AEGON NV | CIK:0000769218 | 3

  • Filed: 3/23/2018
  • Entity registrant name: AEGON NV (CIK: 0000769218)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/769218/000119312518093078/0001193125-18-093078-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/769218/000119312518093078/aeg-20171231.xml
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  • ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory

    15 Impairment charges / (reversals)

     

    Impairment charges / (reversals) comprise:    2017     2016     2015  

    Impairment charges on financial assets, excluding receivables

         74       117       95  

    Impairment reversals on financial assets, excluding receivables

         (32     (58     (119

    Impairment charges and reversals on non-financial assets and receivables

         -       36       1,275  

    Total

         42       95       1,251  

    In 2015, impairment charges and reversals on non-financial assets and receivables include a charge of EUR 1,274 million mainly related to deferred acquisition costs in the UK. Recoverability of capitalized deferred policy acquisition costs was affected by the restructuring of the organization.

     

    Impairment charges on financial assets, excluding receivables, from:    2017     2016     2015  

    Shares

         2       1       4  

    Debt securities and money market instruments

         17       53       32  

    Loans

         50       23       37  

    Investments in associates

         4       7       -  

    Investments in joint ventures

         -       -       21  

    Other

         -       33       -  

    Total

         74       117       95  
          
    Impairment reversals on financial assets, excluding receivables, from:    2017     2016     2015  

    Debt securities and money market instruments

         (17     (42     (109

    Loans

         (13     (14     (9

    Other

         (2     (2     -  

    Total

         (32     (58     (119

    For more details on impairments on financial assets, excluding receivables, refer to note 4 Financial risks.