OTES ON INDIVIDUAL ITEMS IN THE COMPANY AND GROUP
BALANCE
SHEETS
Liability commitments
In accordance with Article 403, Book 2, Title 9 of the
Dutch Civil Code, the company has acknowledged that
it is severally liable for any debts resulting from legal
transactions entered into by firms in which the company
has a 100% interest and which have been specified as
such in the consolidated financial statements.
AEGON N.V. rights to earnings
The rights to earnings stipulated in Article 33 of the
Articles of Incorporation have led to the accrual of
preferential rights to future distributions of earnings
amounting to NLG 346.5 million as per December 31,
1993 (December 31, 1992: NLG 314.8 million)
Dividend rights of holders of
preferred stock
The rights to earnings enjoyed by holders of preferred
stock pursuant to the provisions of Article 33 of the
Articles of Incorporation amounted to NLG 10.8 million
as per December 31, 1993. It is proposed to pay out a
preferred dividend equivalent to the said amount and to
charge it to 'Other reserves'.
Ministry of Finance claim
Notice is given of the fact that, with reference to the
sale of companies with a fiscal replacement reserve in
the early 1980s, the Dutch Ministry of Finance
summoned FGH BANK N.V. and the other companies
involved in this sale in 1993. The Ministry holds all
companies involved severally liable for the taxes not
paid on the said replacement reserves by the purchasers
of these companies. The potential claim amounts to
some tens of millions of guilders. We expect, however,
that we will be able to contest this claim successfully.