Business Context and Reporting Period
This Form 6-K filing by Deutsche Bank Aktiengesellschaft was submitted on October 27, 2010. The report incorporates by reference the company's Interim Report for the period ended September 30, 2010. The filing includes the Management Report, Risk Report, unaudited financial statements, and a capitalization table.
Key Financial Metrics
The provided text serves as a cover document and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references the inclusion of unaudited financial statements in Exhibit 99.1 but does not list the figures within this text.
The filing explicitly defines the following non-GAAP financial measures used by the company:
- IBIT attributable to Deutsche Bank shareholders (target definition)
- Average active equity
- Pre-tax return on average active equity
- Net income (loss) attributable to Deutsche Bank shareholders (basis for target definition EPS)
- Total assets adjusted (pro forma US GAAP)
- Leverage ratio (target definition)
- Diluted earnings per share (target definition)
Material Changes
The filing text does not provide specific data regarding material changes in financial performance compared to prior periods. It notes that a Statement re: Computation of Ratio of Earnings to Fixed Charges is included for periods ending September 30, 2010, and December 31, 2009 through 2006, but the specific ratios are not listed in this summary text.
Guidance, Outlook, and Risks
Forward-Looking Statements: The report contains forward-looking statements based on current management plans and estimates. The company disclaims any obligation to update these statements.
Risk Factors: Actual results may differ materially due to:
- Conditions in financial markets in Germany, Europe, the United States, and elsewhere.
- Potential defaults of borrowers or trading counterparties.
- Implementation of strategic initiatives.
- Reliability of risk management policies, procedures, and methods.
Details on risk factors are referenced in the company's SEC Form 20-F filed on March 16, 2010.
Investor Verification Checklist
- Verify the specific revenue, net income, and cash flow figures in the unaudited financial statements (Exhibit 99.1) referenced but not detailed in this text.
- Review the "Risk Factors" section on pages 7 through 17 of the March 16, 2010 Form 20-F for detailed risk disclosures.
- Examine the reconciliation of non-GAAP measures to IFRS measures as described in the 2009 Annual Report on Form 20-F (pages v, vi, S-17, S-18, S-19).
- Confirm the capitalization table details in Exhibit 99.2 as of September 30, 2010.