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Condensed financial information of registrant
 12 Months Ended
Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Condensed financial information of registrant
Schedule II
Condensed financial information of registrant
Statement of financial position of Aegon N.V.
As at December 31
 
 
 
 
 
 
 
 
 
 
Before profit appropriation, amounts in EUR million
   
 
            2021
 
                 2020  
Non-current
assets
                 
Financial fixed assets
                 
Shares in group companies
      26,042       24,846  
Loans to group companies
      1,829       1,392  
Other
non-current
assets
      138       148  
    
 
28,009
 
  
 
26,386
 
     
Current assets
                 
Receivables
                 
Receivables from group companies
      35       56  
Other receivables
      181       100  
Other current assets
      90       198  
Accrued interest and rent
      6       9  
    
 
312
 
  
 
363
 
Cash and cash equivalents
                 
Cash and cash equivalents
      1,204       887  
Total assets
   
 
29,524
 
  
 
27,636
 
     
Shareholders’ equity
                 
Share capital
      321       320  
Paid-in
surplus
      7,033       7,160  
Revaluation account
      6,453       7,491  
Legal reserves – foreign currency translation reserve
      258       (601 ) 
Legal reserves in respect of group companies
      2,316       1,710  
Retained earnings, including treasury shares
      7,652       8,617  
Remeasurement of defined benefit plans of group companies
      (2,199 )      (2,534 ) 
Net result
      1,980       (146 ) 
    
 
23,813
 
  
 
22,018
 
Other equity instruments
      2,363       2,569  
Total equity
   
 
26,176
 
  
 
24,586
 
     
Non-current
liabilities
                 
Subordinated borrowings
      1,396       1,345  
Long-term borrowings
      1,266       1,218  
    
 
2,662
 
  
 
2,563
 
     
Current liabilities
                 
Loans from group companies
      7       6  
Payables to group companies
      422       44  
Other current liabilities
      227       406  
Accruals and deferred income
      31       30  
 
   
 
686
 
  
 
486
 
Total liabilities
   
 
 
3,349
 
 
 
  
 
 
3,049
 
 
 
                  
Total equity and liabilities
   
 
29,524
 
  
 
27,636
 
Condensed income statement of Aegon N.V.
For the year ended December 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts in EUR million
   
                2021
                     2020                     2019  
Net result group companies
      2,119       -       1,376  
Other income / (loss)
      (139 )      (146 )      (141 ) 
Net result
   
 
1,980
 
  
 
(146
) 
  
 
1,235
 
Condensed cash flow statement of Aegon N.V.
For the year ended December 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts in EUR million
   
                2021
                     2020                     2019  
Result before tax
   
 
1,926
 
  
 
(185
) 
  
 
1,196
 
Adjustments
      (1,691 )      (330 )      (1,526 ) 
Net cash flows from operating activities
   
 
235
 
  
 
(515
) 
  
 
(330
) 
Dividends and capital repayments of subsidiaries, associates and joint ventures
      500       606       647  
Other
      (3 )      (1 )      (1 ) 
Net cash flows from investing activities
   
 
497
 
  
 
605
 
  
 
646
 
Issuance of perpetuals
      -       -       496  
Issuance of treasury shares
      -       -       1  
Purchase of treasury shares
      (231 )      (59 )      (318 ) 
Issuance and repurchase of borrowings
      197       (58 )      1,074  
Repayment of perpetuals
      (212 )      -       (1,343 ) 
Dividends paid
      (121 )      (63 )      (309 ) 
Coupons on perpetual securities
      (52 )      (55 )      (112 ) 
Net cash flows from financing activities
 
   
 
 
(417
 
) 
 
  
 
 
(235
 
) 
 
  
 
 
(512
 
) 
 
                          
Net increase / (decrease) in cash and cash equivalents
   
 
316
 
  
 
(146
) 
  
 
(196
) 
Five-year schedule of maturities of debt
As at December 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
2021
      2020  
Amounts in EUR million
   
    Subordinated
borrowings
     
Long-term
    Borrowings
          Subordinated
borrowings		      Long-term
    Borrowings		  
Remaining terms less than 1 year
      -        -        -        -  
Remaining terms 1 - 2 years
      -        499        -        -  
Remaining terms 2 - 3 years
      -        -        -        498  
Remaining terms 3 - 4 years
      -        -        -        -  
Remaining terms 4 - 5 years
      -        -        -        -  
Remaining terms longer than 5 years
      1,396        768        1,345        720  
At December 31
   
 
1,396
 
   
 
1,266
 
   
 
1,345
 
   
 
1,218
 
Remittances from and capital contributions to business units
Aegon received EUR 1.0 billion of remittances from its business units during 2021 from the Americas, the Netherlands, United Kingdom, International, and Holdings. Aegon spent EUR 0.1 billion on capital contributions, mainly on International and Asset Management.
Aegon received EUR 0.8 billion of remittances from its business units during 2020 from the Americas, the Netherlands,
United Kingdom, International, and Asset Management. Aegon spent EUR 0.2 billion on capital contributions, mainly on International.
Aegon received EUR 1.2 billion of remittances from its business units during 2019 from the Americas, United Kingdom, International and asset management. Aegon spent EUR 0.4 billion on capital contributions, mainly on International and the Netherlands.