Balance sheet

Assets
     (€ million) 31.12.2012 31.12.2011  
1   INTANGIBLE ASSETS 9,902 10,434notenote
  1.1 Goodwill 7,222 7,394notenote
  1.2 Other intangible assets 2,681 3,039notenote
2   TANGIBLE ASSETS 5,018 4,906 note
  2.1 Land and buildings (self used) 3,002 3,072notenote
  2.2 Other tangible assets 2,016 1,835note note
3   AMOUNTS CEDED TO REINSURERS FROM INSURANCE PROVISIONS 5,624 5,678notenote
4   INVESTMENTS 374,074 346,655note  
  4.1 Land and buildings (investment properties) 12,899 13,082note note
  4.2 Investments in subsidiaries, associated companies and joint ventures 1,692 1,905note note
  4.3 Held to maturity investments 7,538 5,293notenote
  4.4 Loans and receivables 71,063 77,090note note
  4.5 Available for sale financial assets 212,546 175,649note note
  4.6 Financial assets at fair value through profit or loss 68,337 73,636notenote
    of which financial assets where the investment risk is borne by the policyholders and related to pension funds 53,842 58,312  
5   RECEIVABLES 11,143 11,255note note
  5.1 Receivables arising out of direct insurance operations 8,230 8,196  
  5.2 Receivables arising out of reinsurance operations 976 1,011  
  5.3 Other receivables 1,938 2,048  
6   OTHER ASSETS 14,336 18,569notenote
  6.1 Non-current assets or disposal groups classified as held for sale 15 148 note
  6.2 Deferred acquisition costs 2,323 2,013 note
  6.3 Deferred tax assets 2,314 6,843 note
  6.4 Tax receivables 2,686 2,737 note
  6.5 Other assets 6,998 6,827 note
7   CASH AND CASH EQUIVALENTS 21,647 25,560notenote
    TOTAL ASSETS 441,745 423,057  
Shareholders' Equity and Liabilities
  
      (€ million) 31.12.2012 31.12.2011  
1     SHAREHOLDERS' EQUITY 22,567 18,121note 
  1.1   Shareholders' equity attributable to the Group 19,828 15,486 
    1.1.1 Share capital 1,557 1,557 note
    1.1.2 Other equity instruments 0 0 note
    1.1.3 Capital reserves 7,098 7,098 note
    1.1.4 Revenue reserves and other reserves 8,634 8,154 note
    1.1.5 (Own shares) -403 -403 note
    1.1.6 Reserve for currency translation differences 589 615 note
    1.1.7 Reserve for unrealized gains and losses on available for sale financial assets 2,591 -2,156 note
    1.1.8 Reserve for other unrealized gains and losses through equity -327 -235 note
    1.1.9 Result of the period 90 856 note
  1.2   Shareholders' equity attributable to minority interests 2,740 2,635 note
    1.2.1 Share capital and reserves 2,306 2,404  
    1.2.2 Reserve for unrealized gains and losses through equity 157 -66  
    1.2.3 Result of the period 277 297  
2     OTHER PROVISIONS 1,471 1,386notenote
3     INSURANCE PROVISIONS 336,369 324,990note note
      of which insurance provisions for policies where the investment risk is borne by the policyholders and related to pension funds 41,068 46,850  
4     FINANCIAL LIABILITIES 63,907 59,133 note
  4.1   Financial liabilities at fair value through profit or loss 14,525 14,539notenote
      of which financial liabilities where the investment risk is borne by the policyholders and related to pension funds 12,602 11,340  
  4.2   Other financial liabilities 49,382 44,594note  
      of which subordinated liabilities 7,833 6,611  
5     PAYABLES 8,033 7,607note 
  5.1   Payables arising out of direct insurance operations 3,314 3,578 note
  5.2   Payables arising out of reinsurance operations 646 725 note
  5.3   Other payables 4,073 3,303 note
6     OTHER LIABILITIES 9,397 11,820notenote
  6.1   Liabilities directly associated with non-current assets and disposal groups classified as held for sale 0 0 note
  6.2   Deferred tax liabilities 2,996 5,949 note
  6.3   Tax payables 1,639 1,339 note
  6.4   Other liabilities 4,762 4,532 note
      TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 441,745 423,057