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## NOTE 13.3 ACCRUED INCOME 

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EUR 1,932 million of the accrued income is current (2009: EUR 2,166 million). 

## NOTE 14 CASH AND CASH EQUIVALENTS 

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The carrying amounts disclosed reasonably approximate the fair values as at the year end. 

EUR 12.7 billion (2009: EUR 8.9 billion) cash collateral is received of which EUR 891 million (2009: EUR 992 million) is included in cash and cash equivalents. This collateral relates to security lending and repurchase agreements and margins on derivatives transactions. A corresponding liability to repay the cash is recognized in other liabilities (note 28). Refer to note 49 for a discussion of collateral received and paid. Investment of cash collateral received is restricted through limitations on credit worthiness, duration, approved investment 

categories and borrower limits. AEGON earns a share of the spread between the collateral earnings and the rebate paid to the borrower of the securities. Income from security lending programs was approximately EUR 10 million (2009: EUR 16 million; 2008: EUR 47 million). 

The weighted effective interest rate on short-term deposits was 0.44% (2009: 0.49%) and these deposits have an average maturity of 4.75 days (2009: 4.27 days). 

For the purposes of the cash flow statement, cash and cash equivalents comprise the following: 

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The majority of cash is not subject to any restrictions. However, the Dutch Central Bank requires AEGON The Netherlands to hold 2% of its assets relating to banking activities in an account with the Dutch Central Bank. This amount on deposit is 

reassessed on a monthly basis and carries interest at approximately 1.0% (2009: 1.0%). The balance at the end 

of the year was EUR 111 million (2009: EUR 98 million). 

