Volvo 2004 Annual Report Download - page 85

Download and view the complete annual report

Please find page 85 of the 2004 Volvo 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 128

  • 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
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

83
Note 32Fees to the auditors
Audit fees 2002 2003 2004
Audit fees to PricewaterhouseCoopers 63 66 78
Audit fees to other audit firms 4 3 2
Total 67 69 80
Other fees to PricewaterhouseCoopers
Fees for audit related services 22 23 20
Fees for tax services 43 30 16
Fees for other services 25 11 0
Total 90 64 36
Fees and other remuneration to external auditors total 157 133 116
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.
2The Parent Company’s pension costs, pertaining to Board members and
Presidents are disclosed in Note 22 in the Parent Company. The Parent
Company’s outstanding pension obligations according to RR29 for these
individuals amount to 405.2 (290.8; 334.7).
3Of the Group’s pension costs, 157.8 (170.7; 135.9) pertain to Board
members and Presidents. The Group’s outstanding pension obligations to
these individuals amount to 838.3 (732.7; 670.3).
Wages, salaries 2002 2003 2004
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 22.7 3.4 93.9 29.6 7.7 85.7 33.4 11.6 106.3
Subsidiaries
Sweden 64.6 9.0 7,553.4 77.7 10.7 8,028.5 79.3 15.5 9,041.7
Western Europe 381.7 15.7 7,802.2 390.3 25.8 8,352.1 442.3 10.9 8,905.3
Eastern Europe 6.1 – 247.0 7.3 – 281.5 14.5 0.2 367.0
North America 170.1 13.2 6,200.9 184.5 12.9 5,075.3 209.1 10.2 5,292.7
South America 37.5 1.8 298.2 38.3 – 276.8 45.6 2.7 325.5
Asia 43.5 1.1 700.1 42.4 0.9 670.4 49.9 0.7 724.9
Other countries 9.2 – 295.7 8.9 – 325.8 12.7 0.0 394.5
Group total 735.4 44.2 23,191.4 779.0 58.0 23,096.1 886.8 51.8 25,157.9
Wages,
salaries, other 2002 2003 2004
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 2116.6 192.8 167.9 115.3 80.0 54.0 139.7 80.7 48.7
Subsidiaries 23,810.2 10,016.0 4,304.1 23,759.8 10,565.8 3,820.2 25,905.0 10,964.8 4,365.2
Group total 323,926.8 10,208.8 4,472.0 23,875.1 10,645.8 3,874.2 26,044.7 11,045.5 4,413.9