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ICI » Topics » Remuneration of the Auditor

This excerpt taken from the ICI 20-F filed Mar 31, 2006.

Remuneration of the Auditor

Remuneration of the Auditor for each of the two years ending 31 December 2005 and 2004 was as follows:

        2005   2004  
   notes   £m   £m  
Audit of the Group – Remuneration of Auditor 1   3.4   3.1  
             
Services other than audit – Remuneration of Auditor and associates               
Audit related services 2   1.6   1.2  
Tax services 3   0.5   0.7  
        2.1   1.9  

Notes

1. Remuneration of the Auditor for the audit of the Group includes remuneration and expenses of the Auditor in respect of the statutory report to the members of the Company for the year 2005 amounting to £66,000 (2004 £65,000).
 
2. Expenditure in 2005 related principally to assistance in preparation for Sarbanes-Oxley Section 404, employee benefit plans and review of interim financial statements. The expenditure for 2005 comprised audit related regulatory reporting £0.5m (2004 £0.4m) and further assurance services £1.1m (2004 £0.8m). Expenditure on audit related services in 2004 related principally to the transition to IFRS reporting, employee benefit plans and the review of interim financial statements.
 
3. Tax services for 2005 related to advisory services £0.3m (2004 £0.4m) and compliance services £0.2m (2004 £0.3m).
This excerpt taken from the ICI 6-K filed Mar 14, 2006.

Remuneration of the Auditor

Remuneration of the Auditor for each of the two years ending 31 December 2005 and 2004 was as follows:

        2005   2004  
   notes   £m   £m  
Audit of the Group – Remuneration of Auditor 1   3.4   3.1  
             
Services other than audit – Remuneration of Auditor and associates               
Audit related services 2   1.6   1.2  
Tax services 3   0.5   0.7  
        2.1   1.9  

Notes

1. Remuneration of the Auditor for the audit of the Group includes remuneration and expenses of the Auditor in respect of the statutory report to the members of the Company for the year 2005 amounting to £66,000 (2004 £65,000).
 
2. Expenditure in 2005 related principally to assistance in preparation for Sarbanes-Oxley Section 404, employee benefit plans and review of interim financial statements. The expenditure for 2005 comprised audit related regulatory reporting £0.5m (2004 £0.4m) and further assurance services £1.1m (2004 £0.8m). Expenditure on audit related services in 2004 related principally to the transition to IFRS reporting, employee benefit plans and the review of interim financial statements.
 
3. Tax services for 2005 related to advisory services £0.3m (2004 £0.4m) and compliance services £0.2m (2004 £0.3m).

EXCERPTS ON THIS PAGE:

20-F
Mar 31, 2006
6-K
Mar 14, 2006

RELATED TOPICS for ICI:

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