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SHI » Topics » ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

This excerpt taken from the SHI 20-F filed May 20, 2009.

ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The following table summarizes the fees charged by KPMG, our principal accountant, for certain services rendered to us during 2007 and 2008.

 

     For the year ended
December 31,
     (in thousands of RMB)
     2007    2008

Audit fees (1)

    8,727    8,310

Audit-related fees (2)

    —      —  

Tax fees (3)

    —      —  

All other fees (4)

    —      —  
         

Total

    8,727    8,310
         

 

(1) “Audit fees” means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for the audit of our annual financial statements.
(2) “Audit-related fees” means the aggregate fees billed in each of the fiscal years listed for assurance and related services rendered by our principal auditors for the audit of our financial information.
(3) “Tax fees” means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for tax compliance, tax advice and tax planning.
(4) “All other fees” means the aggregate fees billed in each of the fiscal years listed for products and services provided by the our principal accountant, other than the services reported under audit fees, audit-related fees and tax fees.

Audit Committee Pre-approval Policies and Procedures

Our audit committee has adopted procedures which set forth the manner in which the committee will review and approve all audit and non-audit services to be provided by KPMG. The pre-approval procedures are as follows:

 

  •  

Any audit or non-audit service to be provided to us by the independent accountant must be (i) pre-approved by the audit committee; or (ii) pre-approved by one or several committee members designated by the committee and rectified by the audit committee.

This excerpt taken from the SHI 20-F filed Jun 30, 2006.

ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

The following table summarizes the fees charged by KPMG, our principal accountant, for certain services rendered to us during 2004 and 2005.

 

     For the year ended
December 31,
     (in thousands of US$)
     2004    2005

Audit fees (1)

    650    744

Audit-related fees (2)

    —      —  

Tax fees (3)

    —      —  

All other fees (4)

    —      —  
         

Total

    650    744
         
(1) “Audit fees” means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for the audit of our annual financial statements.
(2) “Audit-related fees” means the aggregate fees billed in each of the fiscal years listed for assurance and related services rendered by our principal auditors for the audit of our financial information.
(3) “Tax fees” means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for tax compliance, tax advice and tax planning.

 

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Table of Contents
(4) “All other fees” means the aggregate fees billed in each of the fiscal years listed for products and services provided by the our principal accountant, other than the services reported under audit fees, audit-related fees and tax fees.

Audit Committee Pre-approval Policies and Procedures

Our audit committee has adopted procedures which set forth the manner in which the committee will review and approve all audit and non-audit services to be provided by KPMG. The pre-approval procedures are as follows:

 

  •   Any audit or non-audit service to be provided to us by the independent accountant must be (i) pre-approved by the audit committee; or (ii) pre-approved by one or several committee members designated by the committee and rectified by the audit committee.
This excerpt taken from the SHI 20-F filed Jun 27, 2005.

ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES

 

The following table summarizes the fees charged by KPMG, our principal accountant, for certain services rendered to us during 2003 and 2004.

 

83

Table of Contents
     For the year ended
December 31,
     (in thousands of US$)
     2003
    2004

Audit fees (1)

    550    650

Audit-related fees (2)

    —      —  

Tax fees (3)

    —      —  

All other fees (4)

    —      —  

Total

    550    650
(1) “Audit fees” means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for the audit of our annual financial statements.
(2) “Audit-related fees” means the aggregate fees billed in each of the fiscal years listed for assurance and related services rendered by our principal auditors for the audit of our financial information.
(3) “Tax fees” means the aggregate fees billed in each of the fiscal years listed for professional services rendered by our principal auditors for tax compliance, tax advice and tax planning.
(4) “All other fees” means the aggregate fees billed in each of the fiscal years listed for products and services provided by the our principal accountant, other than the services reported under audit fees, audit-related fees and tax fees.

 

Audit Committee Pre-approval Policies and Procedures

 

Our audit committee has adopted procedures which set forth the manner in which the committee will review and approve all audit and non-audit services to be provided by KPMG. The pre-approval procedures are as follows:

 

  •   Any audit or non-audit service to be provided to us by the independent accountant must be (i) pre-approved by the audit committee; or (ii) pre-approved by one or several committee members designated by the committee and rectified by the audit committee.

 

EXCERPTS ON THIS PAGE:

20-F
May 20, 2009
20-F
Jun 30, 2006
20-F
Jun 27, 2005

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