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Investor Presentaiton

CONSOLIDATED FINANCIAL STATEMENTS | NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS | NET WORKING CAPITAL 3.3 DEFERRED ASSETS Deferred assets, MEUR Deferred interests Accrued income on maintenance contracts (note 3.2) Unbilled contract revenue (note 3.2) Derivative assets (note 5.3) Value added tax assets Prepaid expenses and other receivables Total Dec 31, 2022 3.0 Dec 31, 2021 2.7 36.6 35.1 365.1 344.6 27.2 88.4 84.9 129.6 192.5 180.5 709.3 780.8 3.4 ACCRUALS Accruals, MEUR Dec 31, 2022 Dec 31, 2021 Accrued interests 1.0 2.2 Deferred income on maintenance contracts (note 3.2) Late cost accruals Accrued salaries, wages and employment costs Share-based payments Derivative liabilities (note 5.3) Value added tax liabilities Accruals on acquisitions Other accruals Total 452.2 462.7 302.3 342.7 570.0 551.0 9.9 22.5 32.6 42.3 86.1 122.6 17.0 21.2 581.2 570.0 2,052.2 2,137.4 Includes accrual for invoicing still pending to be received on completed new equipment and modernization contracts. 62 KONE ANNUAL REVIEW 2022
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