CONSOLIDATED INCOME STATEMENTS In accordance with Dutch Accounting Principles Amounts in EUR millions Note number 2003 2002 2001 TECHNICAL ACCOUNT LIFE INSURANCE PREMIUMS FOR OWN ACCOUNT Gross premiums 16,209 17,741 18,281 Premiums to reinsurers (1,763) (1,977) (1,257) 20 14,446 15,764 17,024 INVESTMENT INCOME 22 7,063 8,018 8,866 FEES AND COMMISSIONS 23 980 676 473 INVESTMENT INCOME FOR ACCOUNT  OF POLICYHOLDERS  12,858 (11,524) (9,515) BENEFITS AND SURRENDERS OWN ACCOUNT Benefits to policyholders Gross (10,269) (11,490) (11,218) Reinsurers’ share 794 765 883 (9,475) (10,725) (10,335) CHANGE IN OTHER TECHNICAL PROVISIONS OWN ACCOUNT Provision for life insurance Gross (20,449) 3,283 94 Reinsurers’ share 1,577 1,197 889 (18,872) 4,480 983 Other technical provisions 0 (5) (39) (18,872) 4,475 944 PROFIT SHARING AND REBATES 26 (171) (189) (248) OPERATING EXPENSES 27 (3,874) (3,548) (3,233) INVESTMENT CHARGES 28 (217) (271) (242) OTHER TECHNICAL CHARGES OWN ACCOUNT 29 (526) (862) (415) 2,212 1,814 3,319 INVESTMENT INCOME ALLOCATED TO THE NON-TECHNICAL ACCOUNT 30 (848) (1,030) (1,011) RESULT TECHNICAL ACCOUNT LIFE 1,364 784 2,308 For notes: see page 108 and following. AEGON GROUP ANNUAL REPORT 2003 81