diff --git a/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt b/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt
index 6c8dde1c636..9cfbadb09b9 100644
--- a/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt
+++ b/compiler/ir/ir.tree/src/org/jetbrains/kotlin/ir/util/IrUtils.kt
@@ -202,8 +202,9 @@ val IrDeclarationContainer.properties: Sequence<IrProperty>
 
 fun IrFunction.addExplicitParametersTo(parametersList: MutableList<IrValueParameter>) {
     parametersList.addIfNotNull(dispatchReceiverParameter)
+    parametersList.addAll(valueParameters.take(contextReceiverParametersCount))
     parametersList.addIfNotNull(extensionReceiverParameter)
-    parametersList.addAll(valueParameters)
+    parametersList.addAll(valueParameters.drop(contextReceiverParametersCount))
 }
 
 private fun Boolean.toInt(): Int = if (this) 1 else 0
diff --git a/compiler/testData/codegen/box/extensionFunctions/contextReceivers/fromKEEP/functionalType.kt b/compiler/testData/codegen/box/extensionFunctions/contextReceivers/fromKEEP/functionalType.kt
index d4073a05f08..b869312df46 100644
--- a/compiler/testData/codegen/box/extensionFunctions/contextReceivers/fromKEEP/functionalType.kt
+++ b/compiler/testData/codegen/box/extensionFunctions/contextReceivers/fromKEEP/functionalType.kt
@@ -4,10 +4,10 @@
 
 class Param
 class O {
-    val o = "o"
+    val o = "O"
 }
 class K {
-    val k = "k"
+    val k = "K"
 }
 
 context(O)