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Get Microsoft PowerPoint - DiIorio Analyst 1Q2008 Final.ppt

Ghts Loss before income taxes of EUR 0.3 bn, after tax EUR 0.1 bn In CB&S loss before income taxes of EUR 1.6 bn, reflecting mark-downs of EUR 2.7 bn in Leveraged Finance, Commercial Real Estate, Residential Mortgage Backed Securities (Alt-A) Gain from application of fair value option on own debt of EUR 77 m Income before income taxes in stable businesses of EUR 0.7 bn up 7% vs. 1Q2007; net new money in PCAM of EUR 11 bn Net gains on Corporate Investments assets of EUR 0.7 bn Tier I ratio.

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