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30  Subsequent events

In November 2024, the Group extended the lease for the head office in Amstelveen. This is expected to increase the right of use assets and lease liabilities by approximately EUR 34 million. Read more over 30 Subsequent events

31  Basis of preparation

The company financial statements and the consolidated financial statements together constitute the statutory financial statements of KPMG N.V. (the Company). Read more over 31 Basis of preparation

32  Non-current financial assets

Non-current financial assets represent investments in group companies. Read more over 32 Non-current financial assets

33  Cash and cash equivalents

Cash and cash equivalents comprise cash at hand and bank balances that are freely available. The interest rate applicable in 2023/2024 was 1.2% (2022/2023: 1.7%). Read more over 33 Cash and cash equivalents

34  Shareholders’ equity

Movements in equity can be specified as follows: Read more over 34 Shareholders’ equity

35  Loans and borrowings

Movements in financing by partners can be specified as follows: Read more over 35 Loans and borrowings

36  Financial instruments

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 36 Financial instruments

37  Related parties

The Company’s related parties comprise subsidiaries, Coöperatie KPMG U.A., and key management. Read more over 37 Related parties

38  Tax and social insurance contributions

Tax and social insurance contributions relate to VAT payable by the Company for the last quarter of the financial year. Read more over 38 Tax and social insurance contributions

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