diff --git a/kvm-all.c b/kvm-all.c
index 290e726cfe..fd8157ad5e 100644
--- a/kvm-all.c
+++ b/kvm-all.c
@@ -1435,7 +1435,7 @@ int kvm_init(void)
     } while (ret == -EINTR);
 
     if (ret < 0) {
-        fprintf(stderr, "ioctl(KVM_CREATE_VM) failed: %d %s\n", -s->vmfd,
+        fprintf(stderr, "ioctl(KVM_CREATE_VM) failed: %d %s\n", -ret,
                 strerror(-ret));
 
 #ifdef TARGET_S390X