Costs external auditor
Please find below an overview of the costs of TNT's external auditor, PricewaterhouseCoopers Accountants N.V., for the most recent years.
The fees can be divided into the following categories:
- Audit fees include the audit of TNT’s annual financial statements, procedures on internal controls and the review of interim financial statements, statutory audits, services associated with issuing an audit opinion on the postal concession reporting and services that only the auditor can reasonably provide.
- Audit related fees include employee benefit plan audits, due diligence related to mergers and acquisitions, internal control reviews, consultation concerning financial accounting and reporting matters not classified as audit.
- Tax advisory costs include tax compliance, tax advice, including all services performed by the auditor’s professional staff in its tax division, except those rendered in connection with the audit.
- Other fees include financial risk management reviews and audit of corporate sustainability reports.
| Year ended at 31 December | ||
| 2008 | 2007 | |
|---|---|---|
| Audit fees | 6 | 9 |
| Audit related fees | 1 | 3 |
| Tax advisory fees | 1 | 0 |
| Other fees | 1 | 1 |
| Total | 9 | 13 |
| (in € millions) | ||