224 Notes to the consolidated financial statements of Aegon N.V.  Note 22 VOBA 22 Investments The movement in VOBA over 2013 can be summarized and compared to 2012 as follows: A geographical summary of the lines of business to which the VOBA is allocated is as follows: Investments for general account comprise financial assets, excluding derivatives, as well as investments in real estate. 1  Refer to note 50 for a summary of all financial assets and financial liabilities at fair value through profit or loss. 2013 2012 At January 1 1,777 2,000 Additions 7 5 Amortization / depreciation through income statement (109) (142) Shadow accounting adjustments 152 (85) Net exchange differences (84) (1) At December 31 1,742 1,777 Americas The  Netherlands United  Kingdom New Markets Total 2013 Life 1,131 1 - 12 1,144 Individual savings and retirement products 131 - - - 131 Pensions 11 36 366 - 414 Distribution - 21 - - 21 Run-off businesses 32 - - - 32 Total VOBA 1,306 58 366 12 1,742 2012 Life 1,141 1 - 11 1,153 Individual savings and retirement products 138 - - - 138 Pensions 14 41 393 - 448 Distribution - 24 - - 24 Run-off businesses 14 - - - 14 Total VOBA 1,307 66 393 11 1,777 Note 2013 2012 Available-for-sale (AFS) 95,635 106,119 Loans 33,409 31,712 Financial assets at fair value through profit or loss (FVTPL)  1) 4,833 5,563 Total financial assets, excluding derivatives 22.1 133,877 143,394 Investments in real estate 22.2 1,532 1,627 Total investments for general account 135,409 145,021 Annual Report 2013