22 INVESTMENT INCOME Non- Life Non-life technical Total 2003 Income from participations 60 0 13 73 Group companies: Income from other investments Real estate 1 114 1 1 116 Shares 181 1 0 182 Bonds and other fixed rate securities 3,625 261 0 3,886 Loans guaranteed by mortgage 1,006 4 0 1,010 Other loans 1,211 6 19 1,236 Deposits with credit institutions 3 0 0 3 Other financial investments 176 11 1 188 Interest on liquid assets and other 57 4 0 61 Indirect income shares and real estate 630 1 0 631 TOTAL 7,063 289 34 7,386 2002 Income from participations 20 0 19 39 Group companies: Income from other investments Real estate 1 112 5 2 119 Shares 167 3 0 170 Bonds and other fixed rate securities 4,034 292 0 4,326 Loans guaranteed by mortgage 1,201 5 0 1,206 Other loans 1,528 9 25 1,562 Deposits with credit institutions 7 0 0 7 Other financial investments 190 0 1 191 Interest on liquid assets and other 13 3 0 16 Indirect income shares and real estate 746 12 0 758 TOTAL 8,018 329 47 8,394 2001 Income from participations 18 0 60 78 Group companies: Income from other investments Real estate 1 122 2 2 126 Shares 176 6 0 182 Bonds and other fixed rate securities 4,394 297 0 4,691 Loans guaranteed by mortgage 1,338 4 0 1,342 Other loans 1,818 11 31 1,860 Deposits with credit institutions 11 4 0 15 Other financial investments 157 1 0 158 Interest on liquid assets and other 134 9 0 143 Indirect income shares and real estate 698 25 0 723 TOTAL 8,866 359 93 9,318 $^{1 }$Of which allocated internal rent for real estate for AEGON’s own use is EUR 11 million (2002: EUR 14 million and 2001: EUR 17 million), based on current market conditions. AEGON GROUP ANNUAL REPORT 2003 113