Historical Association of Deutsche Bank
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Report for theYear 1977 Deutsche Bank Aktiengesellsc t~aft Deutsche Bank at a glance 1977 1976 Business volume .................. DM 78.7 bn. DM 67.8 bn. Balance sheet total ................. DM 78.6 bn. DM 67.4bn. Funds from outside sources ............ DM 72.4 bn. DM 62.0 bn. Total credit extended ................ DM 45.3 bn. DM 41.7 bn. Own funds ...................... DM 3,450.0 m. DM 3,100.0 m. Earnings on business volume ........... Earnings on services ................ Staff and other aperating expenses ........ Taxes ......................... Net income for the year ............... Transfers to disclosed reserves .......... Total dividend payment ............... Dividend per share of DM 50 par value ...... Shareholders ..................... Staff ......................... Customers (excl. banks) .............. Offices ........................ Group Business volume .................. DM 124.5 bn. DM 105.9 bn. Balance sheet total ................. DM 124.2 bn. DM 105.2 bn. Funds from outside sources ............ DM 115.7 bn. DM 97.9 bn. Total credit extended ................ DM 83.7 bn. DM 73.7 bn. Own funds ...................... DM 4,003.0 m. DM 3,522.4 m. Staff ......................... 40,614 40,772 Offices ........................ 1,279 1,281 Contents Deutsche Bank at a glance .................................. 2 Agenda for the Ordinary General Meeting ........................ 5 Supervisory Board .......................................... 7 Advisory Board ............................................ 8 Board of Managing Directors ................................ 9 Managers ................................................ 10 Report of the Board of Managing Directors Economic Survey ........................................„ 11 Our Bank's Business ........................................ 29 Our Staff ................................................ 43 Notes on the Statement of Accounts for the Year .................. 51 Growth of Capital and Reserves .............................. 65 Report of the Supervisory Board .............................. 67 Statement of Accounts for 1977 Annual Balance Sheet .................................. .. .. 70 Profit and Loss Account .................................... 72 Development of the Balance Sheet from January 1. 1952 until Decernber31. 1977 .................................... 74 Report of the Group for 1977 Report of the Group ........................................ 79 Consolidated Balance Sheet .................................. 94 Consolidated Profit and Loss Account .......................... 98 Developrnent of the Consolidated Balance Sheet 1967-1 977 .................................... 103-108 Appendices List of Deutsche Bank's subsidiaries. associated companies and trade investments .................................... 109 Security issuing. other syndicate transactions and listings on the stock exchange .......................... 113 Regional Advisory Councils .................................. 119 List of branches ............................................ 141 Holdings in German banks and other German credit institutions ...... 145 Our bases throughout the world .............................. 146 EBlC Group ............................... ... ............. 147 Agenda for the Ordinary General Meeting to be held on Thursday, May 18,1978, 10 a.m., at the Kongresshalle Berlin, John-Foster-Dulles-Allee 10, Bcrlin 21. 1. Presentation of the established Statement of Accounts and the Reports of the Board of Managing Directors and the Supervisory Board for the 1977 financial year Presentation of the Consolidated Statement of Accounts and the Report of the Group for the 1977 financial year 2. Resolution on the appropriation of profits 3. Ratification of the acts of management of the Board of Managing Directors for the 1977 financial year 4. Ratification of the acts of management of the Supervisory Board for the 1977 financial year 5. Election of the auditor for the 1978financial year 6. Alteration of the Articles of Association 7. Election of the Supervisory Board Honorary President Hermann J. Abs, Frankfurt (Main) Supervisory Board Franz Heinrich Ulrich, Düsseldorf, Chairman Dipl.-lng. Dr.-lng. E. h. Helrnut Meysenburg, Essen Hans L. Merkle, Stuttgart, Deputy Chajrrnan Josef Pfaff, Cologne* Chairman of the Management Deutsche Bank AG of Robert Bosch GmbH Dr. h. C. Herbert Quandt, Bad Homburg V d Höhe Heinz Osterwind, Frankfurt (Main), Deputy Chairman Chairman of the Board of Managing Directors of ALTANA AG Konrad Reeb, Munich' Jutta Binner, Berlin* Deutsche Bank AG Berliner Disconto Bank AG Marion Schardt, Essen* Professor Dr. J. R. M. van den Brink, Arnsterdam Deutsche Bank AG Chairman of the Supervisory Board of AKZO N. V. Dr. Peter von Siemens, Munich Dr. Helmut Fabricius, Weinheim (Bergstrasse) Chairman of the Supervisory Board of Siemens AG Chairman of the Partners' Cotnmittee of Frcudenberg & Co. Gisela Töffling, Hamburg" Deutsche Bank AG Dr. Hans Feith, Frankfurt (Main) Dipl.-Kfm. Günter Vogelsang, Düsseldorf Dr. Friedrich Karl Flick, Düsseldorf-Oberkassel Partner and Managing Director of Friedrich Flick Lothar Wacker, Cologne' Industrieverwaltung KGaA Deutsche Bank AG Jörg A. Henle, Duisburg Hannelore Winter, Düsseldorf Partner and Managing Director of Klöckner & Co. Housewife Dr.-lng. E. h. Heinz P. Kemper, Düsseldorf Gerhard Zietsch, Mannheim* Honorary President of VEBA AG Deutsche Bank AG ' elected by the staff Advisory Board Otto Wolff von Amerongen, Cologne, Dr.-lng. Günther Klätte, Essen Chairman Member of the Board of Managing Directors Chairman of the Board of Managing Directors of Rheinisch-Westfälisches Elektrizitätswerk AG of Otto Wolff AG Dr. Wolfgang Schieren, Munich, Reinhard Mohn, Gütersloh Deputy Chairman Chairman of the Board of Managing Directors Chairman of the Board of Managing Directors of Bertelsmann AG of Allianz Versicherungs-AG Wilfrid Baumgartner, Paris (up to May 11, 1977) Dr. Heribald Närger, Munich Honorary President of Rh6ne-Poulenc S.A. Member of the Board of Managing Directors of Siemens AG Rudolf von Bennigsen-Foerder, Düsseldorf Chairtnan of the Board of Managing Directors of VEBA AG Dr. Egon Overbeck, Düsseldorf Chairnian of the Board of Managing Directors Dr. Horst Brandt, Frankfurt (Main) of Mannesmann AG Deputy Chairman of the Board of Managing Directors of Allgemeine Elektricitäts-Gesellschaft AEG-TELEFUNKEN Professor Dr. rer. nat. Matthias Seefelder, Ludwigshafen (Rhein) Roger Fauroux, Neuilly-sur-Seine (from May 11, 1977) Chairman of the Board of Managing Directors President arid Mariaging Director, Saint-Gobain lndustries of BASF AG Professor Dr. Dipl.-Chem. Herbert Grünewald, Leverkusen Casirnir Prinz Wittgenstein, Frankfurt (Main) Chairman of the Board of Managing Directors Deputy Chairman of the Board of Managing Directors of BAYER AG of Metallgesellschaft AG Dr.-lng. Dr. rer. nat. h. C. Konrad Henkel, Düsseldorf Professor Dr. Joachim Zahn, Stuttgart-Untertürkheim Partner and Chairman of the Management Chairman of the Board of Managing Directors of Henkel KGaA of Daimler-Benz AG Board of Managing Directors Horst Burgard F. Wilhelm Christians Robert Ehret Wilfried Guth Alfred Herrhausen Eckart van Hooven Andreas Kleffel Hans Leibkutsch Klaus Mertin Hans-Otto Thierbach Hilmar Kopper, Deputy (from January 25,1977) Herbert Zapp, Deputy (from January 25, 1977) Assistant Managers Managers General of the of the Managers Central Office Regional Head Branches Werner Blessing Georg Behrendt Bielefeld Hamburg Dr. Siegfried Gropper Dr. Helmut Bendig Ernst Cremer Christoph Könneker Dr. Siegfried Jensen Helmut von der Bey Dr. Lothar Gruss Hans-Kurt Scherer Christoph Könneker Erich Bindert Ulrich Stucke Dr. Hans-Dieter Bartels Heinrich Kunz Michael von Brentano Lothar Zelz Dr. Harald P. Burchard Ernst H. Plesser Dr. Rolf-Ernst Breuer Walter Friesecke Hans-Kurt Scherer Ulrich Cutik Heinrich Garbe Dr. Winfried Werner. Robert Dörner Bremen Günther Hoops Chief Syndic Helmut Eckermann Dr. Roland Bellstedt Johann Pfeiffer Dr. Karl Friedrich Woeste Dr. Klaus Gaertner Peter Hartmann Dr. Peter Grasnick Rudolf Habicht Hanover Dr. Ulrich Hoppe Wolfgang Büsselberg Cologne Dr. Heyko Linnemann Eberhard Knorr Dr. Walter Barkhausen Werner Rissmann Gerhard Koeniy Dr. Franz von Bitter Dr. Dieter Wefers Paul Körtgen Dr. Karl-Heinz Böhringer Ernst Georg Kummer Wilhelm Clemens Richard Lehmann Karl-Heinz Fink Mainz Klaus Leukert Dr. Wolfgang-Dieter Lange Dr. Jan Hiemsch Dr. Walter Lippens Dr. Hans Pütz Dr. Theo Loevenich Herrnann Marx Düsseldorf Dr. Hans Otto Mehl Wolfgang Möller Mannheim Günter Meissner Hans Müller-Grundschok Karlheinz Albrecht Karl Miesel Günter Sengpiel Dr. Michael Endres Axel Osen berg Friedrich Stähler Dr. Fritz Lamb Dr. Hans-Joachim Panten Dr. Rudiger Weber Karlheinz Reiter Karlheinz Pfeffer Heinz G. Rothenbücher Werner Römer Hans Rosentalski Essen Wilhelm Schlaus, Munich Dr. Herbert F. Jacobs Syndic Dr. Siegfried Gropper Dr. Theodor E. Pietzcker Dr. Hans Walter Schlöter Dr. Bernt W. Rohrer Gunter M. Schwärzell Dr. Ernst Schneider, Dr. Hans-Joachim Schniewind Karl Ernst Thiemann Syndic Dr. Hans Sedlmayr Dr. Karl Schneiders Dr. Wolfgang Tillmann Dr. Werner Schwilling Dr. Georg Siara Stuttgart Günter Sonnenburg Frankfurt Hellmut Balle Dr. Ernst Taubner Dr. Ulrich Klaucke Norbert Elsen Dr. Franz-Josef Trouvain Gottfried Michelmann Dr. Nikolaus Kunkel Christian Vontz Dr. Hugo Graf von Walderdorff Paul Leichert Walther Weber Dr. Ulrich Weiss Dr. Olaf Wegner Johann Wieland Wuppertal Claus Wreth Freiburg Dr. Hans Hinrich Asmus Dr. Günther