Consolidated financial statements of Aegon N.V. 124 Consolidated statement of financial position of Aegon N.V. As at December 31 1  Amounts for 2012 and January 1, 2012 have been restated for the changes in accounting policies IFRS 10, 11 and IAS 19. Refer to note 2 for details about these  changes. Annual Report 2013 Amounts in EUR million Note 2013 2012  1) January 1,  2012  1) Assets Intangible assets 21 2,246 2,485 2,695 Investments 22 135,409 145,021 142,705 Investments for account of policyholders 23 165,032 152,968 141,663 Derivatives 24 13,531 21,134 15,478 Investments in joint ventures 25 1,427 1,568 1,224 Investments in associates 26 470 771 713 Reinsurance assets 28 10,345 11,965 11,510 Defined benefit assets 43 34 22 18 Deferred tax assets 45 37 93 318 Deferred expenses 29 12,040 11,644 11,394 Other assets and receivables 30 7,357 7,623 8,063 Cash and cash equivalents 31 5,691 9,590 7,995 Total assets 353,621 364,884 343,776 Equity and liabilities Shareholders’ equity 32 19,966 23,488 19,914 Other equity instruments 34 5,015 5,018 4,720 Issued capital and reserves attributable to equity holders of Aegon N.V. 24,981 28,506 24,634 Non-controlling interests 10 13 14 Group equity 24,991 28,519 24,648 Trust pass-through securities 35 135 155 159 Subordinated borrowings 36 44 42 - Insurance contracts 37 100,642 104,004 103,522 Insurance contracts for account of policyholders 38 84,311 76,169 72,559 Investment contracts 39 14,545 17,767 20,846 Investment contracts for account of policyholders 40 82,608 78,418 71,433 Derivatives 24 11,838 18,052 12,900 Borrowings 41 12,020 13,742 11,216 Provisions 42 182 330 444 Defined benefit liabilities 43 3,060 3,550 3,331 Deferred revenue liabilities 44 88 104 103 Deferred tax liabilities 45 2,273 3,109 2,004 Other liabilities 46 16,625 20,594 19,431 Accruals 47 259 329 1,180 Total liabilities 328,630 336,365 319,128 Total equity and liabilities 353,621 364,884 343,776