Annual Report 2007 - Financial StatementsNote 33 - Auditors' Fees and Services
| The following remuneration was paid to auditors and accounting firms for audits and other reviews based on applicable legislation and for advice and other assistance resulting from observations in the reviews. Remuneration was also paid for independent advice, using Group auditors or other audit firms, in the fields of Tax/Law and Corporate Finance as well as other consulting services. Audit fees to other accounting firms refer to subsidiaries not audited by the Group auditors. Auditors are elected by the Annual General Meeting. | ||||
| PricewaterhouseCoopers AB (PwC) has served as TeliaSonera AB's independent auditor (Group auditor) since April 28, 2004. | ||||
| January-December | ||||
| SEK in millions | 2007 | 2006 | ||
| PwC | ||||
| Audits | 37 | 82 | ||
| Audit-related services | 6 | 3 | ||
| Tax services | 0 | 1 | ||
| All other services | 10 | 1 | ||
| Total PwC | 53 | 87 | ||
| Ernst &Young (E&Y) | ||||
| Audits, audit-related services | 1 | 0 | ||
| Tax services | 1 | - | ||
| All other services | 2 | 13 | ||
| Total E&Y | 4 | 13 | ||
| KPMG | ||||
| Audits, audit-related services | 2 | 2 | ||
| Tax services | 4 | 4 | ||
| All other services | 2 | 1 | ||
| Total KPMG | 8 | 7 | ||
| Other accounting firms | ||||
| Audits | 0 | - | ||
| Audit-related services, tax services and all other services | 5 | 11 | ||
| Total other accounting firms | 5 | 11 | ||
| Total | 70 | 118 | ||
| In addition, fees for accounting firm services capitalized as transaction costs in business combinations and similar transactions totaled SEK 3 million in 2007 (other non-audit services performed by Other accounting firms) and SEK 4 million in 2006 (other non-audit services: PwC SEK 1 million, E&Y SEK 1 million and KPMG SEK 2 million). | ||||
| Fees paid to PwC, as well as to E&Y and Other accounting firms, decreased in 2007, mainly due to TeliaSonera's deregistration with the U.S. Securities and Exchange Commission and hence less audit work and consultancy work, respectively, on internal controls in accordance with Section 404 of the Sarbanes-Oxley Act. | ||||
| Within the provisions of Swedish legislation, the Audit Committee of the Board of Directors of TeliaSonera AB is responsible, among other matters, for the oversight of TeliaSonera's independent auditors. The Board of Directors has adopted a policy regarding pre-approval of audit-related services and permissible non-audit services provided by audit firms. | ||||
- Consolidated Income Statements
- Consolidated Balance Sheets
- Consolidated Cash Flow Statements
- Consolidated Statements of Changes in Equity
- 1 Basis of Preparation
- 2 Critical Accounting Policies, Estimates and Assumptions
- 3 Consolidated Financial Statements
- 4 Significant Accounting Policies
- 5 Changes in Group Composition
- 6 Segment Information
- 7 Net Sales
- 8 Expenses by Nature
- 9 Other Operating Income and Expenses
- 10 Related Party Transactions
- 11 Amortization, Depreciation and Impairment Losses
- 12 Associated Companies and Joint Ventures
- 13 Finance Costs and Other Financial Items
- 14 Income Taxes
- 15 Goodwill and Other Intangible Assets
- 16 Property, Plant and Equipment
- 17 Other Non-current Assets
- 18 Inventories
- 19 Trade and Other Receivables
- 20 Interest-bearing Receivables, Cash and Cash Equivalents
- 21 Equity and Earnings per Share
- 22 Long-term and Short-Term Borrowings
- 23 Provisions for Pensions and Employment Contracts
- 24 Other Provisions
- 25 Other Long-term Liabilities
- 26 Trade Payables and Other Current Liabilities
- 27 Financial Assets and Liabilities by Category
- 28 Financial Risk Management
- 29 Leasing Agreements
- 30 Contingencies, Other Contractual Obligations and Litigation
- 31 Cash Flow Information
- 32 Human Resources
- 33 Auditors' Fees and Services
- 34 Business Combinations etc.
- 35 Specification of Shareholdings and Participations