Auditors' fees
The fees below concern auditors' fees and advisory services provided by Stedin Group's external auditor: Deloitte Accountants B.V., as defined in Section 1.1 of the Audit Firms (Supervision) Act (Wet toezicht accountantsorganisaties, Wta) and the entities associated with the Deloitte network.
x € 1.000 | 2019 | 2018 |
---|---|---|
Audit of the financial statements | 1,163 | 1,104 |
Other audit engagements | 304 | 331 |
Other non-audit services | - | - |
Totaal | 1,467 | 1,435 |
In the fee for the audit of the financial statements of Stedin Holding N.V., all auditor's fees required to be incurred in order to audit the consolidated and separate financial statements of the company are attributed to the financial year to which the financial statements apply.
The other audit engagements concern audits concerning the statutory financial statements of subsidiaries and related engagements.
Other non-audit services concern services permitted under the Wta and partly charged by entities associated with the Deloitte network. Since 24 October 2017, Stedin Holding N.V. is qualified as a public interest entity (PIE). Hence, as of that date, a prohibition applies on performing the engagement for the statutory audit of the financial statements if the audit firm or another part of its network provides or has provided services other than audit services to Stedin Holding N.V. and its affiliated entities during the period in which independence is required. Since that time, the auditor's engagement has only covered audit engagements.