This excerpt taken from the FTE 20-F filed May 17, 2005.
Activity during 2004
The Audit Committee met 15 times in 2004. The Audit Committee met regularly with the Companys executive officers and the principal managers of the Group Finance Department, as well as the internal audit and risk control director and the statutory auditors, in order to examine their action plans and the work that had been accomplished.
The Audit Committee notably examined the following issues in 2004: