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PNC » Topics » The following table summarizes the aggregate fees billed to PNC by Deloitte & Touche LLP for 2006 and 2005.

This excerpt taken from the PNC DEF 14A filed Mar 23, 2007.

The following table summarizes the aggregate fees billed to PNC by Deloitte & Touche LLP for 2006 and 2005.

 

     2006    2005

Audit Fees

    $ 9,893,625    $ 12,378,574

Audit-Related Fees

    $ 639,515    $ 790,792

Tax Fees

    $ 53,457    $ 101,297

All Other Fees

    $ 123,020    $ 296,835
             

Total Fees Billed

    $ 10,709,617    $ 13,567,498
             

 

Note: The 2005 amounts listed above include fees for services billed to PNC with respect to BlackRock, Inc., a former consolidated subsidiary of PNC. BlackRock was deconsolidated from PNC following the merger of BlackRock and Merrill Lynch Investment Managers on September 29, 2006. Although the fees paid by BlackRock for 2006 include services provided prior to the deconsolidation, BlackRock was no longer a consolidated subsidiary at the effective date of the audit. As a result, the 2006 amounts listed above do not include any fees for services with respect to BlackRock. Based on information provided to us by BlackRock, the aggregate fees for total services billed to BlackRock by Deloitte & Touche LLP in 2006 were approximately $11 million.

 

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