29 Service fees paid to external auditors
The service fees recognized in the financial statements 2022 for the services of KPMG amounted to €8.8 million (2021: €5.8 million). The amounts per service category are shown in the following table.
|
|
Total service fee |
|
Of which |
||||
|---|---|---|---|---|---|---|---|---|
|
|
KPMG |
|
KPMG |
|
KPMG NL |
|
KPMG NL |
|
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
|
|
|
|
|
|
|
|
Audit of the Group financial statements |
|
4.7 |
|
4.5 |
|
3.2 |
|
3.0 |
Audit of other (statutory) financial statements |
|
0.9 |
|
0.7 |
|
0.1 |
|
0.1 |
Other assurance services |
|
3.2 |
|
0.6 |
|
2.8 |
|
0.6 |
Total assurance services charged to DSM |
|
8.8 |
|
5.8 |
|
6.1 |
|
3.7 |
Of which: Assurance services related to transactions |
|
2.6 |
|
- |
|
2.3 |
|
- |
The service fees mentioned in the table for the audit of the financial statements 2022 (2021) relate to the total fees for the audit of the financial statements 2022 (2021), irrespective of whether the activities have been performed during the financial year 2022 (2021).
The other assurance services rendered by KPMG in 2022 mainly relate to assurance engagements required for the divestment of DSM Materials as well as for the announced merger plans. Assurance costs related to the divestment were partly recharged to the buyer. The remainder of other assurance services include assurance engagements on non-financial information and on internal controls of DSM Pension Services, assurance engagements on government grants and regulatory filings. KPMG did provide permitted non-assurance services in 2022 related to regulatory filings, agreed-upon procedures on certain information for the Remuneration Committee of Royal DSM and the pension fund and their external auditor (the same as in 2021).
