Balance sheet

Balance sheet

Assets

(€ million)31.12.201431.12.2013
1INTANGIBLE ASSETS 8,601 9,352
1.1Goodwill 6,617 7,163
1.2Other intangible assets 1,983 2,189
2TANGIBLE ASSETS 4,610 4,786
2.1Land and buildings (self used) 2,797 2,879
2.2Other tangible assets 1,814 1,907
3AMOUNTS CEDED TO REINSURERS FROM INSURANCE PROVISIONS 4,378 4,875
4INVESTMENTS 427,191 384,645
4.1Land and buildings (investment properties) 12,628 12,828
4.2Investments in subsidiaries, associated companies and joint ventures 1,284 1,407
4.3Held to maturity investments 2,940 4,115
4.4Loans and receivables 50,780 63,371
4.5Available for sale financial assets 276,498 230,031
4.6Financial assets at fair value through profit or loss 83,061 72,893
of which financial assets where the investment risk is borne by the policyholders and related to
pension funds
67,707 59,116
5RECEIVABLES 12,057 10,915
5.1Receivables arising out of direct insurance operations 7,462 7,584
5.2Receivables arising out of reinsurance operations 1,143 1,082
5.3Other receivables 3,452 2,249
6OTHER ASSETS 35,973 15,651
6.1Non-current assets or disposal groups classified as held for sale 21,304 653
6.2Deferred acquisition costs 1,958 1,957
6.3Deferred tax assets 2,715 2,807
6.4Tax receivables 2,825 2,866
6.5Other assets 7,172 7,368
7CASH AND CASH EQUIVALENTS 8,508 19,431
TOTAL ASSETS 501,318 449,656

Shareholders'equity and Liabilities

(€ million)31.12.201431.12.2013
1SHAREHOLDERS' EQUITY 24,185 21,404
1.1Shareholders' equity attributable to the Group 23,204 19,778
1.1.1Share capital 1,557 1,557
1.1.2Other equity instruments 0 0
1.1.3Capital reserves 7,098 7,098
1.1.4Revenue reserves and other reserves 7,571 7,276
1.1.5(Own shares) -8 -11
1.1.6Reserve for currency translation differences -239 -252
1.1.7Reserve for unrealized gains and losses on available for sale financial assets 6,498 2,501
1.1.8Reserve for other unrealized gains and losses through equity -943 -306
1.1.9Result of the period 1,670 1,915
1.2Shareholders' equity attributable to minority interests 981 1,627
1.2.1Share capital and reserves 706 1,434
1.2.2Reserve for unrealized gains and losses through equity 93 -34
1.2.3Result of the period 182 227
2OTHER PROVISIONS 1,751 1,768
3INSURANCE PROVISIONS 386,202 345,752
of which insurance provisions for policies where the investment risk is borne by the policyholders and related to pension funds 51,674 45,809
4FINANCIAL LIABILITIES 48,794 62,016
4.1Financial liabilities at fair value through profit or loss 18,374 16,084
of which financial liabilities where the investment risk is borne by the policyholders and related to pension funds 15,886 13,227
4.2Other financial liabilities 30,420 45,932
of which subordinated liabilities 8,315 7,612
5PAYABLES 9,379 8,129
5.1Payables arising out of direct insurance operations 3,553 3,190
5.2Payables arising out of reinsurance operations 557 572
5.3Other payables 5,270 4,367
6OTHER LIABILITIES 31,007 10,586
6.1Liabilities directly associated with non-current assets and disposal groups classified as held
for sale
19,700 648
6.2Deferred tax liabilities 3,706 2,338
6.3Tax payables 1,420 1,607
6.4Other liabilities 6,181 5,993
TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES 501,318 449,656