See accounting policy E.

The amounts due to banks increased from € 2,264 million to € 4,512 million primarily as a result of the acquisition of Aegon NL. There is no significant difference between the carrying amount and the fair value of these liabilities (see chapter 7.7.1.2). The average interest rate for the cash collateral received in 2023 is 3.21% and based on €STR (2022: -0.01% (EONIA / €STR)).

€ 383 million (2022: € 450 million) of cash on the balance sheet has been borrowed by entering into repurchase agreements. The asset recognised for cash collateral paid on repurchase agreements is presented under investments. The liability recognised for cash collateral received on repurchase agreements is presented under due to banks. The entire amount due to banks is expected to be settled less than or equal to twelve months after the balance sheet date. The liability related to cash collateral received on derivate instruments is also included in due to banks.

a.s.r.'s unsecured Revolving Credit Facility (RCF) amounts to € 600 million (2022: € 400 million). The RCF can be used for multiple purposes including investment purposes, balance sheet management and short-term cash flow management. As per the year - end 2023 the RCF is undrawn and fully available.

An amount of € 4,507 million (2022: € 2,264 million) of due to banks is expected to be settled within twelve months after the balance sheet date.