The appointment of PricewaterhouseCoopers Auditores, S.L. as Account Auditor of Repsol, S.A. and its Consolidated Group for the review of the Annual Accounts and the Management Report of Repsol, S.A. and of its Consolidated Group for the years 2018, 2019, and 2020.
In 2019, the amount of the fees approved for the auditing work carried out by PricewaterhouseCoopers Auditores, S.L. and its organisation for the Company and companies in its Group amounted to €7.1 million.
In addition, the fees approved for PwC for professional services relating to auditing and other services amounts to €0.7 million and €4 thousand, respectively.
Below is a detail of the fees charged to the Company and its related companies for a control relationship broken down by concept, both for audit and non-audit services, during the year ended December 31st, 2019 by PwC and its network:
|Thousand euros||PricewaterhouseCoopers |
|Other PwC network||Total|
|Audit services 1||4.4||2.7||7.1|
(1) At PricewaterhouseCoopers Auditores, S.L., this heading includes checks and certifications for partners and official bodies, reports for the issue of bonds, and other negotiable securities (Comfort letters), as well as non-financial information in the consolidated management report.
A breakdown of the above-mentioned services and amounts is included in the Report of the Audit and Control Committee on the Independence of the External Auditor (Only available in Spanish | PDF | 670 KB).
The amount of the approved fees (1) for this work and the percentage they represent of the approved fees to the Company and/or its Group, for the year 2019:
|Amount of non-audit work(2) (thousand euros)||288||449||737|
|Amount of non-audit work / Amount of audit work (%)||9%||10%||9%|
(1)Amounts approved by the Audit Committee and Control for the year 2019.
(2) Includes the amount of other services related to the audit (verifications and certifications for partners and official bodies, reports for the issuance of obligations and other negotiable securities (Comfort letters), as well as verification of the non-financial information in the management report consolidated), and other services (mainly advisory work in the field of information technology).
As of December 31st, 2019, the services provided other than audit work comprised 9% of the total amount of the fees of PwC.