Inter IKEA Group

Financial Summary
FY23
Introduction

This document is a summary and brief overview of Inter IKEA Group’s

nancial
1 performancefornancial 1 yearFY2( 3 2 0which
2,)3 istheperiod
fromSeptember
1 to
2 0 2 August
13 The
. 3 2 0 2 summarybeginswith
the retail sales performance of our franchisees since the Inter IKEA
Groupsoverallnancial 1 performanceiscloselyconnectedtothis.

!nFY2!KEA
, 3 retailoperationsweremuchlessimpactedbymeasures
related to Covid-19 and most IKEA stores remained open without
severe)
( restrictions.However,whilesalesinvaluetermsincreased,sales
involumesandnumberofproductssolddecreased.

TotalretailsalesforFY2reached
3 EURbillion
6.74 EUR
( billion 6.4
inFY2This
. ) 2 includessalesof!KEAproducts,foodandservicesto
customers.ComparedtoFY2retail
,2 salesgrewby %3.7+( %6.6
whenadjustedforcurrencye0ects)Both
. storesalesandonlinesales
continuedtogrow.

Notetoreader:theincludedabbreviatednancial
1 statementsareanabridgedversionofthe
consolidatednancial
1 statementsof!nter!KEAHoldingB.V.asincludedintheAnnualReport
forthenancial
1 yearAn
.320 unquali1edauditorsreportdatedNovember
2 was
320 issued
onthesenancial
1 statements.!nter!KEAHoldingB.V.sconsolidatednancial
1 statements,
fromwhichtheseabbreviatednancial1 statementshavebeenderived,havebeenpreparedin
accordancewithPartof 9 Bookof
2 theDutchCivilCode.

2 | Inter IKEA Group Financial Summary FY23

Duringtherst1 halfofFY2raw
,3 materialand
commodityprices,aswellascostsrelatedto
transportationandlogistics,remainedathigh
levelsfollowingthelargeincreaseinFY2and 1 €47.6 €44.6 €41.9
FY2This
. 2 situationstabilisedduringspring
and a downward trend was visible towards
theendofthenancial
1 year.!nFY2this
,3
resulted in a moderate increase in the costs
FY22 FY23
forsourcingandsupplyingproductsto!KEA
franchisees,whichwasanimprovement
compared to FY21 and FY22 when costs rose
FY23 FY22 FY21
verysteeply.

IKEA retail sales in billion EUR IKEA retail sales development

Followingthistrend,!nter!KEAGroupstarted
loweringsalespricesto!KEAfranchiseesinthe
lastfourmonthsofFY2This
. 3 shouldpositively
3%
a0ecta0ordabilityforretailcustomersgoing
forward.!naddition,theresolutionoflogistic
disruptions improved the availability of
productsforourcustomers.
23%
860
million store
visits
Inter IKEA Group recorded total revenues
ofEURbillion
1.92 EUR
( billion
6.72 inFY2, ) 2 74% Products sold
throughstores

3.8
includingwholesalesalesto!KEAretailers,
Products sold
franchise fees and retail sales from the IKEA online
Delftstore.Netpro1tisEURbillion
6.1 EUR
( 7.0
Services to
billioninFY2. ) 2 customers billion website
visits

FY23 IKEA retail sales

3 | Inter IKEA Group Financial Summary FY23

Expansion
In the past year our expansion strategy focused
on better accessibility for our customers in
existing!KEAmarkets.Toful1lthisambitionto
make IKEA available to more people in areas
where they live, work and socialise, a record
number of more than 70 IKEA sales locations
were opened around the world in FY23.
One example was a small store in the centre
of Copenhagen tailored to local needs, both
in terms of better accessibility for the city’s
many cyclists and changing urban consumer
behaviour. Other small stores opened in
Madrid, Almeria, Rome, Surabaya, Bavaro,
Cabo, San Francisco and Toronto. Most of these
sales locations are smaller IKEA formats in
urban areas.
e
W also continue to enter new markets with
therst
1 ever!KEAstoreopeninginColombia
in September 2023, u j st after the end of FY23,
and a ground-breaking ceremony in Auckland,
New e Z aland, where retail operations will start
in late 2025.
4 | Inter IKEA Group Financial Summary FY23
The IKEA
franchise system
!KEAisafranchisebusiness.Thatmeans The IKEA franchise system is built on a model
many people and many companies with thatfocusesonlowcostsandhighvolumes
di0erentownersworkunderone!KEAbrand tocreatelowerprices.
– all dedicated to the IKEA vision of creating a
better everyday life for the many peoplethrough As raw material prices and other costs
the IKEA business idea to offer a wide range relatedtosourcingandsupplyingproducts
of well-designed, functional home furnishing remainathighlevels,securinglowprices
products at prices so low that as many people as isourbiggestfocusandwecontinuetodo
possible will be able to afford them. ourutmosttodeliveronoura0ordability
ambitions.
Thediagramonthenextpageshowsa
simpli1edoverviewofthe!KEAfranchise
system.!nter!KEASystemsB.V.!KEA
,
ofSwedenAB,!KEAMarketing&
CommunicationAB,!KEASupplyAGand!KEA
!ndustryABarepartof!nter!KEAGroup. 219,000 231,000
FY23 IKEA co-workers FY22 IKEA co-workers
around the world around the world
Franchisingisasystemthatencourages
everyonetocontributeandcollaborate.
The franchisor has the responsibility to
continuously develop the IKEA Concept More IKEA facts & figures for FY23 can be found on ikea.com
and ensure its implementation in new
andexistingmarkets.Franchiseesprovide
valuable input based on consumer and
marketinsights.
IKEA franchise system and value chain

Inter IKEA IKEA franchisees

Group
IKEA Inter IKEA Systems Ingka Group
service owner of the IKEA Concept 31markets
providers and worldwide franchisor

IKEA of Sweden Al-Futtaim Dairy Farm Ikano Group Miklatorg

developsanddesignsthe 4markets 4markets 5markets 4markets
overall!KEAproductrange

IKEA Marketing & Al-Homaizi House Market Sarton Al-Sulaiman

Communication 3markets 3markets 3markets 2markets
developsanddesigns
communication content
MAPA Northern Birch Falabella
1market 1market 1market
IKEA Supply
IKEA sources and distributes
product the!KEAproductrange
suppliers
IKEA Industry
astrategic!KEAmanufacturer

Thisdiagramshowsasimpli1edoverviewofkeyorganisationsinthe!KEAfranchise
systemandvaluechain(excludingsubsidiaries).The!KEAretailbusinessoperatesin62
marketsthroughafranchisesystem.Marketinformationisaccurateasof31August
203.Formoredetailedinformation,pleasevisit inter.ikea.com or about.ikea.com

5 | Inter IKEA Group Financial Summary FY23

About Inter IKEA Group
!nter!KEAHoldingB.V.istheholdingcompany
ofthe!nter!KEAGroup.!nter!KEAHoldingB.V.
isbasedintheNetherlandswherethegroup
managementof!nter!KEAGroupislocated.
Inter IKEA Group has three core businesses:
Franchise,RangeandSupply.Thecore
businessesworktogetherwithfranchisees
andsupplierstoco-createthe!KEAo0er
andfranchisesystem.!nter!KEAGroupaims
to provide the best possible conditions for
implementingandoperatingthe!KEAConcept,
andtocreateastrongplatformforgrowth.
Inter IKEA
Systems B.V.
Overview of Inter IKEA Group
6 | Inter IKEA Group Financial Summary FY23
Franchise branddevelopment,sustainability,people
Franchise consists of Inter IKEA Systems andenvironment,marketpotentialand
B.V.based
, intheNetherlands,andits expansion.!KEAMarketingCommunication
&
subsidiaries,including!KEAMarketing& ABdevelopsandcreates!KEAcommunication
CommunicationAB.!nter!KEASystems content.
B.V.istheworldwide!KEAfranchisorand
ownerofthe!KEAConceptwhich( includes Range
the!KEAbrand)!nter
. !KEASystemsB.V. Rangeincludes!KEAofSwedenAB,based
continuously develops the IKEA Concept and inSweden,andrelatedbusinesses.!tis
ensures its successful implementation in responsiblefordesigninganddevelopingthe
newandexistingmarkets.Thisenables!KEA overall!KEAproductrange,includinghome
toremainforward-lookinginareassuchas furnishings,foodandpackagingsolutions,
underassignmentof!nter!KEASystemsB.V.
Supply
Inter IKEA Supplyincludes!KEASupplyAG,!KEA
Holding B.V.
!ndustryAB,!KEAComponentsABand
relatedbusinesses.!KEASupplyAG,based
inSwitzerland,hasreceivedtheassignment
from!nter!KEASystemsB.V.tosourceand
distribute!KEAproductsto!KEAfranchisees.
IKEA of IKEA IKEA
Sweden AB Supply AG Industry AB
The majority of the IKEA products are
sourcedinEuropeandapproximately%09
Manufacturing
and distribution
In FY23, Inter IKEA Group extended its
programme to increase the share of renewable
electricity used in its manufacturing and
production to IKEA suppliers in ten new markets:
Czech Republic, Germany, Italy, Sweden, Turkey,
iL thuania, Portugal, Romania, Slovakia, and
Vietnam.
The programme enables supply partners and
vendors to consume up to 100% renewable
electricity. To help them IKEA has engaged with
partners from the renewable electricity industry
to identify the right r“ enewable electricity product
o0ers&ineachofthemarkets.Wehavealso
organised energy fairs for our suppliers to build
their competence on the topic. In addition, IKEA
will facilitate local solutions for buying renewable
electricity from the grid, such as bundled frame
agreements or Power Purchase Agreements,
which IKEA supply partners can take part of.
The impact of this IKEA programme should start
becoming visible from FY24 onwards C ( Y23
actual electricity consumption). Our FY23 results
w
( ith CY22 actuals) are currently being calculated
and should be ready by the end of 2023.
The expansion of this programme is another
important step on our continuing oj urney to
reduce the total IKEA climate footprint wherever
IKEA operates around the world.
For an overview of the total IKEA climate footprint,
read more in the IKEA Sustainability Report.
7 | Inter IKEA Group Financial Summary FY23
aresourcedfromexternalsuppliers.!KEA !KEAHotelland!KEAMuseuminlmhult,
Ä
SupplyAGmanagesandoperatesthe!KEA Swedenisalsopartof!nter!KEAGroup.
supplychaintogetherwithitswholesale
subsidiariesandexternalbusinesspartners,Ownership
suchastransportserviceproviders, Inter IKEA Group is fully owned and
warehouseprovidersandcustomsbrokers. controlledby!nter!KEAFoundation,basedin
Liechtenstein.!nFY2the
3 ownershipof!nter
!KEA!ndustryABisastrategic!KEA IKEA Group was transferred to Inter IKEA
manufacturerwhosemanagementteamsits Foundationfrom!nterogoFoundationand
within the Supply core business but whose !nterogoHoldingAG.AsofAugust
13 ,320
groupoflegalentitiesareplaceddirectlyInter IKEA Foundation is the only shareholder
under!nter!KEAHoldingB.V.!KEA!ndustry andultimateownerof!nter!KEAGroup.
produces!KEAhomefurnishingproducts
anddevelopsunique!KEAmanufacturing
3,083
capabilities in relevant parts of the supply
chain.!KEA!ndustryproducesapproximately
of
%01 the!KEAproductrange,withamain 2,219
focusonwood-basedfurniture. 19,452
190
!KEAComponentsABdevelops,sources,
packsandsuppliescomponents,suchas
screws and wooden dowels that are used to
assemble!KEAfurniture.
Other functions
!nter!KEAGroupalsoincludesgroup
Supply Range Franchise Other functions
functionstosupportthecorebusinesses,
suchasHumanResources,Communication, FY23 full-time equivalent co-workers
Risk,Finance,Legalandotheractivities.!KEA per core business
lmhult
Ä AB,whichownsandoperatesthe
Inter IKEA Group
FY231nancialresults Consolidated income statement

FY2started
3 adverselywithrisingtransportationandlogisticscostsand In millions of EUR FY23 FY22
rawmaterialandcommoditypricesstillatveryhighlevels.Afterthe
Sales of goods 27,443 26,148
rst
1 halfyearofFY2we
, 3 notedastabilisationinpurchasepriceswitha
downwardtrendtowardstheendofthenancial
1 year. Franchise fees 1,406 1,285

Other income 214 145

!naddition,therewasareductioninglobalsupplydisruptionswhich
Total revenues 29,063 27,578
ledtothereturnofmorestableconditionsthatenabledmoree3cient
operations.Thisreducedleadtimesandconsiderablyimprovedthe Cost of goods sold 23,824 23,404
availabilityofproductsforourcustomers.!nturn,thisresultedinagradual
Gross profit 5,239 4,174
reduction of inventory levels as well as lower costs related to transportation
andlogistics.DespitetheimprovementstowardstheendofFY2there ,3 Operational cost 2,993 3,140
werestilladditionalcostsforthe!KEAvaluechainduringtheyear.These Total operating result 2,246 1,034
highercostswerecompensatedforbyhigherrevenues,whereasinFY22
Financial income and expense -300 -103
alargepartofthecostincreasewasabsorbedthroughloweringourgross
margin. Result before tax 1,946 931

Income taxes -307 -221

Operationalcostwasimpactedbyin2ation.Thisa0ectedbothco-worker
costsandotheroperatingexpenses,whichwereo0setbytherst 1 e0ects Net result 1,639 710
ofaninternalrestructuringprogrammethroughwhichweareadapting
ourcostbasetothelowerturnoverandcreatingmoree3ciencies.After
nancial
1 incomeandexpense,andincometaxes,thenetincomeof
EURbillion
6.1 isbacktonormallevelsaftertheextraordinarydecrease
inFY2The
. 2 !nter!KEAGroupconsolidatedincomestatementshowsa
simpli1edoverviewofthisyearsnancial
1 performance.

8 | Inter IKEA Group Financial Summary FY23

Sales of goods
Salesofgoodsreferstowholesalesalesof
!KEAproductsto!KEAfranchisees.Retail
salesfrom!KEADelft,whichistheonly
storeownedby!nter!KEAGroup,arealso
includedinthislineitem.Salesofgoodsare
upfollowingthenecessarypriceincreasesonFast-risingpurchasepricescombined
thegoodssoldtothefranchisees.
Franchise fees
!nafranchisesetup,onecompanypays
anotherfranchisefeesfortherighttouse
itsintellectualproperty.The!KEAfranchise to limit price increases to IKEA franchisees
o0erincludesthe!KEAtrademarksand
!KEAConcept.!KEAfranchiseespay!nter
!KEAGroupanannualfeeofover %3 their
netsales.!nreturn,theyareauthorisedto
operate IKEA stores and other sales channels DuringFY2the
formarketingandsellingthe!KEAproduct
range.AsretailsalesincreasedinFY2,3
franchisefeeincomeroseaccordingly.
Other income
Other income mainly consists of income from Followingtheincreasedrevenueandthe
marketingmaterialsandcommunication
createdfor,andsoldto,!KEAfranchisees.
Cost of goods sold
Costofgoodssolddescribesthetotal
accumulatedcostssource,manufactureand
distributeproducts.Thecostofgoodssold
relatesbothtowholesaleand!KEADelft
storesales.
9 | Inter IKEA Group Financial Summary FY23
!nter!KEAGroupmanufacturesabout%01
ofthe!KEAproductrangeandsourcesthe
remainingfrom%09 overexternal
08
suppliers.Thisincludeshomefurnishingand
foodproducts.
withdisruptionsandine3cienciesinour
supplychainresultedinahighincrease
inpurchasingandtransportationcosts
throughoutFY2Last.2 year,!nter!KEAGroup
absorbedalargeamountofthesecosts
asmuchaspossible.Thisresultedina
largedecreaseingrossmarginandthus
pro1tability.
,3 coststosource!KEA
products stabilised and a downward trend
was visibletowardstheendofthenancial 1
year.Thisresultedinamoderateincreasein
costofgoodssold.
moderate increase of the costs to source
andsupply!KEAproducts,thegrosspro1t
percentagereturnedtonormallevelsinFY2.3
Toembracethistrend,!nter!KEAGrouphas
startedloweringpricesto!KEAfranchisees.
Range development
FY23 marked 80 years since Ingvar Kamprad
founded IKEA in 1943. To celebrate 80 years
of design, we returned to our t“ reasure chest”
to rediscover customers’ favourite designs.
Iconic products were reimagined in fresh,
o
j yful colours and new materials using the
latest production techniques and materials in a
collection calledyN tillverkad .
e
W believe a safer life is a better life. And a safer
life starts in the home. To help reduce the risk
of furniture tipping over, IKEA has designed
an innovative new stability
feature.Therst 1 globallyavailable!KEAproduct
to come with is theIV A
H LS
chest of drawers. works as an
incentiveforcustomerstoanchorV!HALSrmly 1
to a wall. Only then will the unlock mechanism
allow customers to open multiple drawers
simultaneously. If the chest is not anchored,
only a few drawers can be used at one time to
prevent tipping over. In addition, we have made
a patent pledge that permits – and encourages
– other furniture manufacturers to adopt the
feature in their products.
 Financial income and expense
8%
Financialincomeandexpensearerevenueandcostsregarding
15% loans,investmentsandpositionsinforeigncurrencies.!nFY2we
,3
Sta0and
travel costs experiencedbothunfavourablecurrencydevelopmentsplusan
48% increaseininterestexpensesduetorisinginterestrates.Thishasledto
Boughtservices
ahigherincreaseinnancial
1 expensescomparedtoFY2. 2
Depreciation/
29% amortisation
Taxation
Otheroperating
expenses
!nFY2the , 3 !nter!KEAGrouptaxchargewasEURmillion
703 equal
toof
% 8 . 5 1 pre-taxincomecomparedtoEURmillion
12 inFY2The .2
FY23 operational cost per category
e0ectivetaxratewashigherinFY2as 2 !KEASupplyAGinSwitzerland
reportedverylowpro1tsduetotheabsorptionoftheincreasedcostin
thatyearofgoodsandtheconsequentlylowgrossmargin.Restoring
Operational cost pro1tabilityinFY2has 3 ledtoadecreaseinthee0ectivetaxrateandit
Operationalcostincludesco-workercosts,utilities,rentandothercosts
isnowbackinlinewiththee0ectivetaxrateinFY2. ) % 0 . 6 1 ( 1
relatedtoday-to-dayoperations.
!nter!KEAGroupstotaltaxcontributionamountedtoEURmillion
230,2
Operationalcostisa0ectedbyin2ation.Recruitmentstopsand andmainlyconsistedofpaymentsofcorporateincometax,custom
organisationalrestructuringshavesupportedinstabilisingsalary costsVATandpayrolltaxes.Readmoreinthe!nter!KEAGroupTax
duties,
andotheroperatingcosts,preventingmorecostincreases.During ReportFY2. 3
FY2the
, 3 Groupsco-workerbasemeasured ( inaverageFTE)reduced
fromin 1 3 , 7 2 FY2to
2 in
4 9 , 4 2 FY2The
. 3 reductionismostlyvisiblein
!KEA!ndustry,followingthedivestmentofitsRussianactivities.
Corporate 299 Taxes incurred FY23
incometax 322
!nSune!nter
,2 02 !KEAGroupdecidedtoclosedownallbusinessand TaxesincurredFY22
371
operationsinRussiaandBelarus.Thisresultedinstoppingallimport Customs
447
andexporttoandfromRussiaandBelarusandthepermanentclosure 29
Othertaxes
oftwopurchasingandlogisticso3cesinMoscowandMinsk.!nFY2, 3 62

!KEA!ndustrydivesteditsfourRussianproductionunits.Thisprocess VAT
918 Taxes collected FY23
467
TaxescollectedFY22
wasconcludedattheendofMarchThe . 3 2 0 consequenceofthis
415
Payrolltax
decisionhasresultedinanaccumulatednetloss. 437

FY23/FY22 total tax contribution by type of tax in million EUR

10 | Inter IKEA Group Financial Summary FY23

Inter IKEA Group
balance sheet
Consolidated balance sheet

!nFY2our
,3 equityratioimprovedsigni1cantlyfollowingthe In millions of EUR 31 Aug 2023 31 Aug 2022
changeinownership.!nterogoFoundationand!nterogoHolding Intangible fixed assets 9,094 9,369
AG transferred their shares in Inter IKEA Group to Inter IKEA
Tangible fixed assets 1,742 1,661
Foundation.Subsequently,!nter!KEAFoundationperformed
acapitalcontributionto!nter!KEAGroup,consistingofthe Financial fixed assets 337 270
outstandingloanreceivable,withtheremainingamountreceived Total fixed assets 11,173 11,300
incash.Theotherbalancesheetpositionshavenotchanged
Inventories 4,772 6,294
signi1cantlycomparedtoAugust 13 .2 0
Receivables 6,887 6,906
The consolidated balance sheet shows an overview of Inter IKEA
Cash and cash equivalents 169 184
Groupsassets,equityandwhatisduetosuppliers,partnersand
Total current assets 11,828 13,384
otherorganisations.
Total assets 23,001 24,684
Intangible fixed assets
!ngeneralterms,xed1 assetsarebusinesspropertyintendedfor
long-termuse.!ntangiblexed1 assetsareassetsthatlackphysical Group equity 17,758 9,847

form,suchaspatents,trademarks,copyrightsandotherintellectualProvisions 118 124

property.
Non-current liabilities 86 5,533

Most!nter!KEAGroupintangiblexed 1 assetsaretrademarkrights Current liabilities 5,039 9,180

andotherintellectualpropertyrights.!nter!KEAGrouppurchased Total liabilities 5,243 14,837

theserightsinThe
.210 purchasepriceofEURbillion
8.1 isspread
Equity and liabilities 23,001 24,684
overyears
54 sinceapositivereturnisexpectedforalongperiod.

11 | Inter IKEA Group Financial Summary FY23

Tangible fixed assets Receivables is money owed to the Inter IKEA Group by business
Tangiblexed1 assetsarethingslikerealestateandequipmentthat partners.Mostreceivablesrelatetofranchisefeesandproductssold
youcanphysicallytouchandfeel.!nter!KEAGrouptangiblexed1 andinvoicedto!KEAfranchisees.
assetsaremainlyfactoriesanddistributioncentres.
Group equity, provisions and liabilities
!nter!KEAGroupownsseveralo3cesanddistributioncentres,the Equityisthecapitalinvestedbyshareholdersof!nter!KEAGroup,plus
!KEADelftstore,the!KEAHotell,the!KEAMuseumandaround53 accumulatedpro1tsovertime.EquityincreasedwithEURbillion 9.7
factories.MostofthefactoriesareinEurope.Themajorityproduce duringFY2improving
,3 ourequityratiofromin %04 FY2to
2 in
%7
!KEAfurniture,whiletwomanufacturecomponents,suchasscrews FY2.3
andwoodendowelsusedtoassemble!KEAfurniture.
Duringtheyear,adividendofEURbillion
9.1 wasdistributedto
!nMarch!nter
,320 !KEAGroupconcludedthesalesofall!KEA !nterogoHoldingAG,ourco-shareholderatthattime.Afterthe
!ndustryproductionunitsinRussia,andwiththat!nter!KEAGroupno ownershipchanges,acapitalcontributionofEURbillion
3.8 was
longerownsanyassetsinthecountry. receivedfromourcurrentshareholder!nter!KEAFoundation.The
FY2net
3 pro1tofEURbillion
6.1 willbeaddedtoequity.
Inventories and receivables
Provisionsaremoneysetasideforpensioncommitments,deferred
!nventoriesmostlyconsistof!KEAproductslocatedin,orintransitto,
warehousesand!KEAstores.!nventorylevelswereparticularlylowtaxesandclaims.
duringFY2and
0 FY2as
1 transportconstraintsincombinationwith
highcustomerdemandposedachallengeinreplenishinginventory Liabilitiesaremoneyowedtoothers.!nprioryears,!nter!KEAGroup
toadesiredlevel.DuringFY2our
,2 inventorylevelsincreaseddueto non-currentliabilitiesprimarilyconsistedofaloanfrom!nterogo
continuedsupplychainchallengesaswellase0ortstosecurebetterHoldingAG.Upontheownershipchanges,thisloanwastransferred
productavailabilityforourcustomers. throughacapitalcontribution,almostreducingournon-current
liabilitiestonil.Currentliabilitiesareshort-termloans,moneydueto
DuringFY2purchasing
,3 tacticswereadaptedtoaddressthesehigh suppliersandtaxpayables.
inventorylevels,whichwasalsopossibleduetolowerleadtimes,as
globalsupplychainsnormalised.Thisresultedinagradualloweringof
inventorylevelsandrelatedtransportation.Logisticscostsalsostarted
todecline.AttheendofFY2inventories
,3
appropriatelevelforourbusiness.
havecomedowntoamore
77% 40%
equity ratio in FY23 equity ratio in FY22

12 | Inter IKEA Group Financial Summary FY23

For further information, please visit inter.IKEA.com

B.V.andmayinnowaybecopiedorreproducedwithouttheconsentof!nter!KEASystemsB.V.
!KEASystemsB.V.Allcopyrightsinthepicturesusedinthisdocumentareownedby!nter!KEASystems
©!nter!KEASystemsB.V.203. The!KEAlogoandthe!KEAwordmarkareregisteredtrademarksof!nter
Inter IKEA Group Inter IKEA Group Inter IKEA
Financial Summary Tax Report Holding B.V. Inter IKEA Holding B.V.
Annual Report
FY23 FY23 FY23
List of Subsidiaries
FY23

Inter IKEA Group Financial Summary FY23 !nter!KEAGroupTaxReportFY23 Inter IKEA Group Inter IKEA Group List
Annual Report FY23 of Subsidiaries FY23

© Inter IKEA Systems B.V. 2022

People
& Planet
Positive

IKEA Sustainability Strategy Published: June 2018. Updated: September 2022

IKEA Year in IKEA Sustainability Report

Review FY23 WillbereleasedinSanuary204