50.1 Audit fee payable to the audit firm auditing the financial statements
The table below presents the amounts due to the PZU Group’s audit firm (KPMG Audyt sp. z ograniczoną odpowiedzialnością sp. k., “KPMG”) for the audit of financial statements of the consolidated PZU Group entities performed by KPMG, paid or payable for the period, plus VAT, determined in accordance with the accrual principle.
| Item | 1 January – 31 December 2017 (000s PLN) | 1 January – 31 December 2016 (000s PLN) |
| Audit of financial statements | 7,673 | 2,120 |
| Other assurance services | 3,568 | 3,440 |
| Total | 11,241 | 5,560 |
On 18 February 2014, the PZU Supervisory Board selected KPMG Audyt Spółka z ograniczoną odpowiedzialnością Sp.k. with its registered office in Warsaw, ul. Inflancka 4A, 00-189 Warsaw, entered by the National Chamber of Statutory Auditors in the list of audit firms under no. 3546 as an entity auditing financial statements for the years 2014-2016, and on 27 April 2017, the PZU Supervisory Board exercised the option of extending this cooperation to include the years 2017-2018.
