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Investor Presentaiton

CONSOLIDATED FINANCIAL STATEMENTS | PARENT COMPANY FINANCIAL STATEMENTS | NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS 14. EQUITY AND CHANGES IN EQUITY EUR 1,000 Book value Jan 1, 2021 Profit distribution Purchase of own shares Share-based compensation Net income for the period Net book value Dec 31, 2021 Paid-up Share capital 66,174.5 Share unrestricted premium equity account 100,328.1 reserve 326,972.0 Own shares -164,662.0 Retained earnings 1,884,348.8 -1,166,345.1 Net income for the period Total 2,213,161.4 -1,166,345.1 -81,984.4 -45,790.7 11,878.2 -45,790.7 90,968.3 20,862.1 66,174.5 100,328.1 244,987.6 -198,574.5 808,971.9 501,757.2 501,757.2 501,757.2 1,523,644.8 Non-restricted equity includes the paid-up unrestricted equity reserve, retained earnings deducted by own shares and the profit for the financial year. The non-restricted equity was EUR 1,357,142,216.84 (2,046,658,825.95) at the end of the period. As at 31 December, 2021 cost recognized in prior years for the share settled part of share-based payment rewards in the cumulative amount of EUR 82,315 thousand has been reclassified from paid-up unrestricted equity reserve to retained earnings. Further, EUR 20,531 thousand of accrued expenses have been reclassified to retained earning pertaining to share based payments arrangements where payment of the reward has not yet taken place. Share EUR 1,000 Book value Jan 1, 2020 Share capital 66,174.5 premium account 100,328.1 Paid-up unrestricted equity Net income reserve 298,115.7 Own shares -185,111.0 Profit distribution Share-based compensation 28,856.3 20,449.0 Retained earnings 2,395,727.4 -880,511.1 -20,449.0 for the period Total 2,675,234.6 -880,511.1 28,856.3 Net income for the period Net book value Dec 31, 2020 66,174.5 100,328.1 326,972.0 -164,662.0 1,494,767.3 389,581.5 389,581.5 389,581.5 2,213,161.4 93 KONE ANNUAL REVIEW 2021
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