Consolidated financial statements
Delta Lloyd NV is a public limited liability company (‘naamloze vennootschap’) incorporated and headquartered in the Netherlands. The company’s registered address is Amstelplein 6, 1096 BC Amsterdam. With its subsidiaries (collectively ‘Delta Lloyd Group’) it provides life and pension insurance, long-term savings products, most classes of general insurance, banking and asset management. These activities are carried out through subsidiaries and associates in the Netherlands, Belgium and Germany.
The reporting segments within Delta Lloyd Group are structured based on the above activities. These segments are Life insurance, General insurance, Bank, Asset Management and Other. Further details are provided in section 126.96.36.199. ‘Segment information’.
Until 3 November 2009, London-based Aviva plc indirectly owned Delta Lloyd NV’s entire ordinary share capital. On 3 November 2009 (after exercising the greenshoe option) 41.1% of the ordinary share capital was issued to third parties in a public offering. After Aviva plc reallocated 25 million and 37 million of ordinary shares on 6 May 2011 and 6 July 2012, respectively, and after a few small increases in the number of ordinary shares issued as a result of stock dividends, Aviva plc’s indirect interest in Delta Lloyd fell to 19.4% (2011: 41.9%) of the ordinary share capital and 18.2% (2011: 39.3%) of the voting rights NV on 31 December 2012. Fonds NutsOHRA holds the entire preference share A capital and, therefore, 6.9% (2011: 7.2%) of the voting rights in the General Meeting of Shareholders.
On 8 January 2013, Aviva sold its remaining stake in Delta Lloyd NV to various institutional investors, increasing Delta Lloyd’s free float to approximately 99%.