Deutsche Postbank Postbank Group in figures 2006 2006 Group Annual Report Jan. 1 – Dec. 31 2006 2005 Consolidated income statement Postbank. More bank. Balance sheet-related revenues ¤m 2,710 2,132 Total income ¤m 4,117 2,831 Administrative expenses ¤m –2,812 –1,886 2006 Group Annual Report Profit before tax ¤m 941 719 Consolidated net profit ¤m 695 492 Total cost/income ratio % 68.3 66.6 Cost/income ratio in traditional banking business % 66.7 63.7 Return on equity1 before tax % 18.9 15.0 Deutsche Postbank AG after tax % 14.0 10.3 Earnings per share ¤ 4.24 3.00 Dec. 31, 2006 Dec. 31, 2005 Consolidated balance sheet Total assets ¤m 184,887 140,280 Customer deposits ¤m 87,663 68,418 Customer loans ¤m 79,388 44,134 Allowance for losses on loans and advances ¤m 1,155 776 Equity ¤m 5,207 5,061 BIS regulatory indicators Tier 1 ratio % 5.5 8.3 Capital ratio % 8.1 10.7 Tier 1 ratio in accordance with Basel II2 % 6.6 – Headcount thousand 21.49 9.24 Long-term ratings Moody's A 1 A 1 Outlook stable stable Standard & Poor's A A Outlook negative negative Fitch A A Outlook stable stable Information on Postbank shares Dec. 31, 2006 Dec. 31, 2005 Share price at the balance sheet date ¤ 63.97 49.00 Share price (Jan. 1 – Dec. 31) high ¤ 65.45 50.84 low ¤ 48.21 32.16 Market capitalization on December, 31 ¤m 10,491 8,036 Number of shares million 164.0 164.0 678 107 017 1 Prior-period figures restated 2 Internal calculation in accordance with the Solvabilitätsverordnung (SolvV – Solvency Ordinance) and the Kreditwesengesetz (KWG – German Banking Act) Deutsche Postbank Postbank Group in figures 2006 2006 Group Annual Report Jan. 1 – Dec. 31 2006 2005 Consolidated income statement Postbank. More bank. Balance sheet-related revenues ¤m 2,710 2,132 Total income ¤m 4,117 2,831 Administrative expenses ¤m –2,812 –1,886 2006 Group Annual Report Profit before tax ¤m 941 719 Consolidated net profit ¤m 695 492 Total cost/income ratio % 68.3 66.6 Cost/income ratio in traditional banking business % 66.7 63.7 Return on equity1 before tax % 18.9 15.0 Deutsche Postbank AG after tax % 14.0 10.3 Earnings per share ¤ 4.24 3.00 Dec. 31, 2006 Dec. 31, 2005 Consolidated balance sheet Total assets ¤m 184,887 140,280 Customer deposits ¤m 87,663 68,418 Customer loans ¤m 79,388 44,134 Allowance for losses on loans and advances ¤m 1,155 776 Equity ¤m 5,207 5,061 BIS regulatory indicators Tier 1 ratio % 5.5 8.3 Capital ratio % 8.1 10.7 Tier 1 ratio in accordance with Basel II2 % 6.6 – Headcount thousand 21.49 9.24 Long-term ratings Moody's A 1 A 1 Outlook stable stable Standard & Poor's A A Outlook negative negative Fitch A A Outlook stable stable Information on Postbank shares Dec. 31, 2006 Dec. 31, 2005 Share price at the balance sheet date ¤ 63.97 49.00 Share price (Jan. 1 – Dec. 31) high ¤ 65.45 50.84 low ¤ 48.21 32.16 Market capitalization on December, 31 ¤m 10,491 8,036 Number of shares million 164.0 164.0 678 107 017 1 Prior-period figures restated 2 Internal calculation in accordance with the Solvabilitätsverordnung (SolvV – Solvency Ordinance) and the Kreditwesengesetz (KWG – German Banking Act) Group Structure* Financial Calendar Deutsche Postbank AG Group Management Finance Product Marketing Branch Sales Lending Financial Markets Services IT/Operations Resources Fiscal year 2007 Wulf von Schimmelmann Henning R. Engmann Wolfgang Klein Hans-Peter Schmid Stefan Jütte Loukas Rizos Mario Daberkow Dirk Berensmann Ralf Stemmer Group Structure Corporate Development Accounting & Sales Monitoring & Credit Management Money, Forex and Capital Operations Control Strategic Projects HR Strategy March 19, 2007 Financials press conference and analysts’ conference on fiscal year 2006 Taxes Credit Management Domestic Markets Investor Relations & Controlling Marketing & CRM Credit Management Treasury Customers & Sales Account Management HR Operations May 10, 2007 Annual General Meeting Research International May 14, 2007 Interim Report for the first quarter, analyst conference call Corporate Risk Controlling Product Management Special Issues Issues and Payments Euro Financial Markets Coordination Communications Investment & Insurance Lending Syndicate Business Operations August 2, 2007 Interim Report for the first half-year, analyst conference call Internal Audit Call Centers, Payments Global Branch Sales HR Management Direct Sales Channels Service Field November 7, 2007 Interim Report for the third quarter, analyst conference call Strategic Third-Party Sales Accounts & Services Direct Sales Legal Affairs Investments Service Field No responsibility is taken for the correctness of this information – the right is reserved to make changes at short notice. Sales Support Credit Services Real Estate Management Loans Employees and Trustee Customers Deutsche Postbank Betriebs-Center für BHW Holding AG Postbank Postbank PB Capital Postbank Systems AG International S.A., Banken Deutschland Finanzberatung AG Filialvertrieb AG Corporation, New York Contacts Luxembourg GmbH & Co. KG Deutsche Postbank Published by Design and layout PB Versicherung AG BHW Postbank Vermögensmanagement Bausparkasse AG Leasing GmbH Deutsche Postbank AG EGGERT GROUP, Düsseldorf S.A., Luxembourg Head Office Investor Relations Photography Deutsche Postbank PB Lebens- BHW Bank AG PB Factoring GmbH Privat Investment Friedrich-Ebert-Allee 114–126 Frank Schemmann versicherung AG Kapitalanlage GmbH 53113 Bonn, Germany Aleksander Perkovic (p. 4/5) Postfach 40 00 Kurt Steinhausen (p. 3) Deutsche Postbank BHW Lebens- BHW Immobilien PB Firmenkunden AG 53105 Bonn, Germany Financial Services versicherung AG GmbH GmbH Phone: +49 (0) 228-9 20-0 Printing Grafischer Betrieb Gieseking, BHW Home Investor Relations Bielefeld Finance Ltd., India Phone: +49 (0) 228-9 20-180 03 Coordination/editing E-mail: [email protected] Postbank www.postbank.com/ir Investor Relations Milestones 2006 Translation Deutsche Post Foreign Language ■ Multi-channel sales decisively strengthened through ■ Consolidation of activities in Luxembourg: ■ November 22, 2006: Announcement of the acquisition Service et al. – the acquisition of 850 Deutsche Post retail outlets In May 2006, inclusion of branch in Deutsche of payment transaction settlement for Milestones 2006 – the purchase of BHW Holding AG, Hamelin Postbank Int. S.A. (PBI) HypoVereinsbank AG, Munich, starting on January 1, This Annual Report is printed on 100 % recycled paper. 2007: Market share in transaction banking now ■ Postbank now no. 1 in Germany in private mortgage ■ July 17, 2006: Establishment of Postbank over 20 % lending, with portfolio amounting to ¤62.3 billion Finanzberatung AG and, with it, the integration This Annual Report contains forward-looking statements that relate to macroeconomic developments (in particular the development of money and ■ capital market rates), the business and the net assets, financial position and results of operations of the Postbank Group. Forward-looking statements of the mobile sales forces of BHW and Postbank Focus on the core markets: Fourth quarter sale of are not historical facts and are in some instances indicated by words such as “believe”, “anticipate”, “predict”, “plan”, “estimate”, “aim”, ■ With 14.6 million customers, largest single institution – Modrá Pyramida home loan and savings bank, “expect”, “assume” and similar expressions. Forward-looking statements are based on the Company’s current plans, estimates, projections and fore- among German banks ■ September 18, 2006: Admission to the DAX® Czech Republic casts and are therefore subject to risks and uncertainties that could cause actual development or the actual results or performance to differ materially from the development, results or performance expressly or implicitly assumed in these forward-looking statements. stock index of the 30 most important listed – BHW Rückversicherung, Luxembourg companies in Germany Readers of this Annual Report are expressly cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this Annual Report. Deutsche Postbank AG does not intend and does not undertake any obligation to revise these forward-looking state- ments. *including selected subsidiaries The English version of the Group Annual Report constitutes a translation of the original German version. Only the German version is legally binding. Group Structure* Financial Calendar Deutsche Postbank AG Group Management Finance Product Marketing Branch Sales Lending Financial Markets Services IT/Operations Resources Fiscal year 2007 Wulf von Schimmelmann Henning R. Engmann Wolfgang Klein Hans-Peter Schmid Stefan Jütte Loukas Rizos Mario Daberkow Dirk Berensmann Ralf Stemmer Group Structure Corporate Development Accounting & Sales Monitoring & Credit Management Money, Forex and Capital Operations Control Strategic Projects HR Strategy March 19, 2007 Financials press conference and analysts’ conference on fiscal year 2006 Taxes Credit Management Domestic Markets Investor Relations & Controlling Marketing & CRM Credit Management Treasury Customers & Sales Account Management HR Operations May 10, 2007 Annual General Meeting Research International May 14, 2007 Interim Report for the first quarter, analyst conference call Corporate Risk Controlling Product Management Special Issues Issues and Payments Euro Financial Markets Coordination Communications Investment & Insurance Lending Syndicate Business Operations August 2, 2007 Interim Report for the first half-year, analyst conference call Internal Audit Call Centers, Payments Global Branch Sales HR Management