External Auditors

Pursuant to law, auditing is practiced by one of the companies registered in the special register held by CONSOB.

The shareholders’ meeting of 23 April 2009 granted the relevant assignment, with a duration of nine financial years on the basis of the provisions of law in force at the time, therefore for the financial years from 2009 to 2017, to Deloitte & Touche S.p.A.

Deloitte & Touche S.p.A ,
Via Silvio Pellico 1/8
16128 - Genoa
(www.deloitte.com)
 

The External Auditors, during the financial year, have the task of verifying:

  • that the company’s accounts are duly kept and that the accounting entries accurately reflect operational activities;
  • that the Annual Accounts and the Consolidated Financial Statements correspond to the results of the accounting entries and the controls carried out, and that they conform to the rules governing them.


The assignment granted to Deloitte & Touche S.p.A. includes the limited scope audit of the half-year condensed consolidated financial statements. 
 

Annual fee payable to Deloitte & Touche as approved by the shareholders’ meeting of ERG S.p.A. Euros
Audit of the Financial Statements as at 31 December 2011 209,000
Audit of the Consolidated Financial Statements 10,000
Verification that the company's accounts are duly kept and that the accounting entries accurately reflect operational activities 26,000
Limited scope audit of the half-year condensed consolidated financial statements 55,000

 

Please refer to Verbale dell'Assemblea degli Azionisti in2012 Shareholders Meeting page