Transform Tomorrow - Aegon

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Investments general account<strong>Aegon</strong>INVESTMENTS GENERAL ACCOUNTUNAUDITEDDecember 31, 2012amounts in EUR millions, except for the impairment dataAmericasTheNetherlandsUnitedKingdomNewMarketsHoldingsand otherTOTALCash / Treasuries / Agencies 17,069 11,861 3,122 1,484 759 34,295Investment grade corporates 37,939 5,125 5,773 1,879 - 50,716High yield (and other) corporates 2,485 39 194 109 - 2,827Emerging markets debt 1,584 - 60 30 - 1,674Commercial MBS 5,227 9 438 147 - 5,821Residential MBS 5,084 1,141 640 322 - 7,187Non-housing related ABS 2,982 1,081 1,055 62 - 5,180Subtotal 72,370 19,256 11,282 4,033 759 107,700Residential mortgage loans 34 19,864 - 349 - 20,247Commercial mortgage loans 6,803 80 - - - 6,883Total mortgages 6,837 19,944 - 349 - 27,130Convertibles & preferred stock 326 - - - - 326Common equity & bond funds 1,169 331 51 45 (2) 1,594Private equity & hedge funds 1,402 367 - 3 - 1,772Total equity like 2,897 698 51 48 (2) 3,692Real estate 1,483 1,912 - 1 - 3,396Other 799 1,071 5 331 - 2,206Investments general account (excluding policy loans) 84,386 42,881 11,338 4,762 757 144,124Policyholder loans 2,073 9 - 28 - 2,110Investments general account 86,459 42,890 11,338 4,790 757 146,234Impairments in basis points (quarterly) 3 1 - 39 - 450
Impairments by asset class<strong>Aegon</strong> general account investmentsQ4 12 impairments / (recoveries) by country unit - IFRS basis (pre-DAC, pre-tax)EUR millions Americas NL UK New Markets TotalABS – Housing - - - - -ABS – Non-housing (1) - - - (1)CMBS 5 - - - 5RMBS 1 - - (0) 1Subtotal structured assets 5 - - (0) 5Corporate – private (0) 10 - (0) 10Corporate – public 3 (8) - 5 (0)Subtotal corporate 3 2 - 5 10Sovereign debt - - - - -Residential mortgage loans - 4 - 11 15Commercial mortgage loans 17 - - - 17Subtotal mortgage loans 17 4 - 11 32Common equity impairments - 4 - - 4Total 25 10 - 16 5151Note: numbers may not add up due to rounding
Page 1 and 2: Transform TomorrowLondon, 21 March
Page 3 and 4: Execute on strategic transformation
Page 5: Our products and services have neve
Page 8: Successfully growing our fee-based
Page 12 and 13: Capture growth in Protection and Ac
Page 14 and 15: Realizing ambition to become a lead
Page 16 and 17: Aegon to cancel all preferred share
Page 18 and 19: All preferred shares exchanged for
Page 20 and 21: Impact on Aegon’s financial metri
Page 22 and 23: Vereniging Aegon agreed to give up
Page 24 and 25: Continued delivery of strong result
Page 26 and 27: Net income benefits from investment
Page 28 and 29: Sales increase demonstrates strengt
Page 30 and 31: Successful repositioning of Spanish
Page 32 and 33: Strong operational free cash flows
Page 34 and 35: Upcoming eventsMarchMayJuneAugustAn
Page 36 and 37: Focus on delivering on targetsAchie
Page 38 and 39: Limited exposure in general account
Page 40 and 41: Gross deposits increases in asset m
Page 42 and 43: Higher underlying earnings• Ameri
Page 44 and 45: The Netherlands• Underlying earni
Page 46 and 47: New Markets• Underlying earnings
Page 48 and 49: Capital allocated to run-off busine
Page 52 and 53: Credit losses in the US trending do
Page 54 and 55: For questions please contact Invest

Transform Tomorrow - Aegon

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