in € millions | 12/31/2016 | 12/31/2015 |
---|---|---|
Profit participation capital 1992 | 23 | 23 |
Profit participation capital 2001 | 390 | 390 |
413 | 413 |
The market value of the 2001 profit participation certificates with a closing rate of 319.00 percent on the last day of trading in the past financial year on the Frankfurt Stock Exchange was €907 million (previous year: €903 million with a rate of 317.50 percent) and, correspondingly, €32 million for the 1992 profit participation certificates with a rate of 190.00 percent (previous year: €29 million with a rate of 172.00 percent). The market values are based on level 1 of the fair value hierarchy.
Further information on profit participation capital is presented in detail in the Combined Management Report.