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BRADKEN LIMITED ANNUAL REPORT 2013 25
Bradken Limited
Directors' report (continued)
30 June 2013
E. Other information
Non-audit services
2013
2012
$
$
Other assurance services
1. Audit services
PricewaterhouseCoopers Australian firm:
Audit and review of financial reports and other audit work under
Corporations Act 2001
409,550
444,234
Related practices of PricewaterhouseCoopers Australian firm
389,601
619,044
Non-PricewaterhouseCoopers audit firm (Deloittes NZ)
22,821
28,351
Non-PricewaterhouseCoopers audit firm (Grant Thornton US)
290,000
249,564
Total remuneration for audit services
1,111,972
1,341,193
2. Other assurance services
PricewaterhouseCoopers Australian firm:
Accounting services
26,000
25,856
Related practices of PricewaterhouseCoopers Australian firm
Accounting services
68,431
23,100
Non-PricewaterhouseCoopers audit firm (Ernst & Young China)
Transfer pricing services
21,599
-
Non-PricewaterhouseCoopers audit firm (Fubang China)
Capital verification services
-
2,404
Total remuneration for other assurance services
116,030
51,360
Total remuneration for assurance services
1,228,002
1,392,553
Taxation services
PricewaterhouseCoopers Australian firm:
Tax compliance services, including review of Company income tax returns
344,860
454,225
Related practices of PricewaterhouseCoopers Australian firm
74,694
136,149
Non-PricewaterhouseCoopers audit firm (Deloittes NZ)
13,487
11,307
Non-PricewaterhouseCoopers audit firm (KPMG US)
397,254
430,417
Non-PricewaterhouseCoopers audit firm (Ernst & Young Malaysia)
3,461
-
Non-PricewaterhouseCoopers audit firm (Tianrui China)
-
685
Non-PricewaterhouseCoopers audit firm (PT The Practice Indonesia)
-
860
Non-PricewaterhouseCoopers audit firm (WK Wilton South Africa)
-
3,771
Total remuneration for taxation services
833,756
1,037,414
Consolidated
During the year the following fees were paid or payable for services provided by the auditor of the parent entity, its related
practices and non-related audit firms:
The Company may decide to employ the auditor on assignments additional to their statutory audit duties where the auditor's
expertise and experience with the Company and/or Group are important.
Details of the amounts paid to auditors for audit and non-audit services provided during the year are set out below.
The Board of directors has considered the position and, in accordance with advice received from the Audit and Risk Committee,
is satisfied that the provision of the non-audit services is compatible with the general standard of independence for auditors
imposed by the Corporations Act 2001 for the following reasons:
all non-audit services have been reviewed by the Audit and Risk Committee to ensure they do not impact the impartiality and
objectivity of the auditor
none of the services undermine the general principles relating to auditor independence as set out in Professional Statement
F1, including reviewing or auditing the auditor’s own work, acting in a management or decision making capacity for the
Company, acting as advocate for the Company or jointly sharing economic risks and rewards.
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Bradken Limited