diff --git a/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/DeepCopyIrTree.kt b/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/DeepCopyIrTree.kt
index 52a987775b5..86ddd6912ad 100644
--- a/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/DeepCopyIrTree.kt
+++ b/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/DeepCopyIrTree.kt
@@ -214,8 +214,8 @@ open class DeepCopyIrTree : IrElementTransformerVoid() {
             type, // TODO
             varargElementType, // TODO
             defaultValue?.transform()
-        ).apply {
-            transformAnnotations(this)
+        ).also { irValueParameter ->
+            irValueParameter.transformAnnotations(this)
         }
 
     // TODO visitTypeParameter