31.Auditor’s Fees
Since fiscal 2018 KPMG AG Wirtschaftsprüfungsgesellschaft, Düsseldorf, (KPMG AG) has been the elected statutory auditor of Covestro AG and Covestro Group. Dr. Markus Zeimes is the auditor responsible for carrying out the audit. Dr. Markus Zeimes and Oliver Geier first signed the Independent Auditor’s Report as of December 31, 2018. The following fees were recognized as expenses for the services provided by KPMG AG:
|
|
|
|
|
|
|
2019 |
|
2020 |
|---|---|---|---|---|
|
|
€ million |
|
€ million |
Audit services |
|
2.1 |
|
2.3 |
Other attestation services |
|
0.2 |
|
0.2 |
Tax services |
|
0.2 |
|
0.1 |
Other services |
|
– |
|
0.1 |
Total |
|
2.5 |
|
2.7 |
The fees for audit services for fiscal 2020 mainly comprise those for the statutory audit of the consolidated financial statements of the Covestro Group, the review of the Covestro Group’s interim report for the period ended June 30, 2020, and the audit of the financial statements of Covestro AG and its subsidiaries in Germany.
The fees for other attestation services in fiscal 2020 particularly contain the assurance of sustainability information and special audits concerning energy-related topics. Tax services include mainly consultancy services for the preparation of tax reports and matters related to VAT. Other services essentially comprise fees for IT security audits.