Audit and auditors

As of the 2012 Annual General Meeting, the auditor will be appointed yearly. The task of the auditor, on behalf of the shareholders, is to examine the company’s accounting records and annual report and the administration of the company by the Board of Directors and the President.

The auditing firm of PricewaterhouseCoopers AB (PwC) was re-elected by the 2008 Annual General Meeting to serve as Sweco’s auditor until the end of the 2012 Annual General Meeting. Auditor in Charge since 2008 is Authorised Public Accountant Lennart Danielsson. For the financial year 2011, fees for audit services amounted to SEK 3.5 million and for non-audit services to SEK 5.8 million. In 2010, fees for non-audit services amounted to SEK 3.7 million. Aside from audit services, Sweco has consulted PwC on various matters related to financial accounting and mergers. Furthermore, PwC has assisted in due diligence processes in connection with acquisitions.