Volvo 2003 Annual Report Download - page 64

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62
The Volvo Group
Notes to consolidated financial statements
Note 33 Fees to the auditors
Audit fees 2001 2002 2003
Audit fees to PricewaterhouseCoopers 60 63 66
Audit fees to other audit firms 14 4 3
Total 74 67 69
Other fees to PricewaterhouseCoopers
Fees for audit related services 59 22 23
Fees for tax services 47 43 30
Fees for other services 15 25 11
Total 121 90 64
Fees and other remuneration to external auditors total 195 157 133
Auditing assignments involve examination of the annual report and
financial accounting and the administration by the Board and the
President, other tasks related to the duties of a company auditor and
consultation or other services that may result from observations
noted during such examination or implementation of such other
tasks. All other tasks are defined as other assignments.
1Including current and former Board members, Presidents and Executive
Vice Presidents.
2Of the Parent Company’s pension costs, 19.3 (47.1; 21.9) pertain to
Board members and Presidents. The Company’s outstanding pension
obligations to these individuals amount to 290.8 (334.7; 319.1).
3Of the Group’s pension costs, 170.7 (135.9; 100.3) pertain to Board
members and Presidents. The Group’s outstanding pension obligations to
these individuals amount to 732.7 (670.3; 558.4).
Wages, salaries 2001 2002 2003
and other of which of which of which
remunerations, Board and variable Other Board and variable Other Board and variable Other
SEK M Presidents1salaries employees Presidents1salaries employees Presidents1salaries employees
AB Volvo
Sweden 24.4 1.9 70.3 22.7 3.4 93.9 29.6 7.7 85.7
Subsidiaries
Sweden 64.4 11.3 7,277.4 64.6 9.0 7,553.4 77.7 10.7 8,028.5
Western Europe 356.0 14.2 7,661.3 381.7 15.7 7,802.2 390.3 25.8 8,352.1
Eastern Europe 11.7 3.8 214.4 6.1 – 247.0 7.3 – 281.5
North America 174.5 14.3 7,135.9 170.1 13.2 6,200.9 184.5 12.9 5,075.3
South America 48.5 2.7 355.3 37.5 1.8 298.2 38.3 – 276.8
Asia 47.7 1.2 660.1 43.5 1.1 700.1 42.4 0.9 670.4
Other countries 13.0 – 231.1 9.2 – 295.7 8.9 – 325.8
Group total 740.2 49.4 23,605.8 735.4 44.2 23,191.4 779.0 58.0 23,096.1
Wages,
salaries, other 2001 2002 2003
remunerations Wages, of which Wages, of which Wages, of which
and social salaries, Social pension salaries, re- Social pension salaries, re- Social pension
costs, SEK M remunerations costs costs munerations costs costs munerations costs costs
AB Volvo 294.7 111.9 92.5 116.6 192.8 167.9 115.3 80.0 54.0
Subsidiaries 24,251.3 8,995.1 3,239.7 23,810.2 10,016.0 4,304.1 23,759.8 10,565.8 3,820.2
Group total 324,346.0 9,107.0 3,332.2 23,926.8 10,208.8 4,472.0 23,875.1 10,645.8 3,874.2