ALLIANZ GROUP 150 29 Fee and commission income, and income from service activities Net fee and commission income from banking business 30 Other income Of the total fee and commission income, and income from service ac- tivities,  ¤ 2,705 (2002: 2,784; 2001: 1,383) mn are attributable to banking business$^{*) }$and  ¤ 2,815 (2002: 2,816; 2001: 2,429) mn are at- tributable to asset management. *) Net fee and commission income from banking business comprises income from: Other income is comprised of the following items: $^{*)}$After eliminating intra-Group transactions between segments 2003 2002 2001 ¤ mn ¤ mn ¤ mn Fee and commission income 2,705 2,784 1,383 Fee and commission expenses – 461 – 245 – 162 Net fee and commission income 2,244 2,539 1,221 2003 2002 2001 ¤ mn ¤ mn ¤ mn Securities business 1,027 812 713 Underwriting business 104 103 84 Mergers and Acquisitions advisory 110 237 125 Foreign commercial business 64 66 28 Payment transactions (domestic  and foreign) 372 368 167 Other 567 953 104 Net fee and commission income 2,244 2,539 1,221 2003 2002 2001 ¤ mn ¤ mn ¤ mn Foreign currency gains 1,010 664 114 Fees 729 647 473 Income from releasing or reducing  miscellaneous accrued liabilities 433 414 387 Income from reinsurance business 254 190 485 Income from other assets 73 86 101 Gains from the disposal of real  estate used for own activities  and of property, plant and  equipment 29 115 12 Other 1,252 855 600 Total 3,780 2,971 2,172