Investor Presentaiton
BOARD OF DIRECTORS' REPORT
Taxonomy-eligible CapEx and OpEx
In the 2021 disclosure, we reported leasing costs for vehicles
as Taxonomy-eligible operational expenditure. After re-
evaluating the criteria, we have categorized vehicle fleet costs
as capital expenditure according to the economic activity 6.5
'Transport by motorbikes, passenger cars and commercial
vehicles' in Annex I. Based on the description of activity 6.5,
we have concluded that the leasing costs of KONE's entire
vehicle fleet are Taxonomy-eligible as related to category C
'Purchase of output from other companies' Taxonomy-eligible
economic activities'. Taxonomy-alignment could not be
determined, due to lacking information on the fulfilment of
DNSH criteria. We did not identify any category A or B related
capital expenditure.
We did not identify any turnover related or standalone
Taxonomy-eligible operational expenditure.
KONE has defined the total operational expenditure
(denominator), MEUR 252, based on the methodology
specified in the Taxonomy Regulation. It includes research
and development costs of KONE, in addition to cost related to
maintenance and repair of the facilities and buildings, as well
as short-term lease expenses. Prior year the total operational
expenditure also included energy purchases and costs related
to KONE's vehicle lease fleet which have been excluded from
the denominator for 2022.
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KONE ANNUAL REVIEW 2022View entire presentation