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Consolidated statement of financial position of Aegon N.V. - EUR (€)
€ in Millions
Dec. 31, 2019
Dec. 31, 2018
Jan. 01, 2018
Assets      
Cash and cash equivalents € 12,263 € 8,744 [1] € 10,768 [1]
Assets held for sale [1]     5,249
Investments 145,976 138,625 [1] 136,804 [1]
Investments for account of policyholders 226,374 194,353 [1] 194,063 [1]
Derivatives 11,157 7,615 [1] 5,912 [1]
Investments in joint ventures 1,983 1,745 [1] 1,712 [1]
Investments in associates 363 327 [1] 308 [1]
Reinsurance assets 20,835 20,507 [1] 19,202 [1]
Defined benefit assets 1   55 [1]
Deferred tax assets 193 125 [1] 79 [1]
Deferred expenses 10,804 10,910 [1] 10,135 [1]
Other assets and receivables 8,841 7,954 [1] 10,002 [1]
Intangible assets 1,559 1,727 [1] 1,633 [1]
Assets 440,348 392,633 [1] 395,923 [1]
Financial fixed assets      
Cash and cash equivalents 12,263 8,744 [1] 10,768 [1]
Assets 440,348 392,633 [1] 395,923 [1]
Equity and liabilities      
Shareholders' Equity 21,850 19,200 [1] 20,266 [1]
Other equity instruments 2,571 3,320 [1] 3,794 [1]
Issued capital and reserves attributable to owners of Aegon N.V. 24,421 22,520 [1] 24,059 [1]
Non-controlling interests 20 22 [1] 20 [1]
Group equity 24,441 22,542 [2] 24,079 [1]
Subordinated borrowings 2,207 1,389 [1] 764 [1]
Trust pass-through securities 136 133 [1] 133 [1]
Insurance contracts 123,454 115,328 [1] 110,848 [1]
Insurance contracts for account of policyholders 135,710 117,113 [1] 122,168 [1]
Investment contracts 18,594 18,048 [1] 16,943 [1]
Investment contracts for account of policyholders 93,826 80,097 [1] 74,434 [1]
Derivatives 11,616 7,230 [1] 7,130 [1]
Borrowings 9,307 12,061 [1] 13,635 [1]
Provisions 214 320 [1] 210 [1]
Defined benefit liabilities 4,360 3,989 [1] 4,005 [1]
Deferred gains 11 12 [1] 13 [1]
Deferred tax liability 1,227 529 [1] 1,021 [1]
Liabilities held for sale [1]     5,003
Other liabilities 14,819 13,454 [1] 15,208 [1]
Accruals 426 388 [1] 329 [1]
Total equity and liabilities 440,348 392,633 [1] 395,923 [1]
Shareholders' equity      
Share capital 323 322  
Revaluation account 5,868 3,436  
Group equity 24,441 22,542 [2] 24,079 [1]
Other equity instruments 2,571 3,320 [1] 3,794 [1]
Deferred tax liability 1,227 529 [1] 1,021 [1]
Subordinated borrowings 2,207 1,389 [1] 764 [1]
Long-term borrowings 4,338 10,682  
Other current liabilities 14,097 13,309  
Total liabilities 415,907 370,091 [1] 371,844 [1]
Total equity and liabilities 440,348 392,633 [1] € 395,923 [1]
Aegon N.V [member]      
Assets      
Cash and cash equivalents 1,032 1,231 [3]  
Assets 27,838 26,186 [3]  
Financial fixed assets      
Shares in group companies 25,045 22,143 [3]  
Loans to group companies 1,337 2,487 [3]  
Investments, Total 26,382 24,630 [3]  
Receivables from group companies 112 35 [3]  
Other receivables 175 137 [3]  
Other current assets 124 137 [3]  
Accrued interest and rent 13 16 [3]  
Receivables 424 325 [3]  
Cash and cash equivalents 1,032 1,231 [3]  
Assets 27,838 26,186 [3]  
Equity and liabilities      
Other equity instruments 2,571 3,320 [3]  
Group equity 21,850 19,200 [3]  
Subordinated borrowings 1,403 1,389 [3]  
Borrowings 1,257 1,292  
Provisions   10  
Deferred tax liability [3]   10  
Total equity and liabilities 27,838 26,186 [3]  
Shareholders' equity      
Share capital 323 322 [3]  
Paid-in surplus 7,213 7,486 [3]  
Revaluation account 6,116 3,540 [3]  
Legal reserves - foreign currency translation reserve 426 130 [3]  
Legal reserves in respect of group companies 1,703 1,326 [3]  
Retained earnings, including treasury shares 7,227 7,536 [3]  
Remeasurement of defined benefit plans of group companies (2,397) (1,850) [3]  
Net income / (loss) 1,239 710 [3]  
Group equity 21,850 19,200 [3]  
Other equity instruments 2,571 3,320 [3]  
Total equity 24,421 22,520 [3]  
Deferred tax liability [3]   10  
Total deferred tax liability [3]   10  
Subordinated borrowings 1,403 1,389 [3]  
Long-term borrowings 1,257 1,292 [3]  
Non-current liabilities 2,660 2,681 [3]  
Short term deposits [3]   82  
Loans from group companies 6 9 [3]  
Payables to group companies 484 582 [3]  
Other current liabilities 236 271 [3]  
Accruals and deferred income 31 31 [3]  
Current liabilities 757 975 [3]  
Total liabilities 3,417 3,666 [3]  
Total equity and liabilities € 27,838 € 26,186 [3]  
[1] Amounts have been restated to reflect voluntary changes in accounting policies related to liability adequacy testing that was adopted by Aegon effective January 1, 2019. Refer to note 2.1.2 Voluntary changes in accounting policies for details about this change.
[2] See note 2.1.1 for details about the impact of adopting IFRS 16 on Leases and note 2.1.2 for details about the impact of voluntary change in accounting policy on Liability Adequacy Testing
[3] Amounts have been restated to reflect voluntary changes in accounting policies related to liability adequacy testing that was adopted by Aegon effective January 1, 2019. Refer to note 2.1.2 Voluntary changes in accounting policies in the consolidated notes for details about this change.