KFT » Topics » Independent Auditors Fees

This excerpt taken from the KFT DEF 14A filed Mar 31, 2009.

Independent Auditors’ Fees

Aggregate fees for professional services rendered by our independent auditors, PricewaterhouseCoopers LLP, for 2007 and 2008 were:

 

     2008    2007     

Audit Fees

   $ 16,073,000    $ 14,338,000   

Audit-Related Fees

     2,822,000      1,769,000   

Tax Fees

     1,938,000      1,500,000   

All Other Fees

     21,000      -   
                

Total

   $ 20,854,000    $ 17,607,000   
                

 

   

“Audit Fees” include (a) the integrated audit of our consolidated financial statements, including statutory audits of the financial statements of our affiliates, and our internal control over financial reporting, and (b) the reviews of our unaudited condensed consolidated interim financial statements (quarterly financial statements).

 

   

“Audit-Related Fees” include professional services in connection with employee benefit plan audits, due diligence related to acquisitions and divestitures, and procedures relating to various other audit and special reports.

 

   

“Tax Fees” include professional services in connection with tax compliance and advice.

 

   

“All Other Fees” include professional services in connection with benchmarking studies and seminars.

 

   

All fees above include out-of-pocket expenses.

 

23


Table of Contents
This excerpt taken from the KFT DEF 14A filed Mar 26, 2008.

Independent Auditors’ Fees

Aggregate fees for professional services rendered by our independent auditors, PricewaterhouseCoopers LLP, for 2006 and 2007 were:

 

     2007    2006     

Audit Fees

   $ 14,338,000    $ 14,700,000   

Audit-Related Fees

     1,769,000      2,300,000   

Tax Fees

     1,500,000      1,500,000   

All Other Fees

     0      0   
                

Total

   $ 17,607,000    $ 18,500,000   
                

 

   

“Audit Fees” include (a) the integrated audit of our consolidated financial statements, including statutory audits of the financial statements of our affiliates, and our internal control over financial reporting, and (b) the reviews of our unaudited condensed consolidated interim financial statements (quarterly financial statements).

 

   

“Audit-Related Fees” include professional services in connection with employee benefit plan audits, due diligence related to acquisitions and divestitures, and procedures relating to various other audit and special reports.

 

   

“Tax Fees” include professional services in connection with tax compliance and advice.

 

   

All fees above include out-of-pocket expenses.

 

21


Table of Contents
This excerpt taken from the KFT DEF 14A filed Mar 13, 2007.

Independent Auditors’ Fees

Aggregate fees for professional services rendered by PricewaterhouseCoopers for 2005 and 2006 were as follows:

 

 

2006

 

2005

 

Audit Fees

 

$

14,700,000

 

$

14,000,000

 

Audit-Related Fees

 

2,300,000

 

1,000,000

 

Tax Fees

 

1,500,000

 

1,600,000

 

All Other Fees

 

0

 

0

 

Total

 

$

18,500,000

 

$

16,600,000

 

 

·       Audit Fees include (i) the integrated audit of the Company’s consolidated financial statements, including statutory audits of the financial statements of the Company’s affiliates, and of its internal control over financial reporting, and (ii) the reviews of the Company’s unaudited condensed consolidated interim financial statements (quarterly financial statements).

·       Audit-Related Fees include professional services in connection with due diligence related to divestitures and an acquisition, employee benefit plan audits, and procedures relating to various other audit and special reports.

·       Tax Fees include professional services in connection with tax compliance and advice and preparation of employee expatriate tax returns. Effective in late 2004, the Company appointed a new service provider for the preparation of expatriate tax returns. Other than transitional work, the Company no longer uses PricewaterhouseCoopers for the preparation of expatriate tax returns.

·       All fees above include out-of-pocket expenses.

18




This excerpt taken from the KFT DEF 14A filed Mar 10, 2006.

Independent Auditors' Fees

Audit Fees

        Aggregate fees, including out-of-pocket expenses, for professional services rendered by PricewaterhouseCoopers in connection with (i) the integrated audit of the Company's consolidated financial statements as of and for the year ended December 31, 2005, including statutory audits of the financial statements of the Company's affiliates, and of its internal control over financial reporting as of December 31, 2005, and (ii) the reviews of the Company's unaudited condensed consolidated interim financial statements as of September 30, 2005, June 30, 2005, and March 31, 2005 were $14.0 million.

Aggregate fees for these services for the year ended December 31, 2004 were $14.5 million.

Audit-Related Fees

        Aggregate fees, including out-of-pocket expenses, for professional services rendered by PricewaterhouseCoopers for audit-related services for the year ended December 31, 2005 were $1.0 million. Audit-related services include due diligence related to divestitures and an acquisition, employee benefit plan audits, and procedures relating to various other audit and special reports.

Aggregate fees for these services for the year ended December 31, 2004 were $2.1 million.

Tax Fees

        Aggregate fees, including out-of-pocket expenses, for professional services rendered by PricewaterhouseCoopers in connection with tax compliance and advice and preparation of employee expatriate tax returns for the year ended December 31, 2005 were $1.6 million. Effective in late 2004, the Company appointed a new service provider for the preparation of expatriate tax returns. Other than transitional work, the Company no longer uses PricewaterhouseCoopers for the preparation of expatriate tax returns.

Aggregate fees for these services for the year ended December 31, 2004 were $3.5 million.

All Other Fees

        No fees were paid to PricewaterhouseCoopers during the years ended December 31, 2005 and 2004 for any other professional services.

This excerpt taken from the KFT DEF 14A filed Mar 4, 2005.

Independent Auditors' Fees

Audit Fees

        Aggregate fees, including out-of-pocket expenses, for professional services rendered by PricewaterhouseCoopers in connection with (i) the integrated audit of the Company's consolidated financial statements and internal control over financial reporting as of and for the year ended December 31, 2004, including statutory audits of the financial statements of the Company's affiliates, and of its internal control over financial reporting as of December 31, 2004, (ii) reviews of the Company's unaudited condensed consolidated interim financial statements as of September 30, 2004, June 30, 2004, and March 31, 2004, and (iii) reviews of documents filed with the Securities and Exchange Commission were $14.5 million.

Aggregate fees for these services for the year ended December 31, 2003 were $10.7 million.

Audit-Related Fees

        Aggregate fees, including out-of-pocket expenses, for professional services rendered by PricewaterhouseCoopers for audit-related services for the year ended December 31, 2004 were $2.1 million. Audit-related services include due diligence related to divestitures and an acquisition, review of the Company's procedures related to internal control over financial reporting, employee benefit plan audits, and procedures relating to various other audit and special reports.

Aggregate fees for these services for the year ended December 31, 2003 were $2.9 million.

Tax Fees

        Aggregate fees, including out-of-pocket expenses, for professional services rendered by PricewaterhouseCoopers in connection with tax compliance and advice for the year ended December 31, 2004 were $3.5 million. Tax services include U.S. and foreign tax compliance assistance, consultation and advice on various foreign tax matters, expatriate tax return preparation, transfer pricing documentation for compliance purposes, and advice relating to customs and duties compliance matters.

Aggregate fees for these services for the year ended December 31, 2003 were $6.9 million.

All Other Fees

        No fees were paid to PricewaterhouseCoopers during the years ended December 31, 2004 and 2003 for any other professional services.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki