BALANCE SHEETS OF AEGON N.V. AT DECEMBER 31 Amounts in EUR millions $^{1 }$Excluding dividend on preferred shares of EUR 30 million. For notes: see page 137 and following. AEGON GROUP ANNUAL REPORT 2003 135 Note number 2003 2002 INVESTMENTS GROUP COMPANIES Shares in group companies 1 12,252 12,464 Loans to group companies 2 4,732 5,361 16,984 17,825 OTHER LOANS 3 201 352 17,185 18,177 RECEIVABLES Receivables from group companies 2,863 2,394 2,863 2,394 OTHER ASSETS Liquid assets 34 8 Other assets 29 24 63 32 PREPAYMENTS AND ACCRUED INCOME Accrued interest and rent 277 136 277 136 TOTAL ASSETS 20,388 20,739 SHAREHOLDERS’ EQUITY Share capital 4 238 226 Tax-free paid-in surplus 5 7,116 7,125 Revaluation account 5 2,674 2,598 Other surplus fund 5 2,311 2,765 Net income 1,793 1,517 1 14,132 14,231 PERPETUAL CUMULATIVE SUBORDINATED DEBENTURE LOANS 1,517 1,517 SUBORDINATED LOANS 452 616 EQUITY AND SUBORDINATED LOANS 16,101 16,364 PROVISIONS 80 342 LONG-TERM LIABILITIES 6 2,708 1,618 CURRENT LIABILITIES Amounts owed to credit institutions 1,220 2,198 Other payables 12 135 1,232 2,333 ACCRUALS AND DEFERRED INCOME 267 82 TOTAL EQUITY AND LIABILITIES 20,388 20,739