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Consolidated statement of changes in equity of Aegon N.V. - EUR (€)
€ in Millions
Total
Share capital [member]
Retained earnings [member]
Revaluation reserves [member]
Remeasurement of defined benefit plans [member]
Other reserves [member]
Other equity instruments [member]
Reserve of discontinued operations held for sale [member]
Issued capital and reserves [member]
[1]
Non-controlling interests [member]
Beginning balance at Dec. 31, 2019 € 24,433 € 7,536 € 10,374 € 5,873 € (2,397) € 456 € 2,571   € 24,413 € 20
Net result recognized in the income statement (135) [2]   (146)           (146) 11
Items that will not be reclassified to profit or loss:                    
Changes in revaluation reserve real estate held for own use 20     20         20  
Remeasurements of defined benefit plans (360)       (360)       (360)  
Income tax relating to items that will not be reclassified 138     (2) 140       138  
Items that may be reclassified subsequently to profit or loss:                    
Gains / (losses) on revaluation of available-for-sale investments 2,990     2,990         2,990  
(Gains) / losses transferred to income statement on disposal and impairment of available-for-sale investments 13     13         13  
Changes in cash flow hedging reserve (247)     (247)         (247)  
Movements in foreign currency translation and net foreign investment hedging reserves (1,493)     (556) 83 (1,015)     (1,489) (4)
Equity movements of joint ventures 12         12     12  
Equity movements of associates 7         7     7  
Disposal of group assets (8)     0   (7)     (8)  
Income tax relating to items that may be reclassified (616)     (610)   (7)     (616)  
Other 3   2     1     3 0
Total other comprehensive income / (loss) 457 [2]   2 1,607 (137) (1,009)     462 (4)
Total comprehensive income / (loss) 321 [2]   (144) 1,607 (137) (1,009)     316 6
Shares issued   (3) 3              
Issuance and purchase of treasury shares 3   3           3  
Dividends paid on common shares (118) (54) (64)           (118)  
Dividend withholding tax reduction 1   1           1  
Coupons on perpetual securities (38)   (38)           (38)  
Incentive plans 8   10       (3)   8  
Change in ownership non-controlling interest 49                 49
Ending balance at Dec. 31, 2020 24,661 7,480 10,145 7,480 (2,534) (553) 2,569   24,586 75 [3]
Net result recognized in the income statement 2,029 [2]   1,980           1,980 50 [3]
Items that will not be reclassified to profit or loss:                    
Changes in revaluation reserve real estate held for own use (4)     (4)         (4)  
Remeasurements of defined benefit plans 501       501       501  
Income tax relating to items that will not be reclassified (101)     1 (102)       (101)  
Items that may be reclassified subsequently to profit or loss:                    
Gains / (losses) on revaluation of available-for-sale investments (1,173)     (1,173)         (1,173)  
(Gains) / losses transferred to income statement on disposal and impairment of available-for-sale investments (450)     (450)         (450)  
Changes in cash flow hedging reserve (228)     (228)         (228)  
Movements in foreign currency translation and net foreign investment hedging reserves 1,240     447 (65) 848     1,231 9 [3]
Equity movements of joint ventures 25         25     25  
Equity movements of associates (6)         (6)     (6)  
Disposal of group assets 8         8     8  
Income tax relating to items that may be reclassified 372     369   3     372  
Other 16   14           14 3 [3]
Total other comprehensive income / (loss) 200 [2]   14 (1,038) 335 878     188 11 [3]
Total comprehensive income / (loss) 2,229 [2] 0 1,993 (1,038) 335 878 0   2,168 61
Shares issued 1 1             1  
Issuance and purchase of treasury shares (88)   (88)           (88)  
Issuance and redemption of other equity instruments (212)           (212)   (212)  
Dividends paid on common shares (248) (127) (120)           (247) (1)
Coupons on perpetual securities (39)   (39)           (39)  
Incentive plans 7           6   7  
Change in ownership non-controlling interest 61                 61
Ending balance at Dec. 31, 2021 26,372 7,354 11,892 6,442 (2,199) 325 2,363 € 0 26,176 196
Net result recognized in the income statement (1,404)   (1,433)           (1,433) 29
Items that will not be reclassified to profit or loss:                    
Changes in revaluation reserve real estate held for own use (1)   16 (17)         (1)  
Remeasurements of defined benefit plans (43)       (43)       (43)  
Income tax relating to items that will not be reclassified (4)       (4)       (4)  
Discontinued operations that will not be reclassified [4] 703       1,379     (676) 703  
Items that may be reclassified subsequently to profit or loss:                    
Gains / (losses) on revaluation of available-for-sale investments (13,061)     (13,061)         (13,061)  
(Gains) / losses transferred to income statement on disposal and impairment of available-for-sale investments 557     557         557  
Changes in cash flow hedging reserve (192)     (192)         (192)  
Movements in foreign currency translation and net foreign investment hedging reserves 1,073     487 (20) 594     1,061 12
Equity movements of joint ventures (63)         (63)     (63)  
Equity movements of associates 1         1     1  
Disposal of group assets 164     14   150     164  
Income tax relating to items that may be reclassified 2,710     2,722   (12)     2,710  
Discontinued operations that may be reclassified [4] (1,426)     (802)   (14)   (610) (1,426)  
Other 38   38           38  
Total other comprehensive income / (loss) (9,545)   54 (10,293) 1,312 656   (1,286) (9,557) 12
Total comprehensive income / (loss) (10,950)   (1,379) (10,293) 1,312 656   (1,286) (10,991) 41
Shares issued 2 2             2  
Shares withdrawn (4) (4)             (4)  
Issuance and purchase of treasury shares (393)   (393)           (393)  
Issuance and redemption of other equity instruments (1)   (1)           (1)  
Redemption other equity instruments (397)   32       (429)   (397)  
Dividends paid on common shares (347) (180) (167)           (347)  
Coupons on perpetual securities (36)   (36)           (36)  
Incentive plans 4   (5)       9   4  
Change in ownership non-controlling interest (61)                 (61)
Ending balance at Dec. 31, 2022 € 14,190 € 7,172 € 9,944 € (3,851) € (887) € 981 € 1,943 € (1,286) € 14,014 € 176
[1] Issued capital and reserves attributable to owners of Aegon N.V.
[2] Amounts for 2021 and 2020 have been re-presented to reflect the classification of Aegon the Netherlands as held for sale and discontinued operations, refer to note 51 Discontinued operations.
[3] Comparative amounts have been updated to reflect revised disclosure on the change in ownership non-controlling interest.
[4] The lines “Discontinued operations that will not be reclassified” and “Discontinued operations that may be reclassified” include EUR 1,379 million and EUR (816) million respectively of reclassifications from opening reserves to the column “Reserve of discontinued operations held for sale”.