Annual Report & Accounts 2009 - Anglo Irish Bank
Annual Report & Accounts 2009 - Anglo Irish Bank
Annual Report & Accounts 2009 - Anglo Irish Bank
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12. Auditors' remuneration (including irrecoverable VAT)<br />
On 1 September <strong>2009</strong> Ernst & Young resigned as auditors of the Group, and on 21 September <strong>2009</strong> Deloitte & Touche were<br />
appointed.<br />
Current auditors:<br />
15 months<br />
ended<br />
31 December<br />
<strong>2009</strong><br />
€m<br />
Statutory audit 1.0<br />
Audit related services 0.2<br />
Other services 1.0<br />
2.2<br />
Other fees for Deloitte & Touche relate primarily to advisory work in respect of the restructuring of the <strong>Bank</strong>, and include all<br />
fees earned since 1 October 2008. Of this amount, €0.3m was earned prior to their appointment as auditors on<br />
21 September <strong>2009</strong>.<br />
15 months Year<br />
ended ended<br />
31 December 30 September<br />
<strong>2009</strong> 2008<br />
€m €m<br />
Former auditors:<br />
Statutory audit 1.4 1.3<br />
Audit related services 0.2 0.5<br />
Other services 0.3 0.4<br />
1.9 2.2<br />
Statutory audit fees charged by Ernst & Young during the current period include fees for additional work performed in respect<br />
of the 2008 audit and fees in respect of their review of the <strong>Bank</strong>'s <strong>2009</strong> Interim <strong>Report</strong>.<br />
The Audit Committee has reviewed the level of fees and is satisfied that it has not affected the independence of the auditors.<br />
Audit related and other services fees are primarily in respect of tax compliance and advice and letters of comfort. Auditors'<br />
remuneration is included within administrative expenses.<br />
<strong>Anglo</strong> <strong>Irish</strong> <strong>Bank</strong><br />
<strong>Annual</strong> <strong>Report</strong> & <strong>Accounts</strong> <strong>2009</strong><br />
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