Transcript Deutsche Bank 1Q2004 Results – Analyst Conference Call

Two countries – one mission
Transatlantic Outreach Program and Deutsche Bank
December 2006
Hanns Michael Hölz
Managing Director
[email protected]
“Let us think of education
as the means of developing our greatest abilities,
because in each of us there is a private hope and dream,
which, fulfilled, can be translated into benefit for everyone.”
John F. Kennedy
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Let us tackle the great challenges
of the world – together
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Climate change
Widespread poverty
Economic growth
Health
Education
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Climate change

Every day, 100 to 150 animal and
plant species die out

Every day, 115 square miles
are devastated

Every day, 86 million tons of
fertile soil are eroded

Every day, 100 million tons of
green house gas are released
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Floodwaters after Katrina
Widespread poverty
More than half of the world’s population live on less than 2 dollars a day
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Economic growth
 Until 2020, world economy will
grow by about 4 % per year
 Asian economy is expected to
grow by about 6.5 to 6.9 % per year
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Health
Every day, 1,400 children die from AIDS
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Education
Worldwide, more than 130 million children do not receive
sufficient education
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 No man, no woman, no city, no country, no continent
could tackle these challenges all by themselves.
Let us tackle the great challenges
of the world – together
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Our common basis:
We share the same values, goals, and the same future
Freedom
Equality
Independence
Democracy
Human Rights
Civility
Sustainability
Solidarity
Justice
Self-fulfilment
Environmental
protection
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Free enterprise
Charity
TOP Transatlantic Outreach Program crosses boundaries
Appreciation, trust and true knowledge of
one another – these ingredients grant success
in the mission to improve the world.
To achieve such a relationship, we must
meet each other,
talk to each other.
understand each other.
To facilitate such processes, the idea of
TOP was born!
An initiative of
 Auswärtiges Amt (Department of State, GER)
 Goethe-Institute
 Deutsche Bank
 Robert Bosch Stiftung (Foundation)
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What is TOP?
Where do we receive our values?
How do we get to know the world?
Who influences our point of view?



Family
School
College, University or apprenticeship
TOP targets social studies teachers and educators
since we believe that sharing knowledge through education and learning is an effective way of promoting
tolerance and erasing prejudice.
 And you are the most effective multipliers!
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TOP is your link to Germany
The Transatlantic Outreach Program is
 offering all-expense-paid study and travel tours
to Germany for social studies educators.
 promoting in-service teacher training.
 providing up-to-date, U.S. educator-designed,
instructional kits about modern Germany to
K-12 US and Canadian social studies educators.
Instructional kits
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... and nothing beats first hand experience
Joined by TOP Director, Stefan Brunner, and
Hanns-Michael Hoelz of Deutsche Bank, our TOP
group welcomed U.S. President George W. Bush
and German Chancellor Angela Merkel to the
Hanseatic city of Stralsund.
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Deutsche Bank supports and fosters TOP because ...
 Deutsche Bank considers social involvement a
responsibility, particularly in communities where
we are present.
 With more than 10,000 employees in New York alone,
we have many strong ties with the USA.
 Staff on both sides has therefore learned to bridge the
Atlantic and cultural gaps.
 With this in mind we co-founded the Transatlantic
Outreach Program. For us, promotion of understanding
and tolerance is not only essential to future business
relations, but also to all other relations between our two
countries.
 The Transatlantic Outreach Program and its social studies
teachers are multiplying these efforts.
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Deutsche Bank – identity and mission
 Our identity
Leading global investment bank
with strong and profitable private clients franchise.
 Our mission
We compete to be the leading global provider of financial
solutions for demanding clients, creating exceptional value
for our shareholders and people.
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More than 130 years in business
 Deutsche Bank follows a long-standing tradition,
which goes back to its foundation in 1870, to
promote and facilitate trade relations between
Germany, other European countries and
overseas markets.
 Since then, its status as the largest privatesector bank in the German home market and an
internationally recognized financial services
provider has put it in the public limelight.
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Global reach - key driver for success
Breakdown of employees by regions, December 2005
United Kingdom:
6,534 (10.3%)
Japan:
1,002 (1.6%)
Germany:
26,336 (41.5%)
North America:
11,134 (17.6%)
Continental Europe:
11,748 (18.5%)
Other Asia:
5,184 (8.2%)
South America:
345 (0.5%)
Africa:
162 (0.3%)
Australia/NZ:
983 (1.5%)
63,400 employees worldwide, DB operates in 73 countries
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Sustainability – factor of success
Economics, ecology and social responsibility at Deutsche Bank
We act sustainably:
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
The Sustainability Principle is integrated in all our
business processes via policies and target definitions.

Our Sustainability Management System is certified
according to ISO 14001.

We develop sustainable products, like financing
projects for the promotion of renewable energies and
financial assets that are invested according to the
Sustainability Principle.

We are active in international partnerships, like the
UNEP Finance Initiative, UN Global Compact and the
Global Reporting Initiative.

We support sustainability projects, like microfinancing
in developing countries and Peace Parks in Africa.
The Sustainability Principle:
In the long run, success will only be
possible when business, environmental an
social responsibilities are all
taken into account.
Global responsibility as an Corporate Citizen
 The Deutsche Bank assumes responsibility for the
community.
 Our engagement is basically covered by our staff with
different cultural backgrounds, ideas and
expectations.
 Based on our values trust, teamwork, performance
and innovation, we realize various projects e.g. in the
fields of education, music, art and sustainability.
 We focus on sustainability, follow the idea „Help to
help oneself“ and effectively encourage and advance
the opportunities of young persons.
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CSR/Sustainability – dedication in many areas
 Management
 Day-to-day business
Business
 International Networks
 Stakeholder Dialogue
 Climate Change
CSR/Sustainability
 Community Development
Philanthropy
 CSR Activities
 Foundations’ Network
 Volunteering
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CSR/Sustainability – Licence to operate
Licence to
operate
Creating value for all our stakeholders
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Deutsche Bank’s commitment to the UN Global Compact
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Global governance – our partnerships
Organization/Institution
The role of Deutsche Bank
UN Global Compact
Original signatory
UN initiated code of conduct for corporates: Principles regarding human rights,
labour, environment and anti-corruption
Member of Kofi Annan’s
Advisory Council 2000-2004
UNEP FI
Founding member
Conceived at Rio Earth Summit
Specialist working groups
Growth from 1992-2004: from 6 to 231 banks
Member of the steering committee
Global Reporting Initiative
Member of Board of Directors
Multi-Stakeholder-Initiative conceived in 1997
Promotion of reporting on economic, ecological, and social performance of
organizations
Involvement as part of Deutsche Bank’s governance
Transatlantic Outreach Programme (TOP)
Member since 2002
Since 2002, Initiative of German Department of State, Goethe-Institute,
Deutsche Bank and Robert Bosch Foundation
Bellagio Forum for Sustainable Development
Member since 1998
International network of foundations, NGOs, media institutions and
corporations to promote and develop sustainability projects, founded in 1993
World Business Council for Sustainable Development
Global network of leading international companies out of several industries
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Member since 1998
Our commitment to stopping climate change
Starting point
Climate change causes enormous economic damage,
which can also effect our stakeholders. Drastically
lowering greenhouse gas emissions is in the economic
interest of Deutsche Bank.
Our counter-strategy
 Avoiding greenhouse gas emissions
 Promotion of renewable energies
 Raising public awareness of the topic of
climate change
 Neutralizing unavoidable greenhouse gas
emissions
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Microcredits to fight poverty and to provide sufficient education
Microcredits in developing countries have proven to be a
solution-oriented means to put families in a position to
provide for themselves, thus break out of the cycle of
poverty.
The Deutsche Bank Microcredit Development Fund
and the Global Commercial Microfinance Consortium
support the idea of microfinance and make an important
contribution to the development of stable economic
structures.
Low interest loans are made to local microfinance
institutions who use the money as collateral receiving at
least double the amount in local currency.
Microcredits are granted to founders of small businesses
who use them to build a small business, acquire better
equipment, or to be able to operate a retail trade.
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Candida Gutiérrez from Nicaragua started a
street sale business with the help of a microcredit,
worth about US $ 115. Today, ten years later, she
applies for a loan of more than US $ 5.000,00, in
order to build a spa in Managua.
Microcredits
Our aim is
to helping Microfinance programs
reach scale and long-term durability as sustainable institutions.
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Deutsche Bank Microcredit
Development Fund (DBMDF)
Global Commercial
Microfinance Consortium
 Established in 1997
 Managed by Deutsche Bank Americas
Foundation
 Offers low-interest loans to Microfinance
institutions (MFIs) around the world
 Since 1997 the DBMDF has invested USD 4,2
million in loans to 40 MFIs in 25 countries with
a cumulative impact of nearly USD 55 million
 Debt Fund launched in 2005
 Innovative public-private partnership
 Manager: Deutsche Bank Community
Development Finance Group
 Institutional partners: banks, pension
funds, insurance companies, mutual
funds, development agencies
 Total capitalization of USD 75 million
 Initial portfolio of financings, totaling
USD 30 million
Win-win situations for all stakeholders
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Shareholders
Customers
 Stock exchanges, rating agencies and research
institutes reward sustainable trade.
That contributes to the business success of
Deutsche Bank.
 Our customers benefit from product innovations
and services which arise from sustainable
business.
Staff
Society
 Our colleagues are the basis for sustainable
trade, which also guarantees them an equitable
working environment.
 Active participation and problem-solving
oriented dialogues in international
partnerships are the expression of our global
responsibility as a “Corporate Citizen“.
Cautionary statement regarding forward-looking statements and
non-U.S. GAAP financial measures
This presentation contains forward-looking statements. Forward-looking statements are statements that are not historical
facts; they include statements about our beliefs and expectations. Any statement in this presentation that states our
intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement.
These statements are based on plans, estimates and projections as they are currently available to the management of
Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no
obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could
therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors
include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we
derive a substantial portion of our trading revenues, potential defaults of borrowers or trading counterparties, the
implementation of our management agenda, the reliability of our risk management policies, procedures and methods,
and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described
in detail in our SEC Form 20-F of 23 March 2006 on pages 7 through 13 under the heading "Risk Factors." Copies of this
document are readily available upon request or can be downloaded from www.deutsche-bank.com/ir.
This presentation contains non-U.S. GAAP financial measures. For a reconciliation to directly comparable figures
reported under U.S. GAAP refer to the 1Q2006 Financial Data Supplement, which is accompanying this presentation
and available on our Investor Relations website at www.deutsche-bank.com/ir.
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