Sandvik logo

G5 Remuneration to auditors

Fees and remuneration to the auditors for the Group were as follows:

 

2022

2023

PwC

 

 

Audit fees

–80

–89

Audit activities other than the audit assignment

–1

Tax consultancy services

–3

–18

Other Services

–50

–12

Total

–135

–119

Other Audit firms

 

 

Audit fees

–19

–15

Audit activities other than the audit assignment

–21

–3

Tax consultancy services

–26

–28

Other Services

–37

–74

Total

–103

–120

Audit refers to the statutory audit of the financial statements, the accounting records and the administration of the business by the Board of Directors and the President and CEO, and auditing and other review procedures performed in accordance with agreements or contracts. This includes other procedures required to be performed by the company’s auditors as well as other services caused by observations during the performance of such examination and other procedures.

Tax consultancy services relate to services in the tax area. Other services essentially comprise advice in areas closely related to the audit, such as other assurance, advice on accounting issues and due diligence services in connection with acquisitions.