Search

The Group has long-term property leases for which the service costs are excluded from the lease liability and right-of-use asset in the consolidated balance sheet. Read more over 28 Liabilities and assets not recognized in the consolidated statement of financial position

In the Netherlands, the Group collaborates with an independent firm of tax consultants, Meijburg & Co. The financial figures of this firm are not included in the consolidated financial statements of KPMG N.V. Read more over 29 Collaboration agreements and related parties

The accounting policies set out below have been applied consistently to all periods presented in these consolidated financial statements and by all companies included in the consolidation, except those explained in Note 2.5, which address changes in Read more over 3 Significant accounting policies

The company financial statements have been prepared in accordance with Title 9, Book 2 of the Dutch Civil Code and are presented together with the financial statements of KPMG N.V. Since the figures of KPMG N.V. are included in the consolidated Read more over 30 Basis of preparation

Non-current financial assets represent investments in group companies. Read more over 31 Non-current financial assets

Cash and cash equivalents comprise cash at hand and bank balances that are freely available. The interest rate applicable in 2021/2022 was 0.0% (2020/2021: 0.5% negative). Read more over 32 Cash and cash equivalents

Movements in equity can be specified as follows: Read more over 33 Shareholders’ equity

Movements in financing by partners can be specified as follows: Read more over 34 Loans and borrowings

For general information on financial instruments and associated risks, please see Note 25 Financial instruments and associated risks of the consolidated financial statements. Read more over 35 Financial instruments

The Company’s related parties comprise subsidiaries, Coöperatie KPMG U.A., and key management. Read more over 36 Related parties