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## Selected financial data 

The financial results in this Annual Report are based on Aegon’s consolidated financial statements, which have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the European Union. 

Application of the accounting policies in the preparation of the financial statements requires management to apply judgment involving assumptions and estimates concerning future results or other developments, including the likelihood, timing or amount of future transactions or events. There can be no assurance that actual results will not differ materially from those estimates. Accounting policies that are critical to the presentation of the financial statements and that require 

complex estimates or significant judgment are described in the notes to the financial statements. 

A summary of historical financial data is provided in the table below. It is important to read this summary in conjunction with the consolidated financial statements and related notes included elsewhere in this Annual Report. 

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As described in Note 2 of the consolidated financial statements, comparative information related to previous periods was retrospectively restated for the changes in accounting policies on IFRS 10, IFRS 11 and IAS 19. 2 

The consolidated financial statements, comparative information related to previous periods was retrospectively restated for the changes in accounting policies on IAS 19. 3 

Excluded from the income statements prepared in accordance with IFRS are receipts related to investment-type annuity products and investment contracts. 

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As described in Note 2 of the consolidated financial statements, comparative information related to previous periods was retrospectively restated for the changes in accounting policies on IFRS 10, IFRS 11 and IAS 19. 2 

The consolidated financial statements, comparative information related to previous periods was retrospectively restated for the changes in accounting policies on IAS 19. 3 

Includes subordinated borrowings and excludes bank overdrafts. 

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