AYR » Topics » Audit Fees, Audit Related Fees, Tax Fees and All Other Fees.

This excerpt taken from the AYR DEF 14A filed Apr 3, 2009.
Audit Fees, Audit Related Fees, Tax Fees and All Other Fees.
 
In connection with the audit of the 2008 financial statements, the Company entered into an engagement letter with E&Y which set forth the terms by which E&Y has performed audit services for the Company. That agreement is subject to alternative dispute resolution procedures.
 
The following summarizes the fees paid by us to E&Y for professional services rendered in 2008 and 2007:
 
                 
    2008     2007  
 
Audit Fees(1)
  $ 2,780,000     $ 3,376,447  
Audit-Related Fees(2)
  $ 4,500     $ 68,000  
Tax Fees(3)
  $ 891,000     $ 712,346  
All Other Fees
  $ 2,000     $ 2,500  


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1. Represents fees for the audit of the Company’s consolidated financial statements, the reviews of interim financial statements included in the Company’s Forms 10-Q, audits of subsidiaries required under the terms of certain of our debt agreements, consultations concerning financial accounting and reporting standards, statutory audits, services rendered relating to the Company’s public offerings and the audit of our internal control over financial reporting.
 
2. Represents fees for attestation services to Irish benefits plan trustees report in 2008. Represents fees for attestation services related to Irish withholding tax certificates in 2007.
 
3. Represents fees related primarily to assistance with tax compliance matters, including international, federal and state tax returns preparation and consultations regarding tax matters.
 
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