9.1 Duration and term of office of the Auditor-in-charge
The statutory auditors are appointed annually by the Annual General Meeting. KPMG AG, Muri bei Bern, has acted as the statutory auditor of Swisscom Ltd and its Group companies (with the exception of Fastweb S.p.A, which is audited by PriceWaterhouseCoopers S.p.A.) since 1 January 2004. Hans‑peter Stocker of KPMG AG has been responsible for the mandate as Auditor-in-charge since 2015.
9.2 Audit fees
Fees for auditing services provided by KPMG AG in 2015 amounted to CHF 3,413 thousand (prior year: CHF 3,149 thousand). PricewaterhouseCoopers S.p.A. as auditors for Fastweb received remuneration of CHF 678 thousand in 2015 (prior year: CHF 785 thousand).
9.3 Supplementary fees
Fees of KPMG AG for additional -audit-related services amounted to CHF 201 thousand (prior year: CHF 548 thousand) and for other services to CHF 1,533 thousand (prior year: CHF 635 thousand). The supplementary fees primarily comprise advisory services in connection with company takeovers, the sale of real estate and taxes. Fees of PricewaterhouseCoopers S.p.A. for additional audit-related services for Fastweb amounted to CHF 155 thousand (prior year: CHF 133 thousand).
9.4 Supervision and controlling instruments vis-à-vis the auditors
In order to ensure the independence of the auditors, the Audit Committee (where the fee exceeds CHF 300,000) or the CFO of the local Group company must also approve additional assignments. The Audit Committee is reported to quarterly by the CFO and annually by the auditors on current mandates being performed by the auditors, broken down into audit services, audit-related services and non-audit services. The statutory auditors, represented by the Auditor-in-charge and his deputy, usually attend all Audit Committee meetings. They report to the Committee in detail on the conduct and results of their work, in particular regarding the annual financial statement audit. They submit a written report to the Board of Directors and the Audit Committee on the conduct and results of the audit of the annual financial statements, as well as on their findings with regard to accounting and the internal control system. The Chairman of the Audit Committee liaises closely with the Auditor-in-charge outside the meetings of the Audit Committee and regularly reports to the Board of Directors.