Investor Presentaiton
CONSOLIDATE FINANCE ST
ENENTS NOTES TO THIS CONSOLID
PREPARATIO
NOTES TO THE
CONSOLIDATED
FINANCIAL
STATEMENTS
1
Basis of preparation
IN THIS SECTION
Basis of preparation
Consolidation principles
Segment information
Accounting estimates and management judgements
Accounting principles are presented in connection with
notes in sections 2-6
Basis of preparation
KONE Corporation is a Finnish, public limited company
domiciled in Helsinki, Finland. KONE Corporation and its
subsidiaries together form the KONE Group ("KONE" or "the
Group"). KONE is global leader in the elevator and escalator
industry with a vision to make the world's cities better and
more sustainable places to live. KONE provides elevators,
escalators and automatic building doors, as well as solutions
for maintenance and modernization to add value to buildings
throughout their life cycle. Through more effective People
Flow®, KONE's ambition is to make people's journeys safe,
convenient and reliable, in taller, smarter buildings. KONE
operates in more than 60 countries around the world, serving
approximately 550,000 customers. Headquartered in Helsinki,
Finland, we have seven global R&D units and 10
manufacturing units in seven countries, as well as a worldwide
network of agents and authorized distributors.
The consolidated financial statements of KONE
Corporation have been prepared in accordance with the
International Financial Reporting Standards (IFRS) as
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KONE ANNUAL REVIEW 2021View entire presentation