Expenses incurred in relation to the audit of the
standalone and consolidated financial statements of the Company, as well as
other services provided by PricewaterhouseCoopers (PwC) as follows:
(in HUF millions) | For the year ended December 31, | |
2017 | 2018 | |
Audit of the financial statements | 380 | 438 |
Other audit related fees | 29 | 43 |
Other non audit related fees | - | 41 |
Total expenses payable to PwC | 409 | 522 |
Audit of the financial statements
is the aggregate fees of PwC in connection with the audit
of our annual financial statements and services performed in relation to legal
obligations and submissions required by regulatory provisions.
Other audit-related fees are the aggregate fees of PwC for
services which are normally performed by the external auditor in connection
with the auditing of the annual financial statements, e.g. advice on issues of
accounting and reporting, which were not classified as audit services.
Other non audit related fees are fees of PwC primarily related to consulting
services and services like participation by Magyar Telekom employees in
conferences and training sessions organized by PwC.