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Investor Presentaiton

CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | PARENT COMPANY CASH FLOW STATEMENT PARENT COMPANY CASH FLOW STATEMENT EUR Jan 1-Dec 31, 2021 Jan 1-Dec 31, 2020 Reconciliation of net income to the cash flow from operating activities, EUR Jan 1-Dec 31, 2021 Jan 1-Dec 31, 2020 Cash receipts from customers Cash receipts from other operative income Cash paid to suppliers and employees Financing items Taxes paid Other financing items Cash flow from operating activities Capital expenditure 714,972,591.58 16,822,694.41 -566,050,655.47 378,316,531.10 -60,127,725.90 -84,078,698.21 805,514,007.31 12,542,014.82 -586,702,664.86 235,019,188.40 -52,206,429.88 67,538,690.58 Net income 501,757,193.86 389,581,522.35 Depreciation and amortization Other adjustments 15,227,231.21 15,236,243.68 -30,229,771.93 -2,663,581.15 Income before change in working capital 486,754,653.14 402,154,184.88 Change in receivables 399,854,737.51 481,704,806.37 Change in liabilities -87,621,274.82 721,359.19 16,499,225.51 63,051,395.98 Proceeds from sales of fixed assets Subsidiary investments -17,037,594.16 103,300.00 -4,876.04 -16,302,543.53 Cash flow from operating activities 399,854,737.51 481,704,806.37 55,000.00 Proceeds from sales and decreases of subsidiary shares 576,682,642.32 276,870.56 Cash flow from investing activities 559,743,472.12 -15,970,672.97 Purchase of own shares Net change in short-term debt -45,790,737.23 Net change in long-term debt Profit distribution Group contributions received Other financing items 106,346,686.19 234,508,431.26 -1,166,345,136.69 40,764,865.95 -105,052,867.33 916,538,919.31 19,370,091.42 -880,511,060.02 58,400,000.00 -690,570,559.84 Cash flow from financing activities Change in cash and cash equivalents -935,568,757.85 -576,772,609.13 24,029,451.78 -111,038,475.73 Cash and cash equivalents, Jan 1 158,423,651.17 269,462,126.90 Cash and cash equivalents, Dec 31 182,453,102.95 158,423,651.17 Change in cash and cash equivalents 24,029,451.78 -111,038,475.73 84 KONE ANNUAL REVIEW 2021
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