Investor Relations - Other Disclosures

(35) Contingent receivables and liabilities, and guarantee obligations

Contingent receivables and liabilities, and guarantee obligations Contingent receivables were stated as € 76 million as of December 31, 2010, and mainly comprise a claim for a refund of investment grants which had been paid.

(37) Infrastructure and transport contracts

The following notes and information refer to the requirements of SIC-29 (Disclosure – Service Concession Arrangements).

(39) Events after the balance sheet date

At the end of January 2010, agreement in the wage-bargaining negotiations 2010 was reached with the Eisenbahn- und Verkehrsgewerkschaft (EVG) trade union.

(41) List of Shareholdings

The list of shareholdings is set out on the following pages.

Supervisory Board

(36) Other financial obligations

Capital expenditures in relation to which the company has entered into contractual obligations as of the balance sheet date, but for which no consideration has yet been received, are broken down as follows:

(38) Related-party disclosures

The following parties are deemed to be related parties of DB Group in accordance with IAS 24 (Related-Party Disclosures):

(40) Exemption of subsidiaries from the disclosure requirements

The following subsidiaries intend to utilize the possibility of Section 264 (3) German Commercial Code (Handelsgesetz buch; HGB) and not disclose their financial statements: