Auditing
Audited by an independent auditor
The consolidated financial statements of VIG Holding and its subsidiaries are audited annually by an independent auditor selected by the general meeting.
The general meeting of 21 May 2021 selected KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft (KPMG Austria GmbH) to be the financial statements auditor and consolidated financial statements auditor for the financial year 2022.
Auditing fees and auditing services
Expenses of EUR 1,977,000 were recognised during the financial year for services provided by KPMG Austria GmbH and the Austrian member firms (KPMG Austria wide).
| 1 Reference is made to the decision of the supervisory authority for financial statement auditors dated 14 April 2022 and to the amending decision dated 20 April 2022, which sets out the release of KPMG Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft as auditor of VIG from its requirements pursuant to Art. 4 (2) (1) Regulation EU No. 537/2014. The decision was issued in connection with the review of an annual financial statement as of 31 March 2022, which became necessary as a result of a bond issuance, and the associated payments. |
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| Composition | 2022 | 2021 | ||
| in EUR '000 | KPMG Austria wide | KPMG Austria GmbH1 | Total | Total |
| Audit of consolidated financial statements | - | 745 | 745 | 265 |
| Audit of parent company financial statements | - | 62 | 62 | 59 |
| Other audit services | 273 | 718 | 991 | 423 |
| Tax advisory fees | 3 | 0 | 3 | 9 |
| Fees for audit-related services | 40 | 136 | 176 | 608 |
| Total | 316 | 1,661 | 1,977 | 1,364 |
KPMG Austria GmbH appointed to audit the financial year 2023
On 20 May 2022, KPMG Austria GmbH was elected as auditors for the financial year ending on 31 December 2023 and was appointed by the Supervisory Board to audit the financial statements. KPMG Austria GmbH has been the auditor, without interruption, since the consolidated financial statements of 31 December 2013.
