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Significant accounting policies (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Reconciliation Between IFRS and IFRS-EU

A reconciliation between IFRS and IFRS-EU is included in the table below.

 

                       Shareholders’ equity     

 

        Net income                      

 
           2018               2017                 2016               2018                   2017               2016     

In accordance with IFRS

      19,225           20,288             20,520           711           2,469           438     

Adjustment of EU ‘IAS 39’ carve-out

      399           368             510           31           (142)          195     

Tax effect of the adjustment

      (81)          (83)            (117)          3           34           (47)    

Effect of the adjustment after tax

      318           285             393           34           (108)          149     

In accordance with IFRS-EU

      19,543           20,573             20,913           744           2,361           586     
Summary of Change in Fair Value

The table below presents an overview of the fair value of the classes of financial assets as of December 31, 2018, as well as the change in fair value during the reporting period. The asset classes are divided into two categories:

◆   SPPI: assets of which cash flows represent solely payments of principal and interest on an outstanding principal amount, excluding any financial assets that meet the definition of held for trading in IFRS 9, or that are managed and whose performance is evaluated on a fair value basis; and
◆   Other: all financial assets other than those specified in SPPI:
  ◆   with contractual terms that do not give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding;
  ◆   that meet the definition of held for trading in IFRS 9; or
  ◆   that are managed and whose performance are evaluated on a fair value basis.

 

Financial assets at fair value            Fair value at the
end of the
reporting period		      Change in fair
value during the
reporting period		  

Shares

      SPPI                68        (2 ) 
     Other                2,092        87  

Debt securities

      SPPI                76,283        (2,997 ) 
     Other                4,970        (123 ) 

Money Markets and other short-term investments

      SPPI                3,126     

 

-

 
     Other                3,181        -  

Mortgage loans

      SPPI                39,758        (1,213 ) 
     Other                -     

Private loans

      SPPI                4,452        (63 ) 
     Other                42        (5 ) 

Deposits with financial institutions

      SPPI                141        -  
     Other                -        -  

Policy loans

      SPPI                -     
     Other                1,973        -  

Other financial assets

      SPPI                111        -  
       Other                3,637        (210 ) 

At December 31

               139,834        (4,525 ) 
Summary of Credit Risk Exposure
SPPI compliant financial assets with no low credit risk    Carrying amount      Fair value    

Shares – Carried at fair value

      26        26    

Debt securities – Carried at fair value

      4,035        4,035    

Money market and other short-term investments – Carried at fair value

      -        -    

Mortgage loans – Carried at amortized cost

      28,661        31,711    

Private loans – Carried at amortized cost

      1,189        1,225    

Deposits with financial institutions – Carried at amortized cost

      70        70    

Other financial assets – Carried at fair value

      106        106    

At December 31

      34,087        37,173