As a listed company active in the capital market, DVB is obliged to prepare
its consolidated financial statements in accordance with International
Financial Reporting Standards (IFRS).
The single-entity financial statements of DVB Bank SE are prepared in accordance with the German Commercial Code.
The management reports and the consolidated management reports are prepared in line with the structure and criteria set out in German Accounting Standard 20.
In 2014 DVB continued to provide financing solutions and advisory services to its clients in the international transport sector. Consolidated net income before IAS 39 and taxes improved by 10.2% over the previous year, driven by two main factors: a strong increase in net other operating income and expenses – which largely comprises contributions from Investment Management – and the markedly lower allowance for credit losses.
Group results 2014
CEO Wolfgang Driese
© Copyright DVB Bank SE 2015
Most computers will open PDF documents automatically, but you may need to download Adobe Reader.