m. (Euro 2,804 m.) trading revenues, net: Euro 1,399 m. (Euro 2,324 m.) other noninterest revenues: Euro 1,788 m. (Euro 908 m.) total net revenues: Euro 7,277 m. (Euro 7,863 m.) total noninterest expenses: Euro 6,007 m. (Euro 6,951 m.) Basic earnings per share: Euro 0.95 (Euro 0.87) Modified (for the effect of German tax law changes and for the effect of accounting changes) basic earnings per share: Euro 2.02 (Euro 1.26) The earnings per share figures 2001 are adjusted for the effect of the new accounting rule for goodwill (SFAS 142). BIS core capital ratio: 8.9 % (31.12.01: 8.1 %) The complete Interim Report as at March 31, 2002 is available at the following internet address: http://www.deutsche-bank.com/q1 end of ad-hoc-announcement (c)DGAP 29.04.2002 ——————————————————————————– WKN: 514000; ISIN: DE0005140008; Index: DAX, EURO STOXX 50 Listed: Amtlicher Handel in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hannover, München und Stuttgart; EUREX; Amsterdam; Antwerpen; Brüssel; London; Luxemburg; NYSE; Paris; Tokio; Wien; Swiss Exchange 290743 Apr 02