128 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF AEGON N.V.  NOTE 4 The following table shows the credit quality of the gross  balance sheet positions for general account reinsurance assets  specifically: The tables that follow present specific credit risk concentration  information for general account financial assets. 1  Includes investments of Holding and other activities. Credit risk concentration  1  Includes investments of Holding and other activities. Carrying value  2010 Carrying value 2009 AAA 10 214 AA 3,565 3,455 A 1,282 638 Below A 16 156 Not rated 616 490 AT DECEMBER 31 5,489 4,953 Credit risk concentrations – debt  securities and money market  investments  Americas The  Netherlands United  Kingdom New  Markets Total 2010  1 Of which past  due and /  or impaired  assets  ABSs – Collateralized Bond Obligations  (CBOs) 692 754 – – 1,446 43 ABSs – Housing related 1,457 – 433 185 2,075 254 ABSs – Credit cards 2,123 134 – – 2,257 – ABSs – Other 1,983 178 897 19 3,077 78 Residential mortgage backed securities 4,129 1,362 – 1 5,492 703 Commercial mortgage backed securities 6,725 3 371 2 7,101 6 Financial - Banking 5,872 3,312 1,421 350 11,244 76 Financial - Other 14,762 375 1,163 125 16,429 42 Industrial 27,240 1,995 2,092 197 31,524 57 Utility 5,856 360 1,092 115 7,423 11 Sovereign exposure 6,749 10,032 1,729 1,086 19,596 1 AT DECEMBER 31 77,588 18,505 9,198 2,080 107,664 1,271 Credit risk concentrations –  mortgages  Americas The  Netherlands United  Kingdom  New  Markets Total 2010  1 Of which past  due and /  or impaired  assets Agricultural 387 – – – 387 87 Apartment 1,640 – – – 1,640 67 Industrial 1,500 – – – 1,500 106 Offi ce 3,398 37 – – 3,435 63 Retail 1,907 25 – – 1,932 78 Other commercial 373 7 – – 380 24 Residential 60 14,076 – 371 14,507 399 AT DECEMBER 31 9,265 14,145 – 371 23,781 824