Weighted average common shares outstanding, assuming dilution 7,765,378 9,183,949 9,553,731 9,363,763 5,591,217 Common shares outstanding	 7,546,493 7,545,156 7,785,156 7,641,454 4,876,490
(d)	Includes Medicare supplement premiums of $6.0 million related to the Savers Life acquisition. This business was sold effective July 1, 1998.
* Mortality, morbidity and other factors which may affect the profitability of our insurance products.
Declining interest rates generally have little immediate effect on our investment earnings rates. Over time, as we invest positive cash flows at lower rates, our earned rates decline. In such an environment, we attempt to adjust credited interest rates accordingly, subject to competitive pressures. In most situations, this action allows us to maintain our margins. However, a significant decline in the yield on our investments could adversely affect our results of operations and financial condition.
After purchase, amortization of the asset occurs in proportion to profits emerging from the purchased policies. The asset is amortized over the expected life of the block of business. The percentages of expected net amortization of the beginning balance of the total PVP asset as of December 31, 2001 are expected to be between 8% and 10% in each of the years 2002 through 2006.
Premiums and deposits collected: Traditional life	 $ 9,419 $ 9,432 $ 10,281 Deferred annuities 178,238 94,699 98,678 Equity-indexed annuities 67,159 73,122 59,348 Single premium immediate annuities and other deposits	 76,435 27,802 5,872 Universal and interest-sensitive Life 	 641 866 1,778
* During 2001, fees from separate accounts increased $1.1 million or 15% to $8.9 million. The increase is primarily a result of an increase in the amortization of deferred revenue, and is largely offset by a corresponding increase in the amortization of deferred acquisition costs. Average separate account assets for the 2001 period decreased $5.9 million or 1% to $458.6 million. Actual separate account assets decreased $119.3 million or 23% to $401.1 million.
* During 2000, fees from separate accounts increased $3.8 million or 96%, to $7.7 million. This increase is primarily due to an increase of 82% in the average value of assets held in separate accounts for the period. Actual separate account assets increased $200.5 million or 63%, to $520.4 million.
We anticipate that available cash from our existing working capital, surplus debenture interest, dividends, management fees, rental income and tax sharing payments will be more than adequate to meet our anticipated parent company cash requirements for 2002. The following describes our potential sources of cash in 2002.
* annual distribution rate of 10.25%: distributions may be deferred up to 20 consecutive quarters;
The policies and annuities issued by Standard Life contain provisions that allow policyholders to withdraw or surrender their policies under defined circumstances. These policies and annuities generally contain provisions, which apply penalties or otherwise restrict the ability of policyholders to make such withdrawals or surrenders. Standard Life closely monitors the surrender and policy loan activity of its insurance products and manages the composition of its investment portfolios, including liquidity, to ensure it has sufficient cash resources in light of such activity.