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53. Auditor’s fees for the financial year pursuant to § 314 Section 1 No. 9 of the German Commercial Code (HGB)

The auditor KPMG AG Wirtschaftsprüfungsgesellschaft invoiced total professional fees in the amount of €4.0 million for services rendered. €3.8 million of this amount was attributable to professional fees for the audit of the financial statements and €0.2 million to other assurance services. Only services that are consistent with the task of the auditor of the annual financial statements and consolidated financial statements of METRO AG were provided.

The fees for audit services provided by KPMG AG Wirtschaftsprüfungsgesellschaft relate to the audit of the consolidated financial statements and the annual financial statements of METRO AG, including statutory mandate extensions. In addition, the fees for the audits of IFRS reporting packages of subsidiaries of METRO AG for inclusion in the METRO consolidated financial statements as well as for the audits of annual financial statements of subsidiaries under commercial law are included. Moreover, reviews of interim financial statements and audit-related services pursuant to ISAE 3402 were performed.

Other assurance services relate to agreed audit procedures (for example compliance certificates and declarations of completeness in accordance with the German Packaging Ordinance and valuation certificates) as well as to business audits of the risk management system, the combined non-financial statement and the Corporate Responsibility Report.

Furthermore, other services were provided to a lesser extent in connection with the introduction of an archiving system.

Audit
A procedure that assesses an organisation’s processes and structures according to previously formulated standards and guidelines. For example, an audit provides information on the effectiveness of process optimisation measures. If an audit is conducted by an external auditor, the certificate issued after the review can be used as evidence of adherence to standards.
Glossary
Compliance
All measures specifying compliance with legal requirements as well as social guidelines and values by a company and its employees.
Glossary
IFRS (International Financial Reporting Standards)
Internationally applicable rules for financial reporting developed by the IASB.
Glossary
ISAE (International Standard on Assurance Engagements)
Standards for the procedure of auditors for assurance engagements published by the International Auditing and Assurance Standards Board and intended for uniform application worldwide.
Glossary

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