Mercedes 2013 Annual Report Download - page 260

264
38. Principal accountant fees
The shareholders of Daimler AG elected KPMG AG Wirtschafts-
prüfungsgesellschaft as the external auditor at the Annual
Shareholders’ Meeting held on April 10, 2013. The fees paid for
services provided by KPMG AG Wirtschaftsprüfungsgesell-
schaft and companies of the worldwide KPMG group are shown
in table  F.99.
The annual audit fees are for the audit of the consolidated
financial statements and the company financial statements
of Daimler AG and all subsidiaries included in the Group’s
consolidated financial statements. Fees for other attestation
services include in particular the review of the interim IFRS
financial statements (2013: €5 million; 2012: €5 million) and fees
relating to the audit of the internal control system (2013: €3
million; 2012: €3 million). The remaining fees primarily relate
to project-related reviews performed in the context of the
introduction of IT systems, attestation services in connection
with capital market actions, other assurance services and
to a small extent voluntary audits.
The Audit Committee of the Supervisory Board of Daimler AG
prepares a recommendation each year on the appointment
of the auditor it has classified as independent. The independent
auditor is then elected by the Annual Shareholders’ Meeting
of Daimler AG on the basis of the recommendation of the Super-
visory Board. After the external auditor is appointed, the
Audit Committee approves the conditions, scope and fees
for the audit services.
For all other permissible attestation services and other
services (so-called non-audit services), the Audit Committee
has implemented an approval process to monitor the inde-
pendence of the external auditor, which regulates the principles
and procedure of an advance approval of non-audit services
by means of a clearly defined catalogue of services.
39. Additional information
German Corporate Governance Code. The Board of Mana-
gement and the Supervisory Board of Daimler AG have issued
a declaration pursuant to Section 161 of the German Stock
Corporation Act and have made it permanent available to their
shareholders on Daimler’s website at w daimler.com/
company/organization-and-management/corporate-governance/
declaration.
Third-party companies. At December 31, 2013, the Group
was a shareholder of the companies included in table  F.10 0
that meet the criteria of a significant third-party company
as defined by the German Corporate Governance Code.
Information on investments. The statement of investments
of Daimler AG pursuant to Sections 285 and 313 of the
German Commercial Code (HGB) is presented in table  F.101.
Information on equity and earnings is omitted pursuant to
Section 286 Subsection 3 Sentence 1 No. 1 of the HGB respec-
tively Section 313 Subsection 2 No. 4 Sentence 3 of the HGB
if such information is of minor relevance for a fair presentation
of the financial position, cash flows and profitability of
Daimler AG or if according to Section 285 No. 11 and 11a of
the HGB respectively Section 313 Subsection 2 No. 4 of
the HGB no obligation exists. In addition, it is indicated in the
statement of investments (footnote 2) which consolidated
companies make use of the exemption pursuant to Section 264
Subsection 3 or Section 264b of the HGB. The consolidated
financial statements of Daimler AG release those subsidiaries
from the requirements that would otherwise apply.
F.99
Accountant fees
2013 2012
In millions of euros
Audit of financial statements 24 24
thereof in Germany 10 10
Other attestation services 13 15
thereof in Germany 10 9
Tax consulting 2.
thereof in Germany 2.
Other services 34
thereof in Germany 23
42 43
Name of the company Renault SA2
Nissan Motor
Company Ltd.3
Headquarters of the company
Boulogne-Billancourt,
France
Tokyo,
Japan
Equity interest in %13.1 3.1
Total equity in millions of euros 22,837 30,887
Net profit in millions of euros 586 3,201
1 As of December 31, 2013.
2 Based on IFRS consolidated financial statements
for the year ended December 31, 2013.
3 Based on national consolidated financial statements
for the year ended March 31, 2013.
F.10 0