Updated: 8.2.2012
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Auditors
The Annual General Meeting elects Sanoma's auditor annually. In 2011, KPMG Oy Ab, a firm of Authorised Public Accountants, acted as the Group's auditor in charge. KPMG was first elected as the Group's auditor in the AGM of 2006.
Sanoma pays its auditors according to their invoice and in 2011 KPMG received from the Group a total of EUR 2.1 million (2010: 2.0 million) in remuneration, of which the non-audit services accounted for EUR 0.6 million (2010: 0.5 million). This other remuneration was paid to auditors for, e.g., circulation audits in countries with no official national circulation audit in place and for consulting services related to matters such as corporate transactions.
| Audit fees, EUR million | 2011 | 2010 |
| Statutory audit | 1.5 | 1.4 |
| Certificates and statements | 0.1 | 0.1 |
| Tax counselling | 0.1 | 0.0 |
| Other services | 0.4 | 0.4 |
| Total | 2.1 | 2.0 |
