ALLIANZ GROUP 154 36 Other expenses Other expenses are comprised of the following: 2003 2002 2001 ¤ mn ¤ mn ¤ mn Overhead expenses –1,129 –1,279 –1,214 Integration expenses –942 –261 –548 Expenses for increasing miscellaneous or accrued liabilities – 671 – 648 – 168 Foreign transaction currency losses – 676 – 624 – 137 Expenses for service activities – 577 – 525 – 971 Fees –388 –286 –281 Expenses resulting from reinsurance business – 348 – 541 – 562 Amortization and impairments of other intangible assets – 261 – 308 – 413 Direct credit to aggregate policy reserves  – 171 – 256 – 257 Amortization of capitalized loyalty bonuses to senior management of the PIMCO Group – 137 – 155 – 173 Fire protection tax – 118 – 104 – 93 Interest on accumulated policyholder dividends – 108 – 110 – 108 Expenses for assistance to victims under joint and several liability and road casualties – 97 – 117 – 127 Other –1,897 – 884 – 1 ,105 Expenses – 7,520 – 6,098 – 6,157 2003 2002 2001 ¤ mn ¤ mn ¤ mn Germany 702 – 765 3,013 Other countries 1,771 – 618 – 1,319 Total 2,473 – 1,383 1,694 2003 2002 2001 ¤ mn ¤ mn ¤ mn Current taxes – 1,510 – 844 – 617 Deferred taxes 1,435 1,686 1,552 Subtotal –75 842 935 Other taxes – 55 – 74 – 74 Total –130 768 861 Group taxes are comprised of the following:  Consolidated Group income before taxes and minority interests is composed as follows: The actual tax charge for the reporting year includes a charge of  ¤ 531 mn (2002: gain of  ¤ 175 mn) relating to prior periods.  Due to the use of tax losses carried forward for which no deferred tax was recognized as an asset, the actual tax charge on earnings di- minished by  ¤ 33 (2002: 31) mn. The recognition of deferred tax claims on losses carried over from earlier periods, for which no de- ferred taxes had yet been recognized or which had been devalued, resulted in deferred tax income of  ¤ 443 (2002: 55) mn. Tax deferrals are recognized if a future reversal of the difference is expected. Deferred taxes on losses carried forward are recognized as an asset if sufficient future taxable profits are available for realiza- tion. Safety margins are used where appropriate. The tax rates used in the calculation of deferred taxes are the ap- plicable national rates, which in 2003, as in 2002, ranged from 12.5 % to 45.5 %. Changes to tax rates already adopted on the balance sheet date are taken into account. For reasons of commensurability and be- cause of our current tax loss situation in Germany, we refrained from applying the increased corporate tax rate of 26.5 %, which was adopted as part of the Flood Victim Solidarity law and concerns the year 2003 only. Of the deferred tax income for the reporting year,  ¤ 272 mn (2002: charge of  ¤ 221 mn) are attributable to the recognition of de- ferred taxes on temporary differences. The change of applicable tax rates due to changes in tax law produced deferred tax income of  ¤ 26 (2002: 16) mn. 37 Taxes