C32. Remuneration to audit firms

The following remuneration from audit firms was expensed for audits and other reviews based on applicable legislation and for advice and other assistance resulting from observations in the reviews. Remuneration was also expensed 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 audit firms refer to subsidiaries not audited by the group auditors. Auditors are elected by the Annual General Meeting.

Deloitte AB was re-elected at the Annual General Meeting on April 12, 2016, as Telia­ Company AB’s independent auditor (group auditor) for a one-year term. The audit of the consolidated financial statements has been carried out throughout the year since the election. No separate renumeration has been expensed for the review of interim financial statements.

SEK in millions

Jan–Dec 2016

Jan–Dec 2015

Remuneration expensed, continuing and discontinued operations

   

Deloitte

   

Audits

40

46

Audit-related services

3

3

Tax services

1

1

All other services

22

17

Total Deloitte

65

67

EY

   

Audits

1

1

Audit-related services

0

Tax services

1

1

All other services

10

3

Total EY

13

6

KPMG

   

Audits

0

1

Audit-related services

1

Tax services

6

8

All other services

3

11

Total KPMG

9

21

PwC

   

Audits

0

0

Audit-related services

Tax services

16

5

All other services

9

4

Total PwC

26

9

Other audit firms

   

Audits, audit-related services

0

0

Tax services and all other services

Total other audit firms

0

0

Total remuneration expensed

112

102

Total remuneration

112

102

Within the provisions of Swedish legislation, the Audit Committee of the Board of Directors of Telia Company AB is responsible, among other matters, for the oversight of Telia Company’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.