Airbus 2015 Annual Report Download - page 261

AIRBUS GROUP FINANCIAL STATEMENTS 2015 l 79 l
Notes to the IFRSConsolidatedFinancialStatements
2.
2.8 Other Notes
proceedings cannot be fully assessed at this stage. The
arbitration is not expected to be completed before the end
of 2016.
In the course of another commercial dispute, the Group received
a statement of claim alleging liability for refunding part of the
purchase price of a large contract which the customer claims
it was not obliged to pay. The Group believes that this claim,
which goes back many years, should be dismissed in principle.
The dispute is currently the subject of arbitration.
In light of regulatory investigations and commercial disputes,
including those discussed above, the Group has determined
to enhance certain of its policies, procedures and practices,
including Ethics and Compliance. The Group is accordingly
in the process of revising and implementing improved
procedures, including those with respect to its engagement
of consultants and other third parties, in particular in respect
of sales support activities, and is conducting enhanced due
diligence as a pre-condition for future or continued engagement
and corresponding payment. The Group believes that these
enhancements to its controls and practices best position it for
the future, particularly in light of advancements in regulatory
standards. The Group cannot exclude that these changes lead
to additional commercial disputes or other consequences in
the future.
37. Auditor Fees
With reference to Section2:382a(1) and(2) of the Netherlands Civil Code, the following fees for the financial year2015 have been
charged by KPMG to the Company, its subsidiaries and other consolidated entities:
In € thousand In % In € thousand In %
Audit    
Audit process, certification and examination of
individual and consolidated accounts 6,008 47.0 5,812 66.5
Additional tasks(1) 6,16 0 48.2 2,344 26.9
Sub-total 12,168 95.2 8,156 93.4
Other services as relevant    
Legal, tax, employment 608 4.8 573 6.6
Sub-total 608 4.8 573 6.6
Total 12,776 100.0 8,729 100.0
2015 2014
(1) Mainly transaction related work.
In 2015 and 2014, the AirbusGroup was audited by KPMG only. Other audit firms have audit fees related to audit process,
certification and examination of individual and consolidated accounts of € 6million in 2015 (2014: € 6million).
38. Events after the Reporting Date
There are no significant events after the reporting date.
These Consolidated Financial Statements have been authorised for issuance by the Board of Directors on 23February 2016.
Financial Statements 2015
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QRegistration Document 2015
Annual Report 2015 Financial Statements 2015
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