TomTom 2006 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2006 TomTom annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 73

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73

Supervisory Board report 27 TomTom Annual Report 2006
External audit
The Supervisory Board agrees the appointment and
compensation of the external auditor subject, in each
case, to the approval of the Company’s shareholders at
the Annual General Meeting of Shareholders. Deloitte
Accountants BV has acted as external auditor for the
Company since 2004. They have expressed their
willingness to continue in office. Resolutions proposing
their reappointment and authorising the Board to set
their remuneration will be submitted to the forthcoming
Annual General Meeting of Shareholders.
During the financial year 2006 the Supervisory Board
met three times with the external auditor together with
the Management Board. Prior to the meeting held in
February 2006, the Supervisory Board met separately
with the external auditor. The purpose of the meeting
without the Management Board was to facilitate free
and open discussions between the Supervisory Board
members and the external auditor.
The Supervisory Board reviewed the independence of
the external auditor, Deloitte Accountants B.V., taking
into account audit and non-audit services provided to the
Company and its subsidiaries. Below is a summary of
services performed by Deloitte Accountants B.V. and
affiliated service lines.
Type of service 2006 2005
(in thousands)
Statutory audit services 317 31% 170 52%
Other audit services 83 8% 50 15%
Tax services 635 61% 105 32%
Total 1,035 325
Supervisory Board
Amsterdam
The Netherlands
22 February 2007