SEGMENT INFORMATION — REVENUES AND PRODUCTION Amounts in millions 2003 2002 2003 2002 USD USD % EUR EUR % REVENUES 2,006 1,694 18 Life general account single premiums 1,773 1,789 (1) 6,162 5,386 14 Life general account recurring premiums 5,448 5,689 (4) 5,593 5,900 (5) Life policyholders account single premiums 4,945 6,232 (21) 4,573 3,817 20 Life policyholders account recurring premiums 4,043 4,031 0 18,334 16,797 9 Total life insurance gross premiums 16,209 17,741 (9) 2,786 2,697 3 Accident and health insurance premiums 2,463 2,848 (14) 900 726 24 General insurance premiums 796 767 4 22,020 20,220 9 Total gross premiums 19,468 21,356 (9) 8,316 7,903 5 Investment income insurance activities 1 7,352 8,347 (12) 1,381 926 49 Fees and commissions 1,221 978 25 401 394 2 Income from banking activities 354 416 (15) 32,118 29,443 9 Total revenues business units 28,395 31,097 (9) 38 44 (14) Income from other activities 34 47 (28) 32,156 29,487 9 TOTAL REVENUES 28,429 31,144 (9) REVENUES BY PRODUCT SEGMENT 27,430 25,029 10 Life insurance 24,251 26,435 (8) 3,315 3,228 3 Accident and health insurance 2,931 3,409 (14) 972 792 23 General insurance 859 837 3 401 394 2 Banking activities 354 416 (15) 38 44 (14) Other activities 34 47 (28) 32,156 29,487 9 TOTAL REVENUES 28,429 31,144 (9) 14,544 (10,911) INVESTMENT INCOME FOR ACCOUNT OF POLICYHOLDERS 12,858 (11,524) STANDARDIZED NEW PREMIUM PRODUCTION LIFE INSURANCE 7,097 6,677 6 Single premiums 6,274 7,052 (11) 2,169 1,681 29 Recurring premiums annualized 1,918 1,776 8 2,879 2,349 23 TOTAL RECURRING PLUS 1/10 SINGLE 2,545 2,481 3 DEPOSITS 5,220 7,178 (27) Fixed annuities 4,615 7,582 (39) 9,412 9,827 (4) GICs and funding agreements 8,321 10,379 (20) 6,370 9,902 (36) Variable annuities 5,632 10,458 (46) 21,002 26,907 (22) Total 18,568 28,419 (35) 3,279 3,206 2 Savings deposits 2,899 3,386 (14) 24,281 30,113 (19) TOTAL PRODUCTION ON BALANCE SHEET 21,467 31,805 (33) NET DEPOSITS 707 3,394 (79) Fixed annuities 625 3,585 (83) 410 1,026 (60) GICs and funding agreements 363 1,084 (67) 2,464 5,190 (53) Variable annuities 2,178 5,481 (60) 3,581 9,610 (63) Total 3,166 10,150 (69) (998) (318) Savings deposits (882) (336) 2,583 9,292 (72) TOTAL NET DEPOSITS 2,284 9,814 (77) 15 372 (96) INVESTMENT CONTRACTS 13 393 (97) OFF BALANCE SHEET PRODUCTION 13,242 12,196 9 Synthetic GICs 11,707 12,881 (9) 13,020 8,639 51 Mutual funds/Collective Trusts and other managed assets 11,511 9,125 26 26,262 20,835 26 TOTAL PRODUCTION OFF BALANCE SHEET 23,218 22,006 6 714 718 (1) $^{1 }$Of which indirect income on shares and real estate 631 758 (17) AEGON GROUP ANNUAL REPORT 2003 126