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P ◀ CONTENTS ▶<br />
‡ Audit fees<br />
(euro in millions excluding VAT)<br />
Audit<br />
Corporate Governance<br />
Audit fees <strong>10</strong><br />
PricewaterhouseCoopers KPMG<br />
Amount % Amount %<br />
Fiscal<br />
2<strong>01</strong>1<br />
Fiscal<br />
2<strong>01</strong>0<br />
Fiscal<br />
2<strong>01</strong>1<br />
Fiscal<br />
2<strong>01</strong>0<br />
Fiscal<br />
2<strong>01</strong>1<br />
Fiscal<br />
2<strong>01</strong>0<br />
Fiscal<br />
2<strong>01</strong>1<br />
Fiscal<br />
2<strong>01</strong>0<br />
Audit of individual company financial statements<br />
and consolidated financial statements<br />
Issuer 0.6 0.6 <strong>10</strong>% <strong>11</strong>% 0.6 0.6 15% 15%<br />
Consolidated subsidiaries 4.7 4.3 74% 75% 3.1 3.2 76% 78%<br />
ToTAL<br />
other audit services<br />
5.3 4.9 84% 86% 3.7 3.8 91% 93%<br />
Issuer 0.1 0.1 1% 1% 0.1 0.1 2% 2%<br />
Consolidated subsidiaries 0.3 0.6 4% <strong>11</strong>% 0.1 0.2 3% 5%<br />
ToTAL 0.4 0.7 5% <strong>13</strong>% 0.2 0.3 5% 7%<br />
Sub-total Audit<br />
other services to consolidated subsidiaries<br />
5.7 5.6 89% 99% 3.9 4.1 96% <strong>10</strong>0%<br />
Legal, tax, labor 0.3 0.1 4% 1% 0.2 4% 0%<br />
Other 0.4 7%<br />
ToTAL 0.7 0.1 <strong>11</strong>% 1% 0.2 4% 0%<br />
ToTAL 6.4 5.7 <strong>10</strong>0% <strong>10</strong>0% 4.1 4.1 <strong>10</strong>0% <strong>10</strong>0%<br />
In order to ensure that the Group receives a consistent<br />
and high-quality service, and to centralize relations<br />
with the external auditors at Senior Management<br />
and Audit Committee level, the Audit Committee<br />
has prepared a plan whereby one or the other of the<br />
international firms retained as auditors by Sodexo<br />
(PricewaterhouseCoopers and KPMG, both members<br />
of the Regional Company of External Auditors of<br />
Versailles) will be appointed to act as auditor to<br />
virtually all Group subsidiaries representing 98% of<br />
financial statement audit fees, of which 57% were<br />
paid to PricewaterhouseCoopers and 41% to KPMG.<br />
Audit fees paid by Group subsidiaries to firms<br />
other than PricewaterhouseCoopers and KPMG<br />
(and member firms of their international networks)<br />
amounted to 0.2 million euro for Fiscal 2<strong>01</strong>1.<br />
The increase in fees paid is primarily due to fees paid<br />
in connection with acquisition projects during the<br />
fiscal year.<br />
The Audit Committee approved in advance all<br />
services performed by the auditors during Fiscal 2<strong>01</strong>1.<br />
The Audit Committee has established and<br />
implemented a policy to approve all audit missions<br />
and fees and to pre-approve other services provided<br />
by the external auditors.<br />
Sodexo Registration Document Fiscal 2<strong>01</strong>1<br />
267<br />
<strong>01</strong><br />
<strong>02</strong><br />
<strong>03</strong><br />
<strong>04</strong><br />
<strong>05</strong><br />
<strong>06</strong><br />
<strong>07</strong><br />
<strong>08</strong><br />
<strong>09</strong><br />
<strong>10</strong><br />
<strong>11</strong><br />
<strong>12</strong><br />
<strong>13</strong><br />
<strong>14</strong>
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