251 39 Investment contracts 2013 2012 Investment contracts 14,545 17,767 Without  discretionary  participation  features With  discretionary  participation  features Total At January 1, 2013 17,095 672 17,767 Portfolio transfers and acquisitions (80) - (80) Deposits 2,088 - 2,088 Withdrawals (4,661) - (4,661) Investment contracts liabilities released - (185) (185) Interest credited 345 - 345 Fund charges released (6) - (6) Movements related to fair value hedges (127) - (127) Net exchange differences (457) (21) (478) Other (118) - (118) At December 31, 2013 14,079 466 14,545 At January 1, 2012 20,127 719 20,846 Portfolio transfers and acquisitions (17) - (17) Deposits 2,298 - 2,298 Withdrawals (5,618) - (5,618) Investment contracts liabilities released - (68) (68) Interest credited 443 - 443 Fund charges released (9) - (9) Movements related to fair value hedges (72) - (72) Net exchange differences (165) 21 (144) Other 108 - 108 At December 31, 2012 17,095 672 17,767 Investment contracts consist of the following: 2013 2012 Institutional guaranteed products 3,814 6,073 Fixed annuities 5,562 5,979 Savings accounts 4,283 4,385 Investment contracts with discretionary participation features 466 672 Other 420 658 At December 31 14,545 17,767