The Annual General Meeting 2019 elected PricewaterhouseCoopers AB (PwC) as the Group’s audit firm, with authorized public accountant Patrik Adolfson as auditor in charge, for a period of up to and including the Annual General Meeting for 2020.

The auditors' work is based on an audit plan, which is agreed upon in consultation with the Audit Committee and the Board of Directors. The auditors participate in all meetings of the Audit Committee and present their findings from the annual audit at the Board meeting held in February. In addition, the auditors should inform the Audit Committee on an annual basis of any services rendered, other than audit assignments, and any auditing fees received for such services or other circumstances that might affect the evaluation of the auditors' independence. The auditors should also participate in the Annual General Meeting to present the audit report and its conclusions.

The audit is performed in compliance with the Swedish Companies Act, generally accepted auditing standards in Sweden and International Standards on Auditing (ISA).

Auditor in charge: Patrik Adolfson
Authorized Public Accountant.
Born 1973
Patrik Adolfson has been auditor in charge of Securitas AB since 2015. Other audit assignments: AcadeMedia AB (publ), Attendo AB (publ), Nordstjernan Investment AB, Pandox AB (publ) and Bonava AB (publ). Member of Far.

Audit Fees and Reimbursement

Audit fees and reimbursement to auditors have been paid for audit assignments and other reviews in accordance with existing laws, and for advice and assistance in connection with reviews undertaken. Fees have also been paid for independent advice. This advice mainly pertains to audit-related consultations for accounting and tax compliance matters including tax returns.

Audit fees and reimbursement (PwC)                                            

   Group   Parent Company 
MSEK 2018 2017 2018 2017
Audit assignment 41.2 40.6 6.6 6.6
 Additional audit assignment 6.1 3.1 2.3 1.2
 Tax assignments 12.1 14.2 2.1 2.2
 Other assignments (1) 25.1 10.3 1.5 1.5
 Total PwC 84.5  68.2 12.5 11.5

(1) Fees for other assignments performed by PwC include fees for audit-related advisory services relating to accounting, including IFRS, IT, acquisitions, divestitures and matters relating to the Group's internal bank. In 2018 MSEK 18.6 pertained to advisory services regarding the acquisition of Kratos Public Safety and Security in North America.

Securitas AB Annual and Sustainability Report 2018

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