Additional information 348 Quarterly results – unaudited 2013 2012 First  Quarter Second  Quarter Third  Quarter Fourth  Quarter Full Year First  Quarter Second  Quarter Third  Quarter Fourth  Quarter Full Year Underlying earnings before  tax Life 240 264 279 233 1,014 229 268 312 259 1,068 Individual savings and  retirement products 120 129 134 123 507 125 116 105 144 490 Pensions 82 88 105 110 386 91 94 98 69 352 Non-life 8 (7) 6 4 12 9 (1) (2) 9 15 Distribution 4 4 2 6 16 6 4 (1) 6 15 Asset Management 23 26 24 23 95 29 23 25 24 101 Other (38) (35) (25) (11) (109) (64) (55) (50) (55) (224) Share in underlying earnings  before tax of associates 6 9 6 3 24 14 8 7 5 34 Underlying earnings  before tax 445 478 531 491 1,945 439 457 494 461 1,851 Fair value items (286) (270) (493) (260) (1,309) 148 82 (142) (77) 11 Realized gains/(losses) on  investments 113 82 202 104 502 45 85 128 149 407 Impairment charges (17) (57) (45) (1) (121) (41) (42) (35) (58) (176) Other income/(charges) (4) 27 (42) (33) (52) (17) (254) 3 106 (162) Run-off businesses (14) 13 1 14 14 (2) 7 12 (15) 2 Income before tax 237 273 154 315 979 572 335 460 566 1,933 Income tax (33) (30) 73 (141) (130) (47) (86) (83) (135) (351) Net income / (loss) 204 243 227 174 849 525 249 377 431 1,582 Net underlying earnings 323 361 495 361 1,541 338 346 383 357 1,424 Underlying earnings before  tax Americas 312 360 371 327 1,369 303 349 362 352 1,366 The Netherlands 85 74 85 110 355 81 74 85 85 325 United Kingdom 24 27 26 21 98 30 26 27 27 110 New Markets 62 52 74 49 236 88 64 70 52 274 Holding and other activities (38) (35) (25) (15) (113) (63) (56) (50) (55) (224) Underlying earnings  before tax 445 478 531 491 1,945 439 457 494 461 1,851 Gross deposits (on and  off balance sheet) 10,004 12,670 11,024 10,632 44,330 11,043 9,757 9,426 9,246 39,472 Net deposits (on and off  balance sheet) 591 2,912 2,933 1,876 8,312 1,079 811 1,325 390 3,605 New life sales Life single premiums 1,491 1,652 1,282 2,085 6,510 1,160 1,068 1,125 2,058 5,411 Life recurring premiums  annualized 350 355 283 271 1,260 329 321 293 471 1,414 Total recurring plus 1/10  single 499 520 412 480 1,911 445 428 405 677 1,955 New premium production  accident & health insurance 225 173 167 181 746 195 187 190 196 768 New premium production  general insurance 14 14 16 18 61 14 13 12 16 55 Annual Report 2013