NOTES TO THE INDIVIDUAL
ITEMS OF THE GROUP
AND COMPANY BALANCE
SHEET
(NLG x 1,000)
1991
1990
Paid-in surplus
Statutory reserve
Other reserves
Exchange differences reserve
74,865
29,087
324,415
(23,999)
74,865
22,026
292,058
(16,912)
404,368
372,037
Individual movements in the reserves were a:
s follows:
Paid-in
surplus
Statutory
reserve
Other
reserves
Exchange
differences
reserve
Total
Position as per January 1, 1991
74,865
22,026
292,058
(16,912)
372,037
Movements due to:
- net exchange differences
- results
- preferred dividend
- dividend
8,111
(1,050)
42,107
(10,800)
1,050
(7,087)
(7,087)
50,218
(10,800)
0
Position as per December 31, 1991
74,865
29,087
324,415
(23,999)
404,368
The paid-in surplus has been recognized for
tax purposes
1991
1990
1. Postbank N.V.
2. AEGON N.V.
92,292
100,000
92,292
100,000
192,292
192,292
Item 1
This loan, placed in 1986, is subordinated in such a manner, that it can be considered
to the part of the company guaranteed capital according to the standards applied by
De Nederlandsche Bank N.V. The conversion rights attached to the subordinated
loan granted by Postbank N.V., at an interest rate of eight percent (8%), have been rescinded.
This loan will be taken over by AEGON N.V. in due course. The loan can be repaid at any
time, since AEGON N.V. has now acquired the majority of the total shares of cumulative
preferred “A” stock in issue. The loan will in any case be repaid commencing not later than
the eleventh year following the payment date.
Item 2
This loan, placed in 1986, with an interest rate of seven percent (7%), is subordinated in
such a manner, that it can be considered to the part of the company guaranteed capital according to the standards
applied by De Nederlandsche Bank N.V.
27
EQUITY RESERVES
SUBORDINATED LOANS
