AEGON GROUP ANNUAL REPORT 2003 79 2003 2002 Note 2003 2002 USD USD number EUR EUR 17,849 14,924 SHAREHOLDERS’ EQUITY 11 14,132 14,231 2,431 2,106 CAPITAL SECURITIES 12 1,925 2,008 571 646 SUBORDINATED LOANS 13 452 616 20,851 17,676 EQUITY AND SUBORDINATED LOANS 16,509 16,855 TECHNICAL PROVISIONS 14 116,896 106,735 Life insurance 92,554 101,778 1,330 1,043 Unearned premiums and unexpired risks 1,053 995 2,834 2,428 Claims outstanding 2,244 2,315 386 319 Profit sharing and rebates 306 304 667 537 Other technical provisions 528 512 122,113 111,062 Gross 96,685 105,904 (3,554) (3,136) Reinsurers’ share (2,814) (2,990) 118,559 107,926 93,871 102,914 TECHNICAL PROVISIONS WITH INVESTMENTS  FOR ACCOUNT OF POLICYHOLDERS 15 129,048 100,574 Gross 102,176 95,904 (2,636) (1,233) Reinsurers’ share (2,087) (1,176) 126,412 99,341 100,089 94,728 2,214 1,913 PROVISIONS 16 1,753 1,824 5,926 4,044 LONG–TERM LIABILITIES 17 4,692 3,856 29 24 DEPOSITS WITHHELD FROM REINSURERS 23 23 CURRENT LIABILITIES 3,391 2,771 Payables out of direct insurance 2,685 2,642 591 380 Payables out of reinsurance 468 362 3,336 4,469 Amounts owed to credit institutions 2,641 4,262 7,144 6,674 Entrusted savings accounts and deposits 5,656 6,364 4,662 3,656 Other payables 18 3,691 3,486 19,124 17,950 15,141 17,116 2,397 933 ACCRUALS AND DEFERRED INCOME 19 1,898 890 295,512 249,807 TOTAL EQUITY AND LIABILITIES 233,976 238,206 For notes: see page 87 and following.