diff --git a/core/deserialization/src/org/jetbrains/kotlin/serialization/deserialization/MemberDeserializer.kt b/core/deserialization/src/org/jetbrains/kotlin/serialization/deserialization/MemberDeserializer.kt
index 3627dac4725..64e61f086a6 100644
--- a/core/deserialization/src/org/jetbrains/kotlin/serialization/deserialization/MemberDeserializer.kt
+++ b/core/deserialization/src/org/jetbrains/kotlin/serialization/deserialization/MemberDeserializer.kt
@@ -141,12 +141,12 @@ class MemberDeserializer(private val c: DeserializationContext) {
         }
 
         if ((c.containingDeclaration as? ClassDescriptor)?.kind == ClassKind.ANNOTATION_CLASS) {
-            property.setCompileTimeInitializerFactory {
+            property.setCompileTimeInitializer(
                 c.storageManager.createNullableLazyValue {
                     val container = c.containingDeclaration.asProtoContainer()!!
                     c.components.annotationAndConstantLoader.loadAnnotationDefaultValue(container, proto, property.returnType)
                 }
-            }
+            )
         }
 
         property.initialize(