contribution by axa financial to french gaap results supplement full year 2004 for questions and concerns regarding this please contact kevin molloy vice president 212 314 2893 http www com table of contents highlights 2 13 operations adjusted earnings summary segment after tax 14 assets under management 15 consolidating balance sheets 16 non subordinated debt 20 income statements format 21 advisory insurance life & savings us statement including mony twelve months 22 analysis net revenues 23 sales total distribution channel 24 first 25 excluding 26 27 28 29 consolidated product 30 deferred policy acquisition costs 31 future benefits policyholders account balances 33 gmdb gmib reserves
