Corporate Communications vom 15.03.2011
DAB bank publishes its Annual Report 2010
DAB bank publishes its Annual Report 2010 / Preliminary numbers confirmed: Profit before taxes of EUR 28.57 million / Inspiring images of the FC Bayern München basketball team / Shareholder service upgraded with new Fact Sheet
Munich, March 15, 2011
DAB bank published its Annual Report 2010 on today´s date. It can be downloaded from the company´s website. The Annual Report confirms the numbers presented by DAB bank at its annual financial statements press conference in Frankfurt on February 22, 2011. The bank generated a profit before taxes of EUR 28.57 million in its 2010 financial year. The Management Board and Supervisory Board will propose to the annual shareholders´ meeting to be held on May 19, 2011 that the company pay a dividend equal to the entire consolidated unappropriated profit according to IFRS. That corresponds to a dividend of 20 cents per share, which will be paid on a tax-exempt basis again this year. The bank is especially pleased with the number of trades executed in 2010, which were about 10 % higher than the prior-year figure. Furthermore, the trading activity of DAB bank´s customers remained on a very high level also in the first weeks of the new financial year.
Basketball is a major theme of the new Annual Report, which is filled with images of the players of the FC Bayern München basketball team. It should come as no surprise that DAB bank, as principal sponsor, is supporting the team´s effort to be elevated to the German national basketball league ("Mission Advancement"), considering the many parallels between DAB bank and the sport of basketball. DAB bank is a team of bankers who always keep their eye on the ball and passionately put their expertise and innovation capacity to work every day to deliver top-level performance, in order to support the financial advancement of their customers.
DAB bank is continually upgrading its shareholder services. As the latest example, it has introduced a new service, the Fact Sheet, which provides a concise overview of DAB bank, its share and its main financial performance indicators, for the benefit of shareholders and other interested parties. It is available on the company´s website effective immediately.
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