First Data 2014 Annual Report Download - page 133

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We are privately held and none of the members of our Board of Directors are independent under the standards of the New York Stock Exchange except Ms.
Miller and Mr. Nevels. Messrs. Bisignano and Mr. Plumeri are not independent as they are employed by us and Messrs. Kravis, Nuttall and Olson are not
independent due to their affiliation with KKR. Mr. Forehand is not independent as he was our interim Chief Executive Officer from March 2010 until
October 2010 and is a Senior Advisor of KKR.
 
We retained Ernst & Young LLP to audit the accounts and the accounts of our subsidiaries for 2014 and 2013. Ernst & Young LLP has served as the
independent registered public accounting firm for us or its predecessor entities since 1980.

The following table shows the fees for audit and other services provided by Ernst & Young LLP for 2014 and 2013:



Audit Fees
$ 7.8
$ 7.2
Audit-Related Fees
2.8
2.8
Tax Fees
0.9
0.8
 This category includes fees related to the audit of our annual consolidated financial statements; the review of our quarterly consolidated financial
statements; statutory audits required domestically and internationally; comfort letters, consents, and assistance with and review of documents filed with the
SEC; offering memoranda, purchase accounting and other accounting, and financial reporting consultation and research work billed as audit fees or necessary
to comply with the standards of the Public Company Accounting Oversight Board (United States).
The category consists of fees for audit-related services that are reasonable related to the performance of the audit or review of our
consolidated financial statements. Audit-related fees primarily include fees related to service auditor examinations, due diligence related to mergers and
acquisitions, attest services that are not required by statute or regulation, and consultation concerning financial accounting and reporting standards not
classified as audit fees.
 This category consists of fees for tax compliance, tax advice and tax planning services.
 This category consists of fees for services that are not included in the above categories. We did not pay Ernst & Young any other fees for
services that are not included in the categories above.
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
Our Audit Committee has established a policy to pre-approve all audit and non-audit services provided by the independent registered public accounting firm.
These services may include audit services, audit-related services, tax services, and other services. Pursuant to the policy, our Audit Committee annually
reviews and pre-approves services that may be provided by the independent registered public accounting firm for each audit year. The pre-approval is
detailed as to the particular service or category of services and is subject to a specific budget. Once pre-approved, the services and pre-approved amounts are
monitored against actual charges incurred and modified if appropriate. The Chairperson of the Committee has the authority to pre-approve such services
between meetings of our Audit Committee and reports such pre-approvals to our Audit Committee at the next regularly scheduled meeting.
During 2014, all audit and non-audit services provided by Ernst & Young LLP were pre-approved by our Audit Committee of the Board of Directors or,
consistent with the pre-approval policy of our Audit Committee, by the Chairperson of our Audit Committee for inter-meeting pre-approvals.
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