Aegon Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Investments in Debt Securities	56,202	60,890	55,811	59,341	93,900
Investments in Equity & Preferred Securities	19,799	20,140	20,827	17,458	3,382
Policy Loans	-	-	-	-	1,893
Other Investments	201,384	204,054	181,146	166,241	5,686
Total Investments	277,864	285,598	258,272	243,542	156,794
Cash & Equivalents	603	1,088	4,074	3,402	6,889
Reinsurance Recoverable	17,153	16,021	16,608	16,939	21,742
Other Receivables	15,215	16,995	16,419	18,149	10,810
Deferred Policy Acquisition Cost	-	-	-	-	9,303
Separate Account Assets	-	-	-	-	250,999
Property, Plant & Equipment	337	398	408	480	469
Goodwill	313	346	291	316	392
Other Intangible Assets	129	118	101	46	127
Restricted Cash	2,585	2,896	516	3,372	314
Other Current Assets	507	793	1,881	91,211	8,781
Long-Term Deferred Tax Assets	1,894	2,439	2,350	2,433	131
Long-Term Deferred Charges	430	468	427	452	1,200
Other Long-Term Assets	203	230	234	145	933
Total Assets	317,233	327,390	301,581	380,487	468,884
Accrued Expenses	851	894	869	875	1,149
Insurance & Annuity Liabilities	176,739	189,174	179,078	176,804	111,920
Unpaid Claims	-	-	-	-	3,063
Unearned Premiums	-	-	-	-	6,548
Reinsurance Payable	195	303	608	270	5,504
Current Portion of Long-Term Debt	10	37	32	1,150	824
Current Portion of Leases	31	37	34	35	37
Short-Term Debt	1,677	1,898	2,385	107	2,992
Current Income Taxes Payable	-	4	1	10	4
Long-Term Debt	3,532	4,742	4,679	5,314	11,157
Long-Term Leases	156	179	171	175	215
Long-Term Deferred Tax Liabilities	13	64	57	30	1,722
Separate Account Liability	119,095	114,001	96,860	86,282	253,915
Other Current Liabilities	310	433	1,499	89,013	5,726
Other Long-Term Liabilities	4,617	5,729	5,078	8,985	33,314
Total Liabilities	307,738	318,077	292,026	369,553	442,043
Common Stock	229	241	267	319	321
Additional Paid-In Capital	6,854	6,853	6,853	6,853	7,033
Retained Earnings	4,238	4,347	5,099	7,770	12,635
Treasury Stock	-447	-398	-346	-668	-273
Comprehensive Income & Other	-1,464	-1,856	-2,447	-3,516	6,929
Total Common Equity	9,410	9,187	9,426	10,758	26,645
Minority Interest	85	126	129	176	196
Shareholders' Equity	9,495	9,313	9,555	10,934	26,841
Total Liabilities & Equity	317,233	327,390	301,581	380,487	468,884
Filing Date Shares Outstanding	1,513	1,592	1,752	1,975	2,048
Total Common Shares Outstanding	1,513	1,592	1,752	1,975	2,048
Total Debt	5,406	6,893	7,301	6,781	15,225
Net Cash (Debt)	-4,803	-5,805	-3,227	-3,379	-8,336
Net Cash Per Share	-3.08	-3.54	-1.71	-1.67	-4.05
Book Value Per Share	4.98	4.59	4.31	4.50	11.88
Tangible Book Value	8,968	8,723	9,034	10,396	26,126
Tangible Book Value Per Share	4.69	4.30	4.09	4.31	11.63
Machinery	-	-	602	636	679

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.