WORK WITH US |  General Archive |  Suppliers |  Contacts 
it-ITen-GB

The audit of the Financial Statement and the Consolidated Financial Statement for the years 2011 to 2019 was entrusted, as resolved by the Shareholders’ Meeting on 13 May 2011 on proposal of the Board of Statutory Auditors, to the Auditing Company PricewaterhouseCoopers S.p.A.

In drafting the proposal for the assignment, the Board of Statutory Auditors verified in advance the independence requirements of the appointed company with regard to Terna and the Group. This company confirmed the independence requirements to the Board of Statutory Auditors for the 2017 financial year under the terms of Art. 17, paragraph 9, of Legislative Decree no. 39 of 27 January 2010.

The auditing manager for PricewaterhouseCoopers S.p.A. is Luca Bonvino. The company charged with the statutory audit of Terna’s Financial and Consolidated Financial Statement also has similar engagements with the Company’s main subsidiaries

The following tables show the fees due for the year 2017 for auditing services as indicated in the Company’s 2017 Annual Financial Report.

Table showing fees due for the year 2017 for auditing and other services provided by the Auditing Company to the Terna Group 

In euros Entity providing service Prices due for the year
Auditing and Accounting PWC S.p.A. 666,957
Attestation services PWC S.p.A. 115,418
Total 782,375

 

Table showing fees due for the year 2017 for auditing and other services provided by the Auditing Company to the Terna S.p.A. 

In euros Entity providing service Prices due for the year
Auditing and Accounting PWC S.p.A. 299,787
Attestation services PWC S.p.A. 115,418
Total 415,205