Results of Operations 2005 2004  
  in million in million  
  EUR EUR %
Income by product segment      
Traditional life 823 566 45
Life for account of policyholders 243 304 (20)
Fixed annuities 425 284 50
Variable annuities 130 177 (27)
Institutional guaranteed products 280 367 (24)
Fee — off balance sheet products 33 36 (8)
Reinsurance 105 (88)  
Accident and health insurance 324 325 0
General insurance 55 104 (47)
Banking activities 15 24 (38)
Other (6) 0 0
Interest charges and other (280) (327) (14)
operating earnings before tax 2,147 1,772 21
Gains/(losses) on investments 1,157 1,203 (4)
Impairment charges 14 (183)  
Other non-operating income/(charges) 277 (22)  
Share in profit/(loss) of associates 20 25 (20)
income before tax 3,615 2,795 29
Income tax (885) (537) 65
Minority interest 2 (2)  
Net income1 2,732 2,256 21
       
Income before tax geographically      
       
Americas 2,181 1,698 28
The Netherlands 1,286 1,097 17
United Kingdom 272 220 24
Other countries 248 135 84
Holding and other activities (352) (356) (1)
Eliminations (20) 1  
income before tax 3,615 2,795 29
Income tax (885) (537) 65
Minority interest 2 (2)  
Net income 2,732 2,256 21
  1. Net income refers to net income attributable to equity holders of AEGON N.V.

revenues geographically 2005
          Holdings,  
          other  
    The United Other activities and  
in million EUR Americas Netherlands Kingdom countries eliminations Total
Total life insurance gross premiums 6,629 3,021 5,152 1,277 — 16,079
Accident and health insurance premiums 1,972 191 — 67 — 2,230
General insurance premiums — 443 — 130 — 573
Total gross premiums 8,601 3,655 5,152 1,474 — 18,882
Investment income 5,383 2,184 2,165 157 48 9,937
Fee and commission income 871 325 223 25 — 1,444
Other revenues — — — — 73 73
Total revenues 14,855 6,164 7,540 1,656 121 30,336
             
Number of employees, including agent-employees 14,015 5,698 4,539 2,721 186 27,159