Audi 2008 Annual Report Download - page 241

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The extent of business relations between fully consolidated companies of the Audi Group and
non-consolidated companies, associated companies and other related parties is presented in the
following tables:
EUR million 2008 2007 2008 2007
Goods and services supplied Goods and services received
Associated companies 1,569 1,453 1 1
Non-consolidated subsidiaries 379 238 106 14
Porsche companies 982 833 15 13
EUR million Dec. 31, 2008 Dec. 31, 2007 Dec. 31, 2008 Dec. 31, 2007
Receivables from Liabilities to
Associated companies 232 149 6 31
Non-consolidated subsidiaries 117 26 42 10
Porsche companies 611 2 1
All business transactions with related parties have been conducted on the basis of internation-
ally comparable uncontrolled price methods pursuant to IAS 24, according to the terms that
customarily apply to outside third parties. The goods and services procured from related parties
primarily include supplies for production, as well as development, transportation, financial and
distribution services and, to a lesser extent, design, training and other services and supplies of
genuine parts. Business transacted for related parties mainly comprises sales of new and used
cars, engines and components, and allocation of cash and cash equivalents in the form of loans,
fixed deposits and overnight deposits.
Members of the Boards of Management or Supervisory Boards of Volkswagen AG and AUDI AG
also belong to the supervisory or management boards of other companies with which the Audi
Group maintains business relations. All transactions with such companies are similarly con-
ducted according to the terms that customarily apply to outside third parties. A full list of the
supervisory board mandates of members of the Board of Management and Supervisory Board of
AUDI AG is presented in the Financial Statements of AUDI AG.
In the same manner, the service relationships with the members of the Boards of Management
and Supervisory Boards of Volkswagen AG and AUDI AG were conducted at arm’s length. As in
the previous year, the volume of transactions was low. Services having a total value of EUR 615
thousand were purchased from this group of persons during the year under review, and services
with a total value of EUR 106 thousand were provided by the Audi Group. For details of the re-
muneration paid to the members of the Board of Management and Supervisory Board of
AUDI AG, please refer to Note 48, “Details relating to the Supervisory Board and Board of Man-
agement.”
AUDI AG and its Group companies primarily deposit their cash funds with the Volkswagen Group
or take up cash funds from the Volkswagen Group. All transactions are processed under market
conditions.
45 Auditor’s fees
EUR thousand 2008 2007
Auditing of the financial statements 707 438
Other certification or valuation services 113 90
Tax consultancy services 164 8
Other services 155 246
Total 1,139 782
Based on the requirements of commercial law, the auditor’s fees include auditing of the Con-
solidated Financial Statements and auditing of the annual financial statements of the domestic
subsidiaries.